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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“What happened after the subsidy of gas (desiel) was withdrawn.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.

“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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IG Withdraws Police Attached To Kano Anti-Corruption Agency

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About 40 policemen providing security and investigation support to Kano State Public Complaints and Anti-Corruption Commission have been withdrawn by the Inspector General of Police Kayode Egbetokun.

The withdrawal follows investigations of multi-billion naira corruption against the national chairman of the ruling All Progressives Congress, APC, Abdullahi Ganduje.

DAILY NIGERIAN gathered that the IGP gave the order for the withdrawal of the policemen to the State Commissioner of Police Usaini Gumel on Thursday.

affected policemen read: “Order and Directives to all officers and men of the Nigeria police force attached to public complaint and Anti corruption commission Kano State are warned directed to report back to Command headquarters with immediate effect those with high profile cases to hand over such to Head of Operations immediately all to acknowledge please.”

A credible source at the commission told our reporter that some of the policemen are helping the commission anti-corruption investigations, providing security to the commission’s headquarters and other seized properties under investigation.

When contacted on the matter, the force public relations officer, Muyiwa Adejobi, neither responded to a call or reply to a message sent to his known phone number at the time of filing this report.

#Daily Nigeria

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Dangote Group is the elixir of Gateway int’l Trade Fair – OGUNCCIMA

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Ogun State Chambers of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has described the Dangote Group as the driving force of the Gateway International Trade Fair.

This is just as companies under the leading African Indigenous Conglomerate, Dangote Industries Limited, hit the trade fair with their various products as part of strategies to increase market share and deepen customers’ affection.

The President of the chamber, Engr. Mike Akingbade, stated this when Ogun state governor, Dapo Abiodun officially opened the 13th edition of the Trade Fair at the M.K.O Abiola Trade Fair Complex, Oke Mosan, Abeokuta

Akingbade lauded the support of Dangote Group in sustaining the Trade Fair, which he noted has led to the prosperity of the state and economic freedom for the people.

“A special commendation must be given to Dangote Industries Limited which has remained the major sponsor of the Gateway International Trade Fair for many years. The committed support of the Dangote Group is the elixir with which the trade fair is activated and OGUNCCINA is eternally grateful for the wonderful gesture of the company,” he said.

He said the 13th Gateway International Trade Fair with the theme: “Achieving Economic Prosperity through Business Connection, Trade and Investment, “is aimed among others, to allow businesses to expand their reach, access new markets, and diversify their customer base. He emphasized that forging robust business connections, participating in trade activities, and making strategic investments will unlock new markets, stimulate economic growth, and enhance overall prosperity.

The Regional Sales Director, Dangote Cement PLC, Lagos/Ogun, Mr Tunde Mabogunje in his goodwill address, assured Ogun state government and OGUNCIMMA of the continuous support of the company, noting that the Group is dedicated to enhancing the prosperity of Nigeria by creating opportunities for Nigerians and businesses in the country.

Mabogunje said visitors to the Dangote Group’s pavilion at the fair will have the opportunity of buying products of these companies at reasonably reduced prices as the Dangote businesses will be selling at discounted prices.

He also hinted that the Dangote Refinery will be part of the next edition of the Trade Fair.

“We want to appreciate Ogun state for bringing us as a partner. We want to assure you that we will be here next year bigger. By next year, our refinery will be part of the Trade Fair,” he said.

Governor Dapo Abiodun who visited the Dangote pavilion immediately after performing the ribbon-cutting ceremony, commended the company and others for supporting the Trade Fair which he noted is aimed at stimulating economic growth.

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Tuggar urges Nigerians in Netherlands to stimulate Nigeria’s economic growth

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The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar has met with Nigerian professionals in the Netherlands ahead of President Bola Ahmed Tinubu’s participation at the Nigeria-Dutch Business and Investment Forum.

The event, which took place on February 24, 2024, provided a platform for fruitful discussions on various topics of importance to the Nigerian diaspora community. The Minister emphasized the importance of fostering strong ties between Nigeria and its diaspora communities worldwide. He highlighted the “Tinubu 4Ds” framework, which focuses on Democracy, Development, Demography and Diaspora as central pillars for engaging with Nigerians abroad.

Amb. Tuggar posited that the administration of President Tinubu recognizes the immense potential of the Nigerian diaspora in driving national development and that the government is committed to creating enabling environments for diaspora investments and contributions to key sectors of the economy. He also submitted that the government remains dedicated to upholding the dignity and rights of Nigerians living abroad.

In addition to discussing the Tinubu 4Ds framework, the engagement also focused on investment opportunities in Nigeria. The Honourable Minister highlighted the favourable business climate, ongoing economic reforms, and investment incentives available to Nigerians in the diaspora interested in investing back home.

He also informed the gathering that the government is committed to ensuring Financial Vehicles such as the Diaspora Fund which will harness funds to be used for infrastructure, healthcare, and agricultural programmes. He further stated that one of the priorities of the government via its 4D Foreign Policy will prioritize the diaspora by establishing frameworks such as the Diaspora Fund and Sector-based communities that make it possible to harness the greatness of the Nigerian Diaspora in the Netherlands via its skills and ideas to drive development back home.

The Minister also reiterated the government’s commitment to exploring mechanisms for granting dual citizenship to Nigerians abroad and enabling diaspora voting in future elections.

 

 

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