Connect with us

Business

NUPENG Strike Worsens Fuel Supply In PH

Published

on

Petroleum products supply in Rivers State is now in crisis following the industrial action embarked upon by the National Union of Petroleum and Natural gas (NUPENG), Petroleum Tanker Divers (PTD) Port Harcourt Unit.
The union commenced its strike Thursday last week in protest against the deplorable condition of the Port Harcourt Refinery Road.
Tanker drivers blocked the refinery, depots and private tank farms in the state, making it impossible for dealers to buy from them.
The Tide reports that the strike has caused artificial scarcity and long queues on the few filling stations that have the products.
Investigation shows that a litre of DPK now goes for N140 while a litre of Petrol goes for N120 instead of N97.
Some drivers who spoke to The Tide yesterday lamented that the products are not there in the filling stations and that to buy from few ones selling has become very frustrating because of long queues.
Cletus Nwato said the stations have begun to hoard the products preferring to sell to the black markets for better profit.
One of the tanker drivers, Uwem Clifford recounted how a colleague lost 33,000 liters of fuel valued at N3.9 million on the road when his tanker fell and the products spilled off.
“On daily basis, our trucks get damaged”, he said, adding that on more serious occasions, both products and vehicle go in flames as a result of the bad refinery road”.
The Chairman of PTD, Port Harcourt Unit, Comrade John Amajioyi told The Tide yesterday in a telephone interview that the situation would remain as long as the refinery road remains in such poor condition.
It would be recalled that the union, last two weeks, threatened to declare industrial action if Federal Government does not fix the bad road.
In a similar view, the youths of Eleme, in Eleme Local Government Area of Rivers State also threatened few days ago that they would block entrances to the refinery and the multibillion Dollar, Onne Oil and Gas Free Zone which host hundreds of companies in the oil and gas sector.
Industry watchers have expressed concern that the crises situation might affect the 2014 International Trade and Investment Forum to be hosted this month by the Free Zone if urgent steps are not taken to address the agitations by PTD and Eleme Youths.

 

Chris Oluoh

Permanent Secretary Ministry of Information and Communications, Mrs Cordilia Peterside addressing participants during 2014 Skills Acquisition Programme organised by Divine Daughters of Destiny of Redemption Ministries, Port Harcourt, recently. With her is Pastor (Mrs) M. Akinola (left) and Pastor (Mrs) Briggs at the Ministry’s premises. Photo: Nwiueh Donatus Ken.

Permanent Secretary Ministry of Information and Communications, Mrs Cordilia Peterside addressing participants during 2014 Skills Acquisition Programme organised by Divine Daughters of Destiny of Redemption Ministries, Port Harcourt, recently. With her is Pastor (Mrs) M. Akinola (left) and Pastor (Mrs) Briggs at the Ministry’s premises. Photo: Nwiueh Donatus Ken.

Continue Reading

Business

Western Marine Command Intensifies Anti-Smuggling Operations … Intercepts N8.75m Worth PMS

Published

on

For officers and men of the Western Marine Command of the Nigeria Customs Service (NCS), the battle is not over until smuggling is over.
In the wake of Wednesday May, 8, 2024, the ever vigilant officers, acting on a tip-off, intercepted 177 sacks and 61 kegs of 25 litres containing petroleum products, valued at about N8.750,000million.
The items were intercepted along Isalu Creek, Badagry Waterway en-route Benin Republic.
While briefing newsmen, the Command’s Customs Area Controller, Comptroller Paul Bamisaiye, said: “This seizure is most economically significant to the Command at this period of scarcity of Petroleum Products, especially Premium Motor Spirit (PMS) in our cities, and shows the anticipatory posture in our response to economic saboteurs.
“At about 2:330hrs on Wednesday 8th May 2024, while on joint patrol by teams in the Command, credible intelligence was received of the movement of 2 boats laden with what was suspected to be petroleum products concealed in sacks. Upon receipt of the information, the team moved into Isalu creeks, Badagry waterway.
“On sighting the approach of the Officers, the smugglers took to their heels through the shore of the Creek. The loaded boats were then towed to the station at Badagry where preliminary examination was conducted and transferred to Western Marine Command Headquarters, Ibafon, Apapa, Lagos.
“Careful examination at the Command Headquarters revealed that the arrest was found to contain One Hundred and Seventy Seven (177) Sacks and Sixty One (61) Kegs of 25 Litres Premium Motor Spirit (PMS) containing Twelve Thousand Five Hundred (12,500) Liters with a total Duty Paid Value standing at Eight Million Seven Hundred and Fifty Thousand Naira (N8,750,000) only”.
Bamisaiye noted that the action of the smugglers is a contravention of Section 245 & 254 of the Nigeria Customs Service Act 2023 which the service, through Western Marine Command, is responsible for enforcing.
“The Command, under the leadership of Compt. PK Bamisaiye, is poised more than ever to rid the waterways of all acts of smuggling and economy sabotage for the benefit of the growth of economy of Nigeria”, he said
Bamisaiye said so far, no suspect was arrested in the Command’s anti-smuggling operations.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Business

