UPDATE ON POLICE-LED JOINT SECURITY PATROL OPERATION THAT LED TO THE NEUTRALISATION OF FOUR SUSPECTED ARMED GANG MEMBERS AND RECOVERY OF GPMG, AK-47 RIFLES, IEDs, AND OTHER EXHIBITS IN ANAMBRA. (PHOTO). #PRESS RELEASE.

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  UPDATE ON POLICE-LED JOINT SECURITY PATROL OPERATION THAT LED TO THE NEUTRALISATION OF FOUR SUSPECTED ARMED GANG MEMBERS AND RECOVERY OF GPMG, AK-47 RIFLES, IEDs, AND OTHER EXHIBITS IN ANAMBRA _*As the Command identifies and debriefs the owner of the recovered vehicle to gather further insights and strengthen operational strategies in the area*_ _*Commends the courage and professionalism of the Joint Security Team and notes that no single security agency can take sole credit for sustaining safety and security in the State*_ The Anambra State Police Command provides further updates on the successful Police-led Joint Security Patrol operation coordinated by the Commander, Forward Operating Base (FOB) Aguata, Chief Superintendent of Police (CSP) Austin Eligwe, which resulted in the neutralisation of four suspected armed secessionist gang members and the recovery of a cache of weapons and ammunition along the Ogboji–Ajalli Road, Orumba South Local Government Area. Following the opera...
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NAIRA-FOR-CRUDE POLICY WILL BRING DOWN PETROL PRICES — PETROAN. (PHOTO).

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 Naira-For-Crude policy will bring down petrol prices — PETROAN

 

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has expressed strong support for the Federal Executive Council’s recent approval of the continuation of the Naira-for-Crude policy — a move the association believes could mark a turning point in the country’s energy sector.


Speaking to newsmen in Abuja, PETROAN’s National Public Relations Officer, Joseph Obele, said the association is optimistic that the policy, combined with the recent drop in global crude oil prices, will lead to more affordable fuel prices for Nigerian consumers. We want to sincerely commend the Federal Executive Council for its decision to fully implement the Naira-for-Crude policy,” Obele said.


“This is a strategic move aimed at reducing our dependence on foreign exchange, enhancing local refining capacity, and ultimately stabilizing the downstream sector.” The Naira-for-Crude policy involves the sale of crude oil to domestic refineries — such as the Dangote Refinery and others — in Naira instead of U.S. dollars.


According to PETROAN, this change will not only ease pressure on the foreign exchange market but also encourage investment in the country’s refining infrastructure and improve Nigeria’s overall energy security.


Obele praised President Bola Tinubu and other key stakeholders — including the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; the Chief Executive of NMDPRA, Engr. Farouk Ahmed; and the CEO of NUPRC, Gbenga Komolafe — for their leadership and commitment to reforms that prioritize the needs of Nigerian consumers.

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