General
No Justification to Sell Petrol Above N100 in Nigeria—PDP
By Dipo Olowookere
The nation’s main opposition party, the Peoples Democratic Party (PDP), has kicked against the recent hike in the price of Premium Motor Spirit (PMS), otherwise known as petrol.
It was reported on Friday that Nigerians will now begin to pay N170 per litre for petrol following the increase in the depot price of the product to N155.17 per litre from the initial N147.67 per litre.
Reacting to the increment, the PDP, which ruled the country for 16 years from 1999 to 2015, described the action as wicked, unbearable and unacceptable, emphasising that there was no justification to increase the cost of fuel to anything above N100 per litre let alone N170 per litre, “when there are practical options to maintain affordable price given our production capacity and potentialities.”
The party, in a statement signed by its spokesman, Mr Kola Ologbondiyan, stated that based on this, it has rejected the hike because it was coming at a time the citizens of the country were experiencing an “excruciating economic crunch foisted on Nigerians by the Buhari administration.”
According to the PDP, “this increase in the pump price will worsen the already suffocating economic situation in the country [as it] will also be an additional log tied on the economic neck of Nigerians.”
“It is evident that the continuous increase in the pump price of fuel under opaque and nebulous indices is a product of incompetence and large scale corruption being perpetrated by a few individuals in the Buhari administration, who are bent on fleecing Nigerians and holding our nation to ransom.
“Our party notes that the APC administration has failed to come clean on the parameters being used for the hike in prices vis-a-vis our production, export and accruing revenue.
“Indeed, the APC administration is not being honest with Nigerians regarding the status and volume of oil production, sales and accruing revenue.
“This is in addition to its failure to fix our refineries and end crude oil theft, allegedly to aid APC interests.
This appears to provide answers to why the APC administration has failed to offer any explanation on huge fraud going on in the management of our nation’s oil resources including the alleged stealing over N9.6 trillion ($25 billion) by APC interests, as detailed in the leaked NNPC memo.
“It has also failed to publish details of its sleazy oil subsidy regime, including the involvement of APC interests in the claimed under-recovery for unnamed West African countries, running into trillions of naira, while Nigerians are made to bear the burden of high fuel costs.
“Such humongous fraud in the management of our oil resources is responsible for the high costs and unspeakable hardship being suffered by millions of Nigerians who can barely afford their meals and basic necessities of life,” the statement said.
“Our party urges President Buhari to end the corruption and the stealing of our oil resource under his watch by APC leaders, recover the looted resources and immediately reverse this increase in the price of fuel.
“President Buhari should also take steps to fulfil his promise to revamp our refineries or accept his failures and apologize to Nigerians.
“It is still not yet late for him to get more competent hands to run our oil sector instead of imposing more hardship on Nigerians,” it added.
General
Lagos Assembly Cautions Obasa Over Speakership Claims
By Adedapo Adesanya
The Lagos State House of Assembly has warned its former Speaker, Mr Mudashiru Obasa, to stay clear of the position because his impeachment on on January 13 remains sacrosanct.
A statement signed by Mr Ogundipe Olukayode on behalf of the Assembly said it was imperative to clarify that over two-third of the legislative arm of government in the state are solidly behind the new Speaker, Mrs Mojisola Meranda.
The lawmakers said nothing could change the decision taken to remove Mr Obasa, who was in the United States at that time.
On his return last week, Mr Obasa addressed the media and said he remained the Speaker of the Lagos State House of Assembly. At the briefing at his residence in the GRA area of Ikeja on Saturday, he challenged any leader in the state to tell Lagosians when and where he told them he wanted to succeed Governor Babajide Sanwo-Olu.
He also said it was not a sin not to nurse an ambition to lead the state come 2027.
“Having (an) ambition to become a governor is not a sin. Is it, however, I said it on the floor of the house when the budget was presented that I had no thoughts of governorship but that does not mean I am not qualified or that I lack experience and I still maintain that,” he said.
In response, Mr Olukayode said as elected representatives of the people of Lagos, the assembly members owe the public good governance and harmonious relationship with other arms of government.
Mr Obasa had reportedly kept the Lagos State Governor delayed for one hour before the budget presentation to flex his powers.
On his part, Mr Sanwo-Olu said he had no hand in the removal of the Agege lawmaker.
“The position of the house remains the same and nothing has changed. The position being canvassed by former Speaker, Mr Obasa is uncalled for and unparliamentary,” the House statement on Sunday said.
Mr Olukayode further explained that the majority of members elected Mr Obasa as speaker for the 10th Assembly and later took a majority decision to remove him.
