Connect with us

News

Group Raises Alarm Over Alleged N3 Trillion Fuel Importation Fraud by NNPCL, Business Partners

Published

on

 

 

 

The Coalition for Economic Liberation and Transformation (CELT) has raised alarm over alleged N3 Trillion fuel importation fraud traced to the Nigerian National Petroleum Company Limited’s (NNPCL) and some of its business partners in the last  42 days.

This revelation came to light during a press conference held in Abuja on November 15, 2024.

According to CELT, Nigeria imported 1.5 million metric tonnes of premium motor spirit, 414,018 metric tonnes of diesel, and 13,500 metric tonnes of aviation fuel between October 1 and November 11.

Henry Owolabi, the Executive Director of the coalition criticized NNPCL’s Group Chief Executive Officer, Mele Kolo Kyari, for prioritizing fuel importation over domestic refining, despite the availability of local refineries.

The Dangote Refinery, with a capacity to process 650,000 barrels of oil daily, is one such refinery that could significantly reduce Nigeria’s reliance on foreign fuel.

CELT questioned Kyari’s decision-making process, citing the detrimental impact on Nigeria’s economy and currency.

The coalition accused Kyari of sabotaging domestic refineries and undermining the Central Bank of Nigeria’s policies aimed at strengthening the naira.

CELT demanded Kyari’s immediate sack and urged the Central Bank to halt further payments for fuel importation.

Advert

Furthermore, CELT called on regulatory agencies to verify the quality of imported fuel and investigate financial claims.

The coalition emphasized the need to prioritize domestic refining, highlighting benefits such as significant cost savings, energy security, economic growth, and environmental sustainability.

Owolabi added: “Kyari and his fake fuel-importing associates have successfully rubbished the Central Bank of Nigeria (CBN)’s policies targeted at strengthening the Naira. They mopped up the limited dollars that would have gone into procuring manufacturing-related imports.

“The irresponsible importation, which is compromising the naira, borders on criminal when one recalls that President Bola Tinubu, personally, intervened to broker the naira sale of crude oil to Indigenous refineries to reduce the pressure on Nigeria’s currency and make refined products more affordable. Kyari and his lackeys insult our president by persisting in this criminal trade.

“Kyari’s leadership role in the fuel importation racket perhaps explains why he has deliberately sabotaged the nation’s investments in the three major government-owned refineries in the last two years. Why would a man who has not allowed our refineries to work be allowed to continue to lead the NNPCL?

“Additionally, this importation has severe economic consequences. The money used for importing fuel could be effectively utilised in areas, like healthcare, education and infrastructure.

“The government and other appropriate bodies must promptly tackle these concerns. They must emphasise the importance of boosting manufacturing and supporting our refineries to function at their potential.

“Consequently, the Coalition for Economic Liberation and Transformation urges the CBN to stop further payments to Kyari’s cronies in the name of fuel importation. Those who persist in importing what is readily available locally should bear the brunt of sourcing the foreign exchange to pay for their indulgence.

“Furthermore, our Coalition demands that Kyari be sacked without hesitation to restore the industry’s transparency and accountability and to prevent the NNPCL CEO and his associate from spreading contagion to other sectors of the economy.

“Finally, we demand that the necessary regulatory and anti-graft agencies step in to arrest the anomaly around fuel importation.“

News

Sardaunan Gombe Felicitates Muslims on Eid-ul-Maulud, Urges Prayers for Peace, Unity and Progress.

Published

on

 

Dr. Jamil Isyaku Gwamna, the Sardaunan Gombe and All Progressives Congress (APC) gubernatorial candidate in Gombe State, has joined Muslims across Gombe State, Nigeria and beyond in celebrating Eid-ul-Maulud, commemorating the birth of the Holy Prophet Muhammad (SAW).

In a goodwill message, Gwamna extended warm greetings to Muslim faithful and urged them to use the occasion to reflect on and emulate the exemplary life, teachings and virtues of the Holy Prophet Muhammad (SAW).

He said the Prophet’s enduring messages of peace, compassion, patience, tolerance, justice and love for humanity should continue to guide the conduct of individuals and communities towards building a peaceful, united and progressive society.

“As we celebrate Eid-ul-Maulud, may the life, humility, compassion and peace exemplified by Prophet Muhammad (SAW) inspire us to become better people and contribute to building a kinder, more united and prosperous society.

Advert

“May this blessed occasion renew our faith, strengthen our bonds of brotherhood and unity, and fill our homes with peace, our hearts with love, and our lives with Allah’s abundant blessings.”

Gwamna further urged Muslims and all residents to sustain prayers for lasting peace and progress in Gombe State and Nigeria, particularly for an end to insecurity and other challenges confronting the nation.

He called on citizens to promote unity, mutual understanding and peaceful coexistence, stressing that collective commitment to peace and unity remains essential for the development and progress of the country.

