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• DPR warns marketers, P’Harcourt refinery plans supply • Oil search in Lake Chad to resume 2016 FUEL scarcity in the country may linger despite the approval of the release of the N407.7 billion subsidy debt to oil marketers at the weekend. A statement from the Minister of Finance, Kemi Adeosun, had said the approval was granted after President Muhammadu Buhari issued a directive that the oil marketers be paid immediately in order to end the fuel scarcity. But findings by The Guardian at the weekend showed that the assurance from the Federal Government to release the subsidy arrears was not enough to end the crisis as the marketers were having the challenge of sourcing foreign exchange to import the product. Besides, the Department of Petroleum Resources (DPR) has threatened to withdraw licences of depot owners who engage in illegal sale of petrol above the stipulated pump price. Also, the National Assembly has declared that the expected petroleum output from Port Harcourt refinery and supplies from oil importers would be enough to curb the issue of fuel scarcity during the Christmas season. Meanwhile, further oil and gas exploration is expected to commence in the Lake Chad area of north-eastern part of the country next year, on projection of improved security situation in the axis. Already, the New Nigeria Development Company (NNDC), a business conglomerate of the 19 northern state governments, has reached out to some technical partners to resume the hydrocarbon search in the area, which is currently ravaged by insurgents, who are being pushed out by federal troops. The success of the exploration efforts is expected to achieve geographical balancing in the nation’s oil production and facilitate crude oil flow into Kaduna refinery and any such facility that would be established in the northern part of the country. Fuel marketers have complained that the difficulty in sourcing forex has made it impossible for them to open Letters of Credit (LC), which is a prerequisite for imports. A marketer who spoke with The Guardian said that apart from the delay in releasing subsidy arrears by the Federal Government, another major challenge remained the devaluation of the naira and the Central Bank’s policy on foreign exchange. He said: “Even if we all get our money this week, the country will have to continue to deal with the issue of fuel scarcity or long queues at the filling station due to the country’s forex policy. Many of us cannot source foreign exchange because it is a very difficult thing to do.” Meanwhile, DPR has issued fresh warnings to depot owners in the country who engage in sharp practices by hoarding or selling petroleum product above the government-regulated prices. This is coming few days after the agency suspended import permit of Capital Oil Petroleum Limited, Sahara Petroleum and Folawiyo Petroleum in Lagos for profiteering. Other suspended companies are Samon Petroleum, Fynefield Petroleum, Calabar and Stallionaire Petroleum Limited. The DPR, which said in a statement that the companies sold fuel above government-regulated price, warned oil marketers to desist from hoarding and diverting petroleum products, among other practices or face the full wrath of the law which included immediate suspension or withdrawal of licences, and closure of such stations. It stated: “The DPR will continue to ensure that operators in the petroleum sector adhere strictly to internationally acceptable standards and best practices.” But Folawiyo Energy Limited (FEL) yesterday denied violating regulations guiding sale of petroleum products. The company said that it had not had its own products in storage for the past three months, during which it had only stored and distributed products for the NNPC, without any involvement in collecting payments from the companies taking the NNPC stock. The statement was signed by Adeshola Komolafe, public relations consultant to FEL. The chairman of NNDC, Alhaji Bashir Mohammed Dalhatu, who disclosed the imminent exploration recommencement at the end of the corporation’s yearly general meeting in Kaduna at the weekend, said: “Oil and gas blocks have been discovered in the north. But for security challenges in the north-east, exploration would have gone far. We have since re-engaged our people to be totally committed to the oil exploration and exploitation of both oil and gas resources. We believe that will contribute immensely to the revival of the economy in the region.” The chairman, who lamented that insecurity in the north-east had affected the take-off of the exploration, however, affirmed that the search would commence “within the year 2016. We are already talking with technical partners that would help us explore the resources.” The Nigerian National Petroleum Corporation (NNPC) had earlier confirmed that the country was on the verge of discovering significant quantity of oil in the Lake Chad area, based on analysis of recent seismic 3D data generated from the Chad Basin. http://www.ngrguardiannews.com/2015/12/fuel-scarcity-persists-lack-of-forex-stalls-importation/ |
Raiders:not all nigerians rejected gej. 15million nigerians reject him, 12million accepted him which I am among |
Fellow Nigerians, don't worry yourself. if i were
among these senators, i would even move a
motion to make the money N500 Billion. Yeye
youths, stupid youths. stay here and be insulting
yourself because am from this ethnic group and
you are not from this ethnic group. Nonsense.
