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Over 5000 protesters occupy National Assembly over alleged missing N89trillion

Civil Society Organisations (CSOs) numbering over 5000 on Friday in Abuja occupied the premises of the National Assembly to protest the alleged missing N89 trillion stamp duty allegation against the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

According to the protesters, the demonstration was to pass a vote of confidence on the CBN Governor.

Speaking on behalf of the protesters, Dr Bassey Etuk Wiliams said: “Our attention has been drawn to the funny allegation flying around about stamp duty mismanaged money allegedly to a tune of N89 trillion according to a dissolved presidential committee that has Hon. Kazaure as Secretary.

“We are amazed that despite the dissolution of the said committee, he is still pressing for submission of the report of what has been directed to be dissolved and going about slandering the name of the CBN Governor, Godwin Emefiele.

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“Our findings as a group since this matter has come to public domain revealed to us that even the total banking deposit in the country is not up to N50 trillion not to talk of the said amount, so one wonders where the said sum emanated from and how they arrived at such amount, yet the country is still broke.

“We also wonder why a member of the parliament will be made secretary of an alleged secret presidential committee when the report will still need to be submitted to the parliament for adoption, if at all such committee ever exist. The rule of separation of power is still in force and our democracy should not be turned to autocratic rule.

“Our findings further revealed that a committee was officially set up by Presidency in 2021 to review the stamp duty money based on allegations on its remittance, this committee was headed by the attorney general and minister of justice while the chairman of Federal Inland Revenue (FIRS) is the secretary of the committee with directives to reconcile the collected stamp duty money and revert back. The committee is still working, one wonders when this Hon Kazaure committee was set up.

“The presidency has disowned the said committee, one still wonders what lies the interest of the said group of people, whose aim and target is to bring to disrepute the exalted office of the CBN Governor. This we will not sit down and allow based on the noticeable reforms been done by the Governor for the country as a whole at the expense of the very few mismanaging our common wealth before now.

“We have discovered that since the implementation of cashless policy and change of naira notes, a policy that doesn’t go well with some political classes they have ever since been looking for means of bringing to disrepute the hard-working and dedicated Governor of CBN, Godwin Emefiele. This is the period the National Assembly has most invited him on this same issue with several attacks from other quarters.

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“The Coalition of Civil Society Groups, hereby use this medium to call to caution these distractors and their sponsors and reiterate our unalloyed support for the CBN Governor based on his transformative policies.

“We entirely pass a vote of confidence on him and he should be allowed to concentrate on the task ahead. No level of pressure or blackmail should the CBN Governor be cowed to review the cashless policy. It has come to stay, the earlier the better we all get used to it.”

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Two Policemen shot dead in gun duel with suspected kidnappers

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Two Policemen shot dead in gun duel with suspected kidnappers

Gunmen suspected to be kidnappers have killed two police officers during a foiled kidnapping operation around Little Rayfield community in Jos South Local Government Area of Plateau State.

The spokesperson of the state police command, DSP Alabo Alfred, confirmed the incident to newsmen in Jos, stating that four suspects had been arrested in connection with the attempted abduction.
Residents of Little Rayfield told our correspondent that at about 9 pm on Tuesday, gunshots were heard in the area.

They added that the kidnappers had attempted to kidnap some individuals, but the act was foiled by the men of the state police command.

According to DSP Alfred, the slain police officers were on special duty in the state from Abuja.

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Alfred said, “The Plateau State Police Command wishes to inform the general public of the arrest of four (4) suspected kidnappers in the recent foiled kidnapping incident that took place along Little Rayfield Road, Jos.

“However, two (2) of our officers namely; Fatoyo Femi and Inspr Dafur Dashit attached to Force Investigation Department, Abuja (IRT) who are on special duty in Jos lost their lives during the exchange of gunfire with the suspected kidnappers.

“Meanwhile, the case is under investigation. Further development will be communicated in due course. The Commissioner of Police, Plateau State Command, CP Emmanuel Olugbemiga Adesina, psc appeals for calm in the State as the situation is under control.”

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Pandemonium erupts as Youth was shot during encounter with Army personnel

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Pandemonium erupts as Youth was shot during encounter with Army personnel

The Police Command in Akwa Ibom, on Wednesday, confirmed the death of a youth in a crisis that erupted in Ette, Ikot Abasi Local Government Area of the state.

