Connect with us

News

Atiku Condemns NNPCL for $6 Billion Debt and Fuel Scarcity Crisis

Published

on

Photo source: Google

Former Vice President Atiku Abubakar has strongly criticized the Nigerian National Petroleum Company Limited (NNPCL) following the company’s recent admission of a substantial debt totaling $6 billion owed to petrol suppliers.

This disclosure, made public on September 1, has intensified the ongoing fuel scarcity crisis, which has now been affecting the country for six weeks.

NNPCL’s Chief Communications Officer, Mr. Olufemi Soneye, confirmed the debt, highlighting the severe financial strain it has imposed on the company’s operations.

Soneye acknowledged that the debt poses a significant challenge to the company’s ability to maintain a steady fuel supply.

Despite these difficulties, Soneye reassured the public that NNPCL remains dedicated to fulfilling its role as the supplier of last resort, as required by the Petroleum Industry Act (PIA).

Advertisement

The company is actively working with government agencies to ensure that petroleum products remain available across the nation.

In response to the situation, Atiku Abubakar expressed his deep concern through a statement released by his media aide, Phrank Shaibu.

He criticized the NNPCL’s handling of the situation, questioning the credibility of the profits that had previously been touted by the company.

Atiku accused the current administration under President Bola Tinubu of leading NNPCL towards a state of disarray, characterizing their actions as a “ruthless dismantling of its assets” and expressing skepticism about the transparency and effectiveness of their management.


 

Advertisement

News

FCT Teachers Strike Over Unpaid Arrears

Published

on


Teachers in FCT government schools have started an indefinite strike over the non-payment of 60% of owed arrears by the Area Councils. This strike follows a 14-day ultimatum from the Nigeria Union of Teachers (NUT) and continues previous actions demanding overdue payments and allowances.

The NUT, led by Abdullahi Shafa, resumed the strike after the councils failed to meet their financial obligations. The strike will persist until the councils address demands for the remaining wage arrears, salary increases, and allowances. Parents are advised to keep their children at home, and teachers are instructed to follow union directives. Efforts to reach officials for comment were unsuccessful.


 

Continue Reading

News

Yul Edochie Declares He and Judy Are the “Most Entertaining Couple on the Internet” with Bold Social Media Post

Published

on


A hotel guest narrowly avoided a serious accident after the ceiling’s plaster of Paris (POP) in his room collapsed while he was out getting food.

Upon returning, he discovered the damage and realized how close he came to being harmed.

The guest expressed his relief and decided to leave the hotel, saying, “Omo, na so POP for fall for my head. Omo, me, I dey go my house o.”

The incident was recorded on video, showing the extent of the collapse.


 

Advertisement

 

Continue Reading

News

Yul Edochie Declares Himself and Judy as “Most Entertaining Couple on the Internet

Published

on


Nollywood actor Yul Edochie recently shared new photos of himself and his second wife, Judy, on social media, proclaiming them as the “Most Entertaining Couple on the Internet.”

The couple, who have faced public scrutiny since their marriage, continue to capture attention with their posts and interactions.

Yul’s latest caption has sparked reactions, adding to the ongoing discussions about their relationship dynamics.

The actor’s post further solidifies their presence as one of the most talked-about couples online.


 

Advertisement
Continue Reading

Trending