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Easter: NNPC Pledges Adequate Product Supply …As Scarcity Of Fuel Persists In PH

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The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration even as residents of Port Harcourt, the Rivers State capital, and its environs are currently experiencing fuel scarcity as long queues have returned to filling stations.
The Group Managing Director of the corporation, MrMaikantiBaru gave the assurance yesterday in Enugu at the ongoing 30th Enugu International Trade Fair.
Baru said that the NNPC would provide petroleum products to all parts of the country.
He said that no fewer than 55 depots across the country were fully stocked with petroleum products, including Premium Motor Spirit (PMS).
“To make the Easter holidays pleasurable, the NNPC has put all the necessary arrangements in place to berth two vessels of 50 million litres of petrol daily.He said: “I am delighted to inform you that NNPC has ensured that all the nook and crannies of the country are kept wet with Petroleum products. As I speak, on fewer than 55 depots across the country are fully stocked with petroleum products including premium motor spirit otherwise called petrol. These depots include 23 in Lagos, seven in Port Harcourt, 11 in Warrior, 6 in Calabar and 8 in Kaduna.
“Also to make the Easter holiday that is fast approaching pleasurable, NNPC has put all the necessary arrangements in place to berth two vessels of 50million litres of petrol daily.
Baru who was represented by AniboKragha, NPC Chief Operating Officer, Refineries and Petrol Chemicals cautioned depot owners or terminal operators against selling petrol above the official ex-depot price of N133.28 noting that price of petrol remains N145 per litre in the country.
“Any station which sells the product above the regulated price should be reported to the Department of Petroleum Resources (DPR), the Industry regulator or to any law enforcement agency,” he urged.
“I caution depot owners or terminal operators against selling petrol above the official ex-depot price of N133.28k per litre.
“Consumers of the product should be informed that the price of petrol in the country remains N145 per litre,” he said.
Baru warned that any station that sold the product above the regulated price would be reported to the Department of Petroleum Resources (DPR).
Motorists in Port Harcourt are made to spend several hours on the queues before buying petrolsince Monday this week.
The scarcity has led to less traffic on the road, making school children and other passengers to face serious difficulties going about their businesses.
Motorists who could not wait patiently for their turns now patronised black-marketers, buying petrol at N250 per litre while some filling station have begun to sell the product at N150 and above using hand calculators.
The cost of transportation within the city had also risen due to the situation.
A N150 taxi fare for some destinations went up to N300 while bus charges for a distance which used to be N50 is now N100.
A commercial bus driver, Levi Okorie, said that the government should not allow the situation to linger for a long time.
Jacob Nze, a taxi driver, said that the difficulties faced by the citizenry during petrol scarcity period are indescribable.
“Government should do something quickly; this is having negative effects on all of us,” he said.
Also speaking, another commercial driver, Isaiah Jaja, said that the situation would affect productivity in places of work.
There are reports that the current scarcity is caused by non-importation of products due to the government’s failure to remit funds.
As of 10am yesterday morning, most of the filling stations were still locked up as the owners refused to sell, hoping that the scarcity would force an increase in the pump price of petrol.
At the Karibi filling station on Iwofe Road in the Obio/Akpor Local Government Area, fuel was sold at the normal price as the queue continued to build up.
A commercial tricycle rider, who identified himself simply as James, told our correspondent that the scarcity was as a result of the rumour that the depot in Port Harcourt was no longer distributing fuel.
“Immediately the rumour got to these fuel dealers, they began to close their filling stations. The few ones that opened did not believe the rumour. That is what is causing this scarcity,” James stated.
When contacted, the Media Officer, Port Harcourt Refining and Petrochemical Company, IkennaOkpani, said he was not aware of any fuel scarcity, adding that there was no reason for dealers to close their fuel stations.
“I am not aware that there is any fuel scarcity. There is no reason for such because from our end here, we are producing,” Okpani said.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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