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September 6, 2024 Gunmen Abduct Babcock University Staff Member in Ogun
IFMNEWS

Gunmen Abduct Babcock University Staff Member in Ogun

On Thursday, unknown gunmen abducted Mrs. Elizabeth Uruakpa, a 66-year-old assistant chief nursing officer at Babcock University Teaching Hospital, Ilisan Remo. Uruakpa was reportedly returning from an evening church service when the gunmen, who had been lying in wait, attacked her near her home by the new Ilisan market.

Witnesses said the gunmen dragged her from her vehicle and forced her into their red Toyota before speeding off, causing panic in the neighborhood as residents quickly locked their doors.

A local resident, speaking anonymously, confirmed that Uruakpa is a senior nurse at the hospital and a member of Winners' Chapel. He described the abduction as shocking and unprecedented in the area.

Dr. Joshua Suleiman, Babcock University's Director of Communication and Marketing, acknowledged the incident but said more details were being gathered. Attempts to reach the Ogun State Police spokesperson, Omolola Odutola, were unsuccessful, as calls and messages went unanswered at the time of reporting.

September 6, 2024 NIN Mandatory to Purchase 50kg Bag of Rice at ₦40,000 — Federal Government
IFMNEWS

NIN Mandatory to Purchase 50kg Bag of Rice at ₦40,000 — Federal Government

The Federal Government has announced that only buyers with a National Identification Number (NIN) can purchase 50 kg bags of rice at a subsidized price of ₦40,000. During the flag-off ceremony, President Tinubu, represented by the Minister of Agriculture, Abubakar Kyari, said the rice would be sold on a "one person, one bag" basis.

The initiative aims to address the ongoing food crisis in Nigeria, with buyers verified through NIN and phone numbers to prevent fraud. Civil servants can purchase rice using their IPPIS details, with designated sales and collection points to ensure smooth distribution.

September 6, 2024 Dangote’s Petrol to Hit Market on Sept 15, Pricing Driven by Market Forces — NNPCL
IFMNEWS

Dangote’s Petrol to Hit Market on Sept 15, Pricing Driven by Market Forces — NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has announced that petrol, also known as Premium Motor Spirit (PMS), from the Dangote Refinery will begin entering the market on September 15, 2024. This was disclosed in a statement signed by NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, on Thursday in Abuja. The statement also clarified that the prices of petroleum products would now be dictated by market dynamics.

This follows the recent commencement of refining activities at the Dangote Refinery. NNPCL’s Executive Vice President of Downstream, Adedapo Segun, reiterated that the downstream sector has been fully deregulated, meaning NNPCL will no longer be involved in setting prices. This clarification addresses ongoing speculation that NNPCL would continue to regulate fuel prices despite the deregulation of the sector.

The speculation was further fueled by reports suggesting that NNPCL would be the exclusive distributor of petrol from the Dangote Refinery. However, the company explained that foreign exchange shortages have been a major factor in the fluctuating prices of PMS, which are now determined by free market forces in line with the Petroleum Industry Act (PIA).

Segun noted that the current fuel scarcity should ease within a few days, as more petrol stations recalibrate and resume sales. He highlighted that, under Section 205 of the PIA, the deregulation of the market means that petrol prices are influenced by market conditions, including the exchange rate.

Regarding the Dangote Refinery’s petrol supply, NNPCL is preparing for the expected release on September 15. Segun also emphasized the company's efforts to collaborate with marketers to ensure that fuel stations operate longer hours and meet the nation’s fuel demands. He assured Nigerians that NNPCL is working to prevent product diversions and ensure timely deliveries to stations.

This clarification follows the Federal Government's recent announcement of a substantial petrol supply set to arrive over the weekend, while ruling out any price control on PMS.

September 5, 2024 Clark Urges IG to Arrest Wike Immediately
IFMNEWS

Clark Urges IG to Arrest Wike Immediately

Ijaw leader, Chief Edwin Clark, has called on the Inspector General of Police, Kayode Egbetokun, to arrest the Minister of the Federal Capital Territory (FCT), Nyesom Wike, over his recent threat to ignite violence in states governed by Peoples Democratic Party (PDP) governors.

Wike had issued the warning during the PDP state congress in Port Harcourt, Rivers State, urging PDP governors to stay out of the party's affairs in Rivers.

At a press conference in Abuja on Thursday, Clark condemned Wike's remarks, labeling them as "flagrant disrespect" to President Bola Tinubu, who appointed him as FCT Minister. He described Wike's comments as "unbridled" and argued that they could incite violence, equating them to treason.

Clark also noted that political figures like Omoyele Sowore, the African Action Congress presidential candidate, and #EndBadGovernance protesters had been arrested for similar offenses. He urged the Inspector General to take the same action against Wike and compel him to retract his statement.

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