Sunday, September 22, 2024
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NNPC Dismisses Imminent Fuel Price Hike Amidst Reports of Scarcity in Lagos

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The Nigerian National Petroleum Company (NNPC) Ltd. has quelled speculations of an impending surge in the cost of Premium Motor Spirit (PMS), commonly known as petrol. In a statement issued by Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd., the national oil company reassured the public that there are no plans for a price increase.

“NNPC Ltd. urges Nigerians to disregard unfounded rumors and assures them that there are no plans for an upward review of the PMS price,” stated Soneye.

Motorists across the nation are cautioned against succumbing to panic buying, as NNPC emphasizes the current ample availability of PMS throughout the country.

This announcement follows reports of a recent scarcity of Petroleum Motor Spirit in Lagos. Motorists seeking to purchase PMS in Lagos on Wednesday encountered an unusual number of fueling stations refusing to sell, resulting in long queues at the few stations that were dispensing fuel.

Investigations revealed that, apart from selected stations like BOVAS, Total, North West, and NNPC in Ikeja, only the mobile filling station at Irawo had fuel available for sale. Notably, numerous filling stations along key areas such as Obafemi Awolowo Road, Ikorodu Road, and Airport Road were closed, despite having sold fuel the previous night.

The Total Filling station at Mobolaji Bank Anthony Way, Mobile at Irawo, and other NNPC filling stations in Ikeja witnessed heavy queues, causing congestion in the Ikeja axis. The situation prompted some motorists to increase their fares, highlighting the challenges faced by commercial transport operators.

A concerned motorist at a filling station remarked, “We suspect that fuel is about to rise to N1,000 per litre. That is why these other filling stations are not selling fuel. Even this Mobil that is selling is doing so at N615 per litre. I bought fuel here yesterday at N585. Tell me what happened between yesterday night when I bought fuel and today that made them jack up the price to N615. Yet, we still have to queue up.”

NNPC’s assurance seeks to allay fears and maintain stability amidst the fluctuations in fuel availability and pricing observed in certain regions.

President Bola Tinubu Mourns the Passing of Dr. Cairo Ojougboh

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President Bola Tinubu expressed his heartfelt condolences to the family of Dr. Cairo Ojougboh, the former Executive Director of the Niger Delta Development Commission (NDDC), who passed away on Wednesday.

The President conveyed his sorrow upon receiving the news of Ojougboh’s demise.

Dr. Ojougboh, a former member of the House of Representatives (2003-2007) and a prominent leader of the All Progressives Congress (APC) in Delta State, contributed significantly to both legislative and political spheres.

Tinubu extended his condolences to the government and people of Delta State, acknowledging the tragic loss they have suffered.

In his message, the President offered prayers for the peaceful repose of the departed soul. He sought to provide solace to the grieving family, urging them to find strength and hope in God Almighty, the ultimate overseer of human affairs. Tinubu also encouraged them to draw comfort from the cherished memories and enduring legacy of the late APC stalwart.

The untimely passing of Dr. Cairo Ojougboh, who reportedly breathed his last while watching the football match between Nigeria and South Africa, marks a somber moment for the political community and the nation at large. The President’s condolences reflect a recognition of the significant contributions made by the late APC chieftain.

Timipre Sylva Expresses Confidence in President Tinubu’s Economic Policies

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Former Minister of State for Petroleum Resources, Timipre Sylva, expresses confidence in President Bola Tinubu’s economic policies, assuring Nigerians of far-reaching and massive gains.

Sylva, who campaigned for Tinubu during the Bayelsa State governorship election, emphasizes his alignment with the president’s economic blueprint.

Sylva’s Special Adviser on Media and Publicity, Julius Bokoru, dismisses claims linking the former governor to an article critical of Tinubu’s economic policies, labeling it an attempt to create discord between Sylva and Tinubu. Bokoru asserts that Sylva has remained steadfast in supporting Tinubu’s ideals and attributes the article to political schemes aimed at tarnishing Sylva’s image.

Bokoru emphasizes that the author of the article is not Sylva’s spokesperson and the expressed views do not represent Sylva’s stance. He condemns the act as an unintelligent and classless attempt to undermine Sylva’s reputation, attributing it to individuals with a history of antagonism against the Federal Government.

Nigeria at War – Defence Headquarters Urges Unity, Reports Successes in Counterterrorism Operations

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The Defence Headquarters declares that Nigeria is at war and calls on citizens to unite with the military to win the ongoing war against terrorism.

Major General Edward Buba, Director of Defence Media Operation, highlights the need for citizens to recognize their role in the conflict and emphasizes the importance of unity.

General Buba stresses that the security challenges facing Nigeria are mostly self-inflicted and urges citizens to rise to the challenge.

He acknowledges the sacrifices of the armed forces and calls on all segments of society to emulate the resilience and unity displayed by the troops on the frontlines.

