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Breaking:IPMAN cautions 14th Emir Of Kano, Gov. El-Rufa’i against bringing capitalists ideologies

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Governor El Rufai and Muhammad Sanusi II

 

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the former Emir of Kano, Alhaji Muhammad Sanusi II and Kaduna State Governor, Mallam Nasiru El-Rufa’i to stop making unguarded comments on the oil and gas sector, saying with the current economic situation in the country removal of fuel subsidy will cause more hardship for Nigerians especially the common man.

The IPMAN Chairman Northern chapter, Alhaji Bashir Danmalam made the remark while speaking with newsmen in Kano on Tuesday.

According to Danmalam, the former Central Bank Governor and El-Rufa’i had for long been talking about the removal of subsidy at every fora they found themselves.

“What happened after the subsidy of gas (desiel) was withdrawn. The price of anything you can think of has gone up as a litre of diesel is now being sold at N850,” the IPMAN Chairman said.

Danmalam was reacting to Sanusi’s comments at the 7th edition of the Kaduna Economic and Investment Summit where he was full of pity for the incoming President on account of the scale of the economic challenges awaiting him, particularly the knotty issue of petroleum subsidy and debt servicing.

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“The reform of the oil sector has already started by the passing of the PIA by Mr President, with a 24 months transition period.

“The management of NNPC must be commended for their consistency in seeing the Petroleum Industry Act (PIA) was passed and implemented to the letter

Danmalam further said, “Today halfway through the transition period, NNPC has completed its transition and is now a full fledged limited liability company with strategic commanding shares in the nearly completed Dangote refinery, the largest refining in the world.

It means that as Nigeria exits fuel subsidy the management of NNPC has invested wisely in local refining capacity to boost domestic consumption, eliminate importation, ease the pressure on our forex, straighten the Naira, provide jobs and boost our GDP. Mele Kyari and his team deserve commendation for their doggedness, patriotism and nationalism.

The issue of removing fuel subsidy has to be gradual in order to make it effective and result-oriented for national economic growth and development.

He noted that the governors and their states have always been fed mainly by the hard work and earnings of NNPC over the years, adding now that NNPC has moved on, let’s see how the states fare.

On the volume of petrol being consumed in Nigeria on a daily basis, Danmalam advised the former Emir and Governor El-Rufa’i to visit all the depots where the product is being kept before distribution to ascertain whether it is being imported or not.

He said there was a time the association wrote to President Muhammadu Buhari calling on his government to constitute a committee including National Bureau of Statistics ( NBS) and all the relevant stakeholders to investigate the volume of fuel being imported and consumed on a daily basis.

According to Danmalam, If the former emir and Governor El-Rufa’i were smart they would have helped Kaduna state to be independent of FAAC allocation like what Tinubu and his successors did by making Lagos to survive even without FAAC allocation, but they did not.

“The concern of the duo is to see that the Federal Government removed subsidies so as to make life more difficult for the less privileged citizens of the country.

“It’s high time for the former Emir to stop bringing his capitalists’ ideologies into the country in order to maintain his dignity.

He, therefore, advised the duo to concentrate on what would be of benefit to the citizens rather than continue to talk on issues that are anti masses or the common man.

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Emergency Rule: Punch Editorial went overboard -CRP

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Senator Bola Ahamd Tinubu

 

A grassroot social political organisation, Concerned Rivers People, CRP has carpeted the Punch Editorial of April 15, 2025, declaring that it went overboard.

This was contained in a statement issued and signed by Alex Nwogu, Public Relations Officer of the Concerned Rivers People declaring that:

“Our attention has been drawn to an editorial in today’s Punch Newspaper, under normal circumstances, we could have ignored it but the narrative captured in the said editorial are misleading.

“It’s difficult to believe that the Editorial team did not do a thorough investigation that’s always associated with it before the said publication as structures of governance are set aside under Emergency Rule.

“The Sole Administrator is in place because of the State of Emergency. How is he expected to work with officials of the suspended Administration.

“Before then the Supreme Court had voided the Local Government Election that brought the sacked Council Chairmen. The question that the Editorial failed to address is; are those appointed from Akwa Ibom or Abia State?

