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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...
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Deadline: AIT, Silverbird, others must pay their debts latest Tuesday or ........






By Akinola Ajibade


The  recently restored licences of the fifty two radio and television stations would be revoke again, if they fail to pay their debts on or before Tuesday, August 23rd, the National Broadcasting Commission ( NBC) has said.

The debts were licensing fees, which  according to NBC have accumulated over a period of years.

The Commission ordered them to pay their debts latest 6.00pm Tuesday next week, following the decision by the Director-General, Mallam Balarabe Shehu Ilela to grant them extension on compassion ground.

IPI Nigeria President, Musikilu Mojeed said: 

 " We are glad to report that the Director-General, NBC, Mallam Balarabe Shehu Ilela has graciously agreed to grant an extension on compassionate ground".

Adding that: " Even though this  is a temporary relief, we are hoping that all parties will engage in the next few days, with a view to arriving at a lasting solution on the matter. We thank the Minister of Information, Alhaji Lai Mohammed and Mallam Ikela for listening to us and allowing us a window for dialogue.

Stating the reason for the revocation of their licences, the Commission said that its relies  on  Section 10 (a) of the 3rd Schedule of the National Broadcasting Commission Act CAP N11, Laws of the Federation of Nigeria, 2004, to order the stations off air beginning this Saturday.

 Section 10,  according to the Commission, says license may be revoked in the following cases, that is (a) where the prescribed fee has not been paid on the due date.

Recall that after the revocation of the licensed of the 52 broadcasting stations during the week,  IPI engaged the Ministry of Information and Culture, NBC and the Broadcasting Organisation of Nigeria ( BON) on how to amicable resolution of the dispute.


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