The Federal Government, through the Nigerian National Petroleum Corporation (NNPC), paid N43.09billion as subsidy on Premium Motor Spirit (PMS), also known as petrol, in the month of January, 2020, according to data obtained from the Petroleum Products Pricing Regulatory Agency (PPPRA).
The amount paid as subsidy in January, 2020, represented a decline of 22.47 per cent when compared with the N55.58billion paid by the Federal Government to subsidise the commodity in December, 2019.
Figures gleaned from the PPPRA’s PMS Pricing Templates and Daily Truck-Out Reports for January, 2020, put the average Expected Open Market Price (EOMP) of PMS at N171.27 per litre, meaning that at a regulated price of N145 per litre, the Federal Government paid an average of N26.27 per litre as subsidy on fuel in January.
In addition, the PPPRA reports stated that a total of 1.591billion litres of petrol was supplied across Nigeria in 30 days out of the 31 days in the month under review, translating to an average daily PMS supply of 53.033million litres.
Therefore, paying an average of N26.27 per litre on an average PMS supply of 1.591billion litres, meant that the Federal Government spent N43.09billion to subsidise PMS for Nigerians in January, 2020 alone, the report added.
The amount expended as subsidy on PMS in January represented 9.58 per cent of the N306billion budgeted for fuel subsidy in the 2020 budget of the Federal Government.
The EOMP of petrol is the price the commodity is expected to be sold to motorists if the government stops paying subsidy on the commodity.
However, as at today, subsidy is borne by the NNPC on behalf of the federation.
The NNPC, which is currently the sole importer of PMS into the country, bears the cost of subsidizing the commodity and deducts the cost from earnings from its domestic sale of crude oil and gas, before making remittances to the Federation Account.
Giving a breakdown of the Expected Open Market Price of the commodity and the amount incurred as subsidy in days the pricing templates were published, the PPPRA stated that for January 2, 3, 6, 7, 9 and 10, EOMP of PMS stood at N182.05 per litre, N182.28 per litre, N183.50 per litre, N179.50, N172.93 per litre and N174.52 per litre, respectively, translating to subsidy of N37.05 per litre, N37.38 per litre, N38.50 per litre, N34.50 per litre, N27.93 per litre and N29.52 per litre.
For January 13 to 17, EOMP of PMS stood at N173.89 per litre, N173.95 per litre, N172.49 per litre, N173.81 per litre and N171.77 per litre, respectively; leading to subsidy of N28.89 per litre, N28.95 per litre, N27.49 per litre, N28.81 per litre and N26.77per litre, respectively.
In addition, EOMP of N172.76 per litre, N173.84 per litre, N170.60 per litre, N167.56 per litre and N163.75 per litre were recorded from January20 to 24, translating to subsidy of N27.76 per litre, N28.84 per litre, N25.60 per litre, N22.56 per litre and N18.75 per litre, respectively.
For December 27 to 31, the Federal Government incurred subsidy of N14.86 per litre, N17.53 per litre, N18.49 per litre, N16.15 per litre, and N15.45 per litre, respectively, from EOMP of PMS of N159.86 per litre, N162.53 per litre, N163.49 per litre, N161.15 per litre and N160.45 per litre.
Meanwhile, the Federal Government, yesterday, charged civil servants to think outside the box in the discharge of their responsibilities to the country at all times.
The Head of the Civil Service of the Federation, Dr. Folasade Omolara Yemi-Esan made the call when top management of the office gave her a rousing welcome on her first official day as substantive Head of Civil Service of the Federation.
In a brief interaction with management, Yemi –Esan thanked God for the opportunity given to her to serve in the capacity.
According to her, unity is the hallmark of success hence the need for cooperation from all and sundry.
She, therefore, called on civil servants to join hands in making service delivery efficient and effective, even as she stressed that “God will give us the grace to carry out this enormous responsibility.”
She argued that with the cooperation of everybody, “we will not disappoint the President in the discharge of our duties and leave a lasting legacy for our children.”
It would be recalled that President Muhammadu Buhari confirmed the appointment of Dr Folasade Omolara Yemi-Esan as the Head of Civil Service of the Federation, last Friday.
Nigeria Needs Effective Leadership To Be Great -Wike
Rivers State Governor, Chief Nyesom Wike, has said that Nigeria needs effective leadership for the country to achieve the dreams and aspirations of its founding fathers.
He stated this during the Juma’at service in commemoration of the 62nd Independence Anniversary of Nigeria, held at the JIBWIS Directorate Headquarters, Central Mosque, Bonny Street, Port Harcourt, yesterday.
