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PENGASSAN Blames Outdated Distribution for Fuel Queues
At the 2024 PENGASSAN Energy and Labour Summit in Abuja, Mr. Festus Osifo, President of the Petroleum and Natural Gas Senior Association of Nigeria, highlighted the reasons behind the persistent fuel queues at filling stations. Osifo pointed to weak and outdated distribution chains in the oil and gas sector as a major cause.
He explained that Nigeria’s reliance on a single importation point and truck-based distribution is inadequate for its large population, leading to recurring fuel shortages. Additionally, he cited bad roads and flooding as factors exacerbating fuel scarcity.
Osifo also addressed the high cost of local production, which is 15-20% higher than global standards, partly due to the security burdens faced by oil and gas companies. He urged the government to assume security responsibilities from investors and strengthen laws against oil theft to reduce production costs and improve industry integrity. Without these changes, he warned, Nigeria will continue to face fuel distribution challenges.
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.”
The Federal Government of Nigeria has officially declared the holiday dates for the festive season.
Thursday, December 25 will be observed as Christmas Day, December 26 as Boxing Day, and Thursday, January 1 as New Year’s Day.
The declaration was made by the Permanent Secretary of the Ministry of Interior, Dr. Magdalene Ajani. He also added that Nigerians should celebrate the holidays in faith and pray for the nation.
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