Connect with us

Business

NUPENG Seeks Kerosene Adulterators Prosecution

Published

on

The apprehension and prosecution of unscrupulous petroleum products dealers in the creeks is the only panacea to the adulteration of kerosene in the country.

This was the position of the National Union of Petroleum and Natural Gas (NUPENG) Port Harcourt Zonal Chairman, Comrade Godwin Eruba.

Eruba told The Tide in an exclusive interview in his office in Port Harcourt, recently that the decision to inject 50million litres of kerosene into the market would help in mitigating scarcity of the product, but stressed that this may not eliminate adulteration as some criminally-minded businessmen, who may want to reap where they did not sow, would always want to capitalize on the high cost of kerosene to adulterate it.

According to him, kerosene has always been higher than petroleum motor spirit (PMS), popularly called fuel, noting that chances are that criminally-minded businessmen would always be tempted to adulterate it in order to make more money.

“In addition to pumping more kerosene into the market, security agencies should comb the creeks, where they have these make-shift refineries to flush out these criminally-minded businessmen”, he said, adding that “the security operatives should go after them, apprehend them and prosecute them”.

Eruba charged the Federal Government to give equal attention given PMS to kerosene as everybody relies on the product for cooking due to the epileptic power supply in the country.

He explained that because people need to light up their lanterns, kerosene was in very high demand, and important even more than PMS.

The NUPENG chieftain regretted that the claimed subsidization of kerosene by the government was not visible to the end users as the pump price of the product was higher than expected.

He said that domestic gas was having similar challenge of high cost, as “it is like being in the river, and washing with sputum”.

Eruba pointed out that the only way to solve the problem was for the government to make local refineries operate efficiently at nameplate capacity, so as the augment the imported products, adding that with such balancing act, scarcity would be put behind us as a nation.

It would be recalled that in order curb the ugly situation created by the scarcity of mostly kerosene across the country, the Nigerian National Petroleum Corporation (NNPC), recently injected additional 50million litres of kerosene into the market through its subsidiary, Pipelines and Products Marketing Company (PPMC).

Group General Manager, Public Affairs, Dr Levi Ajuonuma, had explained that 18million litres of kerosene were loaded out of NIPCO for independent marketers, 12.2million litres out of Capital Oil for the NNPC retail stations, and 17.4million litres pumped to Mosimi depot from Atlas Cove for onward supply to Ibadan, Ore, Ilorin, and environs.

Ajuonuma, while expressing concern at the development, had advised Nigerians to buy their kerosene from NNPC retail outlets or other government-licensed selling points to avoid being cut in the web of kerosene explosions that had recently rattled the nation and claimed many lives.

Continue Reading

Business

NIGCOMSAT Seeks Policy To Harness AI Potentials 

Published

on

The Nigerian Communications Satellite Limited (NIGCOMSAT), the country’s satellite operator, has called for immediate promolgation of policy action that will enable the country to harness the potentials of Artificial Intelligence (AI).
NIGCOMSAT, also warned that Nigeria risks missing out on Africa’s projected $1.2trillion share of the global AI economy by 2030.
Managing Director of NIGCOMSAT, Nkechi Egerton-Idehen, disclosed this in a statement issued at the weekend following her participation in the Meeting of the National Council for Communications, Innovation, and Digital Economy.
“Artificial intelligence is reshaping industries, economies, and societies worldwide, with projections that it will contribute up to $15.7trillion to the global economy by 2030. Africa stands to gain $1.2trillion of this if the right policies and innovations are in place”, Idehen said, citing a PricewaterhouseCoopers report.
The NIGCOMSAT MD underscored the transformative potential of AI in agriculture, highlighting its applicability in Benue State, widely regarded as Nigeria’s “food basket.”
According to her, machine learning tools could revolutionize agricultural practices by improving pest detection and optimizing planting schedules using satellite imagery.
“AI offers us the chance to not only flourish economically but also to achieve food security. However, we must ask ourselves if we are prepared to manage this technology responsibly”, she added.
Idehen also noted that internet access remains a significant barrier to AI adoption in Nigeria.
“For AI tools to be effective, basic digital infrastructure is essential. Addressing this gap must be a priority.
“AI is happening. We have the opportunity to manage this technology revolution responsibly, both in Africa and globally, through innovation and governance”, she said.
In August 2024, the Federal Ministry of Communications, Innovation, and Digital Economy released a draft National Artificial Intelligence Strategy, aiming to position Nigeria as a global leader in AI.

