Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says petrol smugglers took advantage of the loopholes in the subsidy regime by making around ₦17m per truck in neighbouring countries. Briefing journalists in Abuja, the NNPCL boss said cross-border smuggling was rampant due to the fuel subsidy, with a 6,000-liter truck smugglers make no less than ₦17 million per trip. “In the last 47 years, PMS has always been subsidised and subsidy is creating arbitrage that means there is a difference between price in one location, lower than what it should be in another location,” he said. “And when…
Author: I.SHOW Graphics
President Bola Tinubu has welcomed the safe return of Super Eagles to the country after their ordeal in Libya ahead of the 2025 African Cup of Nations qualifier. In a statement on Monday signed by his Special Adviser on Information and Strategy, Bayo Onanuga, the President said he was moved by the inhuman treatment endured by the Super Eagles players and officials in Libya. The President commended the players for keeping their spirits alive despite the excruciating ordeal in Libya. The statement added, “President Tinubu expects the Disciplinary Board of the Confederation of African Football to conduct a thorough investigation…
The Federal Government has summoned Libya’s Chargé d’affaires to resolve the situation involving its national football team, the Super Eagles, who were stranded for over 12 hours after arriving in Libya, News360 Nigeria reports. The team arrived at the North African country for the return leg of the 2025 African Cup of Nations qualifiers after beating the Mediterranean Knights of Libya 1-0 in Akwa Ibom last Friday. “We have summoned the Libyan chargé d’affaires,” Minister of Foreign Affairs, Yusuf Tuggar, confirmed to State House Correspondents at the Presidential Villa, Abuja, on Monday. Tuggar said the Super Eagles were redirected to an airport…
The leadership of the Nigeria Football Federation earlier announced its plan to evacuate the Super Eagles players and officials from the North African country. The Libyan authorities have provided a bus to convey Nigeria’s Super Eagles players and coaches to their destination after leaving them stranded for about 16 hours inside Al Abraq International Airport. This update was given by the team striker and one of the stranded players, Victor Boniface, who shared a video of a driver attached to the bus. “See this dragon carry bus come after 16 hours,” he said in a post on social media. “Come Dey…
The Federal Government has said it is considering the employment of 2,000 teachers per state annually to address shortage of teachers in the country. Which sums to 74,000 in the 36 states of the federation and the Federal Capital Territory. According to the Ministry of Education, the government was considering December 2024 as deadline for the implementation of the policy. This was disclosed in a roadmap of the ministry which was obtained by Saturday PUNCH in Abuja on Friday. Recently, Sunday PUNCH exclusively reported that 18 states of the federation failed to recruit teachers in five years. This comes amidst the…
The leader of the legislative arm, and councilor representing ward 5, Lagelu local government, Hon Aduragbemi Idogbe joined the convoy of the executive chairman, Hon Mudashiru Kamorudeen to inspect damaged Wofun-Kute-Jenriyin road in his domain. The recent downpour left the road connecting these communities in shambles, causing immense hardship for residents trying to access their homes. He extended his commendations to the council boss for his swift response and commitment to address the issue immediately the collapse road issue was brought to his table through the legislative leader office- being the jurisdiction he’s representing at the legislative floor. During his…
Kute-Jenriyin — In a decisive move to address the aftermath of recent downpours, the Chairman of Lagelu, Hon. Mudashiru Kamorudeen has visited Kute-Jenriyin to inspect severely damaged road channels that have left many residents struggling. The flooding was said to have caused significant disruption, impacting transportation and access to essential services in the area. During his visit, the council Chairman met with local community leaders and residents to understand the full extent of the damage. He noted that the compromised infrastructure has hindered daily life and posed challenges for emergency response efforts. “The resilience of our communities is commendable, but…
Some governors in the country may be getting more desperate to share in the monthly allocation to local governments if revelations by some sources, including a council chairman and a party candidate, are anything to go by. Findings by Sunday PUNCH showed that some governors have devised means to continue cornering council funds through secret oath-taking deals and agreements with elected chairmen. The Supreme Court granted financial autonomy to the 774 LGs on July 11 and directed the Accountant-General of the Federation to pay allocations directly to their accounts. Consequently, the Federal Government on August 20 set up a 10-member inter-ministerial committee to…
The embattled acting National Chairman of the Peoples Democratic Party (PDP), Umar Damagum has said he is happy that Nigerians who collected food items and clothes to vote for President Bola Tinubu during the 2023 general election are currently facing the hardship most. Damagum said Nigerians should not be pitied because they are currently seeing the consequences of trading their votes for items like spaghetti and wrappers. Damagum mentioned this after a close-door meeting with the governor and other stakeholders of the PDP on Friday. “The APC was never ready to govern, so what good could possibly come from them?” he…
Poultry Association of Nigeria (PAN) has warned that if urgent steps are not taken to support poultry farmers, prices of eggs may increase from the current N5,500 to N10,000 per crate. They attributed the rising cost of the protein to high cost of transportation as a result of fuel subsidy removal as well as indiscriminate increase in prices of feed by the millers. The Secretary of PAN, FCT Chapter Musa Hakeem said this at a press briefing to commemorate the World Egg Day on Saturday in Abuja. Hakeem said the Federal Government must as a matter of urgency declare a…