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Reps invite minister over lingering petrol scarcity

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The House of Representatives has summoned Minister of State (Petroleum Resources) Heineken Lokpobiri to address the ongoing petrol scarcity across Nigeria. The invitation was made following a motion of urgent importance by Umar Ajilo. Relevant stakeholders in the petroleum industry have also been summoned.

Before the invitations were issued, the House expressed concerns over the difficulties Nigerians are facing due to the scarcity and the rising cost of petrol. They criticized the Nigerian National Petroleum Corporation Limited (NNPCL) for failing to resolve the perennial fuel scarcity problem despite having sufficient resources.

Umar Ajilo highlighted the hardships faced by Nigerians, with petrol prices soaring as high as N1,200 per liter in some states. He called for immediate action by the government to address the situation permanently.

The NNPCL expressed hope that normalcy would return soon, with the Major Oil Marketers Association of Nigeria (MEMAN) evacuating 300 million liters of petrol from Apapa and other parts of Lagos. MEMAN believes the scarcity will end in a few days.

However, the Independent Petroleum Marketers Association of Nigeria (IPMAN) threatened to shut down filling stations if the Federal Government fails to pay over N200 billion owed to them from the subsidy regime era.

NNPCL stated that logistical issues caused a three-day disruption in distribution, which has since been resolved. They assured that product scarcity has been minimal, but some may be exploiting the situation for profit.

MEMAN assured the public of adequate petrol supply, with their members evacuating 300 million liters of petrol, well above normal levels.

IPMAN demanded payment of their outstanding debt and warned of a nationwide shutdown if not paid promptly.

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) denied profiteering from the scarcity, stating they sell at NNPC’s approved prices.

In Lagos, filling stations had long queues, with prices ranging from N567 to N700, while black market prices reached N1,000 per liter. Badagry was severely affected, leading to transport fare hikes.

In the Federal Capital Territory, queues were longer than usual, and prices ranged from N700 to N1,000 per liter.

Ogun Traffic Compliance and Enforcement Corps (TRACE) deployed personnel to maintain order at filling stations.

In Osun State, the Taskforce on Petroleum Price Monitoring warned against hoarding petrol, while The Osun Masterminds (TOM) called for the shutdown of schools to alleviate the suffering caused by the scarcity.

Similar situations were reported in Ondo, Rivers, Kwara, Kano, Adamawa, Niger, Plateau, Taraba, and Jigawa states, with pump prices ranging from N670 to N1,200 and above in black markets.

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NMDPRA, EFCC Storm Illegal Chinese Refinery in Ogun (Video)

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and operatives of the Economic and Financial Crimes Commission (EFCC) on Tuesday stormed an illegal Chinese-operated refinery in Ogere-Remo, Ikenne Local Government Area of Ogun State.

The joint operation followed intelligence reports that revealed a well-fenced but crude yet technically sophisticated facility occupying more than three hectares of land.

During the inspection, officials observed underground tanks believed to have been used for heating and processing sludge oil, refining waste products, and substances suspected to be Automotive Gas Oil (AGO), popularly known as diesel. NMDPRA officials immediately sealed the facility.

Ogun State Coordinator of NMDPRA, Dr. Atilola Akinyemi, described the plant as a complete illegality operating without any permit from regulatory authorities.

“The underground storage facility behind the site has an estimated capacity of more than 90,000 litres, complete with underground heating systems, water hydrants for cooling, locally fabricated tanks and silos for separation,” Akinyemi told journalists.

He warned that if such adulterated products entered the market, they would pose serious risks to vehicles and engines. All recovered products have been confiscated by the Federal Government.

Director of the Department of Proceeds of Crime Management at the EFCC, Gbolahan Latona, stressed the need for collective patriotism in tackling economic crimes.

“Upon conclusion of investigation, the suspects will have their day in court and the proceeds of crime will be put to meaningful use,” Latona said.

Watch video below:

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Sanusi: Critics Are Not Enemies Of The Govt

” It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.

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The Emir of Kano, Alhaji Muhammadu Sanusi II, has advised the Federal Government against treating every comment about the administration as an attack on President Bola Tinubu.

The royal father gave the advise on the occasion of the Oxford Global Think Tank Leadership Conference, organised by the Oxford Global Think Tan.

Speaking virtually to the audience at the event, on Tuesday, Sanusi advised the government to tolerate constructive criticism.

“It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.

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Urbanisation: Lagos To Fall Behind Luanda as sub-Saharan Africa’s biggest city by 2050

The report titled ‘Sub-Saharan Africa’s Urban Awakening: Catalyzing Economic Growth and Job Creation’, also calculated that sub-Saharan Africa’s urban population will increase by 748 million between 2025 and 2050, reaching about 1.7 billion.

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A report conducted by the World Bank and the European Commission’s Joint Research Centre, has projected that Angola’s capital, Luanda,will overtake Lagos as sub-Saharan Africa’s most populous city by 2050, rising by 78 percent from 11.4 million to 20.3 million.

The report titled ‘Sub-Saharan Africa’s Urban Awakening: Catalyzing Economic Growth and Job Creation’, also calculated that sub-Saharan Africa’s urban population will increase by 748 million between 2025 and 2050, reaching about 1.7 billion.

The report estimated that Luanda’s population would increase from 11.4 million in 2025 to 20.3 million in 2050, adding 8.9 million residents over the period.

Lagos, the region’s most populous city in 2025 with an estimated 12.8 million residents, is projected to grow to 16.2 million by 2050, an increase of more than 25 percent.

Despite the growth, Lagos is expected to fall behind Luanda, whose population is projected to exceed that of Nigeria’s commercial hub by 4.1 million.

“Over this period, the population of Angola’s capital city, Luanda, is projected to increase by 78 percent from 11.4 million to 20.3 million.

In doing so, Luanda will overtake Lagos as SSA’s most populous city,” the report said.

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