Nigeria

Govt agencies, marketers agree to end petrol scarcity in 48 hours

Govt agencies, marketers agree to end petrol scarcity in 48 hours

Federal Government agencies and petroleum marketers have undertaken to end the crippling shortage of petrol across the country that has seen pump prices hit N285 per litre. Speaking after a meeting at the Nigerian National Petroleum Company Limited, Nigerian Midstream, and Downstream Petroleum Regulatory Authority, NMDPRA, in Abuja on Thursday, the operators said the depots would work for 24 hours daily until the queues are cleared. The meeting had in attendance officials of the Department of State Services, the Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, Independent Petroleum Marketers of Nigeria, National Union…
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DSS gives dealers 48 hours to stop Fuel scarcity or face FG’s wrath

DSS gives dealers 48 hours to stop Fuel scarcity or face FG’s wrath

Angered by the lingering petrol scarcity in the country, the Department of State Services (DSS) has ordered all the entities in Nigeria involved in the distribution process to make petrol available to Nigerians at the official rate or face the wrath of the government. This was the decision arrived at between the security agency and all the stakeholders in the petrol supply chain at the end of a strategic meeting at the DSS headquarters in Abuja on Thursday. The Spokesman for the DSS, Dr.Peter Afunanya, told journalists at the end of the meeting that the agency would take steps to…
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Reps summon Emefiele, order CBN to suspend cash withdrawal policy

Reps summon Emefiele, order CBN to suspend cash withdrawal policy

…summon Emefiele for an explanation Thursday next week …angry over the new cashless policy …may prevail on the apex bank to reverse the decision Angry with the N100,000 weekly cash withdrawal limits recently set by the Central Bank of Nigeria (CBN) and its attendant economic and social challenges, the House of Representatives at Thursday plenary asked the Governor, Mr. Godwin Emefiele to suspend implementation of the policy. Emefiele was asked to cause an appearance Thursday next week to explain to the House the impact and significance of the new policy. The suspension is to last pending the outcome of the…
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Fani-Kayode accuses Peter Obi, Atiku’s spokesperson of denigrating Tinubu

Fani-Kayode accuses Peter Obi, Atiku’s spokesperson of denigrating Tinubu

A former minister of aviation and member of the All Progressives Congress, APC presidential campaign council, Femi Fani-Kayode said the spokespersons of Peter Obi, and Abubakar Atiku’s presidential campaigns were guilty of denigrating Asiwaju Bola Tinubu.  Fani-Kayode stated this in a series of tweets via his verified Twitter handle on Thursday.  His words, “A few days earlier I heard another Obi spokesman on yet another Channels Television programme referring to him as “Nebuchadnezzar”, “a monkey” and “Satan.” “The thing that appalled me the most was that in both interviews the moderators allowed him to keep making the point and mocking…
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Taraba Campaign: Peter Obi Promises To Bring Prosperity, End Poverty

Taraba Campaign: Peter Obi Promises To Bring Prosperity, End Poverty

Presidential candidate of the Labour Party, Mr Peter Obi, has promised to utilise the human and natural resources in Taraba State to bring prosperity to the state and end poverty. Obi, who stated this at the Jolly Nyame Stadium in Jalingo on Wednesday in continuation of his nationwide campaign, promised to change the fortunes of the state and Nigeria in general if given the mandate to rule the country come 2023. According to him, “I will make Taraba an economic hub and a tourist centre for Nigeria. The untapped mineral resources and the Mambilla Hydro is enough to transform the…
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