Security

Customs Generates Over N400M in 17 Days

By Web News 93

By Abisola Oluremi 

The Nigeria Customs Service, NCS, Oyo/Osun Command, has generated Four hundred and sixty-eight million Naira within 17 days. 

The Command’s Area Comptroller, Mr Johnson Adelaja stated this at a news briefing held at the headquarters of the command in Ikolaba, Ibadan, Oyo State. 

Adelaja said the money was generated from confiscated items including used clothes, shoes, compressors, premium motor spirit, cannabis sativa and some trucks.

He reiterated that the command would not relent in its fight against smuggling and illicit trade in the Oyo and Osun States.

On the confiscated truck, the controller urged owners to install trackers on their vehicles to monitor the activities of their employees who may want to engage in using the trucks for unauthorized purposes. 

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Transportation

Fuel Scarcity Bites Harder

By Web News 473

Scarcity of Premium motor spirit, also known as petrol bites harder in Oyo town with some filling stations selling between N220 and N240.

Radio Nigeria correspondent reports that many commuters this morning, especially civil servants and school children trekked to their various schools and workplaces.

However, only Bovas filling stations are selling at N180 per litre to long queues of motorcyclists and motorists, obstructing free flow of traffic in the process.

The situation has also led to fifty percent hike in transport fares by Okada riders and intracity bus drivers.

Residents who reacted to the situation urged the government to speak out and explain what is happening in order to disallow people from making wrong insinuations.

The fuel scarcity was first noticed on Sunday this week before it got worsened Wednesday.

Kayode Oguntona

Transportation

Tanker Explosion: Ogun Government Appeals For Commuters’ Cooperation

By Web News 578

The government of Ogun State wants motorists passing through the Lagos – Ibadan Expressway to cooperate with road safety agencies and other security officials working to restore normal flow of traffic on the expressway after the fire incident that claimed lives and property at Ogere axis of the road. 

Two persons reportedly died in the inferno sparked by a tanker, loaded with Premium Motor Spirit, PMS, and 13 other vehicles were razed.

A shot of some vehicles affected by the fire

The Ogun State Deputy Governor, Mrs Noimot Salako-Oyedele who led a government’s delegation to inspect the scene of tanker explosion extended condolences to those affected by the incident and appealed to the road users to be patient. 



Ogun State Deputy Governor, Mrs Noimot Salako-Oyedele (centre) with official at the scene of the explosion

She explained that the contractor handling the road construction had been mandated to provide alternative ways of diverting traffic to address the gridlock and commended the Federal Fire Service and other rescue agencies for their prompt response to prevent further loss of lives and property.

The Deputy Governor also announced that the Ministry of Special Duties and Intergovernmental Affairs had been directed to act as the incident commander to co-ordinate all agencies towards promoting the safety of lives and property while ensuring speedy evacuation of the debris to traffic movement.

Wale Oluokun

Energy

No plans to increase petrol price – NNPC assures Organised Labour

By Web News 625

The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the month of February

The corporation gave the assurance in a statement signed by its spokesman Dr Kennie Obateru in Abuja, on Thursday.

 “In spite of the rise in the price of crude oil in the international market, NNPC has ruled out any increment in the ex-depot price of PMS in February, 2021,” he said .

The News Agency of Nigeria (NAN) reports that ex-depot price is the price at which oil marketers buy products from depot. The price determines the price at which they sell to motorists at their various petrol stations.

Obateru explained that the decision was to allow ongoing engagements with organised labour and other stakeholders on an acceptable framework that would not expose the ordinary Nigerian to any hardship.

He urged petroleum products marketers not to engage in hoarding of PMS in order not to create artificial scarcity and unnecessary hardship for Nigerians. He further gave assurance that the corporation had enough stockpile of petrol to keep the nation well supplied for about 40 days.

He also called on relevant regulatory authorities to step up monitoring of the activities of marketers with a view to sanctioning those involved in products hoarding or arbitrary increase of pump price.

 NAN reports that the Minister of State for Petroleum Resources, Chief Timipre Sylva, in March 2020 announced that the nation’s downstream oil sector had been deregulated With the announcement, the prices of petroleum products would be determined by prevailing market forces.

Vanguard

Economy

Fuel Pump Price Reduction, Filling Stations Yet to Comply

By Web News 780

Filling stations in Ibadan metropolis have not complied with the federal government’s directive to reduce the pump price of petroleum from one hundred and twenty-five naira to one hundred and twenty-three naira fifty kobo.

The new price which was announced last night was to commence today 1st of April.

Our correspondent who monitored the situation in Ibadan observed that most filling stations were still selling at one hundred and twenty-five naira.

Some motorists and commercial drivers who spoke with Radio Nigeria expressed displeasure that both major and independent marketers failed to comply with the new directive.

They, however, lauded the federal government for the initiative noting that the price might still come down.

A manager of one of the major marketers who did not want his name mentioned said they were waiting for the directive from their head office.

It would be recalled that on the eighteenth of last month, the federal government announced the reduction in Petroleum Motor Spirit, PMS, from one hundred and forty-five naira to one hundred and twenty-five naira for the month of March due to a fall in the price of oil in the international market.

Olukemi Akintunde

Economy

New Pump Price: Filling Stations Begin Compliance

By Web News 845

The level of compliance to the new pump price of Petroleum Motor Spirit, PMS, in some filling stations in Ibadan has improved.

Our correspondent who monitored the situation reports that a good number of both major and independent marketers had complied with the new official pump price of one hundred and twenty-five naira per litre.

A visit to some filling stations in areas like Sango, Agbowo, Oke-Ado, Challenge, Odo Ona and Molete showed that most of them had changed their meters to the new pump price.

However, fillings stations like Nurduk at Oke-Ado was still selling at one hundred and forty-five naira per litre.

Some motorists and commercial drivers called on Department of Petroleum Resources, DPR, to enforce the new price on filling stations that were yet to comply.

They, however, urged the federal government to further reduce the pump price of petrol considering the continuous fall in the price of oil in the international market.

Olukemi Akintunde