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Stop importation of fake fuel to Nigeria, professionals in Europe tell Tinubu
By Kayode Sanni-Arewa
The Association of Nigerian Professionals in Europe (ANPE), has asked President Bola Ahmed Tinubu to, as a matter of urgent national importance, stop the dumping of tainted Petroleum Products, otherwise known as fake fuel, being imported into the country.
Tinubu is the President and Commander-In-Chief of the Armed Forces, who doubles as the Minister of Petroleum Resources of the most populous African country, Nigeria, and a major player in oil production in the world.
Despite being major oil producer, Nigeria still battles with importation of refined products, which over 150m end users largely depend on. The nation’s refineries – Kaduna, Warri and Port Harcourt have remain in comatose, despite the many interventions of the present administration in billions of dollars.
Aside the allegation of frustrating the only viable local refinery, Dangote, the oil cabals have also been accused of encouraging importation of off-spec and adulterated products into the country, the allegations National Assembly Joint Committee is currently investigating.
In a press statement signed on Wednesday by the Global President of ANPE, Mr. Solomon Ola, the Nigerian Professionals in Europe are calling on President Tinubu to cause an urgent investigation of the recent trend of infiltrating the Nigeria’s market with product capable of putting lives of the people in great jeopardy.
The group warned that, “Importation of the sanctioned-tainted petrol into Nigeria would no doubt have diplomatic consequences, bearing in mind the sanctions that the Price Cap Coalition, comprising the European Union, the United States, the G7, and Australia, imposed on Russian-sourced crude and petroleum products”.
The statement read, “The Association of Nigerian Professionals in Europe (ANPE) has followed developments in Nigeria’s petroleum industry with concern, given the absurd positions being canvassed by some stakeholders regarding the safety of the country and citizens regarding the quality of products being retailed.
“ANPE has consequently decided to urge President Bola Tinubu, as a matter of national interest, to use his mandate as the country’s chief executive to halt the designation of Nigeria as a dumping ground for foreign-sourced tainted, adulterated, and questionable petroleum products.
“We are sad and alarmed by recent developments in Europe, from Russia to Malta and every part of Europe, our home country has become a lucrative destination for the dumping of adulterated petroleum products such as PMS popularly known as petrol, which industry experts have tagged as fake fuel.
“Our association is concerned that the petroleum products in question are still being dumped in Nigeria even after industry experts have warned about their substandard nature, which poses material and economic risks to Nigerians whose vehicles and equipment could be damaged by dirty fuel.
“Fake fuel also has negative implications for the environment in addition to the associated dangers that the fumes from these products pose to public health, a situation that the Nigerian government would find exceptionally challenging since such a health burden would further stretch already lean public finances.
“Importation of the sanctioned-tainted petrol into Nigeria would no doubt have diplomatic consequences, bearing in mind the sanctions that the Price Cap Coalition, comprising the European Union, the United States, the G7, and Australia, imposed on Russian-sourced crude and petroleum products. In response to Russia’s invasion of Ukraine, the Price Cap Coalition forbids transactions on crude oil and petroleum products of Russian Federation origin unless they are transacted at or below $60, a price band that the products imported into Nigeria routinely violate even when the products are of Russian origin.
“A third concern for our association is the absurdity of importing relatively pricier petrol into Nigeria when more affordable and quality options are available from local refineries. This insistence on flooding Nigeria with bad petrol is equally bad for the economy. It is actively sabotaging President Tinubu’s economic policy.
“Things have gone so awry that Nigeria has become the toast of European companies peddling these products, which cannot be sold in other African countries such as Ghana, Benin Republic, Togo, South Africa, Angola, Kenya and others. The collaborators of these European firms back in Nigeria collude to force these products on citizens of our dear nation for the sole purpose of profit-making.
“ANPE is consequently alerting Mr President and calling for caution while demanding that he directs the relevant authorities to urgently investigate and stop this illegal trade that places the nation and citizens in jeopardy”.
News
Enugu ready to provide evidence against Ekpa, hails arrest
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.”
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SEE Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22 November 2024
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.
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