NewStats: 3,261,471 , 8,174,108 topics. Date: Thursday, 29 May 2025 at 11:24 AM 4r4gh

6z3e3g

Vessels Linked To Dangote’s Brother To Deliver Imported Fuel From Malta - Politics - Nairaland 39114i

Vessels Linked To Dangote’s Brother To Deliver Imported Fuel From Malta (17336 Views)

(4)

(1) Go Down)

aminulive: 8:43pm On Sep 01, 2024
POLITICSNIGERIA.COM

Two Lagos-bound vessels linked to family and friends of Dangote Refinery CEO Aliko Dangote are on course to deliver cargoes of imported motor spirit (PMS), also known as petrol, from Malta, POLITICS NIGERIA can authoritatively report after reviewing a cache of documents including maritime tracking details.

This development comes weeks after Dangote’s shocking now-debunked allegations blaming others about the importation of low-quality fuel from the European country. The billionaire, who had earlier accused Nigerian National Petroleum Company Limited (NNPCL) of sabotaging his refinery, said that some NNPCL officials were importing substandard petrol products into the country from a blending facility in Malta. This claim was later proven to be false.

Although NNPCL officially refuted and debunked Dangote’s claims saying that neither NNPCL nor its officials owned a blending, publicly available data however showed that Nigeria's petroleum imports from Malta went as high as $2.8 billion last year. One of the local energy companies, Matrix Energy, was allegedly claimed as one of the firms importing substandard petroleum products from Malta by Businessday Nigeria - a claim the company has rebuffed with evidence and instituted a N10billion defamation suit against Businessday and another newspaper for alleging its products were substandard and didn't meet regulatory threshold. As at the time of filing this report, the case is currently in court.

North and South

However, fresh evidence has also shown that Dangote’s family and circle of friends in the petroleum sector might be among the top importers of PMS from Malta. Credible maritime data corroborated by industry experts showed that at least two other cargoes connected to his family member and an associate are expected to arrive on the shores of Nigeria on September 7.

One of the vessels ferrying the cargo, Meronas, belongs to MRS Oil & Gas Company, a subsidiary of MRS Holdings Limited owned by Dangote’s half-brother Sayyu Dantata.

The vessel, currently sailing under the flag of Greece, departed Malta on August 22 and is scheduled to arrive Lagos on September 7, according to AIS data provided on vessel tracking website, Vessel Finder.

Another Oil tanker vessel from Malta, Clean Justice will be delivering a cargo of PMS to Eyrie Energy, an Abuja-based company founded by a board director at MRS, Amina Maina.

Maina, according to MRS Group’s website, oversees all trading, supply, and operations of the group's activities spanning over six countries, including Nigeria. Apart from her role at MRS, is also a close associate of Mr Dangote. In fact, both Maina and Dangote were part of the Economic Coordination Council (PECC) set up by President Bola Tinubu at the start of his istration.

Both MRS and Eyrie Energy are part of a network of local and international energy companies supplying PMS to NNPC while it has been widely revealed that officials of MRS are currently representing and leading negotiations with the Ministry of Finance on behalf of Dangote Refinery in the Federal Government’s Crude for Naira programme.

According to a March 4th letter, the General Manager of Risk Management, MRS, wrote to the NNPCL managing director, submitting shipping documents for a petroleum product delivery from Malta OPL.

The letter also referenced attached original documents including a letter from supplier; bill of loading; certificate of quantity; certificate of quality before loading; certificate of quality after loading; master receipt; notice of readiness load port; vessel survey report before and after loading; ullage report before and after loading; bunker survey report (fuel oil & diesel oil); cargo pumping log; time log and VEF.

While it is not immediately clear if Dangote is aware of his half-brother company’s involvement in Malta importation, an industry source told POLITICS NIGERIA that it is ‘hypocritical’ for the billionaire to “shield his own” while pretending to expose others.

“Dangote knows that refiners margin is currently low and he won’t be able to sell and compete with other suppliers to NNPCL, he needs to control who sells to NNPC and also control the price they sell to NNPC.

Another Industry Expert, Dr. James Oyekunle, speaking on the development, wondered if there was more to this entire issue as he observed that there could be a political undertone.

"It is difficult to ignore as most of the companies targeted have mostly been owned or operated by southerners or d with international companies whilst key marketers from the north seem to be missing from these negative attacks."

How Malta became Nigeria’s favourite import destination

Little have been reported about Nigeria’s import from Malta until Dangote’s revelation. This perhaps could be as a result of the measly amounts recorded in past years. For instance the value of imports from Malta stood at $13.32 million in 2016, which is significantly low when compared with $2.8 billion recorded in 2023. This however changed after a 2020 Cash for Crude deal which international oil trading company, Vitol, and indigenous marketer, Matrix Enegry, provided Nigeria with a badly needed cash advance in return for Nigerian crude to be refined and blended elsewhere and imported into Nigeria as PMS. Malta was one of their chosen blending destination amongst others.