The lawmakers’ mouthpiece appealed to the former speaker to toe the line of peace and harmony as being followed by others.
General
JMG Offers Solutions for Greener Environment
JMG Limited, a premier provider of electro-mechanical solutions in Nigeria, joins the world in celebrating this year’s International Day of Clean Energy, which promotes the transition from fossil fuels to renewable energy sources.
Observed annually on 26th January, the global event was declared by the United Nations General Assembly as a call to raise awareness and mobilize action for a just and inclusive transition to clean energy for the benefit of people and the planet.
Marking this year’s event, JMG Limited, a leading company that caters to a wide array of business and industrial requirements, reaffirms its commitment to meeting the needs of its customers through solutions that add value to their operations and the society.
The company’s Group General Manager, Rabi Jammal, stated that commemorating the global day is crucial as it inspires individuals, communities, businesses, and governments to adopt sustainable energy solutions and their attendant economic and social benefits.
He said this helps to foster environment conservation and palliate the crisis with non-renewable fuels, such as gas and oil, which aligns with what JMG’s product offerings enable.
According to him, JMG’s specialised solutions are eco-friendly and can upgrade the places where people work and live. Its slogan, “from power to plug,” emphasises the transformation by highlighting its wide range of clean energy solutions for homes and businesses.
He averred that the company’s products can be used to power structures, cool environments, transport people in buildings, enhance industrial output, and expand its portfolio with products that offer more energy efficiency to help reduce their electricity bills and save on fuel expenses, thereby curbing the issue of emission.
In line with its clean energy initiative, the company prioritises sustainable power solutions, offering solar and cost-effective hybrid options, including Lithion inverters and batteries since 2018 and Livfast inverters & batteries in 2022.
In 2024, the company expanded its solar power offerings with LONGi solar panels, Deye lithium batteries, and Must solar inverters, providing a comprehensive range of alternative power solutions to customers.
JMG Limited has attained significant milestones in its commitment to excellence, environmental responsibility, and occupational health and safety by acquiring three key ISO Certifications, 9001:2015, 14001:2015, and 45001:2018, which attests to its dedication to maintaining high standards in its operations.
General
Olam Agri to Sustain Significant Investments in Workforce, Food Value Chain
By Aduragbemi Omiyale
The managing director of Olam Agri in Nigeria, Mr Anil Nair, has assured us that more investments in the company’s workforce will be made for economic growth.
He gave this assurance while reacting to the recognition of the organisation as a Top Employer for the fifth consecutive time by the Top Employers Institute.
“As we celebrate this recognition, we also look to the future. Olam Agri is committed to scaling our HR practices to ensure alignment with global standards.
“We will continue to make significant investments in our people and the food value chain, enriching lives and driving economic growth.
“Our goal is to create an environment where our employees can excel and thrive, and we are dedicated to achieving this.
“Olam Agri’s continued success as a Top Employer reflects its unwavering dedication to fostering growth, well-being, and excellence in its operations,” he stated.
Also commenting, the firm’s Regional Head of Human Resources, Jaideep Biswas, said, “Our people-centric strategy aligns with the dynamic demands of the global talent landscape, embedding diversity, equity, and inclusion at the core of our operations.
“This certification validates our approach, but we’re not stopping here. We remain committed to helping our workforce thrive in a rapidly evolving work environment.”
In the annual HR Best Practices Survey of the Top Employers Institute, Olam Agri in Nigeria was named the Top Employer because of its exceptional workplace culture, innovative HR strategies, and growing appeal to talent locally and globally.
“Consistency in a not-so-consistent world is remarkable. Amidst technological advances, economic shifts, and evolving social landscapes, it’s inspiring to see organisations like Olam Agri rise to the challenge.
“This year’s certification celebrates those who continue to lead with people-first strategies, setting the standard for enriching the world of work,” the chief executive of Top Employers Institute, Mr David Plink, said.
The institute evaluates organisations based on a comprehensive survey covering six key HR domains and 20 topics: People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity and Inclusion, and Wellbeing.
Since 2020, Olam Agri’s operations in Côte d’Ivoire, Ghana, Nigeria, South Africa, and the Africa region have consistently earned top rankings, solidifying its reputation as an employer of choice.
As a leading agribusiness in food, feed, and fibre, Olam Agri is deeply committed to making a positive impact on its workforce, customers, host communities, and stakeholders.
-
Feature/OPED5 years ago
Davos was Different this year
-
Travel/Tourism8 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years ago
Estranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years ago
Sort Codes of GTBank Branches in Nigeria
-
Economy2 years ago
Subsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years ago
First Bank Announces Planned Downtime
-
Sports2 years ago
Highest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN