Fuel Scarcity Impends as Indebted Marketers are Denied Licence

The threat of fuel scarcity weighs heavily as the Minister of State, Petroleum Resources, Ibe Kachikwu, has directed the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Nigerian National Petroleum Corporation (NNPC) not to renew import licence and loading of petroleum products to oil marketing companies indebted to government through its agencies.

The minister also mentioned that special attention should be paid to the marketers, who also owe the Petroleum Equalization Fund (Management) (PEF), in respect of N6.20 per litre bridging allowance due to the fund.

Consequently, some stakeholders that there would be scarcity of fuel in some parts of Nigeria where bridging costs still operate, if the minister ‘s directive is strictly adhered to.

Explaining the directive, an aide to the minister said the directive became necessary following a series of complaints by members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) and transporters under the National Association of Road Transport Owners (NARTO) that bridging claims owed them by the PEF may hamper smooth distribution of petroleum products across the country.


Bill to Prohibit Tribal Marks Passes Second Reading in Senate

A Bill for an Act to provide for the Prohibition of Facial Mutilation, Offences, Prosecution and Punishment of Offenders passed second reading in the Senate on Tuesday.

Sen. Dino Melaye (APC-Kogi), who sponsored the bill, said that there was no doubt that Africans of old used tribal marks as a means of proper identification.

He however stated that the reasons “cannot be scientifically proven, and hence cannot enjoy the support for this harmful practice.”

According to the lawmaker,

“The irony of these marks is that it makes victims subjects of mockery by friends. Imagine someone being called a tiger simply because of the thick cheeks resulting from facial marks.

These people have been subjected to different reactions. Some have lamented the marks that are bequeathed on them as generational inheritance.Many have cursed the day which this dastardly act was performed on them.

Many of the grown adults have confessed that the most terrific debacle of their lives is their tribal marks. Some have become eunuchs because of this stigma. Imagine a boy in the class of 25 pupils carrying a tribal mark. His mates will call him the boy with the railway line.

They are emblems of disfiguration. Some of them have developed low self-esteem and most times treated with scorn and ridicule including rejection by the female folks.

The reactions of people who interact with them say it dampens and lowers their spirit.”

The bill is also to provide for the Protection of victims under threat of facial mutilation and other related Matters.

Whistleblowers to Earn N210m on Every N5bn – FG

The Federal Government have revealed that whistleblowers whose information leads to recovery of  N1billion to N5 billion will receive 5 percent for the first N1billion and 4 percent of the remaining N4 billion.

The minister for Information and Culture, Alhaji Lai Muhammed revealed it in a statement yesterday. According to him, any amount from N5bn and above would attract 2.5% reward.

The minister also assured that the government would protect the identity of all whistleblowers, whether in the public or the private sector by keeping information they provide secret.

“Whistleblowers have nothing to fear, because the committee has put in place the necessary measures to safeguard those who give useful information. As a matter of fact, whistle-blowers have everything to gain and nothing to lose. What we have done by making this information public is to reassure potential whistleblowers that the plan to reward is real. We are not just saying we will pay all whistleblowers, but we are letting them know in advance what they are entitled to, once the information they provide leads to the recovery of looted funds.”


Oloori Jay – The Real Estate Giant Woman Doing A Mans Job Even Better

Oloori Jay – The Real Estate Giant Woman Doing A Mans Job Even Better

Oloori Jay – The Real Estate Giant Woman Doing A Mans Job Even Better
Oloori Jay – The Real Estate Giant Woman Doing A Mans Job Even Better

She is amazing, beautiful and captivating. She makes us look forward to each new day that we spend together. She goes by the name ‘Juliena Temitope Ali’ popularly called Oloori Jay, a business woman, mega real estate realtor, consultant, charity lover and a hustler. She believes that whatever a man can do, a woman can do even better.Juliena Tosin Ali is constantly on our mind, and not a moment goes by that we want to be apart. She holds the keys to our heart, and she deserves to know it.

After having a little interview with her, she explained to us how busy she can be and took us around showing us how she spends her daily life, check it out below;

by Lucky O. Freeman
Lagos, Nigeria

Tests Revealed President Buhari Needed a Longer Period of Rest – Femi Adesina

According to Femi Adesina, special adviser to President Buhari on media and publicity, Nigeria’s President, Muhammadu Buhari has thanked every Nigerian, both Muslim and Christian, who has been praying for his health.

