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SEDSAC Celebrates Sixth Anniversary,Urges CBN To Make New Notes Available

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As SEDSAC celebrates its 6th year anniversary (2017~2023), the organization wishes to enjoin Nigerians to embrace peace and obey constituted authorities in our journey to a virile nation, more so in this trying period of economic hardship and general insecurity across the country.

In a statement issued by its executive Director Umar Hamisu Kofar Naisa said as the 2023 general elections approaches no one should conspire to take advantage of the current social and economic turmoil as manifested by fuel scarcity, change in currency denominations etc to instigate violence in the land.

Accordingly, the people should immediately report any suspicious character or movement to security agencies in line with the civic responsibilities of the citizens.

Meanwhile, the Federal Government through the Central Bank of Nigerian,CBN should regulate the country’s monetary policies that ensure the availability of the new currency notes and ease the anxiety on the cash withdrawal limit in order to stimulate the economy. Similarly, SEDSAC wishes to call on the FG to take all possible measures to end oil scarcity that lead to unnecessary hardship.

SEDSAC joins all well- meaning citizens to call on eligible Nigerians voters to prepare for the forthcoming elections to elect credible persons into political offices in order to salvage the country from collapse.

 

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Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution

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Ten people have been confirmed dead in a stampede at the Holy Trinity Catholic Church, Maitama, on Saturday, 21st December 2024, during the distribution of food items to vulnerable and elderly individuals.

The unfortunate incident, which occurred around 6:30 am, resulted in the loss of ten lives, including four children, and left eight others injured with varying degrees of severity. Four of the injured have been treated and discharged, while the remaining victims are still receiving medical attention.

The FCT Police Command, in a statement issued by its spokesperson, SP Josephine Adeh, confirmed the tragedy, extended condolences to the families of the deceased, and wished the injured a swift recovery.

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Port-Harcourt Refinery Fully Operational- Says NNPC

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The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.

We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.

Preparation for the day’s loading operation is currently ongoing.

Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians.

 

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Port Harcourt Refinery Halts Production Less Than a Month After Resumption

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Less than a month after the porthacourt  appeared to have resumed production, the facility has stopped working.

It was gathered that the lifting of petrol actually stopped last Friday, December 13, as the 18-arm loading bay of the new Port Harcourt refinery was empty.

While about 18 trucks littered the stretch of the busy road leading to the refinery itself, nine trucks were spotted inside the parking yard, while the loading bay was empty.

Journalists who visited the refinery on Thursday, December 19, 2024, observed that the lifting of Premium Motor Spirit (petrol) had stopped completely.

The depot, which is usually a beehive of activities where tankers scramble for space at the parking yard, was a shadow of itself with literally no vehicular or human activity relating to operations.

This was after $1.5bn was approved in March 2021 and spent on the rehabilitation of the facility.

The inauguration of the 60,000 barrel per day production capacity plant by the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, November 26, 2024, was met with celebration and fanfare.

During the re-opening of the facility, there was lifting of petrol to the excitement of the cheering crowd.

However, less than 10 trucks of petrol were lifted that day as against widespread claims that about 200 trucks carried petrol out of the bay.

 

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