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
FG Inaugurates Anti-Corruption and Transparency Unit in Youth Ministry
The Federal Government has inaugurated the Anti-Corruption and Transparency Unit (ACTU) of the Federal Ministry of Youth Development, in collaboration with the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Speaking at the inauguration, the Permanent Secretary, represented by the Director of Education and Youth Development (EYD), Mr. Kabir Mohammad, described the event as a significant milestone in the Ministry’s commitment to transparency, accountability, and good governance.
He expressed gratitude to the ICPC for its guidance and support in establishing the unit, acknowledging the dedication and hard work of the Ministry’s staff in making this initiative a reality since its separation from the Ministry of Sports.
“To the newly inaugurated members of the ACTU, I charge you to discharge your duties with integrity, professionalism, and commitment to excellence. Your role is critical in ensuring that our Ministry operates with transparency, accountability, and integrity,” Mr. Mohammad stated.He also urged Heads of Departments and Units to collaborate with the ACTU, particularly on integrity and compliance matters, noting that these areas are crucial to the annual performance evaluation of Ministries, Departments, and Agencies (MDAs) in alignment with ICPC principles.
In his goodwill message, Mr. Olusegun Adigun, representing the ICPC Chairman, emphasized the importance of the ACTU in advancing the Ministry’s vision.
“Aligned with the Ministry’s vision of empowering Nigerian youth to succeed in all fields of life through dedication, unity of purpose, and commitment to national development, the ACTU will serve as a strategic instrument to support the Ministry in achieving its objectives through its mandated duties,” Mr. Adigun stated.
He further advised the Ministry’s leadership to create an enabling environment for the ACTU by granting it representation in standing committees, in accordance with the government circular Ref No: OHCSF/SPSO/CSTD/314, dated October 5, 2016.
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