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Fuel Pricing Should Serve Public Interest, Not Profit — Yemi Adeoye

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Energy policy analyst, Adeyemi Adeoye has opined that fuel pricing in Nigeria should prioritize public interest over profit.

His assertion was meant to address pricing issues associated with the Dangote Refinery’s readiness to be supplying Premium Motor Spirit (PMS), also known as petrol to the domestic market.

Recall that the President of Dangote Group, Alhaji Aliko Dangote had passed the pricing ball to President Bola Ahmed Tinubu and the Federal Executive Council (FEC), via the Nigerian National Petroleum Corporation Limited (NNPC Ltd).

Adeoye made the comments during an appearance on Channels TV’S Politics Today, which was monitored by our correspondence on Tuesday.

Related news: Finally, Dangote Refinery’s First Petrol Batch Hits The Market

Adeoye argued that the government must approach pricing and supply strategically, stressing the interconnectedness of economic stability and national security.

He said, “An energy crisis is a national security crisis in my view. In spite of all these issues and controversies — which is, of course, unfortunate for something of this magnitude and positive impact to develop such controversies — we have reached this point, and I think congratulations are in order.

“Having said that, with regard to pricing and supply, the government must be very intentional. When we talk about national security, we often forget the importance of economic security, as they go hand in hand. If there is an economic crisis, it will impact national security in a matter of minutes.”

He pointed out that Nigeria’s petroleum market was not yet as deregulated as those in the United States or Europe, necessitating ongoing government involvement.

He said, “NNPC and the government need to sit down with the operators of the Dangote Refinery and intentionally determine pricing in the interest of national security, given that Nigeria is not yet a free market like the USA or Europe. Nigeria has not gotten to that level yet, so government intervention, especially when it comes to petroleum products is still very important.

Addressing the urgency of the situation, Adeoye warned that prolonged fuel scarcity could lead to public unrest.

He emphasized “My take is, away from all the controversies, away from all the back and forth, Nigeria Government needs petrol on the street, they need petrol across the country otherwise there could be chaos, there could be issues because this is a country that is already stressed up in terms of the economic situation. We just came out of a nationwide protest and we shouldn’t be going into another one any time soon.”

Adeoye underscored the pivotal role of the NNPC Ltd, the country’s sole importer of petroleum products, in managing the supply chain effectively.

He added, “If the focus, the goal and the purpose is the Nigerian people, and is to ensure that the Nigerian people are able to get petrol  whenever they need it at the most friendly price, then these controversies will not be much.”

 

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Kano Police Warn Residents Of Imminent Terror Attack Threats

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The Kano State Police Command has warned residents of a potential terror attack, targeting public gatherings in strategic locations across the state.

In a statement issued on Friday, the command’s Public Relations Officer, SP Abdullahi Haruna, disclosed that intelligence reports indicated suspected terrorists were planning to carry out attacks.

“The Kano State Police Command, in liaison with other security agencies, has received intelligence reports of suspected terrorists planning to launch attacks on public gatherings in strategic locations within Kano State.

READ MORE: Savannah Energy Provides Unaudited FY 2024 Trading Updates 

“In response, we hereby urge residents to exercise caution and avoid crowded places and environments until further notice as a preventive measure to enable security operatives to identify and dislodge possible attackers,” the statement read.

To address the threat, the police command has enhanced security arrangements across the state. SP Haruna revealed that specialized units, including the Explosive Ordinance Disposal (EOD) and the Chemical, Biological, Radiological, and Nuclear (CBRN) teams, have been deployed to strategic locations and are on high alert.

“A team of experts from the command’s Explosive Ordinance Disposal, Chemical, Biological, Radiological, and Nuclear units have been deployed to strategic locations and are on high alert.

“The unit can be contacted through: 08169884988 or 07067157218 for report of suspicious persons or item(s),” Haruna stated.

Residents have been urged to remain vigilant and report any suspicious activities to the nearest police station or contact the command through the designated hotlines.

“The command remains committed to protecting lives and properties as well as maintaining law and order in Kano State.

“We appreciate the support and cooperation of the good people of Kano State and urge everyone to remain vigilant. Your vigilance and cooperation are crucial in ensuring public safety,” the statement concluded.

 

 

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Ifon-Ilobu-Erin Osun Land Disputes: Osun Constitutes A 100-Member Boundary Resolution Committee

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Four gang-killed two in Osun, destroy N8M properties

 

In the bid to resolve the incessant land disputes between the communities of Ifon, Ilobu and Erin Osun, the Governor of Osun State, Senator Ademola Adeleke has constituted an enlarged 100-member high powered land crisis resolution committee in which each of the affected communities has 25 representatives, and the state government represented by 25 members.

The Osun State Commissioner for Information and Public Enlightenment, Oluomo Kolapo Alimi made the disclosure in a statement in Osogbo, on Friday.

