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NNPC, IPMAN Partner Against Fuel Scarcity …NUPENG Seeks FG’s Intervention On Product Import Delay

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There are indications that the Nigerian National Petroleum Corporation (NNPC) has formed a new alliance with the Independent Petroleum Marketers Association of Nigeria (IPMAN) against scarcity of Premium Motor Spirit (PMS), popularly known as petrol.
The Major Oil Marketers Association of Nigeria (MOMAN) had earlier warned that Nigeria will run out of fuel in five days due to acute shortage of products from the delay in the first quarter fuel allocation by the Petroleum Products Pricing Regulating Agency (PPPRA).
The duo of NNPC and IPMAN, have however, debunked the statement as misleading, advising the public to avoid panic buying.
IPMAN’s National President, Aminu Abdulkadri, who made the new alliance with the NNPC known at a media briefing, on Monday, denounced the rumour of proposed fuel scarcity, warning marketers against causing panic.
“We are lodging petroleum products adequately from all NNPC depots across the country and we don’t think there is any proposed scarcity because NNPC and PPMC have assured us of sufficient stock in the country,” Abdulkadiri said.
In spite of the unending challenges posed by pipeline vandalism and product theft in the country, he said, the NNPC and its subsidiary have sufficient stock of products in their marine reserve and national strategic reserve to ensure that the country remains wet with petroleum products round the clock.
He cautioned members of the public against any form of hoarding or panic buying of petroleum products in anticipation of scarcity.
“The fuel situation in the country is quite stable; no cause for alarm, this smooth supply of products had been sustained for a period of two-years.
“I want to assure Nigerians that the Minister of Petroleum, Mrs Diezani Alison-Madueke, through the Group Managing Director, NNPC, Engr. Andrew Yakubu, and the Managing Director, PPMC, Mr Haruna Momoh in conjunction with IPMAN president, we have been working tirelessly in ensuring we maintain the tempo,” he said.
According to Abdulkadri, “l want to assure our members that there is no cause for alarm, we need to step up our bridging in areas where products supply is lacking, and we should augment, because vandalisation of the products pipelines had been a serious menace in the country.
“NNPC, PPMC and the leadership of IPMAN have been on top of the situation; we should not encourage anybody that will portray the country bad by saying we are running out of fuel.
“What we have in the country currently is adequate. And we have equally agreed with the Petroleum Equalisation Fund (PEF) to ensure payment of marketers’ bridging claims as at when due, which at the moment, the agency is doing its best.
The IPMAN boss said that in furtherance to the realisation of democracy dividends by the Federal Government, the petroleum minister has agreed to sustain the supply of kerosene direct to Nigerians.
Meanwhile, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) yesterday appealed to the Federal Government to step in and ensure timely approval of importation of petroleum products.
The Lagos Zonal Chairman of NUPENG, Mr Tokunbo Korodo, gave the advice in an interview with newsmen in Lagos.
The call by NUPENG is coming on the heels of similar appeals by the Major Oil Marketers Association of Nigeria and other interest groups in the oil sector.
“The danger in the delay is that it will cause artificial scarcity when you are not allocating as at when due.
“There is no way the distribution chain will not be disrupted and when the distribution chain is disrupted, it is going to affect the loading system at the depot.’’
According to him, if the loading system is affected there is nothing anybody can do about it.
“If it is not properly handled, then Nigerians will have to be on queue for hours before they get fuel.
Korodo said that although the year could be challenging for government because of the 2015 elections, priority must be given to things that must be done
“Government should be more proactive and do the right thing at the right time.
“We know that it is more challenging for government this time around but whatever they have to do to sustain the supply of petroleum product must be done.
“ I know this year is the year of politics but they should not abandon their responsibilities.
“They should face the primary assignment they canvassed for before they were elected into office,’’ he said.
Our Correspondent reports that the Petroleum Products Pricing Regulatory Agency (PPPRA) has yet to give approval for the importation of petroleum products this year.
PPPRA gives the approval every quarter.
The non-release of the approval had apparently rattled oil marketers, who expressed fear that the country may be in for another round of acute fuel scarcity.
However, the Nigerian National Petroleum Corporation (NNPC) has assured that fuel scarcity crisis was not about to occur in the country.
Oil-producing Nigeria has often faced fuel scarcity crisis but the administration of President Goodluck appears to have checked the problem in recent times.

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Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers  …Charges Appointees To Embrace Principles Of Service 

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The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.

 

He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.

 

 

 

This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.

 

 

 

Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.

 

 

 

The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.

 

 

 

Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.

 

 

 

“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.

 

 

 

“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.

 

 

 

The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.

 

 

 

“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.

 

 

 

He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.

 

 

 

Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.

 

 

 

“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.

 

 

 

In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.

 

 

 

“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.

 

 

 

He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.

 

 

 

He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.

 

 

 

The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.

 

 

 

Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.

 

 

 

Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.

 

 

 

Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.

 

 

 

 

 

 

 

 

 

 

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Rivers PDP Debunks Sale Of LGA Election Forms

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The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.

 

Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.

 

He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.

 

“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.

 

“However, the party has firmly denied these rumours, stating that they are baseless and untrue.

 

“The party has its own established methods of reaching out to its numerous supporters.

 

“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.

 

“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.

 

Enoch Epelle

 

 

 

 

 

 

 

 

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South-South contributes N34trn to Nigeria’s economy in 2024 – Institute

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Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.

He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.

He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’

Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).

The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.

According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.

“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.

“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”

Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.

He,  however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.

On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.

Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.

“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.

“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.

He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.

Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.

Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.

Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.

He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.

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