Connect with us

news

Accountability Group Petitions National Assembly, Accuses Transport Minister of Selling Railway Assets as Scraps

Published

on

Centre Counters SERAP On Increased Budget For National Assembly*

 

A civil society organisation, Alliance for Public Asset Protection and Accountability (APAPA), has petitioned the National Assembly over what it described as a “coordinated and deliberate scheme” to strip the country’s railway system of valuable assets under the guise of scrap sales.

In a detailed petition submitted to Senate and the House of Representatives, the group accused the Minister of Transport, Sa’idu Ahmed Alkali, of conniving with officials of the Railway Property Management Company Limited (RPMCL) and handpicked consultants to unlawfully dispose of railway assets worth billions of naira without proper accountability.

The petition, signed by its president, Dr. Aminu Garba, described the activities of the ministry as a “brazen betrayal of public trust” and called for the immediate sack of the minister.

“We have credible intelligence that the Minister of Transport, in collusion with officials of the Railway Property Management Company Limited (RPMCL), has engaged private consultants to dispose of critical railway infrastructure without transparency or accountability,” the petition reads.

“These so-called consultants are not known to the public service. They were handpicked without competitive bidding, and their sole mission is to oversee the hurried sales of functioning railway equipment labelled falsely as scrap.

“Some of the locomotives and signalling systems being sold were acquired less than a decade ago and are still in good condition. These are not outdated machines — they are valuable assets.

“The buyers are mostly Chinese firms who, in collaboration with insiders, acquire these items at rock-bottom prices and ship them abroad. The Nigerian people gain nothing from these transactions.”

The group alleged that since Alkali’s appointment, the railway sector has recorded no meaningful progress. On the contrary, it said trains frequently break down in remote and dangerous locations, leaving passengers stranded and exposed to security threats.

“Instead of consolidating on the gains recorded under the Muhammadu Buhari administration, particularly in railway modernisation and safety, the current leadership of the Ministry of Transport is singularly focused on self-enrichment and clandestine deals at the expense of national development,” the group noted.

“In the last one year, the rail sector has regressed significantly. Trains now break down mid-journey in the middle of nowhere. There are no new coaches. No investment in safety. No innovation. Only secret asset sales and dubious scrap deals.”

The civic group further alleged that locomotives, steel tracks, signalling equipment, and other high-value railway infrastructure were being sold as scraps to Chinese companies and other private entities without due process or remittance of proceeds into government coffers.

“We find it disturbing that there is no visible reinvestment of proceeds from these so-called scrap sales. The Ministry has failed to provide any financial records showing inflows to the government purse,” the group added.

“Instead of improving rail safety and efficiency, the current administration of the Transport Ministry has made rail travel more dangerous and unreliable. The few trains in operation are poorly maintained and frequently stranded.

“We therefore demand the immediate sack of Minister Sa’idu Ahmed Alkali and a full public inquiry into the activities of the Railway Property Management Company Limited and the consultants involved in these suspicious transactions.”

The group also accused the minister of ignoring existing policies and bypassing the Bureau of Public Procurement (BPP) and Infrastructure Concession Regulatory Commission (ICRC), both of which are statutory agencies responsible for asset disposal and infrastructure concessions.

“This government cannot afford to look the other way while national assets are looted in broad daylight,” Dr. Garba stated.

In a message directed to the leadership of the Senate and House of Representatives, the group urged lawmakers to act swiftly to salvage what is left of Nigeria’s railway sector before it is stripped bare.

The CSO warned that it would mobilise civil society and initiate a nationwide campaign to expose the alleged rot if no action was taken within 30 days.

Continue Reading
Advertisement

news

Energy experts defend Dangote, blast marketers over blackmail attempt on fuel price hike

Published

on

DESPERATE NIGER BEGS NIGERIA FOR FUEL AMID CATASTROPHIC SHORTAGE!

 

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some fuel markers of attempting to blackmail the refinery and mislead the public over the recent increase in petrol prices.

