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IGP, Ibrahim Idris faces sack threat, as he leaves Benue without Buhari’s consent

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The Inspector-General of Police Ibrahim Idris has yet to relocate to Benue State, in an apparent affront to President Muhammadu Buhari’s order last month.
In a directive issued on January 9, Mr. Buhari asked Mr. Idris, whom he appointed in June 2016, to move to Benue State to restore order and forestall further attacks on villagers by suspected herdsmen.
The president also emphasised in his January 25 letter to the Senate that he had “instructed the Inspector General of Police to relocate to Benue State” and “redeploy forces to the most sensitive areas.”
The order followed the January 1 killings of over 70 villagers in Logo and Guma Local Government Areas of the state, a development that sparked nationwide outrage and calls for a new approach to the killings linked to farmer-herdsmen crisis across central Nigeria.
The president asked Mr. Idris to focus on the farmers-herders attacks in Benue, Nasarawa, Taraba, Adamawa and Kaduna States. Each of these states has witnessed repeated attacks in recent weeks.
Mr. Idris initially obeyed the president’s order and arrived Makurdi, the state capital, on January 10, meeting with Governor Samuel Ortom on January 11.
But the Inspector-General spent only three days touring the state, including holding talks with Benue political and religious leaders and visiting camps of the internally displaced persons in Logo Local Government Area.
Subsequently, the IG left the state for Nasarawa, drawing criticism from Benue residents that he was disobeying the president’s order by abandoning Benue, which is the epicentre of the deadly violence.
But Mr. Idris’ stay in Nasarawa was also short-lived, PREMIUM TIMES learnt. The police chief departed the state after about four days and returned to Abuja, where he has remained ever since.

PREMIUM TIMES could not immediately confirm the reason behind the defiance of a presidential order by Mr. Idris, who recently faced a nationwide ridicule for describing the January 1 killing in Benue as “communal clashes.”
PREMIUM TIMES’ calls and text messages to the Inspector-General seeking comments about his refusal to relocate to Benue as directed by the president were neither acknowledged nor returned within the past one week.
Similarly, police spokesperson Jimoh Moshood ignored PREMIUM TIMES’ repeated requests for comments on the matter.
However, the state governor said he understood why it was difficult for the Inspector-General to stay in Benue.
Mr. Ortom said Nigeria’s security challenges are enormous and the Inspector-General is only one man who could not be expected to concentrate in one part of the country.
“But we have the deputy inspector-general in charge of operations on the ground here,” Mr. Ortom told PREMIUM TIMES in a January 24 interview in Makurdi.
Mr. Buhari issued a similar order to the Chief of Army Staff Tukur Buratai in 2015, asking the military chief to relocate to Borno State, the epicentre of the Boko Haram onslaught.
Mr. Buratai has remained at the theatre of operations since then. He only visits the Army headquarters in Abuja when necessary, for meetings or administrative tasks, but “most of the time, he’s in Maiduguri,” a military chief told PREMIUM TIMES Thursday night, corroborating our independent findings.
But Mike Ejiofor, a security analyst, said there’s no rationale for the Inspector-General to remain in Benue or anywhere else in the crisis-ridden north-central.
“I don’t think it’s reasonable for him to remain there and leave all his administrative work at the headquarters,” said Mr. Ejiofor, a former director at the State Security Service.
Mr. Ejiofor said the DIG Operations that was kept in Benue is enough to coordinate the activities of police in the area, saying the relocation of military chiefs to Borno State had no significant impact on the overall success of military tactics against insurgents.
“I think we should be realistic,” he added.
Several local government areas in Benue, Nasarawa and Taraba States are still in crisis, with killings reported every now and then, PREMIUM TIMES found,
Thousands of residents are currently trapped in separate camps run by the government and private organisations in the three states.
More than 660 members of the police special forces are currently manning 10 units in Benue and Nasarawa, Mr. Idris said last month.
PREMIUM TIMES recently found that at least six villages were still being avoided by police special forces in Logo Local Government Area alone.
Security forces appear unable to withstand the firepower of the attackers lurking in the bushes around the villages.

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Holiday Relief: Dangote Refinery Lowers PMS Price to N899.50, Introduces Special Credit Offer

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Holiday Relief: Dangote Refinery Lowers PMS Price to N899.50, Introduces Special Credit Offer

Holiday Relief: Dangote Refinery Lowers PMS Price to N899.50, Introduces Special Credit Offer

In a bid to ease financial burdens during the holiday season, Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre. This follows a previous price cut to N970 per litre on November 24. The move is aimed at reducing transportation costs for Nigerians as they prepare for festive celebrations.

Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Group, disclosed the development in a statement, highlighting additional benefits for consumers. Beyond the price reduction, the refinery is introducing a special credit offer. For every litre of PMS purchased on a cash basis, consumers can buy an additional litre on credit, supported by a bank guarantee from Access Bank, First Bank, or Zenith Bank.