Providing updates on counterterrorism operations, General Buba reveals that in January 2024 alone, troops killed 266 terrorists, arrested 463, and rescued 116 kidnapped hostages.

Additionally, the military recovered various weapons and ammunition, foiled oil theft, and prevented the theft of an estimated sum of N2,821,503,962.00.

Despite recent challenges, General Buba reassures the public of the military’s commitment to restoring peace and security.

He underscores the ongoing efforts of troops and emphasizes the goal of achieving a secure and peaceful environment for all citizens.

In the week under review, troops neutralized 105 terrorists, arrested 140, and rescued 86 kidnapped hostages. The military also seized weapons, ammunition, and disrupted oil theft activities in the Niger Delta region.

General Buba concludes by asserting that the Armed Forces will continue to hunt and destroy terrorists across the country professionally, offering the two choices for the insurgents: surrender or face elimination.

Labour Unions Issue 14-Day Strike Ultimatum to Federal Government Over Unmet Agreements

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The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have jointly issued a 14-day ultimatum to the Federal Government, urging the fulfilment of agreements reached after the subsidy removal policy.

In a joint statement, NLC’s Joe Ajaero and TUC’s Festus Osifo express concern over the dire economic situation faced by Nigerians, warning of potential industrial unrest if the government fails to intervene within the stipulated timeframe.

The labour leaders lament the non-implementation of the 16-point agreement reached on October 2, 2023, emphasizing that crucial aspects of these agreements, aimed at addressing the socioeconomic consequences of fuel price hike and Naira devaluation, remain unmet or negligibly addressed.

Ajaero and Osifo highlight the severe consequences of these policies, including widespread hunger, eroded workers’ purchasing power, and escalating insecurity. They criticize the government’s apparent lack of effective measures to alleviate the burdens imposed on the citizens.

The unmet agreements range from wage awards and palliative adjustments to improved access to public utilities to issues like interference in union activities, as seen in the case of the National Union of Road Transport Workers (NURTW) and the illegal proscription of Road Transport Employers Association of Nigeria (RTEAN) by the Lagos State Government.

Issuing a stern ultimatum, NLC and TUC demand that the Federal Government honours its part of the understanding within 14 days from February 9, 2024, to avert potential industrial action and safeguard the rights and dignity of Nigerian workers and citizens.

President Tinubu Mourns Passing of Asagba of Asaba, Extends Condolences

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President Bola Tinubu expresses deep sadness at the passing of His Royal Majesty, Obi Joseph Chike Edozien (CFR), the Asagba of Asaba. In a condolence message relayed through his media aide, Ajuri Ngelale, President Tinubu extends heartfelt condolences to the family, Delta State Traditional Rulers’ Council, the government, and the people of Delta State.

Celebrating the impactful life of the late monarch and distinguished professor of medicine, President Tinubu acknowledges the Asagba’s advocacy for peaceful co-existence among Nigerians and his inimitable role in forging partnerships across divides.

President Tinubu reflects on the legacy of His Royal Majesty, emphasizing a life defined by lofty ideals of peace, unity, patriotism, honesty, and dignity. He expresses the sorrow of losing a figure at a time when Nigeria requires more peace-builders and bridge-builders.

The President offers prayers for the peaceful repose of the departed monarch and urges the Royal Family and all those mourning this significant loss to find solace in the enduring legacies of His Royal Majesty.

House of Representatives Urges Federal Government to Halt Recall of Heads of Chancery from Foreign Missions

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The Federal House of Representatives in Nigeria has called on the Federal Government to suspend its planned recall of Nigerian heads of chancery from foreign missions abroad. The resolution was made following a motion of urgent public importance titled “Urgent Need to halt the move to recall all Nigerian heads of chancery from Nigeria’s Foreign Missions abroad,” presented by Mr. Umar Ajilo, the representative of Makarfi/Kudan Federal Constituency in Kaduna State.

President Bola Tinubu had recalled all Nigerian ambassadors, both career and non-career, on September 2, 2023, with a deadline for their return set for October 31, 2023. The recall, communicated by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, affects over 300 foreign missions.

Hon. Ajilo highlighted the crucial functions of Nigeria’s heads of diplomatic missions, emphasizing their role in representing the government, presenting policies, safeguarding nationals’ interests, and providing public services for Nigerians abroad, including documentation and citizens’ evacuation from dangerous locations.

The motion expressed concern over the potential hazards of recalling all heads of chancery while Nigeria has no ambassadors, suggesting it could be viewed as a sign of political instability, impacting diplomatic relations and service delivery to Nigerians abroad.

The House urged the Federal Government to suspend any plans for recalling heads of chancery from foreign missions and mandated the House Committee on Foreign Affairs to collaborate with the Minister of Foreign Affairs to address issues related to Nigeria’s foreign missions, reporting back to the House for further legislative actions.

