FUEL DIVERSION: NNPC OFFICIALS DETAINED IN PRISON CUSTODY

The EFCC has arraigned the duo of Munzali Ahmed and Alex Bala before Honourable Justice Idrissa Kolo of the Federal High Court, Kano, on a one count charge bordering on diversion of PMS popularly known as Petrol. 

The accused, Munzali Ahmed, who is the Sales Representative of NNPC in Dutse, Jigawa State and Alex Bala the NNPC Sales Representative in Hotoro, Kano, were arrested by EFCC Operatives Special Task Force in March 2016 following intelligence which indicated that truck of 40,000 litres of PMS with Registration Number GME804XA belonging to the NNPC Retail billed for Bamaina outlet in Birnin Kudu Local Government Area of Jigawa State was diverted to Munira Petroleum Ltd and Danmarke Investment Ltd both in Zaria, Kaduna State. 

Increase in fuel price will increase social crimes – HURIWA warns

The Human Rights Writers Association of Nigeria, HURIWA on Thursday condemned what it termed government’s ill-advised haste to increase the pump price of Premium Motor Spirit, PMS, otherwise known as petrol, across the country to N145 per litre, warning that the spiraling implications of the hike would include a spike in social crimes and unrest.

Declaring that it was reckless, insensitive and irrational for government to remove fuel subsidy, it claimed that the action is meant to inflict maximum financial burden on the already absolutely impoverished millions of Nigerians, particularly the rural poor.

FG may increase petrol price soon — Marketers

The Federal Government may soon effect an upward review in the pump prices of Premium Motor Spirit, popularly known as petrol, oil marketers have said, attributing this to the recent increase in the cost of crude oil at the international market.

Crude oil price had fallen below $30 per barrel earlier this year, but as of May 2, 2016, the commodity’s cost rose to $45.83, according to data obtained from the Nigerian National Petroleum Corporation on Saturday in Abuja.

The oil marketers also told our correspondent that the current challenge they faced in the industry was how to sustain the improvement in the supply of petrol across the country.

Nigeria at 55: President Buhari’s speech (FULL SPEECH)

PRESIDENT MUHAMMADU BUHARI'S 55th YEAR INDEPENDENCE CELEBRATION BROADCAST ON THURSDAY 1st OCTOBER,2015

"October 1st is a day for joy and celebrations for us Nigerians, whatever the circumstances we find ourselves in because it is the day, 55 years ago; we liberated ourselves from the shackles of colonialism and began our long march to nationhood and to greatness.

“No temporary problems or passing challenges should stop us from honouring this day. Let us remind ourselves of the gifts God has given us. Our Creator has bequeathed to us Numbers – Nigeria is the ninth most populated country on the planet. We have in addition arable land; water; forests; oil and gas; coastline; and solid minerals.