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Arewa Oil and Gas Marketers Debunk Rumors of Imminent Fuel Increase”

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In a reassuring statement to the press, Bashir Danmalam, Chairman of Arewa Oil and Gas marketers, has quelled concerns over a potential fuel price increase in Nigeria.

Speaking to reporters, Danmalam emphasized the importance of patience and informed the public that there is currently no imminent plan to raise fuel pump prices.

Danmalam told Journalists that

“The backdrop for this announcement is the recent surge in the cost of the dollar, which has caused anxiety among Nigerians regarding the possibility of a fuel price hike. Arewa Oil and Gas, cognizant of the public’s worries, swiftly engaged with the retail department of the Nigerian Petroleum Corporation to address the situation.”

According to the chairman the collaborative efforts of Arewa Oil and Gas and the Nigerian Petroleum Corporation have resulted in a concrete outcome: the decision to maintain the current fuel prices. As of now, there is no impending increase in the price of fuel, offering a sigh of relief to citizens.

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The Chairman noted that the economic hardships faced by Nigerians have not gone unnoticed. The nation’s capital, Abuja, seems to be the only region where fuel consumption remains somewhat steady.

In a telling sign of the economic strain, Arewa Oil and Gas marketers have expressed concerns about the affordability of fuel. A marked change in purchasing patterns has been observed, where 3 marketers   are now pooling resources to purchase fuel in the form of truckloads.

The Arewa Oil and Gas chairman’s address also carried a plea to the federal government.

He urged the authorities to address the challenges posed by the scarcity of the dollar. Highlighting the current economic climate, Danmalam implored the government to take swift and effective measures to alleviate the hardships faced by the Nigerian populace.

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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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