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Fuel Scarcity Persists In Rivers, FCT Groans

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Pensioners at the Pension Transitional Arrangement Directorate Stakeholders Forum in Abuja last Thursday.

Pensioners at the Pension Transitional Arrangement Directorate Stakeholders Forum in Abuja last Thursday.

The scarcity of Petrol in Port Harcourt, the Rivers State Capital, has remained high since last week with some filling stations selling at between  N110.00 and N120 per litre as against the official pump price of N87.00 while most do not have product.
The situation is even worse at the outskirts of Port Harcourt city as marketers sell at between N120.00 and N130.00 per litre.
It would be recalled that scarcity of the product resurfaced in the state since last week Saturday thereby engendering panic buying by helpless buyers who have the fear that full scale scarcity night hit the state.
A motorist, Mike Odeh said he bought petrol yesterday at Eliozu in Obio/Akpor Local Government Area at the cost of N120.00per litre.
Another commercial bus driver, Zubi Iyke, who plies Port Harcourt/Yenagoa route, said he bought a litre of Petrol at N120.00 in Ahoada.
“The problem is that there is no product in most filling stations on the way. So, you have no option than to buy it at any price”, lyke said.
Investigation by The Tide shows that marketers have started to hoard the product in anticipation of more serious scarcity and pump adjustment has become a bizarre thing.
A reliable source close to some of the marketers disclosed to our correspondents that there might be imminent shortage of product across the nation as marketers are not comfortable with the official reduction from N97.00 to N87.00 and the consistent depreciation of Naira, Nigeria’s official currency.
He blamed the Department of Petroleum Resources (DPR) for not effectively monitoring the activities of marketers in the state.
“DPR in Rivers State feels less concerned while marketers embark on all sorts of fraud as selling above official pump price and adjustment of meters”, he said.
The source, who expressed worry at the attitude of DPR, said it takes serious monitoring to check the excesses of the marketers.
The Rivers State Commissioner for Energy, Hon. Okey Amadi blamed the Federal Government over the situation, saying the circumstances surrounding the price adjustment is responsible for the situation.
Meanwhile, the NNPC, yesterday, promised that it is working to ensure that the situation is addressed quickly and assured Nigerians that the fuel supply situation will improve in the coming days. The fuel crisis in Abuja worsened weekend, as many of the petrol stations across the Federal Capital Territory, FCT, were shut down, leaving motorists stranded.
This was in spite of claims by the Nigerian National Petroleum Corporation, NNPC, on Friday, that it is injecting about 688 million of Premium Motor Spirit, PMS, into the market. Motorists had to resort to the black marketý, where roadside petrol sellers now sell the commodity for as high as N250 per litre.
Spokesperson for the NNPC, Mr. Ohi Alegbe, said, “On Friday, we had stated that in 48 hours we will wet the market with 688 million litres of petrol. Distribution of products is by trucking. You will agree that it is some distance from the depots and tank farms in the south to the depots and retail outlets in the hinterland. Expectedly, the ýqueues should disappear before long.”
Alegbe blamed the scarcity oný panic buying by motorists and sharp practices by some retail outlets who are hoarding the commodity, thereby frustrating efforts to stem the scarcity.
He said the NNPC has informed the Department of Petroleum Resources, DPR, of the ýthese sharp practices by some petrol stations’ owners for adequate sanctions against them.
He said, “Panic buying has persisted in spite of our appeal to motorists. Secondly, some retail outlets are hoarding product by dispensing from only one pump head. We have reported some of them to the DPR and we believe appropriate sanctions will be meted out to them.
A source in the Department of Petroleum Resources, DPR, disclosed that the scarcity currently being experienced in Abuja is as a result of panic buying and not because of non-availability of petrol.
According to the source who spoke on the condition of anonymity, DPR officers ýin depots across the country and even in the FCT have been sending in reports of availability of the commodity at the various depots and liftings by trucks to various petrol stations.
“The DPR had also had discussions with a number of petrol stations’ owners who told us that the long queues is as a result of panic buying. A particular owner of one of the petrol stations told us that he received a tanker load of fuel on Friday morning and is expecting to receive another consignment of the product before the end of the day. So, it is evident that the product is not scarce, just people buying the commodity out of fear of the unknown,” the source said.
In addition, the source urged motorists to avoid panic buying as there are large quantity of the products in depots across the country.
ýAlmost all the petrol stations in Wuse, Maitama, Nyanya, Abuja – Keffi expressway, Asokoro, Jabi, Gwarinpa, Kubwa Expressway, Airport Road among others were closed while the few that were selling had long queues of motorists to contend with.
Some residents said they had to abandon their vehicles at home throughout the weekend, hoping to conserve the little fuel they had for their journey to their various offices during the week.
Some of the respondents called on the Federal Government to intervene urgently and bring the situation under control, before it escalates.
ýThe crisis had started on Thursday when long queues resurfaced in petrol filling stations in Abuja, over rumour of an impending scarcity of the product earlier in the week.
The rumour of the impending scarcity was hinged on the debt owed marketers by the Federal Government, a development which was claimed has made it impossible for the marketers to import the commodity.
However, to forestall the crisis in the sector, the Federal Government quickly stepped in and promised to pay off about N264 billion between now and end of March, as subsidy reimbursement applications submitted to marketers as at end of January 2015.
The sum comprises 2014 outstanding debts of N164 billion in addition to N100 billion derived from foreign exchange and bank interest charges.
The decision to pay the debts was arrived at a crucial meeting with the Ministries of Finance, Petroleum Resources, the Central Bank of Nigeria, CBN, and oil marketers in Abuja on Monday at the instance of the Minister of Finance, Dr. Ngozi Okonjo-Iweala.

