News
New NSITF MD takes over, pledges positive developments
The new Managing Director/ Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF) Barr. Oluwaseun Faleye and the Executive Director, Operations, Rt. Hon. Mojisolaoluwa Alli-Macaulay have assumed duties.
In a short handover ceremony at the headquarters of the Fund today, Barr. Faleye said his mission was to join other stakeholders to reengineer the organization and reposition it as the apex social security agency, vowing that “ I will leave the NSITF better than I met it today.”
“ My mission in this organization is to join the existing stakeholders to build a much more sustainable organization,” said Faleye, an accomplished legal practitioner, corporate finance expert and public intellectual.
“I am new and yet to know all the issues and find solutions to them but if we put our heads together, we shall be able to build a much more vibrant NSITF that can deliver its mandate to its key stakeholders including the Nigerian workers and employers as well as the staff of the fund.
“Please bear in mind that my intention is to leave this organization much better than I met it today. It is a worthwhile dream, given the impact we have in the generality of the world of work.”
Nwachukwu Godson, General Manager Corporate Affairs, in a statement sent to Nationwide Reports, quoted the new Managing Director of NSITF to have said further that his administration will carry out organizational restructuring to prim the NSITF for operational efficiency.
He added, “but of course, at the core of this is some level of organizational restructuring and I have no doubt about that. What that organizational restructuring will be, I don’t know. We need to engage deeply before one can say that. And the essence of that restructuring is to create some level of efficiency in our service delivery
“I understand that certain requests have been made regarding detailed needs assessment of each department and unit. I will soon begin to look at them, to understand where we are and what needs to be done. What we will be doing in the coming days is to dig deep and see how this can be achieved.”
He exhorted the staff members to remain dedicated to duty and give support to his administration, assuring that in the days ahead, seamless measures will be taken to enhance welfare and ease duties.
He further thanked the immediate past Managing Director, Maureen Allagoa for the services she rendered to the NSITF and for presenting a handover note.
Faleye said further , “I want to use this opportunity to thank the former Managing Director for being gracious enough to provide a handover note even though she was not able to present it physically. Irrespective of sentiments, she has given time and effort to lead the organization and that should be applauded and appreciated.”
Measuring the weight of responsibilities which the current assignment presents, Faleye enthused, “I know this responsibility is a challenge but it is a challenge I am competent enough to handle efficiently.”
Earlier in her address, the Executive Director Operations, Hon. Alli-Macauley quoting a legal maxim said “what is necessary is lawful,” noting that the occasion was “ necessary to meet one another, see each other’s faces, also encourage one another, raise each other’s hope and also relax anxiety.” Alli-Macauley, a lawyer and consummate former lawmaker, assured of a smooth working relationship between the new executive and other stakeholders of the fund.
In his contribution, the Executive Director, Finance and Investment, Adegoke Adediji, commended the choice of the new Managing Director , urging him to use his links in the political system to accelerate the reform of the agency. Adegoke later presented the handover note submitted by the former Managing Director to Faleye.
The Executive Director of Administration, Prof. Gabriel Okenwa, compared the new administration to light, declaring that the NSITF has received the much needed critical illumination to head in a better direction. He commended the sterling qualities of both the new Managing Director and the Executive Director, Operations, adding that President Tinubu could not have made a better choice.
The event was attended by all heads of departments in the Fund while the twelve regional heads of the organization across the country joined via zoom. Prof. Okenwa had earlier led the new Managing Director as well as the Hon. Alli-Macaulay round the departments at the headquarters.
….Writes NMDPRA, Engages Marketers to Stabilise Fuel Market
Photo caption: L R: Chief Executive Officer, Dangote Fertiliser Limited, Vishwajit Sinha; Chief Executive Officer and Managing Director, Dangote Petroleum Refinery, David Bird; President and Chief Executive, Dangote Industries Ltd, Aliko Dangote; Managing Director and Chief Executive Officer, South South Development Commission, Usoro Akpabio, during the visit of SSDC members to the Dangote Petroleum Refinery and Fertiliser Plant in Lagos on Sunday, November 30, 2025.
Dangote Petroleum Refinery has announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly to the Nigerian market in December 2025 and January 2026, a move aimed at ensuring uninterrupted nationwide fuel availability through the festive season and into the New Year.
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, disclosed the plans at the weekend, noting that the refinery will make available 50 million litres of PMS daily beginning December 1.
