Headline

FG Disburses N173bn For Uniform Fuel Price Nationwide

Published

3 years ago

January 11, 2023

Editor

The Federal Government disbursed about N173.2bn for the equalisation of over 11.6 billion litres of Premium Motor Spirit, popularly called petrol, between 2019 and 2022, data obtained from the Federal Ministry of Petroleum Resources on Tuesday showed.

PMS price equalisation is done by the Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, in which the NMDPRA ensures price uniformity of petroleum products via the reimbursement of marketers for trucking products to filling stations anywhere in Nigeria.

A document obtained by our correspondent from the FMPR in Abuja, on the scorecard of the ministry since 2019, showed that over N173.2bn had been disbursed to equalise the cost of petrol nationwide.

But despite the hundreds of billions spent on PMS price equalisation, the cost of the commodity has hardly been equal in various states, outside Lagos and Abuja.

Currently, for instance, the price of petrol at mega stations owned by major marketers in Abuja and Lagos hovers between N179 and N180/litre, but the cost of the commodity in many independent retail outlets in other states is usually higher than N250/litre.

The price disparity across states has lingered for years, as one hardly gets the commodity at the same cost in all 36 states and the Federal Capital Territory.

In fact, in some retail outlets operated by independent marketers in major cities like Abuja and Lagos, the cost of PMS is over N200/litre, whereas the approved rate is N179-N180/litre. This, however, is despite the equalisation fund being disbursed by the government.

Providing a progress report on efforts to eradicate the smuggling of PMS across Nigerian borders, the Minister of State for Petroleum Resources, Chief Timipre Sylva, stated in the document that “a total of 255,659 truck-outs were equalised during the review period.

“N173,200,284,779 (approx.) equalisation paid. 1,277 supplying vessels tracked. 25,525,688,042 litres of total PMS discharged.”

The minister explained that 66.7 million litres of PMS was the average daily sufficiency during the period, adding that the total truck-out volume was 24,346,614,589 litres.

He also stated that the target of the FMPR was to ensure energy sufficiency in power and petroleum products, as well as reduction in the volume of smuggled PMS through improved technology.

Others include PMS equalisation to close differential cost, and to undertake routine end-to-end tracking of petroleum products cargos using Lloyds List Intelligence and Refinitiv.

Sylva, however, stated that the key challenges to achieving these targets were market infractions, defaulting marketers, delay in submission of out-turn forms by marketers, arrival/discharge quantity variation, and sharp practices by operators.

On the support that was required, he said there was a need for full system automation, review of existing policies, ensure strict compliance with regulations and strong inter-agency collaboration and transparency for petroleum product supply value chain activities around the border.

On the gas flare commercialisation programme, the document stated that the government had identified 48 flare sites, adding that the plan was to allocate them this year.

“48 flare sites have been identified. Six of them have been taken out of the basket because they are not commercially viable (because the flare volumes are minimal). The plan is that these flare sites will be allocated by Q4 2022,” the petroleum ministry stated.

Headline

Coup: Guinea-Bissau Junta Releases Six Held Opposition Politicians

Published

1 day ago

December 24, 2025

Editor

Guinea-Bissau’s ruling junta on Tuesday released six members of the political opposition who had been detained since a coup last month.

The six freed opposition members are said to be close associates of Domingos Simoes Pereira, head of the PAIGC party that led the country to independence in 1974.

Pereira has been in custody since the coup.

In a statement by the High Military Command, the junta’s governing body, the releases are described as a sign of good faith and a step towards the return to constitutional normality and respect for international rights.

The army seized power on 26 November after ousting outgoing President Umaro Sissoco Embalo in the wake of a presidential vote.

After taking over, the military suspended the electoral process and announced it would take control of the West African country for a period of one year.

Recall that another opposition candidate, Fernando Dias, took refuge in Nigeria’s embassy, which granted him asylum, while Embalo fled the country after being briefly detained by the military at the time of the coup.

