Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

HOSTCOM Demands Support for Dangote Refinery to End Fuel Imports

Benita OrumabyBenita Oruma
July 27, 2024
in Business & Finance
0
HOSTCOM Demands Support for Dangote Refinery to End Fuel Imports
Share on FacebookShare on TwitterShare on Whatsapp

The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has called on the federal government to support the Dangote Petroleum Refinery & Petrochemicals and other domestic refineries to end Nigeria’s reliance on imported petrol, diesel, and other refined products. This statement is following a visit to the Dangote Petroleum Refinery in Ibeju Lekki, which boasts a capacity of 650,000 barrels per day, and also against the backdrop of the conflict between Dangote and oil regulatory authorities that has gained a lot of comments from Nigerians and attention from members of the National Assembly.

Table of Contents

Toggle
  • Issues with Government Refineries
  • Statement on National Support
  • Controversy Surrounding NMDPRA Leadership
  • Appeal to President Tinubu
  • Conclusion

Issues with Government Refineries

HOSTCOM highlighted that despite Nigeria’s position as a leading crude oil producer in Africa, the country continues to depend on imports for refined products. It also noted the ongoing problems with government-owned refineries, which have been inactive for over two decades.

HOSTCOM’s leadership emphasized the importance of refining crude oil locally. The delegation, led by HOSTCOM’s national president Dr. Benjamin Tamaramiebi, included traditional rulers from the Niger Delta such as HRM Frank Okorakpo, HRM Obafemi Ogaro, and HRM (Capt) Frank Okiakpe.

Statement on National Support

Following the tour, Dr. Tamaramiebi called for nationwide backing of the Dangote Petroleum Refinery to eliminate the need for imported refined products. He expressed gratitude to the National Assembly and other supporters but cautioned against sabotage that could impede progress toward self-sufficiency.

The body also criticized the ongoing corruption within Nigeria’s oil and gas sector, attributing the country’s import dependency to influential cabals. The group warned that it would publicly name these individuals if necessary.

Controversy Surrounding NMDPRA Leadership

HOSTCOM also took issue with Farouk Ahmed, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), for his recent statement that the government would not cease importing refined products. The group called for Ahmed’s removal, citing his previous affiliations with key sector players as a conflict of interest. While commending Aliko Dangote for his investment in the Dangote Petroleum Refinery, noting its significant contribution to Nigeria’s economic growth. They emphasized the refinery’s role in providing local solutions and reducing dependency on imports.

Appeal to President Tinubu

The group urged President Bola Ahmed Tinubu to support the Dangote refinery project, highlighting its potential benefits for the economy, job creation, and host communities. They also called on the President to address economic sabotage by International Oil Companies (IOCs) that refuse to supply crude oil to domestic refineries.

Conclusion

HOSTCOM concluded with a strong stance against any failures by the NNPC and IOCs to meet their domestic crude oil supply obligations. The group warned that they would pursue greater autonomy over their resources if necessary to ensure that Nigeria’s refineries receive the support they need.

Tags: dangotefederal characterfuelHOSTCOMHOSTCOM Demands Support for Dangote Refinery to End Fuel ImportsImportsNewsrefinery
Benita Oruma

Benita Oruma

Benita Oruma is a lawyer in training, a 400 level student in the university of Ibadan. She is a content writer with interest in corporate affairs and the marketplace.

Related Posts

Stocks Rally After Shutdown — Don’t Trust This Fake Calm
Business & Finance

Stocks Rally After Shutdown — Don’t Trust This Fake Calm

November 12, 2025
November Nightmare: Naira Sinks Deeper as Foreign Currencies Tighten Their Grip
Business & Finance

November Nightmare: Naira Sinks Deeper as Foreign Currencies Tighten Their Grip

November 12, 2025
November Nightmare: Naira Sinks Deeper as Foreign Currencies Tighten Their Grip
Business & Finance

November Nightmare: Naira Sinks Deeper as Foreign Currencies Tighten Their Grip

November 10, 2025
Next Post
Dollar, Euro and Pounds To Naira Exchange Rate For Today, July 28 2024

Dollar, Euro and Pounds To Naira Exchange Rate For Today, July 28 2024

Quick and Easy Egg Fried Rice for Lazy Nights

Quick and Easy Egg Fried Rice for Lazy Nights

Your Guide to Choosing the Ideal Occasion Cake

Your Guide to Choosing the Ideal Occasion Cake

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Don’t let heroes of democracy perish in poverty-Third Republican lawmakers beg Tinubu

Burna Boy apparently covers costs for patients at a teaching hospital

1 year ago
Troost-Ekong, Adams Shine as Nigeria Edge Lesotho to Keep World Cup Hopes Alive

Troost-Ekong, Adams Shine as Nigeria Edge Lesotho to Keep World Cup Hopes Alive

1 month ago
Haaland Scores his 25th goal to help Manchester City Defeat the Wolves.

Haaland Scores his 25th goal to help Manchester City Defeat the Wolves.

3 years ago
Donald Trump Named ‘Person of the Year’ by Time Magazine

Donald Trump Named ‘Person of the Year’ by Time Magazine

11 months ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Djokovic Questions the Justice of Sinner’s Doping Ban, Considers the Arrangement “Very Strange”

Laporta Rules Out Messi Returning to Play for Barcelona But Plans to Pay Tribute at Rebuilt Camp Nou

Turkey Demands Answers After Catastrophic Military Loss

As Ukraine Fights Russia, a New Battle Erupts Within Its Own Government

Survival in Trump’s America: The Secret Ways Families Are Dodging Immigration Raids

How Late Rapper Dagrin Shaped My Music Journey – Olamide

Trending

Tacha Makes History With Dual Guinness World Records In Makeup Artistry
Entertainment

Tacha Makes History With Dual Guinness World Records In Makeup Artistry

byAyobami Owolabi
November 12, 2025
0

Reality TV personality and entrepreneur Anita Natacha Akide, widely known as Tacha, has achieved a historic milestone...

You Won't Believe Trump's New Plan: 50-Year Home Loans & $2,000 Checks for Voters — Here's the Shocking Catch

You Won’t Believe Trump’s New Plan: 50-Year Home Loans & $2,000 Checks for Voters — Here’s the Shocking Catch

November 12, 2025
Epstein's Bombshell Allegation Against Trump Unveiled: He 'Spent Hours' With Accuser, Court Documents Show

Epstein’s Bombshell Allegation Against Trump Unveiled: He ‘Spent Hours’ With Accuser, Court Documents Show

November 12, 2025
Djokovic Questions the Justice of Sinner’s Doping Ban, Considers the Arrangement “Very Strange”

Djokovic Questions the Justice of Sinner’s Doping Ban, Considers the Arrangement “Very Strange”

November 12, 2025
Laporta Rules Out Messi Returning to Play for Barcelona But Plans to Pay Tribute at Rebuilt Camp Nou

Laporta Rules Out Messi Returning to Play for Barcelona But Plans to Pay Tribute at Rebuilt Camp Nou

November 12, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Tacha Makes History With Dual Guinness World Records In Makeup Artistry
  • You Won’t Believe Trump’s New Plan: 50-Year Home Loans & $2,000 Checks for Voters — Here’s the Shocking Catch
  • Epstein’s Bombshell Allegation Against Trump Unveiled: He ‘Spent Hours’ With Accuser, Court Documents Show

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com