“To help reduce transport expenses this holiday season, we’re offering PMS at N899.50 per litre and providing a credit option for additional purchases. This is part of our commitment to making high-quality petroleum products accessible to Nigerians,” Chiejina said.

The refinery also reaffirmed its commitment to providing premium-quality, environmentally-friendly fuel, while ending Nigeria’s dependence on substandard imported products.

With a capacity of 650,000 barrels per day, the Dangote Refinery is the largest single-train refinery in the world, capable of meeting Nigeria’s entire refined petroleum product demand and generating surplus for export. As the festive season approaches, the company expressed gratitude to Nigerians for their support and pledged continued efforts to ease their economic burdens.

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Setting the Record Straight: Clarifying NNPCL’s Role in the Dangote Refinery Investment

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General Buratai Urges Dangote Not To Succumb To Marketers Blackmail, Reveals Why

Setting the Record Straight: Clarifying NNPCL’s Role in the Dangote Refinery Investment

We have received numerous inquiries from the media and concerned stakeholders seeking clarification regarding a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL). The report suggested that NNPCL’s decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote Refinery during liquidity challenges.

Setting the Record Straight: Clarifying NNPCL's Role in the Dangote Refinery Investment

We wish to categorically state that this narrative is a misrepresentation of the facts. The $1 billion referenced constitutes just about 5% of the total investment in building the Dangote Refinery.

Our partnership with NNPCL was established based on their strategic importance as the largest offtaker of Nigerian crude and, at the time, the sole supplier of gasoline into Nigeria. As part of this agreement, a 20% stake in the refinery was valued at $2.76 billion. Of this amount, NNPCL agreed to pay $1 billion upfront, while the remaining balance was structured to be recovered over five years through crude oil supply deductions and dividends.

If we had been facing liquidity challenges, such generous credit terms would not have been feasible. At the time of the agreement in 2021, the refinery was still in its pre-commissioning phase. Any claims suggesting financial struggles are inconsistent with the structure and nature of this agreement.

Regrettably, NNPCL was unable to meet its commitment to supply the agreed 300,000 barrels per day of crude oil due to pre-existing financial commitments tied to their crude cargoes. Given this, we extended a 12-month period for NNPCL to pay cash for the balance of their equity. However, they were unable to meet the deadline, which expired on June 30, 2024. Consequently, NNPCL’s equity stake in the refinery was adjusted to 7.24%.

It is therefore inaccurate to claim that NNPCL facilitated a $1 billion investment amid liquidity challenges. Their $1 billion investment secured a 7.24% ownership stake in the Dangote Refinery, a strategic partnership beneficial to their interests.

NNPCL remains a valued partner, and we urge all stakeholders to adhere to the facts and provide accurate information to ensure proper media representation for the benefit of all stakeholders and the public.

Anthony Chiejina
Group Chief Branding and Communications Officer
18th December, 2024

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MTN Contributes N200bn Monthly in VAT, Driving Tax Reform Debate

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MTN Contributes N200bn Monthly in VAT, Driving Tax Reform Debate

MTN Contributes N200bn Monthly in VAT, Driving Tax Reform Debate

 

MTN Nigeria, the nation’s largest telecom company, pays over N200 billion in Value Added Tax (VAT) monthly, making it the single biggest contributor to the country’s VAT revenue, according to Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee.

Speaking at Channels Television’s Town Hall on Tax Reforms, Oyedele highlighted significant disparities in the current VAT allocation system, revealing that all VAT paid by MTN is credited solely to Lagos State, where the company’s headquarters is located, despite the fact that services generating this revenue are consumed nationwide.

“MTN is the largest contributor to VAT in Nigeria,” Oyedele stated. “They pay over N200bn every month, and the gap between them and the second-largest contributor is massive. However, all this VAT is currently allocated to Lagos, even as calls are made across states like Kano, the FCT, Ekiti, Edo, and Kebbi.”

As part of the ongoing tax reform efforts, the committee has proposed a new framework to ensure equitable distribution of VAT revenues based on consumption rather than the corporate headquarters’ location.

Under the proposed redistribution model, Lagos State, which now retains the full N200bn from MTN, would see its share reduced to around 20 per cent. The remaining revenue would be distributed more fairly among other states where the services are consumed.

“This adjustment ensures states where VAT is generated get their fair share,” Oyedele explained. “While Lagos State’s share decreases slightly, every other state stands to gain under the new system.”

The tax reform bill, designed to address inefficiencies and promote fairness in Nigeria’s fiscal policies, has sparked debate among stakeholders. Critics have accused the committee of advancing policies that may negatively impact certain regions.

Oyedele, however, dismissed these claims, arguing that the current system is flawed and in need of urgent correction. “If something is being done wrongly, how can Lagos State or anyone oppose reforms aimed at fixing it?” he questioned.

The proposed reforms, which include provisions for revenue redistribution and efficiency improvements, are seen as pivotal to ensuring fairness and sustainability in Nigeria’s tax system.

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