The Nigerian National Petroleum Company has confirmed that once the Dangote Refinery starts pumping out refined petroleum products from late July or early August, the NNPCL will cut down on its imports of Premium Motor Spirit, popularly called petrol. NNPCL is currently the sole importer of petrol into Nigeria, a task which it had shouldered for several years. Other oil marketers stopped importing petrol due to their inability to access the United States dollars at the official rate. NNPCL also owned 20 per cent stake in the Dangote Refinery. The 650,000 barrels per day crude oil processing refinery was inaugurated…
Author: meridianspy
As Nigerians grapple with the aftershocks of the fuel subsidy removal, President Bola Tinubu has directed the National Economic Council to come up with inputs on palliatives and the minimum wage review as part of measures to cushion the pain of subsidy removal. This was as the Trade Union Congress said it was expecting the Federal Government to provide feedback on its demand for N200,000 minimum wage by June 19. But speaking during a meeting with members of the Nigeria Governors’ Forum, led by its Chairman, Governor AbdulRahman AbdulRazaq of Kwara State in Abuja on Wednesday, Tinubu directed NEC led…
The Labour Party governorship candidate in Lagos state for the 2023 election, Gbadebo Rhodes Vivour has condemned the comments made by Rt. Hon Mudasiru Obasa, Speaker of the state House of Assembly that the house will make laws to protect the property right of indigenes. He cautioned the Speaker against laws that will divide Lagos residents along ethnic lines. He warned that any enacted law that seeks to reverse property rights in favour of the indigenous people of Lagos state at the expense of other residents is divisive and not in the economic interest of Lagos. Rhodes Vivour stated this…
The Ondo State chapter of the Social Democratic Party had expressed its displeasure over the absence of Governor Rotimi Akeredolu from office due to ill-health. Akeredolu, according to the state Commissioner for Information and Orientation, Bamidele Ademola-Olateju, was indisposed. But the opposition party said since the governor was indisposed, he ought to have handed the administration to his deputy, Lucky Aiyedatiwa, for the latter to act as governor pending his Akeredolu’s return . The party stated this in a statement issued by its state chairman, Stephen Adewale, on Thursday. The statement was titled, ‘Akeredolu’s Illness: Time to avert constitutional crisis…
President Bola Ahmed Tinubu has met with the All Progressives Congress (APC) senators-elect, members-elect, APC governors and leaders of the party over leadership election issues. This is as the inauguration of the 10th Assembly draws closer. The meeting was held at the Presidential Villa, Abuja, Wednesday night after the winding down of the 9th Assembly earlier in the day. Aspirants for the Speakership, Muktar Betara, Yusuf Adamu Gagdi, Miriam Onuoha and Sada Soli attended the meeting. However, the Deputy Speaker, Ahmed Idris Wase and Aminu Sani Jaji who were also vying for the seat were conspicuously absent despite being invited…
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has dissolved the party’s Ebonyi and Ekiti State executive committees with immediate effect. Mr Debo Ologunagba, the PDP National Publicity Secretary said this in a statement in Abuja. Ologunagba said that the NWC approved the dissolution of the two states executive after extensive deliberations and consultations. He said the decision of the NWC was pursuant to Sections 29(2)(b) and 31(2)€ of the Constitution of the PDP (as amended in 2017). “The PDP charges all leaders, critical stakeholders and teeming members of our Party in Ebonyi and Ekiti States respectively…
Tinubu Meets Oil Marketers Over Subsidy Withdrawa President Bola Tinubu on Wednesday met with major oil marketers at Aso Rock Villa Abuja. The oil marketers were led by Governor Dapo Abiodun of Ogun State, who was a Chairman of oil marketers association. The President’s meeting with the oil marketers comes amid the controversy and protests trailing the removal of subsidy on Premium Motor Spirit known as petrol. The President during his inaugural speech on May 29 at the Eagle Square in Abuja had announced the removal of subsidy payment on petrol. The President said that the immediate past administration of…
Prices of petrol at depots have increased more than 100 per cent following the official removal of subsidies since May 29. National Controller Operations, Mike Osatuyi, on Tuesday, told our correspondent that many downstream businesses were currently struggling to stay afloat as a result of the hike in prices of products at the depots. According to him, the price of a 33,000 metric tons tanker of petrol that was sold at N8m before subsidy removal now goes between N22m and N23m depending on the location of the filling station from the depots. Meridianspy noticed that most filling stations in Lagos…
Governor Hyacinth Alia of Benue State has ordered the immediate termination of all employments into the State Civil Service made by the last administration in the last one year. The Governor also ordered the reversal of all promotions to the rank of Permanent Secretary made by the outgone administration from January 2023, directing that all those affected revert to their previous positions. The directive which was contained in a statement issued Wednesday in Makurdi by the Chief Press Secretary to the Governor, Mr. Tersoo Kula, also nullified all postings done by the previous administration since last October. Part of…
The newly sworn-in Secretary to the Federal Government, SGF, George Akume, has vowed that he will do his best and not disappoint Nigerians. Akume made this vow while addressing the State House press after he was sworn in as the SGF by President Bola Tinubu on Wednesday. He said, “To have been selected to serve in this exalted position out of over 200 million Nigerians, it is a challenge to serve in line with the oath I have taken today. “I assure Nigerians I will do my best, I will not disappoint the President, I will not disappoint this country…
Dayo Olumide, the acting Managing Director of Nigeria Air, has disclosed that the airplane that landed at the Nnamdi Azikiwe International Airport, Abuja on 26th May 2023, was a chartered one from Ethiopia. Recall a few weeks ago, an aircraft bearing the logo of Nigeria Air was sighted in Abuja. Speaking before the Senate Committee on Aviation on Tuesday, Olumide said the plane was chartered from Ethiopian Airlines to launch the country’s official airline. The Nigeria Air MD added that his mandate is to secure an operating licence for the airline that is still in its early stages. He…
Less than 2 weeks after leaving office as Nigeria’s Minister of Information and Culture, Lai Mohammed has been appointed as the managing partner of an international lobbying firm, Ballard Partners. His appointment was announced in a statement shared on the firm’s official Twitter page on Tuesday. “Ballard Partners, one of the top government relations firms in the United States, is opening its first office in Africa in Abuja, Nigeria, the nation’s capital,” the statement reads. “Lai Mohammed, the immediate past Nigeria minister of information and culture, will serve as the managing partner of the Abuja office and the firm’s satellite…