RE: MISLEADING CLAIMS REGARDING EXTORTION OF MOTORISTS BY LAGOS STATE TASKFORCE – YET-TO-BE-IDENTIFIED SECURITY OPERATIVES: ANOTHER CASE OF MISTAKEN IDENTITY. (PHOTO). #PRESS RELEASE.

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 RE: MISLEADING CLAIMS REGARDING EXTORTION OF MOTORISTS BY LAGOS STATE TASKFORCE – YET-TO-BE-IDENTIFIED SECURITY OPERATIVES: ANOTHER CASE OF MISTAKEN IDENTITY The Lagos State Taskforce wishes to address a misleading narrative circulating on social media, particularly in a viral video shared by protesters and concerned groups who recently demonstrated at the Lagos State House of Assembly. The protest was in response to the alleged extortion of motorists by security operatives, yet to be identified, who are not officials of the Lagos State Environmental and Special Offences Unit. We categorically state that the Lagos State Taskforce had no involvement in the said incident. Our enforcement teams are led by seasoned, well-trained, and highly disciplined senior officers who are far too professional and educated to jeopardise their ranks, integrity, and years of service for personal gain. For clarity, our agency does not operate on BRT corridors, nor were any of our personnel deployed to...
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DOLLAR: GET SET ANOTHER FUEL PUMP PRICE HIKE- MARKETERS. (PHOTO).

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Dollar: Get Set Another Fuel Pump Price Hike - Marketers 

The Independent Petroleum Marketers Association of Nigeria said the price of Premium Motor Spirit, popularly known as fuel would continue to increase as long as the US Dollar rose in the foreign exchange market.

Chinedu Okoronkwo, the National President of IPMAN, disclosed this to DAILY POST exclusively while reacting to speculation of further fuel pump hikes.

The IPMAN’s boss noted that fuel price will keep soaring if the dollar keeps rising in the forex market.

He said: “Nigerians should understand that with fuel subsidy removal, the government is no longer determining pump prices but the market forces. The product is bought in dollars. The dollar is around 890/$1 now. As the dollar climbs, fuel pump prices will continue to go up.

As a solution, he urged the government to double up efforts to make Compressed Natural Gas available for Nigerians.



 

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