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Reps Ask FG To Reverse Petrol Pump Price Hike, Cooking Gas Price

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…urge NNPCL, others to expedite repairs of refineries 
 
 
By Gloria Ikibah 
 
 
The House of Representatives has urged the Federal Government to reverse the recent Pump Price hike and take immediate steps to stabilise petrol and cooking gas prices through targeted interventions such as temporary price relief measures, tax reductions, or subsidies on LPG for low-income households.
 
 
The House also called on the Nigerian National Petroleum Corporation (NNPC), Ministry of Petroleum Resources and other relevant agencies to expedite the repair/maintenance of domestic refineries and increase local refining capacity as a stop-gap measure to reduce thedependence on imported refined petroleum products.
 
 
The lawmakers furtwhr urged the Central Bank of Nigeria (CBN) to implement monetary policies that will mitigate the adverse effects of fuel price hikes on inflation, particularly with regards to essential goods and services.
 
 
These resolutions was sequel to the adoption of a motion of urgent public importance on the “Urgent need to suspend the increased cost of petrol and cooking gas in the country and provide a stop-gap”, moved by the House Minority Leader, Rep. Kingsley Chinda and 111 other lawmakers. 
 
 
Debating the motion, the Deputy Minority Leader, Rep. Aliyu Madaki, said that Nigeria, as an oil-producing nation, has historically relied on petroleum products and cooking gas (LPG) as essential sources of energy for both domestic and industrial purposes.
 
 
He expressed concern that in recent months, the prices of petrol and cooking gas have skyrocketed and continue to so do, creating an unsustainable financial burden on ordinary Nigerians and exacerbating the cost of living:
 
 
According to Madaki, the removal of fuel subsidies, coupled with global oil price volatility and the depreciation of the Naira, has contributed significantly to the rising cost of petrol at the pump and cooking gas for households.
 
 
The motion reads: “Worried that the escalating fuel and gas prices are impacting the cost of transportation, food, essential goods and healthcare, further increasing inflation and pushing many families into deeper financial hardship.
 
 
“Further concerned that businesses, particularly small and medium-sized enterprises (SMEs), are struggling to manage their operational costs due to increased fuel prices, threatening economic stability and job security.
 
 
“Acknowledging that the Federal Government has previously announced plans to repair domestic refineries and boost local refining capacity to address some of these issues but has yet to deliver significant results in this regard;
 
 
“Mindful that the rising cost of petrol and cooking gas poses a significant threat to the livelihood of millions of Nigerians and unchecked inflationary pressure caused by the increased prices can lead to social unrest, increased poverty rates, and negative long-term economic effects; Also worried that unless urgent and pragmatic steps are taken to control the rising cost of petrol and cooking gas, the Nation will go into economic crisis leading to negative outcomes like increased crime rate and mortality rate.
 
 
The House unanimously adopted the motion urging the Federal Government to explore alternative energy sources and diversify the country’s energy mix to reduce reliance on petrol and gas, promoting renewable energy solutions that are more sustainable and affordable in the long term.
 
 
The lawmakers also encourage State Governments to adopt policies that alleviate the financial burden on their citizens, such as waiving taxes or levies on transportation and goods affected by high fuel costs.
 
 
The House further mandated its special adhoc committee investigating fuels price increase to investigate and report back within two week for further legislative action. 
 
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Just in: Final knockout for Fubara as Supreme Court refuses to grant stay of execution request

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It is final blow as he Supreme Court today, denied Fubara Stay of Execution asking the counsels to the Rivers state Government to obey the Apoeal Court judgment while their Appeal are been heard.

Fubara and his 3 Lawmakers may have to kiss the dust with this latest development.

Information reaching me Sat’s INEC will this week announce dates for Bye election into the vacant seats.

More details shortly…

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University Don Tells FG To Sanction NUPENG President, General Secretary Over Failure To Curtail Tanker Fire Fatalities*

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By Kayode Sanni-Arewa

Victims of Wednesday’s inferno in Jigawa State where over 100 people were burnt to death have received sympathy from an American based Professor of Humanity who called on the Federal government to sanction the leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) over failure to curtail incessant deaths arising from tanker-related accidents across the country.

Professor Josephine T. Abubakar from University of Maryland, United States also commiserated with the families who lost loved ones in the tragic incident and prayed that God grant them the fortitude to bear the loss.

