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Petrol marketers synergise to boost distribution, availability of petroleum products  

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The Association of Distributors and Transporters of Petroleum Products (ADITOP), and the Independent Petroleum Marketers Association of Nigeria (IPMAN) are synergising to boost the distribution and availability of petroleum products in the country.

The News Agency of Nigeria reports that the synergy became imperative in view of the incessant fuel crises being witnessed in the country.

The two associations on Wednesday in Abuja at a joint news conference highlighted the new objectives under the synergy to serve Nigerians better.

Alhaji Lawan Dan-Zaki, the President of ADITOP while briefing newsmen, said the Nigerian National Petroleum Company Ltd. (NNPC) had a lot of products at the depots but the main problem was how to transport the products around the nation.

Dan-Zaki said the new collaboration would ensure that issues bordering on distribution and availability of products, scarcity and unnecessary strikes were addressed properly in the oil and gas industry.

“Transportation in business is very vital because IPMAN owns the fuel stations while ADITOP owns the trucks, so the synergy will help in conveying all the products to their various stations.

“The queues you witness in the country will finally subside, we will give the NNPC all the support to ease the distribution of petroleum products,” he said.

He expressed gratitude to the NNPC management for its partnership with the Ministry of Works and Housing on the rehabilitation of some major roads in the country to ease the transportation of petroleum products.

In his address, Elder Chinedu Okoronkwo, the President, of IPMAN said the collaboration was aimed at having hitch-free flow and distribution of petroleum products because the oil and gas sector remained the mainstay of the Nigerian economy.

According to him, the investment portfolio of IPMAN and ADITOP is running in trillions while the tankers and major stations being seen are combined efforts of the two associations.

He said over time, the sector had not been able to have this kind of synergy or a clear cut organisation majorly involved in oil and gas like ADITOP.

According to him, this has a huge investment in transportation as its facilities must be utilised to enhance the sector.

He said the collaboration would bring a new horizon to the industry to project members’ welfare and eliminate incessant strikes in the system.

Okoronkwo lauded the assistance being rendered by the associations’ Consultant and Chairman of Benham Group, Dr Maurice Ibe, adding that the new management of the associations would foster a lot of values in the sector.

Ibe decried the worst hardship experienced in the petroleum sector in the past couple of weeks due to a gap within the distribution chain.

“The products are not getting to Nigerians because the owners of the tankers seem to have lost control of the vehicles and equipment to those who drive the trucks.

“While the products are being diverted to neighbouring countries, thereby, short-changing Nigerians.

“People literally hijacked the transportation of petroleum resources in the country,” he said.

Ibe said it was on this note that it felt the necessity to bring the marketers who owned the fuel stations and distributors of the products to form a synergy.

The synergy he said would alleviate the sufferings of Nigerians by ensuring that products reach every nook and cranny.

“We can’t do this without having the principle stakeholders who control 80 per cent of the downstream sector in Nigeria together, we want to ensure that their activities yield dividends,” he said.

He expressed displeasure over issues of bunkering, heavy taxation, bad roads and banditry, adding that there was a need to address them.

According to him, the associations intend to aggressively engage with all agencies of government to make the roads motorable, safer and plyable for members.

 

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China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

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China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

China has revamped its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a more convenient refund-upon-purchase system, according to the State Taxation Administration (STA).

The STA announced on Tuesday that under the new system, foreign visitors can now claim Value Added Tax (VAT) rebates instantly at designated tax-free stores. This change allows tourists to use their refunded amount immediately for additional shopping, enhancing their overall experience in China.

Previously, VAT rebates could only be withdrawn upon departure, but with the new policy, tourists will be able to access their refunds in real-time during their stay. The policy, which was initially tested in cities like Shanghai, Beijing, and Guangdong, has now passed all operational requirements and will be rolled out nationwide.

The STA emphasized its dedication to improving policy guidance and simplifying refund procedures to better serve international visitors.

