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    Afe Babalola condemns NNPC petrol sales monopoly

    Vincent OsuwoBy Vincent OsuwoSeptember 22, 2024No Comments3 Mins Read
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    Aare Afe Babalola, an elder statesman and Chancellor of Afe Babalola University, has criticised the Nigerian National Petroleum Corporation Limited’s monopoly on petrol sales from the Dangote refinery. 

    Babalola, who expressed discontent with petroleum price hikes, particularly the current one by NNPC, urged governments through their policies and actions “not to turn Nigerians into beggars.”

    There was no begging or theft in this country in those days.” The elder statesman spoke in Ado Ekiti, the capital of Ekiti State, on Saturday, immediately after receiving the ‘Outstanding Achiever of All Times Award’ from a diaspora group, the Ekiti Kete Coalition United States of America.

    The diaspora group, led by its president, Joe Olugbamila, also presented the Senate Leader, Senator Opeyemi Bamidele, with the ‘Outstanding Political Icon Award’ for his consistent engagement in politics.

    Babalola called on the businessman, Alhaji Aliko Dangote, to sell his petrol directly to Nigerians at his own rate, saying, “Free trade is the best thing for any society. If Dangote can go all out to spend his money to borrow money to put up a huge refinery, why is it that NNPCL is asking him to sell it for onwards sale to us?

    “Let all those who can afford to put up refineries do so and sell to people. The prices of fuel will come down. There should be no monopoly on NNPC dictating prices. Let Dangote sell his fuel at his own rate. You will be surprised others will bring the price down,” he said.

    The ABUAD chancellor, who stated that there is no reason why Nigerians should be subjected to torturous experiences, urged the government to do what is necessary to make life worthwhile for Nigerians.

    “There is no country that is as blessed as Nigeria. There is no reason why Nigeria must not succeed as a country. There is a need for a change of mindset. I decided to establish ABUAD as a place where we will change the mindsets of people and breed a new set of Nigerians,” he added.

    Babalola praised the diaspora organisation for the honour, stating, “I don’t see why it will require those in America to recognise me while people here don’t.

    “The lesson is that the more you appreciate what others do, the better for us, the better for the whole country. I thank them for coming all the way to teach people here the lesson in appreciation that Jesus Christ taught many centuries back with the account of the thankful leper among 10 lepers.”.

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    Aliko Dangote speaking about plans to generate 20,000 megawatts of electricity in Nigeria amid ongoing power shortages.

    Dangote unveils 20,000MW power ambition as Nigeria struggles with blackout

    May 7, 2026
    Terrorists

    Terrorists kill five family members, others in Plateau attack

    May 7, 2026
    EFCC declares Timipre Sylva wanted

    Timipre Sylva: Court orders takeover of ex-gov’s properties

    May 7, 2026
    El-Rufai apologizes to Shettima over 'spineless' remark

    El-Rufai granted access to medical treatment in custody

    May 7, 2026
    Ahmed Ododo speaking at Kogi State Security Summit in Abuja

    Kogi confirms rescue of victims kidnapped from orphanage

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