NEWS
Veteran Journalist, Abati Criticizes Reps Members Over Call For Kyari’s Dismissal
Dr. Reuben Abati, a veteran journalist and former Senior Adviser on Media and Publicity to ex-President Goodluck Jonathan, on Monday, criticized a faction of the House of Representatives for calling for the dismissal of the Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), Mallam Mele Kyari.
Abati, the lead anchor of the popular Arise TV breakfast talk show, Morning Show, described the call as “unfair, wrong, and unreasonable.”
He argued that it is incorrect for legislators to blame the issues of the Nigerian Oil & Gas industry on a single individual.
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“The problem with the oil and gas industry in Nigeria is not Mele Kyari,” Abati stated. “The problem is the way we have run our affairs as a country. Leadership is what is required to address these issues, not crucifying an individual.”
He explained that the sector is plagued by deeper structural issues that have been ignored for decades, emphasizing that Kyari is not the root cause of the industry’s problems.
He noted that the industry’s challenges have been evident since the 1970s, and successive governments have failed to tackle them.
Abati praised Kyari for his efforts to solve the problems and argued that he should be given the chance to continue his work.
Abati also criticized the sponsored advertisements by a segment of the House of Representatives members calling for Kyari’s dismissal. He pointed out that blaming Kyari is an oversimplification of the issues.
“There are fundamental issues with the Oil and Gas industry in Nigeria, which have been there since the 70s and no government has been able to address them,” Abati remarked.
“So, it is not about crucifying an individual. What Kyari is trying to do is to make an effort to solve the problem. But to assume that one man is the cause of the problem is very unfair, wrong, and unreasonable.”
Abati emphasized that the focus should be on addressing systemic issues rather than blaming individuals. “Nigeria, and the way we have run our affairs so far, is the problem. Leadership is what is required. So, the ball is back in the court of the leaders.”
Since the Petroleum Industry Act came into force, leading to the creation of the NNPC Limited about two years ago, the company has made significant strides. Under Kyari’s leadership, NNPC Limited has adopted more transparent and financially prudent
NEWS
Adeleke Approves Adeyemi’s Appointment As Chairman, Governing Council, Osun State College of Education
Osun State Governor, Senator Ademola Adeleke has approved the appointment of Akinyele Sarafa Adeyemi, as the new Chairman of the Governing Council of the Osun State College of Education, Ila Orangun.
This was detailed in a statement in Osogbo on Friday by Spokesperson to Governor Adeleke, Olawale Rasheed.
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According to Rasheed, Adeyemi replaces Dr Peter Babalola who resigned his appointment after a controversial tenure at the College of Education.
He stated that “Adeyemi who holds a first and Masters degrees in Education from the University of Ibadan is a retired principal of the Federal Girls College, Ipetumodu.”
It was gathered that the swearing in ceremony for the new Council Chairman holds by 10am on Monday at the EXCO lounge.
The Committee on Consequential Adjustments in Salaries for Civil Servants has confirmed that the newly approved minimum wage will be implemented starting July 29, 2024.
This was disclosed in a Memorandum of Understanding (MoU) issued at the conclusion of the committee’s meeting in Abuja on Friday.
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The MoU reads, “The National Salaries, Incomes, and Wages Commission (NSIWC) will prepare and release the necessary salary templates for other consolidated salary structures. The implementation date for the new wage will take effect from July 29, 2024.”
The committee, comprising 16 members, was set up to oversee the execution of the National Minimum Wage Act of 2024. This legislation raised the country’s minimum wage from ₦30,000 to ₦70,000.
Among its key responsibilities, the committee is tasked with negotiating salary adjustments across various sectors and developing a template for implementing the newly approved wage structure.
With the pump price of Premium Motor Spirit (PMS) popular in the streets as petrol, hovering around approximately N1000-N1300 per litre, concerns are mounting about the viability of fuel subsidies in Nigeria.
Energy policy analyst, Adeyemi Adeoye, has underscored the critical role of the Nigerian National Petroleum Company Limited (NNPC Ltd) in this issue, shedding light on who bears the subsidy costs.
He shared his views on TVC News on Friday.
Biztellers reports that the pump price of petrol has risen from below N200/litre at at May 29, 2023 to around N1300/litre as at September 20, 2024, with little variations depending the part of Nigeria, consumers are buying from.
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He stated, “Only the NNPC can engage in negotiations of this nature. Their partnership with the Dangote Refinery gives them leverage to negotiate from a position of strength.”
Adeoye highlighted that while the Independent Petroleum Marketers Association of Nigeria (IPMAN) and other marketers lack significant influence over prices, the Dangote Refinery prioritizes profitability.
According to him, this makes the NNPC’s negotiations vital, as they are legally required by the Petroleum Industry Act to ensure fuel availability across the country and prevent long queues at gas stations.
Adeoye said, “It is only NNPC that could have gone into that type of negotiation because NNPC is coming to the table from a position of strength because they have a partnership with the Dangote Refinery, and they have other businesses they are supplying crude to, so they can come and say, ‘Look, this has to be this way.’
“The IPMAN and the other marketers cannot do that because Dangote is a profit-making organization; it is not a charity organization. So, the only thing that is important to the Dangote Refinery is to make a profit, which is the same thing that is important to any business.
“So, the NNPC went into these negotiations because it also understands that it is the last resort. In terms of fuel distribution in the country, NNPC is mandated by the Petroleum Industry Act to make sure that there are no queues in the country. So, even if they don’t want to do it, the law mandates NNPC as the supplier, the last resort, to make sure that there is petroleum product across Nigeria.
“That negotiation is such that NNPC took all the calculations in and said, ‘This is a fair pricing that we know we can withstand.’
“Because what NNPC was paying out, which you might call a subsidy or under-recovery, NNPC was paying the difference on behalf of the government, which is under the directive of the president, who has also said he wants to see this situation totally resolved.
“That was why he directed the NNPC to make sure that crude oil to the Dangote Refinery is sold in Naira, because NNPC produces the crude in dollars, and it has to be sold to the Dangote Refinery in Naira, which is good faith.” he added
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