Li Xuhong, Vice-President and Professor at the Beijing National Accounting Institute, welcomed the change, stating that the nationwide implementation would raise China’s tourism service standards. “It will foster a friendly, efficient, and convenient tourism environment,” Xuhong added.

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Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan’s Trade Office Claims

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Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan's Trade Office Claims

Rep. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reiterated Nigeria’s firm commitment to the One-China Policy, following recent comments by Taiwan’s Trade Mission Head in Nigeria, Andy Yih-Ping Liu.

Speaking in Abuja on Tuesday, Yakubu firmly declared that Nigeria continues to recognize Taiwan as an integral part of the People’s Republic of China. He rejected Liu’s claim that Taiwan was not part of China, labelling it as “propaganda” aimed at undermining the strong diplomatic ties between Nigeria and China.

“For the record, United Nations General Assembly Resolution 2758, adopted in 1971, recognised the People’s Republic of China as the sole legitimate representative of all of China, including Taiwan,” Yakubu stated. “The One-China Policy remains the cornerstone of China-Nigeria relations.”

He emphasized that since Nigeria and China established diplomatic ties in 1971, the country has consistently upheld this principle. “Efforts by Taiwan’s trade office to challenge this stance are futile and will not succeed,” Yakubu added.

Yakubu criticized Liu’s comments as an attempt to draw Nigeria into China’s internal matters, accusing the Taiwanese official of deliberately sowing discord and provoking a diplomatic rift. “Nigeria’s relationship with China is built on mutual respect and non-interference in each other’s political matters,” he said.

In response to Liu’s claim that China acted as a bully, Yakubu pointed to the positive trajectory of Nigeria-China relations. “Contrary to these baseless assertions, Nigeria has enjoyed a mutually beneficial partnership with China, yielding tangible results for both nations. Since 1971, our ties have grown significantly.”

He highlighted the strategic nature of the partnership, referencing the elevation of the relationship to a Comprehensive Strategic Partnership during the 2024 FOCAC Summit in Beijing. “Today, Nigeria stands as China’s second-largest trading partner in Africa, with bilateral trade surpassing 20 billion dollars,” Yakubu noted.

Furthermore, Yakubu praised China’s role in Nigeria’s infrastructural development, with investments in sectors such as rail networks, roads, ports, power stations, and water treatment facilities.

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Shettima Warns Media Against Romanticising National Challenges

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Shettima Warns Media Against Romanticising National Challenges

Vice President Kashim Shettima has cautioned Nigerian media practitioners against the growing tendency to romanticise serious national issues, describing the trend as a dangerous departure from the media’s constitutional duty of promoting truth and accountability.

Represented by his Special Adviser on Special Duties, Modibbo Umar, the Vice President issued the warning on Tuesday while delivering a speech at the 17th LEADERSHIP Conference and Awards held at the Old Banquet Hall of the State House, Abuja.

“We must resist the temptation to romanticise serious national issues or frame them in ways that distort public understanding,” Shettima said. “Doing so only weakens the fabric of our democracy and derails our collective efforts at nation-building.”

The Vice President’s remarks came as stakeholders in governance, business, and civil society gathered to reflect on the theme of the event, “Challenges and Opportunities in Nigeria’s Fiscal Federalism.” The conference provided a platform for thoughtful engagement on some of the country’s most pressing issues, with a focus on the responsibilities of leadership at all levels.

Shettima also used the occasion to commend LEADERSHIP Newspapers Group for its consistent contributions to national discourse and its commitment to celebrating excellence in leadership.

“I commend LEADERSHIP Newspaper for the vision to convene this vital discourse and for shining the light on those who have chosen to lead with courage and competence. May we never tire of striving for a better Nigeria,” he said.

The annual LEADERSHIP Conference and Awards continues to be a major event that brings together influential voices to deliberate on national progress and honour individuals and institutions making meaningful impact in society.

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