Connect with us

Featured

TUC Accuses FG Of Wasting N9.5bn On Refineries’ Turnaround Maintenance

Published

on

The Trade Union Congress (TUC), yesterday, accused the Federal Government of wasting N9.5billion on moribund refineries’ turnaround maintenance after 10 years.
The National President, TUC, Comrade Quadri Olaleye, made the accusation in a goodwill message at the Annual General Meeting (AGM) and inauguration of newly elected National Executive Committee of the Independent Petroleum Marketers Association of Nigeria (IPMAN) in Abuja.
According to him, corruption and inefficiency in the oil and gas sector were responsible for the mess the nation was facing with 95per cent of petroleum products still imported.
He said: “Even with Nigeria’s status of being one of the largest oil producing countries, the energy crises that have befallen us as a nation are well known and this is solely due to the incompetence and corruption of the government.
“The fuel subsidy and the proposed hike in fuel price is a rather prominent and recurring one. Nigeria is the only OPEC member country that imports more than 90 to 95% of refined petroleum products for consumption.
“Nigeria has a total of five refineries in the country of which four are owned and managed by the government, and one by NDPR.
“It might interest you to know that none of the government owned refineries is functioning, yet in the past 10 years alone, the government has wasted about $9.5billion for turnaround maintenance of the moribund refineries.
“Please note that TUC is not against the removal of the fuel subsidy if it will yield positive results. Rather, we are inquisitive as to what the government has to offer following the removal. How can we trust the government and be certain that they will actually remove it this time around, because in the past, they have claimed to remove the so-called ‘subsidy’, so how can what has been removed be removed again? Will there be construction and utilization of modular refineries as the government has previously promised and failed to deliver?
“Will there be rehabilitation of existing moribund refineries? What will the government do to put an end to dependence on imported fuel? It is imperative to note these questions because we need adequate answers on what the government has to offer as failed promises from the government have become the order of the day.
“To conclude, I hereby demand that if the subsidy is eventually removed, the government should engage more on expenditures that are beneficial to the economy rather than projects that generate losses.
“There should be establishment of modular refineries and construction of functioning refineries in the country. Proactive committees must be set up to check, balance, and ensure successful execution of projects and to generally oversee activities.
“The moribund refineries must be active and we must put an end to the counterproductive acts of importing petroleum products when we can refine here and sell at a competitive price.
“You will agree with me that Nigeria has the capacity to meet these demands and even diversify like advanced countries but that will not happen because the current political class does not want it.”
The IPMAN new executive led by Debo Ahmed as President is to run the affairs of the association for three years include Alhaji Zarma Mustapha and Mr. John Kekeocha as deputy national chairman and national secretary, respectively.
Others are Mr. Omololu Omotaduwa, national Assistantsecretary; Chief Benjamin Omale; national treasurer; Chief Linus Mgbakogu, national financial secretary, and Elder Chinedu Ukadike, national publicity secretary, amongst others.
Meanwhile, IPMAN National President, Debo Ahmed said, “The nation is facing a magnitude of insecurity threat. As IPMAN, we need to address this issue and the effects on our business and the environment where we operate.
‘COVID-19 is still epidemic with us. What advise have we given to our members and their staff on the need to take COVID shot to improve on their body immunity so that they can be productive to their family and community?
“Our members have billions of Naira as transport claims with the defunct Petroleum Equalisation Fund now with Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) unattended. As a united association, we have to follow up to make sure our members are paid unconditionally.
“The new Customer Service Department in Petroleum Products Marketing (PPMC) is another bottleneck tying down members billions of Naira for product payment without supply.
“Rising cost of levies charged for outlets is escalating across the country from some federal and state government agencies. IPMAN national is to dwell in all these extra cost to harmonise the justification if need be and so many other issues pending.”
Also in a goodwill message, both leadership of the National Union of Petroleum and Natural Gas Workers (NUPENG), the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the President of the Nigerian Labour Congress (NLC), recognized the Ahmed-led IMPAN and promised their support, which also they called for peace amongst its members.
Other dignitaries who graced the occasion, include, former Deputy National Chairman of NLC and federal lawmaker, Comrade Joseph Akinlaja; National Chairman of the Petroleum Tanker’s Drivers Branch of NUPENG, Comrade Salimon Oladiti; Chairman, Board of Trustees of IPMAN, Chief Obasi Lawson; and National Chairman of National Association of Road Transport Owners (NARTO), Alhaji Yusuf Othman, amongst others.

Featured

Fubara Dissolves Rivers Executive Council

Published

on

Rivers State Governor, Sir Siminialayi Fubara, has dissolved the State Executive Council.

The governor announced the cabinet dissolution yesterday in a statement titled ‘Government Special Announcement’, signed by his new Chief Press Secretary, Onwuka Nzeshi.

Governor Fubara directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.

He thanked the outgoing members of the State Executive Council for their service and wished them the best in their future endeavours.

The three-paragraph special announcement read, “His Excellency, Sir Siminalayi Fubara, GSSRS, Governor of Rivers State, has dissolved the State Executive Council.

“His Excellency, the Governor, has therefore directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or  the most Senior officers in their Ministries with immediate effect.

“His Excellency further expresses his deepest appreciation to the outgoing members of the Executive Council wishing them the best in their future endeavours.”

 

Continue Reading

Featured

INEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations

Published

on

The Independent National Electoral Commission (INEC) yesterday told the National Assembly that it requires N873.78bn to conduct the 2027 general elections, even as it seeks N171bn to fund its operations in the 2026 fiscal year.

