Business
Strike: PPPRA Assures Nigerians Of Petroleum Products Availability
The Petroleum Products
Pricing Regulatory Agency (PPPRA) has directed petroleum marketers to sell products from all pumps at their respective stations and at the approved pump price of N97 per litre.
This is contained in a statement issued in Abuja recently by PPPRA Executive Secretary, Mr Farouk Ahmed.
Ahmed, who assured Nigerians of petroleum products availability, warned that any marketer who violated this directive risked being sanctioned.
The executive secretary said there was sufficient Premium Motor Spirit (PMS) in the country to guarantee uninterrupted fuel supply.
He said the Nigerian National Petroleum Corporation (NNPC) and other oil marketers had adequate products in stock to last the festive season and beyond.
Ahmed gave the assurance following the panic buying among motorists which was occasioned by fears that the on-going industrial action by oil workers’ unions (PENGASSAN/NUPENG) might lead to product scarcity.
“We wish to re-assure Nigerians that there is steady supply of products and the trend shall continue as the government is in discussions with the unions to address their grievances.
“The PPPRA’s national petroleum products stocks data indicate that the country has been consistent with building the land and marine-based stocks, which today stand at over 40-day sufficiency.
“In addition, more vessel nominations are being handled by the agency to discharge products at various depots across the country,” he said.
He said that the PPPRA had consistently, within the last four years, guaranteed uninterrupted products supply.
Ahmed reassured Nigerians that the agency remained resolute in its mandate to ensure adequate products supply and distribution nationwide.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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