DSP Timfon John, the State Police Public Relations Officer (PPRO), made the confirmation in an interview with the News Agency of Nigeria (NAN) in Ikot Abasi.

She said that the crisis started on Tuesday night in Ette when an army man was pursuing a boy in the community and was descended on by a mob.

‘’In an attempt to escape the mob action, the army man fired and shot one of the villagers; both the army and the villager are receiving treatment in a hospital.

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‘’The situation is under control and investigation has commenced to unravel the perpetrators of the crime,’’ John said.

A source, who refused to mention his name, told NAN that the crisis was as a result of the alleged killing of a local boy by an army man attached to an oil company in Ikot Abasi.

He said that there had been a protest by the youths in the area demanding that the military should focus on their duty to the company and not target the innocent citizens.

He said that the Tuesday crisis led to the burning of five trucks, a bus and a Hilux belonging to the company.

The source said that the crisis led to the blocking of East-West Road leading to Port Harcourt, forcing motorists to divert to other routes for safety. (NAN)

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BREAKING; Dangote announces significant reduction in petrol price per litre

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BREAKING; Dangote announces significant reduction in petrol price per litre

Dangote reduces petrol price Dangote Petroleum Refinery and Petrochemicals has once again reduced the price of Premium Motor Spirit (PMS), also known as petrol, marking the second price cut this month.

The company disclosed this in statement signed by its Head of Media Communications, Mr Anthony Echiejina, Wednesday in Lagos.

It explained that the company had reduced the price by N65, from the previous N890 per litre, bringing it down to N825 per litre at the gantry (ex-depot).

This follows a N60 reduction earlier in February.

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The company noted that the ex-depot price had dropped from N950 per litre in January to N825 per litre, reflecting a N125 reduction over the past 26 days.

“This recent price adjustment is expected to ensure that Nigerians pay between N860 and N865 per litre for petrol at the pump in Lagos.

“The new price will take effect from Thursday, February 27, and is aimed at providing much-needed relief to Nigerians, particularly in light of the upcoming Ramadan season.

“This strategic price adjustment is designed to offer essential relief to Nigerians during Ramadan while supporting President Bola Ahmed Tinubu’s economic recovery policies by easing the financial burden on the populace,” the statement read.

It further highlighted that Dangote Petroleum Refinery had consistently lowered petrol and other refined petroleum product prices for the benefit of Nigerians.

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The statement said that this price reduction marked the second time this month that PMS prices had been slashed, following a N60 decrease earlier in February.

It said, “In December 2024, during the holiday season, the refinery reduced petrol prices by N70.50, from N970 to N899.50 per litre, as part of its ongoing commitment to easing the cost of living and providing relief during the festive period.”

The refinery emphasised that previous reductions had a positive impact on the overall cost of living and helped prevent the typical fuel shortages and price hikes associated with the holiday season.

Dangote also assured that its high-quality products, which had gained popularity both domestically and internationally, would remain available nationwide through its key partners, MRS Holdings, AP (Ardova Petroleum), and Heyden, at market-friendly rates.

The statement outlined the following prices for Dangote petrol at various retail outlets:

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MRS Holdings stations: N860 per litre in Lagos, N870 in the South-West, N880 in the North, and N890 in the South-South and South-East regions.

AP (Ardova Petroleum) and Heyden stations: N865 per litre in Lagos, N875 in the South-West, N885 in the North, and N895 in the South-South and South-East regions.

Dangote Petroleum Refinery also assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand and a surplus for export, thereby contributing to the country’s foreign exchange earnings.

It called on marketers to support the initiative, ensuring that Nigerians are the primary beneficiaries of these efforts.

It emphasised that such collective actions would contribute to the broader economic recovery plan, spearheaded by President Bola Ahmed Tinubu, aimed at making Nigeria self-sufficient in refined petroleum products and positioning the country as a major oil export hub.

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Dangote Petroleum Refinery, which has successfully exported its products to Europe, America, Asia, and other regions, recently supplied jet fuel to Saudi Arabia.

The refinery has confirmed it holds over 500 million litres of petrol in storage, enough to meet Nigeria’s petrol demand for several days.

Additionally, the refinery’s capacity of 650,000 barrels per day surpasses Nigeria’s average daily petrol requirement of 385,000 barrels. (NAN)

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