News
Alleged sleaze in petroleum sector: Senate moves to unravel economic saboteurs
The Nigerian Senate has moved to unearth economic saboteurs in Nigeria’s petroleum industry.
Briefinging journalists on Thursday, the Senate leader and chairman, Senate Ad-Hoc Committee to investigate the alleged economic sabotage in the Nigerian Petroleum Industry, Senator Michael Opeyemi Bamidele, said the Committee is particularly interested in understanding why local refineries are not working despite the substantial amounts of money spent annually on their maintenance and operations.
Senator Bamidele said the Committee will closely examine what the Nigerian National Petroleum Corporation Limited (NNPCL) has been doing to address this persistent problem.
According to him, the Committee’s investigation seeks to identify and hold accountable all parties involved in the importation and distribution of the adulterated Petroleum Products (PMS and AGO), as well as suppliers, importers, regulatory bodies, and any other entities that may have contributed to this serious lapse in quality control.
He told journalists that the Committee will conduct a thorough review of current regulatory frameworks and procedures to identify deficiencies and recommend necessary reforms to prevent such occurrences in the future.
We are also taking this task seriously with a view to addressing fundamental issues that pose grave threats to our economic prosperity, fiscal stability and public health as a federation.
“In line with our mandate, we will definitely unravel the roots of economic sabotage in Nigeria’s petroleum industry and make necessary recommendations that will entrench global best practices in the industry and open it up for more investments, especially in the midstream and downstream sectors.
“We are utterly committed to this mandate. We shall also carry out this national assignment without fear or favour. We shall be fair and just to all parties with a view to promoting and protecting the strategic national interests of our fatherland.
Senator Bamidele assured members of the public that the Committee will pursue this investigation with the utmost diligence and integrity, saying, “We are dedicated to safeguarding the interests of all Nigerians and restoring confidence in our energy sector”.
While calling on all relevant stakeholders to cooperate fully with the committee as they go about the investigation, Senate leader said together, we can ensure that such an incident does not re-occur and that the integrity of our fuel supply chain is maintained and the timelines for the start-up of government funded oil refineries, are determined.
May I categorically state that this Ad-Hoc Committee is not meant to witch hunt any individual or group of people, or corporation, but rather to find a lasting solution for our collective mutual gains.
“To this regard, the Ad-Hoc Committee seeks the cooperation of stakeholders in order not to jeopardize the good intention of the Senate.
“Gentlemen of the Press, our mandate is of strategic national interests. Each member of the committee is carefully selected based on his/her records of sterling performance.
“We are all men of integrity who will never pursue selfish interests at the expense of the national interests. The Senate did not constitute this committee to intimidate and witch-hunt any party. Rather, the committee was constituted for the purpose of ensuring social and economic justice in the light of grim realities we are facing as a federation”, he added.
Enugu State Government has hailed the Government of the Republic of Finland for the arrest of the Finland-based leader of the criminal gang, Autopilots, Simon Ekpa, describing him as a common criminal, con man, and terrorist, who has no interest of Igbo people at heart.
The government also described Ekpa as a murderer and fraudster, who delights in killing his people and living large off their misery, saying that Enugu State was ready and willing to provide evidence of Ekpa-sponsored atrocities against Ndigbo to aid his trial and conviction, whether in Finland or Nigeria.
This was contained in a statement issued by the Secretary to the State Government, Prof. Chidiebere Onyia, on Friday.
“The Enugu State Government welcomes the arrest of the Finland-based terrorist, Simon Ekpa.
“His arrest and trial will no doubt go a long way in strengthening peace, security, and stability in all parts of the South East.
“This arrest is in line with the demand of Governor Peter Mbah Administration, which has repeatedly made it known that Ekpa is a megalomaniac, common criminal, murderer, and fraudster, who takes joy in feeding fat on the manipulated emotions of Ndigbo and inflicting misery on the South East region.
See also Bauchi: Head teacher bags 11 years jail term for sexually assaulting 6-year-old pupil
“Ekpa has for long, and unfortunately from Finland, made a living by creating a siege climate and mentality in the South East, destroying lives, property, and the Igbo trademark of entrepreneurship and hard work. He thrives on manipulating, exploiting, and extorting the people on the pretext of fighting for their interest and for the restoration of Biafra,” the government said.
News
“Men Need To Submit Too”, says Pastor Olumide, Quotes Bible Passage To Back His Statement (Video)
A pastor has stated that submission in a marriage is not a requirement for women alone.
Pastor Olumide Emmanuel explained that a Christian marriage is not based on “culture” but on the teachings of the kingdom and as a result, men should respect their wives’ opinions and superior judgment and submit when appropriate.
He said: “Men, I will tell you for free, respect a woman’s sensitivity if you want to do well in life.
“Ask any married man that will be honest with you, there are things that if we did not listen to our wife we’d be in trouble by now. And there are times that we didn’t listen, we enter trouble.
“So if you’re a young person now, don’t let Africa kill you. ‘I’m a man of this house, I’m a man of this house, you can’t tell me what to do’. Forget that nonsense.
“Marriage is not an African culture, it’s a kingdom culture and in the kingdom the bible says, submitting yourself one to another. Mutual submission is a kingdom agenda for the marriage.
“So there are times you need to submit to your wife. Submit to your woman.”
Amiloadednews
The black market dollar to Naira exchange rate on Friday 22 November 2024 can be accessed below.
NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to remember that the rate can shift (either upwards or downwards) within hours.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
According to Bureau De Change (BDC) sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players bought a dollar for N1710 and sold it for N1750 on Friday, November 22, 2024.
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1730
Selling Rate N1740
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1745
Selling Rate N1750
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Enugu ready to provide evidence against Ekpa, hails arrest
“Men Need To Submit Too”, says Pastor Olumide, Quotes Bible Passage To Back His Statement (Video)
BREAKING! END of road for Fubara as FG halts allocation
Just in: Terrorists ambush military truck, kill all soldiers on board
Nigerian Dancer, Korra Obidi Attacked with acid, stabbed on stage In UK
Meet Rare Gem 16 Years Old Chiaza, CEO of ‘RUN MARKET PLACE’
-
News10 hours agoDHQ Gives Updates on on Arrest, Trial of Simon Ekpa in Finland
-
News10 hours agoJapa: 1 of 4 Nigerians want to leave the country – NBS
-
News8 hours agoSenate mandates military to free LGs under B’Haram control
-
News9 hours agoOUTREACH: Senator Manu concludes 2-day ICT program for constituents, distributes over 500 laptops to students (Video/Photos)
-
News9 hours ago2027: Obasanjo’s knock on INEC reopens push for electoral reform
-
News10 hours agoI’m not too young or inexperienced to run for Lagos Governor – Speaker Obasa
-
News10 hours agoSimon Ekpa Sent To Prison
-
News10 hours agoNigerian Catholic religious Sister Uti wins $1.2 million Opus Prize