Editorial
Dangote: Another Commendable Landmark
The Dangote Industries Limited made history last Wednesday in Abuja when its Chairman, Alhaji Aliko Dangote signed a $3.3 billion (N512 billion) loan agreement with representatives of a consortium of 12 banks led by GT Bank and Standard Chartered Bank for the establishment of a proposed Africa’s biggest private refinery complex.
The loan is said to be part of a $9 billion (N1.4 trillion) capital mix required by the Dangote Group to execute a 400,000 barrels-per-day refinery, petrochemical and fertiliser project at the Olokola Liquefied Natural Gas (OKLNG) Free Trade Zone, located between Ogun and Ondo States in Nigeria’s South West.
Even as crude is being discovered in more African countries, Nigeria remains the largest producer of the resource in the continent and must find very practical and profitable ways of utilising this resource that has continued to account for 70 percent of the budget and about 90 percent of Nigeria’s foreign earnings.
This enviable profile of the sector has hardly improved the living standard of the average Nigerian. Most worrisome is the inability of the state-owned Nigerian National Petroleum Corporation (NNPC) operated four refineries to as little as satisfy local market, with the 445,000 barrels of crude oil allocated to them daily.
Even the widely hailed promise of getting the original builders of these refineries to undertake a Turn-Around Maintenance (TAM) that would restore the ailing plants back to 90 per cent operational capacity has now become a mere ministerial refrain at every major oil and gas conference.
Equally disturbing is the report that the Federal Government spends about N1.3 trillion annually (an equivalent of 22 per cent of its budget) to subsidise the cost of importing refined petroleum products into the country, at a time when neighbouring Niger Republic is said to have built a world-class oil refinery near the Nigerian border ostensibly to take advantage of developments in Nigeria.
According to Dangote, the proposed mega refinery is designed to produce high grade petrol, diesel, aviation fuel, household kerosene and slurry – a raw material for producing carbon black. He hopes to reduce Nigeria’s importation of petroleum products by 50 per cent in 2016 when the plant will have commenced full operation.
The resolve of Dangote to undertake the building of a refinery, a venture which many investors had avoided, and for good reason, calls for commendation. To have come up with an integrated system to make the sector viable in spite of some seemingly impossible local conditions clearly shows why Dangote is considered to be the richest African.
We are grateful that Dangote is using his wealth, business experience and courage to open up the Nigerian economy in ways never thought possible. Until now, a lot of local investors were not able to utilise their licences to build and operate refineries because of the refusal of Nigerians to allow for the complete removal of subsidy on petroleum products.
Clearly, the same reason would have sufficed to deter Dangote but his ability to come up with the petrochemical and fertiliser plants to make up for the deficiency in the refinery component is very ingenious and worthy of emulation.
Dangote has made an unprecedented input in the economic development of Nigeria for which the award of the highest honour of this country stands justified. His landmark breakthroughs in the manufacturing of cement, sugar, flour, fruit juice and other household goods, in addition to the generation of employment for Nigerians, are unrivalled.
Dangote had, over the years, demonstrated the knack for identifying business opportunities at the very same places where many other Nigerian and foreign investors see only the inhibitions provided by lack of basic infrastructure, inadequate public power supply, security challenges, high cost of borrowing and the misapplication of subsidy.
As Dangote kick-starts the refinery project, The Tide hopes that the Nigerian government will give him all the support he would need to make it a success. Even so, we expect that as Dangote plans to curb fuel import by half in 2016, other operators in the sector should join forces and replicate the Dangote model in the Niger Delta area and help put an end to fuel importation and massive unemployment.
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Editorial
INEC’s Threat Alert Deserves Urgent Attention
The Independent National Electoral Commission’s (INEC) disclosure of an alleged plot to target its ad hoc personnel ahead of the 2027 general elections demand urgent national attention. The reported arrest of suspects, with intelligence support from the Department of State Services (DSS), is encouraging, but must not breed complacency. Any attack on electoral workers threatens not only human lives but also Nigerians’ constitutional right to choose their leaders through credible elections. The alleged conspiracy must be thoroughly investigated, its sponsors identified and all those found culpable prosecuted.
Particularly troubling is the reported targeting of National Youth Service Corps (NYSC) members, who play a vital role in Nigeria’s electoral process. Many serve far from home and undertake sensitive assignments at polling units and other electoral locations. As civilians, they should not be exposed to intimidation, abduction or violence without adequate protection. If election workers are vulnerable, the safety of other officials, observers and voters cannot be guaranteed.