The Sardaunan Gombe also appealed to residents to celebrate the occasion responsibly, observe necessary precautions and obey traffic rules while marking the day in their communities and neighbourhoods.

He wished Muslims a peaceful and blessed Eid-ul-Maulud celebration and prayed that Allah continues to guide the country’s leaders and citizens towards peace, unity, prosperity and progress.

 

Continue Reading

News

Singapore to Give Families Nearly ₦94m for Every Child Born as Birth Rate Record Drops

Published

on

 

By Yusuf Danjuma Yunusa

Singapore has announced a new financial support package that will provide each eligible Singaporean child with nearly S$70,000 (about ₦94 million) in government benefits from birth until age 17.

Prime Minister Lawrence Wong announced the S$62,000 SG Child Support Package during his National Day Rally speech on August 23, saying the government wants to make a fundamental change in how families are supported rather than simply making small adjustments to existing schemes.

The package includes a S$10,000 cash Baby Gift, S$32,000 in Child Credits, a S$5,000 Child Development Account (CDA) grant, up to S$5,000 in government CDA co-matching and a S$10,000 top-up to the child’s Post-Secondary Education Account.

Advert

When combined with existing benefits, including a S$5,000 MediSave Grant for Newborns and annual Edusave contributions, total government support will reach about S$70,000 per child. This is higher than the current S$27,500 to S$56,500 parents receive, depending on the child’s birth order.

Wong said the government would simplify the system because many parents find the existing schemes difficult to understand. He said every child would receive the same level of support, with assistance provided not only at birth but throughout the years as children grow.

The S$10,000 Baby Gift will be paid in two instalments during the first year after birth, while the S$32,000 Child Credits will provide S$2,000 annually from age one until the child turns 16. The government will also give a further S$10,000 top-up to the child’s education account when the child turns 17.

The new package is expected to benefit more than 610,000 children across 380,000 households. The measures are part of Singapore’s wider efforts to encourage more people to have children amid a declining birth rate.

Wong said the government was putting significant resources into the plans because supporting families and Singaporeans through every stage of life remains a national priority.

Continue Reading

News

Imam Jingir Sells Out, Deploys Muslim-Muslim Chants Minutes After ₦600 Million APC Windfall

Published

on

 

By Yusuf Danjuma Yunusa

Plateau-based Islamic cleric, Yahaya Jingir, intensified his support for the All Progressives Congress (APC) Muslim-Muslim ticket after receiving donations of N600 million from Ibrahim Masari, special adviser to President Bola Tinubu, and Governor of Yobe State, Mai Mala Buni.

A viral video of Mr Masari, an ally and SA on political affairs to Mr Tinubu, announcing the donation of ₦600 million by him and Mr Buni to Mr Jingir-led religious university project emerged on the internet on Monday.

“I, too, have given ₦300 million, and my brother, the Governor of Yobe State, has also given ₦300 million, bringing the total to ₦600 million. Give us the account details so we can transfer the money right now,” Mr Masari said.

In response to Mr Masari’s donation at the event, the cleric doubled down on campaign for a Muslim-Muslim ticket.

Advert

“So, we are very grateful, and may Allah reward you. Let me stop here,” Mr Jingir said, asking the crowd, “is the name of the university the private purse of Alhaji Sani Yahaya Jingir?”

“I want education to be established so that both Muslims and Christians can be successful,” he added.

Chanting “Muslim-Muslim” in support of the same-faith ticket to close his remarks, Mr Jingir said, “May Allah bring peace to Nigeria and peace to the Muslim world. And for those who are saying we are cheating in the name of Islam, may Allah open their eyes and guide them to Islam.”

Though the cleric claimed the donations were not to him but for a university project, it has sparked reactions on social media.

“If you are following Yahaya Jingir to shout Muslim-Muslim ticket look at this video! N600 million,” Imran Wakili, an X user said. “And you still think removal of subsidy is for you and me!”

Another X user, @MBMoralpolice said, “The man is after his bank balances to say so seems fair but when one is announcing a 300M Naira donation to your purse somehow and you are eager to take the microphone away ahead of further donations announcement, I better ask?! How Much Are You Really Worth.”

@Aliyyyou said, “Religious leaders have really got it wrong in this country. No respect, dignity or honor. Just power, money and fake faith. No difference from the politicians.”

About two weeks ago, Mr Jingir had announced support for Mr Tinubu’s same faith ticket as Nigerians head for presidential election in 2027, sparking backlash.

“I am one of those who raise the flag of Islam. I am calling on people to come and let us do Muslim-Muslim again,” Mr Jingir said.

Charging Muslims to vote for Mr Tinubu’s re-election based on the same-faith ticket to prove that Muslims outnumber Christians in Nigeria, Mr Jingir said, “So, here I am calling on you; please, everyone should get their votes ready. Let us show the world that those unbelievers who claim they outnumber us in Nigeria are lying.”

Continue Reading

Trending