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Nigerian petrol sold for N1700/litre in West African markets

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Last Updated on June 11, 2024 by Fellow Press

The Federal Government, on Monday, raised the alarm over the renewed smuggling of Premium Motor Spirit, popularly called petrol, following the massive hike in the pump price of the commodity in neighbouring countries.

It stated that while the average price of petrol in Nigeria was about N701/litre, the average cost of the product in neighbouring countries was N1,787/litre, a development that heightened PMS smuggling out of Nigeria in the past two weeks.

The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, who disclosed this at a press conference in Yola, said the NCS had to join forces with the Office of the National Security Adviser to tackle the menace.

He said, “Today, we are here to update members of the public on the strategic efforts of the Nigeria Customs Service in addressing the critical issue of fuel smuggling through the recently launched Operation Whirlwind, under the auspices of the Office of the National Security Adviser.

“About a year ago, the Federal Government made the bold strategic decision to remove the fuel subsidy. This crucial step was aimed at freeing up substantial funds that could be redirected to other productive sectors of the economy, reducing pressure on our foreign exchange reserves, and diversifying economic growth.

“The immediate impact was an upward adjustment in fuel prices to reflect current realities. Despite the inflationary pressures and financial strain on households, particularly those with lower incomes, comparative studies still show that fuel prices in Nigeria remain the cheapest compared to other countries in the West and Central African region,” he stated.

Entertainment

Nollywood actress, Stella Ikwuegbu, dies

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Last Updated on June 16, 2024 by Fellow Press

The Nigerian Movie Industry has once again been thrown into mourning following the demise of another actress, Sandra Ikwuegbu.

The Veteran Actress is said to have died today, June 16, after a battling with leg cancer,

Her colleagues in the industry have taken to social media to mourn her. Movie Producer, Stanley Ontop , wrote;

‘’Popular Nollywood actress/veteran Mrs stella ikwuegbu is dead.

The Veteran Actress left this world today after battling with Leg cancer. Rest well madam Stella.

Nollywood not again

It’s well

Shalom!”

Another colleague of hers, Ijele Ozioma Christy Ejiofor, who paid a visit to the late actress’s home this afternoon, wrote

‘’Ukwu Gi Dia. Why? You scaled through several, accident s and all. Eniure/Achiere came, and in less than a week, it killed you. Oh my… I feel bad.

Stella Ikwuegbu, nenu Jennifer, you didn’t enjoy a thing. Why? Just why?

Adieu Great Actress Extraordinary…”

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Food shortage in Southwest will be calamitous– Yoruba Group

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Last Updated on June 16, 2024 by Fellow Press

A Yoruba socio-political group, Yoruba Commitment Forum (YCF) has raised an alarm about the looming food shortage in the South West region of the country.

The group said, though, the impending food insecurity is a national crisis, stressing that its impact on Yorubaland is going to be calamitous.

This was contained in a statement jointly signed by Otunba Hon Tayo Onayemi, Barr. Akeem Aponmade, Barr. Femi Mokikan, Otunba Niyi Sodiya, Mrs. Buky Tunde Oshunrinde and Mrs. Sola Maja, and made available to newsmen in Abeokuta, Ogun State capital.

The YCF attributed the looming food shortage to the invasion and destruction of farmlands by rampaging Fulani herders.

The group, while calling for adequate security of farmers and their farmlands, equally appealed to the federal government to adequately compensate whose farmlands were destroyed and as well give them financial incentives, to encourage them to go back to farm.

The statement titled, “Nigeria’s headaches, food insecurity in Yorubaland”, read, “we have observed that for about seven years now, Fulani herdsmen have been engaging in a relentless destruction of farmlands and settlements in Yorubaland. These criminal Fulani elements resorted to kidnapping, raping, maiming and killing of farmers and Yoruba sons and daughters.

“Neither the governments at any level, nor Fulani herdsmen’s apologists would claim ignorance of the atrocious activities of these ruthless people. Video recordings of their wicked actions suffuse the internet. The end result is that farmers began to be scared off their farms gradually until now when farms have been completely abandoned.

“When this started years ago, foresighted individuals raised concerns; they warned about the potential danger of food insecurity beginning with rising food prices and the need to ensure a stable food supply. It appears that Southwest was deliberately targeted and the invasion of our farmlands was the execution of a conscious plan to starve our people to death.

“We, the Yoruba Nation agitators, cried out for help against the brazen onslaught, but none came from the federal government led by a Fulani man.

“Unfortunately, the hens have now come home to roost as the consequences of our action, and inaction, are now here for real with food shortages and very high prices making it increasingly difficult for our people to access the basic necessity of food.

“Before the current situation spirals out of control, we hasten to inform the government that there is no alternative to large scale farming which Fulani herdsmen have destroyed by waging a war against farmers. Subsistence farming through the backyards, as good as it is, cannot serve the purpose of assuring any people of food security. Farmlands in the South West must be made very safe.

“We state emphatically that the situation whereby a basket of tomatoes is sold for #4000 in the North while the same is sold in Yorubaland for #150,000 is callous, ruthless and unacceptable to us.

We also call for assistance to use cheaper rail transport among others to assist our market men and women. Other regions do this, why not here in Yorubaland?

“Secondly, governments must incentivise farmers whose investments have been destroyed during the war of attrition waged against them by Fulani terrorists. Without government’s financial assistance, there is no way most farmers will be able to go back to farming, even if security of their lives and new investments are assured”, the statement concluded.

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