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Shettima Summons Key Petroleum Officials Over Rising Fuel Prices

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Vice-President, Kashim Shettima has called an urgent meeting at Aso Rock with the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and the Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, amid growing public discontent over the recent fuel price hike.

The meeting is also being attended by the National Security Adviser, Mallam Nuhu Ribadu, and other senior government officials from the Vice-President’s office.

Related News: Pump Price Needs Market Adjustment, NNPCL Official Declares Amid Fuel Hike

The meeting comes in response to a sharp increase in the price of Premium Motor Spirit (PMS), which has led to widespread backlash and a significant rise in transport costs across major cities.

NNPCL Retail Management recently adjusted petrol prices to between N855 and N897 per litre, up from the previous range of N568 to N617, depending on the location.

This latest hike has resulted in transport fares jumping by over 50%, causing additional economic strain on citizens and businesses nationwide.

Independent marketers have raised petrol prices to between N930 and N1,200 per litre, intensifying the hardship faced by many Nigerians.

The hike has led to widespread disruption, forcing some to undertake long-distance treks and others to miss work due to soaring transportation costs.

The increase follows a statement by Olufemi Soneye, Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), who revealed that financial strain was putting significant pressure on the company and threatening the sustainability of fuel supply.

In a statement, he said: “In line with the Petroleum Industry Act (PIA), NNPC Ltd remains dedicated to its role as the supplier of last resort, ensuring national energy security. We are actively collaborating with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products nationwide”.

1 Comment

1 Comment

  1. 13abc toledo news

    September 6, 2024 at 12:36 am

    Your blog post was exactly what I needed to hear today. Thank you for the gentle reminder to practice self-care.

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NEWS

Lagbaja’s Remains Arrive National Military Cemetery For Burial

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The remains of the late Chief of Army Staff, Lieutenant General Taoreed Lagbaja, have arrived at the National Military Cemetery in Abuja, signaling the start of his burial ceremony according to military protocols.

The body arrived promptly at 3:00 p.m. on November 15, 2024, transported in an ambulance. Following tradition, the casket was received and will be positioned by pallbearers before a moment of silence is observed to honor the late COAS.

READ MORE: Gas Explosion in Katsina Filling Station Damages Six Vehicles

During the ceremony, the Chief of Defence Staff, the Minister of Defence, and President Bola Ahmed Tinubu are expected to deliver tributes highlighting Lt. Gen.

Lagbaja’s contributions to the nation. Afterward, the national flag will be presented to his next of kin, and the casket will be lowered.

Dignitaries, including the Senate President, Speaker of the House of Representatives, and other government officials, will lay wreaths in memory of the late army chief, paying their last respects.

Lt. Gen. Lagbaja is remembered for his service and dedication to the Nigerian Army and the nation. The ceremony underscores the nation’s gratitude for his commitment and leadership.

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Supreme Court Rejects Lawsuit Seeking To Abolish EFCC

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The Supreme Court has unanimously dismissed a lawsuit challenging the legality of the Economic and Financial Crimes Commission (EFCC) Act, upholding the continued existence of the anti-graft agency.

A seven-man panel of justices, led by Justice Uwani-Abba-Aji, ruled that the case, filed by Attorneys General from several states, was without merit.

READ MORE: Police Recover N2.3m Extorted From Abuja Resident, Officers Detained

The lawsuit, initially filed by the Attorneys General of 16 states, sought the dissolution of the EFCC, which was established to combat corruption in Nigeria.

The states involved in the case included Ondo, Edo, Oyo, Ogun, Nassarawa, Kebbi, Katsina, Sokoto, Jigawa, Enugu, Benue, Anambra, Plateau, Cross-River, and Niger.

As the legal proceedings unfolded, some states withdrew their support, while others joined the case as co-plaintiffs.

Notably, Imo, Bauchi, and Osun states joined the suit on October 22, while Anambra, Ebonyi, and Adamawa states withdrew, leading to the dismissal of their claims by the court.

The ruling strengthens the EFCC’s legal foundation, ensuring the continued operation of the commission in its fight against financial crimes in the country.

 

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Police Recover N2.3m Extorted From Abuja Resident, Officers Detained

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The Nigeria Police Force (NPF) has detained officers involved in the alleged extortion of N2.3 million from Mr. Nwosu Ndubuisi in Abuja.

This was disclosed by the Police Public Relations Officer of Zone 7 Command, DSP M.B. Abdulkadir, in a statement shared on X (formerly Twitter).

The extorted sum has been recovered and returned to the victim, with disciplinary proceedings initiated against the implicated officers.

The statement read, “Further to the earlier statement issued on the alleged extortion of one Mr. Ndubuisi Nwosu by some officers of Zone 7 Headquarters, Abuja, investigation was carried out, the officers allegedly involved in the extortion have been identified and detained, while disciplinary proceedings have commenced against them.

“The sum of N2.3m has been recovered and returned to Mr. Ndubuisi Nwosu.”

READ MORE: Miss South Africa 2024, Mia Le Roux Withdraws From Miss Universe

The Assistant Inspector-General of Police overseeing Zone 7 Headquarters, Abuja, AIG Benneth C. Igweh, assured the public that the disciplinary process would be transparent, in line with the accountability standards of the Inspector General of Police, Olukayode Egbetokun.

Igweh emphasised, “The zone will update members of the public on the outcome of the disciplinary proceedings against the defaulters. Zone 7 headquarters remains steadfast in its commitment to upholding the rule of law, public safety, security and its mandate of protecting lives and properties.”

The incident was initially reported by X user Harrison Gwamnishu (#HarrisonBbi18), who revealed that the officers coerced Ndubuisi into selling his laptop at Banex Plaza to pay for bail. Following this revelation, AIG Igweh ordered an investigation into the matter, leading to swift action.

This development highlights the commitment of the Nigerian Police Force to addressing misconduct within its ranks and ensuring justice for victims.

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