NNPC Blames Fuel Scarcity on Vandals & Corrupt Oil Marke

As the nation continues to grapple with fuel scarcity,Nigerian National Petroleum Corporation (NNPC)has attempted to explain whythe situation persists.According toVanguard, Managing Director of the Pipelines and Product Marketing Company (PPMC), a subsidiary of the NNPC,Esther Nnamdi-Ogbue, stated:

>Nigeria has lost a total of 531 million litres of petrol valued at over N50 billion to pipeline vandals between January and September, 2015, at the problematic System 2B Pipeline network which stretches from the Atlas Cove in Lagos to Ilorin

>The losses, which chiefly accrued from the incessant hacking of the pipeline at the notorious Arepo to Mosimi axis of the pipeline artery, have made the task of providing seamless flow of petroleum products to retail outlets more burdensome

>Despite the challenge posed by the unavailability of the vital System 2B Pipeline network, the PPMC has continued to ensure that the country remains wet with petrol through massive truck-out from depots in Lagos, Oghara and recently Calabar

>The spirited efforts made so far by the corporation to entrench zero fuel queues across the country are being hampered by the activities of some unscrupulous marketers involved in hoarding, sharp practices and diversion of petroleum products for sale in black markets across the country.

>DSS and the EFCC to have been instructed to "take action" to salvage the situa

Comments

10 ISSUES RAISED BY SEN. BUKOLA SARAKI DURING WORLD PRESS CONFERENCE

POLICE SUE FOR SUPPORT OF PARENTS IN FIGHTING AGAINST CRIME

The Cross River State Police Command has expressed concern over the high rate of proliferation of arms and light weapons among young youths, with a call on parents to be vigilant about the activities of their wards both within and outside their immediate environment. The state Commissioner for Police, Hafiz Inuwa, made this known while speaking at the State CID in Calabar the Cross River State Capital while parading 17 young men with different kinds of arms and ammunition arrested by the police for ranging offences. He Emphasised that security is a collective responsibility and parents have a greater responsibility to this effect. Other items recovered by police included, plasma televisions, gadgets, locally made pistols, army jungle caps among other items. Some of the crimes they were arrested for included, armed robbery at the University of Calabar Staff quarters and different locations in the state, attempted kidnapping, unlawful possession of firearms and cultism...

UNILORIN PRODUCES 89 FIRST CLASS GRADUATES

Prof. AbduGaniyu Ambali, the Vice-Chancellor, University of Ilorin, said on Friday that the institution had produced a total of 89 first class graduates for the 2016/2017 academic session. The Vice-Chancellor made this disclosure in Ilorin on the occasion of a handover and valedictory press conference, which signaled the commencement of the 33rd convocation ceremonies of the university. In his address entitled: “You are great”, the VC said that the university was thriving academically, going by the quality and quantity of research works embarked upon by lecturers. He gave a breakdown of the graduating students thus: 89 First Class Division, 1,932 Second Class Upper Division and 3,727 Second Class Lower Division. The VC also said that 1,309 of them graduated with Third Class Division, 117 with ordinary pass while there were two aegrotat graduating students. While handing over to Pro...

9JATRAFFIC

Search This Blog