INEC Chairman, Prof Joash Amupitan, made the disclosure while presenting the commission’s 2026 budget proposal and the projected cost for the 2027 general elections before the National Assembly Joint Committee on Electoral Matters in Abuja.

According to Amupitan, the N873.78bn election budget covers the full conduct of national polls in 2027.

An additional N171bn is needed to support INEC’s routine activities in 2026, including bye-elections and off-season elections, the commission stated.

The INEC boss said the proposed election budget does not include a fresh request from the National Youth Service Corps seeking increased allowances for corps members engaged as ad-hoc staff during elections.

He explained that, although the details of specific line items were not exhaustively presented, the almost N1tn election budget is structured across five major components.

“N379.75bn is for operational costs, N92.32bn for administrative costs, N209.21bn for technological costs, N154.91bn for election capital costs and N42.61bn for miscellaneous expenses,” Amupitan said.

The INEC chief noted that the budget was prepared “in line with Section 3(3) of the Electoral Act 2022, which mandates the Commission to prepare its election budget at least one year before the general election.”

On the 2026 fiscal year, Amupitan disclosed that the Ministry of Finance provided an envelope of N140bn, stressing, however, that “INEC is proposing a total expenditure of N171bn.”

The breakdown includes N109bn for personnel costs, N18.7bn for overheads, N42.63bn for election-related activities and N1.4bn for capital expenditure.

He argued that the envelope budgeting system is not suitable for the Commission’s operations, noting that INEC’s activities often require urgent and flexible funding.

Amupitan also identified the lack of a dedicated communications network as a major operational challenge, adding that if the commission develops its own network infrastructure, Nigerians would be in a better position to hold it accountable for any technical glitches.

Speaking at the session, Senator Adams Oshiomhole (APC, Edo North) said external agencies should not dictate the budgeting framework for INEC, given the unique and sensitive nature of its mandate.

He advocated that the envelope budgeting model should be set aside.

He urged the National Assembly to work with INEC’s financial proposal to avoid future instances of possible underfunding.

In the same vein, a member of the House of Representatives from Edo State, Billy Osawaru, called for INEC’s budget to be placed on first-line charge as provided in the Constitution, with funds released in full and on time to enable the Commission to plan early enough for the 2027 general election.

The Joint Committee approved a motion recommending the one-time release of the Commission’s annual budget.

The committee also said it would consider the NYSC’s request for about N32bn to increase allowances for corps members to N125,000 each when engaged for election duties.

The Chairman of the Senate Committee on INEC, Senator Simon Along, assured that the National Assembly would work closely with the Commission to ensure it receives the necessary support for the successful conduct of the 2027 general elections.

Similarly, the Chairman of the House Committee on Electoral Matters, Bayo Balogun, also pledged legislative support, warning INEC to be careful about promises it might be unable to keep.

He recalled that during the 2023 general election, INEC made strong assurances about uploading results to the INEC Result Viewing portal, creating the impression that results could be monitored in real time.

“iREV was not even in the Electoral Act; it was only in INEC regulations. So, be careful how you make promises,” Balogun warned.

The N873.78bn proposed by INEC for next year’s general election is a significant increase from the N313.4bn released to the Commission by the Federal Government for the conduct of the 2023 general election.

Continue Reading

Featured

Tinubu Mourns Literary Icon, Biodun Jeyifo

Published

on

President Bola Tinubu yesterday expressed grief over the death of a former President of the Academic Staff Union of Universities and one of Africa’s foremost literary scholars, Professor Emeritus Biodun Jeyifo.

Jeyifo passed away on Wednesday, drawing tributes from across Nigeria and the global academic community.

In a condolence message to the family, friends, and associates of the late scholar, Tinubu in a statement by his spokesperson, Bayo Onanuga,  described Jeyifo as a towering intellectual whose contributions to African literature, postcolonial studies, and cultural theory left an enduring legacy.

He noted that the late professor would be sorely missed for his incisive criticism and masterful interpretations of the works of Nobel laureate, Professor Wole Soyinka.

The President also recalled Jeyifo’s leadership of ASUU, praising the temperance, foresight, and wisdom he brought to the union over the years.

Tinubu said Jeyifo played a key role in shaping negotiation frameworks with the government aimed at improving working conditions for university staff and enhancing the learning environment in Nigerian universities.

According to the President, Professor Jeyifo’s longstanding advocacy for academic freedom and social justice will continue to inspire generations.

He added that the late scholar’s influence extended beyond academia into political and cultural journalism, where he served as a mentor to numerous scholars, writers, and activists.

Tinubu condoled with ASUU, the Nigerian Academy of Letters, the Wole Soyinka Centre for Investigative Journalism, the University of Ibadan, Obafemi Awolowo University, Oberlin University, Cornell University, and Harvard University—institutions where Jeyifo studied, taught, or made significant scholarly contributions.

“Nigeria and the global academic community have lost a towering figure and outstanding global citizen,” the President said.

“Professor Biodun Jeyifo was an intellectual giant who dedicated his entire life to knowledge production and the promotion of human dignity. I share a strong personal relationship with him. His contributions to literary and cultural advancement and to society at large will be missed.”

Jeyifo was widely regarded as one of Africa’s most influential literary critics and public intellectuals. Among several honours, he received the prestigious W.E.B. Du Bois Medal in 2019.

Continue Reading

Trending