Niger Delta
Bayelsa Sets Up Special Team On Petroleum Products
The Bayelsa State Government has set up a special monitoring team on the pricing and distribution of petroleum products in the state.
The special team is made up of the Bayelsa State Petroleum Taskforce (BSPT), the Bayelsa Field Office of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Independent Petroleum Marketers Association of Nigeria (IPMAN).
The Tide reports that the team also has the Nigerian Security and Civil Defence Corps (NSCDC), the Department of State Services (DSS), as well as the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) as members.
Bayelsa state Deputy Governor, Senator Lawrence Ewhrudjakpo who constituted the team during a critical stakeholders meeting in Yenagoa,the state capital averred that government was taking every necessary steps to end the scarcity of premium motor spirit (PMS) in the state as soon as possible.
He charged the team to monitor the activities of all the petrol filling stations in the state and ensure that none of them sells above N230, pending when supply sufficiency is restored.
Ewhrudjakpo also directed the team to enforce compliance with government’s directive that no filling station should sell more than 25 litres to individual buyers in jerry cans until normalcy is restored in the supply of the product.
The state’s number two citizen who as well lamented that Bayelsa has the least allocation of petrol in the country from the NNPC also pointed out that making Bayelsa to pay the same amount with other states for fuel subsidy amounts to robbing Peter to pay Paul, urging the Federal Government to stop the injustice by ensuring that each state pays for fuel subsidy based on the volume of petrol consumed or number of trucks allocated to it every month.
Speaking against the background of the absence of fuel depots which he noted, badly affects the fuel supply chain in the state, the Deputy Governor said government would look at the possibility of establishing at least one depot through a public private partnership initiative.
Earlier, the Operations Controller of the Nigerian Upstream Petroleum Regulatory Commission, Bayelsa Field office, Mr. Ogbe Nicholas, urged the public not to panick, assuring that there would be normal fuel supply soon as there is enough PMS now at the loading jetties, reassuring that the state’s field Office had already placed an order for 10 trucks of PMS from the Warri and Port Harcourt depots, respectively.
He also noted that the absence of any depot in Bayelsa adversely affects supply of the product, thereby leaving the state at the mercy of oil marketers.
Also speaking, the Chairman of the Bayelsa State Petroleum Taskforce, Mr. Richman Samuel, said the taskforce had been working round the clock alongside other stakeholders, including the NUPRC and the oil marketers, to ensure that the situation was brought under control.
Samuel disclosed that through effective negotiation, fuel price in the wake of the current scarcity was brought down from N300 to N230 per litre in the state and appealed to the marketers to maintain the negotiated price.
On his part, the state Chairman of PETROAN, Mr Dukumor Taremi West, while assuring that marketers would not take undue advantage of petrol consumers in the state, stressed the need for relevant agencies to query the whereabouts of the two truckloads of PMS allocated to the NNPC Floating Station at Nembe.
By: Ariwera Ibibo-Howells, Yenagoa
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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