Connect with us

Featured

FG, Marketers Trade Blame : Pump Price Now N300 In Rivers …NNPC Is Lying, Petrol Not In Our Tanks – DAPPMA …Its FG’s Christmas Gift To Nigerians -Rivers PDP

Published

on

Despite the Federal Governments’ efforts to ameliorate the pains, hardship and suffering of motorists in getting access to affordable Premium Motor Spirit (PMS) otherwise called petrol at filling stations across the coutry, the situation has remained unabated as The Tide investigation revealed.
To make the matter more complicated, the Depot and Petroleum Products Marketers Association (DAPPMA) yesterday, expressed concern over the inability of Nigerian National Petroleum Corporation (NNPC) to send petrol to its members’ depots.
DAPPMA’s Executive Secretary, Mr Olufemi Adewole in a statement in Lagos, yesterday urged NNPC to help the Association so as to alleviate the suffering of Nigerians.
“Our members’ depots are presently empty. However, if the PPMC/NNPC can provide us with petrol, we are ready to do 24-hour loading to alleviate the sufferings of Nigerians and for the fuel queues to be totally eliminated.
“We, petroleum products marketers, do empathise with all Nigerians who are going through difficulties at this time by spending hours on fuel queues because of the current fuel scarcity due to no fault of theirs.
“DAPPMA members import about 65 per cent of the nation’s total fuel consumption, Major Oil Marketers Association of Nigeria (MOMAN) imports about 15 per cent and PPMC/NNPC import the balance of 20 per cent.
“However this scenario changed drastically due to several challenges faced by marketers,’’ he said.
The DAPPMA official claimed that their members pay PPMC/NNPC in advance for petroleum products.
He said fully paid-up petrol orders which have neither been programmed nor loaded is in excess of 500,000MT (about 800,000,000 litres).
“As at today, there is enough petrol to meet the nation’s needs for 19 days at a daily estimated consumption of 35,000,000 litres.
“Sadly, some people have blamed marketers for hoarding products. Unfortunately, this is far from the truth.
“Hoarding is regarded as economic sabotage and we assure all Nigerians that our members are not involved in such illicit act.
“While all kinds of allegations have been made in the media, it is important to set the records straight, as Nigerians first, and as responsible business men and women who employ Nigerians.
“As it stands today, NNPC has been the sole importer of PMS into the country since October,’’ Adewole said.
He said the current import price of petrol is about N170 per litre, with NNPC, which absorbs the attendant subsidy on behalf of the Federal Government, as the importer of last resort..
Adewole said the exchange rate of the dollar to the Naira is N306 for petrol imports and the interest rate Nigerian banks charge is above 25 per cent.
“The international price of petrol went up during the period of Hurricane Katrina and it has not dropped below USD$600/MT since then
“Landing cost of PMS in Nigeria is above N145 per litre which means any of our members that imports will have to resort to subsidy claims, a policy already jettisoned by the government.
“It is on record that any time NNPC assumes the role of sole importer; there are issues of distribution, because it is marketers who own 80 per cent of the functional receptive facilities and retail outlets in Nigeria.
“While we cannot confirm or dispute NNPC’s claim of having sufficient product stock, we can confirm that the products are not in our tanks and as such cannot be distributed.
“If the products are offshore, then surely it cannot be considered to be available to Nigerians,’’ he said.
Adewole however assured that fuel marketers remain committed to the progress of the nation and its citizenry as therein lies their own profitability and fulfillment.
In Rivers State, long queues were still witnessed across filling stations in the state. A visit by our reporter to Bori in Khana Local Government Council on Christians Day revealed that motorists buying petrol at N300 per litre at the Barbizon filling station.
Speaking to The Tide, Mr Baride Leezor, a motorist said he has no option than to buy at that rate to fill his car tank and transport passengers to Port Harcourt from Bori.
Manager of the filling station, Mr ThankGod Kpeewa, said that the marketers are not to be blamed, rather the Nigeria National Petroleum Corporation (NNPC) should be held responsible for the scarcity being experienced across the country.
He said that petroleum products, are now available at the Port Harcourt Refinery Alesa-Eleme for loading, stressing that independent marketers are struggling to get product from private tank farms.
At Bluebet Filling Station on the Bori-Eleme Expressway, the story was the same as motorists were buying fuel at N300 per litre, even as The Tide saw that many filling stations were closed down.
When The Tide visited the Saba Filling Station was selling the petroleum product at N250, per litre, also Liopec filling station on Oyigbo Road sold at N250, per litre.
However, the NNPC Mega filling station was selling at N143 per litre.
A motorist, Mr Ibe Emmanuel who speak to our correspondent said he came to the station since 4.30am to queue till 10.30am when he eventually bought the product.
