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COURT DECLINES EL-RUFAI'S BAIL APPLICATION ON MEDICAL GROUNDS
The High Court of Kaduna State has again dismissed an application for bail filed by the former Governor of Kaduna State, Nasir Ahmad El-Rufai, in the ongoing criminal proceedings instituted against him by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Justice Dairus Khobo gave the ruling on the defendant's third application for bail, this time on medical grounds.
The Court this time examined the medical report relied upon by Mallam El-Rufai in support of his application.
The report purportedly issued by the National Hospital, Abuja, claimed that the former Governor had been diagnosed with an advanced metastatic prostate cancer requiring a specialised treatment said to be unavailable anywhere in Nigeria.
In opposing the application, the ICPC presented documentary evidence from the Chief Medical Director of the National Hospital, Abuja, Professor Muhammad Raji Mahmud, disclaiming the document relied upon by the defendant.
According to the document from the National Hospital issued by the Chief Medical Director, a comprehensive search of the hospital's electronic medical records and patient indexes revealed no hospital number, patient file, billing record, consultation history, or any evidence that the defendant had ever been treated at the facility.
The hospital further confirmed that the report was issued without the knowledge or authorisation of its management.
Relying on this evidence, the Court held that the credibility and reliability of the medical report had been fundamentally undermined, and that a document formally disowned by the very institution on whose letterhead it was issued could not serve as the foundation for the exceptional relief sought by the applicant.
With the collapse of evidentiary foundation, the Court found no reliable and institutionally validated material facts to justify the exercise of judicial discretion in favour of bail on health grounds.
The court thereby refused the application and ordered that the Commission shall continue to provide the defendant with unrestricted access to his personal medical physicians and shall ensure that he is escorted to any specialised diagnostic or clinical facility of his choice within Nigeria as required, throughout the pendency of the trial.
Dangote Refinery Clarifies: Pricing Not Tied to Daily International Crude Oil Quotations
In its official statement, the refinery clarified that its pricing does not move in tandem with daily international crude oil quotations. Added that Crude oil is procured weeks and in some cases months before it is processed, under commercial contracts linked primarily to monthly average pricing mechanisms rather than prevailing spot market prices.
The statement reads: “Dangote Petroleum Refinery & Petrochemicals remains committed to ensuring that Nigerians benefit from favourable market developments through fair, responsible and sustainable pricing of petroleum products.
Since May 30, 2026, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) by N200 per litre, Automotive Gas Oil (AGO) by N300 per litre and Jet A1 aviation fuel by N520 per litre, despite continuing to process crude oil acquired during a period when international crude prices were significantly higher than current levels.
“These reductions demonstrate our commitment to passing on cost efficiencies to consumers while maintaining the operational and financial sustainability of domestic refining.
“It is important to clarify that refinery pricing does not move in tandem with daily international crude oil quotations. Crude oil is procured weeks, and in some cases months, before it is processed, under commercial contracts linked primarily to monthly average pricing mechanisms rather than prevailing spot market prices.
“Consequently, the petroleum products currently being supplied from our refinery are being produced from crude inventories acquired at substantially higher costs than today's market prices. The average landed cost of crude processed by the refinery was approximately US$124.80 per barrel in May and US$95.25 per barrel in June, compared with the current international benchmark of about US$71.01 per barrel.
“Furthermore, refinery feedstock is not purchased at the headline ICE Brent price commonly reported in the media. Our crude is acquired on a Dated Brent plus market premium, freight and logistics cost basis, resulting in actual landed costs that differ materially from benchmark quotations.
“Notwithstanding these elevated feedstock costs, Dangote Petroleum Refinery did not immediately transfer the full impact of rising crude prices to the Nigerian market. Instead, the refinery absorbed a substantial portion of the increase in order to support market stability, reduce inflationary pressures and shield consumers from the extreme volatility witnessed in global energy markets. For this reason, prices of petroleum products in Nigeria are still lower than prices in neighbouring countries even after adjusting for taxes.
“As lower cost crude cargoes progressively enter our production cycle, we have commenced a phased reduction in product prices.
“Today's N50 per litre reduction is the fourth price cut in one month, bringing cumulative reductions to above N200 per litre on PMS. This approach ensures that pricing decisions are anchored on actual production economics and inventory costs rather than short term fluctuations in international oil markets.
“Nigeria today benefits from the stabilising role of domestic refining capacity. The Dangote Petroleum Refinery currently supplies volumes sufficient to meet national demand, helping to strengthen energy security, eliminate dependence on imports, conserve foreign exchange and provide greater price stability for consumers and businesses.
“As procurement costs continue to decline and lower priced inventories replace higher cost crude stocks, Nigerians can expect further price moderation, provided international market conditions remain favourable.”
🚨🌳 Oliver Glasner to Nottingham Forest, here we go! Deal in place for former Palace manager to replace Pereira at #NFFC.
Glasner will bring key people from his staff and will be involved in transfer decisions.
On Monday, at the Federal Executive Council, our administration approved the most consequential reforms of the National Youth Service Corps Scheme since its establishment in 1973.
On the day I was sworn in as your President, I promised to create meaningful opportunities for our young people. I said women and youth would feature prominently in our administration, and this reform is partly the actualisation of that promise.