PASCAL DOZIE, FOUNDER OF DIAMOND BANK, PASSES AWAY AT 85.(PHOTO).

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 Pascal Dozie, Founder of Diamond Bank, Passes Away at 85 We mourn the loss of Pascal Dozie, a visionary entrepreneur and pioneer in Nigeria’s banking sector. He founded the now-defunct Diamond Bank Plc, which later merged with Access Bank, and also served as the former chairman of MTN Nigeria. Dozie was the bank’s founding chairman and later handed over leadership to his son, Uzoma Dozie. His legacy continues to inspire a new generation of leaders and innovators. He was born in Egbu, Owerri, Imo State, Nigeria. May his soul rest in peace.
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OGUN GOVT REJECTS IPMAN'S CLAIMS OF HARASSMENT BY FUEL FRAUD TASK FORCE. (PHOTO).

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 Ogun Government Rejects IPMAN's Claims of Harassment by Fuel Fraud Task Force


The Ogun State Government has denied allegations of harassment and intimidation made by the Independent Petroleum Marketers Association of Nigeria (IPMAN) against the state’s newly established petroleum industry task force. The task force was set up to address issues like fuel meter tampering and other malpractices within the sector. 


State Commissioner for Transportation, Olugbenga Dairo, responded to IPMAN’s accusations, clarifying that the task force's aim is to regulate and promote fair practices, particularly in light of growing public concerns over fuel pricing and transportation costs. 


Dairo revealed that the task force had uncovered significant irregularities at several filling stations, such as discrepancies in fuel dispenser readings leading to financial losses for consumers. Examples included shortages of up to 1 litre per 10 litres of fuel at various stations.


He urged IPMAN members to collaborate with the government to ensure fair pricing and protect consumers while maintaining operational integrity. Dairo emphasized that the task force's actions were in line with the state's duty to regulate the market and protect public interests, despite IPMAN's claim that it violated provisions of the Petroleum Industry Act (PIA).


The commissioner also warned against drastic measures like withdrawing fuel supplies, which he said would harm both businesses and residents who rely on fuel for daily activities. He reiterated the state's commitment to combating fuel pump manipulation and unjustified price hikes, encouraging dialogue between the government and IPMAN to find a balanced solution.

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