Ibe called on the authorities concerned to come out with a better policy of handling the situation as Nigerians were going through pains, and hardship during Yuletide.
A litre of fuel now sells for N250 in most filling stations owned by the independent petroleum product marketers in Enugu and environs.
The Tide source who visited the filling stations in the city on Sunday observed that the product was sold for N250 per litre.
It was however observed that the product was available in abundance in the filling stations though sold above the government regulated price of N145 per liter.
The Tide source said that the product was still sold for the official price of N145 a litre in Total, Oando and NNPC filling stations as well as the filling stations of other major marketers.
The Manager of one of the independent marketers’ filling stations in New Layout, Mr Chidi Ugwu, said the increase in price was due to the recent difficulty in getting the product from the Port Harcourt depot.
“When the supply at the Port Harcourt depot normalises, the price will gradually return to normal,’’ Ugwu assured.
In its reaction, the Peoples Democratic Party (PDP), in Rivers State, described the hike in petroleum price and its immediate effect of increase in transportation fare, as the Christmas gift which the All Progressives Congress (APC)-led Federal Government has given to Nigerians.
This was just as travellers in the state for the Yuletide had expressed frustration caused by the hike in fuel pump price and the 100 percent increase in the transportation.
Rivers State Publicity Secretary of PDP, Samuel Nwanosike, who spoke yesterday in Ikwerre Local Government Area of the state, on the heels of the hike, said the fuel crisis witnessed across the country was a calculated attempt by Federal Government to punish Nigerians during the festive period.
Nwanosike said: “The long queues we see today at our filling stations, and the hike in the price of fuel and increase in transportation, are indications that this present administration has failed Nigerians.
“After Nigerians voted for them, they have given us pain and hardship as gift when we are to celebrate. There is hunger and suffering in the land and the people are not happy. Nigerians are hungry and in pain”.
He, however, noted that the economy of the State needs serious attention and commended Governor Nyesom Wike, for being prudent in the management of resources.
According to him, Governor Wike has brought tremendous infrastructural development across the State, with people-oriented projects.
Meanwhile, Nigerians have called on President Muhammadu Buhari to deal decisively with those responsible for the current scarcity of petrol.
Some of the Nigerian, who took to their twitter handles, prayed the president to punish those who, by their actions or inactions, caused the ongoing scarcity.
Replying to a Christmas Day message from President Muhammadu Buhari on his twitter handle @MBuhari, some of them particularly called on the president to sack any of his appointees responsible for the ongoing hardship.
Buhari on Christmas Day wrote on his handle: “I wish all Nigerians Happy Christmas celebrations.
“As I noted yesterday, the fuel scarcity that has caused many of you to spend this period on fuel queues is deeply regretted. All relevant agencies of government are working round-the-clock to bring relief to you.
But his message was greeted with negative replies, some calling for his resignation as petroleum minister, urging him to reshuffle his cabinet and take on more productive ministers.
They urged Buhari to quickly do something to redeem his government and the ruling All Progressives Congress (APC) in line with all its campaign promises.
A twitter user, Victor Lawal, with handle @Vlawal, said that the president should stop apologising for the long queue occasioned by petrol scarcity and sack non-performing appointees.
“Oga please stop giving excuse. Who have you fired? The #FuelScarcity is primarily a failure of your government and until heads roll, I have stopped taking you serious. No difference between you and previous governments.
For Charles Ameh, with twitter handle @engrameh, he believed that the only solution to the problem of scarcity of petrol was for there to be consequences for failures.
She wrote: “How can the country move forward when there is never consequence for failure and ineptitude? How many Ministers have really delivered in their role?
“Under your government, the consequence for failure is to keep the job and keep failing. This is shameful.
Another user who goes by the name Process Advocate on twitter also reiterated that there was need for non-performing employees and appointees of the president to be sacked.
She wrote: Baba, we voted for you to change the way things are done in NIG. You have indolent and incompetent array of staff, but can’t change them. Your appointees mess your government up but it’s ok by you. No price for incalculable damage they do. We can no longer defend these.
For another user Oluwatobi John, he prayed the president to make the agencies work by setting up effective rewards and punishment systems.
Sir, please make these agencies work. Let’s have true consequence or reward system in this country. Some persons are responsible for our pains at the moment, so let us see someone or some individuals punished for this troubles.

