Connect with us

Business

Xmas: No Long Queues At Filling Stations – Ajumogobia

Published

on

We’ll try and make sure from the (Federal) Ministry of Petroleum Resources, Dr. Rilwanu Lukeman (the Minister) and myself – that there are no queues at the filling sations that people became used to several years ago, that resulted in people having a very bleak Christmas because instead of spending time with your family, you are spending time queuing at the filling station.”

This assurance was given by the Minister of State for Petroleum Resources, Hon. Odein Ajumogobia to Nigerians in an interview with The Tide in Abuja in reaction to long queues witnessed at some filling stations in Abuja.

Ajumogobia further assured: “We are doing everything in time to ensure that there is adequate supply of fuel. We are also doing what we can to ensure that people sell the product until such a time the market will be deregulated at the price that government has indicated and with the hope that we in the meantime will build the necessary stakeholders consensus on deregulation.”

The Minister was emphatic that the current situation of some filling stations in parts of the country where long queues are noticed will abate as the government is tackling the situation head-on to ensure no queue is seen at filling stations across the country throughout the yuletide season.

Ajumogobia who was speaking with The Tide after a tour of some filling stations in Abuja where long queues where noticed, including the NNPC mega station along Olusegun Obasanjo Way, Central Business District, blamed the situation on ‘hoarding’ of products and ‘inordinate ambition’ of some Nigerians to make profit at all cost, noting that government has risen to the challenge and would bring relief to motorists throughout the festive season.

“The queues you saw recently were not across the country, although I did see some media reports suggesting they were across the country; they were limited to Abuja. They arose out of a financial dispute between some members of the Petroleum Tankers Drivers’ Association and MTEL; and this led to an embargo of fuel into Abuja. But I am happy to say we were able to intervene and the embargo was lifted,” he said.

The Minister of State for Petroleum explained that the resurgence of the queues last week has been due to hoarding and corrupt tendencies where products have been loaded for distribution into Abuja but have been diverted and not been sold at filling stations in Abuja, adding that they discovered that the tankers often only offload part of their contents while holding on to the rest of it with the aim of profiteering. I think it is absolutely related to the marketers’ expectation of the removal of the subsidy and the deregulation of the market – people are, in anticipation of that, beginning to do what they often do at this time of the year which is to hoard and to try to make inordinate profit.”

He however added that due to the regulated nature of the market, only a few people have licences to import, so they control where their fuel goes and could easily exploit the situation to their advantage.  Ajumogobia assured Nigerians that government was doing its best to monitor and regulate, warning that “we will bring to book those who take advantage of their dominant position in the market place by terminating the privilege that a regulation policy confers on them.

He said, the refineries were not functioning presently as a result of “senseless vandalism – damage to the crude lines that feed them, a situation that made the nation to be 100 per cent dependent on importation.

“What government is doing is to issue licences to major marketers under pre-existing arrangement to supplement NNPC’s guarantee of adequate supply. NNPC is doing its own bit to ensure supply but we have to appeal to those who market the product not to exploit their fellow citizens by taking advantage of the fact of this festive season when demand typically goes up as a result of lots of people travelling,” he enthused.

Asked to state categorically if Nigerians should expect a hitch-free Christmas, in terms of the availability and purchase of petroleum products across the country, he snapped: “Yes, we are working to make it hitch-free. We are doing everything we can.”

Ajumogobia assured the nation further: “I think, this is the third Christmas that I would have in the saddle and I think Nigerians will testify that this will be the third Christmas that has been hitch-free from the perspective of fuel supply despite myriad challenges.

Last year, we didn’t have queues at filling stations, the Christmas the year before – 2007 – the same. We hope that this year will be the same.”

 

Justus Awaji, Abuja

Continue Reading

Business

USTR Criticises Nigeria’s Import Ban On Agriculture, Others

Published

on

The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the  Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.

Continue Reading

Business

Expert Seeks Cooperative-Driven Investments In Agriculture 

Published

on

A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.

Continue Reading

Business

NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

Published

on

The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.

King Onunwor

Continue Reading

Trending