Connect with us

News

Adulterated Fuel, Cause of Fuel Scarcity – Govt

fuel scarcity

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPR) in a statement on Tuesday revealed that the government has discovered methanol quantity above the standard specification in a limited quantity of petrol that was already in distribution.

“Methanol is a regular additive in petrol and is usually blended to acceptable quantity,” the CEO of NMDPR Mr Farouk Ahmed said in a press briefing in Abuja on Tuesday.

This is said to be the cause of the fuel scarcity that saw long queues building from Monday into Tuesday at filling stations across the nation’s capital Abuja as well as Lagos State.

Mr Farouk Ahmed assured Nigerians that the adulterated petrol had been successfully identified and that the process of isolating it was already ongoing.

“To ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated from the market, including those loaded in trucks.”

Ahmed said that all of the adulterated petrol was from a sole supplier, promising that appropriate actions would be taken by the NNPC.

Warning against panic buying and re-assuring Nigerians of sufficient supply of fuel, Ahmed said;

“Our technical team, in conjunction with NNPC and other industry stakeholders will continue to monitor and ensure quality products are adequately supplied and distributed nationwide. So there is no need to panic.”

Read Also: President Buhari Launches Rice Pyramids In Abuja

“The NNPC Limited and all marketing companies have been directed to sustain sufficient distribution of petrol products in all retail outlets nationwide to avoid any scarcity.”

“Meanwhile, the NNPC has intensified efforts at increasing the supply of petroleum products in the market in order to bridge any unforeseen supply gap.”

The issue of fuel scarcity has become a recurrent situation since the Buhari led administration hinted at subsidy removal by June of 2022. However, pressure from Nigerians as well as Labour Unions saw the government shift the implementation of subsidy removal to 18 months, which technically hands over the decision to the next government. Fuel marketers had been hoarding the commodity ahead of subsidy removal in order to sell at an inflated rate.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

EFCC to Arrest EezeeTee over Mercy Chinwo’s $340,000 Royalties

The Economic and Financial Crimes Commission (EFCC) has reiterated that Ezekiel Thankgod, known as EezeeTee, must appear before the Federal High Court in Ikoyi to answer allegations concerning Mercy Chinwo’s royalties.
The EFCC accuses Thankgod of laundering and dishonestly converting $340,000 in royalties meant for the gospel artiste.

According to the EFCC’s statement, Justice A. O. Owoeye ruled on Monday, February 17, 2025, that the defendant must appear in court to take his plea, setting March 6, 2025, as the next hearing date.

“The defendant, Ezekiel Thankgod, has consistently evaded arraignment despite multiple attempts by the EFCC’s Lagos Zonal Directorate to serve him. This prompted the issuance of a warrant for his arrest on January 16, 2025,” the commission’s statement read.

The EFCC detailed that the former manager of Mercy Chinwo and the CEO of Eezee Global Concepts Limited are facing a three-count charge involving money laundering and dishonest royalties conversion.

One of the charges states that in 2023, Thankgod retained $260,494 in an EEZEE Global Ministry account with Zenith Bank, an amount allegedly linked to unlawful activity.

The EFCC prosecutor, Bilikisu Buhari, noted that the agency had been unable to serve the charges directly to Thankgod, as he remained unreachable.

However, on January 24, 2025, his defense counsel, Dr Monday Ubani, SAN, accepted service on his behalf but filed a preliminary objection to challenge the charges.

Justice Owoeye had previously adjourned the case for arraignment, but Thankgod failed to appear, opting to be represented by his counsel.

With the bench warrant still active, the EFCC insists that the accused must personally appear in court on March 6 to defend himself.

Continue Reading

News

AfDB President Hints At Possible Run For Nigerian Presidency

The outgoing President of the African Development Bank (AfDB), Akinwumi Adesina, has hinted at the possibility of running for Nigeria’s presidency in 2027, stating he is “available to serve” once his tenure at the bank concludes.

In an interview with Arise Television’s news host, Rufai Oseni, Adesina, who also served as Nigeria’s Minister of Agriculture under former President Goodluck Jonathan, affirmed his commitment to national service, saying he is open to serving “globally, in Africa, anywhere, including my own country, Nigeria.”

When asked directly about his political ambitions, Adesina reflected on his deep attachment to Nigeria, recalling a moment when he chose to retain his Nigerian citizenship despite the opportunity to obtain a U.S. passport.

“I remember telling a colleague that this passport is a Nigerian passport, a green passport. I cannot and will never trade it for anything,” he said. “God did not make a mistake in making me a Nigerian. He didn’t make a mistake in making me an African.”

Expressing his passion for public service, Adesina noted that his ultimate source of happiness is witnessing a transformative change in people’s lives.

Drawing a parallel with Nigerian pop artist Davido’s hit song, ‘Unavailable,’ Adesina playfully remarked, “I would ask Davido to change that song—‘I am available, they will see me.’”

Adesina was first elected as AfDB President in 2015 and secured re-election for a second term in 2020. His tenure at the continental financial institution has been marked by a focus on economic development, infrastructure financing, and poverty alleviation across Africa.

While he did not declare his candidacy for the 2027 presidential race, his remarks have fueled speculation about his political future.

His track record and reputation as an economic reformer have long positioned him as a potential contender for Nigeria’s highest office.

As Nigeria’s political landscape gradually shifts towards the next general elections, Adesina’s latest remarks may signal a move towards a more defined political role.

Whether he formally declares his ambition remains to be seen, but his message was clear: he is ready to serve in any capacity that aligns with his vision for change

Continue Reading

Celebs

Veteran Nollywood actor, Columbus Irosanga Passes On

Veteran Nollywood actor, Columbus Irosanga, popularly known for his role as a native doctor is dead.

His death was announced on Instagram on Thursday by fellow movie star, Hilda Dokubo.

Sharing the news, Dokubo wrote, “There can’t be a shortage of angels in heaven that the few here are called home like this na! This one is heavy on Uniport Rivers State Nollywood.”

Beyond acting, he was a senior lecturer at the Department of Theatre Arts, University of Port Harcourt.

His most notable film roles include Issakaba (2003) and 7 Kilometre (2015).

Throughout his career, he received numerous awards, including Best Actor in a Supporting Role (AMAA), Best Actor in a Drama (City People Entertainment Awards), Most Promising Actor in Nigeria (AMVCA), and Best Actor in a Leading Role (Best of Nollywood Awards).

Continue Reading

Trending