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No Plan To Increase Petrol Price To N700 Per Litre – IPMAN

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Senator Withdraws Support For Tinubu Over Choice Of Muslim Running Mate
President Bola Tinubu

Contrary to a speculation in the public, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has no plan to increase the pump price of Premium Motor Spirit (PMS), also known as petrol, to N700 per litre nationwide.

This position was stated by the Chairman of IPMAN South-west Zone, Dele Tajudeen, in an interview with the News Agency of Nigeria (NAN) in Ibadan on Friday.

The chairman, therefore, urged Nigerians to disregard the speculations and not engage in panic buying.

According to Tajudeen, the product’s price would be less than what is being sold currently.

He commended President Bola Tinubu for removing the subsidy on petrol, adding that it was long overdue.

“Even in the PIA bill, it has been clearly stated that the subsidy must be removed.

”So, I want to commend him for removing the subsidy and I want to say that we are in support totally. This is because the subsidy was a scam.”

He said the ‘slight’ increase in pump price was because of the transportation cost and that Nigerians should be at rest as the commodity would not be out of reach for the masses.

“I want to disabuse the mind of the people that they should not panic about it, there is no cause for alarm, we are in control, and there is nothing like that.

“So, people should rest assured that there is no way they can buy petrol more than the price it is being sold now.

“If we look at the price from NNPC retail limited, which is an integral part of NNPC limited, they have more advantages than independent marketers and major marketers.

”So, it was the retail price that they announced they had never given a specific price to the independent marketers.

“However, I have read what somebody put into the paper; it is just speculation and not a reality. Nothing like that. I want to assure the masses.

“There is no how the price can go to N700 as we speak because even if the FX is N700 or N800, that has not nothing to take the price of petroleum from N500 to N700,” Tajudeen said.

He noted that the product had been deregulated. Hence, the price differential was due to transportation as it is related to location.

”If you are moving products within Lagos, the price may not be more than N300,000, but if you are moving up to Ibadan or thereabout, it could be as much as N500,000.

”And if you are going to Ilorin, it could be as high as N700,000, that would account for the differential in prices.

“I want to say with all sense of authority that as of today, within Lagos metropolis, nobody should sell more than N515 to N520 per litre.

”Though NNPC has given us the price but the reality of it is that what we buy from the market; because NNPC limited is not the only source for our product; we get from private depots.

“So, whatever we buy is what we put our own margin and sell.

”But as of today, the highest you can get anywhere should be around N550; Lagos N510 per litre; Ogun State between N500 and N520,” Tajudeen said.

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Don’t Say I Didn’t Tell You – Adeboye In New Revelation

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Pastor Adeboye Reveals Secret About Presidential Candidates

By John Michael Ojo

Pastor Enoch Adejare Adeboye on Sunday appealed to farmers to avoid bush-burning as they prepare for the planting season.

The General Overseer of the Redeemed Christian Church of God, RCCG, made the call during the church’s February thanksgiving service held at the Throne of Grace Parish, Ebute-Metta, Lagos.

Adeboye who asked the church and the nation to pray against potential disasters, such as storms and floods, said: “I must share something very urgent.

READ ALSO: Pastor Adeboye Reveals How He Was Defrauded

“At the beginning of this year, one of the prophecies was to pray against fire outbreaks, storms, and floods.

“We’ve only spent one month, and we’ve already seen the rate of fire incidents across the world. Nigeria is part of the world, and we must be prayerful.”

To the farmers who are preparing their lands for the farming season, Adeboye said, “Don’t joke with any form of naked fire around you.”

“And farmers, please don’t burn bushes while preparing your farms.

“Don’t say I didn’t tell you. May the Almighty God answer our prayers and grant our requests.”

 

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BREAKING: UK Prison Frees Ekweremadu’s Wife

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Mrs Beatrice Ekweremadu

Reprieve has come for the wife of a former Deputy Senate President, Senator Ike Ekweremadu as she has been freed from the United Kingdom’s prison.

It was learnt that Mrs Beatrice Ekweremadu who was sentenced to five years in UK prison, returned to the country on Tuesday.

READ ALSO: Relief As Court Vacates Order For Interim Forfeiture Of Ekweremadu’s Properties

Mrs Ekweremadu and her husband were jailed in the United Kingdom after being found guilty in a case of human trafficking in an attempt to harvest an organ of the victim to treat their sick daughter.

 

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Olaopa Seeks Support For Education At Fundraising For Olivet Baptist High School

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Prof. Tunji Olaopa

The Chairman of the Federal Civil Service Commission, Prof. Tunji Olaopa, has urged support for education as government alone cannot meet the challenges of the sector.

Olaopa made the appeal in Abuja on Thursday in an address as the Chairman of the 80th Fundraising Dinner for the Olivet Baptist High School, Oyo.

While noting that the school was in need of support for development, he acknowledged that the entire educational sector in the country was faced with the same fate.

He said: “To have been established in 1945 and to still retain some measure of its old glory, given what the lamentable fate of public schools in Nigeria, is no mean feat. In another breath, that the generations of we old students, that are here today, are alive to witness this momentous celebration of a school that has so greatly impacted our formative years and all we have become in life calls for reflection. A reflection on the clear fact that if Olivet had impacted us so profoundly, is it not evident that the school now needs us to give back to it, in measure that will impact at this its trying time, in a manner of speaking? And Olivet is not alone in this challenged state, as restoring the glory of the old famous schools nationwide including the more recent, the Unity Schools of FG Colleges and states’ model schools is now the concern of all stakeholders and policy makers. ”

According to Olaopa, public schools and indeed public education institutions are not just challenged, “they are failing on every education achievement parameter: content/curriculum and pedagogy; infrastructure/technology for learning and for school administration; funding and sustainability; quality assurance; teacher professionalism and teacher education; certification, relevance and employability. Indeed, a huge chunk of teachers in these schools are provided and sustained by PTAs, and government is making effort to formalise the recruitment of those who are qualified by government standard within the limit of availability.

” It is unhelpful to therefore keep heaping blame on governments. What the times and tides require is for all hands to be on deck, even as the need for policy innovation and creativity on the side of government cannot be overemphasized.”

While commending the Dr. Wale Okediran-led leadership for mobilizing the different sets and chapters to rise up to the task of lifting Olivet to greater heights, he urged those present at the event including guests, well-wishers and old students to donate gtenerously to the 80th anniversary fundraising.

” I can assure you that every kobo contributed will be justifiably and accountably utilised towards restoring the glory of OBHS, Oyo”, he added.

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