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Fuel scarcity: Experts want FG collaborate with local refineries

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Some experts in oil and gas business have  urged the Federal Government to collaborate with local refineries to process the daily allocation of 445,000 barrels of crude oil for domestic use, based on a tolling arrangement.

The experts gave the advice in interviews with the News Agency of Nigeria (NAN) on Monday in Lagos.

NAN reports that the advice is coming amid fuel scarcity in the country.

Mr Rabiu Bello, Senior Independent Non-Executive Director at Seplat Energy Plc., said that collaborating with local refineries would help the government to secure  petroleum products needed for domestic consumption and allow export of excess products.

Bello said that such a collaboration would enable the Dangote Petroleum Refinery  and other local refineries to operate profitably and achieve over 65 per cent capacity utilisation without requiring substantial additional investments in crude oil supplies.

He added that the Federal Government should conduct a forensic audit of NNPC/NNPCL’s financial records to assess the actual cost of importing and delivering petroleum products to Nigeria from 2012 to 2024.

Mr Tunji Oyebanji, a member of the Major Oil Marketers Association of Nigeria, advocated full implementation of the Petroleum Industry Act (PIA).

He said that PIA would allow market forces to determine petrol price and reduce  financial burden on  importers and local refineries.

“Selling below cost is not sustainable.

“If prices are set at an economic level, other suppliers might enter the market, improving supply and reducing financial strain.

Mr Henry Adigun, an oil and gas consultant, also called for full implementation of the PIA to streamline operations in Nigeria’s downstream  sector of Nigeria’s petroleum industry.

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Adigun said that the  current fuel scarcity could be mitigated if the government  could pay outstanding debts to importers and allow fuel prices to return to market levels.

Mr Olufemi Soneye, Chief Corporate Communications Officer at NNPC Ltd., had, on Sept. 1, acknowledged that the company was facing financial strains due to high cost of  petrol also known as Premium Motor Spirit (PMS).

He said that the increased cost was affecting the sustainability of fuel distribution.

Soneye gave the assurance that NNPC Ltd. remained committed to its roles and was working with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products.

NAN correspondents who monitored the fuel situation within Lagos metropolis report that fuel price has surged as scarcity worsens.

Many filling stations on Ikorodu Road, Agege, Iyana-Ipaja, Ikeja, Somolu, Bariga, Ogba and Surulere were closed due to petrol shortage.

Also, long queues characterised few filling stations selling the product.

Meanwhile, some motorists have expressed frustration at the persistent scarcity of PMS.

They also decried the long queues at filling stations as well as increased black market sale of the product.

At Ikorodu, Epe, Badagry, and Ibeju-Lekki, a litre of petrol sells for  N940  and above.

A Mobil  filling station at Abule Egba sells petrol  for up to  N700 per litre.

Mr Adesanya Tunde,  Manager at Mobil Station at Abule Egba, told NAN: “We couldn’t get enough supply, which is impacting  our business and our customers.

” We are doing our best to manage the situation, but it is challenging.”

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Mr Abiodun Ayeni,  a Manager at a Conoil  Station, blamed the increase on PMS pump price on scarcity of the product. (NAN)

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NOA Investigation Reveals Shocking Misappropriation In Student Loan Scheme

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An investigation by Nigeria’s National Orientation Agency (NOA) has uncovered alleged collusion between universities and banks to misappropriate funds from the Federal Government’s Student Loan Scheme, depriving students of their entitled financial support.

In a statement released on Sunday, NOA Director General Mallam Lanre Issa-Onilu revealed the findings following a meeting with Akintunde Sawyerr, Managing Director of the Nigerian Education Loan Fund (NELFUND).

The probe, conducted by NOA’s Community Orientation and Mobilisation Officers, exposed deliberate delays in loan disbursements to students for personal gain by certain institutions and banks.

“Some universities fail to acknowledge NELFUND’s disbursements to students,” Sawyerr said, noting that affected institutions receive funds directly but neither inform students nor record payments, forcing students to pay tuition fees out of pocket.

