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Just in: Ahead of tomorrow, NNPCL Deploys Over 100 Trucks To Dangote Refinery For Fuel Loading
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By Kayode Sanni-Arewa
Ahead tomorrow, the Nigerian National Petroleum Company Limited (NNPCL) has deployed over 100 trucks to the Dangote Refinery in preparation for the commencement of fuel loading.
The state-owned company announced this in a short statement attached to several pictures showing hundreds of trucks stationed within the premises of the indigenous refinery in Lagos State.
NNPC wrote: “In preparation for the Dangote Refinery’s scheduled petrol loading on Sunday, September 15, 2024, NNPC Ltd. has been mobilizing trucks to the refinery’s fuel loading gantry in Ibeju-Lekki.
“As of Saturday afternoon, NNPC Ltd. had deployed over 100 trucks, with hundreds more en route.”
The Nigerian government had earlier announced that the supply of petrol from Dangote Refinery, Lagos, wilbegin on September 15, following an agreement reached on pricing and supply terms.
The development was disclosed on Friday by Zacch Adedeji, the Chairman of the Federal Inland Revenue Service and member of the Presidential Committee on the Sale of Crude Oil and Refined Products.
According to Adedeji, the Nigerian National Petroleum Company Limited (NNPCL) would serve as the sole off-taker of petrol from the Dangote Refinery, with other marketers sourcing the product from the national oil company.
It was said the NNPCL would also commence the supply of 385,000 barrels of crude oil per day to the refinery from October 1, 2024, with payment made in Naira.
This development marks a significant milestone in the operation of the refinery, which is expected to significantly boost Nigeria’s fuel production capacity.
The Dangote Refinery, owned by business magnate Aliko Dangote, has been touted as a game-changer for Nigeria’s oil and gas industry.
With a capacity to produce 650,000 barrels of oil per day, the refinery is expected to meet Nigeria’s fuel demands and potentially export surplus products.
The NNPC’s deployment of trucks to the refinery signals the start of a new era in Nigeria’s fuel supply chain.
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Just in: Kidnapped corps member regains freedom after N1.1m ransom payment
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By Kayode Sanni-Arewa
A National Youth Service Corp member, Rofiat Lawal, who was abducted along the Benin-Ore Expressway on Tuesday has regained freedom after her family paid a ransom of N1.1m
The abductors were said to have demanded an N20m ransom which her family appealed that they could not afford.
Following back-and-forth negotiations, the kidnappers reportedly reduced the N20m ransom to N5m.
Giving an update on the incident, Lawal’s friend identified as Agbakwara, who was privy to the incident, disclosed on Saturday that Aminat has regained her freedom.
Sharing a video of the victim in a Facebook post, Agbakwara wrote, “In the early hours of Friday, the kidnappers pressured us, warning that if we failed to meet their demands, we should not expect her return.
“In desperation, I reached out to everyone I could, her colleagues in school, the Muslim association, her friends from her hometown, my fans, and her family.
“Through the collective efforts and generosity of so many, we were able to raise N1.1 million, which was sent at 4:20 pm on Friday to an account provided by the kidnappers.
“The recipient, Isaac Ayo, claimed that his sister had also been kidnapped and assured us he would deliver the ransom alongside his own.”
He stated that Lawal was finally reunited with her family on Saturday morning.
“For hours, we anxiously waited. Finally, at around 10 pm, we received the long-awaited call: they had been released and taken to the hospital.
“This morning, we got another call confirming that Rofiat was on her way home, and the others had also safely returned to their families.
“I want to express my deepest gratitude to everyone who contributed, shared the news, and tagged the necessary authorities. Your support made this possible,” he concluded.
The Punch
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Lagos High Court sentences Indian citizens to 10years jail over procurement fraud
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By Kayode Sanni-Arewa
An Indian national Chandra Singh has been sentenced to ten years jail over N816million procurement fraud.
Justice I.O. Ijelu delivered the judgment convicting Singh on charges of bribery and retention of stolen property amounting to N816,361,386.75.
The Economic and Financial Crimes Commission (EFCC) had arraigned Singh on 24 November 2022 on a 19-count charge.
The prosecution accused him of soliciting undue advantage for his company, CVN Engineering Limited, while employed at African Natural Resources and Mines Limited.
One of the charges stated, “That Chandra Prankash Singh, on or before 1st of January, 2021, within the jurisdiction of this Honourable Court, whilst in the employment of African Natural Resources and Mines Limited, solicited indirectly to confer undue advantage for your company, CVN Engineering Limited, in order that you influence your employee to award the supply of items costing N365,757,457.00 to CVN Engineering Limited.”
Another charge detailed a similar offence involving Neo Paints Nigeria Limited, stating, “That Chandra Prankash Singh, on or before 1st of January, 2021, within the jurisdiction of this Honourable Court, whilst in the employment of African Natural Resources and Mines Limited, solicited indirectly to confer undue advantage for your company, Neo Paints Nigeria Limited, in order that you influence your employee to award the supply of items costing N243,141,638.75 to Neo Paints Nigeria Limited.”
Singh was also accused of dishonestly retaining $4,150 belonging to African Natural Resources and Mines Limited.
He pleaded “not guilty” to all charges, leading to a full trial.
During the proceedings, prosecution counsel Bilikisu Buhari called nine witnesses and presented documentary evidence to establish Singh’s guilt.
After reviewing the evidence, Justice Ijelu found him guilty on counts 14, 15, 16, 17, and 18.
The judge sentenced Singh to 10 years imprisonment without an option of a fine and ordered him to pay restitution of N345 million to his victim.
The case concluded with Singh’s conviction for his involvement in the fraudulent scheme, which saw him exploit his position for personal gain.
News
Just in: FG Fails To Pay NYSC Members New N77k Allowance Despite Promises
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By Kayode Sanni-Arewa
The Federal Government has failed to pay N77,000.00 earlier promised to take effect at the end of February, 2025.
Corps members confirmed receiving their February allowance on Friday night, only to find out that it remained unchanged at N33,000 — less than half of the new amount that was supposedly approved.
The development contradicts the assurances given in January by the NYSC Director-General, Brigadier General Yushau Ahmed, who had publicly stated that the allowance increment was a done deal, awaiting only the passage of the 2025 budget.
The Federal Government has already approved the increment of your allowance. It is no longer news; we have the approval in our hands. What we are waiting for is just the passage of the budget,” Ahmed had told corps members in Katsina State, vowing that by February, they would start receiving N77,000.
However, February has come and gone, and the promise remains unfulfilled.
The Tinubu government has not provided any official explanation for the failure to implement the increase, leaving corps members stranded and frustrated in the face of a worsening economic crisis.
With Nigeria’s inflation rate soaring and the cost of living becoming unbearable, the N33,000 allowance is no longer enough for corps members to meet even their basic needs.
Many struggle to afford food, transportation, and accommodation, as prices of essential commodities skyrocket due to bad economic policies and naira depreciation under Tinubu’s administration.
A corps member serving in Oyo expressed his disappointment, saying, ”How do they expect us to survive on ₦33,000 when everything is expensive? They told us we would get ₦77,000 this month, and now they have failed again. This government keeps making promises but never delivers.”
Another corps member in Kano lamented that the delay in the allowance increment is yet another example of the government’s insensitivity to the struggles of young Nigerians.
“We are serving our country, yet we cannot even afford decent meals. The government knows that ₦33,000 is not enough, but they don’t care. They keep making empty promises while we suffer,” she said.
The failure to implement the promised allowance increase has further eroded trust in the Tinubu administration, which has been widely criticised for its economic policies that have. worsened inflation, unemployment, and poverty across the country.
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