They know you have no future and have nothing
to challenge them with, that's why they keep
messing up our country, milking us dry and keep
seeing us as toothless bull dogs. U only rant here
on social media and Sahara Reporters keeps
giving you News that will even help u continue
the hate game. Don't worry continue the insults,
even insult me for posting this. |
I call a friend who have a relation in IFDC, he said his relation told him they will pay in a weeks time dats since 19th November, now it is the 2nd week of December still no news |
dadebayo1:u are a redemption staff for which state pls? |
the ges scheme took place in thirteen states last year. helpline staffs in other states have u been paid? l have forgotten the moniker of the lady that was disseminating information on the said removed thread, pls can someone remind me. |
it's been a year and three months since we participated in the growth enhancement support scheme(GES) yet no news from IFDC with regards to our payment,I saw a thread in respect to this job last year but due to some circumstances it was removed. I create this thread so that anyone who is affected by this incident can contribute. It is one year and three months since July 2014,for those of us who participated in our capacity as redemption officers/helpline staffs in kaduna state,up to now we have not heard anything with regards to payment. So If you have any information with regards to the payment pls let us know or do we mobilise ourselves and go to THE IFDC office in Abuja for our payment? |
criticising the past govt because of this Boko Haram issue is right but keeping quite now or supporting this govt for this same issue now is totally wrong |
criticising the govt because of this Boko Haram issue is right but keeping quite now or supporting this govt for this same issue now is totally wrong |
we are tired of hearing all this media accusations. pls ask ur brother, the confused junketer, when he will start working, there is too much hunger in the land |
Elder Obawusi Obafemi lamenting sate of the nation today listed the structures PDP set up which he says profited the generality of Nigerians. He said he had hoped things will be better with the 'change' the ruling APC promised but only to see the alleged destruction which APC says PDP has done to Nigeria much better than this government being run by a cast of neophyte actors. IF PDP DESTROYED NIGERIA BUT; 1. They were able to pay N18,000 minimum wage, you threaten to reduce staff or slash salaries in order to punish the masses. 2. They were able to construct roads without toll gates, you promise to introduce toll gates to squeeze out money from the masses to repair and construct roads. 3. They introduced TSA which you directly adopted yet you applied the wrong method and started eating the yams you gathered while the masses suffer. 4. They influenced foreign investors into the country with their policies, but you came and with your mouth and lack of direction drove investors out of the country and the masses suffer 5. They established EFCC which you are now using as if you were the one that established it in order to pursue the 5% constituency 6. They almost eradicated Boko Haram who are now having field's day in your regime killing soldiers and capturing weapons and the masses suffer 7. They revived the rail system which you are going about begging China to invest in and continue. Yet you said they destroyed the country. Today without fuel, the masses suffer 8. They rehabilitated and constructed roads which you haven't done even a kilometer and the masses suffer 9. They eradicated fertilizers distribution middlemanship scam which is now existing in your regime and the masses suffer 10. They built universities, and other schools which apart from education, increased employment which you can't do. And the masses suffer 11. They upgraded some COE and other higher institutions into Universities which you reverted back and the masses suffer 12. They built IPPs and dams which you were going about commissioning without any plans to construct more but to destroy and probe while the masses suffer 13. They gave FOI and you are taking away press freedom and indirectly introducing your decree 4. And the masses suffers 14. They had 10 presidential jets which you are still enjoying far more than any other president with increased maintenance cost and the masses suffers 15. They created employment, you are sacking employed citizens and the masses suffer 16. In their time, Nigeria was among the fastest growing economy. In your regime Nigeria is the worse economy and the people suffers 17. Nigeria was making great foreign exchange from cassava, cocoa and other agricultural produce but now everybody is waiting for your non forthcoming policies and the masses suffers 18. Federal civil servants salaries were paid within the same month but now, if it's paid in 60 days, it will be announced as achievement and the masses suffers 19. Youths and women have increased numbers participation in governance but today, the government is for the aged and weak and the people suffer 20. Fuel was available at stable price but today, it's different even after money has been paid to subsidy cabal the masses suffers 21. Christmas period that prices of commodities were supposed to go up, came down in their regime but today things are 40% costlier and the masses pay for it dearly 22. Paying fees abroad was smooth but today, students are driven out of school because of government restrictions the masses suffers 23. The airports were made better which you enjoy yet you said PDP destroyed the country 24. Abuja is brought to its present state by this same PDP, I wish this old man could pick another village and develop it like Abuja. Etc. Yet, he and his people keep replaying the programmed statement '16 years of PDP misrule.......' Just last week I placed an advert for an Office Assistant for 3 days with WAEC as a maximum qualification but received over 20 application letters all with OND ready to receive the salary scale of a WAEC holder just because there is no job. Yet, he and his supporters who could not realize that 75% of their governors and other officials are the PDP they said destroyed the country. Meanwhile, all their actions today are centred on PDP policies and developmental actions. A time shall come when the reality these guys are dodging will catch up with them all, like always, we will be ready for their next line of blames. |