Nigeria’s electoral history offers painful lessons. Human Rights Watch reported in Nigeria’s Post-Election Violence, published in May 2011, that more than 800 people died in the violence following the 2011 general elections. NYSC members serving as electoral officials were among the victims. This tragedy underscores the deadly consequences of political tension, incitement and disputed outcomes. Nigeria must act on the latest warning before another preventable disaster occurs.
INEC deserves recognition for uncovering the alleged plot, while the DSS and other security agencies merit commendation for their reported assistance. However, arrests are only the beginning. Investigators must establish the suspects’ identities, motives, networks and intended targets, ensuring that evidence is admissible in court. The process must remain impartial and free from political interference. Credible public updates are also necessary, provided they do not compromise investigations or operational security.
The authorities must adopt a comprehensive, intelligence-led security strategy for 2027. INEC’s proposed security conference should produce practical measures developed in collaboration with the Inter-Agency Consultative Committee on Election Security (ICCES), the police, the DSS and other relevant agencies. Threat assessments should guide personnel deployment, secure transportation, emergency communications, evacuation procedures and rapid response. Protection must extend beyond polling day to the distribution of sensitive materials, collation centres and the safe return of ad hoc personnel.
Those who provide intelligence must also be protected from retaliation. Confidential reporting channels and appropriate safeguards should be established for informants and others assisting investigations. Equally, security deployments must not intimidate voters or facilitate political repression. Personnel should act professionally, impartially and proportionately, within the law. Clear mechanisms for reporting misconduct and investigating abuses are essential to maintaining public confidence.
The threat also highlights broader concerns about trust in the electoral system. The European Union Election Observation Mission’s June 2023 final report identified shortcomings in transparency and operational implementation during Nigeria’s 2023 general elections, alongside concerns about the legal framework and electoral dispute resolution. Credible elections require more than security; they depend on transparent procedures, accountable officials and consistent enforcement of electoral laws. INEC must demonstrate measurable progress in addressing previously identified weaknesses.
Voter apathy presents another challenge. INEC’s published figures indicate that approximately 25 million people voted in the 2023 presidential election, out of about 93.5 million registered voters, a turnout of roughly 26.7 per cent. Although insecurity is not the sole cause of low participation, threats against electoral personnel can heighten public anxiety and discourage voters from exercising their franchise. INEC should strengthen civic education, improve polling accessibility and communicate procedures clearly. Political parties, civil society and the media must promote peaceful participation and reject electoral intimidation.
Misinformation and manipulated digital content pose additional risks. False reports, fabricated announcements and deepfake videos can inflame tensions, impersonate officials and mislead voters. INEC should establish a well-resourced, rapid-response communication system supported by verified digital channels and timely public statements. Collaboration with credible media organisations and fact-checkers would help counter falsehoods without suppressing legitimate criticism. Clear, consistent communication is indispensable, as administrative confusion and delayed explanations often allow rumours to spread.
Electoral integrity must also begin within INEC itself. The chairman’s warning against partisanship, negligence, extortion and ethical misconduct deserves serious attention. Security measures cannot compensate for officials who abuse their positions or disregard established procedures. INEC should strengthen staff training, ensure transparent recruitment and deployment, provide secure channels for reporting misconduct and enforce disciplinary rules consistently. Allegations of bribery and political interference must be investigated regardless of rank, while ad hoc personnel should receive adequate briefing, support and prompt payment.
The legal framework also requires clarity and consistent enforcement. INEC should explain the precise provisions and applicability of Section 26 of the Electoral Act 2026, including the obligations of electoral officials and security personnel, and publish authoritative guidance on neutrality and professional conduct. Complaints by opposition parties that they have been prevented from campaigning in certain states must likewise be investigated impartially. Any established violations should attract appropriate corrective action. Electoral fairness requires not only impartial polling officials but also lawful campaigning, access to competing viewpoints and freedom from intimidation.
The alleged plot against INEC’s ad hoc personnel is a warning against complacency ahead of the 2027 general election. Governments, security agencies, INEC, political parties and civil society must work together to prevent violence, punish misconduct and protect citizens’ participation. The commission should communicate its security priorities, maintain accessible threat-reporting channels and provide periodic updates on preparedness. Nigeria’s democracy cannot be safeguarded by assurances alone; it requires demonstrable preparation, impartial law enforcement and an unwavering commitment to free, fair and credible elections.
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