“Or better still are they from anywhere close to Lagos or Ogun State? This the editorial adequately failed to thrash out.

“Again, from what purview is Punch trying to create an impression that there’s a hidden agenda in the whole arrangement in Rivers State?

“An Emergency Rule is simply:”an urgent, unexpected, and usually dangerous situation that poses an immediate risk to health, life, property, or environment and requires immediate action.

“The Sole Administrator has six months to bring about peace, reconcile aggrieved parties and ensured that residents life and property are secured.

“In what way has the Sole Administrator violated any of the rules as his first mission in Rivers State is to troubleshoot which he has been doing immediately he assumed office.

“The job of the Sole Administrator is to go to areas that there are troubles in Rivers and shoot at the trouble to bring about peace.

“The local government was one heavily troubled area and to bring about peace he appointed fresh administrators to peacefully run the affairs of the councils.

“Calling for the reinstatement of the suspended governor was the climax smirking that all is not well with the Editorial.

“Siminalayi Fubara was the purveyor and advocate of all that has transpired in Rivers State calling for his reinstatement barely two months after he was suspended creates a very wrong impression about the Editorial.

“CRP is demanding that the Punch Editorial should be reviewed and all necessary avenues should be explored to get the right information before jumping to press.

“It is not a healthy development for journalism that such an editorial should emanate from a reputable newspaper like Punch without weighing it from all angles.

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Federal Government Declares Public Holidays

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The Federal Government has declared Friday, April 18 and Monday April 21 as public holidays for Good Friday and Easter Monday, respectively.

The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.

Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.

erior, Dr Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government.

Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion.

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Court Jails Man Four Years for Refusal to Accept Naira As Legal Tender

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Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender.

 

Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on February 5, 2025 on a two-count charge bordering on refusal to accept the Naira as a legal tender.

 

One of the counts reads: “That you, Precious Chimaobi Uzondu, on the 10th of December 2024, in Lagos, within the jurisdiction of this Honourable Court, refused to accept Naira (Nigeria legal tender) by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet with serial number (12345678) and you, thereby , committed an offence contrary to Section 20 of the Central Bank of Nigeria Act, 2007.”

 

He initially pleaded not guilty to the charge, leading to his full trial.

 

Subsequently, the prosecution presented its first witness, PW1, Owolabi Oyarekhua Jude, an operative of the EFCC.

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Led in evidence by the prosecution counsel, H.U. Kofarnaisa, Jude told the court that “the Commission received intelligence on the activities of a jewelry company called Unlimited Jewellers Limited, “whose owner is one Uzondu Precious Chimaobi.

 

“The Company, which deals in jewelry at Atlantic Mall, Chevron Drive, Lekki, Lagos intentionally tags and sells its products in Dollars as against the CBN Act, 2007 ,which stipulates Naira as the only legal tender in Nigeria.”

 

Continuing, he added that “ Subsequently, a covert operation was carried out , where an undercover operative of the Commission disguised as a customer to purchase a Diamond Nail bracelet that was tagged $6000 and bought it for $5700.

 

“The company refused to receive Naira and demanded Dollars as a means of payment. The payment was made and receipt was issued in Dollars . The owner of the company was arrested and taken to the Commission’s office.”

 

However, at the resumed sitting on April 14, 2025, the defendant opted to change his “not guilty” plea to “guilty.

 

Consequent upon his guilty plea, Kofarnaisa, prayed the court to rely on the evidence earlier given by the investigating officer, and admit the same in convicting the defendant.

 

Kofarnaisa, thereafter, tendered the defendant’s statement and other evidence to further prove his guilt and they were admitted by the court.

 

Justice Owoeye then adjourned till Tuesday, April 15, 2025 for ruling.

 

Delivering judgment, they found the defendant guilty and gave him an option of fine of N50,000( Fifty Thousand Naira) on count one.

 

The Judge sentenced him to four years imprisonment, with an option of fine in the sum of N600,000 on count two.

 

His Cartier Diamond wristwatch was ordered forfeited to the Federal Government of Nigeria.

 

The convict bagged his imprisonment when he refused to accept Naira by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet. He was charged to court and convicted.

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