Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss - Business (2)

Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss (18924 Views)

1 2 3 4 Reply (Go Down)

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by OmoGomesIlorin: 10:43am On Dec 15, 2025

Yea... let's get dirty in public. May the strongest beast win, Either Dangote Rhyno or his pigs opponents.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Sonofgod1990(m): 10:44am On Dec 15, 2025

Sucolee:
And am here struggling 4 200 naira take bike go meet person wey dey owe me 2500 naira...God when,when you go end this world?

Say you dey look for money make you go take stake 2 sure odd

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by AllBlack: 10:44am On Dec 15, 2025

Sunkyboie:
Good expose by the richest African man

Dangote don turn whistle blower

1 Like

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by keemsleek(m): 10:48am On Dec 15, 2025

Itzlinda:
These guys at nnpc and other petroleum sector are rich rich bro.

Bala Wunti, former GM in NNPC is balling more than the governor himself.

Na why I de come de fear Those oil guys at NNPC. Dem de still money we can imagine

Nobody working in the oil sector that's not balling. How will I explain it? I work I the downstream sector. I know how this works; everyone is fighting for themselves first. Yes, there's corruption, and they need to reduce it, but why didn't Dangote expose them until it touched him? It's just like before u destroy me I will destroy you. Game of chess. You see all those guys bringing in product (the cabals); they've been together for a long time, it's like a cult. They will fight with everything they've got. Those guys finished Nigeria with a subsidy. You bring in 3kmt, and DPR will register 5 or 6kmt. The Navy, NPA, NUPENG, DPR, the company, and others will now share the rest. That's billions of naira stolen.

1 Like

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Shimbo96(m): 10:51am On Dec 15, 2025

FOLYKAZE:
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

at least the people should feel the impact of the Christmas bonus

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Lekby25: 10:52am On Dec 15, 2025

Itzlinda:
These guys at nnpc and other petroleum sector are rich rich bro.

Bala Wunti, former GM in NNPC is balling more than the governor himself.

Na why I de come de fear Those oil guys at NNPC. Dem de still money we can imagine

Honestly, NNPCL should be declared a corporation of a particular concern

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by kolente: 10:57am On Dec 15, 2025*

Dangote had a formal meeting with President Bola Ahmed Tinubu last week and after that reduced the price of only PMS from his gantry to N699.

The details of his meeting with PBAT were not disclosed, however it's suspected that it influenced his price reduction decision.

FOLYKAZE:
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

No African country can compete with the Russian Black Market as a result of it's high sulphur content and high emission gases. Also, it's not regulated under an international benchmark pricing like $65 per barrel.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by casualobserver: 10:58am On Dec 15, 2025

This is what happens when you pay tax. You start to find your voice.

The more you pay the more you get annoyed at civil servants stealing g your money.

Dangote pays N400b every year in company taxes, not o it are they stealing the tax , they are trying to frustrate the company paying the tax

When tax bill comes into effect, everybody (particularly the silent middle/ upper moddle class) will start to find their voice.

1 Like

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by ajalawole(m): 11:04am On Dec 15, 2025

God1000:
This is roughly 7.5 billion naira, Nigeria is finished, EFCC should do the needful abeg

I believe dangote. I know of state chairman of nupang or whatever is there name that have upto 5 filling station in Ilorin here.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by bixton(m): 11:05am On Dec 15, 2025

FOLYKAZE:
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

There are not many of you in Nigeria who think for themselves logically without sentiments and emotions.
Yoi have done well and seen it
Many thanks.

1 Like

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Allogic: 11:07am On Dec 15, 2025

MartinCorridon:
I like how Tinubu is quietly dealing with some Northern Oligarchs

If you don't want FG to sleep.. then you wouldn't sleep too

Yes a Dangote monopoly is dangerous but the free for all looting of before is far worse.

This NMPDRA boss will curse Dangote but he is definitely losing his job very soon. So there are no southern oligarchs!!? Are southern oligarchs less exploitative of the common man? That is how people continue to empower their exploiters.

Mouth of Dangote, hand of FG. More public whistleblowing to come.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by aywagze(m): 11:08am On Dec 15, 2025

The self-serving cabals on the beat again! ..if they are not using the terrorists unions to fight their proxy wars, they are using one gut wrenching corrupt and incompetent public officer to play the dirty game! What a shame !! ..🤔

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Babangidapikin: 11:08am On Dec 15, 2025

In as much as the figure is outrageous ,Alhaji shouldn't go personal . Everyone have their priorities ..just the same way a private jet can open a commercial airline using wet leasing .

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by ajalawole(m): 11:09am On Dec 15, 2025

casualobserver:
This is what happens when you pay tax. You start to find your voice.

