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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...

Fed Govt vows to deal with oil thieves, pipeline vandals, others


 

By Akinola Ajibade

...Kyari Optimistic of Containment
Chief Timipre Sylva, Minister of State for Petroleum Resources

The Federal Government has warned oil thieves, pipeline vandals and illegal refiners against causing more problems in the nation's oil and gas sector, saying that it would no longer condone the practices. 
The government further said that their days  are numbered , as iits planning to deal with perpetrators of such crimes soon.
The  Minister of State for Petroleum Resources, Chief Timipre Sylva; Chief of Defence Staff, General Lucky Irabor and the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commision (NUPRC), Engr. Gbenga Komolafe,gave the warning  during an on-the-spot- assessment of some pipelines damaged by pipeline vandals and other criminals in some areas and communities of Rivers State recently. 

At Ibaa Community in Emeoha Local Government of Rivers State where the powerful FG delegation witnessed an illegal refinery burnt down by the Military, Sylva said apart from causing huge losses for the country, the criminals were also destroying livelihoods of locals and the environment.

To solve the problem, Sylva said “the community must be involved, the security arm must be involved and the third arm which is the operating publics must also be involved. I want to let everybody know that these criminals have their days numbered because the country has lost so much from their activities.”

Also speaking, the Chief of Defence Staff, General Lucky Irabor said in carrying out Mr. President’s directives to contain losses from these criminalities, the Military will deploy a different strategy and a new drive by pursuing not only the criminals, but also their sponsors. “We are not only zeroing in on the criminals, but also on those who are supporting them.”

In his remarks, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe described the acts of crude oil theft and pipeline vandalism as “a national disaster and the perpetrators as criminals.”

“For those who want to do legitimate business, there are clear government regulations on how that is done. But what we’ve seen here today are criminals and their activities will no longer be tolerated.

On his part, the GMD/CEO NNPC, Mallam Mele Kyari explained that the scale of crude oil theft and pipeline vandalism seen in the community was beyond explanation, adding that all hands must be on deck to contain the spate of crude oil losses in the country.

While appreciating the current leadership of the Military, Kyari expressed confidence that through a collaborative effort of government security agencies, host communities and oil companies operating in the area and with the deployment of the right technology, the menace would be contained.


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