News
Nigeria consumes 50m litres of petrol daily – NMDPRA
By Francesca Hangeior
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s daily petrol consumption currently ranges from 45 million litres to 50 million litres.
NMDPRA’s Chief Executive Officer, Mr Farouk Ahmed, disclosed this while speaking on the sidelines of the ongoing 18th Africa Downstream Energy Week in Lagos.
Recall that the 2024 OTL Africa Downstream Energy Week has the theme “Alliances for Growth.”.
Ahmed said that higher petrol consumption during the fourth quarter, especially near the holiday season, was typical due to increased industrial and consumer activities.
He expressed hope that recent price adjustments and market liberalisation would reduce cross-border smuggling, helping to retain more petrol within Nigeria.
“We hope this price adjustment or liberalisation will discourage cross-border smuggling of the product, meaning that more petrol will stay within the country,” he said.
He said that actual petrol consumption levels in Nigeria could decrease but were unlikely to drop significantly.
Discussing the conference’s theme, Ahmed emphasised the importance of alliances in the industry for efficiency and cost reduction.
He said that fewer shared facilities would be more efficient than numerous idle private depots, benefiting both businesses and consumers.
“Collaborations or alliances among stakeholders will lead to greater efficiency and lower costs for consumers,” Ahmed said.
He said that shared facilities among agencies such as NMDPRA, Nigerian Maritime Administration and Safety Agency, and the Nigeria Ports Authority could reduce operational inefficiencies.
According to Ahmed, NMDPRA does not plan to enforce mergers, but industry players are encouraged to consider partnerships, especially in saturated markets, to improve efficiency and lower costs for consumers.
“With strategic alliances in place, we can reduce costs for consumers by making the most of our existing infrastructure,” he said.
Ahmed gave the assurance that NMDPRA would continue with evaluating project viability to ensure consumer benefit.
According to him, collaborative efforts and efficient operations are critical for a sustainable energy future in Nigeria.
News
Senator Manu hosts Taraba Queens and Kings in NASS (Photos)
The Senator representing Taraba Central, Manu Haruna on Tuesday hosted Taraba Queens and Kings in his office at the National Assembly Complex on Tuesday.
Miss Taraba Queen Grace Sunday, the 7th titleholder, and Miss Taraba Queen Comfort Williams, the 10th titleholder, led the newly crowned state kings and queens in paying a courtesy visit to the former Deputy Governor of Taraba State.
Grace Sunday on behalf of the team expressed their appreciation for the Senator’s support and dedication to youth empowerment and community development within the Taraba Central and Taraba at large.
Senator Haruna hailed their achievements and encouraged them to continue serving as positive role models for the youth of Taraba State.
See photos below:
News
*Kemi Ayelabola Sustains Tempo On Gender Equality For Women, Salutes Efforts Of Hon. Ogbara, House Leadership*
By Kayode Sanni-Arewa
The Chairperson and Convener of Asiwaju Renewed Hope (ARH’23), Kemi Olokode-Ayelabola has added her voice to the call for gender equality for women, describing it as a moral imperative, as well as a key driver of sustainable development and social progress.
Kemi, a behavioral, developmental and child/young persons care professional currently based in the Republic of Ireland also commended the leadership of the House of Representatives, especially the Speaker, Rt Hon. Tajudeen Abbas (CFR) and the Deputy Speaker, Rt. Hon. Benjamin Kalu (CON) for their deliberate efforts to involve more women in critical decision-making, particularly in elective offices across the various tiers of government.
She further applauded the House leadership for the genuine commitment they exhibited at the international legislative dialogue on women and the constitutional amendment process in Nigeria, recently organised by the House of Representatives Committee on Constitution Review.
Similarly, Kemi equally gave kudos to the Chairman House of Representatives Committee on Women Affairs and Social Development, Hon. Kafilat Ogbara for her immense contributions in making a case for the women folks towards societal cohesion, gender parity, political participation/leadership so as to engender national development.
Olokode-Ayelabola stated this in a statement she made available to the media on Tuesday, October 29, 2024 noting that there was urgent need for collaboration and collective action by all stakeholders in tackling legal, social, religious and cultural vices and other societal challenges, that serve as impediments to women’s participation and empowerment in every strata of life.
“I must commend Hon. Kafilat Ogbara, the Chairman House Committee on Women Affairs and Social Development, for revisiting all the gender-based legislations of the 9th Assembly on women’s participation in politics and other sectorial matters and this is essentially crucial to building a stable and peaceful society and developing policies that respond to the specific needs of women while also creating a place of pride and dignity for them in the society through right legal and legislative frameworks.
“There is, therefore, an urgent need for the women to be adequately represented in political and economic decision-making at every level,” she said.
Continuing, “As Nigeria strives for gender equality, women’s participation in political leadership remains a critical focal point. Sadly women face pitiable challenges in the political arena, therefore necessitating tailored approaches to enhance their opportunities and ensure protection from discrimination must never be compromised.
“I once appealed to President Bola Ahmed Tinubu in March this year to step up the full implementation of 35% affirmative action of women in public governance and leadership; I have not backed out from this laudable advocacy and thankfully we have a compassionate and listening President who is already taking meaningful decisions in that direction and we must applaud His Excellency for that.
“We must however redouble our efforts to support women in decision-making roles, enabling them to effectively advocate for legislation and policies that advance the interests of women and girls. In alignment with these efforts, there should be legislative and constitutional reforms to ensure women’s equitable access to political spheres as voters, candidates, elected officials, political appointees and civil service executives as the case may be,” Olokode-Ayelabola stated.
News
Reps Query Works Ministry Over N1.46bn Abandoned Road Project
-
News19 hours ago
Hon. Ikwechegh tenders public apology, for humiliating delivery driver, seeks professional counseling on behavioral change
-
News18 hours ago
Northern govs move against President Tinubu’s proposed Reforms
-
News13 hours ago
Just in: Again, NNPCL Increases Fuel Pump Price To 1,025 In Lagos
-
Entertainment18 hours ago
I had 20 boyfriends when I met my husband Ned Nwoko – Regina Daniels
-
Politics9 hours ago
Protest in INEC over demand for Ondo REC redeployment
-
News13 hours ago
Many terrorists killed after NAF airstrikes in Borno
-
News19 hours ago
FG moves to teach mathematics in Yoruba language
-
Sports20 hours ago
Man City’s Rodri Beats Vinicius, Bellingham To Win 2024 Ballon d’Or