Business
PH Residents Decry Filling Stations’ Non-Compliance With New Pump Price
Sequel to further reduction of fuel pump price from N125 per litre to N123.50 by the Federal Government, some Port Harcourt residents have decried the non compliance of petroleum dealers in Rivers State to the new pump price.
Some of the residents who interacted with The Tide complained that the filling stations in the State were still selling at N125.00 and urged the dealers to adjust to the new pump price without further delay.
A public analyst, Mr James Okogba, said the petroleum dealers in Rivers State had no excuse for not adjusting to the new pump price, pointing out that business is about profit and loss.
He noted that petrol dealers were in the habit of adjusting their price faster whenever there is an increase in pump price, but give flimsy excuses when there is reduction
Meanwhile, Dr Goodluck Nwibari of the Elechi Amadi Polytechnic, Port Harcourt, in a phone chat with our correspondent, enumerated several instances when pump price was adjusted, especially during the Obasanjo administration and dealers adjusted immediately.
He said that the last increase from N97 to N145 by this administration greatly favoured dealers which they adjusted immediately, but wondered why they find it difficult to adjust to the new N123.50 per litre.
The Tide reports that the Federal Government had recently reduced the pump price from N145 to N125, and further reduced it to N123.50 last week.
Our correspondent who went round Port Harcourt to observe the situation, reports that virtually all the filling stations in Port Harcourt, including the mega station at Lagos bus stop, were still selling at N125.00 per litre as at yesterday.
Most of the petroleum dealers who pleaded anonymity hinged their non compliance on high rate of loading at the depot to transportation, administrative depot renewal, among others.
Corlins Walter
Business
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Business
FCTA, Others Chart Path To Organic Agriculture Practices
The Federal Capital Territory Administration (FCTA) and other stakeholders have charted path to improved organic agriculture practices nationwide.
At a 2024 national organic and agroecology business summit held recently in Abuja, stakeholders took turn to speak on the additional areas of promoting the practices.
The Mandate Secretary, FCT Agriculture and Rural Development Secretariat (ARDS), Lawan Geidam, advocated for sustainable practice to develop resilient food systems that will benefit people.
The event, with the theme,”Towards Policies for Upscaling Organic Agroecological Businesses in Nigeria”, is aimed at fostering growth in the organic agriculture sector.
Geidam, who was represented by the Acting Director, Agric Services, in the Secretariat, Mr. Ofili Bennett, emphasised the success of organic and agroecological farming, reling on the active involvement of farmers, businesses and consumers.
He reassured attendees that the FCT Administration, led by the Minister, Nyesom Wike, and Minister of State, Dr. Mariya Mahmoud, remains dedicated to supporting initiatives that enhance the livelihood of residents.
Geidam described the partnership between the Secretariat and the organic and Agroecology initiative for a monthly exhibition and sale of organic products in the FCTA premises as a testament to this commitment.
“The ARDS remains committed to driving policies and initiatives that align with national goals and global standards”, Geidam said.
On her part, the Chairperson of Organic and Agroecology Initiative, Mrs. Janet Igho, urged residents to embrace healthy eating habits to sustain a good lifestyle. She stressed the importance of adopting organic practices, highlighting the benefits of going organic, growing organic and consuming organic products.
Igho expressed her optimism regarding the Agricultural Revival Programmes as articulated in President Bola Ahmed Tinubu’s “Renewed Hope Agenda”, which aims at fostering food and nutrition security.
She also extended her gratitude to ARDS for graciously allocating a space in the FCTA premises for the exhibition and sale of organic products, noting that the platform has been effectively used to advance the promotion of organic agriculture in FCT.
Igho outlined several benefits of organic agriculture which includes improved soil health, increased biodiversity, availability nutritious and healthy food and a reduced carbon footprint.
Stakeholders at the summit, underscored the critical need for enhanced private sector involvement and robust capacity building initiatives for farmers.
They highlighted the importance of implementing supportive policies to foster the growth of the organic agriculture sector.
In the light of the significant challenges facing Nigeria’s agricultural landscape, stakeholders decided that organic agricultural practices present sustainable solutions and a pathway for a more resilient and productive farming systems.
The three-day summit featured exhibitions showcasing organic foods, fruits, vegetables and fertilizers, providing an opportunity for residents to better appreciate the benefits of production and consumption of organic agricultural products.
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