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1.3 Billion Litres Of Petrol Now Available – FG

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About 1.3 billion litres of petrol has been imported into the country, The PUNCH has learnt.

This was revealed to The PUNCH by the General Coordinator, South-West, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Ayo Kadoso, on the sideline of a visit by the Federal Government’s task force team on petrol price compliance to Ijegun tank farms in Lagos.

According to him, the 1.3 billion litres of petrol currently in the country consist of 580 million litres in the inland depots, and 690 million litres in the marine/offshore depots.

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He said, “We have sufficient fuel in the country. I can assure you that everything will be fine in a few days because we will monitor distribution back-to-back and ramp up enforcement.

“As of today, the inland depots have 580 million litres, the marine or offshore have 690 million litres as well. In total, that translates to 1.3 billion litres, which is about 32 days sufficiency.”

Kadoso assured the public that the Federal Government was serious about keeping the country wet by selling products to consumers at a regulated price of N172 per litre.

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“We have always monitored the system from all the value chain right from the vessel coming in and right down to the retail pump. Now, we are seeing light at the end of the tunnel that things are getting better, and the federal government will ensure that there’s compliance to the regulated price”, he said.

READ ALSO: TUC Threatens To Sue FG Over Fuel, Naira Scarcity

The National Controller Operations, Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, assured motorists that IPMAN members were ready to comply with the new pricing policy as long as depot owners and the NNPCL would keep their end of the bargain.

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All of my members are going to load at N172 per litre. But what worries us is that, how can government sustain supplies to the depots, and keep price regulated as promised. But I want to believe that there’s commitment on the part of the government to keep supplies coming in”, he said.

Osatuyi also issued stern warnings to all IPMAN members to comply with the new price, as erring members would be sanctioned.
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Court Bars CCETC From Entering Ossiomo Land, Using Its Property

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An Edo State High Court in Benin has restrained Jiangsu Communication Clean Energy Technology Company Limited (CCETC) from entering the land of Ossiomo Power and Infrastructure Company
Limited pending the hearing and determination of motion of notice.

Hon. Justice Mary Itsueli—vacation judge, gave the restraining order in an ex-perte motion filed before the Honourable Court by Emmanuel Usoh, counsel to Ossiomo Power and Infrastructure Company
Limited.

In the suit marked: B/242/2025, Ossiomo Investment Limited, Ossiomo Power and Infrastructure Company
Limited, Ossiomo Offsites and Utility Limited, Quadrant Gas Development Company Limited are the claimants while Jiangsu Communication Clean Energy Technology Company Limited (CCETC) stands as defendant.

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Usoh had, on behalf of Ossiomo Ossiomo Power and Infrastructure Company
Limited, approached the court, sought an interim injunction restraining CCETC from gaining access to the land or utilising any property belonging to the claimant.

READ ALSO:Ossiomo Restores Power To Customers After Barely Two Weeks Outage

Usoh sought an interim order restraining “the Defendant whether by itself, agents, representatives, Directors, staff, privies assigns, or anyone directly or otherwise and howsoever described from parading itself as a member or a shareholder of the 2nd Claimant or relying o using the Joint Venture Agreement pending the hearing and determination o the Motion on Notice.”

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In the enrollment of order dated September 11, 2025, Justice Itsueli, said having “given a most careful consideration to the application, supporting affidavit and annexures, I am minded to grant the interim order of injunction.”

The vacation judge, therefore, ordered that, “The Defendant whether by itself, privies, assigns and anyone directly or otherwise and howsoever described are restrained from accessing, utilizing the infrastructure of the Claimants including the 33KVA lines, gas engines and gas infrastructure built by the Claimants to supply gas to the power plant and generate electricity supply whether by bulk sales or transmission to corporate entities or individuals in Edo State pending the hearing and determination of the Motion on Notice already filed.”

Hon. Itsueli also ordered “the Defendant whether by itself, agents, representatives, Directors, staff, privies, assigns, or anyone directly or otherwise and howsoever described are restrained from parading themselves member or shareholder of the 2nd Claimant or relying or using the Joint Venture Agreement pending the pending the hearing and determination of the Motion on Notice already filed.”

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READ ALSO:Ossiomo, Chinese Impasse: This Is Our Story — Management

Recall that Ossiomo Power and Infrastructure Company
Limited and CCETC have been in ownership tussle which led to the power plant being shut down on September 1, 2025.

Speaking during a press briefing on the latest in the power tussle between Ossiomo and its investment partners, Usoh said, CCETC, having aware of the restraining order, had so far approached the arbitrary panel in Singapore.

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He said: “CCETC, being aware of the restraining order, also immediately approached the arbitrary panel for arbitration in Singapore. The rationale behind this update is for the whole world to know that Singapore, being the seat of economics arbitration globally, is aware of the issues happening between Ossiomo and CCETC. We had the opportunity of seeing the copy of the arbitration, and we are replying accordingly.”

On Ossiomo and Edo State Government, Usoh disclosed: “Our relationship with the Edo State Government is what we call Power Purchase Agreement (PPA). Ossiomo develops power and sells to Edo State Government at market value. They are our landlord, we cannot owe grudge against the government. My appeal to the government is to do business with us so that everyone in Edo will benefit.”

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IPF Celebrates Otuaro On His Birthday Anniversary

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The Ijaw Publishers’ Forum (IPF) has felicitated with Chief Dr. Dennis Otuaro, Administrator of the Presidential Amnesty Programme, on the occasion of his birthday.

A statement issued by the secretary of the body, Tare Magbei, commended Otuaro for his “steady leadership of the Presidential Amnesty Programme,” which according to the forum has “continued to strengthen peace, rehabilitation, and development in the Niger Delta.”

READ ALSO: Otuaro Lauds Tinubu For Backing PAP’s Peacebuilding Process In Niger Delta

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Your efforts in providing opportunities for ex-agitators and in advancing stability across the region stand as clear evidence of your dedication to the people and progress of our land.

“As you mark this new year of life, we join your family, friends, and well-wishers in praying for good health, wisdom, and greater success in the service of the Niger Delta and Nigeria.”

 

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JUST IN: Okpehbolo Appoints New VC For AAU

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Edo State governor, Monday Okpehbolo, has approved the appointment of Professor (Mrs.) Eunice Eboserehimen Omonzejie as the new Vice-Chancellor of the state-owned Ambrose Alli University (AAU), Ekpoma.

A statement issued late night by Secretary to the State Government, Umar Musa Ikhilor, said her appointment takes immediate effect.

According to the statement, Prof. Omonzejie was appointed amongst the three names submitted by the Governing Council of the university to the state government.

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READ ALSO: Okpebholo Approves Construction Of 500-room Hostel For AAU

The statement partly reads, “Professor (Mrs.) Eunice Eboserehimen Omonzejie
Professor Omonzejie is a distinguished scholar of French and Francophone African Literatures and a long-serving academic in the Department of Modern Languages at Ambrose Alli University, Ekpoma.

“She is a prolific researcher and editor, with contributions to African and Francophone literary studies, gender studies, and cultural studies.

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“She has served as the President of the Ambrose Alli University Chapter of the National Association of Women Academics (NAWACS), where she has championed mentoring, research, and advocacy for female academics and students.

“Professor Omonzejie has co-edited several seminal works including French Language in Nigeria: Essays in Honour of UFTAN Pacesetters and Language Matters in Contemporary West Africa, and is the author of Women Novelists in Francophone Black Africa: Views, Reviews and Interviews,” the statement added.

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