Business
Marketer Wants Special Depots For Petroleum Products Lifting
A petroleum products
marketer, Mr Victor Etefia, has urged the Federal Government to designate some private depots in Akwa Ibom State for the distribution of petroleum products.
Etefia, a former Chairman of Independent Petrleum Marketers Association of Nigeria (IPMAN), Akwa Ibom branch, made the appeal in an interview with The Tide in Eket.
Etefia said that the measure would complement the services rendered by the five NNPC depots in the state.
The Federal Government should designate some private depots to augment the services rendered by the NNPC depots. Government depots alone cannot cope with the business.
“The consumption rate of petroleum products in Nigerians is very high. The NNPC depot in Calabar is very small and cannot satisfy the demand in the South-South, let alone other areas.
“Etefia said the depots in Cross Rivers, including 15 private ones were inadequate to service Akwa Ibom and other states in the South-South geo-political zone.
He called on the Federal Government to make the products available to the marketers, saying that was the only way to ensure total compliance with the official pump price.
“Government should also put other measures in place to ensure that the designated depots comply with the regulated price regime.
“Products that are sourced from the secondary marketers are not what you can sell at the government approval price.
“A situation where marketers stay for two to three months before getting supply cannot guarantee availability, no matter the pressure government mounts on them.
According to him, government should be proactive in addressing the challenges in the downstream sector of the petroleum industry.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
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