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Bonny-Bodo Road: FG Offers Additional N20bn, Targets December Deadline

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The Federal Government has agreed to offer additional N20.5 billion for the completion of the Bonny-Bodo road project in December.
The government, however, said if the construction company, Julius Berger, was not ready to accept the offer, the contract will be terminated.
Minister of Works, David Umahi, said this during a meeting with the Managing Director of Julius Berger, Lars Ritcher and members of Bodo-Bonny Road Peace Committee, on Wednesday in Abuja.
The reports that Julius Berger had requested asking for a N28 billion variation on the 82 per cent completed project.
The company hinged its request on the rise in exchange rate, construction materials, and diesel among others.
Umahi, however, said the government was willing to provide N20 billion out of the N28 billion that Julius Berger requested for.
According to him, the Bonny-Bodo road contract which was initially awarded at the cost of N120 billion in 2015, was later varied at N199 billion with a completion dateline of December 2023, which has since elapsed.
The Tide’s source recalls that in 2017, an agreement between the Federal Government, Nigeria Liquefied Natural Gas (NLNG) and Julus Berger on modalities for funding the project cost of N199.923 billion, without any further increase.
“If you do not accept the Federal Government’s offer by Friday and resume work on the site, the previously expired 14-day ultimatum for termination of project will be enforced.
“I want to let you know that we are the client. No contractor will dictate for this ministry, and there is no job that is compulsory that a particular contractor must do.
“We give you an offer. If you do not like the offer, you walk away. You don’t force us or we don’t force you.
“Agreement of contractual relationship is a mutual understanding,’’ the minister said.
Umahi said that had Julius Berger adhered to the project timetable, the project would have been completed on schedule before the impact of foreign exchange.
“Our position is very simple, we reject the conditions of Julius Berger totally and we ask Berger to please go back to the site to complete the project based on our offer.
“Our offer is unconditional and we say, accept or reject, so you cannot subject our offer to your conditions ,’’ he added
Umahi said the company should be humble in its dealings and exhibit solidarity during challenges.
Earlier, Richter had explained that the company suspended work on the site to seek some clarifications from the ministry.
According to him, the company asked for the augmemtation of N28 bilion because as at the time the contract was awarded the exchange rate was N305 to a dollar and diesel was N350 eor litre.
“We will still require some outstanding materials; that means that the initial agreement can’t fly because the variation of project is not sufficient and the exchange rate is also not in our favour to compensate the additional costs.
“That is why we decided to go back to our original proposal of the augmentation. Augmentation is a very normal process for all contracts,” the managing director said.
Chief Abel Attoni, Palace Secretary, Bonny Kingdom, expressed gratitude to President Bola Ahmed Tinubu over the decision to complete the Bodo-Bonny road project.
Attonu urged the parties to be patriotic and make the necessary sacrifice for the actualisation of the project.

