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Petrol may hit N250/litre despite N4tr subsidy

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Petrol may hit N250/litre despite N4tr subsidy

The current scarcity of Premium Motor Spirit (PMS) across the country might worsen, pushing up pump price to N250 per litre, despite payment of over N4 trillion subsidy in the 2022 budget.

The Nigerian National Petroleum Company Limited (NNPC) – the sole importer of petrol – is reportedly without the product, as most of its stations, including the newly acquired Oando outlets, were empty yesterday.

Marketers adjusted their prices to N180 per litre against the official price of N165, with the Independent Petroleum Marketers Association of Nigeria (IPMAN) telling The Guardian that ex-depot price has moved to N190 per litre and that an upward review is imminent.

While both NNPC and the Nigerian Midstream Downstream Petroleum Regulatory Authority (NNPC) did not respond over the development, petrol stations in most northern states have already begun dispensing at N250 per litre.

Most marketers, who spoke to The Guardian, disclosed that the state oil firm has no products. At the NNPC fuel station around Ketampe in Abuja, only two pumps were dispensing. Motorists spent an average of four hours on queues. Others bought a litre at N500 from black marketers who sold in kegs.

In the Federal Capital Territory, some residents have begun spending the night in their cars at fuel stations, hopeful of the next day.

In Lokoja, Ajaokuta and the Anyigba area of Kogi State, the few stations that had fuel dispensed at N250 per litre. Most stations in Abuja were under lock. The few that dispensed, like Nipco at Jabi, NNPC at Ketampe and others, had long queues.

About three months ago, the Federal Government quietly approved increment in fuel prices, following claims by marketers that they could no longer sustain their operations by selling at the regulated price of N165 per litre.

Recall that the chairman of IPMAN (Western zone), Dele Tajudeen, last week, said there has been an increase in depot price from N148.7 per litre to N178.

A vice president of the association at the national level, Abubakar Shettima, also told The Guardian, yesterday, that the ex-depot price has moved to N190 per litre.

He disclosed that the N180 pump price would only apply to product that was stocked, stressing that the price would be adjusted to meet prevailing market realities.

In Abuja, a motorist, Ugbeda Ojogbane, said he spent about three hours on the queue before filling his tank at the NNPC station in Lugbe. “It is sad that we produce oil and have to go through this. The country is becoming difficult by the day,” he said.

Another, Sodiq, said he spent about four hours on the queue before buying petrol at Dutse Junction, along the Kubwa expressway in Abuja.

Some stakeholders alleged that NNPC is starving government-owned depots and keeping marketers from loading, while diverting products to some private depots.

The development is coming at a time ship owners, under the aegis of the Ship Owners Association of Nigeria (SOAN), are threatening to embark on strike in the coming week over N90 million debt owed by NNPC for charter services rendered in the last eight months.

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Commission, journalists partner to revamp water sector in Kaduna

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The Kaduna State Water Services Regulatory Commission (KADWREC) says it is partnering media practitioners towards revamping water services in the state.

Mr Dogara Bashir, the Executive Chairman of KADWREC, disclosed this on Monday at a one-day workshop organised for media practitioners on regulation of ‘Water, Sanitation and Hygiene’ (WASH) activities held in Kaduna.

Bashir said the commission was aware of the importance of the role media practitioners played in the society.

He stated that the workshop was to provide an avenue to liaise with them as important stakeholders on water supply and sanitation services in the state.

Bashir said: “As media practitioners, we believe you are a gateway to the citizens so, the workshop would acquaint you with some of the regulations already in place so that you can in turn transmit it to the public

“The state of water services in Kaduna State is in dire need of attention and the State Water Corporation and KADWREC were established towards addressing the seeming challenges.

“The commission is mandated to ensure better service delivery and regulation of water and sanitation services in the State.

“The idea is that once the regulations are developed, we send them to the State Ministry of Justice to gazette and then we get the state government to endorse and give the go ahead to commence the implementation of the regulations

“We intend to implement them fully come January, 2025 God willing, as we have embarked on advocacy activities having gone to zones 1 and 2 where we talked to traditional rulers, security agencies and the Judiciary.”

He disclosed that a special Court has already been attached to the commission by the Chief Judge of the State for service providers who may likely violate regulations.

The chairman further said that amongst the commission’s objectives include ensuring security, reliability and quality of service in the production and delivery of water to the consumers as well making regulations to control the sinking of boreholes.

Others included; maximising access to water services by promoting and facilitating consumer connections to distribution systems in urban and rural areas.

According to Bashir, they also include ensuring that regulatory decision-making has regards to all the relevant health, safety, environmental and social legislation applying to the water sector.

Bashir further said that the commission collaborate with the relevant state and federal agencies on water policies.

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Crime

2 ladies docked for allegedly obtaining money by fraud

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The police in Lagos have dragged two women, Mmesuma Ofunna, and Blessing Adimekwe, before an Ojo Magistrates’ Court in Lagos, over alleged obtaining money by false pretence.

Ofunna, 22, and Adimekwe, 25, were arraigned before the Magistrate, Mr L K J Layeni, on a four-count charge bordering on conspiracy, obtaining by false pretence, stealing and conduct likely to breach peace.

They each, however, pleaded not guilty to the charge.

The prosecutor, ASP Simon Uche, told the court that the defendants conspired with others now at large, to commit the offence on Oct. 26 at the Okokomaiko area of Ojo.

He alleged that they had obtained the sum of N70, 000 from one Faith Ahamefule, with a promise not to post her nude photo on social media.

The prosecutor alleged that the defendants later posted the nude photo of the nominal complainant on social media, knowing that their promise was false.

He alleged that they stole the N70, 0000, thereby conducting themselves in a manner likely to breach public peace.

The offence contravenes the provisions of sections 168(d), 287, 314, and 411 of the Criminal Law of Lagos State 2015.

The court granted the defendants bails in the sum of N500, 000 each, with two sureties each in like sum.

He adjourned the case until Jan. 8, 2025 for mention.

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Headlines

Driver jailed 6 months for attempting to steal a car

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A Jos Magistrates’ Court on Monday, sentenced a 37-year-old driver, Ahmad Umar to six months in imprisonment for attempting to steal a car.

The Magistrate, Shawomi Bokkos, summarily tried and sentenced the convict after he pleaded guilty to the charge.

Bokkos in his judgment, ordered the convict to pay an option of N30, 000 fine or spend six months in prison.

Earlier, the Prosecutor, Insp Ibrahim Gokwat, told the court that the case was reported on Oct. 10, at the Area Command Police station through a distress call by one Sydney Peacemorie the complainant.

Gokwat said the complainant parked his Toyota RAV4 in front of Access Bank and went inside to carry out some transactions, only to return to find the convict inside his car.

“The convict unlawfully opened the car and was in the driver’s seat when the complainant raised alarm and he was apprehended, but his accomplice escaped.

“The convict was severely beaten by a mob but was rescued by the police,” said Gokwat.

“The prosecutor said that the offence contravened the Plateau Penal Code Law.

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