News
Bridging Payments For PMS Remains, Says NMDPRA
CHIDI UGWU, ABUJA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said it will continue to honour and process claims for bridging of PMS to ensure product availability nationwide.
Engr. Farouk Ahmed, the Authority Chief Executive, NMDPRA, said this on Thursday in Abuja when delegates from the National Association of Road Transport Owners (NARTO) paid a courtesy call on the Management Team of the Authority.
Ahmed said the Authority was aware of the fact that the signing of the Petroleum Industry Act (PIA, 2021), leading to the creation of the NMDPRA may have raised some uncertainty on the continuation of the bridging scheme; whether or not bridging funds will continue to be paid to beneficiaries.
He stressed further that NARTO as well as other stakeholders should not panic because all verified bridging obligations will be honoured and paid by the Authority.
Alhaji Yusuf Lawal Othman, the National President, NARTO, earlier informed the NMDPRA of the outstanding payments being owed its members by the Federal Government.
He expressed concern over the fact that some members were losing interest in the business of transporting PMS, which according to him, was no longer profitable. To this end, he made an appeal for the upward review of the bridging funds on the pricing template.
He urged Government to put in place policies that will not only address the current dwindling returns on investment but will in addition, stimulate investment in the transportation and logistics of petroleum products in the country.
Mr Ogbugo Ukoha, the Executive Director, Distributions System, Storage and Retail Infrastructure, NMDPRA, urged NARTO to continue being patriotic and ensure that it plays its part in ensuring PMS availability throughout the yuletide period, regardless of its current challenges.
News
Hon. Jabiru Abdullahi Encourages Nigerians to Embrace Eid Values of Sacrifice and Unity
By Joel Ajayi
The National Coordinator and Chief Executive Officer of AUDA-NEPAD Nigeria, Hon. Jabiru Salisu Abdullahi, has extended warm Sallah greetings to Muslims across the country as they celebrate Sallah
In a statement issued on Thursday by Ogwa Vivian Onyedibia, Senior Assistant on Media to the AUDA-NEPAD CEO, Hon. Abdullahi urged Nigerians to embrace the core values of sacrifice, unity, and compassion that define the season.
He emphasized that these principles are essential not only to the spiritual significance of the celebration but also to national development and peaceful coexistence.
“Eid is a time for reflection, sacrifice, and togetherness. As we celebrate, let us renew our commitment to building a more united, peaceful, and prosperous Nigeria,” he said.
Hon. Abdullahi expressed hope that the celebration would inspire a collective spirit among Nigerians and strengthen the bonds of love, empathy, and patriotism across communities.
He wished all Muslim faithful a joyous and fulfilling celebration, praying for continued peace and blessings upon the nation.
Barka da Sallah!
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