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Residents, Traders Protest Indiscriminate Location Of Gas Stations

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Residents and traders in Akure took to the streets over the weekend to protest what they called indiscriminate location of gas stations in their neighbourhood.
The protesting residents and traders, mainly from Ireakari and Temidire quarters at the popular Roadblock area of Akure, alleged that petrol dealers attempted to erect two more gas stations near an existing one.
They said that the step could lead to fire incident capable of consuming the entire neighbourhood.
According to one of the protesters, Mr Abayomi Ajijola-Ajofe, a youth leader, the protest was triggered by a midnight inferno, which occurred behind the proposed site of a new gas station, 24 hours ago.
“We are protesting because we don’t want any more gas stations in our area, we have one already and that is okay.
“We fear fire incident that could consume our houses if another one is located here. We are concerned about our safety, the one we have already is okay.
“Therefore, we the youths will take unpleasant actions against the dealers of the proposed gas stations if they continue with the construction. We learnt that one government agency has given them licence or permission to operate, we will not take that. They should withdraw the licence now or else, we will make this area unpleasant for them,” Ajijola-Ajofe said.
The chairman of Temidire landlords, Mr Ibrahim Adeuyi, called on the Ondo State Government and the Department of Petroleum Resources (DPR) to withdraw the certificate of allocation of gas stations in the area.
Adeuyi, who noted that a plank market was located behind the proposed gas station, pointed out that locating gas stations in residential areas would be prone to fire incidents.
A trader, Mr Kazeem Jinadu, said residents would resist any attempt by the petrol dealers to induce officials of the DPR or that of the state government to approve such new gas stations at the roadblock axis of the town.
A plank trader among the protesters, Mrs Jumoke Akinsele, said that nobody would be safe again if new gas or filling stations were allowed to be located in the area.
“We, plank sellers here appealed to our baba (father), Governor Oluwarotimi Akeredolu, to stop the location of another gas station beside a filling station and a house that was on fire yesterday.
“Most of us are widows, this is where we get money to feed our children and send them to school, we don’t want fire to consume our markets,” she said.
Another plank seller, Mrs Eunice Akeju, who also spoke with journalists, said it was unacceptable to have three gas stations in such an area.
“We discovered recently that another gas station is about to be located around us here, we are protesting against this. We have a gas station, we also have petrol stations there, and that is why we are saying that we don’t want another one here because of our safety,” Akeju said.
The residents said they had written a petition to the state government and the DPR not to allow another gas station in the area.
Meanwhile, one of the victims of fire incident, Mrs Monisola Adewumi, pleaded with the state government to come to her aid as she took loan to set up her business.
Adewumi, who was crying profusely, appealed to well meaning individuals to assist her and other victims of the inferno.
An eyewitness also told newsmen that the fire which started in the night, gutted five rooms and shops with three big deep freezers, four big generators and other electronic appliances worth millions of naira.
The Tide recalls that last week, the Federal Government, through officials of the DPR, in conjunction with the Nigeria Security and Civil Defence Corps, NSCDC, started clamping down on illegal “roadside dealers” of cooking gas, originally known as Liquefied Petroleum Gas, to prevent fires.

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Oil & Energy

NERC, OYSERC  Partner To Strengthen Regulation

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THE Nigerian Electricity Regulatory Commission (NERC) has stressed the need for strict adherence to due process in operationalizing state electricity regulatory bodies.
It, however, pledged institutional and technical support to the Oyo State Electricity Regulatory Commission (OYSERC).
The Chairman, NERC, Dr Musiliu Oseni, who made the position known while receiving the OYSERC delegation, emphasised that the establishment and take-off of state commissions must align fully with the law setting them up.
Oseni said that the NERC remains committed to partnering with State Electricity Regulatory Commissions (SERC) to guarantee their institutional stability, operational effectiveness and long-term success.
He insisted that regulatory coordination between federal and state institutions is critical in the evolving electricity market framework, noting that collaboration would help to build strong institutions capable of delivering sustainable outcomes for the sector.
Also speaking, the Acting Chairman, OYSERC and leader of the delegation, Prof. Dahud Kehinde Shangodoyin, said that the visit was aimed at formally introducing the commission’s acting leadership to the NERC and laying the groundwork for a productive working relationship.
Shangodoyin said , the acting members were appointed to provide direction and lay a solid foundation for the commission during its transitional period, pending the appointment of substantive members.
“We are here to formally introduce the acting leadership of OYSERC and to establish a working relationship with NERC as we commence our regulatory responsibilities,” he said.
He acknowledged NERC’s readiness to provide technical and regulatory support, particularly in the area of capacity development, describing the backing as essential for strengthening the commission’s operations at this formative stage.
“We appreciate NERC’s willingness to support us technically and regulatorily, especially in building our capacity during this transition,” he added.
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NLC Faults FG’s 3trn Dept Payment To GenCos

