Skip to main content

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...

Collapsed building: Eight bodies evacuated, as victims are counting their losses

By Akinola Ajibade

Eight bodies were do far  recovered from the collapsed building at Ebute-Metta in Mainland Area of Lagos state, at the time of filing this report 

This happens, as relations and passers- by in the area are counting huge losses suffered by the occupants of the building.

While many described the incident as tragic, others said that the occupants may not able to easily  recover from the incident.. 

Coupled with this is the fact that many people, who are living around where the incident occurred  are asking humanitarian agencies and the state government, to help the victims with funds in order to start a new life.

The house, which  is located at 24, Ibadan Street, Off Herbert Macaulay Way in the area has been  attracting  people from far and near since Sunday Night, when the incident happened.

The News Mirror' gathered that at least eight people( five males and three females) have lost their lives since Sunday when the building crumbled. There is likeihood of recording more casualties, as the search for more victims continue 

The National Emergenccy Management Agency( NEMA) iSouthWest Coordinator,  Mr Ibrahim Farinloye, in an interview with the media recently, said that 23 occupants of the building are nearing evacuation, adding that more people are going to be evacuated soon, as the search for them continue.

He said that the officials of the Lagos State Building Collapse Agency have begun the evaluation of occupants of the building, stating that the house has shown signs of distress before the incident.

“The building has shown signs of serious distress, with a part of it falling off.

“The building had earlier been marked as distressed but the occupants were deviant in leaving the premises,” Farinloye said.

Meanwhile, The landlord’s son, in whose care the collapsed three-storey building in the Ebute Metta area of Lagos State was entrusted, said he gave the occupants of the building quit notice when he discovered the visible stress on it.

Also, the caretaker told reporters that he was living in the building with other occupants when he noticed signs of distress.

He noted that he later left the building and rented an apartment in the same vicinity.

The caretaker added that the quit notice was handed over to the occupants which they failed to adhere to.

According to him,  he had not collected rental fees from the tenants for a long time since he had expected them to pack out.

Prior to this period,  the  National Emergency Management Agency (NEMA) said  that the death toll from the three-storey building which collapsed on Sunday about 10:56 p.m had risen to eight..


Comments

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first C...

Oil Block: Why Fed Govt Prioritises Production Bonus To Attract Local & Foreign Investors

Oil Blocks: Why FG Prioritizes Production Bonus to Attract Local and Foreign Investors By Ibrahim Musa The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host country upon achievement of oil and gas production, as a strategy for attracting investors to bid for Nigeria’s oil blocks. Previously, the government relied on a high signature bonus, which refers to a single, non-recoverable lump sum payment made upfront by oil companies for their rights to develop oil blocks, as an option for maximizing revenue generation, thus discouraging investors with limited resources from bidding. Currently, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC which regulates activities in the nation’s oil and gas industry, has removed all entry barriers to attract massive investments. This strategy aims at growing oil and gas production, enhancing Nigerian Content Development, attracting Foreign Direct Investment, contributing to l...

Axella Plans To Deepen Gas Utilisation in Nigeria

Axella' s Director of Business Development, Mr Franklin Imole By Favour  Ifeoluwa & Akinola Ajibade Axella's Gas Processing Plant announces Final Investment Decision ( FID) to develop a 50 MMASCF/D Gas Processing Plant, with h a view to deepen utilisation of gas  in the country. The firm, which is situated  in 0ML 56 in Delta State,  said that its making strategic investment in order to ensure that gas is available for industrial use in Nigeria. Situated in  Delta State, Southern Nigeria and billed to commence operation by the end of 2024, the facility, Axella' said, boasts of 12 MMSCF  Modular Plant with an interconnection pipeline network of about 4kilometres alongside other ancillary infrastructure. The facility, the company added, is expected to commence operation by the end of this year. Speaking on the plant ,  Axella's  Director of Business Development, Franklin Imole said: " As the Federal Government continues to pursue its...