The experts said reports suggesting that the refinery’s latest adjustment is solely responsible for the recent hike in fuel prices were misleading, noting that importers are also bringing in petrol at almost a N1,000 per litre, while the refinery’s coastal price is N948 and the gantry or ex-depot price stands at N995 per litre.

They stressed that public comparisons fail to consider the differences in pricing structures and supply channels.

According to the experts, N948 per litre represents the coastal delivery price, which refers to petroleum products transported by marine vessels or barges from the refinery to depots along the coastline. On the other hand, N995 per litre represents the gantry or ex-depot price, which is the rate paid by marketers who load petrol directly from the refinery into tanker trucks at the loading gantry for onward distribution across the country.

The experts explained that the two figures should not be interpreted as conflicting prices but rather as different logistics arrangements within the petroleum distribution chain.

Speaking with our correspondent on Sunday, energy expert David Okon said the pricing adjustments were inevitable given prevailing market conditions.

According to him, Dangote Petroleum Refinery & Petrochemicals operates in a deregulated market and procures crude at international prices, which have risen sharply due to geopolitical tensions in the Middle East.

“The refinery is already absorbing part of the cost to cushion the impact of the crisis on Nigerians. We can see what is happening in other parts of the world where shortages and scarcity are being reported despite higher prices, yet the Dangote Refinery has continued to guarantee domestic supply,” he said.

Okon explained that when the refinery previously sold petrol at N774 per litre, crude oil was landing at about $68 per barrel. However, with crude now arriving at roughly $95 per barrel, the cost difference of about $27 per barrel translates to nearly N40,000 per barrel when converted to Naira.

“You cannot expect a refinery to continue selling at the old rate under those circumstances,” he added.

“If imported products were truly cheaper, importers would still be selling at the previous prices.”

He warned that without local refining capacity, Nigeria could have faced severe fuel shortages, long queues at filling stations and a resurgence of black market sales.

“Without the Dangote Refinery, many filling stations would likely shut down, queues would return across the country and black market traders would exploit the situation, hawking four litres keg at N20,000 or more. The refinery has effectively prevented that scenario,” he said.

Another analyst, Mohammed Ibrahim, also faulted narratives circulating in some quarters suggesting that the refinery’s pricing adjustment was responsible for worsening economic hardship in the country.

Accusing some importers of attempting to manipulate public perception, he said, “What we are seeing is nothing but deliberate blackmail by some fuel importers who feel threatened by local refining.

“They are twisting the pricing structure to mislead Nigerians and create unnecessary panic in the market.

“By exaggerating the refinery’s gantry price and ignoring the comparable costs of imported fuel, they are trying to make it appear as though Dangote Refinery is the cause of rising prices and economic hardship. This is a calculated attempt to protect their import businesses and undermine local refining, which is meant to reduce our dependence on imported petrol.”

Ibrahim added that such narratives were aimed at portraying the refinery as the reason Nigerians were struggling with higher petrol prices.

He stressed that petrol pricing in Nigeria is largely influenced by global crude oil prices, exchange rate fluctuations, and distribution logistics, noting that these factors affect both locally refined and imported fuel in the country’s deregulated market.

Afolabi Olowookere, Managing Director and Chief Economist at Analysts’ Data Services and Resources (ADSR) Limited, explained that although Nigerians expect refined products from the refinery to be significantly cheaper, prevailing market realities such as global crude oil prices, the cost of crude supply and refining margins make substantial price reductions unlikely in the short term.

“Therefore, improving domestic crude allocation to the refinery would strengthen supply stability and enhance the long term benefits of local refining for the economy,” Olowookere noted.

Recent conflicts in the Middle East and disruptions along key shipping lanes have tightened global oil supply, pushing crude prices past $90 per barrel, a development that directly raises the cost of both imported and locally refined petrol in Nigeria.

The unrest has pushed up fuel costs and transportation in several countries, including Ghana, the United States, the United Kingdom, South Africa, India, Canada, Brazil, Germany, France, and Japan, as rising crude prices increase the cost of refining, distribution, and logistics globally.

