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Good news? See the reason why fuel price may be reduced to N70 per litre

fuel-scarcity

A lawmaker of the green chamber is pursuing a strong call for the reduction in the price of fuel to ameliorate the current hardship in the country.

The House of Representatives on Tuesday urged the Petroleum Products Prices Regulatory Agency (PPPRA) to review the current price template for Premium Motor Spirit (PMS) with a view to reducing the price to N70, Vanguard reports.

This followed the adoption of a motion sponsored by Rep. Abubakar Fulata titled “Urgent Need to Review the Petroleum Price Template”.

Moving the motion, Fulata expressed dismay over the circulating rumour of a possible hike in the price of petrol in the country. Although the rumour was denied by the Federal Ministry of Petroleum Resources, Fulata said it was coming at a time when the nation is going through difficult times.

According to him, the hard times are occasioned by dwindling revenues, high inflation rate, unemployment and general fall in the standard of living of many Nigerians. The lawmaker noted that the current template for the price of PMS could be reviewed downwards without affecting the profit margin of marketers and transporters.

The review would also contribute to reducing the current inflationary trend in the economy.

“Storage charges N2.00, retailers margin N6.00, transport allowance N3.36, dealers margin N2.36, bridging fund N6.20 and marine transport average put at N0.15 bringing the total cost to N137.81,” he said.

He further informed the House that the landing cost of PMS remained at N119.74, while the distribution cost and margins of marketers stood at N18.37.

“Thus, the total of both the landing and distribution costs is N138.11, while marketers are allowed to sell the product within the range of N140 and N145 per litre. Fulata further noted that over 90 percent of the current price of PMS in the country is accounted for by transport related charges at N124.34 out of N138.11.”

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Super Falcons striker, Asisat Oshoala, comes to Falz defence with regards to statement about glorifying fraudsters

Asisat Oshoala

Nigerian professional footballer, Asisat Oshoala, who plays as a forward in the Chinese Women’s Super league for Dalian Quanjian F.C., took to her Instagram to express deep concern about how people are now proud to be fraudsters.

 

 

In Falz’ defense, she insisted fraudsters shouldn’t be glorified.

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Police reacts to report of its officers collecting bribe with POS

The Nigeria Police Force (NPF) on Wednesday, June 21, reacted to a viral video of an officer caught on camera using Point of Sale (POS) machine to collect bribe.

Many Nigerians had expressed dismay at the attitude of the officer, which they said represented the level of corruption in the Nigeria Police Force.

We gathered that Abayomi Shogunle, the Assistant Commissioner Of Police, Public Complaint Rapid Response Unit in a statement released on its Facebook page said the force once used handheld machines to verify vehicle registration details.

Police officer using handheld device to check registration details of a vehicle

Shogunle also asked anyone who at any time paid a bribe to a police officer using a POS to come forward with proof.

It was reported earlier that the incident reportedly took place on Tuesday, June 20, at Olowora Street, in Mafoluku area of Oshodi.

The Lagos state Police Command also dismissed the video footage making the rounds on social media about one of its officers using a Point-of-Sale machine popularly known as POS to extort a commercial motorcyclist.

PPRO ASP Olarinde Famous- Cole, the motorcycle rider, and policemen Involved

The Command’s Public Relations Officer, ASP Olarinde Famous-Cole, on Wednesday, June 21, said it was necessary to address the situation so as to clarify the account of how the incident in question was reported on various social media platforms.

He disclosed that the video, which drew the attention of well-meaning Nigerians, saw a police officer, attached to the Makinde Police Division, allegedly using a POS to extort a motorcyclist and his passenger on Olowora Street, Mafoluku in Oshodi area on June 20, 2017.

Famous-Cole in a statement said, “The Lagos state police command would like to inform the general public that none of its personnel is in use of a POS machine in any part of the state.”

“The command would also like to state that the officer in the video is being investigated and the commercial bike rider has given a factual account of the event that happened to justify the actions of the police officer.”

“The officer and his team on that fateful day accosted a commercial bike rider and passenger who had a bag on him. The passenger upon inquiry from the police officer about the contents of his bag brought out a POS machine and other documents.

“When asked why he was in possession of a POS, the passenger said his customers usually paid for their utility bills with the POS machine. The passenger was then asked to produce a form of identification which he did and was asked to go by the policeman that accosted him. Famous Cole Added

The PPRO, however, urged members of the public to verify information and its sources before use on social media to avoid misconceptions emanating from false information.

In a previous report,  two traffic wardens, Musa Muktar with force number 394120 GDI and Shuaibu Suleman with number 10627 were sacked for alleged extortion.

The announcement was made by ACP Abayomi Shogunle, the assistant commissioner of police in charge of the Public Complaint Rapid Response Unit (PCRRU), in Abuja on June 20, 2017.

The statement showed that the sacked officers were attached to the Wuse Police Division in the Federal Capital Territory Command.

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“Even dead people signed my recall petition” – Dino Melaye alleges as he sues INEC

Dino Melaye

The Senator representing Kogi West in the house of assembly, Dino Melaye has dragged the Independent National Electoral Commission (INEC) before the Abuja Division of the Federal High Court, seeking an order stopping the ongoing process by his constituents to recall him.

The Embattled Senator revealed this on Twitter Friday evening, while also sharing a photo of a copy of the court paper.

Dino Melaye

He alleged that the recall letter collated and sent to INEC on Thursday were being signed by fictitious, dead and none existing persons in his senatorial district.

Dino Melaye

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