Monday, November 29

Tag: Hoarding

Scarcity: NANS gives oil marketers 24-hour ultimatum to dispense fuel to Imo residents
News

Scarcity: NANS gives oil marketers 24-hour ultimatum to dispense fuel to Imo residents

The National Association of Nigerian Students (NANS), the umbrella body of all students’ organizations in Nigeria, on Thursday, warned petrol marketers in Imo State against hoarding Premium Motor Spirit (petrol) in order not to create hardship for Imolites. The students body, which gave this warning while briefing journalists at the NUJ secretariat Owerri, Imo State, said any fuel station that fails to dispense the FG subsidized petroleum products allocated to Imo State by Department of Petroleum Resources, DPR, within the next 24 hours, “shall have us declaring such product found in such station FREE FOR ALL” Comr. Asefon Sunday Dayo, NANS National President, who spoke on behalf of the students said, “because our members are the worst hit and students in Imo State can no longer ...
Don’t Hoard Sallah Meat, Cleric Tells Muslims, As He Slams Those Who Buy Ram For Show Off
News

Don’t Hoard Sallah Meat, Cleric Tells Muslims, As He Slams Those Who Buy Ram For Show Off

Chief Imam of Uthman Bn Affan Mosque in Ilorin, Malam Yusuf Al-Fulani, has cautioned muslims against hoarding Sallah meat, saying Islam encourages sharing of the meat with friends and family. Al-Fulani, who gave the advice during an Interview with the News Agency of Nigeria, explained that Muslims must follow all the injunctions and guidance of the religion, even on matters of Eid celebration. “Muslims are enjoined to share their Sallah rams with neighbours, visitors and indigents around them. “Those who hoard Sallah meat in their fridge and refuse to share it, are not following the injunctions of the religion,” he said. He explained that Sallah rams should be sacrificed for the sake of Allah and not for show off. “Those who buy rams for show off and not for the sake of Alla...
Passport Racketeering: Immigration officers to wear body cam – Aregbesola
News

Passport Racketeering: Immigration officers to wear body cam – Aregbesola

Minister of Interior, Rauf Aregbesola has announced that officials of the Nigeria Immigration Service will start wearing body cameras in a bid to put a check on passport racketeering in the country. Aregbesola who stated that the move was to permanently curb the complaints of difficulty in obtaining Passports from the NIS, added that it will get rid of touts in the system. Revealing that an ombudsman will also be created for members of the public to receive complaints and reports on officers trying to deviate from prescribed guidelines and subversion of the process, Aregbesola also disclosed that the cameras will detect and report any form of solicitations, inflation, improper communications, extortion, diversion, hoarding, and other corrupt practices. Timeline for collection ...
Report Banks Hoarding FOREX, CBN Tells Nigerians
Business

Report Banks Hoarding FOREX, CBN Tells Nigerians

In view of the lingering foreign exchange scarcity in the country, the Central Bank of Nigeria has urged Nigerians not to panic, saying there is enough forex for business owners, travelers and parents with students abroad to meet their obligations. CBN Governor, Godwin Emefiele, stated this on Tuesday at the 278th MPC Press Briefing in Abuja. He also said at least $80m are disbursed to banks on a weekly basis to enable Nigerians meet their forex responsibilities. He, therefore, charged Nigerians to report any bank withholding forex to a special call centre of the apex bank. The PUNCH had reported that the lingering foreign exchange scarcity in Nigeria was taking a heavy toll on foreign tuition payment, as many parents and guardians groan over difficulty in paying their children...
Department of Petroleum Resources Seals Filling Stations in Imo for Selling Above Approved Price
News

Department of Petroleum Resources Seals Filling Stations in Imo for Selling Above Approved Price

Some filling stations in Imo state have been sealed by the Department of Petroleum Resources. Zonal Controller of DPR in Imo, Roseline Wilki who spoke to newsmen as she led a team of officials on a routine monitoring exercise in Owerri, the state capital, said the filling stations were sealed for selling Premium Motor Spirit (PMS) also known as petrol above the authorised pump price. She said; “We are here to ensure that there is quality, to ensure availability of the product, and to ensure that you don’t have adulterated product and that there is no hoarding. “We are here to ensure that the operators are selling within the government approved pump price. “We will definitely sanction those that are not selling within the (government approved) pump price and for the adulter...
Ogun Deputy Speaker Arrested for Breach of Public Peace
News

Ogun Deputy Speaker Arrested for Breach of Public Peace

Deputy Speaker for the Ogun State House of Assembly, Oludare Kadiri has been arrested by the police for ''breach of public peace. '' Ogun police spokesperson, Abimbola Oyeyemi said Kadiri was arrested on charges of alleged assault during the revalidation exercise of the All Progressives Congress in the state. He was accused of leading hoodlums to the residence of the Secretary to the State Government, Tokunbo Talabi, in Oru-Ijebu, Ijebu North Local Government Area of the state where they attacked him and vandalised his House. They also vandalise the residence of a former State Legislator, Adebiyi Odugbesan. Kadiri who has allegedly accused the SSG and Adegbesan of hoarding the registration materials for the ongoing APC registration and revalidation exercise in the state, is be...
Palliatives Hoarding: No Hope For Nigeria Until Politicians Start Going To Jail – Orezi
Celebs

Palliatives Hoarding: No Hope For Nigeria Until Politicians Start Going To Jail – Orezi

Pop artiste Orezi on Sunday said Nigeria will never be great until politicians start going to jail for the alleged crimes they commit. The 34-year-old in a lenghty Instagram post said, “Nigerian leaders constantly leaves my heart broken. Bunch of wicked leaders with no human feelings whatsoever. “The only reason politicians do this and have the nerve to sleep well at night is because they are not sleeping in KIRIKIRI YET. They commit all sort of crimes against the same people who put them in power.” He added: “I repeat until our politicians start going to jail for all this broad daylight crimes with evidences staring at us in the eye, Nigeria will never be great.” Born Esegine Allen,  Orezi also said the past week has been the worst as a Nigerian. The musician has been a part ...
Hoarding Palliatives Is A Crime Against Humanity – Femi Falana
Politics

Hoarding Palliatives Is A Crime Against Humanity – Femi Falana

Human Rights Lawyer, Femi Falana (SAN), has appealed to state governors still ‘hoarding’ COVID-19 palliatives at different warehouses in the country to distribute the relief items to citizens immediately. The rights lawyer described as crime against humanity, the alleged ‘hoarding’ of the food items donated to states by the Private Sector Coalition Against Covid-19 also known as CACOVID. He made this known on Monday in an interview with Arise TV monitored by The PUNCH. Falana said, “It is almost like a crime against humanity just as some public officers have diverted money meant for providing palliatives for internally displaced persons. “I mean you ask yourself, what level of stealing is this? And so, this is why we are worried that the members of the ruling class in Niger...
Fuel scarcity: DPR blows hot, warns marketers
News

Fuel scarcity: DPR blows hot, warns marketers

The Department of Petroleum Resources, DPR, in Ondo State has warned marketers against the hoarding of Premium Motor Spirit, PMS, commonly known as petrol, as well as selling the product above the approved pump price of N145 per litre. The Controller of the monitoring agency in the state, Mr. Adewale Oseni, who stated this via a telephone interview with DAILY POST, stated that any filling station caught in such act would be sanctioned. Earlier, a visit by DAILY POST across Akure metropolis had revealed that the most filling stations were under lock and keys as they turned back prospective customers with the claim that they are out of stock, while long queues were seen around those dispensing the commodity. Mr. Oseni, who revealed that some filling station who floated that dire...
Ekiti Govt Issues Stern Warning to Petrol Dealers
News

Ekiti Govt Issues Stern Warning to Petrol Dealers

The Ekiti State Government, on Saturday warned owners and operators of filling stations in the state to desist from hoarding of petroleum products or face the consequences. The government’s warning was contained in a statement issued by the Chief Press Secretary to the Governor, Mr Olayinka Oyebode and made available to the News Agency of Nigeria (NAN) in Ado Ekiti. Oyebode said that such an act was fast creating artificial fuel scarcity in the state. He noted that hoarding of petroleum products was an act of economic sabotage, which created unnecessary hardship for the people and cripples businesses. Oyebode said that monitoring teams had been despatched to go round filling stations in the state and ensure that no filling station hoard fuel at the detriment of ...
NNPC Debunks Fuel Price Hike Rumour
News

NNPC Debunks Fuel Price Hike Rumour

The Nigerian National Petroleum Corporation (NNPC) has debunked the trending fake news of an impending review of pump prices of petroleum products, especially petrol. A statement Tuesday in Abuja by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, affirmed that contrary to the misinformation in the social media, the federal government has no plan to review prices of petroleum products either downwards or upwards. Ughamadu said since October 2017, NNPC had been the sole importer of petrol into the country as the Oil Marketing Companies (OMCs) could not import due to the Open Market Price being much higher than the N145/litre official selling price. Government, he said, has no plan to review the market prices of products either upwards or downwards now. ...
Dealer Blames Petrol Marketers For Hoarding, Profiteering
News

Dealer Blames Petrol Marketers For Hoarding, Profiteering

The South-East Zonal Supervisor, Pinnacle Oil and Gas, Mrs Amaka Okonkwo, has criticized some petroleum product marketers for hoarding and profiteering of the products, leading to the current scarcity. Okonkwo, speaking to newsmen in Enugu yesterday, condemned the act of sabotage by some marketers whom she said created the artificial scarcity that shot up pump prices of fuel to between N250 and N300 per litre in and around Enugu state. The dealer who recently took delivery of five trucks of petrol at her New Haven station, said the company was poised to help ease the artificial fuel scarcity. "It is all about greed; the Federal Government has tried its best by injecting sufficient products into the country. It is now some of the marketers that are hoarding the products and selling a...
DPR Officials Behind Fuel Hoarding, Hike In Ondo – Government
News

DPR Officials Behind Fuel Hoarding, Hike In Ondo – Government

The Ondo state Petroleum task force has accused officials of the Department of Petroleum Resources (DPR) in the state of aiding and aibeting the hike in the price of the product in Akure, the state capital and its environ. Already, apart from three petrol marketers in the state including the NNPC, other petrol stations have been freely selling the product above the official price of N145. Along the Benin /Ilesa expressway where the DPR office is located, no fewer than seven petrol stations are selling between N210 to N250. Residents of the state had decried the inactiveness of the government by allowing the hike in the price of the product to continue even during broad day light. But, the head of the state government Petroleum task force, who doubles as the Senior Special Assis...

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