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The Tank Farm/Satellite Town Saga:
……The True Story
The Festering story of the Satellite Town and Tank Farm are not getting abated, if the truth must be told. Banters and expansions on the raging matter were espoused by opposing parties on the issues, and the interesting conclusion is that both parties have now agreed on a Mutual and Consolidated Agreement to move on and make things Workable in the interest of Peace, Harmony and Progress.
Residents of a largely populated area in satellite town area of Lagos state, have cried out to the Lagos state Government to come out to their aid on the activities of Tank farm in their immediate vicinity.
The residents made up mainly of all the Estates, roads and close accessed through the old, worn-out, frail, rocky and gully road of the area linked to old Ojo Road, Wobbly Navy Road, and the uncharted shell-Abule Osun Road, with the broken steps and ridges and water collectors interior, are gathered here at the closest level of government.
They are bemoaning their state of desolation and now earnestly drawing the attention of the government to the very appalling and deplorable situation of their Community.
Their groves rise from the operation of a disparate group of over 50 Tank farms operated by 13 marketing Companies.
This ugly situation led to a massive protest by the residents who trooped out on Tuesday ,July 9, 2019 to condemn what they describe as unwarranted invasion of their community by the oil company. They therefore insisted that the operators should relocate their companies to another area as the current is becoming inhabitable due to environmental pollution ravaging the community.
According to the chairman, Satellite Town Forum, Mr. Michael Imitinl, all government agencies should plan well before approving location of facilities in areas to avoid ugly situation in future just like what is happening in the Niger Delta.
However, we also heared the side of Tank Farms via the secretary, Ijegun-Egba Tank Farms Owners/ Operators, Satellite Town, Lagos Barrister Eslist Eslist who explained, ‘What is essential is that, whatever we discussed at inception of the relationship is that both parties should adhere to the black and white of the deal.
We don’t have issue, their demand are roads, infrastructural deficit which civil construction are going on at Pioneer Road, the road will be fully rehabilitated. Before our company starts operation at Satellite Town, we have to pass through Marwa Road, every collapsed portion in that area has been rehabilitated by our Tank Farm is 3.8 km road beginning of Marwa Road down to the end is long term measure with expansion and the drainage. The issue of flooding whatever concerns the community also concerns us. We want to take water out of the Community down to the lagoon. Work is in progress and the engineer in charge is the Nigerian Army Construction Company . Eventually, whatever that is affecting the community in terms of drainage, water and flooding has been addressed. An expansion of the road is on going which will be completed soon. What we need from the community is cooperation in terms of relationship. As a corporate organization, enjoying good relationship with the community people is our priority.
We have had several meetings and the most important thing is whether the work we promised has commenced or not. Yes, it has commenced, and they are seeing it going on smoothly, and this is why we are appealing to the Community to be patient as the work goes on. We are on the job, and will not abandon the job half-way until it is finished beyond logical conclusion. Above this, our presence, whether you like it or not, has made this community a better one in the eyes of the external world, and we are even making moves to make satellite Town/ Ijegun Egba Community more attractive. It is only good for our Company, not the Hearken to the needs of the Community and we are ever ready to give them what they most desired as part of our Corporate Social Responsibility. We have a cordial relationship with the Community, and it is only a foolish businessman that will operate in a hostile environment, especially when people around him are unhappy. They believe that Tank farm will turn the place into an economic zone, and the Government will be easily attracted to the Community. That is why the LASG has been sending their Interventional team to establish a fire- fighting unity in the Community, just as Tank Farms has established its own fire combating outfit, which can also serve the Community, in case of any unexpected fire outbreak.
We are not here illegally we are here Legitimately, and all Companies are duly approved and licensed by Government, so whatever we are doing here is backed by law, and we can only add value to the surrounding Communities by giving them what they lack, by way of Amenities.