Corlins Walter

Continue Reading

Business

We Have Spent N1bn On Electrification -LG Boss

Published

on

The Chairman of Emohua Local Government Council, Chief David Omereji, has said  the council has so far spent over N1 billion  for the electrification of communities in the area.
Omereji said this while addressing staff of the council at the council headquarters recently.
He said the move was part of his administration’s resolve to ensure  peace and development of the LGA.
According to him,  the Council spent about N29 million on monthly basis for the maintenance of the Emohua Local Vigilante group known as OSPAC, with each member being paid a stipend of N100, 000 monthly.
He diaclosed that 11 out of the 14 wards are currently enjoying electricity, while efforts are on to light-up the remaining ones.
“I also want to use this opportunity to inform the political class for purposes of records and for the understanding of the people that the Council under my watch have done more than enough”, he said .
The Emolga boss explained  that all that have been achieved  were through the personal effort of the Council, without support from anybody as rumoured in some quarters.
Omereji further reaveled that a number of other projects, including roads, fencing of schools, hospitals, courts premises, and reconstruction of some abandoned buildings at the Council Headquarters are being undertaken by his administration.
He enjoined the people of the area to support his administration’s drive to bring purposeful development to the LGA.
The Emohua Council boss, who reiterated his hatred for noise making, stated that  his  works would speak for him, and solicited the support of staff of the council and the entire people of the area.
He noted the fact that some people may not be happy with his achievements, saying that he would remain focused, while  advising critics of his government to do so constructively with facts and figures.

King Onunwor

Continue Reading

Business

Ogoni Rejects NNPC-Sahara  OML11 Deal … Wants FG’s Intervention

Published

on

The Movement for the Survival of the Ogoni People (MOSOP) has raised some ethical questions over a Financial and Technical Services Agreement (FTSA) between Sahara Energy and West African Gas Limited (WAGL), an affiliate of the Nigerian National Petroleum Company (NNPC).
MOSOP said the agreement was not done in good faith, not in the interest of the Nigerian people, and did not follow due process.
Foremost Ogoni born activist and  MOSOP  leader, Fegalo Nsuke, who made this known in Abuja, weekend, described the Sahara-WAGL deal as fraudulent, deceptive and an insult on the intelligence and integrity of the Nigerian nation.
Nsuke called on President Bola Ahmed Tinubu to cancel that FTSA between Sahara Energy and WAGL, noting that the agreement is fraught with irregularities and deceptive.
“What Sahara and the NNPC did in the FTSA between Sahara and WAGL is shameful and depicts high level corruption in public service of our country.
“WAGL is an affiliate of Sahara and the NNPC. How then can Sahara go into an agreement with its own affiliate? It’s as good as going into an agreement with itself. This is deceptive and fraudulent”, Nsuke said.
He continued that “Sahara Energy is certainly not a company the Ogoni people want on their soil and we are calling on Mr. President, Bola Ahmed Tinubu, to terminate any deal between the NNPC and Sahara Energy over OML 11, and to allow for an inclusive arrangement that considers a fair treatment of the Ogoni people in the distribution of revenues from natural resource extraction on Ogoni soil.
“The last Ogoni Congress has been unequivocal on the Ogoni demand for justice and has given a clear path to resolve the three decade old conflict between all critical parties.
“It will be good to explore this path to peace and development for Ogoni and for our country”.
Nsuke accused Sahara Energy and the NNPC of frustrating the progress made by MOSOP to achieve a permanent solution to the Ogoni problem.
He urged a presidential intervention with deep consideration for a fair treatment of the Ogoni people in order to permanently address the problem.
He noted that Sahara Energy should give up on the Ogoni area to allow for an engagement in the interest of the country and the people.
Recall that MOSOP and Sagara Energy have recently been engaged in a row in what MOSOP describes as an unholy relationship between Sahara Energy and the NNPC over OML 11.
MOSOP expressly rejected Sahara Energy and called for a fair treatment of the Ogoni people in natural resource extraction in Ogoni.
It noted that Ogoni people, led by MOSOP, paid the sacrifice to take the oil from Shell, hence “the position of MOSOP must be taken into consideration in decisions relating to resumption of oil production in Ogoni”.

Continue Reading

Trending