PRESS STATEMENT
EX-PRESIDENT BUHARI EXPRESSES SADNESS AFTER 70 DIE IN FUEL TANKER EXPLOSION
Former President Muhammadu Buhari has expressed his heartfelt condolences on the loss of lives in a fire following another petroleum tanker accident that occurred on Saturday at Dikko Junction on the Abuja-Kaduna highway, in Gurara Local Government Area of Niger State.
He expressed disappointment that the practice of scooping up fuel is becoming more common in spite of warnings from the authorities, and the devastating losses of life that had characteristically attended such incidents.
In condoling with the government and the people of Niger State, the former President wished speedy recovery to the injured.
Signed.
Garba Shehu
19 January 2025
Please know that as the revenue will be calculated based on where product is consumed/ produced the data will be a bit skewed. But it’s very clear that most states will suffer due to this bill. Lagos almost triples its allocations.
1. What every state contributes
2. Simplified to top 3 states, bottom 3 states, my state kano number 7, and all the rest combined.
3. The data
4. Simplified data
I have gone through the bill and the major problem I see is the 20% derivation changing to 60%. I’ll explain using diagrams I’ve created and go into details after. But yes, the bill is bad for every state except the top 5 states. And great for lagos and rivers (numbers at end)
“You have been an absolute failure as Works Minister. I wonder what appraisal was used to retain you. Do not ever complain about resources again. Don’t make me get mad at you.”
~ Reps Member blasts Minister of works David Umahi
BREAKING: Aliko Dangote has officially announced the commencement of petrol production at the Dangote Refinery. He expressed his gratitude to President Tinubu for permitting the sale of crude oil in Naira. He presented the first sample of the petrol to press.
PRESS RELEASE
NNPC Ltd Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability
NNPC Ltd. has acknowledged recent reports in national newspapers regarding the company's significant debt to petrol suppliers. This financial strain has placed considerable pressure on the Company and poses a threat to the sustainability of fuel supply.
In line with the Petroleum Industry Act (PIA), NNPC Ltd. remains dedicated to its role as the supplier of last resort, ensuring national energy security. We are actively collaborating with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products nationwide.
Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
1st September, 2024
The glaring double standards in Nigeria's anti-corruption fight raise serious questions about the integrity of the system. Why is Ganduje seemingly above the law while others face relentless persecution? #IsGandujeabovethelaw