In a statement she made available to newsmen on Wednesday, October 16, 2024 she said Nigerian ministry of petroleum resources in collaboration with the National Petroleum Corporation Limited (NNPCL) need to activate Safe-To-Load Initiative to mitigate incessant petroleum products tanker accidents and ensuing fire outbreaks in Nigeria.

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The University don said, “It is highly irresponsible of an oil Union like NUPENG, especially its General Secretary, Afolabi Olawale for not reacting officially to a national tragedy caused by one of the branches of its union, PTD in particular. This is horrible and unbelievable, over 100 lives met their untimely death. NUPENG should not only be seen collecting multiple levies and dues from Tanker Drivers, but should be seen putting adequate safety measures in place to avoid fatalities like the one the country witnessed on Wednesday.

“The deaths was a colossal loss for Nigeria, and what made it more worrisome and heart-rending was that it could be avoided but NUPENG and PTD have failed in their responsibilities, rather they concentrate on bickering over leadership tussle, legal fireworks and other ventures that can bring pecuniary gains for them at the expense of their defenseless members. It’s a shame that Augustine Egbon, a stooge in PTD who was hand-picked to be the National Chairman has also been silent about this recent calamity. NUPENG has outrightly failed Nigeria to say the least.

“However, this is the best time for the Nigerian government to look into the activities of NUPENG and PTD so that public safety and security will no longer be put into jeopardy. Nigeria has lost many lives as a result of negligence, weak and incompetent leadership in NUPENG and PTD who cannot even fix its internal crisis but disgracing themselves on the pages of newspapers and the internet on a daily basis.

“The call also goes to Nigerian ministry of petroleum resources to collaborate with the National Petroleum Corporation Limited (NNPCL) so as to activate Safe-To-Load Initiative to mitigate incessant petroleum products tanker accidents and ensuing fire outbreaks in Nigeria.

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“PTD used to be known for operational excellence and robust safety checklist for loading of petroleum products at terminals, retail outlets and depots but since Afolabi came to the saddle as General Secretary, the Union has been in tatters. Government must overhaul NUPENG and PTD, if need be, Afolabi and the President should be sacked while the DSS can take over the affairs of the union, until a proper election is conducted. There is nothing new, this has happened in NUPENG before”, she said.

The professor further appealed to Tinubu led government to be committed in ensuring safe roads for petroleum products distribution in the country and as well continue to create laudable interventions that can cushion the hardships faced by tanker drivers in their task of distributing products across the country, while also stressing that law enforcement agencies must as well show cooperation, support and provide security/succor for the hardworking tanker drivers.

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Impeachment Plot: Akpabio Cautions Nigerians To Disregard Media Report

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By Gloria Ikibah

The President of the Senate, Senator Godswill Akpabio, has admonished Nigerians to disregard stories of his planned impeachment, even as he described it as an illusion.

Naijablitznews.com recalled that an online publication, (Name withheld on Wednesday,  published a story titled “DSS Takes Over National Assembly Amid Impeachment Speculations Against Senate President Akpabio”, which has since been republished by other media outlets.

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The Special Adviser on Media and Publicity to the President of Senate, Hon. Eseme Eyiboh in a statement on Wednesday said the report was a figment of the reporters imagination.

He said: “Distinguished Senator Godswill Akpabio, President of the Senate of the Federal Republic of Nigeria, wishes to state without equivocation that the speculation and misinformation circulating about an alleged impeachment plot against him is the handiwork of fifth columnists who are perpetual merchants of misinformation and purveyors of mischief.

“As a Head of one of the Arms of government, the President of the Senate categorically denies these baseless claims and reaffirms his commitment to transformational leadership of the Senate particularly and effectively collaborates with the other arms of government. There is no crack in the Upper Chamber and no Senator or Caucus is plotting any impeachment against the President of the Senate. Every Senator is focused on raising the bar of Legislative Agenda and Nation building.

“The allegations are nothing but a desperate attempt to create division and discord among the esteemed senators. It’s unfortunate that some individuals would resort to spreading falsehoods to promote the invidious reins of their blackmail enterprise.

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“Senator Godswill Akpabio remains focused on the implementation of the 10th Senate’s Legislative Agenda and working tirelessly to address the pressing National issues of growth and prosperity.

“The Senate President will not be distracted by these unfounded rumours and wants to assure the public that his commitment to Nigeria’s progress remains unwavering.

“We therefore urge the public to disregard these baseless claims and instead focus on the meaningful work being done by the Senate to improve the lives of all Nigerians”.

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