By Luminous Jannamike

The Arewa Youth Assembly, AYA, has urged billionaire businessman, Aliko Dangote to respect and obey Nigerian National Petroleum Company Limited, NNPCL as the country’s regulatory body.

The group reminded Dangote that before the establishment of his refinery, the NNPCL, NUPRC and NMDPRA had been existing as regulatory bodies.

Recall that the President of the Dangote Group, Aliko Dangote, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, alongside the NNPCL, have been embroiled in a dispute ranging from monopoly allegations to insufficient crude oil supply for the refinery and ownership of blending plants in Malta.

Dangote has stated that for the $20 billion refinery to meet its production demands, it must seek other sources of crude oil supply overseas, as the NNPCL allocation is insufficient.

Consequently, the Speaker of the House of Representatives, Tajudeen Abbas, led a delegation of lawmakers on a familiarization visit to the facility in Lagos.

Additionally, both chambers of the National Assembly last week summoned the Central Bank of Nigeria (CBN), the Nigeria Port Authority (NPA), the NNPCL, the Dangote Group, and the Minister of State for Petroleum, Heineken Lokpobiri, among others, for questioning over alleged economic sabotage in the country’s petroleum industry.

However, reacting in a press conference addressed by its Speaker, Mohammed Salihu Danlami in Abuja on Sunday, Arewa youth said the billionaire businessman should know these are sectors dealing with regulations and should try to stand by the rules and nothing more.

“Even the Dangote Group, he heads has its own rules and regulations and all stakeholders must adhere to them.

“Dangote from our findings wants to detect the Prices crude should be sold to him which is against the principle of world best practice. He wants the Bonny Light crude to be given to him at a rate he wants and wants the NUPRC to comply with his agenda to force the IOCs to be giving him all the Bonny Light crude oil forgetting it’s a willing buyer-willing-seller relationship.

“More of our findings show he wants NMDPRA not to license anyone else to bring in product. They said no! He is trying to incite Nigerians against NMDPRA, that they are giving license to marketers who bring in substandard products into the country.

“We are calling on the National Assembly to make public the Laboratory results from his own refinery to the public.

“The Oil/Energy industry has rules and regulations. He should come down from his horse so all parties can work for the interest of our nation.

“In specific terms, We stand to make it clear to the public that the Nigerian Government is only after Excellence”.