NNPC Admit Debt Owed To Oil Traders Responsible For Fuel Scarcity– NNPC Confesses

The Nigerian National Petroleum Company (NNPC) Limited this Sunday evening, September 1, 2024, admitted owing suppliers and that this is responsible for the lingering fuel scarcity in the country. It also warned that supply cannot be sustained in the present circumstances.

NNPC Ltd said in a statement entitled, “NNPC Ltd Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability”, signed by its Chief Corporate Communications Officer, Olufemi Soneye:

“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.”

#EndSARS Panel Report: Hold Governor Sanwo-Olu Responsible If Anything Happens To Me – Ebun-Olu Adegboruwa Cries Out

 

Lagos state governor, Babajide Sanwo-olu and his Government have been accused by Ebun-Olu Adegboruwa of allerge threat to life

Since the submission of the report of the Lagos #EndSARS Panel, there have been lots of threats and attacks, by those suspected to be agents of the government, upon me, especially in the media.

I have not committed any crime beyond joining other eminent Nigerians with unblemished integrity, to accept the nomination of government on behalf of my constituency, the Nigerian Bar Association and the civil society and the indeed the masses of our people, for a national assignment.

Two prominent lawyers of the government have openly incited opinions against me on national television, with mindless accusations.

I have however refused to be intimidated or bend to the tactics of government to be silenced.

I urge the good people of Nigeria, my professional colleagues in the Nigerian Bar Association, my comrades in the civil rights movement and the people of Nigeria, to hold government responsible should anything happen to me.

Just last night, one of the prominent EndSARS protesters who testified before the Panel, Miss Kamsiyochukwu Ibe, was attacked and dealt serous machete blows, in what was clearly an attempted murder, as reported by her counsel, with very disturbing photos.

I heeded the clarion call to serve by the government with the honest believe that the Panel was meant to say the truth and nothing but the truth, which is what we have done. It is left for government and Nigerians to do the needful with the report of the Panel.

Past Government Are Responsible For Present Insecurity In Nigeria – Governor Umahi says

The Ebonyi State Governor, Dave Umahi, has said that the failure of past Nigerian leaders to address the future of young people is responsible for the present insecurity in the country.