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NNPCL: Kyari faces public outcry over alleged ₦3trn fuel importation fraud
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NNPCL: Kyari faces public – The coalition urged the…
The coalition urged the Central Bank of Nigeria (CBN) to halt further payments for fuel imports, demanding regulatory scrutiny into the financial and quality aspects of imported fuel
The Coalition for Economic Liberation and Transformation (CELT) has alleged a staggering ₦3 trillion fuel importation fraud involving the Nigerian National Petroleum Company Limited (NNPCL) and its business partners.
Speaking at a press conference in Abuja on Friday, November 15, CELT’s Executive Director, Henry Owolabi, criticised NNPCL’s Group CEO, Mele Kyari, for favouring fuel imports over domestic refining.
Between October 1 and November 11, Nigeria imported 1.5 million metric tonnes of premium motor spirit, 414,018 metric tonnes of diesel, and 13,500 metric tonnes of aviation fuel.
Owolabi condemned this practice, citing the Dangote Refinery’s capacity to process 650,000 barrels of oil daily as a viable alternative.
“Kyari’s deliberate sabotage of our refineries is criminal,” Owolabi asserted, adding that the importation exacerbates Nigeria’s currency challenges.
READ ALSO: I’ll reveal truth about NNPC operations in due time – NNPC boss Kyari
CELT claimed Kyari’s actions undermine President Bola Tinubu’s policies aimed at strengthening the naira through domestic crude sales to local refineries.
“This irresponsible importation compromises the naira and disrespects the President’s efforts to stabilise the economy,” Owolabi said.
CBN told to open investigation
The coalition urged the Central Bank of Nigeria (CBN) to halt further payments for fuel imports, demanding regulatory scrutiny into the financial and quality aspects of imported fuel.
“Kyari and his cronies should source their own foreign exchange if they insist on importing what we can produce locally,” CELT declared.
READ ALSO: Kyari, NNPCL under fire over $2bn Port Harcourt Refinery project
Calling for Kyari’s dismissal, CELT emphasised the need for transparency and accountability in NNPCL operations. The group also advocated prioritising domestic refining to ensure energy security, reduce costs, and promote economic growth.
“This scandal is a wake-up call for the government to invest in functional refineries and redirect funds towards critical sectors like healthcare and education,” Owolabi concluded.
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Okpebholo orders Edo LG chairmen to submit 16 months account statements in 48 hours
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3 hours agoon
December 3, 2024By
JohnOkpebholo orders Edo LG – Okpebholo orders Edo LG…
Okpebholo orders Edo LG – Gov. Monday Okpebholo of…
Gov. Monday Okpebholo of Edo on Tuesday directed the 18 local government chairmen in the state to submit their statements of account from September 2023 to date within 48 hours.
A statement by Fred Itua, the Chief Press Secretary to the governor, instructed that the documents should be submitted to the Assets Verification Committee through the Secretary to the State Government (SSG).
At a meeting with the chairmen, the governor emphasised the administration’s commitment to transparency and accountability.
Okpebholo, represented by the Deputy Governor, Dennis Idahosa, assured the council chairmen of collaborative governance for the betterment of the state.
The governor reiterated that the directive would enhance the committee’s ability to verify assets efficiently. According to the governor, I have listened keenly to the ALGON Chairman, I’m a leader of all and we are one family.
The governor urged the chairmen to comply with the directive promptly to support the committee’s work.
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LASEMA rescues 4 victims from road accident on Third Mainland Bridge, Lagos
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6 hours agoon
December 3, 2024By
JohnLASEMA rescues 4 victims – LASEMA rescues 4 victims…
LASEMA rescues 4 victims – The Lagos State Emergency…
The Lagos State Emergency Management Agency (LASEMA), said it rescued four accident victims on Monday evening.
The agency’s Permanent Secretary, Dr Olufemi Oke-Osanyintolu, said this in a statement on Tuesday in Lagos. Oke-Osanyintolu said the victims were severely injured in the accident involving two buses.
He said that the incident happened in the late hours of Monday, on Third Mainland Bridge, inward Owroronshoki.
“Following distress calls received through the 767 and 112 toll-free emergency lines at 17.25hrs, LASEMA activated its emergency response team from the Command and Control Centre, Alausa, Ikeja.
“On arrival to the incident scene at 17.35hrs, we discovered that a white Toyota coaster bus, Registration Number KJA-380-XV collided with a parked Lagos State BRT, Registration Number AGL938-YD.
“This happened while the coaster bus was on motion resulting in significant damage and injuries.
“The accidented Toyota Coaster bus blindsided a parked BRT in an attempt to overtake a car while headed inward Iyana Oworo,” he said.
He said four people were severely injured including the driver, adding that no fatalities were recorded in the incident.
“The recovery operation was coordinated by the agency and we extricated the trapped passengers.
“The injured victims were administered pre-hospital care treatment by the agency’s paramedics before being evacuated to nearby government-owned hospitals.
“The white coaster bus was subsequently towed to Iyana-Oworo and handed over to the Police. Recovery operation concluded,” he stated.
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Labour strikes cripple activities in 4 states over ₦70,000 minimum wage
Published
9 hours agoon
December 3, 2024By
JohnLabour strikes cripple activities – Labour strikes cripple activities…
Labour strikes cripple activities – Economic activities were paralysed…
Economic activities were paralysed in Abuja, Nasarawa, Kaduna, and Ebonyi states on Monday as the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) embarked on a one-week warning strike over the non-implementation of the ₦70,000 minimum wage.
In Abuja, teachers expressed frustration with the Federal Capital Territory’s (FCT) area councils for failing to comply with the minimum wage directive.
The labour action caused widespread disruption to public services across the nation’s capital.
Kaduna state saw ministries and agencies grind to a halt despite the government’s claims of having commenced minimum wage payments in October, barring consequential adjustments.
“We have started implementation,” said a Kaduna State official.
However, workers dismissed these claims as insufficient.
In Ebonyi, Governor Francis Nwifuru responded to the industrial action by announcing a 72-hour ultimatum for workers to resume or face dismissal.
He stated that the state government had approved and started implementing a ₦75,000 minimum wage.
However, striking workers described the announcement as “mere rhetoric” lacking actionable backing.
Nasarawa also witnessed widespread disruption, with organised labour accusing state authorities of failing to meet the October and November implementation deadlines.
The strike highlights escalating tensions between labour unions and state governments over wage disparities. Union leaders have vowed to sustain their protest until their demands are met.
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