Economy
PETROAN Warns Of Monopoly Over Dangote Refinery’s Nationwide Fuel Distribution Plan
PETROAN Warns Of Monopoly Over Dangote Refinery’s Nationwide Fuel Distribution Plan
PETROAN warns of monopoly over Dangote refinery’s nationwide fuel distribution plan. The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the Dangote Refinery’s forward integration adoption could lead to a monopoly in disguise.
On June 15, Dangote refinery said it would begin the nationwide distribution of diesel and premium motor spirit (PMS), also known as petrol, on August 15.

PETROAN Warns Of Monopoly
In a statement on Monday, signed by Joseph Obele, PETROAN’s national public relations officer, the association said the development could also pose a significant job loss threat to Nigeria.
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Economy
Nigeria’s Diversity is Our Strengthen, Unity Must Remain Our Greates Asset, Says Minister Mohammed Idris
Nigeria’s Diversity is Our Strengthen, Unity Must Remain Our Greates Asset, Says Minister Mohammed Idris
The Honourable Minister of Information and National Orientation, Mohammed Idris, has described Nigeria’s diversity as a source of strength, urging citizens to promote unity and mutual understanding, noting that what binds Nigerians together is far greater than what divides them.
Eereporter.com
Idris stated this on Friday, August 14, 2026, when he attended the wake-keep of the late Ukandi Placidus Ugar Ogar in Obudu, Cross River State, alongside family members, friends, and dignitaries, including the Deputy Governor of Cross River State, Rt. Hon. Peter Odey; former Governor of Cross River State, Senator Prof. Ben Ayade; Chief of Staff to the Governor of Cross River State, Dr. Emmanuel Ironbar; and the Cross River State Commissioner for Lands, Dr. Erasmus Ekpang.
The late Ukandi Placidus Ugar Ogar, who died at the age of 76, was an elder brother to Senator Ayade and Dr. Frank Ayade.
The Minister said the gathering reflected the richness of Nigeria’s diversity and the ability of citizens from different backgrounds to unite in solidarity.
“What I have seen today is the diversity of Nigeria and how it can be further harnessed to promote unity in this country. Nigerians from all walks of life are Nigerians first. Therefore, we must celebrate them wherever they are,” he said.
While expressing condolences to the bereaved family, Idris noted that the occasion also provided an opportunity to honour a life that fostered unity among people.
“It is a moment of sorrow that he has passed on, but also a moment of gratitude that he lived a worthy life, one that helped bring people together,” the Minister said.
He called on Nigerians to continue to promote unity and shared values, while leveraging the country’s diverse cultures and traditions as assets for national development.
“We must strengthen our unity, uphold our shared values, and also see our diversity as a resource that can contribute meaningfully to the growth of our economy,” he said.

Mohammed Idris
Idris reaffirmed that Nigeria’s strength lies in its people and their collective ability to rise above differences in pursuit of the common good.
Rabiu Ibrahim, mnipr
Special Assistant (Media) to the Honourable Minister of Information and National Orientation
Saturday, August 15, 2026
Eereporter.com
Economy
NNPC’s Bebenimibo Receives SPE Nigeria Council Chairman’s Medallion
NNPC’s Bebenimibo Receives SPE Nigeria Council Chairman’s Medallion
We congratulate Ebifagha Bebenimibo, Reservoir Engineer, NNPC E&P Limited, on receiving the SPE Nigeria Council Chairman’s Medallion at the Dinner and Awards Night of the Society of Petroleum Engineers’ Nigeria Annual International Conference and Exhibition (NAICE) 2026 in Lagos. Eereporter.com
The Medallion is conferred by the SPE Nigeria Council Chair on selected individuals for their leadership and service to the Council within the board year. Bebenimibo serves as Student Programs Chair, with oversight of more than 14,000 students across 51 tertiary institutions, and led this year’s students’ conference, which secured internship placements for students, ran field trips for over 300 student delegates across three locations, and returned more than 8 million naira to the Society through cost savings.

Bebenimibo
At NNPC Limited, our core values are Integrity, Excellence, and Sustainability. Delivering a national student programme of that scale while handling a full technical role defines Excellence in action. Eereporter.com
Economy
NNPC Limited, Nembe E&P Discuss Higher Output from OML 29
NNPC Limited, Nembe E&P Discuss Higher Output from OML 29
NNPC Limited has held talks with Nembe Exploration and Production Company Limited on raising output from the joint venture the two companies run.
Eereporter.com
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, received the Group Managing Director of Nembe Exploration and Production Company Limited, Mr. Victor Okoronkwo, at the NNPC Towers, Abuja, recently.

NNPC Limited
Discussions centred on current production on OML 29 and the work required to lift volumes. Nembe E&P is the operator of OML 29, the largest onshore block in Sub-Saharan Africa with an area extent of 990 sq. km.
Eereporter.com
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