The governor, who was represented by the Special Adviser on School Sports, Dr Okiri Mohammed, said despite the numerous challenges bedevilling the country, Nigerians must collectively resolve to make the nation great.
“Remember we have one country Nigeria, and we must make it great. For us to make it great, we must see it as our duty.”
The Rivers State governor said the task of nation building was the responsibility of every citizen of the country, and the 62nd Independence anniversary celebration should be seen as a time for stocktaking.
He emphasised that Nigerians must collectively continue to demand for probity and accountability from the leadership in order to move the country forward.
“Let us continue to ensure that there is probity and accountability in this country. We need effective leadership in this country before it will go forward.”
The governor charged Muslims to continue to preach the message of peace and join hands with other Nigerians to reduce crime and poverty in Nigeria.
”As Muslim you are charged to preach peace in your various homes. We have to make sure we collectively reduce poverty and crime. We have to make sure that this country is better.”
The governor pointed out that the country is at a critical juncture, and charged Nigerians to participate effectively in the 2023 general election.
“We don’t have another country apart from Nigeria and so, all of us collectively and individually have a duty to make this country better.”
Delivering his sermon, the Imam of Bonny Island, Yusuf Lamis, charged Nigerians to be patriotic and contribute to the development of the nation.
He said the earnest prayer of every Muslims in the country is for God’s intervention in the emergence of credible political leaders in the 2023 general election.
Wike Intervenes In Ula-Ehuda, Julius Berger Dispute
Hope for the speedy completion of the dualisation of Ahoada-Omoku highway has been rekindled, following the intervention of Rivers State Governor, Chief NyesomWike, in the face-off between Ula-Ehuda community and the Julius Berger, the construction company handling the project.
Wike, who visited Ula-Ehuda, yesterday, to assess the progress of the ongoing construction work and to settle the disagreement between the community and Julius Berger, advised youths in the community to learn how to channel their problem appropriately to the government.
The governor, who was accompanied by the Rivers State Commissioner of Works, Dr. Dakorinama George-Kelly; former Deputy Speaker, House of Representatives, Rt. Hon. Chibudum Nwuche; Deputy Speaker, Rivers State House of Assembly, Rt. Hon. Ehie Ogerenye Edison; the Peoples Democratic Party (PDP) standard bearer in Rivers State, Sir Siminialayi Fubara; and others, said his administration takes exception to disruption of construction work in any part of state.
He admonished community leaders in the state, irrespective of their political leanings, never to politicise the issue of development, as this could be detrimental to the progress of their people.
“I tell people: don’t be a curse to yourself. And I’ve always told people too: don’t bring politics in the development of a place. If you bring politics, you’ll suffer it. None of you put pressure on us to say we must dualise this road.”
The governor explained that his administration took the decision to dualise the road in recognition of the fact that it would promote access to economic and social services, generate increased agricultural incomes and productive employment opportunities and reduce poverty in the state.
Wike, who urged the community to support the state government’s effort to improve infrastructure in the area, cautioned that government would, henceforth, not tolerate any disruption of the ongoing dualisation work.
“If you have problem, channel your problem appropriately. But don’t come and begin to use your young boys and young girls to stop the road construction.”
The governor assured the community that the concerns raised would be adequately addressed, adding that the government would not allow anyone or group of individuals to derail the progress of the area.
“We have come to open up your community to be like a city, and you want to send your community backwards, it will not work. Support us to do what we are doing.”
Earlier, the Chairman,Ula-Ehuda Community Development Committee, Monday Princewill Evergreen, thanked Wike for the project, and appealed for the inclusion of drainage in the Ula-Ehuda section of the Ahoada-Omoku highway.
“We are grateful that you brought this project to our community, not just our community, Ahoada East. For long, we had envisaged that this road will be dualised and constructed. It was until you came that that dream was realised, and the community and the entire people of Ekpeye are eternally grateful to you.”
Earlier, the Rivers State Commissioner for Works, Dr. George-Kelly D. Alabo, had advised some protesting youths at the Ula-Ehuda axis of Ahoada-Omoku Dual Carriageway to shun obstructive means of demonstration at the project site, because if the project,was not completed as a result of their actions, the people of the area would be the ones to lose and not Julius Berger.
George-Kelly advised them to allow the construction giant to continue with their work while he makes an arrangement for a round-table talk between all parties involved to find an amicable solution to the contentious issue on drainage before the end of the week.
Residents of Ula-Ehuda in Ahoada East Local Government Area were addressed by the commissioner, who was accompanied by the Chairman of Ahoada East Local Government Council, Hon. Ben Eke, to inspect the Ahoada-Omoku Dual Carriageway project, last Tuesday.