“In line with our commitment to national wellbeing, and consistent with our track record of ensuring a holiday season free of fuel scarcity, the Dangote Petroleum Refinery will supply 1.5 billion litres of PMS to the Nigerian market this month. This represents 50 million litres per day. We are formally notifying the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of this commitment. We will supply another 1.5 billion litres in January and increase to 1.7 billion litres in February, which translates to about 60 million litres per day,” Dangote said.
Photo caption: L R: President and Chief Executive, Dangote Industries Ltd, Aliko Dangote; Managing Director and Chief Executive Officer, South South Development Commission, Usoro Akpabio, during the visit of SSDC members to the Dangote Petroleum Refinery and Fertiliser Plant in Lagos on Sunday, November 30, 2025.
Speaking during a visit by the South-South Development Commission (SSDC) to the refinery and the Dangote Fertiliser complex, he stated that the facility currently has adequate stock and is producing between 40 and 45 million litres of PMS daily. He added that the daily supply of 50 million litres should dispel long-standing claims that domestic refineries lack the capacity to meet national demand.
Dangote also revealed ongoing engagement with petroleum marketers to strengthen distribution systems, including expanding the use of CNG-powered haulage.
“Our priority is to ensure Nigeria receives the products it needs. This is not driven by profit motives; it is about guaranteeing the availability of essential energy products. It is similar to the transformation we delivered in the cement sector,” he added.
He further noted that the refinery is progressing with its expansion plan to reach a capacity of 1.4 million barrels per day. More than 100,000 workers are expected to be involved in the expansion of both the refinery and the fertiliser complex. Dangote emphasised that the Group remains committed to its vision, driven by the strong public support for the company’s role in shaping Nigeria’s economic development.
During the visit, the Managing Director of SSDC, Usoro Offiong Akpabio, commended Dangote’s leadership and his continued contribution to strengthening Nigeria’s industrial capability, national energy security and long-term economic competitiveness.
She described the South-South region as Nigeria’s natural energy corridor, with vast crude oil reserves, gas infrastructure, maritime assets, agro-industrial activity and emerging industrial clusters. She noted that deeper collaboration between the region and the Dangote Group could unlock opportunities in product distribution, CNG infrastructure, petrochemicals, agriculture, and employment creation.
Akpabio added that such partnerships would advance the Federal Government’s energy stability agenda and position the South-South as a strategic growth hub for the Dangote Group.
“As the statutory development body for the South-South, SSDC is mandated to drive regional economic development, infrastructure integration, human capital advancement, and private-sector–led growth. In this regard, we stand prepared to support State-level policy and regulatory support for Ease-of-doing-business across our six states. Enabling environments for Dangote Group’s expansion into strategic sectors such as gas processing, agro-industrial value chains, renewable energy, logistics, and export-oriented manufacturing,” she said.
In a letter from the refinery’s Managing Director, David Bird, to the Authority Chief Executive of the NMDPRA, the company reaffirmed its readiness to host NMDPRA officials onsite at the refinery from December 1st to verify and publish its daily supply volumes. The refinery also sought the Authority’s support to ensure unhindered importation of crude, feedstocks and blending components, as well as smooth vessel loading for product evacuation.
“In the spirit of full transparency to the public we are willing to publish our daily production and stock volumes (online and print media),” Bird stated. “We seek the full support of NMDPRA to allow Dangote refinery to import our crude, feedstocks and blending components unhindered as well as support the lifting of our products by vessel. We continue to experience delays in vessel clearance which impacts not only the refinery operations but also our customers, adding unnecessary costs and inefficiencies”.
By Bonaventure Phillips Melah
Photo caption: L R: Chief Executive Officer, Dangote Fertiliser Limited, Vishwajit Sinha; Chief Executive Officer and Managing Director, Dangote Petroleum Refinery, David Bird; President and Chief Executive, Dangote Industries Ltd, Aliko Dangote; Managing Director and Chief Executive Officer, South South Development Commission, Usoro Akpabio, during the visit of SSDC members to the Dangote Petroleum Refinery and Fertiliser Plant in Lagos on Sunday, November 30, 2025.
Dangote Petroleum Refinery has announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly to the Nigerian market in December 2025 and January 2026, a move aimed at ensuring uninterrupted nationwide fuel availability through the festive season and into the New Year.
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, disclosed the plans at the weekend, noting that the refinery will make available 50 million litres of PMS daily beginning December 1.
