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CONCERNED CITIZENS DEMAND TRANSPARENCY FROM NNPCL ON FUEL IMPORTATION AND SUBSIDY PAYMENTS

A group of concerned Nigerian citizens has called on the Nigerian National Petroleum Company Limited (NNPCL) and its Group CEO, Mele Kyari, to provide full transparency on fuel importation and alleged subsidy payments. This demand comes despite the recent fixing of local refineries. Speaking to journalists in Abuja on Tuesday, the group’s National Coordinator, Okwa Dan, condemned the continued importation of fuel while Dangote Refinery is producing and exporting refined petroleum. “Why is NNPCL planning to import one million tons of fuel in February when we have local refining capacity?” Dan questioned. The group also raised concerns over disguised subsidy payments, despite the official removal of subsidies by the Tinubu administration. Dan accused NNPCL of economic sabotage, saying, “It’s puzzling why NNPCL prioritizes foreign refiners over local production.” The Concerned Citizens of Nigeria urged the government to buy from Dangote Refinery to save forex, strengthen the local economy, and reduce inflationary pressure. “Instead of weakening the Naira with unnecessary imports, the government should support local refining and protect Nigeria’s economic interests,” Dan emphasized. The group stressed that the time for deception and economic waste is over, calling on President Tinubu to act decisively and end fuel importation. “We urge the President to support local refining, protect Nigeria’s economic interests, and ensure transparency in the oil and gas sector,” Dan concluded.

BORNO STATE GOVERNOR ANNOUNCES PETROL SUBSIDY FOR FARMERS IN INSURGENCY-HIT COMMUNITIES

Governor Babagana Umara Zulum of Borno State has announced a significant reduction in the cost of petrol for farmers in insurgency-hit communities, from N1,200 to N600 per litre. This move aims to alleviate the financial burdens faced by farmers in communities that have suffered economic and infrastructural destruction due to years of conflict. The subsidy was announced during the flag-off ceremony for the distribution of farm inputs to over 5,000 farmers in Bama town, who were previously displaced by Boko Haram insurgents. Governor Zulum emphasized that the subsidy would help address one of the major challenges faced by farming communities in the area, namely the increasing cost of fuel for irrigation farming. “One of the major challenges that are facing the farming communities here as regards irrigation farming is the increasing cost of fuel. As a result, I want to announce to the general public that government will procure petroleum products and sell to the farmers at a subsidised rate,” Governor Zulum said. In addition to the petrol subsidy, the governor also distributed farm inputs to support the farmers. This initiative is part of the state government’s efforts to boost agricultural productivity and enhance food security in the region. Governor Zulum has also promised to construct additional tube wells for irrigation farmers, with over 100 already built and plans for an additional 250. The governor’s announcement has been welcomed by farmers in the region, who have been struggling to cope with the high cost of fuel and other agricultural inputs. The subsidy is expected to help reduce the financial burden on farmers and enable them to increase their productivity and contribute to the region’s food security.