NNPC Explains The Reason Behind The Fuel Scarcity

In a statement to the Senate Committee on Petroleum Downstream in Abuja, the Nigerian National Petroleum Company (NNPC)explained that the reason for the fuel scarcity was due to activities from vandals and corrupt oil marketers.Mrs. Esther Nnamdi-Ogbue, Managing Director of the Pipelines and Product Marketing Company, PPMC, a subsidiary of the NNPC stated that 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 System 2B Pipeline network which covers from the Atlas Cove in Lagos to Ilorin.Nnamdi-Ogbue said that the continuous vandalization of pipelineat the Arepo to Mosimi axis of the pipeline artery, have made the supply of petroleum products to retail outlets difficult.She said PPMC is doing everything they can to make sure they supply truck-out from depots in Lagos, Oghara and recently Calabar.She, however, noted that the effortsto supply enough fuel across the country are being hampered by the activities of some unscrupulous marketers involved in hoarding and diverting of petroleum products for sale in black markets across the country.She said, "We view this as a distortion to the economy and we have invited the DSS and the EFCC totake action."The Senate has given the NNPC a two-week ultimatum to end the fuel scarcity.

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EMIR OF KASTINA TELLS PRESIDENT BUHARI TO SIGN PEACE CORPS BILL

The Emir of Katsina, Abdulmumini Usman, has declared support for the Peace Corps bill passed by the National Assembly. The bill, which seeks to turn the Peace Corps, a non-government organisation, into a government paramilitary agency, has elicited mixed reactions from Nigerians. Proponents see it as an avenue to create jobs for thousands of youth while critics describe as a duplication of functions already being performed by existing agencies and creation of another bureaucracy at a time the country is finding it difficult to pay workers' salaries. The bill was opposed by existing military and security institutions in Nigeria and the Peace Corps leader Dickson Akoh is currently being prosecuted for alleged fraud. Apart from lawmakers, the bill is also supported by some prominent Nigerians including the Minister of Sports, Solomon Dalung, who also asked Mr. Buhari to sign to it. The News Agency of Nigeria reports that the Katsina emir made a similar call on the president on Thursda...

AKEREDOLU, KEKEMEKE AND OTHERS BID MRS FAGUNWA GOODBYE

Read President Buhari’s Christmas Message To Nigerians

I felicitate with all Nigerians, especially our Christian brothers and sisters, on the joyous occasion of this year's Christmas.On this occasion of the commemoration of the birth of Jesus Christ, let us all rededicate ourselves to the virtues of peace, love, honesty, justice, equity, piety, humility and service to others which he taught.There can be no doubt that a greater manifestation of these virtues and ideals in our lives will immensely help us to become a more united, peaceful, secure and progressive nation.Let us also reach out in love and compassion to fellow Nigerians who are in distress at this periodof our nation's history.I particularly urge you all to remember victims of terrorism and insurgency in the country, especially Internally Displaced Persons (IDPs).The Federal Government will continue to collaborate with state governments and other stakeholders to ease the harsh conditions in IDP camps, while the ultimate objective remains to quickly put an end to insurgen...

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