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PPPRA – FG Okays Oil Marketers to FIX Price

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PPPRA - FG Okays Oil Marketers to FIX Price

The federal government has given oil marketers permission to bargain, import and determine the prices of premium motor spirit (petrol) to Nigerians. PPPRA

The Executive Secretary of the Petroleum Product Pricing Regulatory Agency, (PPPRA), Saidu Abdulkadir, represented by the General Manager, Administration and Human Resources of PPPRA, Victor Shidok, disclosed this at a press briefing in Abuja on Tuesday.

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Shidok said the full deregulation of the downstream petroleum sector had already begun and the government would no longer fix the pump price of petrol in the country, adding that this would play out when marketers fully resume fuel importation.

He noted that foreign exchange and prevailing economic challenges have been preventing marketers from petroleum importation.

“With government’s pronouncement that the sector is deregulated, it means that prices would strictly be based on the forces of demand and supply.

“It is a market that is open based on bargaining power and based on where you source your product.

“Petroleum Products Marketing Company (PPMC) is a marketer; it also sells the product and also carries out the analysis as to the price it wants to sell the products to its customers.

“That is the announcement they always make after doing an analysis of their cost and analyzing their margins,” Shidok said.

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Customs Corner

Nigeria Customs office adamawa Under attack by hoodlums

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Suspected Hoodlums, on Monday, looted Adamawa Custom Office, the eye witness said hoodlums where seen in their numbers breaking anything that stand in their way, carting away consumable and non-consumable items.

 

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Naija News

NBC Fines Channels, AIT, Arise TV Over #EndSARS Coverage

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The National Broadcasting Commission, NBC, has sanctioned Africa Independent Television, AIT, Arise Television, and Channels Television for what it called a gross violation of the broadcast code, top of which is the use of unverifiable online video footages on social media.

The sanction, according to the Acting Director-General of the Commission, Armstrong Idachaba, will be a fine not less than two million Naira.

He warned that this will be the last warning before a heavier sanction will be introduced.

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Naija News

Governors Forum Sues for Accurate Dissemination of Information

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Governors Forum Sues for Accurate Dissemination of Information

The Nigeria governors’ forum (NGF) have refuted claims of hoarding palliatives meant for distribution in various states of the country.

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In a statement by the head, media & public affairs of the NGF, Abdulrazaque Bello-Barkindo, the forum while pleading with the public to desist from spreading rumors said a lot of the information circulating the social media needs to be fact checked.

The statement said “the NGF reemphasizes and corrects the impression that palliatives found in warehouses that were broken into in Lagos and some other states were kept in storage for members of the society especially our vulnerable citizens.”

According to the statement, the erroneous impression in the public domain that these palliatives were hoarded is not just inaccurate, entirely erroneous and untrue but also mischievous, to say the least.

Until mid-October, when the NGF  had its last meeting, up to ten states had not participated in the flag-off ceremonies for the distribution of palliatives in their states. This was because the items meant for distribution in these states had not been completely received from CACOVID, the forum said.

The governors also explained that some other states that still had palliatives in their warehouses chose to keep a strategic reserve ahead of a projected second wave of covid-19.

The NGF assures all contributors to the palliatives that prior to the looting of these ware houses, states had kept full accounts of all the items received and distributed.

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COVID-19 PREVENTION

infectious diseases in your community. It is very important to wash your hand frequently with soap under running water.

COVID-19 IS REAL

#COVID19NIGERIA Situation Report

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

GALLANT OFFICER

Gallant Officer
"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

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