Connect with us

News

Fubara in hot soup as court stops CBN from releasing funds to River State over constitutional breach

Published

on

Please Kindly Share This Story

The Federal High Court sitting in Abuja, presided over by Justice Joyce Abdulmalik, has stopped the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to the government of Rivers State.

The court held that the receipt and disbursement of monthly allocations since January this year by Governor Siminalayi Fubara is a constitutional somersault and aberration that must not be allowed to continue.

Justice Abdulmalik who issued the order on Wednesday, held that the presentation of the 2024 budget by Fubara before a four-member Rivers House of Assembly was an affront to the constitutional provision.

Specifically, the Judge said that Fubara’s action in implementing the unlawful budget smacked of gross violations of the 1999 Constitution he swore to protect.

The judge, therefore, restrained CBN, Accountant General of the Federation, Zenith Bank and Access Bank from further allowing Fubara to access money due to the state from the Consolidated Revenue and Federation Account.

 

 

 

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Petrol price to drop by N50 as independent marketers load at N990/litre at Dangote

Published

on

Please Kindly Share This Story

The Independent Petroleum Marketers Association of Nigeria, IPMAN has disclosed that over 30,000 of its members are set to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery in bulk.

IPMAN also revealed that the price of petrol from the refinery was N940/litre and N990/litre when purchased using ships and trucks, respectively.

Speaking on Channels Television on Tuesday, IPMAN President, Abubakar Garima, said the pump prices of petrol at its retail outlets will drop following the agreement with the Dangote refinery to lift products directly from the plant.

On Monday, IPMAN agreed with the Dangote refinery to directly lift petrol, diesel, and other petroleum products.

This agreement follows months after the Nigerian National Petroleum Corporation suspended its plan to serve as the sole off-taker of petroleum products from the 650,000 barrels per day refinery.

The IPMAN president explained that the Dangote refinery had been obliged to allow marketers to lift PMS, AGO, and DPK directly for onward supply to their depots and retail outlets but didn’t reveal the price.

Giving an update on pricing during the interview, the IPMAN national officer said the Refinery has provided two different rates for marketers based on their preferences.

He said marketers can load at the gantry at a price of N990 per litre or N940 through vessel transportation.

Garima said, “Presently, we have been given two different arrangments on how to buy fuel from the refinery. There is the one that we can load the vessels and carry to our various depots at the rate of N940 per litre. Then for the depots, it is at the rate of N990 per litre.

“The difference is because we have to load it and carry it to another part of the state. We use vessels to carry these products and there is another one to load from the gantry.

“For Port Harcourt, Warri, Calabar, we have to use vessels because there is no Dangote loading gantry there, we have to carry it to our private depot and discharge and distribute it to our members.”

 

 

 

 

Continue Reading

News

Zulum reinstates 23 suspended health workers, deploys others

Published

on

Please Kindly Share This Story

Borno State Governor, Professor Babagana Umara Zulum, has approved the reinstatement of 23 health workers previously suspended for absence from their duty posts at Gwoza General Hospital.

This decision was announced during the Governor’s inspection of the hospital’s newly renovated maternity and child center, as well as other ongoing projects.

Dauda Iliya, Spokesperson and Special Adviser to the Governor on Media, in a statement Tuesday, said the health workers had initially been suspended after Zulum’s earlier visit, where he found them absent from their duties.

Addressing the staff, Governor Zulum emphasized the importance of dedication to work and assured them of improved working conditions and other incentives.

“Complaints were made about the 23 medical workers who were absent during my last visit,” he noted. “No one is perfect, so the government has pardoned them, although no arrears will be paid.”

In response to a staff shortage raised by the Principal Medical Officer of Gwoza General Hospital, Dr Nuhu Nasiru Wakawa, Governor Zulum directed the immediate deployment of four additional doctors and ten nurses to the facility.

He further announced that Gwoza General Hospital will be upgraded to support training for nursing students from the new school of nursing under construction.

“The Commissioner of Health, together with the Chief Medical Director of the Hospitals Management Board, will work on this deployment,” Zulum added. “We will also recruit community health workers from Gwoza to strengthen local healthcare services.”

In addition to his healthcare initiatives, Governor Zulum inspected the crusher plant base under construction in Pulka, which will produce up to 300 tonnes of stones per hour.

He said the completion of the crushing and asphalt plants is expected to facilitate new road networks across Borno State.

The Governor also visited other development sites, including the 500-unit mass housing project in Wala B, Gwoza Local Government Area, and a proposed site for a high Islamic school in Bama, underscoring his administration’s commitment to infrastructure and educational advancement.

 

Continue Reading

News

Dangote to begin direct supply of petroleum products to marketers

Published

on

Please Kindly Share This Story

Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to lift products directly.

IPMAN’s National President, Abubakar Garima, announced this at an ongoing press briefing on Monday in Abuja, following a meeting of the National Working Committee of the Association.

He said the partnership would ensure a steady, affordable supply of PMS products nationwide.

“After meeting with Aliko Dangote and his management team in Lagos, we are pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK directly for distribution to our depots and retail outlets.”

Garima urged IPMAN members to support Dangote Refinery, citing the benefits of backward integration and its positive impact on Nigeria’s foreign exchange market.

“IPMAN members should rely on Dangote Refinery and Nigerian refineries for white products, creating more job opportunities and supporting President Bola Tinubu’s renewed hope agenda.”

The latest development concludes several months of negotiations between both parties and is expected to increase efficiency, affordability, and economic growth.

The Dangote Refinery, the largest in Africa and Europe, has already commenced the production of petrol, diesel, and aviation fuel, with plans to supply products to over 30,000 IPMAN members and 150,000 retail outlets nationwide.

 

 

 

 

Continue Reading

Trending