Meanwhile, Senegal’s Foreign Minister, Cheikh Niang, led a delegation to Guinea-Bissau, where he met with detained opponents and requested their release.

Headline

7 Territories Still Under Colonial Rule

Published

1 day ago

December 24, 2025

Editor

Even though most nations became independent in the last century, some territories are still ruled by other nations.

Contents
1. Western Sahara
2. Guam
3. American Samoa
4. United States Virgin Islands
5. Falkland Islands / Malvinas
6. Gibraltar
7. Bermuda

Many of them remain on the United Nations list of non-self-governing territories, meaning they have not completed the process of decolonization. These places usually depend on bigger countries for laws, passports, defence, or political control.

In this article, Nigerian Tribune highlights 7 territories still under colonial rule:

1. Western Sahara

Western Sahara remains one of the world’s biggest unresolved colonial issues. Morocco controls most of the territory, but the Polisario Front wants independence for the Sahrawi people. The UN is still trying to help both sides agree on a peaceful solution.

2. Guam

Guam is an important US territory in the Pacific, used heavily for American military operations. The US oversees its defence and foreign relations.

People living there are US citizens, but they cannot vote in presidential elections and do not have full representation in Congress.

3. American Samoa

American Samoa has more local control than Guam, but the United States still decides immigration, defence, and foreign affairs.

Residents are considered US nationals and must apply if they want full citizenship.

4. United States Virgin Islands

The US Virgin Islands have their own legislature, but the United States makes major constitutional and political decisions. The territory depends heavily on US federal support.

5. Falkland Islands / Malvinas

The Falkland Islands remain controlled by the United Kingdom (UK), but Argentina has long disputed this claim, having been in control of the Islands for a few years before 1833.

The people living there voted strongly to stay British, yet the sovereignty dispute continues to appear in the UN.

6. Gibraltar

Gibraltar sits at the Southern tip of Spain. The United Kingdom controls it, but Spain insists the territory belongs to them.

Gibraltarians have repeatedly voted in favour of remaining British, but the dispute is still discussed within the UN Decolonisation Committee.

7. Bermuda

Bermuda is a British Overseas Territory situated in the North Atlantic Ocean. Although it manages most of its own internal affairs and enjoys a strong economy with modern facilities, the United Kingdom still handles its defence and represents it in global matters.

Headline

Russia-Ukraine War: Pope Leo Calls For Global Christmas Truce

Published

1 day ago

December 24, 2025

Editor

Pope Leo XIV on Tuesday renewed his call for a global truce on Christmas Day, saying he felt “great sadness” after Russia “apparently rejected a request” for a pause in fighting.

Speaking to reporters at his residence in Castel Gandolfo near Rome, the Pope urged all sides involved in conflict to observe at least one day of peace.

“I am renewing my request to all people of goodwill to respect a day of peace — at least on the feast of the birth of our Saviour,” Leo said.

Recall that Russia invaded Ukraine in February 2022 and has repeatedly turned down calls for a ceasefire, arguing that any pause would give Ukraine a military advantage.

“Among the things that cause me great sadness is the fact that Russia has apparently rejected a request for a truce,” the pope said.

Referring to conflicts worldwide, Leo added, “I hope they will listen and there will be 24 hours of peace in the whole world.”

The appeal came as fighting continued in eastern Ukraine. On Tuesday, Ukrainian forces withdrew from a town after heavy battles with Russian troops. Russian strikes killed three civilians and left thousands without power during winter temperatures.

There was no indication of progress toward ending the war after separate meetings last weekend in Miami between the United States officials and negotiators from Russia and Ukraine. The conflict is nearing four years with no settlement in sight.

Earlier this month, Pope Leo met Ukrainian President Volodymyr Zelensky. When asked whether he would accept Zelensky’s invitation to visit Ukraine, the pope said, “I hope so,” while noting that it was not possible to say when such a visit could happen.

Leo also warned that efforts to secure peace without European diplomatic involvement were “unrealistic”, expressing optimism that President Donald Trump’s proposed peace plan could bring a “huge change” to the transatlantic alliance.