Adesina disclosed this in a press statement today.
President Muhammadu Buhari thanks millions of Nigerians who have been sending good wishes and praying for his health and well-being in mosques and churches throughout the country.
The President is immensely grateful for the prayers, show of love and concern.
President Buhari wishes to reassure Nigerians that there is no cause for worry.
During his normal annual checkup, tests showed he needed a longer period of rest, necessitating the President staying longer than originally planned.”

FG Closes 20,000 Bank Accounts, Moves N5.2tn into TSA

Over 20,000 accounts with Deposit Money Banks belonging to Ministries, Departments and Agencies have been closed with a total sum of N5.24tn moved into the TSA, since the the commencement of the Treasury Single Account in September 2015.

The Accountant General of the Federation, Ali Ahmed Idris, disclosed the figures on Tuesday in Abuja, while speaking at the opening session of a two day retreat on TSA.

The event which was attended by Vice President Yemi Osinbajo, the Minister of Finance, Mrs Kemi Adeosun, the Secretary to the Government of the Federation, Mr Babachir Lawal among other top government officials had as its theme, “One year anniversary of Treasury Single Account: Benefits, challenges and way forward.”

Idris explained at the event that the TSA initiative has assisted the government to overcome the burden of indiscriminate borrowings by MDAs thus saving government a lot of bank charges associated with these borrowings.

For instance, he noted that prior to the full commencement of the TSA, the government was incurring about N4.7bn monthly on bank charges, adding that this has been eliminated through the TSA initiative.

The TSA is a platform which was used by the government to unify all its accounts by ensuring that all monies belonging to the federal government are kept with the Central Bank of Nigeria.

How We’ll Get Nigeria Out of Recession – Osibanjo

The Vice President, Yemi Osinbajo on Wednesday divulged the programmes and plans of the Federal Government to salvage the economic recession in Nigeria.

He spoke on how empowerment of Nigerians is at the heart of the Social Investment Programmes of the Muhammadu Buhari administration, even though it also has a social welfare component to help the people survive as they are being empowered.

According to a statement by the Senior Special Assistant on Media and Publicity to the Office of the Vice President, Laolu Akande, Professor Osinbajo revealed this in Davos where he is led the Nigerian delegation to the yearly World Economic Forum (WEF).

He also disclosed that the Buhari administration is committed to investing more in infrastructure than in previous times by ensuring that 30 per cent of the budget goes into capital expenditure.

Mentioning that, “it is not difficult to get out of where we are if we understand why we are where we are.”

In addition, he stated that the government is working on how to tap into Nigeria’s huge Pension Fund to finance infrastructure in the country, but said “we have to first derisk” such financing models for infrastructure.

“The Vice President participated and spoke in several events … including a packed international Business Interaction Group of investors focused exclusively on Nigeria. He also spoke at a panel of Building Africa, joined by Rwandan President Paul Kagame, and televised live by the CNBC Africa.”

Military Jet Mistakenly Strikes IDP Camp, Presidency Reacts.

Many feared dead after a military plane mistakenly dropped a bomb inside the Rann IDP camp in Borno State.

The Rann IDP camp in Kala-balge Local Government Area caters for thousands of persons displaced by Boko Haram.

Brigadier General Rabe Abubakar who is the spokesperson of the army confirmed the tragic incident and said the military deeply regretted the error.

According to him, the military got intelligence report of Boko Haram and deployed ground and air troops and that it was the air troop that mistakenly dropped bomb on the IDP camp.

The Borno state government has sent a message to all hospitals in Maiduguri to be prepared to receive and treat injured people.

The President has also reacted to the military faux pas.

In a series of tweets, President Buhari commiserated with the victims and pledged the Federal Government support in handling the situation.

“I received with regret news that the Air Force, working to mop up Boko Haram insurgents, accidentally bombed a civilian community in Rann, Borno State.”

“I sympathise with the families of the dead, and with the injured, and the Government and people of Borno State.”

“The Federal Government will fully support the Borno State Government in dealing with the situation and attending to the victims.”

Vice President Osinbajo in Delta on Peace Mission

Yemi Osinbajo, Vice President of Nigeria visited Delta state with a Federal Government team on Monday as part of government’s efforts to resolve the lingering Niger Delta Crisis.

The purpose of the visit was said to engage with oil communities in the Delta state and other Niger Delta states in its bid to end renewed militancy in the region, which has led to dwindling oil output and national revenue.

On his team were General Paul Boroh Special Adviser to the President on Niger Delta and Dr. Ibe Kachukwu Minister of State, Petroleum Resources.

He was received by Delta state Governor Ifeanyi Okowa, members of the Delta state executive council and traditional rulers from Delta state at the Osubi airport near Warri, the business city of the state.