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Independent Petroleum Marketers Association of Nigeria pledges support to curb pipeline vandalism



Independent Petroleum Marketers Association

Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday pledged to work with the Nigerian National Petroleum Corporation (NNPC) to curb pipeline vandalism.


Alhaji Ayo Alanamu, the Independent Petroleum Marketers Association of Nigeria (IPMAN) Chairman in Ejigbo Satellite Depot, gave the assurance in an interview with reporters in Lagos against the backdrop of frequent pipeline vandalism on the network.

Reporters recalls that a five-member gang was apprehended for vandalising NNPC pipeline and scooping over 60,000 litres of petrol in Idimu area of Lagos on Aug. 29.

The suspected vandals were caught by a vigilance group loading petrol into three tankers in Idimu and were handed over to the Nigeria Security and Civil Defence Corps (NSCDC).

Alanamu said that the Independent Petroleum Marketers Association of Nigeria would continue to support the fight against vandalism and urged security agencies to support IPMAN in bring the culprits to justice.

We will support security agencies to win the war against oil theft.

We all know the damage oil theft is causing to our economy. Like every other responsible Nigerian, we will support every move to win the war.

We have constituted a surveillance team to support NNPC to curb activities of vandals along the petroleum pipelines across the System 2B network, he said.

The Independent Petroleum Marketers Association of Nigeria helmsman said that activities of vandals were causing the nation huge losses.

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He said that the setting up of the team signified the readiness of IPMAN to support the Federal Government on surveillance of petroleum pipelines.

Alanamu expressed concern over incessant pipeline vandalism, especially in South-West zone of the country and commended government’s efforts to curb the menace.

Very soon, the menace will be stamped out.

I have advised my members to bear with government on the ongoing challenges facing loading at some depots.

It is our collective responsibility to check and bring pipelines culprit to book, Alanamu said.

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Labour Force

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers



Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.


The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja


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She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.


The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.

Read Also: FCTA Set to Implement Minimum Wage for FCT Workers

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CBN to End Forex Sales to Commercial Banks in 2022



Author: Eunice Johnson, Abuja 

The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of 2022. CBN Governor Godwin Emefiele made this known in Abuja on Thursday at the end of the Bankers’ Committee Meeting where he also introduced the RT200 Programme.




Emefiele said the time had come for the banks to go out there and source for forex by funding entrepreneurs with ideas. The CBN, Emefiele said, will support the banks by granting rebates and other support until the banks find their feet in sourcing their forex by themselves.

He also disclosed that the apex bank’s policies and measures have led to a significant improvement in diaspora inflow from an average of US$6 million per week in December 2020 to an average of over US$100 million per week by January 2022. He added that the CBN would be reviewing these intervention programmes going forward to ensure that they continue to achieve the desired results.

He said international bodies, including some embassies and donor agencies, have been complicit in illegal forex transactions that have hindered the flow of foreign exchange into the country.


Read Also: CBN Encourages Nigerians to Accept E-Naira

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Customs Corner

Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command



Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command

Author: Gift Wada, Abuja

The Comptroller General of Customs Col. Hameed Ibrahim Ali (Rtd.) has approved the deployment of 37 Comptrollers to various Units, Departments and Commands across the country.

This was disclosed in a release signed on Tuesday by the Customs Deputy National, DC Timi Bomodi for the Comptroller General of Customs.

Among those deployed are the present National PRO of Customs Comptroller Joseph Attah who will assume the office of Area Controller of Kebbi Command, Comptroller AAS Oloyede who shall be moving from ICT/MOD to Tin Can Island Port Command, while Comptroller SI Bomoi to FCT Command. Other postings are Comptroller BA Jaiyeoba to Oyo/Osun Command, Comptroller A Dappa-Williams to Eastern Marine Command, Compt. MA Umar Kano/Jigawa, Compt. KC Egwuh ICT/MOD, Compt. LM Mark Enugu/Anambra/Ebonyi, Compt. T Tachio CTC Kano, Compt. AA Umar Western Marine, Compt. M Dansakwa North Eastern Marine, Compt. AC Ayalogu T & T and Compt. KD Ilesanmi will assume duty as Comptroller Board among others.


Ali in postings released on 7th of February, charged the newly posted Comptrollers to justify the confidence reposed in them by NCS Management by bringing to bear their years of experience and training in trade facilitation and anti-smuggling activities on their new assignment.


Given the enormous expectations of government regarding revenue generation in the current year, the Comptroller General reiterated the need for all Area Controllers and Unit heads to take full charge of the affairs of their Commands by ensuring absolute compliance with extant fiscal policies while leveraging on the efficient management of data to optimize trade facilitation and revenue collection.

Furthermore, the CGC directed all officers to be extremely vigilant in protecting the lives and wellbeing of Nigerians by ensuring the full fortification of our borders against the incursion of smugglers and other cross border criminals.

Read Also:

Customs Raises Concerns over Finance Act as Senate Sets N3trn Target for Revenue Agencies

Comptroller Ali Ibrahim Assumes Duty as New Customs FOU Zone ‘C’ Boss

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