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Kyari: CUPP, a political mediocre tool, toothless bulldog – Group
A foremost civil society group, the Network for Transparency and Good Governance (NTGG) has berated the Coalition of United Political Parties (CUPP) for trying to play politics with the emotions of Nigerians and playing to the gutters over the recent fuel subsidy removal which has led to the temporary hike in the pump price of petrol.
CUPP, a political opposition group led by disgruntled members of the Peoples Democratic Party (PDP), had alleged that the fuel subsidy removal was a scam to cage Nigerians and is calling for the removal of Mr. Mele Kyari, the group chief executive officer, GCEO, of the Nigerian National Petroleum Company Limited (NNPCL).
But, NTGG, in a statement co-signed by its national coordinator, Friday Imoni and national secretary, Gana Alkali, on Thursday said that ordinarily, it would have ignored CUPP-PDP for advertising “their lack of vision and empathy for Nigerians in these trying times which they brought upon the nation, but because of innocent Nigerians who may not be fully abreast with the current situation of things, it decided to respond.
According to the statement: “We read with dismay a spurious, sickening and nefarious statement credited to the failed and disgruntled Coalition of United Political Parties (CUPP) led and sponsored by members of the troubled and corrupt-ridden Peoples Democratic Party (PDP), calling for the removal of Mr. Mele Kyari, the group chief executive officer, GCEO, of the Nigerian National Petroleum Company Limited (NNPCL) over the recent subsidy removal
“It’s a statement of fact that CUPP has the unenviable mandate to try to intimidate and blackmail important state institutions such as the NNPCL, INEC, the judiciary, and security agencies, on behalf of PDP with the hope of gaining political advantage having been rejected by the majority of the people.
“As the current administration tackles our national challenges and at this period, we all should focus on issues of nation building, but the best PDP and its acolytes are offering is a distraction.
“Fuel subsidy removal in Nigeria is an economic necessity, as the subsidy funds could lead to major development gains. With the proper structure, such as building good infrastructure and a conducive environment for investors, removing subsidies is a blessing the economy needs right now.
“For instance, the amount paid out on subsidies from 2005 to 2021 is equivalent to the entire budget for health, education, agriculture, and defence in the last five years. The sum also equals the capital expenditure for 10 years between 2011 and 2020. The removal of subsidy will free allocations which can be channeled to the provision of infrastructure like roads, education, health service, power, security, creation of jobs, development of the downstream sector, improve our GDP growth, clamp down on product theft, pipeline vandalism, environmental pollution, foreign exchange shortages and provision of basic benefits for Nigerians.
“It’s however laughable that the personal interests and frustrations of the promoters of CUPP have beclouded their reasoning.
“The recent fuel pump price adjustment from N537 to N617 per litre was as a result of forces being determined by foreign exchange fluctuations induced by international market forces. The government is, however, working to mitigate the hardship occasioned by the increment in the fuel pump price.
While calling for the continued support and appealing to Nigerians for the temporary pains of the initiative, the group said: “Instead of the PDP and their minions to join hands with the current administration to salvage the economy, they have, in the name of opposition, continued to distract the government and Nigerians with their post-election delusions, salacious fictions, conjured rifts in government circle, and their spurious allegations against the NNPCL and its management.
“It’s worthy of note that NNPCL under the leadership of Mr. Kyari has witnessed massive transformation all around. The NNPCL chief has worked tirelessly to promote transparency, accountability, and good governance in the Nigerian oil and gas industry.
“The oil giant has moved to a profit-making corporation owing to its culture of accountability, transparency, and innovation.
“Maybe we should remind CUPP that Kyari was a vocal advocate for the passage of the Petroleum Industry Bill (PIB), a comprehensive reform package aimed at overhauling the industry’s regulatory framework and promoting investment and growth.
“Today, the NNPC has become a world-class institution capable of competing with the best and brightest in the global energy industry.
“While the CUPP-PDP wallows in its obscene conducts, Nigeria under the President Bola Tinubu-led APC administration will continue to strife to lead the country to economic boom once again.
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.
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.
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.
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.
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.
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