Uncategorized
Fuel price: Reps summon Kyari, marketers, want mass transit scheme revived
Fuel price: Reps summon Kyari, marketers, want mass transit scheme revived
The House of Representatives has shut down a motion seeking to stop marketers from selling petrol at the new pump price.
The Reps rather resolved to investigate the hike by summoning NNPCL Group Chief Executive Officer, Mele Kyari, and the managements of oil marketing firms.
The House also advised the Federal Government to revive its public mass and urban transit scheme to ease the transportation problem arising from the fuel price hike.
The Nigerian National Petroleum Company Limited on Tuesday raised the petrol pump price from N488 to N617/litre, attributing to prevailing market forces.
The Reps also asked its ad hoc committee to propose palliatives to ameliorate the sufferings of Nigerians.
The sponsor of the motion, Ikenga Ugochinyere, asked that Kyari and oil marketers be invited by the committee to explain what led to the increase.
Ugochinyere said that Section 88 (1) and (2) of the 1999 Constitution empower the National Assembly to conduct investigations into the activities of any authority executing or administering laws made by the National Assembly.
He added that Section 32 of the Petroleum Industry Act, 2021 saddles the Petroleum Midstream and Downstream Regulatory Authority with the task of regulating and monitoring technical, commercial midstream and downstream petroleum operations in Nigeria.
The lawmaker reminded his colleagues that the NNPCL on Tuesday increased the pump price of petrol from N537 to N617 in Abuja and other parts of the country.
During the debate on another motion, the House advised the Federal Government to revive its public mass and urban transit schemes to make the cost of commuting cheap.
It said this could be done through public and private partnerships.
The House also resolved to probe the failure of the schemes in the past.
The decision followed a motion sponsored by Olumide Osoba, Kama Nkemkanma and Princess Miriam Onuoha.
Osoba, who presented the motion, said the cost of transportation across the country had tripled due to the removal of subsidy.
Major Oil Marketers Association of Nigeria (MOMAN) said that international price of crude oil and exchange rate constitute over 80 per cent of cost of imported fuel.
It explained that the remaining 20 per cent is made up of statutory dues, distribution costs and margins.
MOMAN, while reiterating its support for the deregulation of the oil and gas sector, said the policy promises a transparent and level playing field.
It added in a statement after its virtual meeting that in a liberalised market, the pump price of petrol should accurately reflect current economic realities.
The statement by MOMAN Chairman, Olu Adeosun, partly read, “In recent months, the price of PMS has remained relatively stable. On 30 May 2023, Platts reported a price of $827 per metric ton (MT), and on 14 July 2023, it was $859.25 per MT.
“However, there has been a significant increase in foreign exchange rates. “MOMAN can infer from its calculations in May that the NNPCL determined its pump price using an exchange rate of about N630 to the US dollar, while banks reported an exchange rate of approximately N650 on the Investors and Exporters (I&E) window.
“As of today, the liquid exchange rate is close to N825 to the dollar. This devaluation adds N100 to the cost of importing a single litre of PMS.
“Consequently, an increase in the pump prices of petrol should be expected.”
Auto
Leadership by example: FRSC Corps Marshal leads field operations, patrol highways
Leadership by example: FRSC Corps Marshal leads field operations, patrol highways
By Bisi Kazeem
As the year winds down and Nigerians embark on end-of-year travels, the Federal Road Safety Corps (FRSC) has intensified its efforts to curb road crashes and ensure safer highways. Leading this charge is the Corps Marshal, Shehu Mohammed, who has set a sterling example of sacrificial leadership by actively participating in frontline operations during this critical period.
The end of the year is a notoriously perilous time on Nigeria’s roads, marked by increased traffic, heightened road traffic crash risks, and a surge in reckless driving.
However, under the proactive leadership of the Corps Marshal, the FRSC rolled out an unprecedented campaign to reduce road traffic crashes and fatalities, ensuring that the festive season is marked by joy rather than tragedy.
True leadership is not defined by words but by action. The Corps Marshal exemplifies this by personally leading field operations, patrolling highways, monitoring traffic flows, and directly engaging with road users.
His visible presence has reinvigorated the morale of FRSC officers and demonstrated to the nation that leadership is about service and sacrifice.
He defied insecurity on the highways and embarked on a traffic monitoring operation from Abuja, the Federal Capital, through Kogi, Ekiti, Ondo, Owo, Ore, down to Edo and Delta.
His decision to lead from the front underscores his commitment to the FRSC’s mission of saving lives and highlights the urgent need for compliance with traffic rules and regulations.
From the beginning of the Ember Months sensitisation campaign in September, the Corps had gone ahead of time, implementing series of robust measures aimed at addressing road safety challenges during the festive season. These remedies include; increased patrols and checkpoints as additional officers and vehicles have been deployed in strategic points on highways to monitor and enforce compliance with traffic laws; organised nationwide safety campaigns targeting speed violations, drunk driving, overloading and seatbelt use.
These campaigns educate drivers on the dangers of reckless behaviours and emphasize the importance of safe driving practices.
