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Dangote Refinery: PETROAN President, Billy Gillis-Harry, calls on Tinubu, stakeholders to be wary
The President of the Petroleum Products Retail Outlets Owners Association, (PETROAN), Billy Gillis-Harry, has called on the current administration of President Bola Ahmed Tinubu and other stakeholders to be wary of Dangote Refinery and its fuel price regime in the coming months, with a view to avoiding cannibalization of small businesses in the oil and gas sector.
Gillis-Harry, who stated that though the current administration wants Dangote refinery to start producing on all four valves widely open and wide, expressed that there is a need to be very cautious about the development of the business.
He made the submission during an interview with, Daily Post, adding that he is proud of the development as a Nigerian, particularly with 650,000 barrels of crude oil “but I just hope that his pride will not keep me hungry without being in business.”
“Well, we want Dangote refinery to start producing on all four valves. All valves should be open and wide. However, there’s a need to be cautious about the development of the business. 650,000 barrels of crude oil and we’re very proud. As a Nigerian, I’m very proud.
“Because right now, we’re doing our little businesses from importation. We’re doing it. To my knowledge, nobody has brought substandard products except when there was a general product of PMS that came in that of course explanations were given. To my knowledge, none of my members have come to say, Oh, we bought PMS as a company and the rating is low. Of course with our 3P’s solution, we also take measures on the product.
“Believe me, I will not be able to say either yes or no but I think that such a broad-based allegation by Dangote Refinery should be backed with empirical evidence. It shouldn’t be just a one-off allegation because people are importing products. These products are going to be used like Shell and AGIP and different stakeholders in the industry that are using it to be able to further produce crude oil. So I mean, if there is a presentation like that, we should expect the houses also to come out and tell us the whole part of the story. And then of course Depots and Petroleum Products Marketers Association of Nigeria, DAPPMAN responded by saying oh, sorry, our members are not bringing it,” he maintained.
Speaking further, PETROAN President noted that it would advise Dangote Refinery to also have stakeholders’ meetings consistently to be able to review the obtainable price in the industry, and avoid being monopolistic in its dealings.
“We want a situation where Dangote will consistently work with the rules, let him refine and then let the depots distribute and let the retailers take from the depots and give to the end users, he stated.
While saying there is a need for domestic revaluation of the Oil and Gas industry, he explained that the Dangote Refinery must be able to fix prices at an affordable rate for Nigerians immediately it commences fuel supply
He said: “The reason is, now why should Dangote buy crude oil in US dollars? We are not printing US dollars in Nigeria. So even though oil is dominated as an international commodity that is predicated on the US dollar, part of the emergency decisions that I should expect to happen is that we are going to produce 2 million barrels of crude oil strictly for our domestic consumption, and we’re going to price it at the Nigerian Naira.
“Of course. That’s why sometimes I bother to ask. How did it get so bad that Dangote Refinery had to import crude oil? Because they will not have told him about the Bonny light because they’re also producing oil there. But they are importing from other countries and storing up. So we need to register the entire system and be transparently honest because for crying out loud, being the poorest man or the richest man in the world, we are all equal.”
Similarly, he touched on the deadlines and missed deadlines for the take-off of the Port Harcourt, Kaduna, and Warri refineries, expressing that the government is doing everything possible to make them up and running.
He concluded that PETROAN is working with those who would be given refinery licenses that did not have capacity and partnership, saying they have enough retail outlets to be able to obtain from them enough partnership and guarantee for them to further raise capital to be able to do the work.
Chairman of the House of Representatives Committee on Federal Roads Maintenance Agency (FERMA), Engr. Aderemi Oseni has expressed deep sorrow over the passing of former Oyo State Governor, Dr. Omololu Olunloyo, describing his death as a monumental loss to the people of Oyo State and Nigeria at large.
In a condolence message made available to the press on Sunday, in Ibadan by his media aide, Idowu Ayodele, the lawmaker eulogised the late elder statesman as a distinguished scholar, consummate public administrator, and one of Nigeria’s most intellectually gifted leaders whose legacy would continue to inspire generations.
Dr. Olunloyo, who served as governor of Oyo State during the Second Republic, was reported dead at the age of 89. He was widely respected for his brilliance, administrative acumen, and unmatched depth in mathematics and public discourse.
Oseni noted that the late governor’s contributions to the development of Oyo State, particularly in the areas of education, governance, and intellectual engagement, are indelible footprints in the sands of time.
“We have lost a gem. Dr. Olunloyo was not just a leader, he was a father figure and a repository of wisdom. His demise is a personal loss to me and all lovers of progress and excellence in our society,” he stated.
While commiserating with the Olunloyo family, the people of Ibadan, and the entire Oyo State, he prayed for the peaceful repose of the departed soul and urged all to take solace in the rich and impactful life he lived.
Member representing Ibarapa East/Ido Federal Constituency in the House of Representatives and Chairman, House Committee on Federal Roads Maintenance Agency (FERMA), Engr. Aderemi Oseni has extended his heartfelt congratulations to Chief Sulaimon Ajeniyi Ajewole and other members of the Central Council of Ibadan Indigenes (CCII) executives on their re-election.
Chief Ajewole was returned as the President-General of the apex Ibadan socio-cultural association, alongside other members of the executive council, who were all given the mandate to continue piloting the affairs of the association for another two-year term.
In a congratulatory message issued through his media aide, Idowu Ayodele, Oseni described the re-election of the Ajewole-led team as a reflection of the trust and confidence reposed in their leadership by the Ibadan indigenes at home and in the diaspora.
He commended the CCII leadership for its unwavering commitment to the progress, unity, and cultural advancement of Ibadanland while expressing optimism that the renewed mandate would further propel the association to greater heights.
“The re-election of Chief Ajewole and his team is not only a testament to their sterling performance over the last term but also an affirmation of their capacity to continue serving the interest of Ibadan indigenes. I extend my warmest congratulations and best wishes for a more impactful tenure,” he said.
The lawmaker further assured the CCII of his continued support for any initiative geared towards the development of Ibadanland and the preservation of its rich heritage.
The CCII is renowned for its pivotal role in mobilising Ibadan sons and daughters towards the socio-economic development of the65 ancient city and beyond.
The political and academic communities in Nigeria were thrown into mourning on Sunday following the death of Dr. Victor Omololu Olunloyo, a former governor of the old Oyo State.
Dr. Olunloyo, a distinguished mathematician, seasoned politician, and elder statesman, died in the early hours of Sunday after reportedly battling age-related ailments. He was aged 89 and would have clocked 90 in about three months.
Born into the aristocratic Olunloyo family of Ibadan, the late statesman made history in 1983 when he was elected governor of the old Oyo State under the platform of the National Party of Nigeria (NPN). His tenure, however, was short-lived as the military coup of December 1983 abruptly ended the Second Republic and consequently his time in office.
Known for his brilliance and sharp intellect, Olunloyo was widely regarded as the first and only individual to have ruled Ibadan as a distinct administrative unit before the restructuring of states in Nigeria.
A family source who confirmed his passing described his final weeks as a period of intense struggle with age-related health complications.
“The family is currently in mourning and will make burial arrangements public in due course,” the source said.
More details to follow…
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