News
FG, Labour Reconvene Over Fuel Price, Electricity Tariff Hike, Feb 22
The Federal Government and the organised labour would reconvene on February 22 for the consideration of the reports of their bipartite technical committees on fuel price and electricity tariff.
The resolution was reached at the end of the meeting between the representatives of the organized labour and the Federal Government team on Monday night at the Old Banquet Hall, Presidential Villa, Abuja.
Briefing journalists at the end of the bipartite meeting, yesterday, the Minister of Labour and Employment, Dr Chris Ngige, said they received and adopted the report of the Technical Committee on Premium Motor Spirit (PMS) Pricing Framework, while that of the Electricity Tariff Committee was expected in a week’s time.
Ngige said the organised labour requested for some time to subject the report on PMS pricing to their organs for further investigation.
According to him, “It is a technical report, so they needed further investigation of the report by their own technical research team. The Technical Committee on electricity tariff has not finished. We expect the report in a week’s time. So, cogently, we are reconvening on 22nd of this month to take both reports.”
The report of the Technical Committee on PMS pricing was presented at the meeting by the Chairman of the committee and former Executive Director, Refineries Operation and Petrol Pricing in NNPC, Onochie Anyaoku.
Anyaoku, in his presentation, said that the report was a 100 per cent owned by the membership of the technical committee, and they have all endorsed it.
He recalled that the terms of reference, jointly agreed to by the bipartite parties, include to review the cost of supply and incidental commercial costs of PMS and arrive at the basis of determining market reflective pump price gap under the template of the PPPRA Act, to engage all relevant stakeholders to establish the price review framework and to carry out any other assignment that will facilitate the work of the committee.
He further said the committee at its meeting on December 16 developed guiding principles and a work schedule, technical and distinct from the primary function of PPPRA, to develop a transparent methodology and a template that will serve as the guide on realistic PMS pump price and benchmark all pricing elements of the PMS pricing template, with neighbouring countries.
He said, “The comparison shall cover all fixed and variable components of PMS pricing bureau. Existing PPPRA template to serve as a baseline template and new additions of template incidental cost where appropriate shall be sufficiently justified.
“It is important to point out that we tried not to add. We tried to interrogate and most importantly, we tried not to add any inefficiencies of the delivery logistics of PMS to the public. So, basically, we interrogated every line item on the PPRA template.
“I must point out that the Act establishing PPPRA is very comprehensive and very inclusive if implemented as intended. I must also show here that the import base of PMS, essentially places very narrow latitude for cost reduction in price determination.
“Based on an extensive review of the pricing framework and in line with the terms of reference of the committee, the following recommendations were proposed and adopted: ‘PPPRA to convene periodic meetings with PPMC and other importers to ensure the actual cost of supply reflective determination as an interim solution.
“NLC, TUC, PENGASSON and NUPENG to witness the transparent determination at the periodic meeting.
“PPPRA frequently monitor data of Rotterdam supply chain values. This should continue to form the basis of price determination until the West African basket is liquid and transparent enough to warrant its adoption in the pricing template.
“All importers including NNPC to adopt the same forex window used by PPPRA to ensure alignment and accurate pricing. PPRA board to adopt a weighted average as the basis of the determination.
“Government to enforce immediate collection of NPA and NIMASA charges in naira to reduce pressure on forex demand and pump price hike.
“To develop adequate communication strategy on the necessity of deregulation and the benefit to the people, to create public awareness and gain acceptability of deregulation, which will reduce the pressure on labour to react to fuel increase.
“Deregulation is a huge change in national policy but highly desirable in this stage of our national development policy, for which its implementation requires trust-building steps and commitment to visible frugal spending by government. Intensive and sustained communication between government and stakeholders is mandatory to reassure citizens when price change, especially in an upward trajectory.
“Government should consider certain projects targeted at winning the confidence of Nigerians on the key benefits of deregulation.”
The Report of the Technical Committee on PMS Pricing Framework was an offshoot of the ongoing bipartite engagement between the Federal Government and the organised labour unions.
The membership of the committee includes the representatives of NLC, TUC, NUPENG, PENGASSON, PPPRA, PEF, Federal Ministry of Finance, Budget and Planning as well as Federal Ministry of Labour and Employment.
News
NELFUND Warns Students Against Fake Loan Portal
The Nigerian Education Loan Fund has alerted the public to a fraudulent message circulating online, claiming that the NELFUND Student Loan Registration Portal is open.
The message directs applicants to a third-party link (http://gvly.xyz/Nelfund-Student-Loan, which NELFUND confirms is unauthorised and fraudulent.
In a post obtained from its X handle, yesterday, NELFUND urged students and the general public not to click on the link or provide any personal information, emphasising that the official loan registration portal is only accessible through the Fund’s verified channels.
