News
Marketers Petition Tinubu Over Plummeting Diesel Prices, Senate Delays Sabotage Hearing
Devakumar Edwin, Vice President of Dangote Industries Limited, revealed that petroleum marketers in Nigeria have raised concerns over the pricing of locally refined diesel.
These marketers have formally approached President Bola Tinubu, expressing dissatisfaction with the current price trends.
According to Edwin, diesel prices have seen a significant reduction, dropping from N1,200 per litre to N900 per litre, and this has had an adverse effect on the marketers’ businesses.
He shared these insights during a Twitter Space session hosted by Nairametrics on Thursday.
During the session, Edwin explained that the marketers are worried about the declining prices, which, in their view, threaten their business profitability.
They believe the situation could impact the overall dynamics of the oil and gas industry if not addressed promptly.
Additionally, the Senate recently announced a delay in the public hearing concerning alleged sabotage in Nigeria’s petroleum sector.
This development was confirmed by Senator Opeyemi Bamidele, the Leader of the Senate and Chairman of the Senate Ad-hoc Committee, who stated that the hearing would be postponed.
The issue of sabotage has been a topic of concern, and stakeholders hope the eventual hearing will shed light on the underlying issues affecting the industry.
It has been reported that Niger State and some northern states have come together and agreed to take down 979 forests in order to strengthen national security.
This was revealed by the Niger State Governor, represented by his deputy, Yakubu Garba, at the passing-out parade in Mutum Daya.
He also shared that the government will support in any way they can in order to achieve this and strengthen security in Nigeria.
“The state will make necessary arrangements to support and empower the Forest Guard families for their service to the nation. We will provide them with adequate healthcare insurance scheme.”
Nigerian news analyst, Mahmud Jega, has shared his opinion on the recent airstrike carried out by the United States in Nigeria, stating that Nigerians should not blame President Bola Tinubu for the incident.
Jega made this statement during a recent interview, where he said he does not believe many people will hold the Tinubu administration responsible, as Donald Trump had issued threats against Nigeria long before Tinubu’s administration.
“No, I don’t think many people will blame the Tinubu administration for what is happening now because President Donald Trump, when he first made the threats, it was clearly not in coordination with the Tinubu administration or the government of Nigeria,” Jega said.
It has been reported that the United States carried out an airstrike targeting ISIS in the northwest region of Nigeria. The order was reportedly given by former U.S. President Donald Trump.
“Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS terrorist elements in northwest Nigeria,” Trump said.
He added, “I have previously warned these terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was.”
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