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Court Vacates Arrest Warrant Against Ehie, Five Others

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The Federal High Court, sitting in Abuja, yesterday, set aside the warrant of arrest against Rt. Hon. Edison Ehie, the Chief of Staff, Government House, Rivers State, and five others.
Justice Emeka Nwite stated this while delivering his ruling in an application seeking to vacate the warrant of arrest which he issued on January 31, 2024.
The Judge said he was misled by the police in ordering the arrest of Ehie in connection with the burning of the Rivers State House of Assembly on October 30, 2023.
The Police, had told the court that Ehie and five others masterminded the bombing of the Rivers State House of Assembly amid a plot to impeach Rivers State Governor, Siminalayi Fubara.
The five others are Jinjiri Bala, Happy Benedict, Progress Joseph, Adokiye Oyagiri, and Chibuike Peter, alias Rambo.
Justice Emeka Nwite while setting aside the warrant said it has now become a mere academic exercise.
The judge further granted same to the 2nd to 5th Defendant/Applicant in same suit.
Femi Falana, SAN, and Oluwole Aladedoye, SAN, who appeared for the defendants in separate suits, held that the court lacked the jurisdiction to have granted the order.
While Falana filed a motion seeking an order to set aside the January 31 order by Justice Nwite, Aladedoye applied for a stay of execution of the arrest order.
In a motion marked: FHC/ABJ/CS/112/2024 dated February 2 and filed on February 7 by Falana, Ehie sought two orders, including “an order setting aside the order made on January 31 for want of jurisdiction.
“An order of this honourable court staying the execution of the order made on the 31st January 2024, pending the hearing and determination of this application.”
Giving six grounds of argument, Falana argued that the complainant had not filed any criminal charge or motion before the court.
The senior lawyer argued that the court lacked the territorial jurisdiction to entertain the ex-parte application as the alleged offences of conspiracy, attempted murder, murder and arson took place in Port Harcourt, the state capital.
“He submitted that the court lacked the vires to grant an application to arrest and declare his clients wanted in respect of the alleged offences.
“The complainant/respondent (IG) did not adduce evidence of terrorism in the affidavit in support of the application.
“The complainant/respondent did not cite any section of the Terrorism Prevention Act, 2013 (as amended) alleged to have been contravened by the applicants,” he argued.
Aladedoye in a motion on notice dated and filed February 9, on behalf of the five defendants, sought two orders, including
“an order staying execution or further execution of the order(s) of this honourable court made on the 31st of January, 2024, pending the hearing and determination of the appeal filed by the applicants.
“An order of injunction restraining the complainant from carrying out or further carrying out the orders of this honourable court made on the 31st January 2024, pending the hearing and determination of the appeal filed by the applicant in this case.”
Giving a three-ground argument, Aladedoye said that a notice of appeal had already been filed against Justice Nwite’s orders.
According to the senior lawyer, the notice of appeal contains grounds that challenge the jurisdiction of the honourable court.
The Inspector-General had, in a charge marked: FHC/ABJ/CR/25/2024, arraigned the defendants on a seven-count criminal charge bordering on terrorism and murder.

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13 Students Bag First Class, 182 PhD As IAUOE Graduates 5,550, Today

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The authorities of Ignatius Ajuru University of Education (IAUOE), Rumuolumeni, in Rivers State, have stated that 13 students will be graduating with first class while 182 graduands will bag Ph.D during the 42nd convocation ceremony of the university billed to hold today and tomorrow.
The Acting Vice Chancellor of the University, Prof. Okechuku Onuchuku, disclosed this during pre-convocation press briefing held in his office, yesterday, to unveil the programme for the convocation ceremony.
Onuchuku said that the 13 students were among the 4,653 graduands expected to graduate for the 2022/2023 academic session with first degree, while 897 students will be graduating with postgraduate degrees.
The Acting Vice Chancellor while giving the breakdown stated that 13 students made first class, 890 students bagged second class upper while 2,739 students had second class lower for first degree.
He further stated that 182 graduands bagged PhD, 667 got master’s degree and 48 got postgraduate diploma, adding that the convocation ceremony will hold today and tomorrow for first degree graduands and postgraduate graduands respectively.
He said that a total of 47 programmes out of the 54 programmes being undertaken at the first degree levels had been given full accreditation by the National University Commission (NUC) as well as all the programmes at the postgraduate school.
“We have ensured that our programmes both at the first degree and post graduates are in line with the NUC stipulated guidelines and speculations. We have also ensured that we are in line with both our academic and administrative policies,” he said.
Prof. Okechukwu urged the graduating students of the institution to always remember to use thier positions to help their alma mater as well as project the institution in a good image in the larger society.
“Try to ensure you finish any project you want to do, evaluate it first and avoid unfinished or abandoned projects. We will be graduating first degree graduands on Friday while Saturday will be for postgraduates, “he added.
Prof. Onuchukwu also said his administration had achieved a lot since he assumed office as Acting Vice Chancellor, stressing that his administration had improved on the welfare of the staff and the students.
“There are a lot of projects completed in the school; we have also given scholarship to some students and also encouraged departments to do same. We also impacted positively on our host communities”, he said.

Akujobi Amadi

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