Headline

We Don’t Know Exact Daily Fuel Consumption – FG

Published

2 years ago

March 27, 2022

Editor

…Petrol still smuggled out of this country, marketers say

As a country, we still cannot tell the exact volume of Premium Motor Spirit, popularly called petrol, which we consume on a daily basis, the Federal Government has said.

It stated this just as oil marketers explained that Nigeria’s inability to give a definite figure on the amount of petrol it consumes daily was due to the continued smuggling of PMS out of the country.

The Minister of State for Petroleum Resources, Chief Timipre Sylva, stated that the Nigerian National Petroleum Company Limited had also agreed that Nigeria could not tell the exact amount of petrol consumed across the country daily.

He disclosed this in an interview with his media team, led by his Senior Adviser, Media and Communications, Horatius Egua, which was made available to our correspondent in Abuja on Friday.

Asked to react to the N3tn fuel subsidy proposal by NNPC, amid concerns about the country’s PMS consumption figure, Sylva replied, “I would have preferred that this question be directed to the NNPC.

“I have made my views known about this issue in the past. NNPC has agreed with me that they are not certain about the exact consumption figure.”

He said the truth was that if the country’s petroleum products were smuggled outside the country, nobody could say what volume was involved today, tomorrow or next week, adding that NNPC could not say they know these figures.

“It’s more or less fueling a criminal economy. The NNPC imports the products, and nobody knows the exact destination of the products at the end of the day,” Sylva stated.

He added, “The imported products come to Nigeria, and from there filters out of our borders to neighbouring countries.

“So, as a country, we cannot tell the exact volume of petroleum products that we consume on a daily basis. All we have been doing is to assume the level of consumption over a period and work with that.”

He, however, expressed belief that the NNPC probably had a better answer to this, stressing that “personally, I dont.

“I have said this publicly before that I don’t know the figure. When I assumed office, initially I was told that our daily consumption was 66 million litres.

“Then, when fuel prices increased from N145 to N162, the consumption figure temporarily fell to about 40 something million litres per day, because the arbitrage opportunity reduced,” Sylva stated.

He added, “Then the value of the naira dropped again, and the number went up again to over 60 million litres. I am told the figure sometimes rise to as high as 90 or over 100 million litres. I don’t know how that happens.

“At this rate, I have said if anyone is looking at a criminal enterprise, look no further than the fuel subsidy.”

This, the minister said, was why he had continued to advocate the removal of fuel subsidy from the country’s PMS pricing template and deregulate.

He said the President, Major General Muhammadu Buhari (retd.), had done everything to resolve the issue, including the closure of the country’s borders with neighbouring countries, yet the criminality was not stopped.

“The truth is that what the President could do was to close the ‘formal’ borders. What about the illegal routes?,” Sylva asked.

On what could be done, the minister said if the subsidy component was taken out through deregulation, smuggling of PMS to neighbouring nations would cease.

“Of course, we need the market from there. But now we are punishing ourselves because every litre we import at our expense will always find its way outside the country,” he stated.

He added, “Now, the government is trying to subsidise our citizens so that our people will at least get the benefit of the subsidy on petroleum products.

“But, now because of how our borders are, it is very difficult. Now, we are inadvertently subsidising the whole of Africa. This is the thing we cannot handle.”

Also speaking on the matter, the Executive Secretary of the Major Oil Marketers of Nigeria, Clement Isong, told our correspondent that the cheap fuel in the country had remained an incentive to smugglers.

He said, “The higher the price (of petrol) is outside the country and you see prices where they are in the country, the natural response is that normal people such as farmers, okada drivers, transporters, etc, will leave their jobs to go and sell petrol.

“This is because of the mark-up. This is why, particularly in Abuja, you see many people carrying jerrycans of fuel selling them on major roads. This also plays along our borders.

“For as long as the international price continues to rise and we keep our own prices where they are, what will happen is that those countries will suck the products out of Nigeria and you simply will not find the product in Nigeria.”

Isong added, “If you go to those countries, the marketers there will tell you that they are unable to sell because of the product coming from Nigeria is killing their market. This happens in all the countries around Nigeria.”

He stated that the normal supply chain volumes would continue to go down because the products were leaving Nigeria, describing those smuggling out PMS as ordinary everyday citizens.

“This is because they simply make more money buying from here at N162-N165/litre and going across the border to sell at N500/litre. It is more money for them and it is simply the law of economics, called arbitrage, which is a market distortion,” Isong stated.

