Nation
Fuel Queues’ll Soon Disappear, NNPC Assures
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has assured the current queues at fuel stations in different parts of the country would soon disappear.
Kyari gave the assurance, yesterday while speaking with State House Correspondents, after a routine briefing with President Muhammadu Buhari at the Aso Rock Presidential Villa, Abuja.
Fuel stations all over the Federal Capital Territory (FCT) have started witnessing long queues of motorists struggling to buy the premium motor spirit (PMS), also known as petrol since Saturday.
The situation worsened, yesterday.
However, while fielding questions from State House Correspondents, Kyari, who explained the observed scarcity had been as a result of suspension of operations by tanker drivers, who were protesting some labour issues with their employers, said the worst is over as the strike had been suspended for one week.
According to him, the tanker drivers, as at yesterday, had already resumed lifting fuel from depots across the country.
He added the agreement struck with the aggrieved drivers would enable government to reach a more lasting understanding on the matter.
“These queues will go away. It’s because there was an industrial action by petroleum tanker drivers against their employers, the National Association of Road Transport Owners around their compensation package and those issues were not resolved up till yesterday, until we intervene to ensure that there’s an amicable settlement between the parties so that they will have peace and then normal loading operations will commence from the depots.
“As I speak to you at this moment, loading has commenced in all depots in the country, dispatches of trucks are ongoing in all the depots in the country and they have called off the strike for a period of one week to enable us intervene and find a solution. So there’s really nothing fundamental that is happening now,” he assured.
Asked about government’s plan to end the petrol subsidy regime, the NNPC GMD said government was still in the process of working out the best way out of the current situation, which he assured would be in the best interest of the ordinary citizen.
“Subsidy is a policy matter, I’m sure you’re aware of this, there are engagements going on within government to get the best framework for having a fully deregulated PMS market.
”As this is going on, we are engaging all parties and all stakeholders as government and to make sure that at the end of the day, there’s an exit that is beneficial to the ordinary man.
“That is why we know we will not be able to complete that in the month of May, and therefore, we declared that there will be no increase in fuel price. I have no update in hand now, this is beyond me, but we’re engaging to make sure that we have the right timeline,” he said.
Asked how recent rising crude oil price at the global market had impacted on the NNPC’s revenue, especially during a season when the country is discussing removal of fuel subsidy, Kyari said, “You know it works both ways. Once prices increase, your revenue also increases.
“So, I don’t have any numbers around it, but I also know that your obligation to price of petroleum increases and your net revenue also increases. There’s a balancing factor, I don’t think there’s anything much to worry about,” he explained.
Nation
World Health Day: Rivers Govt Urges Regular Medical Check-Ups, Healthy Living
Nation
Rumuji Youth Leader Condemns Protest, Disowns Alleged Government Empowerment Claim
Nation
Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
-
Editorial19 hours agoDomesticate FG’s Exit Benefit Scheme
-
News19 hours agoDHQ Confirms Deaths Of Terrorists, Soldiers In Borno Attack
-
News15 hours agoRSU Unveils Five-Year Strategic Dev Plan …Calls For Collective Commitment To Institutional Excellence
-
News17 hours agoTinubu Commissions Bayelsa Gas Turbine, Other Projects Today
-
Rivers18 hours ago
Dep Gov Seeks Collaboration, Transparency Between RIVCHPP, PHCMB
-
Nation15 hours ago
Rumuji Youth Leader Condemns Protest, Disowns Alleged Government Empowerment Claim
-
Featured18 hours agoFG Reaffirms Nigeria’s Stability As US Embassy Suspends Visa Appointments In Abuja Office
-
Nation16 hours agoHaniel Jack Foundation Awards Five Rivers Indigenes Scholarship