“Withholding critical financial information from students is unethical and a breach of NELFUND’s principles,” he added.

He warned that legal action awaits any institution found culpable.

The NOA has issued a stern directive to implicated schools and banks to halt such practices immediately.

It has also instructed its state directorates to gather further feedback from students nationwide to ensure accountability and prompt government action against those involved.

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Tinubu pledges nationwide road infrastructure boost

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President Bola Tinubu has said his vision is to complete and expand all key road infrastructure projects across Nigeria to improve nationwide connectivity.

President Tinubu stated this on Sunday during the inauguration of section two of the Abuja-Kaduna-Zaria-Kano road project.

The President, who was represented by the Governor of Kaduna State, Uba Sani, said the road is a vital link between the South and North, and the government is committed to easing travel across the country.

“My vision is to overhaul Nigeria’s roadways by completing and expanding critical infrastructure projects nationwide,” Tinubu stated.

He acknowledged that some projects began under past administrations but praised his government for refining partnerships, addressing funding issues, and setting new completion timelines.

“In almost two years, we’ve awarded several new road projects, many of which have already been completed to boost trade, productivity, and regional development,” Tinubu said.

He added that no part of Nigeria is being neglected in the ongoing infrastructure upgrades sweeping across the nation under his leadership.

Tinubu said Kaduna State and Northern Nigeria have especially benefited from major infrastructure improvements since his administration began.

He highlighted the Abuja-Kaduna-Zaria-Kano dual carriageway as a landmark project and one of Nigeria’s most critical road networks.

The road connects the Federal Capital Territory with about 12 states across the north-central, northwest, and northeast, aiding both economic and social development.

Also, Tinubu approved an 11-kilometre extension to connect the road to Aminu Kano International Airport.

He also added 10 kilometres at the start of section one, between Kogi State and Abuja, for greater coverage.

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Tinubu directed that solar-powered lights be installed throughout the road for safety and illumination.

Minister of Works, David Umahi, praised Tinubu’s dedication to improving Nigeria’s infrastructure, especially in the road sector.

Umahi revealed that the 700-kilometre road would be completed using concrete-reinforced pavement within 14 months.

He said the project spans 350 kilometres each way from Abuja, passing through Niger State to Kaduna, Zaria, and ending in Kano.

The minister confirmed that Julius Berger had completed 480 kilometres of the Kano section, with 280 kilometres remaining to be done.

Umahi stated that construction of sections one and three, totalling 118 kilometres, had been awarded for N252 billion with 30 per cent upfront payment to Infiouest.

He added that section two, 82 kilometres each way (164 kilometres total), had been flagged off at a cost of N525 billion.

The entire road project, close to a trillion naira in total, is being executed by Infiouest, which Umahi endorsed as reliable.

Umahi assured Nigerians of progress and said the ministry would return in 30 days to assess the ongoing work.

He disclosed plans for zonal engagements across the six geopolitical zones to report on road and bridge achievements under the Tinubu administration.

Minister of State for Works, Bello Goronyo, reaffirmed Tinubu’s commitment to Nigeria’s socioeconomic development.

Goronyo called Tinubu a leader for all regions, with dedication to every corner of the country.

“We deeply appreciate your efforts; your impact is felt nationwide,” Goronyo said.

He commended Tinubu for projects in Illela, Sokoto, Lagos, and Badagry, highlighting them as part of major legacy superhighways.

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“This is a performing President, bringing renewed hope and positive change to Nigerian lives,” Goronyo added.

He encouraged communities to support the contractors, governors, and the president in building a prosperous and transformed Nigeria. (NAN)

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Soyinka Calls For Reversal Of Ban On Eedris Abdulkareem’s Song

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Nobel Laureate, Professor Wole Soyinka, has criticised the recent ban placed on a song by Nigerian musician, Eedris Abdulkareem, calling for the reversal of the action.

