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Senators are proposing to increase the powers of the Central Bank of Nigeria to enable it to use gold to strengthen the country’s reserves. According to a Bloomberg report on Tuesday, a draft bill before the Senate has put forward a raft of policies that, if passed, would make the CBN the automatic off-taker for
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The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, on Friday called on President Bola Ahmed Tinubu to destroy forces frustrating the smooth operation of Dangote Refinery and sack anyone who has failed to carry out their duties in the petroleum sector. Primate Ayodele said Dangote has tried his best by building a refinery
Destroy cartel frustrating Dangote Refinery, sack minister, