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Atiku knocks Tinubu over subsidy, refineries’ delay
Former Vice President Atiku Abubakar has once again criticized President Bola Tinubu regarding the ongoing payment of subsidies on Premium Motor Spirit (PMS) and the conflicting statements surrounding it.
This criticism follows the President’s approval for the Nigerian National Petroleum Company Limited (NNPCL) to use the 2023 dividends intended for the federation to subsidize petrol.
In a post on his Verified Facebook page, Atiku expressed concern about this new development, labeling it as another example of opaque governance under the current administration.
He highlighted that this decision contradicts the President’s earlier announcement, made in a national broadcast, which declared an end to subsidy payments.
Atiku, who was the Peoples Democratic Party (PDP) presidential candidate in the 2023 election, accused Tinubu’s government of using less transparent methods to pay subsidies.
“This discrepancy between the President’s statements and his actions not only undermines his leadership’s moral authority but also severely damages his administration’s credibility,” Atiku remarked.
Atiku also criticized the delays in the reactivation of the Port Harcourt Refinery, describing it as a national disgrace and attributing the failure to President Tinubu, who is also the Minister of Petroleum Resources.
Moreover, Atiku noted that the NNPC Limited’s persistent denials have exacerbated the problems faced by Nigerians due to fuel shortages and rising prices.
He expressed concern about the President’s silence in the face of reports that NNPCL is redirecting funds to cover subsidy payments and urged President Tinubu to address these critical issues to alleviate fuel scarcity and inflation for Nigerians.
Dangote Refinery has announced that it will need to export 95-97 percent of its Premium Motor Spirit (petrol) due to low interest from Nigerian marketers. The refinery, which processes 650,000 barrels per day, revealed that only 3 to 5 percent of petrol marketers are purchasing its fuel.
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, shared these details during an X Space session hosted by Nairametrics on Wednesday. He highlighted the challenges facing both the Dangote Refinery and Nigeria’s oil and gas sector.
Edwin explained, “I’m selling 2 to 3 percent to small traders who are willing to buy, while the remaining 95 to 97 percent has to be exported,” referring to the local sales of the refinery’s products.
This situation arises as the NNPCL’s deadline for adjusting the Dangote Refinery’s fuel distribution approaches without a clear plan in sight. It is worth noting that while Aliko Dangote, President of Dangote Group, has announced the refinery’s initial petrol rollout, its distribution to marketers is contingent upon NNPCL’s decisions.
The final sixteen teams for the 2024 FIFA U-20 Women’s World Cup in Colombia have been determined following the conclusion of the group stage.
In recent matches, Ghana triumphed over New Zealand with a score of 3-1, and Japan secured a 2-0 victory against Austria.
As a result, Japan has advanced to the Round of 16, joining the other 15 teams in this knockout stage.
The Round of 16 matches are scheduled for Wednesday, Thursday, and Friday.
The full lineup for the Round of 16 is as follows:
- Spain vs Canada
- Brazil vs Cameroon
- Colombia vs South Korea
- Mexico vs USA
- North Korea vs Austria
- Germany vs Argentina
- Netherlands vs France
- Japan vs Nigeria
The Nigerian Army has refuted claims of widespread resignations among its soldiers due to issues like corruption and low morale.
In a statement, Major General Onyema Nwachukwu, Director of Army Public Relations, dismissed these reports as unfounded.
A news outlet had alleged that numerous Nigerian soldiers were resigning because of corruption and low morale. However, the statement condemned these allegations as misleading and a deliberate attempt to create discontent and undermine the Nigerian Army’s reputation and the dedication of its personnel.
Major General Nwachukwu clarified that, similar to other military organizations worldwide, service in the Nigerian Army is voluntary rather than mandatory. This means that personnel have the freedom to resign following established procedures.
He explained that the resignation process allows personnel to prepare and manage their entitlements, including pensions and gratuities, as outlined in the Harmonized Terms and Conditions of Service (Officers/Soldiers).
Contrary to the report’s implications, the statement emphasized that Nigerian Army personnel are highly motivated, and their welfare is a priority under the leadership of Chief of Army Staff, Lieutenant General Taoreed Lagbaja.
We’ll be forced to export 97% of our petrol – Dangote Refinery warns
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