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NNPC allays fear of scarcity, insists enough fuel in stock

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Against the increasing fuel scarcity across the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS), popularly known as petrol, in stock.

In a statement on Thursday, Mr Adeyemi Adetunji, Executive Vice President, Downstream, NNPC Limited, noted that with enough fuel in stock, it would cater for motorists and car owners for more than 30 days.

According to him, officials are currently monitoring massive loading from the depot to various destinations to reduce the long queue, adding that the NNPC has programmed vessels and trucks to unconstrained depots.

The statement noted that the recent queues in Lagos are largely due to ongoing road infrastructure projects around Apapa and access road challenges in the state.

He said the gridlock is easing out, adding that NNPC retail and key marketers had intensified dedicated loading into Abuja to restore normalcy.

He reassured Nigerians that NNPC has sufficient products, and it has significantly increased product loading in selected depots and extended hours at strategic stations to ensure sufficiency nationwide while also working with industry stakeholders to ensure normalcy is returned as soon as possible.

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BREAKING: Emefiele finally appears before Reps committee after threat of arrest

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Godwin Emefiele, the Governor of the Central Bank of Nigeria, on Tuesday finally appeared before the House of Representatives Committee, investigating the Naira swap exercise.

The Committee and delegation of the CBN are currently meeting at the National Assembly.

The meeting commenced around 12:05 pm after over one-hour behind closed doors.

It would be recalled that several threats of arrest were issued by the House and the Committee on Thursday after Mr Emefiele shunned the House.

The CBN boss had announced an extension of the deadline for the new currency swap till 10th February. However, the committee has insisted that Emefiele must appear before them.

At the commencement of the meeting, the Chairman of the Committee, Ado Doguwa said the CBN boss provided reasons for missing previous invitations.

 

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Court dismisses ex-presidential candidate’s suit seeking Buhari’s sack

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A Federal High Court in Abuja on Monday dismissed a suit by a former presidential candidate of Hope Democratic Party, HDP, Chief Ambrose Albert Owuru, against the election of President Muhammadu Buhari, the presidential candidate of the All Progressives Congress, APC, in the 2019 presidential election.

The suit seeking the outright sack of President Buhari was thrown out by Justice Inyang Edem Ekwo on three major grounds.

Parts of the grounds are that the suit constituted a gross abuse of court process, statute barred and was an affront to the supremacy of the Supreme Court of Nigeria.

Besides, Justice Ekwo held that the suit was baseless, frivolous, irritating and vexatious in its entirety.

Owuru had, in the suit, applied for an order of court to declare the presidential seat vacant and swear him in as the authentic winner of that election.

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We’ll secure, unite Nigeria – Peter Obi promises Nigerians

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The presidential candidate of the Labour Party, LP, in this year’s elections, Mr Peter Obi, has promised to bring back a new Nigeria where every citizen will be proud to belong.

He lamented that presently, Nigerians are ashamed to identify themselves as Nigerians because of the many challenges the country is faced with.

Speaking in Kaduna on Wednesday while flagging off his presidential campaign in the North, Peter Obi said: “Kaduna was the capital of Northern Nigeria where every Nigerian was proud to belong, hence we started the campaign here in Kaduna. We are about to bring back that Nigeria where everybody was happy to belong. Kaduna State represented productivity in the North. It represented what was good in Nigeria. And that is what we want to bring back. We are tired of hearing stories.”

According to him, Kaduna State hosts the best military formations in the country, it is supposed to be more secure than any part of the country, adding: “But there are so many security challenges in the state. We will secure and unite Nigeria. Security will come back again.”

He noted that insecurity in the country is not because the bandits are more formidable than the government, but because of bad leadership.

“That is why the bandits are everywhere and operating almost freely, killing and causing unimaginable destruction of valuables,” he stated.

Obi assured: “We will restructure the security architecture. Security personnel will be well taken care of. We will ensure their lives are taken care of so that their families are taken care of in the event of death.”

He added: “Datti and I will change this country from consumption to production country because of the high prices of things. All the vast lands in the north will be centres of agriculture. Kaduna State again will become a processing centre. The Bank of Agriculture, (BoA) will finance food production in Nigeria and all the support groups, youth, women and all Nigerians, their labour for the party will not go in vain.”

In the coming elections, he explained that nobody should tell one another about tribe, religion or section, stressing that things are not sold in Nigeria based on religion, tribe or section, but all are suffering from the bad leadership of the country.

Senator Datti Baba-Ahmed, the Labour Party presidential running mate stated that those looking for peace, unity, desiring that things work fine in Nigeria should cast their votes in the coming elections in order to ensure the emergence of a new Nigeria.

He assured: “Nigeria has never gotten the calibre of presidential candidates as it is presently. Kaduna is the centre of good things in the country and hopes the people of the state will come out en masse to change the narratives of this country through their votes by electing Labour Party to power for the good of every Nigerian.

“We are people that said and do exactly what we promised to do. We are serious in ensuring the betterment of Nigeria and ensure equality in all aspects of life for all Nigerians. We promised to wipe away the tears of the common man and give them a sense of belonging. It is only Peter Obi that is saying that Nigerians should vote for him because of his credibility.”

The gubernatorial candidate of the party in Kaduna State, Jonathan Asake thanked the youths for being a great engine room of the party as well as women and the support groups, saying, “there will be inclusiveness in all spheres of life to enhance the living standards of all Nigerians because the party means well for Nigerians and Nigeria.”

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