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PMS price hike: Tinubu summon Lokpobiri, NNPCL MD, NSA

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By Francesca Hangeior.

 

President Bola Tinubu has directed his deputy, Senator Kashim Shettima to summon the Minister of State, Petroleum, Heineken Lokpobiri, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari and the National Security Advisor, NSA, over the recent increase of petrol pump price and the scarcity of the product in different parts of the country.

Also at the meeting was the Executive Director of Nigeria Mainstream, Downstream Petroleum Regulatory Authority (NMDPRA) Kalu Okuoha.

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Speaking to State House correspondents after the meeting with the Vice President, Lokpobiri said “We were summoned by the Vice President who was directed by Mr. President to summon this meeting and we have been with him to brief him about what is going on across the country.

“The Vice President summoned us and we’ve been with him to brief him about what is going on across the country. And what is important is for us to convey to Nigerians that the President is empathetic about what is going on in the country. He is concerned about the hardship of Nigerians, and that was why he directed the Vice President to call this meeting, for us to reflect on what is going on in the country.

“What is important is that products are available in the country, and we believe that between now and the weekend, there will be availability of products across the length and breadth of the country.

“The price could be high in some other areas, much higher in some other locations, and in some locations, much more than you know other areas.
“But we believe that by the time there is availability of products across the country, the price itself will stabilise.

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“But what is important is that the government is not fixing prices. This sector is deregulated. And we believe that with the availability of products, the price will find its level. And this is important for Nigeria to know.

“The summary is that the President is empathetic about what’s going on. That’s why he directed this meeting. There is enough product in the country to be able to meet the demands of Nigerians. There should be no panic buying. And we also believe that Nigerians need to know that the government is not fixing prices. That is what I want to convey to Nigerians.”

The Executive Director of NMDPRA, Kalu Okuoha, while briefing also said, “All regulatory efforts are now geared towards stabilizing supply, with a resultant impact that it will be positive also on the stability of price.

“To that objective, the regulator is ensuring that there are increased operating hours from all loading depots; vessels are being cleared promptly and extended hours where safety can permit for truck-outs as well. More important also is the reinforcement of the support being given to local refiners because with increased production from them, we, indeed, like the minister, has said, there will be a higher supply, which will stabilize the price. That’s the effort that the regulator is making.”

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NASS Expected To Tackle Security Challenges Upon Resumption—-Nnamchi

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Hon. Prof. Paul Sunday Nnamchi, representing Enugu East/Isi Uzo Federal Constituency, has declared that lawmakers would be expected to prioritize security challenges upon the National Assembly’s resumption after the Eid al-Fitr and Easter breaks.

Speaking with journalists in Abuja, Nnamchi emphasized the need for meaningful engagements on security, economy, and living conditions of Nigerians which had continued to dwindle.

“The insecurity situation is worsening, with farmers being chased off their lands and kidnappers becoming more brazen,” he noted. “We must strengthen our legislative oversight to address these challenges.”

Nnamchi also highlighted the struggles of Nigerians, citing skyrocketing living costs and dwindling incomes. He noted NASS was expected to focus on motions and Bills that would address the expectations of Nigerians.

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Regarding his pending Bills, Nnamchi mentioned the University of Agriculture, Ako-Nike, College of Education Eha-Amufu upgrade, and School for Gifted Children, Trans-Ekulu, as likely to be concluded before the 2025 legislative break.

The lawmaker also appealed for increased remuneration for university staff, particularly lecturers, to prevent tertiary education collapse.

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Kano LGs to contribute N670m for Emir Sanusi’s vehicles

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The Kano State government has allegedly directed each of the 44 local government areas in the state to contribute N15,227,272.72, totalling N670m to the Kano Emirate Council.

The amount is for the repairs and purchase of vehicles for the Emir of Kano, Alhaji Muhammadu Sanusi.

The directive, contained in a memo from the Ministry of Local Government, with reference number MLG/INSP/LGD/166T/6, dated March 25, 2025, was addressed to all the local government chairmen.

A palace official, who spoke to The PUNCH on conditiion of anonymity for lack of authorisation, confirmed the authenticity of the memo.

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“The company has already been contacted, and plans are in motion to bring in the vehicles and begin the restoration of the vintage ones,” the source disclosed.

