Following the long queues that has greeted most filling stations in several parts of the nation, and the continual reassurances from the GMD of NNPC that the nation has enough supply of petroleum products to go round the federation, most Nigerians still continue to bicker about the chronic state of the nations petroleum sector amid recent crisis of fuel shortages and hike in price.
Consequently, the Nigeria National petroleum commission NNPC has revealed that only this year, a total of about half a billion liter of petroleum products have been stolen from the oil pipeline that link north -east from Lagos through the unholy activities of vandals and oil thieves.
This amounts to over $250m (£165m) in worth as oil thieves continues to wreck the nation of wanton amounts of crude which obviously has been manifested in the trays of long queues and fuel shortages experienced in the country.
Image copyrightAPImage captioPresident Buhari has remained in personal control of the oil ministry to fight corruptionNo doubt, Nigeria remains the largest producer and exporter of Crude in Africa and among one of the biggest globally, but then, with this kind of occurrences and dastardly act and lack of refining mechanism, it means the hunter will continue to rely on imports of its own commodities and fuel shortages will sometimes becomes inevitable. Meanwhile, a subsidiary of the NNPC told a senate committee that as a result of incessant hacking of the system 2B pipeline by vandals, it has made the continual flow of the product to various retail outlets very cumbersome while blaming black marketers for "sharp practices" which include hoarding and unnecessary hike.
According to a report in BBC NEWS,Esther Nnamdi Ogbue, managing director of the Pipelines and Product Marketing Company, a subsidiary, was quoted thus "We have been pushing 35 million liters every day to the market and there's no reason why there shouldn't be fuel,". The GMD of the NNPC Dr. Ibe kachukwu sometime in August has opined that government continual funding of the oil subsidy is a loss to the Nation's economy who continues to bear the burnt as global crude prices continues to fall as critics also claim the gesture is no longer to the benefits of the Nigerian masses as it is now rife with corruption.
In a seemingly controversial manner, Uk defence secretary Michael Fallon gave in to instinct after a supposed behaviour which according to prove unethical to standard both in character and service. Secretary Falon who graciously tendered his resignation following a supposed sexual misconduct, hinted it was the right thing resigning. According to Fallon in a recorded video clip, his actions weren't in conformity to the standard which dignifies the office to which he occupies, and as such couldn't do better than to resign. In a letter to the Prime Minister, Sir Michael said: "A number of allegations have surfaced about MPs in recent days, including some about my previous conduct". Fallon admitted his past conduct may have been inappropriate as such tendencies aren't befitting enough to stay on the job if her noble virtue must be held sacrosanct. Fallon agreed that he had placed his hand on the knee of a journalist some 15 years ago during a dinner event. ...
For many bookmakers, it was going to be a landslide for Prime Minister Theresa May as the election draws close with so much anticipation already in the air. In a similar fashion, both political analyst and UK social commentators have predicted a massive moon slide for the chief occupant of the Great Number 10. Seemingly, While the above bask in a cuspidal political fashion, the European community wasn't left out in the dissection as they watched closely with tight-fisted arms. For the records, Brexit means Brexit. Nobody gave Jeremy Corbyn a chance as all eyes became fixated on Prime Minister May, in whose decision brought about the now anticipated snap election. According to May, this will further strengthen her drive in pursuing squarely the realisation of the New United Kingdom anchored on the people's will. May who wanted a full house otherwise known as a parliament majority by her side when the negotiation eventually starts, believe that this election will no doubt...
The city of Manchester still continues to count their loss as they search for unending answers why they have been made victims of such dastardly act. The Manchester arena couldn't be more sorrowful after the attack as sympathisers alongside friends and families of bereaved troop in to count their loss in honour of those who died. Thousands of people have turned their attention to the social media as they seek help in finding missing relatives amid the chaos that has prevaricated the sudden attacks. Olivia Campbell, a 15yr old who had been missing ever since the Monday attack have been confirmed dead barely 24hours when the parents thought she was missing.Same is the fate of some others who is yet to be confirmed as per dead or alive. According to Olivia's mum, she wrote on her facebook page- "RIP my Olivia, Mum loves you". Prime Minister Theresa May has raised the threat level to the highest possible rating , meaning another atrocity is expecte...
Comments
Post a Comment
Disclaimer: The views and comments signpost here remains the authentic representation and absolute expressions of those whose comments appears here as Sprint24online takes no responsibility thereof. Thanks