On whatever there were prior meetings between firms and the Community, it was ascertained that several meeting were held between both parties and those meetings ended
in mutual agreement of how the company and the Community can move forward in terms of community development and Corporate Social Responsibility on the part of Tank Farm.
Also, the coordinator, Ijegun- Egba Tank farms owners and Operators Association, Alhaji Ibrahim Muhammed corroborated the earlier speaker.
He said, we have met with the Community severally, and we have briefed them on the work that is going on which they readily saw and identified. Actually, we are supposed to have started earlier than this, but because of the rain, we had to start in May, and hopefully, when the rain subsides, we should be through with the work by the end of September, all things being equal why the work has not been progressing is because of the weather; if not so the work should have been completed since but that is not an excuse for us. We can only hope that the Community will bear with us, even as they can see that work is going on steadily and in no time, they will begin to enjoy the goodies of the job.
Another issue is that of misplacement of trust among the various parties involved. Many meetings were called and invitation sent to the community to address the main issue, only for the Community to renege and give them their own condition, which was to come and meet them at their own behest, with express permission and approval from their directors. They are however waiting for another meeting that can be mutually fixed and issues settled amicably. As for the Tank Farm, they have been job opportunities for the community, and this will not stop because as long as the inhabitants are gainfully employed, the Tank farms will also be greatly rewarded by what the people are giving back to them. So it is a gain-gain situation for the two parties. Tank farms and satellite town entities. Good enough, all the Tank farms have now come together as one body to come as a positive Form in aid of the Community, and this is a good signal for good things to come which include,
medical facility, education, social amenities that will further raise the standard of the satellite town Community. This will be coming as a collective responsibility of the Tank farmers and the host Community.
…says action could undermine public confidence in electoral process
…insists anti-graft agencies must remain independent but avoid actions suggesting political interference
President Bola Ahmed Tinubu on Thursday directed the Economic and Financial Crimes Commission (EFCC) to immediately take steps to vacate a court order freezing the bank accounts of the Osun State Government, saying the timing of the action, just days before the state’s governorship election, could create the impression of federal interference in the electoral process.
The President said although he respects the constitutional independence of the anti-graft agency and had no prior knowledge of its action, he was compelled to intervene in the overriding public interest to preserve public confidence in the credibility and fairness of Nigeria’s democratic process. NigerianBusiness Coverage
The EFCC had on Wednesday froze the accounts of the Osun State Government, placing a Post No Debit (PND), on its First Bank account, alleging fraudulent handling of N11 billion ecology funds, intervention funds and Federal Account Allocation Committee (FAAC).
However, in a personally signed statement issued from the State House, Abuja, President Tinubu disclosed that the EFCC had obtained the court order on August 5, 2026, freezing the accounts of the Osun State Government.
He said he was “deeply embarrassed” by the timing of the development, explaining that actions taken by federal institutions are often attributed to the President, regardless of whether he authorised them.
“It has come to my notice that the Economic and Financial Crimes Commission (EFCC) obtained a court order on August 5, 2026, freezing the accounts of the Osun State Government. I must state that I feel deeply embarrassed not by the EFCC’s exercise of its mandate backed by a court order, but by the timing of the agency’s action.
“This is so because every action taken by an institution of State, especially at the Federal level, is always credited to me, as the President, even when I may not have had any prior knowledge of the action”, the President said.
Tinubu reiterated his long-standing policy of allowing anti-corruption and law enforcement agencies to carry out their statutory responsibilities without political interference, stressing that he had deliberately refrained from directing the operational activities of the EFCC and other investigative bodies since assuming office.
He said, “since assuming office, I have consistently maintained that anti-corruption and law enforcement agencies must be allowed to discharge their statutory responsibilities independently, professionally, without fear or favour, or political interference.
“I have therefore deliberately refrained from directing or interfering in the operational activities of the EFCC or any other investigative or prosecutorial agency because I firmly believe that strong democratic institutions, operating within the confines of the law, are indispensable to democratic good governance and the rule of law”, he said.