am interested but I need to know more about it. I live in kaduna state. is it possible for me to be a partner? |
atleast it was better they didn't kill anybody. if it were in the north I think the newsmedia would have been reporting number of people dead by now .I live in the north n I know that |
atleast it was better they didn't kill anybody. if it were in the north I think the newsmedia would have been reporting number of people dead by now |
ENUGU – Following ground swell protests at Ontisha, Anambra State and other states of the south-east geopolitical zone staged by members of the Movement for the Actualization of Sovereign State of Biafra, MASSOB, and the Indigenous People of Biafra, IPOB, last Tuesday, calling on the Federal Government to release their detained leader, Nnamdi Kanu, the two pro- Biafra groups, Wednesday, disassociated selves from acts of arson and violence that culminated in the razing down of Onitsha Central Mosque and burning of some vehicles. This came as the Inspector General of Police,Solomon Arase, warned that the Nigerian Police Force, NPF, will henceforth, arrest and prosecute persons found to be engaged in the breakdown of law and order by way of protests,especially in the old eastern region. It would recalled that over 40,000 members and sympathizers of MASSOB and IPOB, had last Tuesday,shut down commercial and business activities in the south-east geopolitical zone in an avowed stance for the creation of the sovereign State of Biafra hinged on perceived injustice,marginalization and neglect meted to the people of the region. In a statement made available to newsmen by MASSOB Acting Leader, Uchenna Madu which reads in part,”the setting of Ontisha Central Mosque,vehicles ablaze and making of burning fires which depicts violence are not done by the members of IPOB or MASSOB under my leadership. “This unwarranted acts of violence are perfected by hoodlums sponsored by agents of the Federal Government to create impression that non violence and peaceful pro-Biafra group have turned violent on our agitation for Biafra. Our oppressors are no longer comfortable. There is no evidence of terrorism in our protest. How can we now resort to violence now that we’re told that the presidency is about negotiating with leaders of pro-Biafra group? “With today’s killing of our members and injuring many with bullet shots,we are no longer comfortable with the presidency’s move for dialogue. Federal Government move for dialogue is hypocritical and deceitful. Any Igbo group,organization and persons negotiating,meeting or dialoguing with the presidency on our behalf without our consent or mandate should stop now. “MASSOB led by Uchenna Madu and IPOB led by Nnamdi Kanu have never mandated any person to negotiate for us. Even in this persecution,arrest,killings,clampdown, suppression against us by Nigeria Government,we shall continue and intensify our non violence agitation for Biafra. For Nigeria to release their Armed Forces against non violence,defenseless Biafra agitators shows their wickedness and the devilish mind of President Muhammad Buhari against our people. http://scannewsnigeria.com/news/burning-of-onitsha-mosque-was-carried-by-agents-of-federal-government-to-provoke-violence-say-massob-ipob/ |
tolustx:pls don't type what you don't know about. were you there? |
Austindark:pls don't type what you don't know |
jaybee:I don't believe that violence can resolve any problem but the way the government is handling the issue is not in the right direction. two wrongs can not make a right |
it is only a foolish man that goes to sleep while his house is on fire. |
Rexnegro:my Oga, but atleast they should be given a fair hearing. it is a solution to this problem we want so that everyone will live happily, if this people are aggrieved for whatsoever reason they should be allowed to voiced it out. remember Boko Haram started this way and now they are almost out of hand |
this case Shuld nt be handle this way Mr. president. he Shuld have engaged this people in a meaningful dialogue I am beginning to think Mr. buhari lacks diplomacy. |
APC-all problems continue |
but likeserious buhari need to wake up from his slumber |
lies!!! |
dgalon:six months too early huh? you don't know what hunger can cause. buhari should act fast if not very soon people will pelt stones at him |
fayose has said nothing but the truth. I keep liking this man |
na wa for our president |
Youths wing of the All Progressives Congress (APC) have come out to warn President Muhammadu Buhari and othet leaders of the party to put and end to the act of used and dumped of the youths, saying the era is over. The visibly angry youths led by the national youth leader of the party, Hon. Ibrahim Dasuki Jalo, asked the President to avail youths the opportunity to occupy leadership positions in his government The APC youth leader was speaking on Thursday in Abuja at a workshop organised for the APC youth by his office in collaboration with the International Republican Institute (IRI), with the theme: ”the role of youths in post-election era.” Jalo said: “There is this saying that the youth are leaders of tomorrow but in Nigeria today, the tomorrow seems endless. After all we are leaders of today not tomorrow because we have waited long enough and this tomorrow remains an elusive business. ”It is my opinion that the young people be given the opportunity to serve in leadership positions especially by this government because of the role they played in ensuring victory during the last election. Yet the young people are clouded, therefore the imbalance needs to be corrected,” he said. The youth leader said the workshop sought to proffer solutions on how the youth can leave the realm of ”active spectators to active players”. http://www.weeklypostng.com/2015/11/apc-youths-to-buhari-you-cant-use-and.html?utm_source=&utm_medium=facebook&m=1
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ffk is the man ![]() |
am tired of dis nonsense. by 2019 we shall defend our votes with our blood |
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