PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...

NO JUSTIFICATION FOR FUEL SCARCITY,PRICE HIKE- PENGASSAN. (PHOTO).


No justification for fuel scarcity, price hike — PENGASSAN

31 January 2023 

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that there is no justification to the current fuel scarcity and the hike in the price of Premium Motor Spirit, PMS.

It called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), to revoke licenses of any marketers found to be selling petrol above the approved price.

A statement signed by PENGASSAN’s President, Comrade Lumumba Okugbawa, and General Secretary, Comrade Festus Osifo, on Monday in Abuja, insisted there was no justification for the current petrol scarcity hike in price as being witnessed nationwide.

While noting that there was enough petrol to last Nigerians for the next 30 days and more, the union accused some marketers of creating artificial scarcity of petrol, with the aim of having the product sell at a higher price.

The statement partly reads: “PENGASSAN empathizes with Nigerians on the hardship currently faced with the scarcity and drastic hike in the price of PMS.

“While we understand that the parameters imputed into the old PPPRA and now NMDPRA template have since changed because of some economic vagaries such as exchange rate fluctuation, vessel hiring cost and cost of AGO amongst others, there is no sufficient justification for PMS (Petrol) to be selling for a such highly inflated price, thereby subjecting the masses to further difficulties.”

 

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