“I am not here to blame anybody but to solve a problem. I am here to provide a solution that will be good for the community, the government, and the contractor. If we must tell ourselves the truth, stopping them from working will not solve the problem, it would even put you at the disadvantaged end because if this project is not completed, it is the people of this area that will lose, not Julius Berger.
“Please, do not make the mistake some youths of a particular local government area made. They stopped two projects of the state government in their area over frivolous demands, the state government made several attempts to persuade them to allow the construction of the projects to continue, like I am doing now, but they refused. Contractors left sites, and the projects were abandoned. Two years after, the contactors are yet to resume work for excuses of community disturbances. When the contractors eventually go back to sites, the projects may become more expensive for government, given the current fluctuations.
“The best thing to do now is to allow the contractor to finish the initial scope of the project first.Maybe, before the commissioning, you can make this other demand, and we will forward same to the governor. Please, realise that even in your demands, due process has to be followed.
“I am appealing to you to allow them complete this work on schedule so that it can be commissioned by or before December. By Friday this week (yesterday), I’ll be having a meeting between the ministry, the council chairman, representatives of Julius Berger, the project CLOs, and Ula-Ehuda community leaders. I will like the community to include, at least, two indigenous civil engineers in their delegation so that they can understand and interprete to you some technical details that would be discussed in the meeting,” the commissioner added.
Also, the commissioner inspected the 8.020km Akpabu-Itu-Omudioga Road project, phase 1 in Emohua Local Government Area.
Checks show that asphaltic binder course had been completed for the entire road length and 700m asphalt wearing course had been done so far.
The project is 75percent completed and in progress.
Catholic Bishops Vow To Work For Credible Polls In 2023
Bishops of the Catholic Archdiocese of Abuja have pledged to work with relevant stakeholders to ensure free, credible and transparent general elections in 2023.
The commitment is contained in a communiqué jointly signed by Most Rev. Ignatius Kaigama, the Archbishop of Abuja and Very Rev. Fr. Sam Tumba, after the 3rd General assembly of the Archdiocese.
In the communique issued on Saturday in Abuja, the bishops enjoined Parishes, families, Church societies and groups to dedicate special moments to pray for a hitch-free election.
“We call on Catholics and indeed all Nigerian citizens to be consciously and actively involved in the electoral processes at all levels.
“Voter registration, collection of Permanent Voters Card, casting votes on election days with a firm and clear conscience to elect credible leaders who will bring about the true dividends of democracy”, they said.
The bishops commended President Muhammadu Buhari for signing the Electoral Act into law to enhance the sanctity of the electoral process.
“We task the Independent National Electoral Commission to ensure political fairness and transparency, to consolidate the trust reposed in them by Nigerians.
“Parishes and Catholic institutions within our Archdiocese are encouraged to arrange and organize voter awareness programmes, seminars and workshops guided by the Justice, Development and Peace Commission, to better equip our people for greater political responsibility.
“We remain open and willing to collaborate with relevant government agencies, electoral bodies and security operatives to ensure peaceful and credible election processes in the coming year,” the communique added.
The bishops cautioned politicians not to regard the election as a ‘do or die’ affair, adding that they must also refrain from money politics, manipulative and divisive practices along ethnic, social and religious lines to win elections.
“Even though we decry the hard economic situations in the nation, we strongly discourage all Catholics and especially our youths from lending themselves as easy recruits for political thuggery and other criminal activities to enthrone selfish and incompetent aspirants into electoral offices.
“We discourage and condemn any form of vote buying or selling and other electoral malpractices during the elections,” the bishops said.
The bishops advised catholic politicians from all political parties within the Archdiocese to participate in Church activities, so as to be better known by the faithful.
They called on all people of goodwill to cooperate with security agencies to root out criminal elements within communities.
The bishops, however, urged security agents to remain professional in discharging their duties and resist any attempt to be used to intimidate the people by corrupt politicians.
The communique called on Catholics across the country to match work with prayer, for peaceful electioneering process.
They called for sustained prayers for the country, adding: “Nigerians should take courage and be of ardent hope, for the storms will soon be over.”
Opinion2 days ago
Kyari Syndrome And Nigeria’s Unity
Rivers2 days ago
‘17m People Die Of Cardiovascular Diseases Annually’
News2 days ago
Character Is Key To Success – Banigo
Entertainment2 days ago
Artiste Decries High Cost Of Music Production
Health5 days ago
Vaccination: 25m Children Under Threat – UNICEF
Editorial2 days ago
Hurray, Nigeria Is 62!
Business2 days ago
Rice Farmers Doing Fantastic In Nigeria – UN
News2 days ago
Wike Condoles With Senator Ideozu At Wife’s Funeral