AGAIN, GOV DIRI TASKS TRADITIONAL RULERS TO MAINTAIN PEACE, SECURITY AT KING AWALA'S CORONATION . (PHOTOS). #PRESS RELEASE

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 Again, Gov Diri Tasks Traditional Rulers To Maintain Peace, Security At King Awala's Coronation  Bayelsa State Governor, Senator Douye Diri, has again urged traditional rulers to remain focused on the maintenance of peace, security and stability in their various domains as part of their contribution towards the development of the state. Governor Diri made the call at the weekend during the coronation ceremony ofHis Royal Majesty King Victor Awala, Ebeni-Ibe the Eighth (VIII) of Atissa Kingdom in the Yenagoa Local Government Area of Bayelsa State, at the Bishop Dimieari Grammar School, Yenagoa, the state capital. Represented by his deputy, Dr Peter Akpe, the Bayelsa Chief Executive acknowledged the critical role traditional rulers play in society as the custodians of culture and tradition, stressing that his administration will continue to hold them in high esteem. Expressing gratitude to the Chiefs and people of Epie-Atissa for their peaceful disposition, Governor Diri, noted...
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PETROAN WARNS OF FUEL, GOODS PRICE HIKES AMID NIGERIA’S FOREIGN IMPORT BAN. (PHOTO).

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 PETROAN Warns of Fuel, Goods Price Hikes Amid Nigeria’s Foreign Import Ban


The Petroleum Products Retail Owners Association of Nigeria (PETROAN) has cautioned President Bola Ahmed Tinubu against the hasty implementation of the newly announced Nigeria First Policy, which includes a ban on foreign goods imports. The association warns that the policy could trigger significant price increases for fuel and other essential goods.


In a statement issued Tuesday, PETROAN’s National President, Gillis-Harry, expressed concerns about the policy’s potential to disrupt the supply of premium motor spirit (petrol) and other imported products. The Nigeria First Policy, unveiled by President Tinubu on Monday following a Federal Executive Council meeting, aims to bolster the nation’s economy by prioritizing local production.


While commending the initiative, Gillis-Harry urged the government to tread carefully to avoid unintended consequences, particularly in the petroleum sector, where local refining capacity remains underdeveloped. He recommended a gradual phase-out of imports for critical goods like petroleum products, pharmaceuticals, and other high-demand consumables to prevent shortages and price surges.


PETROAN highlighted two major risks: potential shortages due to insufficient local production and price hikes driven by supply-demand imbalances. “Our primary concern is the availability and affordability of petroleum products,” Gillis-Harry stated, noting Nigeria’s daily consumption exceeds 46 million liters of petrol and other fuels. “Policies must not jeopardize energy security, which could severely impact the economy and Nigerians’ well-being.”

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