The President maintained that institutions established by law should be allowed to exercise their powers independently and without requiring presidential approval for routine operational decisions.
However, he said the circumstances surrounding the EFCC’s action required presidential intervention because of the proximity of the Osun governorship election.
“As President, I am committed to allowing institutions of State to function and take any action they consider necessary in the interest of proper governance without the need for any prior approval. Indeed, that is why institutions are set up by law with clearly defined powers.
“While I am yet to be fully apprised of the facts which informed the action of EFCC in approaching the court to obtain the said order freezing the Osun State Government account, I am not in the slightest doubt that the timing of the action of EFCC is inauspicious, and therefore I feel compelled to intervene”, he said.
The President warned that no action by any federal agency should create the perception that the Federal Government was attempting to influence the outcome of the forthcoming governorship poll.
“Osun State is only a few days away from its gubernatorial election. Therefore, nothing ought to be done to give an impression that the EFCC or indeed any other agency of the federal government is being used to interfere with the election”, he stated.
Tinubu said preserving public confidence in the integrity of the electoral process was paramount, adding that he was duty-bound to act in the national interest.
“Based on the foregoing premise, I am duty-bound to issue a directive on this issue in consonance with the overriding public interest in preserving public confidence and the integrity, credibility, and fairness of our democratic process”, he said.
The President consequently directed the anti-graft agency to immediately reverse its legal action against the Osun State Government.
“Accordingly, I have directed the EFCC to immediately proceed to the court to vacate the order and discontinue whatever action it has instituted against the Osun State Government in this regard”, Tinubu declared.
A total of 308 kidnapped victims, including 176 residents of Woro community in Kwara State and 132 others abducted in Niger and Kebbi states, have been rescued in a coordinated multi-state security operation.
The successful operation, carried out by security agencies, marks a significant breakthrough in ongoing efforts to combat kidnapping and restore peace across the affected communities. Authorities said the rescued victims have been reunited with their families, while efforts are underway to apprehend the perpetrators and dismantle the criminal networks responsible for the abductions.
The rescue underscores the commitment of security agencies to strengthening intelligence-driven operations and ensuring the safety of lives and property across the country. Further details on the operation and ongoing investigations are expected from the relevant authorities.
The Dangote Petroleum Refinery says it has reduced the ex-depot prices of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) as part of efforts to make petroleum products more affordable.
Under the new pricing structure, the refinery reduced the price of petrol from N1,215 per litre to N1,165, representing a N50 reduction, while diesel was cut from N1,650 per litre to N1,570, amounting to an N80 reduction.
In a statement signed by the Dangote Group on Wednesday, the refinery said the price review was aimed at enhancing energy affordability, improving access to refined petroleum products and supporting economic activities across Nigeria.
According to the refinery, the move reflects its commitment to providing “affordable, high-quality petroleum products to the Nigerian market.”
It added that it remained committed to ensuring stable supply while leveraging operational efficiencies to deliver value to consumers, businesses, and stakeholders.
Rising fuel prices slash petrol, diesel, cooking gas demand
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The company said it would continue to pass on the benefits of improved operational efficiencies to consumers whenever market conditions permit.
It stated that the refinery continues to play a pivotal role in strengthening Nigeria’s energy security, reducing reliance on imports, and supporting the nation’s economic development through the supply of world-class petroleum products.
“Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian market.
“Under the new pricing structure, the refinery has reduced the ex-depot price of PMS to N1,165 per litre, down from N1,215 per litre, representing a reduction of N50 per litre. Similarly, the ex-depot price of Diesel has been reduced to N1,570 per litre from N1,650 per litre, amounting to a decrease of N80 per litre.
“The price review reflects Dangote Refinery’s ongoing efforts to enhance energy affordability, improve access to refined petroleum products, and support economic activities across Nigeria,” the statement read partly.
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