The Corps also ensured Emergency Response Preparedness: ambulances, tow trucks, and rescue teams are on standby to ensure rapid responses to emergencies, reducing fatalities and injuries in the event of crashes.
Knowing that the task of making the highways safe is a collective action, FRSC went into the season with strengthened partnerships with key stakeholders, including the Nigeria Police Force, transport unions, traditional rulers and local communities, to foster a united front in the battle against road crashes.
The Corps Marshal’s leadership has inspired not just his officers but also the general public.
His direct involvement sends a clear message that road safety is a shared responsibility requiring the commitment of all stakeholders.
The Corps Marshal’s hands-on approach during this critical period has not only motivated the FRSC team but has also restored public confidence in the agency’s commitment to saving lives,” said a motorist who witnessed the Marshal’s activities firsthand on the Niger Bridge.
The monitoring activities carried out across major corridors suggest that the intensified efforts are yielding positive results, with a noticeable reduction in road crashes and fatalities compared to previous years.
The Corps Marshal’s example of sacrificial leadership has brought renewed vigor to the FRSC’s operations, ensuring that every life is valued and protected.
Needless to state that the FRSC Corps Marshal, Shehu Mohammed, is indeed an enigma, a force to be reckoned with and a true example of practical leadership in public service as he leads yet again by example in the fight against road crashes in Nigeria.
Taking active front-line roles, dedicating to sacrificial leadership and willingness to take bold steps to address the challenges facing Nigerian roads.
By setting the pace, he’s inspiring his team and other stakeholders to join forces in the quest for safer roads in Nigeria.
As the festive season continues, let us all join the FRSC as they call on all Nigerians to support its efforts by adhering to traffic rules, avoiding risky driving behaviours, and prioritizing safety on the roads.
Together, with the leadership of the Corps Marshal and the dedication of FRSC personnel, a safer, accident-free festive season is achievable.
The Corps Marshal’s leadership reminds us all that effective leadership requires sacrifice, action, and a deep commitment to service.
As Nigerians embark on their journeys this season, they can take comfort in knowing that the FRSC is working tirelessly to make the roads safer for everyone.
*DCM Bisi Kazeem (Rtd), fsi MNIM anipr, a public relations expert and media guru writes from Lagos, Nigeria.
Uncategorized
BREAKING: Adeleke finally pardons ‘fowl thief’ Segun Olowookere
BREAKING: Adeleke Finally Pardons ‘Fowl Thief’ Segun Olowookere
Governor Ademola Adeleke of Osun State has granted the prerogative of mercy to Segun Olowookere, a young man convicted of armed robbery and sentenced to death by an Ogun State High Court in 2014.
READ ALSO:
- Five Gaza journalists die in Israeli strike
- Mozambique: Over 1,000 prisoners escape jail as election protests worsen
- Bandit leader Bello Turji threatens reprisals over arrest of close associate
Olowookere was pardoned alongside Sunday Morakinyo and 51 others convicted of simple and serious offences on Thursday.
Uncategorized
Lagos-Calabar coastal road: Train track work begins 2025, says minister
Lagos-Calabar coastal road: Train track work begins 2025, says minister
The Federal Government plans to begin constructing train tracks on Section I of the Lagos-Calabar Coastal Highway in 2025.
The Minister of Works, David Umahi, made this announcement during an inspection of Sections I and II of the project, which are located within Lagos and being handled by Hitech Construction Company Ltd, on Friday, December 20, 2024.
The details of the announcement were published in a statement on the ministry’s official website on Saturday.
READ ALSO:
- Three days to Christmas, food prices, transport fares hit the roof
- Three Ogun varsity students die auto crash
- Dangote, MRS agree to sell petrol at N935/litre nationwide
“The President has given very serious attention to road infrastructure. Don’t forget that this Coastal Highway and, of course, the four Legacy Projects all have the train track incorporated. The construction of the train track for this section I is going to take off in 2025,” Umahi stated.
The Works Minister outlined plans to enhance the Lagos-Calabar Highway in Sections I and II of Phase 1, including solar-powered CCTV cameras, lay-bys every 5-15 kilometers, and security posts for improved safety and monitoring.
He announced that 20 kilometers of Section 1 are scheduled for commissioning by May 2025. The Federal Controller of Works, Engr. Olukorede Kashia, noted challenges such as large refuse dumps and unsuitable soil conditions requiring extensive remediation during the project.
Lagos-Calabar coastal road: Train track work begins 2025, says minister
-
metro3 days ago
Farotimi to pursue disbarment over arrest, defamation allegations
-
Business2 days ago
Real reason Dangote, NNPC drop petrol price — IPMAN
-
Sports1 day ago
Anthony Joshua prostrates before Governor Abiodun during Ogun visit
-
Health2 days ago
ABU Teaching Hospital will begin kidney transplant in 2025 – CMD
-
metro23 hours ago
Wanted terrorist commander, Bello Turji, a dead man walking – DHQ
-
metro3 days ago
Nigerian govt urged to intervene in Mozambique post-election violence
-
metro21 hours ago
Four countries that won’t celebrate New Year
-
metro1 day ago
N180m not missing from my account, it was all a plan – Verydarkman