Oil & Energy
PH Tank Farm: Residents Decry Traffic Obstruction
Some residents of Port
Harcourt City have expressed concern over traffic obstructions by petrol tanker drivers who load products from Eagle Island tank farm in the city.
Some of the residents who spoke to The Tide on the development condemned the hardship being suffered by motorists and pedestrians especially on Ikwerre Road and UTC Junction axis of the Nnamdi Azikwe Road to the Isaac Boro Park fly over.
Chidi Amadi, a bus driver, said each time the tankers come to load from the petrol tank farm at Eagle Island, they block Ikwerre Road from Education Bus Stop to the tank farm near Port Harcourt wharf and stretch to UTC axis to the Mile I flyover.”
Amadi lamented that the tanker drivers were always reckless in their use of the road and called on the government to check such unruly usage of public roads.
Another respondent, Chief Christopher White also expressed disappointment at the danger caused on the road each time the petrol trucks come to load products from the farm.
“I know that petrol is very important to all but there ought to be order and decency in the way and manner businesses should be run in the society”, he said and appealed to the authorities of the tank farm and the Rivers State Government to check the situation.
“They drive against traffic and scale the safety demarcation between the road lanes causing damages on the road and putting lives of other road users in danger”, said Chukwuemeka, a trader at Education Bus Stop.
Mr Austine Jacob, another taxi driver who plies Mile I to RSUST also condemned the attitude of the tanker drivers. “Are they above the law? he queried.
They threaten everybody with their trucks and park wherever they choose to park even in the middle of the road as if the road is their private property and other people do not matter. They cause hold-up and frustrate movement.”
He expressed surprise that the Rivers State Government has kept mute over the incursion and appealed for government’s intervention.
In a similar development, the Senior Staff Association of Communication, Transport and Corporation (SSACTAC), Nigerian Ports Authority (NPA) branch has called on the federal and Lagos State Governments to ban the movement of petroleum products-laden trucks and container trucks from street and residential areas in Lagos.
The association’s secretary, Comrade Akin Leosho, said activities of the tanker drivers on the Apapa-Oshodi express way had become a major headache to road users.
He urged government to stop construction of warehouses and conversion of existing structures into warehouses within streets and around residential areas and expressed disappointment that it is only in Nigeria that trailers laden with containers as well as petroleum trucks enter the streets.
He said even America which has higher number of articulated trucks engaging in petroleum products distribution than Nigeria yet they are not usually notices on the roads.
“You hardly see them because they are restricted, they carry the cargoes more at night. Secondly, their roads are very good and trailers don’t ply major highways, they have their own route, but in Nigeria everything goes”, he said.
The SSACTAC secretary called on government to fast-track the construction of pipelines to ensure proper movement and distribution of petroleum products in the country.
Chris Oluoh
Oil & Energy
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Oil & Energy
Power Supply Boost: FG Begins Payment Of N185bn Gas Debt
In the bid to revitalise the gas industry and stabilise power generation, President Bola Ahmed Tinubu has authorised the settlement of N185 billion in long-standing debts owed to natural gas producers.
The payment, to be executed through a royalty-offset arrangement, is expected to restore confidence among domestic and international gas suppliers who have long expressed concern about persistent indebtedness in the sector.
According to him, settling the debts is crucial to rebuilding trust between the government and gas producers, many of whom have withheld or slowed new investments due to uncertainty over payments.
Ekpo explained that improved financial stability would help revive upstream activity by accelerating exploration and production, ultimately boosting Nigeria’s gas output adding that Increased gas supply would also boost power generation and ease the long-standing electricity shortages that continue to hinder businesses across the country.
The minister noted that these gains were expected to stimulate broader economic growth, as reliable energy underpins industrialisation, job creation and competitiveness.
In his intervention, Coordinating Director of the Decade of Gas Secretariat, Ed Ubong, said the approved plan to clear gas-to-power debts sends a powerful signal of commitment from the President to address structural weaknesses across the value chain.
“This decision underlines the federal government’s determination to clear legacy liabilities and give gas producers the confidence that supplies to power generation will be honoured. It could unlock stalled projects, revive investor interest and rebuild momentum behind Nigeria’s transition to a gas-driven economy,” Ubong said.
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