Connect with us

Business

Fuel: Minister Directs DPR, PPPRA To Sanction Erring Marketers

Published

11 years ago

on

L-R: Manager, Agriculture and Fisheries Sector, Institute of Export Operations and Management (IEOM), Mrs Ovueziue Elo, Market Development Officer, Pind Foundation, Mr Misan Edema-sillo, Executive Secretary Of IEOM, Mr Ofon Udofia and Assistant Manager, Bank of Industry, Mr Harrison Osauwagwe, at the 2015 Institution of Export Operations and Management Stakeholders Forum on e-Commerce Platform for Agric-Business in Port Harcourt, yesterday.

L-R: Manager, Agriculture and Fisheries Sector, Institute of Export Operations and Management (IEOM), Mrs Ovueziue Elo, Market Development Officer, Pind Foundation, Mr Misan Edema-sillo, Executive Secretary Of IEOM, Mr Ofon Udofia and Assistant Manager, Bank of Industry, Mr Harrison Osauwagwe, at the 2015 Institution of Export Operations and Management Stakeholders Forum on e-Commerce Platform for Agric-Business in Port Harcourt, yesterday.

The Nigerian National Petroleum Corporation (NNPC) has called on the public to shun panic buying and stock-piling of petrol, especially during the general elections.
This is contained in a statement by Mr Ohi Alegbe, Group General Manager, Group Public Affairs Department, NNPC, Abuja.
It stated that the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, had directed the regulatory agencies in the ministry to sanction any marketer found hoarding, diverting or selling products above regulated prices.
The agencies, it said, were Department of Petroleum Resources and the Petroleum Products Pricing Regulatory Agency.
The statement stated that the corporation had enough stock of the product to keep the country wet for two months.
It put the current stock of premium motor spirit (petrol) in its depots across the country at 1.9 billion litres.
It also appealed to petroleum tanker drivers, who had stopped hauling fuel from depots in the coastal states to the Northern part of the country, to return.
It explained that some drivers had expressed anxiety of being caught in unfounded fears of post-election violence.
It, however, stated that the corporation was working closely with security agencies to provide maximum security.
It also cautioned marketers to desist from capitalising on the situation to hoard and divert petroleum products, thereby subjecting Nigerians to unnecessary hardships.
The corporation urged members of the public to discountenance rumours or insinuations of petrol scarcity.
It stated that all issues relating to the importation of fuel by marketers had been resolved.
It stressed that the Petroleum Pipelines and Marketing Company (PPMC) had released a huge volume of petrol into the market.

Related Topics:
Continue Reading

Business

Kenyan Runners Dominate Berlin Marathons

Published

20 hours ago

on

September 22, 2025

By

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.

 

Continue Reading

Business

NIS Ends Decentralised Passport Production After 62 Years

Published

20 hours ago

on

September 22, 2025

By

The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
Continue Reading

Business

FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

Published

20 hours ago

on

September 22, 2025

By

The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
Continue Reading

Trending