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The Nigeria Labour Congress and the Association of Power Generation Companies have engaged in a showdown over federal government legacy debt.
NLC president Joe Ajaero has faulted the federal government’s move to give GenCos N3 trillion from the Federation account as repayment for a power sector legacy debt, which amounts to N6.5 trillion.
In a statement on Thursday, Ajaero said the Federal Government proposed the N3 trillion payment and the N6 trillion debt as a heist and grand deception to shortchange the Nigerian people.
“Nigerians cannot and should not continue to pay for darkness,” Ajaero stated.
Meanwhile, the Chief Executive Officer of the Association of Power Generation Companies, APGC, Dr. Joy Ogaji, said Ajaero may be ignorant of the true state of things, insisting that the federal government is indebted to GenCos to the tune of N6.5 trillion.
She feared the longstanding conflict could result in the eventual collapse of the country’s power.
According to her, the federal government’s N501 billion issuance of power sector bonds is inadequate to address its accumulated debt.
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PENGASSAN Rejects Presidential EO On Oil, Gas Revenue Remittance  ……… Seeks PIA Review 

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The Natural Gas Senior Staff Association of Nigeria(PENGASSAN) Festus Osifo, has faulted the public explanation surrounding the Federal Government’s recent oil revenue Executive Order(EO).
President of the association, Festus Osifo, argued that claims about a 30 per cent deduction from petroleum sharing contract revenue are misleading.
Recall that President Bola Ahmed Tinubu, last Wednesday, February 18, signed the executive order directing that royalty oil, tax oil, profit oil, profit gas, and other revenues due to the Federation under production sharing, profit sharing, and risk service contracts be paid directly into the Federation Account.
The order also scrapped the 30 per cent Frontier Exploration Fund under the PIA and stopped the 30 per cent management fee on profit oil and profit gas retained by the Nigerian National Petroleum Company Limited.
In his reaction, Osifo, while addressing journalists, in Lagos, Thursday, said the figure being referenced does not represent gross revenue accruing to the Nigerian National Petroleum Company Limited.
He explained that revenues from production sharing contracts are subject to several deductions before arriving at what is classified as profit oil or profit gas.
Osifo also urged President Bola Tinubu to withdraw his recently signed Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026.
He warned that the directive undermines the Petroleum Industry Act and could create uncertainty in the oil and gas industry, insisting that any amendment to the existing legal framework must pass through the National Assembly.
Osifo argued that an executive order cannot override a law enacted by the National Assembly, describing the move as setting a troubling precedent.
“Yes, that is what should be done from the beginning. You can review the laws of a land. There is no law that is perfect,” he said.
He added that the President should constitute a team to review the PIA, identify its strengths and weaknesses, and forward proposed amendments to lawmakers.
“When you get revenue from PSC, you have to make some deductibles. You deduct royalties. You deduct tax. You also deduct the cost of cost recovery. Once you have done that, you will now have what we call profit oil or profit gas. Then that is where you now deduct the 30 per cent,” he stated..
According to him, when the deductions are properly accounted for, the 30 per cent being referenced translates to about two per cent of total revenue from the production sharing contracts.
“In effect, that deduction is about two per cent of the revenue of the PLCs,” he added, maintaining that the explanation presented in the public domain did not accurately reflect the structure of the deductions.
Osifo warned that removing the affected portion of the revenue could have operational implications for NNPC Ltd, noting that the funds are used to meet salary obligations and other internal expenses.
“That two per cent is what NNPC uses to pay salaries and meet some of its obligations.The one you are also removing from the midstream and downstream, it is part of what they use in meeting their internal obligations. So as you are removing this, how are they going to pay salaries?” he queried.
Beyond the immediate impact on the company’s workforce, he cautioned that regulatory uncertainty could affect investor confidence in the sector.
“If the international community and investors lose confidence in Nigeria, it has a way of affecting investment. That should be the direction. You don’t put a cow before the horse,” he added.
According to him, stakeholders, including labour unions and industry operators, should be given the opportunity to make inputs at the National Assembly as part of the amendment process saying “That is how laws are refined,”
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