He revealed that the Ataoja of Osogbo land, Oba Jimoh Adetunji Olanipekun Larooye is the Chairman of the Committee, while a retired judge of Osun State Judiciary and Chairman, Osun State Boundary Commission, Justice Moshood Adekunle Adeigbe, would serve as the Co-Chairman.

According to Alimi, Gov Adeleke put in place the Committee with a view to bringing a lasting end to the incessant land disputes among the three affected communities.

ALSO READ: Leadership Newspaper Backs Adeleke For Second Tenure, Names Him ‘Gov Of The Year’

It was gleaned from the statement that there were four other traditional rulers on the panel, including His Royal Majesty; Oba Abioye Oyebode, the Olokuku of Okuku, His Royal Majesty; Oba Adams Iyiola Bamidele Yusuf, the Oloba of Oba Oke, His Royal Majesty; Oba Adekeye Oyedare, the Oloyan of Oyan and His Royal Majesty, Oba Akeem Ogungbamgbe,The Owaloko of Iloko-Ijesha.

Other members are Umar Abba Mohammed, Osun State Commissioner of Police, Ayoola Kehinde, Osun State Director, Department of State Services( DSS) Brigadier General, Aliu Mohammed, Commander E.C.C, Ede, Sotiyobo Igbalawola, Osun State Commander, Nigeria Security and Civil Defence Corps( NSCDC), Anthony Chikezie, Commander, Immigration Service, Osun State, Adekunle Omoyele, Osun State Commander, Amotekun Corps, and Special Adviser to Osun State Governor on Security, Barrister Dare Ojo.

Also on the enlarged Committee, where members are enjoined by Gov Adeleke to bring in their wealth of experience to bear on the highly critical assignment, are the Chairman, NBA Osogbo branch, Yemi Abiona, Esq; the Chairman, NBA, Ikirun, Niyi Akinsola, Esq; the Chairman, NBA, Ile Ife, Tope Olajoko, Esq; the Chairman, NBA, Ilesha, Raymond Oki, Esq; Others appointed to serve on the Ifon- Ilobu- Erin Osun Peace Resolution Committee are; Soladoye Abioye, the Surveyor General of Osun State – Dr Sodiq Olohunde, Office of Chief of Staff to the Governor, Marufat Adekemi Bello, Permanent Secretary , Ministry of Justice – Femi Ogundun,- Permanent Secretary, Ministry of Local Govt and Chiertincy Affairs, Dr Fritz Mobolaji Olaoye, Permanent Secretary, Ministry of Lands and Physical Planning.

Completing the list of the Committee members are Comrade Wasiu Ajadosu, Osun NUJ Council Chairman, Comrade Waheed Lawal, Osun Civil Society Coalition and Comrade Saka Mao, a Public Affairs Analyst

The statement has it that Gov Adeleke, will on Tuesday, the 28th of January, 2025 perform the swearing in ceremony of the 100-member enlarged Ifon, Ilobu, Erin Osun Land Crisis Resolution Committee, at the Multi purpose hall of Local Government Service Commission, State Government Secretariat, Abere Osogbo by 11:00am.

 

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Okpebholo Moves To End Indiscriminate Parking, Gridlock In Edo State

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Edo State Governor, Senator Monday Okpebholo, has charged the Managing Director of the Edo State Traffic Control Management Agency (EDSTMA), Engr. Stainless Ijeghede on indiscriminate parking and traffic gridlock, especially in market areas.

According to a statement in Benin City on Friday, by Chief Press Secretary to Edo State Governor, Fred Itua, his principal gave the charge while decorating Ijeghede with his new rank as the head of EDSTMA.

He noted that while addressing the new Managing Director and his personnel at the Exco Chambers in Government House, Gov Okpebholo pointed out that the agency should do its job well by ensuring free flow of traffic across the state.

He called on Ijeghede and men of the agency to ensure they checked indiscriminate parking of vehicles and buses, especially in market areas.

“Edo State belongs to all of us and whatever we are doing, we should do it with care not to harm anybody. I appeal to EDSTMA to ensure that the city is well kept because whenever I drive round town, I see vehicles everywhere as the city is not well kept.

“This is your primary assignment. You should ensure the city is well kept as vehicles park indiscriminately and they are causing obstruction. Traffic is not flowing as it should and it is causing serious gridlock. Is it that you are not doing your job well?

ALSO READ: Leadership Newspaper Backs Adeleke For Second Tenure, Names Him ‘Gov Of The Year’

“Is it that you are not doing your job well or because you have a new leader that is why traffic is not flowing, or because you don’t know your job?

“You people should wake up and keep the state clean. Make sure that vehicles are parked well especially in the market areas. Monitor markets very well as these areas are looking really unkempt with vehicles and buses parked indiscriminately, causing traffic gridlock. Edo people are worst hit. They suffer from this. Ensure free flow of traffic so that the people will be happy,” Governor Okpebholo emphasized.

The EDSTMA boss, thanked Gov Okpebholo for the opportunity to serve the people of Edo State and assured him of the loyalty of the agency.

He added that his men will do their job professionally and ensure that the is free flow of traffic across the state.

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