 

Philip Okparaji

Continue Reading

Featured

Fubara Restates Commitment To Peace, Development …Commissions 10.7km Egbeda–Omerelu Road

Published

on

Rivers State Governor, Sir Siminalayi Fubara, has declared that his administration will ensure the delivery of developmental projects and the prevalence of peace in all parts of Rivers State.

The Governor emphasized that the achievement of these lofty ideals can only occur through the unwavering contributions of all Rivers stakeholders.

Speaking during the commissioning of the 10.7-kilometre Egbeda–Omerelu Road constructed by his administration, the governor said Rivers State can only move forward when its people choose unity over division.

He assured Rivers people that development projects would reach every part of the State but cautioned that progress cannot thrive where conflict persists.

Reflecting on the project, Governor Fubara recalled that the road was a promise he made during the inauguration of the first phase about a year ago.

“We made a promise that we were going to do this project, and today I am happy that the government has fulfilled that promise made to Emohua people, Egbeda community and Omerelu people,” he said.

He noted that the essence of governance is service to the people, adding that responding to their needs is a core responsibility of any administration.

“We decided to do this because you know where we are coming from, and if we don’t tell our story, many won’t know what we are doing. Even in the face of tribulations, we have remained focused on delivering the dividends of democracy. We will continue to serve our people with respect and honour,” he affirmed.

Governor Fubara also reiterated his support for President Bola Ahmed Tinubu, pledging to back all groups working towards securing the President’s victory in 2027.

Giving technical details of the project, the Permanent Secretary of the Ministry of Works, Dr. Austin Ezekiel-Hart, explained that the contract was awarded on October 27, 2024, to Messrs Johnson Roadworks Limited.

He said the road links communities in Emohua and Ikwerre LGAs and shortens travel time for motorists commuting from Ahoada East, Ahoada West and Omoku through Egbeda to Owerri in Imo State.

He added that the infrastructure features a 12-metre clearing width and an 8-metre asphalt surface, comprising a 50mm binder course and a 40mm wearing course. It is complemented by 24 kilometres of drainage channels with a 1.05m² cross-sectional capacity to ensure durability and efficient water flow.

In his remarks, the Chairman of Emohua Local Government Area, Dr. Chidi Lloyd, described the road as a crucial link for surrounding communities, significantly easing movement for residents.

He praised the governor for demonstrating continuity and consolidation and prayed for God’s strength to enable him to achieve even more for the people.

 

 

Continue Reading

Featured

Oil & Gas: Rivers Remains The Best Investment Destination – Fubara

Published

on

Governor Siminalayi Fubara says Rivers State remains the best investment destination for investors in the oil and gas sector.

Governor Fubara stated that since the economic development of Rivers State is closely connected to the growth of the oil and gas industry, his administration has continued to collaborate with the Federal Government and host communities to protect natural assets in the sector.

The Governor stated this during the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation Oil and Gas Roundtable in Port Harcourt.

Represented by the Secretary to the State Government, Dr. Benibo Anabraba, he pointed out that since the economy of Nigeria relies substantially on the oil and gas sector, his administration will continue to collaborate with relevant stakeholders to ramp up production.

“The Nigerian oil and gas sector is the lifeblood of our nation’s economy, contributing over 90% of Federal Government’s foreign exchange earnings. Similarly, Rivers State, home to numerous national and multinational oil and gas companies, is the centre of Nigeria’s hydrocarbon industry, with the State’s oil and gas resources generating over 40% of the country’s revenue.

“?Considering this, the survival and economic development of Rivers State are closely connected to the growth of the oil and gas industry. That is why, since the beginning of this administration, we have focused on safeguarding the national oil and gas assets in collaboration with the Federal Government, security agencies, communities and other stakeholders, and we will maintain this commitment for as long as it is necessary.