He added, “And it is what the subsidy on petrol does on Nigeria, a market distortion. Something is worth N500 and you’re selling at N200. Now where you’re supposed to find it at N200 you will not see it because it has moved to where the actual value of N500 is.

“This can also contribute to the scarcity we see in parts of Nigeria. That is why NNPC if it is meant to normally supply 60 million litres per day, for it to keep queues out of filling stations, it will have to increase its supply to 90 to 100 million litres. That’s the problem.”

The MOMAN official said Nigeria must wean itself of fuel subsidy, “because we are killing both our present and future.

“We simply cannot afford it. We are borrowing money for it.”

PUNCH.

Related Topics:#FG NNPC Petroleum Timipre Sylva

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Headline

Iran Hangs 53-year-old Woman, Six Others

Published

51 mins ago

May 18, 2024

Editor

Iran on Saturday hanged at least seven people, including two women, while a member of its Jewish minority is at imminent risk of execution as the Islamic Republic further intensified its use of capital punishment, an NGO said.

Parvin Mousavi, 53, a mother of two grown-up children, was hanged in Urmia prison in northwestern Iran along with five men convicted in various drug-related cases, the Norway-based Iran Human Rights (IHR) said in a statement.

In Nishapur in eastern Iran, a 27-year-old woman named Fatemeh Abdullahi was hanged on charges of murdering her husband, who was also her cousin, it said.

IHR says it has tallied at least 223 executions this year, with at least 50 so far in May alone. A new surge began following the end of Persian New Year and Ramadan holidays in April, with 115 people including six women hanged since then, it said.

Iran carries out more recorded executions of women than any other country. Activists say many such convicts are victims of forced or abusive marriages.

Iran last year carried out more hangings than in any year since 2015, according to NGOs, which accuse the Islamic republic of using capital punishment as a means to instill fear in the wake of protests that erupted in autumn 2022.

“The silence of the international community is unacceptable,” IHR director Mahmood Amiry-Moghaddam told AFP.

“Those executed belong to the poor and marginalised groups of Iranian society and didn’t have fair trials with due process.”

‘Killing machine’

IHR said Mousavi had been in prison for four years. It cited a source as saying she had been paid the equivalent of 15 euros to carry a package she had been told contained medicine but was in fact five kilos of morphine.

“They are the low-cost victims of the Islamic Republic’s killing machine, which aims at instilling fear among people to prevent new protests,” added Amiry-Moghaddam.

The group meanwhile said a member of Iran’s Jewish community, which has drastically reduced in numbers in recent years but is still the largest in the Middle East outside Israel, was at imminent risk of execution over a murder charge.

Arvin Ghahremani, 20, was convicted of murder during a street fight when he was 18 and is scheduled to be executed in the western city of Kermanshah on Monday, it said, adding it had received an audio message from his mother Sonia Saadati asking for his life to be spared.

His family is seeking to ask the family of the victim to forgo the execution in line with Iran’s Islamic law of retribution, or qesas.

Also at risk of execution is Kamran Sheikheh, the last surviving member of a group of seven Iranian Kurdish men who were first arrested between early December 2009 and late January 2010 and later sentenced to death for “corruption on earth” over alleged membership of extremist groups, it said.

Six men convicted in the same case have been executed in the last months almost one-and-a-half decades after their initial arrest, the last being Khosro Besharat who was hanged in Ghezel Hesar prison outside Tehran this week.

There has been an international outcry meanwhile over the death sentence handed out last month to Iranian rapper Toomaj Salehi, seen by activists as retaliation for his music backing the 2022 protests. His lawyers are appealing the verdict.

AFP

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Israeli Leaders Disagree Over Post-war Gaza Governance Amid US Pressure

Published

1 hour ago

May 18, 2024

Editor

New divisions have emerged among Israel’s leaders over post-war Gaza’s governance, with an unexpected Hamas fightback in parts of the Palestinian territory piling pressure on Prime Minister Benjamin Netanyahu.

The Israeli army has been battling Hamas militants across Gaza for more than seven months while also exchanging near-daily fire with Iran-backed Hezbollah forces along the northern border with Lebanon.

But after Hamas fighters regrouped in northern Gaza, where Israel previously said the group had been neutralised, broad splits emerged in the Israeli war cabinet in recent days.

Netanyahu came under personal attack from Defence Minister Yoav Gallant for failing to rule out an Israeli government in Gaza after the war.