The more you pay the more you get annoyed at civil servants stealing g your money.

Dangote pays N400b every year in company taxes, not o it are they stealing the tax , they are trying to frustrate the company paying the tax

When tax bill comes into effect, everybody (particularly the silent middle/ upper moddle class) will start to find their voice.

out of that 400b, what they will remit won't be about 200b. If you know the amount of corruption in this country ehn.. A friend whose dad work with accountant general office then was given a bribe of 2million that was 1998, baba reject am, now baba has retire and looking for money to do Thanksgiving and outting of his late mum who dead in 1993

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by BondRiv: 11:10am On Dec 15, 2025

We are still talking about those funding terrorism, why do we keep making "Farouks" in charge of different aspects of our oil sector? Same thing with defence. Look at the result.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by BENEAMATA: 11:12am On Dec 15, 2025

FOLYKAZE:
Dangote

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

very valid observations you have made here , but the other side of it is that of the other criminals who have been milking the country dry for decades in connivance with our government officials that is the subsidy scam . So now , let the two sides just shun the media noise and deliver petrol at cheapest rate for Nigerians . So be it if we can get the product at 270 naira/litre. Let them force each other's hand . Didn't these evil marketer claim almost 950 naira petrol landing cost subsequently after the announcement of subsidy removal ? The Nigerian masses are trapped under the lions' massive paw of these greeddy capitalists and we keep gasping for air of relief

1 Like

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by c900: 11:12am On Dec 15, 2025

Dangote shouldnt be involve in this
Allow spokesman for the company to say it.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by ajalawole(m): 11:15am On Dec 15, 2025

FOLYKAZE:
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

you said it all. Can't wait for BUA refinery to start working so the fight will be more interested. Dangote is doing this because he knows he was the only one producing fuel for now.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Pat081: 11:15am On Dec 15, 2025

God1000:
This is roughly 7.5 billion naira, Nigeria is finished, EFCC should do the needful abeg

Hmmmmmmm EFCC you say ??what have they done to yeye Bello of kogi state huh

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Acidosis(m): 11:17am On Dec 15, 2025

Only a 🤡🤡🤡 would pay direct taxes to these criminals 😂😂

Y'all better find a way to boycott that nonsense come 2026. Paying taxes to political bandits and kleptomaniancs doesn't make you a smart citizen. It only makes you an edliot. They steal because we enable them. To continue to donate your taxes to these animals who are never accountable to you, in fact makes you an enabler of corruption.

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Hightablevoice2: 11:18am On Dec 15, 2025

FOLYKAZE:
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

Subjectively, Dangote has always been monopolistic in business practices. But that's seems not the case here. The question is why are the so called competitors panicking.. they had the autonomy to have slashed prices way long before Dangote came into that sector, but they refused to do so because they are also profiting from all the shenanigans attached with the fluctuating oil crises, market prices and the power it bestows on them to move the market as they wish to. If Dangote wants to corner the the market in favour of the populace and stiffen out those preeks, God will give him strength to do so. Call it monopoly or populace manipulation, those organizations are headed by crooks whose main interest is only their benefits and profit margins and not the consequence of whatever their policies have on the general masses. Unnecessary hikes here and there.. so kudos to him taking them head on. He won't cripple them but he most definitely has the might to drag them for as much as he able to for now.

Now, business wise, Dangote making this move is because EU have refused to buy from him because they claim his product does not meet their standard yet, and when you have a load of product that your biggest or projected customers says no to, you want to sell it off, clear the storages and if by God you are able to cripple the European market that rejected your product while at it, all the better. He should continue slashing the price, Russia should go sell else where.. if those importers still want to go down that route, I hope he will be able stiffen them out of the African market for good. Enough of their greed and plundering and the so called locals helping them achieving it.

But disclosing his family affairs is a bit too low for someone like Dangote.. and by the way $5m, for 4 kids in 6 years doesn't seem that steep for what those men can afford legally if you do the math properly.. that boils down to about $800k a year.. any top oil exec sees more than that quarterly.. unless, if it's $5m for all 4 per year, which I don't think makes any sense as that will equate to app $30m..

But all in all, him dealing with them is a relief package for the general populace.. if fuel price reduce, production can increase a little bit and price of commodities will slash a little bit even if not too much but at least the headache of doing calculation for oil prices will reduce first.. the excess funds can be used for other things, hire extra new staffs, maybe starting a new building to expand your company capacity or mayb some new equipments, or any other ways that can facilitate growth rather than buying exorbitantly from those preeks upstate.. my take

3 Likes

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Faposky95: 11:23am On Dec 15, 2025

FOLYKAZE:
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

Why not take it to #501...?

