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No Hike In Fuel Price -PPPRA, NNPC

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The Nigerian Petroleum Products Pricing Regulatory Agency (PPPRA) has on Thursday cleared air on the the speculations alleging increase in pump price of Premium Motor Spirit (PMS), also known as petrol after a publication on it’s website about pump price.

In a statement titled “Press Release on PMS Guiding Price” signed by its Executive Secretary, Abdulkadir Saidu denied that the agency has increased pump price of Petrol and noted that the posted guiding prices indicate market trends, not increase in pump price.

The statement reads:

“The attention of the Petroleum Products Pricing Regulatory Agency (PPPRA) has been drawn to speculations about the increased pump price of PMS.

The PPPRA by this release wishes to state clearly that the Guiding Prices posted on our website was only indicative of current market trends and do not translate to any increase in pump price of PMS.

However, publications by the media to this effect have been misconstrued and thus misleading.

The Agency wishes to remind the general public of the introduction of the Market Based Pricing Regime for PMS Regulation 2020 as gazetted by the Federal Government.

Based on this regulation, prices are expected to be determined by market realities in line with the dictates of market forces.

One of the conditions for the implementation of the Market-Based Pricing Regime for PMS Regulation 2020 is the monthly release of Guiding Price to reflect current market fundamentals.

The PPPRA in line with its mandate to maintain constant surveillance over all key indices relevant to pricing policy, monitors market trends on a daily basis to determine Guiding Prices.

The Agency is not unaware of the challenges with the supply of PMS due to some concerns leading NNPC to be the sole importer of PMS.

PPPRA is also mindful of the current discussion going on between the government and the Organised Labour on the deregulation policy.

While consultation with relevant stakeholders is ongoing, PPPRA does not fix or announce prices and therefore there is no price increase.

The current PMS price is being maintained while consultations are being concluded.

Even though market fundamentals for PMS in the past few months indicated upward price trends, the pump price has remained the same and we are currently monitoring the situation across retail outlets nationwide.

While assuring the public of adequate products supply as the average PMS DaySufficiency as of March 11, 2021 is over 35 days, the PPPRA pledges to continue to perform its statutory function in ensuring that the downstream sector remains vibrant as well as support both government and members of the public.”

In the same development, Nigerian National Petroleum Corporation NNPC has tweeted that there is no increase in the fuel price.

Oche Onu writes

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GRAZING ROUTE: Ortom Threatens Legal Action Against Buhari’s Presidency

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The Benue State governor, Dr. Samuel Ortom has threatened legal action against the Presidency if it decides to go ahead with the Grazing Reserve Policy.

In an interview with journalists in Makurdi on Sunday, Ortom insisted that the Constitution of the Federal Republic of Nigeria superceded the Northern Nigeria Law that provided for grazing reserves.

Governor Samuel Ortom

The governor insists that Benue will not concede any land for the grazing policy, especially as such lands do not even exist.

“The truth is that if the entire country had accepted ranching, then why is Mr. President insisting on open grazing when there is no land for such.

“In the 50s when this policy was initiated what was the population of Nigeria, it was less that 40 million but today we are more than 200 million. The 923 square kilometer is not even enough to cater for the population. The reason Mr. President is insisting to some of us, I think there is a hidden agenda.

“Mr. President has aides, the Attorney General of the Federation, Abubakar Malami (SAN) and other lawyers around him should advise him. For God sake it is laughable and it appears we do not know what we are doing.

“Under my watch, this state will not accept open grazing . I have already briefed my lawyers should Mr. President insist on going ahead with the Policy,” Ortom stated.

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The Fate of Christians in Afghanistan as Taliban takes over

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What a Taliban takeover in Afghanistan means for Christians

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HOW RACHEL ONIGA DIED AT 64

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Veteran movie actress, Rachel Oniga has passes away on Friday. According to the family, the actress died of heart disease.

The actress reportedly died Friday night in a hospital in Lagos.

In a statement yesterday by the deceased’s sister, Deaconess Toyin Odusote, Oniga, who passed away at the age of 64, had been battling the ailment for some time now.

The statement read in part:

“With a heavy heart and total submission to God, we write to announce the passing of our beloved sister, mother and grandmother, Chief Rachel Tabuno Oniga .

“She died in a Lagos hospital at the age of 64 , on Friday, July 30, 2021 at about 10 pm.

“Contrary to diverse reports informing that she died of COVID-19 complications, we write to inform the general public that she died of heart related issue, an ailment she battled for a short period before her demise.

“We accept her sudden transition as God’s design and we see it as a function of a race of life well finished.

“Painful as it may, we accept it in good faith and total submission to her Maker.

“We, therefore, desire to be allowed to mourn her death privately for now, as we do cause with deep sense of respect for her soul and the glorious life she lived.”

Burial arrangement would be announced in due course by the deceased’s family, the statement promised.

The deceased reportedly had been on Kunle Afolayan’s movie set in Mowe area of Ogun State since last week.

Biography and Profile of Rachael Oniga

An indigene of Eku in Delta State, Oniga was born on 23 May 1957 in Ebutte Metta, Lagos State. She began her acting career in 1993, shortly after her divorce. She worked briefly at Ascoline Nigeria Limited, a Dutch Consultant Company before her first movie titled Onome and her debut Yoruba movie was Owo Blow. Over the years, Oniga has featured in notable Nigerian films such as Sango, a movie scripted by Wale Ogunyemi, produced and directed by Obafemi Lasode and Wale Adenuga’s television series, Super story.She was one of the famous Nigerian Actresses who played a role of a mother in movies. Although featured mostly in Yoruba movies, she was also active in Nollywood English movies.Among the movies she featured are Sango in 1997, Out of Bounds in 1997, Owo Blow 1997, Passion of Mind in 2004, Power Of Sin, Restless Mind and Doctor Bello in 2013, 30 Days in Atlanta in 2014, The Royal Hibiscus Hotel in 2017, Power of 1 in 2018, The Wedding Party and My Village People 2021.

Oniga is survived by three children and several grandchildren.

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