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Shock: As Petrol Price Now N151 .56 Per Litre ― PPMC

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download 1 Shock: As Petrol Price Now N151 .56 Per Litre ― PPMC

Shock: As Petrol Price Now N151 .56 Per Litre ― PPMC

THE price of petrol has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC.
In a statement obtained by Vanguard, D.O Abalaka of the PPMC, stated: “Please be informed that a new product price adjustment has been effected on our payment platform.
“To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56k) per litre.”
He added: “This takes effect from September 2, 2020.”

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#EndSars

Don’t Attack Oil Facilities – Senator Omo- Agege Begs Niger Delta Youths

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images 2020 10 29T085408.019 Don't Attack Oil Facilities - Senator Omo- Agege Begs Niger Delta Youths

The Deputy President of the Senate, Ovie Omo-Agege, has appealed to members of the Reformed Niger Delta Avengers to halt their planned attacks on oil facilities in the region.
He said going ahead with their threat would create economic setback for the country and cause additional environmental degradation in the area.
Omo-Agege’s appeal, according to a statement by his media office on Wednesday, came on the heels of recent threats by a coalition of nine militant groups in the Niger-Delta region.
The coalition had expressed its preparedness to resume hostilities by attacking oil and gas facilities if the Federal Government did not meet the demands of #EndSARS protesters across the country.
The militant groups under the aegis of the RNDA, had after an emergency meeting in Delta State last week, announced their preparedness to dump the ceasefire accord with the Federal Government and engage military forces.
Specifically, they threatened to resume attacks on some identified oil facilities in the region if nothing was done to redress the issues of poor welfare, armed oppression and inequality in the standard of living between the citizens and political elite.
However, Omo-Agege, according to the press statement, appealed to the youths to sheathe their swords when he met a delegation of Oil and Gas Host Communities of Nigeria, in Abuja.
The delegation was led by Chief Wellington Okrika.
He assured them that their demands would be tabled before the Presidency.
He said, “Whatever it is, we must maintain peace in the Niger Delta. I say this in view of the new agitations by the Reformed Niger Delta Avengers.
“We are just coming out of the #EndSARS protest which, of course, we all witnessed how a peaceful protest was hijacked by those with sinister agenda.
“We are all witnesses to what happened afterwards even when we must acknowledge that in a democracy, protest is a right provided those that do it do so peacefully without abridging the rights of others.”
He added, “We are here to champion their request. We don’t want the peace of the Niger Delta to be disturbed or disrupted. We are here to protect the interest of our people.
“I may be the Deputy President of the Senate today but, I am first of all, a Senator representing my people. I am here and I am your own. I am your eye. We shall not disappoint you.
“Take this commendation to our brothers in the creeks that they have done well in keeping the peace and we will table their request before the authorities as they have channelled that request through me. We shall ensure the right things are done.”

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#WTO – DG : Okonjo – Iweala Suggested As New WTO Chief , But US Vetoes

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images 2020 10 28T153155.293 #WTO - DG : Okonjo - Iweala Suggested As New WTO Chief , But US Vetoes

The World Trade Organization’s General Council Chair David Walker said Wednesday that Nigeria’s Ngozi Okonjo-Iweala had garnered the most support among WTO members to become the next global trade chief, a WTO spokesperson said.
The United States said, however, it could not support the candidacy of Okonjo-Iweala and said it would continue to back the South Korean candidate Yoo Myung-hee.
Walker and his colleagues have finished a long process of consultations, where each member could indicate their preference. Walker told WTO ambassadors Wednesday that Okonjo-Iweala, and not Yoo, was most likely to secure a consensus among the membership, which is needed to select the next chief of the global trade organization.
However, the suggestion of Walker and his colleagues is not the final step of the process as some members can veto their suggestion, which the U.S. now threatened to do.
WTO members must formally decide in their General Council meeting who becomes the next director general. This meeting will happen on November 9. Before then, there will be consultations.

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Court Refuses To Order Diezani’s Arrest , Demands AGF’s Extradition Evidence

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images 2020 10 29T085031.756 Court Refuses To Order Diezani’s Arrest , Demands AGF’s Extradition Evidence

The Federal High Court in Abuja, on Wednesday, rejected the Economic and Financial Crimes Commission’s request to issue a warrant of arrest against a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, who is believed to be residing in the United Kingdom.
Justice Ijeoma Ojukwu rejected the EFCC’s request for an arrest warrant citing the commission’s failure to enforce the earlier criminal summons which the court issued on the former minister as far back as July 24, 2020.
The commission had in requesting for the criminal summons in July claimed that it was required to facilitate the ex-minister’s extradition to Nigeria.
Faced with the failure of the ex-minister to honour the summons on Wednesday, the EFCC, through its lawyer, Mr Farouk Abdullah, urged Justice Ojukwu to issue a warrant of arrest against her
Ruling on the request by EFCC, Justice Ojukwu rejected it as she noted that the criminal summons which the court issued on Diezani in the ruling of July 24, 2019, ought to be sufficient for the commission to process her extradition to Nigeria to face her trial.
The judge who expressed willingness to give the extradition bid a chance to survive, however, demanded an affidavit with evidence from the Office of the Attorney-General of the Federation (the office with exclusive power to facilitate extradition), to prove that there was a need for the arrest warrant to have Diezani extradited.
She ruled, “It is my view that the summons should have assisted in the extradition of the defendant by the Office of the AGF.
“Today, the defendant is not in court and no reason was given.
“I am being informed that the defendant is believed to be in the United Kingdom.
“The learned counsel also informed the court that the extradition process has failed as a result of the absence of the warrant of arrest
But if that is the case, learned counsel shall file an affidavit to that effect supported by evidence from the Office of the Attorney General of the Federation.
“I hereby give you time to put your house in order.”
The judge adjourned till December 3 for report and possible arraignment of the defendant.
The EFCC had alleged that Diezani escaped from the country shortly after her tenure as the Minister of Petroleum Resources end and got wind of the plan to charge her with various offences.
The commission on November 11, 2018, filed the 13 counts of money laundering to justify the bid to have her extradited to Nigeria.
Diezani was accused of among others in the charges that she unlawfully took into her possession, the sums of $39.7m and N3.32bn when she reasonably ought to have known that the money formed part of the proceeds of unlawful activities.
She was said to have purchased choice landed assets with the money using different fronts as the owners.d Street, Yaba, Lagos, with N937m.

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