Continue Reading

news

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

Published

on

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

 

A renowned humanitarian and proud daughter of Mbaise in Imo State, High Chief (Dr.) Princess Chetachi Nwoga-Ecton, has empowered over 300 widows and vulnerable women across the Owerri Zone, in a remarkable demonstration of compassion and service to humanity.

 

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

 

The empowerment programme, which took place at the Palace of the Eze of Ngor Okpala, HRH Eze Engr. Fredrick Nwachukwu, brought together community leaders, traditional rulers, women groups and beneficiaries from different communities within the zone.

 

During the event, the widows received food materials and cash support, aimed at helping them meet basic needs and strengthen their small-scale businesses.

 

CHETACHI NWOGA-ECTON EMPOWERS 300 WIDOWS IN IMO

The initiative was widely applauded as a timely intervention to support women who often face severe economic hardship after losing their spouses.

 

 

Many of the beneficiaries expressed heartfelt appreciation to High Chief (Dr.) Nwoga-Ecton, describing the empowerment as a lifeline that would help them take better care of their families.

 

 

Some widows, while offering prayers for the philanthropist, noted that the gesture had restored hope and dignity in their lives.

 

 

Fondly known as Ada Imo and Adaure, High Chief (Dr.) Princess Chetachi Nwoga-Ecton has earned widespread admiration for her consistent humanitarian efforts both within Nigeria and internationally.

 

 

Through her philanthropic activities and foundations, she has continued to support widows, children, and vulnerable communities with interventions in healthcare, welfare and economic empowerment.

 

Community stakeholders who attended the programme commended the Mbaise-born philanthropist for her generosity and dedication to uplifting the less privileged, noting that her actions reflect true leadership and compassion.

 

 

Observers say the initiative further reinforces her growing reputation as one of the most impactful humanitarians of this generation, whose commitment to humanity continues to inspire hope across Imo State and beyond.

Continue Reading

news

UNITED KINGDOM OF ATLANTIS ANNOUNCES APPOINTMENT OF ACTING ADMIN KING OF THE UKA THRONE

Published

on

UNITED KINGDOM OF ATLANTIS ANNOUNCES APPOINTMENT OF ACTING ADMIN KING OF THE UKA THRONE

 

March 6, 2026 – In a landmark royal decree, the Office of the Minister of Information & Culture of the United Kingdom of Atlantis (UKA) has announced the appointment of His Imperial Royal Eminence, King Sir Benny Terry Danson, as the Acting Admin King of the UKA Throne. The nomination was issued through an official directive from the UKA Throne and is intended to pave the way for King Sir Benny Terry Danson’s eventual ascension to the title of Official Emperor Admin of the Throne, subject to the completion of necessary formal and constitutional processes.

 

The UKA Throne emphasized that the appointment underscores its unwavering commitment to competence, dedication, and integrity as the guiding principles for all administrative functions within the government structure. Officials stated that the decision is a strategic move to reinforce national leadership and accelerate the kingdom’s vision of becoming a more efficient, progressive, and unified nation.

 

 

The new Acting Admin King will oversee initiatives aimed at fostering sustainable growth, improving public service delivery, and promoting collective national development among citizens and followers of the UKA. The government expressed deep appreciation for the continuous love, loyalty, and support shown by the populace, noting that public engagement is essential for the kingdom’s shared prosperity and advancement.

 

 

Further details regarding the formalization of the appointment, including ceremonial schedules and administrative timelines, will be released to the public in due course through official communication channels.

 

Report Highlights:
– Nominee: King Sir Benny Terry Danson, Acting Admin King.
– Objective: Transition toward becoming Official Emperor Admin of the UKA Throne.
– Focus: Strengthening governance through competence, dedication, and integrity.
– Impact: Expected to drive national efficiency, progress, and unity.
– Next Steps: Official ceremonies and constitutional procedures to follow.

Continue Reading

Cover Of The Week

Trending