In 2023, two foreign oil companies, LITASCO and Pontus SA wrote to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), seeking approval of Malta as one of the load port locations that imports can originate from.

Sources familiar with the moves told POLITICS NIGERIA that as part of its newly defined regulatory responsibilities under Nigeria’s recently signed Petroleum Industry Act, the NMDPRA sent its staff to visit and inspect the blending plants and an approval was issued by the regulator afterwards.

“PMS used in Nigeria can’t be produced straight from refineries but rather blended to meet Nigeria grade, even at the refineries, they blend in their tanks to meet these specifications which are standard globally. Even all fuel coming from Amsterdam, Antwerp, Rotterdam, fujairah are all blended to achieve the required grade and specifications of PMS,” said an industry source.

"Given the recent revelations, accusations both true and false, and counter-accusations, it is important for all parties to approach the ongoing fuel importation and refinery discussions with openness and responsibility."

"Dangote's concerns about the integrity of fuel imports from Malta though now debunked, coupled with the involvement of his close associates and family in similar operations, casts an uncanny light on the cutthroat operations of the oil industry."

"As more information comes to light, it is important for industry regulators and authorities to ensure that ability is upheld without bias and consumers are protected, regardless of one's standing or connections.", he said.
https://politicsnigeria.com/revealed-vessels-linked-to-dangotes-brother-to-deliver-imported-fuel-from-malta-amid-billionaires-row-with-nnpc/

3 Likes

immortalcrown(m): 8:46pm On Sep 01, 2024
It is not a strange thing in Nigeria. Nigeria has always been a family affair to the elites.

Paraman:
But yigbodient said Tinubu is the one importing the petrol from Malta? undecided
The most detailed version of the claim came from an Hausa man called Dan Belo. Check the video on TikTok. Stop shifting the goal post. Did any Igbo person tell you that only Tinubu imports oil from Malta? If yes, who is that Igbo person? Aren't people from other tribes making the same claim about Tinubu? Remain a tribal bigot until you answer my questions.

41 Likes 1 Share

Paraman: 9:10pm On Sep 01, 2024
But yigbodient said Tinubu is the one importing the petrol from Malta? undecided

51 Likes 7 Shares

trutharena: 9:32pm On Sep 01, 2024
All parties should be held able. No sacred cows.

47 Likes

iamphilips(m): 10:17pm On Sep 01, 2024
Anything for the money

Hithium 1Kwh Portable Power Station with Inbuilt 200w inverter and Charge controller.

•Features high-quality Lithium Phosphate battery cells for superior performance and longevity

-Engineered for optimal safety, with minimal risk of thermal runaway

Off-grid
• Provide a 220V/200W AC output, ideal for off-grid or emergency power needs.

• Can be effortlessly charged by a solar , offering a sustainable eco-friendly solution.

• Perfect Power station for Starlink (15hrs backup)
• Perfect for Students & Freelancers who need extra Backup power.

400,000 Each
(Available in Bulk for Dealers)
Melagros(m): 10:17pm On Sep 01, 2024
COMRADES are speechless

He was hired as a transporter and not the owner of the fuel/cargo, do you expect him to reject transporting the petrol because his bro owns a refinery?

12 Likes 1 Share

Lordbinsmar: 10:18pm On Sep 01, 2024
grin
bigdammyj: 10:20pm On Sep 01, 2024
Noted.
Brendaniel: 10:21pm On Sep 01, 2024
It is well ...
BOSSKL: 10:24pm On Sep 01, 2024
SPONSORED

DATA ANALYSIS AND ARTIFICIAL INTELLIGENCE COURSE

In a data-driven world, mastering Data Analysis and Artificial Intelligence is crucial for success. These skills are among the highest-paid in remote jobs and are in high demand.
A data analyst interprets and analyzes complex datasets to provide insights, decision-making, and solve business problems. With AI, it has become easier.
Who really need this?
Aspiring data analyst, Marketing professionals, Entrepreneurs, job seekers and anyone who's ready to dive into digital strategies.
The video course is all in one from the basics for even beginners to understand, and become pros.
What you'll learn.:
Data Analysis Mastery.
Artificial intelligence.
Digital Strategy Essentials.

*COURSE OUTLINE*

> Introduction to Data Analysis and Digital Strategies ✅
⁃ Introduction to mastery of Data Analysis

⁃ Role of Data Analysis in Digital Strategies,
⁃ Data Sources and Collection Methods,
⁃ Data Cleaning and Preparation

*> Customer Insights and Spreadsheet Fundamentals* ✅
⁃ Unveiling Customer Insights,
⁃ Spreadsheets for Data Analysis,
⁃ Summarizing and Visualizing Data,
⁃ Data Storytelling

*> Customer Persona

*> Harnessing the Power of Artificial Intelligence* ✅
⁃ Introduction to Artificial Intelligence in Data Analysis,
⁃ AI-Powered Data Analysis Tools,
⁃ AI for Customer Persona Development,
⁃ AI for Marketing Automation,
⁃ Ethical Considerations in AI-Powered Data Analysis.
Feel free to call or DM the number provided on this flyer for further details.