House of Representatives Urges Implementation of Global Standards in Education Sector

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In a motion titled “Need to implement global standards on national policy on education,” sponsored by Hon. Moshood Oshun, the Nigeria’s House of Representatives has called on the Federal Ministry of Education to implement global standards for enhancing the country’s education sector. The motion, adopted during Thursday’s plenary, emphasizes the importance of aligning the nation’s education curricula with global benchmarks to address diverse student needs and prioritize skills acquisition.

Hon. Oshun, representing Lagos Mainland Federal Constituency, Lagos State, highlighted the necessity of special needs education to cater to individual requirements, especially for students with disabilities. Quoting Section 18(1) of the Constitution, he stressed the government’s commitment to ensuring equal and adequate educational opportunities at all levels.

Expressing concern over the current inadequacies in public schools, including the shortage of qualified staff, learning materials, and specialized facilities for students with special needs, Hon. Oshun called for reforms to address these lapses in the education system.

The lawmaker underscored the need for awareness and understanding of special education laws and policies among educators and parents, pointing out gaps in implementation and support for special needs students.

The House urged the Federal Ministry of Education to fully implement the National Policy on Education concerning Special Needs Education. Additionally, it called for the allocation of adequate resources to create a conducive learning environment in public schools for pupils and students with special needs.

To ensure prompt implementation, the House mandated the Committee on Disabilities to investigate the non-implementation of the National Policy on Special Needs Education and report back within four weeks for further legislative action.

Outgoing FEMA Director Urges FCT Minister to Boost Funding for Enhanced Mandate Execution

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The Minister of the Federal Capital Territory (FCT), Barr. Nyesom Wike, has received an appeal from the outgoing Director General of the Federal Emergency Management Agency (FEMA), Dr. Abbas Idriss, to facilitate increased funding for the agency.

Dr. Idriss made the call during a send-off ceremony in Abuja, marking FEMA’s tenth anniversary.

Highlighting the necessity of repositioning FEMA to effectively fulfill its mandates, Dr. Idriss underscored challenges such as the non-assent of the bill that established the agency and insufficient funding. He emphasized the adverse impact these factors had on the agency’s strength and growth.

Addressing the challenges, Dr. Idriss stated, “Looking at the mandate of FEMA when it was created in 2013, the bombing incidents that followed, and other emergencies, including endemic and flood threats, hampered the survival of the young agency. These threats were exacerbated by the absence of the take-up grant and budgetary constraints that should have empowered the agency to address the prevailing issues it had to deal with. Furthermore, the non-domestication of the law enabling FEMA, as stipulated in 1999, significantly affected the strength and growth potentials of the agency.”

The Acting DG of FEMA, Mr. Mohammed Sabo, lauded Dr. Idriss’s commitment, visionary leadership, and tireless dedication during his tenure. Sabo highlighted the agency’s achievements under Idriss’s leadership and emphasized the enduring legacy of service left by the outgoing DG.

Earlier remarks from Director of Forecasting, Response, and Mitigation at FEMA, Mrs. Florence Wenegieme, described Idriss as a workaholic, mentor, and seasoned professional who laid a formidable foundation for FEMA’s progress.

NNPC Commences Oil Production at Akpo West Field Following President Tinubu’s Directive

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In adherence to President Bola Ahmed Tinubu’s directive to optimize oil and gas production, the Nigerian National Petroleum Company Limited (NNPC Ltd) has successfully initiated oil production from the Akpo West Field. The milestone is expected to contribute 14,000 barrels per day of condensate to the nation’s production, according to NNPC’s Chief Corporate Communications Officer, Olufemi Soneye.

Soneye highlighted that meticulous planning, strategic collaboration, and dedication from all stakeholders involved in the project facilitated this achievement. The successful commencement of oil production is anticipated to be followed by the production of about 4 million cubic meters of gas per day by 2028.

The development of Akpo West, situated on Petroleum Mining Lease (PML) 2 (formerly OML 130), utilizes the existing Akpo Floating Production Storage and Offloading (FPSO) facility through a subsea tie-back to ensure cost efficiency and minimize greenhouse gas emissions.

This significant milestone was attributed to the strategic leadership of the Group Chief Executive Officer (GCEO), Mr. Mele Kyari, and the NNPC Ltd Upstream Directorate’s support, contributing to the realization of the short- and mid-term hydrocarbon production goals set by the President Tinubu administration.

Akpo West, located 135 kilometers offshore, is part of the discoveries on PML 2, closely linked to Akpo main, which commenced production in 2009 and produced 124,000 barrels of oil equivalent per day in 2023. TotalEnergies operates PML 2 with a 24% interest, in partnership with CNOOC (45%), Sapetro (15%), Prime 130 (16%), and NNPC Ltd as the concessionaire of the Production Sharing Contract (PSC).