Abdulkareem, who is popular for his song ‘Jaga Jaga’, which was critical of the then President, Olusegun Obasanjo, recently released a new song titled ‘Tell Your Papa’ directed at President Bola Tinubu’s son Seyi. In the song, the singer criticised the President for the worsening economy and hardship in the country.

This moved the Nigerian Broadcasting Corporation (NBC), to release a memo on Wednesday, banning the song from being aired on radio and television, citing its “objectionable nature.” The action has since sparked outrage from Nigerians.

In a statement he issued from New York University, Abu Dhabi, on Sunday, Soyinka described the ban as a return to the culture of censorship and a threat to the right to free expression.

According to him, the action echoed past attempts to stifle artistic and socio-political commentary in Nigeria.

The Nobel Laureate noted that any government that is only tolerant for praise-singers and dancers to the official beat, has already commenced a downhill slide into the abyss.

“Courtesy of an artist operating in a different genre – the cartoon – who sent me his recent graphic comment on the event, I learnt recently of a return to the culture of censorship with the banning of the product of a music artist, Eedris Abdulkareem.

“My position is that such a progressive move by the government and its agencies does not go far enough. It is not only the allegedly offensive record that should be banned – the musician himself should be proscribed. Next, PMAN, or whatever musical association of which Abdulkareem is member, should also go under the hammer. Nor should we ignore the cartoonist, Ebun Aleshinloye, who not only etched out his trenchant response to the ban but disseminated it all the way to Abu Dhabi. Let’s simply go the whole hog!

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“I have yet to listen to the record, but the principle is inflexibly etched on any democratic template. It cannot be flouted. That, surely is basic. This is why I feel that we should look on the bright side of any picture and thus recommend the Aleshinloye’ cartoon – and others in allied vein – as an easy to apprehend, easy to digest summation of the wisdom of attempting to stifle unpalatable works of art or socio-political commentary, The ban is a boost to the artist’s nest egg, thanks to free governmental promotion. Mr. Abdulkareem must be currently warbling his merry way all the way to the bank. I envy him.

“We have been through this before, over and over again, ad nauseum. We know where it all ends. It is boring, time-wasting, diversionary but most essential of all, subversive of all seizure of the fundamental right of free expression. It also creates a permissive atmosphere of trickle-down power where governors have been known to pursue social critics across state borders, kidnap and imprison them for long spells, using the judicial machinery of never-ending trials.

“Oh, bear in mind also theocratic “authorities” that continue to arrogate to themselves the right to arrest and imprison artists and thinkers for their expression of opinion and vision of human existence. The fundamental right of free expression, as already touched upon, is not a closet affair, it is never hidden but echoes as loudly on international fora as in the most obscure hamlet.

Any government that is tolerant only of yes-men and women, which accommodate only praise-singers and dancers to the official beat, has already commenced a downhill slide into the abyss. Whatever regulating body is responsible for this petulant irrationality should be compelled to reverse its misstep.

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The statement by the literary icon also touched on the recent mob action in Edo State where no fewer than 19 lives were lost.

He recalled how young student, Deborah Samuel, was also killed in a similar fashion in Sokoto in 2022, regretting that her “identified killers” were freed without any consequence.

He said, “It is a sadly opportune moment, but also an enraged one, to join in conveying my commiseration to the families of the latest victims of the lynch mob mentality that is fast overtaking the nation. Edo today, which state next? Nineteen youths in one fell swoop?

“Let this latest dent in the national armour not pass as the yet soul searing orgy that ended the life of the young student, Deborah Samuel. Recall that identified killers were set free to gloat, and paste their photos on the social media as having lit the consuming pyre – this in full daylight glare, in the presence of both citizen voyeurs and security forces. The horror is not in numbers but in the act itself.

“As long as the culture of impunity is given the sheerest strain of legitimacy in any given cause, such gruesome assaults on our common humanity will continue to prevail, and a reversion to brutish existence become a nation’s stamp of identity.

“The culprits are in plain sight and so are witnesses. There can be no excuses. My heart goes out to friends, colleagues and families of victims and traumatized survivors of this senseless slaughter. Our thirst for justice must remain unslaked.”

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