“In line with our commitment to national wellbeing, and consistent with our track record of ensuring a holiday season free of fuel scarcity, the Dangote Petroleum Refinery will supply 1.5 billion litres of PMS to the Nigerian market this month. This represents 50 million litres per day. We are formally notifying the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of this commitment. We will supply another 1.5 billion litres in January and increase to 1.7 billion litres in February, which translates to about 60 million litres per day,” Dangote said.
Photo caption: LR: President and Chief Executive, Dangote Industries Ltd, Aliko Dangote; Managing Director and Chief Executive Officer, South South Development Commission, Usoro Akpabio, during the visit of SSDC members to the Dangote Petroleum Refinery and Fertiliser Plant in Lagos on Sunday, November 30, 2025.
Speaking during a visit by the South-South Development Commission (SSDC) to the refinery and the Dangote Fertiliser complex, he stated that the facility currently has adequate stock and is producing between 40 and 45 million litres of PMS daily. He added that the daily supply of 50 million litres should dispel long-standing claims that domestic refineries lack the capacity to meet national demand.
Dangote also revealed ongoing engagement with petroleum marketers to strengthen distribution systems, including expanding the use of CNG-powered haulage.
“Our priority is to ensure Nigeria receives the products it needs. This is not driven by profit motives; it is about guaranteeing the availability of essential energy products. It is similar to the transformation we delivered in the cement sector,” he added.
He further noted that the refinery is progressing with its expansion plan to reach a capacity of 1.4 million barrels per day. More than 100,000 workers are expected to be involved in the expansion of both the refinery and the fertiliser complex. Dangote emphasised that the Group remains committed to its vision, driven by the strong public support for the company’s role in shaping Nigeria’s economic development.
During the visit, the Managing Director of SSDC, Usoro Offiong Akpabio, commended Dangote’s leadership and his continued contribution to strengthening Nigeria’s industrial capability, national energy security and long-term economic competitiveness.
She described the South-South region as Nigeria’s natural energy corridor, with vast crude oil reserves, gas infrastructure, maritime assets, agro-industrial activity and emerging industrial clusters. She noted that deeper collaboration between the region and the Dangote Group could unlock opportunities in product distribution, CNG infrastructure, petrochemicals, agriculture, and employment creation.
Akpabio added that such partnerships would advance the Federal Government’s energy stability agenda and position the South-South as a strategic growth hub for the Dangote Group.
“As the statutory development body for the South-South, SSDC is mandated to drive regional economic development, infrastructure integration, human capital advancement, and private-sector–led growth. In this regard, we stand prepared to support State-level policy and regulatory support for Ease-of-doing-business across our six states. Enabling environments for Dangote Group’s expansion into strategic sectors such as gas processing, agro-industrial value chains, renewable energy, logistics, and export-oriented manufacturing,” she said.
In a letter from the refinery’s Managing Director, David Bird, to the Authority Chief Executive of the NMDPRA, the company reaffirmed its readiness to host NMDPRA officials onsite at the refinery from December 1st to verify and publish its daily supply volumes. The refinery also sought the Authority’s support to ensure unhindered importation of crude, feedstocks and blending components, as well as smooth vessel loading for product evacuation.
“In the spirit of full transparency to the public we are willing to publish our daily production and stock volumes (online and print media),” Bird stated. “We seek the full support of NMDPRA to allow Dangote refinery to import our crude, feedstocks and blending components unhindered as well as support the lifting of our products by vessel. We continue to experience delays in vessel clearance which impacts not only the refinery operations but also our customers, adding unnecessary costs and inefficiencies”.
Some women in Ezimo community, Udenu Local Government Area of Enugu State, on Saturday, staged a protest over the alleged kidnap of five residents and the shooting of another during an attack on the community.
The protesters, who marched through major parts of the community, said the incident had heightened fear and insecurity in the area.
One victim of the attack is currently receiving treatment in the hospital.
A social media influencer, ‘Sen.’ Chijinkem Ugwuanyi, made this known via Facebook on Saturday.
Ugwuanyi revealed that resident who confirmed the incident said recent cases of abductions and shootings had left the community unsafe, prompting the women to demand urgent government intervention.
In a video shared on Ugwuanyi’s Facebook page, the protesters called on the Enugu State Government and security agencies to step in and restore peace, warning that residents could no longer live under constant fear of attacks.
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