“Furthermore, we have established and maintained a conducive, peaceful, and secure environment for companies to open and flourish in the State as part of a strategic plan to stimulate our economy, generate jobs, and enhance the well-being of our citizens.

“We therefore recognise and applaud the vital role that indigenous companies are currently playing in bridging gaps and advancing the development of Nigeria’s oil and gas industry,” he stressed.?

Governor Fubara affirmed that Nigerian-funded companies can only succeed and make meaningful contributions to the nation’s economic prosperity when challenges that limit the nation are effectively tackled, and expressed his administration’s stand to support indigenous organisations such as the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation.

Declaring the roundtable open, the Governor assured the Nigerian-Owned companies in the oil and gas sector, that “we are ready and willing to respond positively to any administrative, policy, or legislative recommendations within our jurisdiction as a subnational State.”

The Founder of the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation, Mr Emeka ugwu-Ozu, disclosed that the summit, held only in an oil and gas producing place, is a forum for all in the industry to brainstorm and suggest best practices for local players.

“This roundtable discussion takes place in only oil and gas producing states, and it is intentional. And that is to make sure that sooner, it becomes like what we say is the equivalent of Houston in the United States of America.

“I would say that from what I have seen so far, Rivers State is back and open, safe and good for business. The oil and gas players should come and see what we have seen,” he said.

Continue Reading

Featured

Lady Fubara Lauds Rivers Women On Peace, Development

Published

on

Wife of the Rivers State Governor, Lady Valerie Fubara, has lauded the commitment, solidarity and pivotal role of women in promoting peace and enterprise development in Rivers State.

Lady Fubara spoke at the second edition of ‘Women Converge,’ a special programme organized by Rivers Women Unite for Sim, an NGO, at the main bowl of the Alfred Diete-Spiff Sports Complex in Port Harcourt, last Thursday.

She said women in the state had tremendously impacted the state positively through their prayers, careers, contributions to the home fronts, and expressed appreciation to Rivers women, for their unwavering support  to her husband, Sir Siminalayi Fubara, the Governor of Rivers State, while urging them to continue to pray for the state.

“Once again, let me use this occasion to thank Rivers women for their support both in prayers and solidarity with me and my family. You have been wonderful. I can’t reward all that you do, but God in heaven who sees in secret will surely reward you openly.

“Truly today, marks another milestone in our effort to shape the society for good and lending our support for the sustenance of peace and development of Rivers State in particular and Nigeria at large. Without doubt, the prayers of our women avails much in every situation.

“Let me enjoin our women to remain prayerful because God is ever ready to answer our prayers. In all that we do, we must not forget the hand of God and often seek Him for direction and help. You have always been steadfast and I urge you not to relent, and together we will move our society forward. Whatever you do, putting your trust in God will certainly succeed”.

The Rivers State first Lady described the theme of the event, “Women in An Evolving World” as apt and, deeply reflective of the very essence of actions and strategies that women adopt to navigate the new world order.

She noted that despite  the complexities of managing the home front and the constraints of economic realities, women had demonstrated formidable strength and resilience to confront the odds of life.

“This Converge underscores the resilience of our women to succeed no matter the odds, especially with absolute faith in God and determination for greater accomplishments.”

“Whether in the industry, business, agriculture, public service or even in politics, they have always shown strong determination to adapt and to accomplish like others.

“Our natural state notwithstanding our focus has always been to reach for the sky like every other person and as Rivers women we have always been pacesetters.

The Keynote Speaker, Pastor Eno Jerry Eze, described women as the foundation of every society, noting that the development of every society depends on the strength of womanhood.

In their good will messages, notable Rivers women who attended the event expressed optimism over the prospects of sustainable peace and development in Rivers State, and reiterated their support for the administration of Governor Siminalayi Fubara.

Some dignitaries that attended the event include former Commissioner for Environment in Rivers State, Prof Roseline Konya; foremost activist, Ann Kio Briggs; wife of the former Deputy Governor of Rivers State, Dr Mrs Christie Toby; President of the Port Harcourt Chambers of Commerce Industry, Mines and Agriculture, PHACCIMA,  Dr Chinyere Nwoga;  Pastor Ene Secondus, among others.

Highlights of the event were ministrations, cutting of cake and special prayers for Rivers State. 

Continue Reading

Trending

Decoration sticker
Decoration sticker
Decoration sticker
Decoration sticker