NwaNimo1(m): 10:26pm On Sep 01, 2024
Onyinyeperpetua: 10:26pm On Sep 01, 2024
RichBoy247:


Do you mind idiots and nincompoops?

Do you mind cursed children of hatred and bitterness?
yellow eba are cursed children
Nincompoops and idiots
Little Wonder why the country is heading to it's doom at the helms of a yoruba braindead bozo

23 Likes 1 Share

UHLmoving: 10:27pm On Sep 01, 2024
Everybody fighting for their pocket

2 Likes 1 Share

Wickedfact: 10:27pm On Sep 01, 2024
Paraman:
But yigbodient said Tinubu is the one importing the petrol from Malta? undecided

They will reply you on Tuesday. They are currently hiding under the bed as they do every Monday.

49 Likes 5 Shares

Wickedfact: 10:30pm On Sep 01, 2024
Melagros:
COMRADES are speechless

He was hired as a transporter and not the owner of the fuel/cargo, do you expect him to reject transporting the petrol because his bro owns a refinery?

So, Dantata is now a driver. Just look at the argument of a creature that was carried for 9 months. No wonder you're ing that pallbearer who used a decade to study philosophy

You Obidients will defend the devil, provided it is ing your line of argument.

46 Likes 2 Shares

TrendingNewz: 10:30pm On Sep 01, 2024
Mod go event things Dey sub for Owerri e Dey trend Man naming his child Biafra. I been wan post and I saw it’s already on your platform and yet not on front page. Maka y na

1 Like

virginchaser(m): 10:33pm On Sep 01, 2024
Dangote name appeared in the report about 12 times and Sayyu Dantata name whom report is based on appeared only once.

16 Likes 1 Share

gbengene1234(m): 10:33pm On Sep 01, 2024
Cooked up story.
I guess they already got the hint of when Dangote will officially announce his refined petrol.

8 Likes 1 Share

Melagros(m): 10:33pm On Sep 01, 2024
Wickedfact:


So, Dantata is now a driver. Just look at the argument of a creature that was carried for 9 months. No wonder you're ing that pallbearer who used a decade to study philosophy

You Obidients will defend the devil, provided it is ing your line of argument.
Mumu, since you don't know the meaning of TRANSPORTER, I have nothing else to say

7 Likes

MrSly(m): 10:34pm On Sep 01, 2024
Paraman:
But yigbodient said Tinubu is the one importing the petrol from Malta? undecided
Because dangotes brothers ship brought it to Nigeria he also owns the refinery that refined it in Malta. You people are clowns, APC and all its ers.

10 Likes

Wickedfact: 10:37pm On Sep 01, 2024
Melagros:

Mumu, since you don't know the meaning of TRANSPORTER, I have nothing else to say

You are arguing shamelessly without an iota of sense. No wonder other Obidients steer clear of your foolish comments.

33 Likes

Wickedfact: 10:37pm On Sep 01, 2024
MrSly:

Because dangotes brothers ship brought it to Nigeria he also owns the refinery the refined it in Malta. You people are clowns, APC and all its ers.

I can't blame you. You reason like the blockhead who used 10 years to study a 3 year course.

19 Likes 1 Share

Hemanwel(m): 10:38pm On Sep 01, 2024
Re
ogolemati: 10:39pm On Sep 01, 2024
grin grin grin grin grin grin grin the country seems more confused. grin grin grin grin grin what a country.well Nigeria will get better soon,may the Lord send them a president with a heart of fresh and not stone

1 Like

Anither563: 10:40pm On Sep 01, 2024
Thank you for sharing this information.
MrSly(m): 10:40pm On Sep 01, 2024
Wickedfact:


So, Dantata is now a driver. Just look at the argument of a creature that was carried for 9 months. No wonder you're ing that pallbearer who used a decade to study philosophy

You Obidients will defend the devil, provided it is ing your line of argument.
GUO is always behind the wheels of his fleet driving engers driving them to their destinations daily because he owns the company. I am sure that the dumbest person ever existed will be a Yoruba. You reek of lack of reason.

3 Likes

Skydivine: 10:41pm On Sep 01, 2024
They are just playing ping pong with you guys head.

1 Like

GEJDHERO: 10:43pm On Sep 01, 2024
FAKE NEWS
MrSly(m): 10:43pm On Sep 01, 2024
Wickedfact:


I can't blame you. You reason like the blockhead who used 10 years to study a 3 year course.

See this never do well in his usual chagrin. grin

2 Likes

(1) Reply)

Beyond The Protests: Towards A New Future For Nigerian Youths - Charles Soludo

(Go Up)

Sections: How To . 60
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.