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...

Fed Govt- Nigerians: Go about your normal daily activities




.         President Muhammad Buhari


By Akinola Ajibade


The Federal Government has ruled out attacks against the country before and after 2023 general elections, urging Nigerians to go about their daily activities without any fear molestation. 

This is coming on the heels of the recent secutiny advisories by the United States and United Kingdom, which warned their citizens to stay clear of impending  attacks against the country. 

The two countries have seperatly raised alarm that Nigeria is under serious attacks by insurgents and others soon, and that their nationals in Nigeria should beware.

Speaking after a Security Council Meeting presided over by President Muhammed Buhari in Abuja, the National Security Adviser (NSA), Babagana Monguno,  said the situation is under control,  and also described as false and irresponsible the perception of heightened insecurity in Abuja as painted by the UK and the US.

He insisted that the alert was for Americans and British citizens, stressing that the alert has  that complicated the situation.

The alert, he said, was simply an unnecessary distraction and nothing untoward so far.

He advised Nigerians to go about their daily activities without fear, saying that the security agencies are in control and that the country is safe.The National Security Adviser (NSA), Babagana Monguno, has assured Nigerians that there is no cause for alarm, this is against the backdrop of recent security advisories by the United States and the United Kingdom,

According to the NSA, he said the situation is under control, and described as false and irresponsible the perception of heightened insecurity in Abuja as painted by the UK and the USA.

Monguno

Similarly,  the Chief of Defence Staff, General Lucky Irabor, assured Nigerians that there was no cause for alarm and advised Nigerians to remain confident in the ability of the security agencies to maintain law and order.

“I just want to use the opportunity to assure Nigerians that the armed forces, the police, and other security agencies are working round the clock to ensure that lives and property of Nigerians are well protected,” Irabor said.

“So far, there is no cause for alarm and Nigerians should go about their normal duties as the armed forces and all the security agencies are well poised to protect them accordingly.”

In attendance at the meeting were Vice President Yemi Osinbajo; Secretary to the Government of the Federation, Boss Mustapha; the Director-General of the National Intelligence Agency, Ahmed Abubakar, as well as the Chief of Staff to the President, Ibrahim Gambari.

Others are the Minister of Defence, Major General Bashir Magashi (rtd); the Minister of Interior, Rauf Aregbesola; and Minister of Police Affairs, Mohammed Dingyadi.

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...