The Israeli premier’s outright rejection of post-war Palestinian leadership in Gaza has broken a rift among top politicians wide open and frustrated relations with top ally the United States.

Experts say the lack of clarity only serves to benefit Hamas, whose leader has insisted no new authority can be established in the territory without its involvement.

“Without an alternative to fill the vacuum, Hamas will continue to grow,” International Crisis Group analyst Mairav Zonszein told AFP.

Emmanuel Navon, a lecturer at Tel Aviv University, echoed this sentiment.

“If only Hamas is left in Gaza, of course they are going to appear here and there and the Israeli army will be forced to chase them around,” said Navon.

“Either you establish an Israeli military government or an Arab-led government.”

US pressure

Gallant said in a televised address on Wednesday: “I call on Prime Minister Benjamin Netanyahu to make a decision and declare that Israel will not establish civilian control over the Gaza strip.”

The premier’s war planning also came under recent attack by army chief Herzi Halevi as well as top Shin Bet security agency officials, according to Israeli media reports.

Netanyahu is also under pressure from Washington to swiftly bring an end to the conflict and avoid being mired in a long counterinsurgency campaign.

Washington has previously called for a “revitalised” form of the Palestinian Authority to govern Gaza after the war.

But Netanyahu has rejected any role for the PA in post-war Gaza, saying Thursday that it “supports terror, educates terror, finances terror”.

Instead, Netanyahu has clung to his steadfast aim of “eliminating” Hamas, asserting that “there’s no alternative to military victory”.

Experts say confidence in Netanyahu is running thin.

“With Gallant’s criticism of Netanyahu’s failure to plan for the day after in terms of governing Gaza, some real fissures are beginning to emerge in the Israeli war cabinet,” Colin P. Clarke, director of policy and research at the Soufan Group think tank, wrote on X, formerly Twitter.

“I’m not sure I know of many people, including the most ardent Israel supporters, who have confidence in Bibi,” he said, using Netanyahu’s nickname.

Hostage ‘impasse’

The Gaza war broke out after Hamas’s attack on southern Israel which resulted in the deaths of more than 1,170 people, mostly civilians, according to an AFP tally of Israeli official figures.

The militants also seized about 250 hostages, 125 of whom Israel estimates remain in Gaza, including 37 the military says are dead.

Israel’s military retaliation has killed at least 35,386 people, mostly civilians, according to the Hamas-run Gaza’s health ministry, and an Israeli siege has brought dire food shortages and the threat of famine.

Many Israelis supported Netanyahu’s blunt goals to seek revenge on Hamas in the aftermath of the October 7 attack.

But now, hopes have faded for the return of the hostages and patience in Netanyahu may be running out, experts said.

On Friday, the army announced it had recovered bodies of three hostages who were killed during the October 7 attack.

After Israeli forces entered the far southern city of Rafah, where more than a million displaced Gazans were sheltering, talks mediated by Egypt, the United States and Qatar to release the hostages have ground to a standstill.

“The hostage deal is at a total impasse — you can no longer provide the appearance of progress,” said Zonszein of the International Crisis Group.

“Plus the breakdown with the US and the fact that Egypt has refused to pass aid through Rafah — all those things are coming to a head.”

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Burkina Faso, Mali, Niger Finalise Regional Alliance Project

Published

4 hours ago

May 18, 2024

Editor

Junta-run Burkina Faso, Mali and Niger have finalised plans to form a confederation after turning their backs on former colonial ruler France to seek closer ties with Russia.

Their foreign ministers met Friday in Niger’s capital Niamey to agree on a text establishing the Confederation of the Alliance of Sahel States (AES).

“The objective was to finalise the draft text relating to the institutionalisation and operationalisation of the Confederation of the Alliance of Sahel States (AES)”, said Niger Foreign Minister Bakary Yaou Sangare as he read the final statement late Friday.

He said the text would be adopted by the heads of state of the three countries at a summit, without specifying the date.

“We can consider very clearly, today, that the Confederation of the Alliance of Sahel States (AES) has been born,” Malian Foreign Minister Abdoulaye Diop said after meeting General Abdourahamane Tiani, the head of Nigerien military regime.

The third foreign minister at the meeting was Burkina Faso’s Karamoko Jean-Marie Traore.

The Sahel region has been subject to deadly jihadist violence for years, which they accused France of not being able to curb.

The three countries said late January they were quitting The Economic Community of West African States (ECOWAS), which they said was under French influence, to create their own regional grouping.

AFP