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FG’s Meeting With NARTO, Oil Marketers Ends In Deadlock

Published

2 years ago

February 19, 2024

The strike action embarked by members of the Nigerian Association of Road Transport Owners, NARTO, has continued into the second following the failure of the Federal Government, oil marketers to reach agreement with the transporters.

A meeting conveyed by the Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri with NARTO, oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, in Abuja ended with an agreement.

Senator Lokpobiri told journalists that the meeting will continue as the government seeks to find a solution to issues raised by the transporters.

According to the Minister, “We have been having engagement with different stakeholders in the downstream petroleum industry based on some concerns which were raised. The engagements are still continuing and we hope that we will be able to find solutions to those concerns as soon as possible. Engagement will continue tonight till tomorrow.

“But it should be pointed out very clearly that they have demonstrated utmost good faith and patriotism. It should also be known that the issues have nothing to do with the government. It is basically commercial. But as a government we have decided to intervene so that Nigerians will not suffer unduly”, he added.

NARTO had threatened to stop the lifting of petrol over high cost of operation.

NARTO National President, Alhaji Yusuf Lawal Othman explained that the tanker owners have been recording huge losses due to high cost of operation which is no longer sustainable.

He explained that members would park their trucks from Monday “because what we spend on operation is more than what we get in total: both in local and bridging”.

He said: “We will have to suspend operations between now and Monday. We cannot continue to operate at a loss. Most people have parked. A lot more are going to park.

“But from the point of view of the association itself, we are going to suspend operations on Monday.”

Othman disclosed that NARTO’s efforts at soliciting the intervention of all the key stakeholders in the Federal Government and industry have not yielded positive results.

“We have written letters up to the level of the Chief of Staff. We have written to the Honourable Minister of State Petroleum Resources (Oil).

“We have written to DG SSS. We have written to the GCEO. We have written to the Authority Chief Executive. We have written to the Major Marketers, yet no response.”

He noted that the N32 Lagos to Abuja freight rate that was implemented while the dollar was N650 is still retained now that dollar is N1,615.

“Everybody is aware that all our consumables in terms of operation are not produced in the country. So, by virtue of the rate of dollars, every consumable has increased. But the freight they are paying us has been the same even during Buhari’s time.So how is that feasible?”

He explained further: “What I mean by local is if you load Lagos, you discharge in Lagos. And bridging is if you load from Lagos, you come to Abuja. Lagos to Lagos, we are paid N120,000.

“AGO alone to distribute fuel within Lagos is N140,000 because it is N1,400 per litre. So, they give you N120,000 and you spend N140,000. How do you want to operate? We are not talking about cost of vehicles, cost of loading, driver’s allowance. That is for local. For bridging Lagos to Abuja, they gave us N32.

“If you have a truck of 40,000 litres, you are talking of N1,280,000-N1,216,000. Less 5% of the amount of N1,280,000 Withholding Tax N64,000. Less 55,000 loading expenses and 15,000 driver allowance. Total expenses N134,000 while balance is N1,146,000. AGO is N1400 for 900 litres, totalling N1,260,000. There is a total loss of N114,000. The diesel that you use from Lagos to Abuja is 900 litres”, he added.
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Group Throws Weight Behind Benin Monarch’s Decision On Iyaloja

Published

9 hours ago

October 7, 2025

Editor

Group known as Edo Art and Cultural Heritage Institute (EACHI) has thrown its weight behind Oba of Benin, Ewuare II, on the royal father’s stance on the traditional leadership of markets in the Benin Kingdom.

A statement isdued by Okpioba Osaro Idemudia, on behalf of the group, said the “institute aligns with the Oba’s stance that the Iye-Eki is the only recognized traditional head of the markets, and we believe that this position should be respected and preserved in accordance with our cultural heritage.

“EACHI stands firm on the ground that the Iye-Eki holds a significant and revered position in the Benin Kingdom, serving as the main market traditional head. We believe that any attempts to impose external leadership structures that contradict our cultural norms and traditions would undermine the rich heritage of the Benin people.

“We are proud of our royal rather, for his unwavering commitment to upholding the cultural values and traditions of the Benin Kingdom.

“EACHI reassures the people of Edo State and the broader community that we will continue to support and promote the preservation of our rich cultural heritage.”

The group, while calling on Edo sons and daughters in home and in diaspora to “stand in unity to support our royal father Oba Ewuare II’s disapproval of IYALOJA,” commended
Edo market women for talking a bold stand against the imposition of IYALOJA

News

JUST IN: Tinubu’s Minister Resigns Amid Allegations

Published

10 hours ago

October 7, 2025

Editor

The Minister of Innovation, Science, and Technology, Geoffrey Nnaji, has resigned from President Bola Tinubu’s cabinet amid controversies surrounding his academic records and allegations of certificate forgery.

Nnaji, who was appointed in August 2023, announced his resignation in a letter to the President on Tuesday, expressing appreciation for the opportunity to serve.

Confirming the development in a statement on Tuesday, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, said, “President Bola Ahmed Tinubu has accepted the resignation of Geoffrey Uche Nnaji, the Minister of Innovation, Science, and Technology, following some allegations against him. President Tinubu appointed Nnaji in August 2023.

“He resigned today in a letter thanking the President for allowing him to serve Nigeria. Nnaji said he has been a target of blackmail by political opponents. President Tinubu thanked him for his service and wished him well in future endeavours.”

Nnaji’s resignation comes amid a lingering controversy over alleged certificate forgery and questions surrounding his academic qualifications from the University of Nigeria, Nsukka.

Nnaji and the Enugu State Government had traded words over allegations that he presented forged certificates.

The dispute intensified after the Federal High Court in Enugu rejected Nnaji’s bid to stop the University of Nigeria from releasing his academic records.

The court had ruled that the institution was within its rights to release the minister’s academic details in response to a freedom of information request, a decision that fuelled further public scrutiny.

Nnaji, however, maintained that he was being blackmailed by political opponents determined to tarnish his reputation.

News

UNIBEN Bans Students’ Sign-out Celebration

Published

11 hours ago

October 7, 2025

Editor

The University of Benin (UNIBEN) has prohibited all forms of sign-out celebrations by graduating students.

The ban is contained in a circular by the university’s Registrar, Mr Ademola Bobola, on Tuesday in Benin.

In the circular addressed to members of the university community, the management warned that violators risk severe disciplinary actions, including rustication, expulsion, or withdrawal of certificate.

Bobola said the decision was reached at a meeting on Monday, where it reaffirmed an earlier resolution of the university’s Senate banning such activities on campus.

“The management declared that no sign-out celebration of any kind, including signing on T-shirts and playing of music, will be tolerated,” he said.

He stated that the university would not condone any form of disorderly conduct or unauthorised gathering during or after examinations.

“Indiscriminate parading around the campuses in any brand of vehicle will not be permitted,” the circular warned.

According to him, unauthorised vehicles will not be allowed into the campuses all through the last week of the second semester examination.

“The management also prohibited large gatherings around faculties, schools, or institutes after examinations.

“Photographers will not be permitted to put up photo stands or galleries for the purpose of such celebration,” he said.

He said the management equally cautioned parents and guardians of final-year students against visiting campus premises during the final days of examinations.

“Parents and guardians of final-year students are advised to stay away from the Faculty, School, or Institute premises, especially on the last day of examination,” he said.

Bobola emphasised that the university’s stance was aimed at maintaining order, discipline, and academic decorum on campus.

“Members of the university community are kindly invited to note the above position for strict compliance.

“Any violation will attract severe disciplinary sanctions, including withdrawal of certificate, rustication, and expulsion of violators,” he warned.