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October 10, 2024 NNPCL Sets Petrol Price at ₦998 Per Litre in Lagos, ₦1,030 in FCT

NNPCL Sets Petrol Price at ₦998 Per Litre in Lagos, ₦1,030 in FCT

Retail outlets operated by the Nigerian National Petroleum Company Limited (NNPCL) adjusted petrol pump prices on Wednesday in both Lagos and the Federal Capital Territory (FCT), Abuja.

In Lagos, our correspondent reported that several NNPCL stations were selling petrol for ₦998 per litre, an increase of ₦150 from the previous price of ₦855. The sudden hike led to long, snaking queues at stations in Abule-Egba, U-turn, Abbatoir, and other nearby areas, as motorists and transporters scrambled to stock up in anticipation of further price rises.

Non-NNPCL filling stations quickly followed suit, raising their prices incrementally. Many stations in Lagos were selling petrol for as high as ₦1,050 per litre.

The situation in Abuja mirrored that of Lagos, with NNPCL outlets increasing prices from ₦897 to ₦1,030 per litre.

This fresh hike comes just weeks after the previous increase on September 2, 2024, when NNPCL raised the price of petrol from ₦568 to ₦855 per litre, triggering public outrage.

 

October 9, 2024 I Didn’t Instruct NNPCL to Halt Refinery Operations — Oil Minister

I Didn’t Instruct NNPCL to Halt Refinery Operations — Oil Minister

The Minister of State for Petroleum Resources, Heineken Lokpobiri, has clarified that he did not instruct the Nigerian National Petroleum Company Limited (NNPCL) to cease operations at its refineries.

This statement comes after reports emerged from an event in Lagos, where Engr. Kamoru Busari, the Director of Upstream in the Ministry of Petroleum Resources, suggested that Lokpobiri had directed NNPCL to concentrate on equity participation in other refineries.

Lokpobiri stated, “I have been made aware of comments made by Engr. Kamoru Busari, who represented me at a recent conference in Lagos. I want to categorically clarify that the assertion that I directed NNPCL to stop operating its own refineries and focus solely on equity participation in other refineries is false. This does not reflect my position as the Minister overseeing the oil sector or the Federal Government's stance."

He further emphasized that NNPCL operates under the Companies and Allied Matters Act (CAMA), with its own functional board and management. The Ministry of Petroleum Resources does not control or manage NNPCL, which functions independently like any corporate entity.

“The oil and gas sector is fully deregulated, and the Nigerian government is committed to promoting domestic refining. We encourage companies, including NNPCL, to operate independently and adhere to global best practices. While we provide strategic guidance, we do not directly interfere in the operations of these companies,” he added.

READ ALSO: NNPCL Announces Another Fuel Pump Price Increase

Lokpobiri reaffirmed his commitment to supporting the growth and independence of NNPCL, ensuring that its operations align with international standards for efficiency, transparency, and profitability.

October 9, 2024 15 Rescued, Five Missing After Boat Collision in Lagos – LASWA

15 Rescued, Five Missing After Boat Collision in Lagos – LASWA

Fifteen individuals have been rescued, while five others are still missing after two boats collided in Lagos State. The Lagos State Waterways Authority (LASWA) reported no casualties so far, despite conflicting accounts regarding the total number of people involved.

In a statement released on Tuesday, LASWA detailed the incident: “A boat collision occurred yesterday evening at Imore on the Lagos waterways, involving two vessels: ‘Only God 13’ and a wooden boat. At approximately 7:00 PM, ‘Only God 13,’ which was traveling from Ebutte Ero to Badagry with 15 passengers, collided with a wooden boat carrying 10 passengers from Alakija to Imore.”

Fortunately, all 15 passengers aboard ‘Only God 13’ were rescued and are currently waiting at the jetty to retrieve their belongings. However, five passengers from the wooden boat suffered injuries and are receiving medical treatment. Sadly, five individuals remain unaccounted for, and search and rescue operations are ongoing.

LASWA noted, “LASWA, LASEMA, NIWA, Marine Police, and local operators are working tirelessly to locate the missing individuals and provide assistance to those affected.”

This incident follows closely on the heels of a separate boat capsizing in Niger State, which resulted in fatalities.

October 9, 2024 Imo: Multiple Casualties Feared as Nigerian Soldiers Clash with Gunmen in Shootout

Imo: Multiple Casualties Feared as Nigerian Soldiers Clash with Gunmen in Shootout

A gun battle erupted between soldiers and unidentified gunmen in the Ehime Mbano Local Government Area of Imo State, reportedly resulting in multiple deaths and injuries. The clash occurred at the Aba branch in Ehime Mbano on Tuesday night.

According to The Nation, the attackers ambushed and killed several soldiers in the area. "The entire place is in chaos, and troops have taken control of nearby communities," a source reported.

The intense firefight caused widespread panic as residents fled in fear amid continuous gunfire. "We are terrified," one resident said, describing the uncertainty gripping the community. "Ehime used to be peaceful, but now we’re living in fear."

At the time of this report, neither the Nigerian Army nor the police had issued an official statement about the incident.

This attack comes just days after the house of former Senator Frank Ibezim, who represented Okigwe in the 9th Assembly, and a National Open University center in Ezeoke Nsu, Ehime Mbano, were set on fire. The Imo State Police Command condemned that earlier attack.

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