Illegal PMS Trading Booms In Lagos

Published

on

Petroleum products  being sought by motorists have disappeared from virtually all filling stations within Lagos and its environs, but are now booming in business in retail outlets.
Investigations by our correspondent revealed that while the product could not be got at some of the petrol service stations, activities are in top gear in the local retail outlets where the price has gone beyond the reach of users.
It was also gathered that in some filling stations supplied with the products, preference are often given to retail outlet operators by petrol attendants against the consuming public.
A source, directly involved in the business, said some petrol dealers are cashing on the irregular supply to divert the products to retail outlets where they could easily make their gains.
It was also gathered that some sales representatives in the service of major oil marketing firms indulged in the diversion exercise because of their personal interest.
At the retail outlets a liter goes for N950,00 against the normal N760,to N800 at some stations.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Business

Customs Board Appoints Five DCGs, Eight ACGs

Published

on

The Nigeria Customs Service Board (NCSB) has confirmed the appointment of five Deputy Comptroller-Generals (DCGs) and eight Assistant Comptrollers-General (ACGs) of Customs during its 59th regular meeting.
The meeting, chaired by the Honorable Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, was held at the Nigeria Customs Service Headquarters in Abuja last Tuesday.
National Public Relations Officer of the Service, Chief Superintendent of Customs, Abdullahi Maiwada, who disclosed this in a statement yesterday, gave details of the confirmed appointments as: O.O. Peters (DCG /Commander, Training and Doctrine Command (rtd); B.M. Jibo (DCG Enforcement Inspection & Investigation); and B.U. Nwanfor (DCG Excise, Free Trade Zone & Industrial Incentives).
Others are: S.A. Bomia (DCG, Commander Training and Doctrine Command); and C.K. Niagwan (DCG, Tariff & Trade).
The Assistant Comptrollers General (ACGs) are: B. Imam (ACG Board); A.A.S. Oloyede (ACG, Trade & Tariff); S.K. Dangaldima (ACG/Zonal Coordinator, Zone ‘B’); A. Abdul Azeez (ACG/Zonal Coordinator, Zone ‘D’); S.A. Yusuf (ACG, Human Resource Development); N.P. Umoh (ACG, Training and Doctrine Command); C.O. Obih (ACG/Zonal Coordinator, Zone ‘C’); and S. Chiroma (ACG, Strategic Research and Policy).
The new appointments, according to the statement, were made to fill the vacancies created by some senior officers who recently retired from the Service, noting that the principles of federal character, seniority and merit guided the appointments approved by the board.
“These appointments are a testament to the officers’ exemplary services and dedication to the Nigeria Customs Service. The NCSB remains committed to providing strategic leadership to ensure effective and efficient service delivery for optimum performance”, he said.
While thanking the retired members of the management for their meritorious services, the Comptroller General of Customs, Bashir Adewale Adeniyi, congratulated the newly confirmed officers and charged them to redouble their efforts to ensure the service attains greater heights in its mandates of revenue generation, suppression of smuggling, and trade facilitation amongst others.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Trending