According to the memo signed by the Director of Local Government Inspection, Abubakar S. Dabo, on behalf of the Commissioner for Local Government, the approved amount would be deducted from the State/Local Government Joint Account to repair two vehicles and supply four new vehicles to the Emirate Council.

The letter, with the caption, “Conveyance of Approval for the Release of Funds,” sighted by The PUNCH read: “I am directed to convey government’s approval for the release of the aggregate sum of N670,000,000.00 at the rate of N15,227,272.72 per LGA from the State/Local Government Joint Account to repair 2 No. vehicles and supply 4 No. vehicles to the Kano Emirate Council through Sottom Snergy Resources Ltd as per below:

“Complete refurbishing of engine, body and interior of 1993 Fleetwood Cadillac limousine at N25 million and complete refurbishing and rebuilding of both engine, interior and complete body for Daimler D5 420 1998 at N25m.”

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The new vehicles to be purchased are one Toyota Hilux pickup 2024 model at N98 million, one Toyota Hiace Bus at N98 million, one Toyota Land Cruiser VXR full option 2024 model at N268 million and one Prado 2024 model at N156m.”

The letter, which was also copied to the Auditor General, Local Government Audit, Kano State and all Zonal Inspectors, Ministry for Local Government, Kano State, directed them to ensure that all due procedures were strictly adhered to.

Reacting, a chieftain of the All Progressives Congress, Alhaji Alhassan Yaryasa, slammed the government for approving the money.

He said, “How can the state government approve this huge amount of money while the residents of the state capital and some other major towns in the state are grappling with water scarcity?

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“This is a complete misplacement of priority. How can you spend this money on repairs and purchase of new vehicles for the Emir while other sectors need government attention, especially education and health sectors that have suffered neglect?”

Yaryasa, who was the former coordinator of Tinubu Campaign Organisation for Kano South, called on Governor Abba Yusuf to reconsider the decision and channel the funds to areas where they would be needed most.

“Emir Sanusi does not need new posh cars. Where are the ones he has been using since returning? This is a wasteful expenditure and Kano masses will not forgive them,” he said.

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NIPOST moves to cashless operations nationwide from July 1

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The Nigerian Postal Service (NIPOST) has announced a sweeping reform agenda aimed at transforming the agency into a modern, efficient, and digitally driven institution, with a key policy shift being the adoption of cashless transactions across all its offices.

Starting July 1, 2025, all post office counters in the 774 local government areas of the country will stop accepting cash payments for services.

Customers will instead be required to use approved electronic channels to complete their transactions.

Announcing the development on Monday, NIPOST’s Postmaster General and CEO, Tola Odeyemi, described the move as a major milestone in the agency’s modernisation efforts.

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“This is a crucial step in our modernisation journey — one that ensures safer, faster, and more transparent service delivery,” she said.

In a statement signed by NIPOST’s Director of Corporate Communications, Franklin Alao, the agency said the reforms are in alignment with President Bola Tinubu’s Renewed Hope Agenda and are designed to place NIPOST at the centre of Nigeria’s digital transformation.

“With these initiatives, NIPOST is positioning itself as a dynamic, technology-driven player — connecting Nigeria, delivering solutions, and improving lives,” the statement added.

Alao said, “These initiatives mark a new strategic direction for NIPOST under the vision titled, ‘Change of Renewed Hope Berths at NIPOST Shores”.

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“The reforms are designed to align the agency with global best practices, the needs of Nigeria’s evolving digital economy, and the Renewed Hope Agenda of President Bola Ahmed Tinubu.

“At the heart of this transformation is NIPOST’s commitment to becoming a modern postal service — one that is driven by innovation, accountability, value, and service excellence.

“We are assuring Nigerians of a revitalised NIPOST that delivers superior service and embraces the future”.

NIPOST commended the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, for his unwavering support and leadership.

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“The organisation also commended the new Chairman of the NIPOST Board, Barr. Isaac Kekemeke for his passion and strategic foresight since his appointment, and the Postmaster General/CEO, NIPOST, Tola Odeyemi, for her relentless efforts in championing institutional reforms, improving staff welfare, and driving capacity development”, Alao said.

Also, assured that NIPOST would implement a performance-based reward and recognition system to encourage excellence, alongside strict disciplinary measures to uphold organisational integrity.

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