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FG GIVES UPDATE ON THE CRUDE AND REFINED PRODUCT SALES IN NAIRA INITIATIVE

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The Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative has today convened an update meeting held in Abuja with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, presiding. The meeting reviewed progress and addressed ongoing implementation matters.

The stakeholders reaffirmed the government’s commitment to the full implementation of this strategic initiative, as directed by the Federal Executive Council (FEC). It stated that the Crude and Refined Product Sales in Naira initiative is a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market.

The Committee acknowledges that implementation challenges may arise from time to time. However, such issues are being actively addressed through coordinated efforts among all relevant parties. The initiative remains in effect and will continue for as long as it aligns with the public interest and supports the national economy.

The meeting was attended by the Chairman of the Implementation Committee, the Honourable
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Chairman of the Technical Sub-Committee and Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji; the Chief Financial Officer of NNPC Limited, Mr. Dapo Segun; the Coordinator of NNPC Refineries; Management of NNPC Trading; representatives of Dangote Petroleum Refinery and Petrochemicals; and senior officials from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Central Bank of Nigeria (CBN), the Nigerian Ports Authority (NPA), representative of Afreximbank, as well as the Secretary of the Committee, Hauwa Ibrahim.

The meeting underscored the government’s commitment to the Crude and Refined Product Sales in Naira initiative, a strategic move expected to have a lasting impact on Nigeria’s economy, fostering growth, stability, and self-sufficiency. This bold step positions Nigeria for success in the years to come

 

Politics

Breaking: Diri Orders Autopsy on Bayelsa Deputy Governor’s Death, Warns Against Politicisation

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Bayelsa State Governor, Senator Douye Diri, has ordered an autopsy to determine the cause of death of the state’s Deputy Governor, Lawrence Ewhrudjakpo.

Governor Diri gave the directive on Saturday while receiving former President Goodluck Jonathan at the Government House in Yenagoa.

Ewhrudjakpo reportedly collapsed in his office on Thursday and was rushed to the Federal Medical Centre (FMC), Yenagoa, where he was pronounced dead on arrival.

Reacting to the incident, the governor condemned what he described as widespread misinformation and speculation on social media, warning against any attempt to politicise the deputy governor’s death.

“I want to make an appeal. I have seen people politicise his death. In Ijaw land, there is no enmity in death. Let nobody politicise the passing of our dearly beloved deputy governor,” Diri said.

“If anyone truly loves him, this is the time to show it. I have directed that an autopsy be carried out to reveal the cause of his death. There is a lot of nonsense going on on social media.”

The governor further urged the public to focus on mourning and honouring the late deputy governor, noting that the state government had declared three working days of mourning in his honour.

“If anyone is issuing statements to eulogise him, let it end there. Let us mourn him because Bayelsa State is in a mourning mood,” he added.

Governor Diri also called for unity and love among the people, reminding them of the inevitability of death.

Speaking during the condolence visit, former President Goodluck Jonathan described the late Ewhrudjakpo as a committed and dedicated individual who played a key role in the activities of his foundation.

“For me, he was someone my foundation and I will never forget. He represented the governor in all our programs,” Jonathan said, adding that Ewhrudjakpo worked tirelessly in that role, even more than when he served as deputy governor.

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N1.4 Trillion not enough to get me into politics – Bishop Oyedepo reveals

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The founder of Living Faith Church, Bishop David Oyedepo, has said he will never take part in partisan politics, not for even billions of naira.

He stated that no amount of money, including “$1 billion,” (1.4 Trillion naira) would make him join politics.

Oyedepo made this known during an impartation service at Shiloh 2025 held at the church’s headquarters in Canaanland, Ota, Ogun State.

 

He explained that partisan politics is not part of his life’s calling and that is why he has chosen to stay away from it.

In his words: “In 2015, I warned the church that trouble was coming. Didn’t trouble come?

“Partisan politics is off my calling. If you give me $1 billion to join politics, I won’t, because it is off my course.”

The bishop also said the world is in urgent need of God’s intervention because of the times we are living in.

He added, “The world is groaning in darkness, but as written in Romans 8:19, the whole world is waiting for the earnest manifestation of the sons of God.”

According to him, believers are being trained as an end-time army to bring solutions to national and global problems, similar to what biblical figures like Joseph and Daniel did.

 

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EVENTS

Wike at 58: “You’re a Shinning Star in my Cabinet, Tinubu hails Wike.

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President Bola Tinubu congratulates Chief Nyesom Wike, Minister of the Federal Capital Territory (FCT), on his birthday, December 13.

President Tinubu celebrates with the Minister and former governor of Rivers State, giving thanks to God Almighty for enriching him with a life defined by purpose, service, and courage.

The President describes Chief Wike as an audacious top performer who defies obstacles and delivers results.

President Tinubu acknowledges the ongoing transformation of the Federal Capital Territory through infrastructure expansion, highlighting the Minister’s recent intervention that broke the 14-year logjam in the construction of the Apo-Karshi road.

The President commends Chief Wike for his resilience, can-do attitude, and commitment to excellence in all assignments.

President Tinubu thanks the Minister for his consistent efforts in delivering results and wishes him a happy birthday and strength to further his good work in the FCT.

“Nyesom Wike has been one of the shining stars in the cabinet, an exceptional performer, developing infrastructure in the Federal capital as never seen before and proving that his moniker as ‘Mr Project’ is not limited to his home state of Rivers.

“I commend him for being one of the champions of our Renewed Hope Agenda, even though he belongs to another party and wish him well as he marks another year in his life journey”.

Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
December 13, 2025

 

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