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Itzlinda(f): 11:25am On Dec 15, 2025

keemsleek:
Nobody working in the oil sector that's not balling. How will I explain it? I work I the downstream sector. I know how this works; everyone is fighting for themselves first. Yes, there's corruption, and they need to reduce it, but why didn't Dangote expose them until it touched him? It's just like before u destroy me I will destroy you. Game of chess. You see all those guys bringing in product (the cabals); they've been together for a long time, it's like a cult. They will fight with everything they've got. Those guys finished Nigeria with a subsidy. You bring in 3kmt, and DPR will register 5 or 6kmt. The Navy, NPA, NUPENG, DPR, the company, and others will now share the rest. That's billions of naira stolen.

So dangote should fight every corrupt sector in Nigeria?

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Itzlinda(f): 11:26am On Dec 15, 2025

keemsleek:
Nobody working in the oil sector that's not balling. How will I explain it? I work I the downstream sector. I know how this works; everyone is fighting for themselves first. Yes, there's corruption, and they need to reduce it, but why didn't Dangote expose them until it touched him? It's just like before u destroy me I will destroy you. Game of chess. You see all those guys bringing in product (the cabals); they've been together for a long time, it's like a cult. They will fight with everything they've got. Those guys finished Nigeria with a subsidy. You bring in 3kmt, and DPR will register 5 or 6kmt. The Navy, NPA, NUPENG, DPR, the company, and others will now share the rest. That's billions of naira stolen.

So dangote should fight every corrupt sector in Nigeria?

How will he solve a case that he do not know is going on or taking place?

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by SpaceX: 11:38am On Dec 15, 2025

ajalawole:
you said it all. Can't wait for BUA refinery to start working so the fight will be more interested. Dangote is doing this because he knows he was the only one producing fuel for now.

Bua capacity is three times lesser than Dangote refinery. No competition here

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by gotnel: 11:45am On Dec 15, 2025

FOLYKAZE:
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.

Huuuuunnnhh.

I think the importers should actually go for building their own refineries here in Nigeria.
Thereby, making the most of the competition more competitive.
It is very important to build up our production skills and lines,and making our people more confident and capable in petroleum products industry, instead of going to the general market to buy finished product

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by wirinet(m): 11:45am On Dec 15, 2025

MartinCorridon:
I like how Tinubu is quietly dealing with some Northern Oligarchs

If you don't want FG to sleep.. then you wouldn't sleep too

Yes a Dangote monopoly is dangerous but the free for all looting of before is far worse.

This NMPDRA boss will curse Dangote but he is definitely losing his job very soon.

Mouth of Dangote, hand of FG. More public whistleblowing to come.

How is Tinubu dealing with Northern oligarchs or any oligarch for matter. Tinubu is only consolidating power gor 2017 elections. As Oshiomole once said, once you join APC, all your sins are wiped clean, and you become a new creature- a Saint.

NMPDRA boss lose his job? Why? Has Wike that was alleged to have bought properties worth over 5 million in florida lost his job?

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by wirinet(m): 11:50am On Dec 15, 2025

gotnel:
Huuuuunnnhh.

I think the importers should actually go for building their own refineries here in Nigeria.
Thereby, making the most of the competition more competitive.
It is very important to build up our production skills and lines,and making our people more confident and capable in petroleum products industry, instead of going to the general market to buy finished product

Terrible advice. All of them put together cannot compete with Dangote. Dangote has advantage of scale - economies of scale. Even international oil giants are finding it difficult to compete with Dangote

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by ufotunang: 11:53am On Dec 15, 2025

God1000:
This is roughly 7.5 billion naira, Nigeria is finished, EFCC should do the needful abeg

.. and EFCC will not want to arrest him

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by keemsleek(m): 11:54am On Dec 15, 2025

Itzlinda:
So dangote should fight every corrupt sector in Nigeria?

How will he solve a case that he do not know is going on or taking place?

You don't get what I am saying. If the gut had not crossed dangote he won't have spilt the corruption shit out. MRS is for the dabtatas, when they were collect subsidy why didn't the accuse the guy of corruption. What I am saying is everybody is fighting for his or herself first. Like u said big ups to dangote but there must be competition. If mot for importation madness the price war won't be happening in our favour.

1 2 3 4 Reply

Dangote Faces Price War As NNPC Backs Fuel Imports • Aliko Dangote Retires As Dangote Sugar Refinery Chairman, Arnold Ekpe Takes Over • Oil Plummets 30% As OPEC Deal Failure Sparks Price War Fears • 2 • 3 • 4

New Forex Policy: NSE Gains N354bn, Naira Stable • Photos Of Nigerians On Twitter Calling For #endcrazycharges In Nigeria. • A Nairalander Proffers Solution To Epileptic Power & Unemployment As Seen On TV