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NNPC Denies Clash With Oil Marketers Amid Petrol Subsidy Controversy

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 ....KINDLY READ THE FULL STORY HERE▶

The NNPC conveyed this information through a statement released on Wednesday in Abuja by its Group Communications Officer, Olufemi Soneye…CONTINUE READING

 

 

 

This announcement was made in response to a media report suggesting a clash between the NNPC and oil marketers regarding fuel subsidy payments.

The report also claimed that oil marketers proposed an increase in the petrol price to N1,200 per litre due to the cessation of fuel cost under-recovery.

Contrary to these assertions, the NNPC clarified that there has been no clash with any party or stakeholder, emphasizing that the media report is inaccurate and regrettable.

The oil company explained that the publication sought confirmation regarding the alleged subsidy reduction, and in response, the NNPC clarified that the subsidy has been completely removed.

The NNPC Ltd’s statement reads: “NNPC Ltd emphasizes it has not clashed with any party. The Punch headline is deemed unfortunate.

The publication sought confirmation on the alleged subsidy reduction, to which NNPC responded that the subsidy has been entirely removed.”

The Punch had reported a purported disagreement between NNPCL and fuel marketers concerning the recent removal of fuel subsidies.

This disagreement coincides with the ongoing depreciation of the country’s currency against the US dollar in both the official Investors & Exporters Window and the parallel market.

According to oil marketers interviewed by the newspaper on Tuesday, PMS should be priced at N1,200 per litre in a free market, citing escalating gasoline subsidies due to the weakening naira and rising crude oil prices.

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“Extreme Caution” Advised! INEC Identifies Two Gombe LGAs As Danger Zones For Voters And Officials!

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  • High-Risk Zones Identified: Ahead of the upcoming Gombe/Kwami/Funakaye Federal Constituency by-election, the Independent National Electoral Commission (INEC) has pointed out security vulnerabilities in specific council areas.....KINDLY READ THE FULL STORY HERE▶

    • Threats of Thuggery: According to Gombe State Resident Electoral Commissioner (REC), Umar-Mukhtar Gajiram, Gombe and Funakaye LGAs have been marked as high-risk zones primarily due to the potential threat posed by political thugs known as ‘Kalare boys’, who might intimidate voters or disrupt the process.

    • Kwami Under Close Watch: Meanwhile, Kwami LGA is being closely monitored due to recent herder-related attacks and its shared border with Borno State, raising the need to watch out for cross-border security spillover.

    • Proactive Measures: The electoral commission clarified that mapping these areas as high-risk is not meant to stigmatize local communities, but rather to enable security agencies to deploy targeted preventative strategies.

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Guilty Plea! Raheem Sterling Admits Dangerous Driving After Terrifying Sports Car Incident!

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  • Court Admission: Former England international footballer Raheem Sterling, 31, appeared at Basingstoke Magistrates’ Court and pleaded guilty to dangerous driving following a crash in May.....KINDLY READ THE FULL STORY HERE▶

    • Additional Charges: Alongside dangerous driving, Sterling also admitted to possessing nitrous oxide for wrongful inhalation and failing to provide a specimen for analysis.

    • The Incident: According to Hampshire Police and Naija News, the single-vehicle accident occurred on the morning of May 28 when his Lamborghini collided with motorway barriers on the M3 southbound near the Minley interchange. Fortunately, no other vehicles were involved and no injuries were reported.

    • Career Background: Sterling, who has earned 82 caps for England and last played internationally at the 2022 World Cup, has experienced a challenging recent club trajectory. After leaving Chelsea in January, he made eight appearances for Dutch club Feyenoord. Previously, he won four Premier League titles with Manchester City, played for Liverpool, and had stints at Arsenal (on loan) and Chelsea.

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“I Stand On My Own Feet”: Adekanmbi Disowns Governor Makinde Surrogate Claims!

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  • Strong Rebuttal: Abimbola Adekanmbi, the governorship candidate for the Allied Peoples Movement (APM) in Oyo State, has firmly rejected allegations that he is being sponsored or controlled by Governor Seyi Makinde.....KINDLY READ THE FULL STORY HERE▶

    • Pledge for Independence: Speaking during an interview on Arise News on Tuesday, the former Commissioner for Finance declared that, if elected, he would run an independent administration based on his own policy agenda and would take full responsibility for his decisions.

    • Clearing the Air: Adekanmbi explained that his political relationship with Makinde should not be misconstrued, revealing that the governor had even advised him not to inherit the political disputes or liabilities of the current administration.

    • Inclusive Process: The APM candidate also dismissed claims that Makinde single-handedly handpicked the party’s candidates, stating instead that their emergence was the result of a transparent process involving consultations with various groups across the state.

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