The agency reminded applicants to exercise caution online and to report any suspicious links or communications claiming to be from NELFUND.
“Applicants are encouraged to always verify official announcements via NELFUND’s official website and social media channels,” NELFUND said.
This advisory comes as part of NELFUND’s ongoing efforts to safeguard students and ensure the integrity of the student loan application process.
News
Eastern Port Police Boss Promises On Crime-Free Operations
The new Commissioner of Police Eastern, Ports Command, Mr Tijani Fatai has promised to ensure a crime- free ports operations in the zone.
He said effective policing will be mounted across the ports in the zone in tackling the high rate of community unrest, activities of port rats and other social vices.
Fatai while speaking to newsmen shortly after taking over as the 17th commissioner said he wants to be remembered as a peace maker during his tenure as Commissioner of Police in the Eastern Ports Command.
According to him,’’the community policing is the sure way of addressing most conflicts and other social vices bedeviling our society today and I will explore it to its fullest” .
The Commissioner also assured officers of the rank and file of improved welfare whoch he described as a cardinal objective of the present efforts of the Inspector General of Police (IGP).
He said,” the Inspector General of Police has sent me to assure you all of welfare, promotions as and when due,no officers particular rank and file will be left behind in the coming months.
Fatai before his recent posting was an operational officer,who spent most of his years with the Police Mobile Force (PMF) where he served as Unit Commander (UC) and Commander, PMF.
Before his redeployment as a Commissioner of Police,(CP), he was the Deputy Commissioner of Police, Operations, DCP, Operations, Lagos State Command.
News
Kalabaris Celebrate New Year Amid Fanfare
Thousands of Kalabari indigenes from Akuku- Toru, Asari-Toru, Degema and Port Harcourt City Local Government Areas last Sunday gathered at Elem Kalabari in Degema Local Government Area to celebrate what they said is the Kalabari new year amidst pomp and pageantry
According to stakeholders, the event which started over 200 years ago normally falls on the 16th of November every year.
The of this year’s celebration which was organised by Kalabari Renaissance Foundation was “Our Heritage, Honouring Our Waters and Renewing Our Spirit.”
Stakeholders said this year’s celebration was symbolic as it was holding at Elem Kalabari which is the home of the Kalabari people.
The event also featured various masquerade displays from cultural troupes within Kalabari and beyond.
Speaking on the significance of the event, the Amanyanabo of Elem Kalabari (The Source), HRH Mujahid Asari Dokubo, said the celebration signaled a return to the traditional values of the Kalabari people and the need for self-recreation.
“It’s not just about celebration, It’s about recreating ourselves, bringing us back from death.
“The organisation that has come to take over this celebration – Renaissance – really fits the description of what ought to happen to us as a people.
“It’s not just Kalabari; it’s about all of us and our values. We have to look at ourselves and our values,” he said.
Dokubo called on all Kalabari citizens to join hands together to revive their traditional values and heritage in order not to lose their cultural identity and spiritual trajectory.
Also speaking, Harry Awolayeofori MacMorrison, Chief Administrator and Chairman of Kalabari Renaissance Foundation, organizsers of the Kalabari new year festival, said the event marks the beginning of a new calendar year for the Kalabari people, after November 15 of every year when the tide cleanses the pollution from the Sombreiro River inflows, describing it as a renewal of the Kalabari people.
“It’s the renewal of the people. Kalabari area is saline environment and at a time, the Sombreiro River comes in and pollutes the river.
“On the 15th November, across Kalabari, the tide turns and takes all the fresh water that polluted the saline river back to the Sombreiro River
. “On the 15th is the end of the year. Normally when there is an end, there is a new beginning. On the 16th (November) is the beginning of the Kalabari calendar,” he said.
Awolayeofori Mac Morrison said the Kalabari communities had been holding the new year festival separately in the past until the Renaissance Foundation decided to champion a unified celebration to enable them forge a common front of trado-cultural and socio-economic development across the entire territory.
He said last year’s event held at Abalama while they decided to bring this year’s celebration to Elem Kalabari because of it significance to the Kalabari nation.
Also speaking, a member of the planning committee and media lead, Journalist Ibiba Don Pedro, said there was need to reawaken the consciousness of their people on the need to embrace their traditional values without reservations, noting that there was nothing fetish about the festival.
She said the celebration was to unite the Kalabaris as well as project the cultural heritage of the people.
Don Pedro said time has come for Africa to go back to their root , adding that development will continue to elude African countries until the people rediscover themselves.
By: John Bibor, Afini Awajiokikpom, Joseph Miabari Joan, Michael Kingdom & Mary Barugu
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