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July 26, 2024 Senate to Summon CBN, NPA, NNPCL, Dangote and Others Over Economic Sabotage in the Petroleum Sector

Senate to Summon CBN, NPA, NNPCL, Dangote and Others Over Economic Sabotage in the Petroleum Sector

The Senate has revealed plans to summon the Central Bank of Nigeria (CBN), Nigeria Port Authority (NPA), Nigerian National Petroleum Company Limited (NNPCL), Dangote Group, and Minister of State for Petroleum, HEINEKEN LOKPOBIRI among others, for questioning over alleged economic sabotage in the country’s petroleum industry.

 This was disclosed in a media briefing by the Leader of the Senate and Chairman of the Senate ad-hoc committee on “Alleged Economic Sabotage in the Nigerian Petroleum Industry.

The chairman disclosed that the 14-member committee constituted on 23rdJuly would investigate billions of dollars spent on turnaround maintenance of the state-owned refineries in the last decade to address deep-seated challenges confronting the industry.

A public hearing scheduled for September 10 is expected to have the contractors handling the turnaround maintenance for the refineries in attendance as the ad-hoc committee prepares to visit Lagos, Port Harcourt, and Warri to engage with key actors in the petroleum industry.

The committee says there would be no room for sacred cows and it is ready to issue a warrant of arrest to any head of the agency that refuses to honor the invitation for appearance.

July 26, 2024 DSS Warns Intending Protesters Against Violence Ahead of Planned 10 Days of Rage

DSS Warns Intending Protesters Against Violence Ahead of Planned 10 Days of Rage

The Department of State Services has warned against the planned nationwide protest, tagged 10 Days of Rage across the country.

The agency said on Thursday that it had already identified the sponsors of the planned protest and warned them not to proceed with it as it is not in Nigeria’s best interest.

The warning is contained in a press statement signed by the Director of Public Relations and Strategic Communications, Dr.PETER AFUNANYA, and made available to newsmen.

The statement alleged that the goal of the planners according the the Hashtags #TinubuMustGo and #RevolutionNow is to illegally force a change of democratically elected leadership, especially at the centre using violent means.

July 26, 2024 Manufacturers Association of Nigeria Warns Federal Government Against De-Marketing Local Content

Manufacturers Association of Nigeria Warns Federal Government Against De-Marketing Local Content

The Manufacturers Association of Nigeria, MAN, has cautioned the federal government against de-marketing local industries.

This came on a day civil society and religious groups demanded a probe into activities of the Nigerian National Petroleum Company Limited NNPCL, following allegations by ALIKO DANGOTE that some officials of the company operate a blending plant in Malta, from where they import low quality fuel into the country.

MAN’s Director-General, SEGUN AJAYI-KADIR has warned that government agencies providing regulatory oversight functions should promote an enabling environment for local investments to thrive.

July 26, 2024 Governor Umo Eno Urges Political Appointees to Ensure Proper Distribution of Rice Palliatives

Governor Umo Eno Urges Political Appointees to Ensure Proper Distribution of Rice Palliatives

Governor UMO ENO has urged Local Government Transition Chairmen, Ministries of Agriculture, Local Government Affairs and other relevant agencies to ensure timely and transparent distribution of the palliatives provided by the federal and state governments to cushion the current hardship.

Governor ENO made the call in a meeting with Commissioners for Agriculture, Local Government and Chieftaincy Affairs, and Local Government Transition Chairmen to clarify criteria and expedite action on the palliative distribution.

 

The Governor reaffirmed the receipt of 24,000 25Kg bags of rice from the federal government and the addition of another 24,000 of same 25Kg bags by the Akwa Ibom State Government to make it 48,000 bags.

He said 20 bags will be distributed to each of the recognized villages in the state.

Confirming the readiness to commence distribution of the items by Friday, 26th July, the Governor urged the Chairmen to be on ground in their various local government councils to receive and endeavour to release them to village heads immediately, while charging village heads to ensure fairness in the distribution.

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