NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...

ECONOMIST SAYS PORT HARCOURT REFINERY TOTALLY OBSOLETE. (PHOTO).


 Economist says Port Harcourt refinery totally obsolete


Despite the huge sums of money said to have been spent on the Turn-Around Maintenance (TAM) of the moribund Port Harcourt refinery, a Nigerian Economist and Energy expert, Kelvin Emmanuel has pointedly posited that the facility and others in Kaduna, Eleme and Warri will not be operational anytime soon.

Emmanuel said this in an interview with Channels Television breakfast programme Morning Brief on Monday. 

He insists that the Port Harcourt refinery will not come back on stream, stating that the best it can offer Nigeria is to operate as a petrol blending plant


According to the Energy expert and co-founder of Dairy Hills, the huge sums of money spent in the so-called rehabilitation of the Port Harcourt refinery running into billions of dollars have gone down the drains as the refinery will not become operational again because it could not be fixed.

He insists that the claims by the federal government through its agencies that the Port Harcourt refinery has been technically repaired is false, arguing that the best the refinery will be used is for petrol blending plant. 

Emmanuel also painted a a gloomy picture of the cost of Premium Motor Spirits (PMS), saying that the pump price will not come down soon because Nigeria does not have pipeline infrastructure to evacuate crude oil and refined products across the country hence the retail prices are high because when the marketers add up all the charges from the landing cost of products to trucking and heap them on the end users.

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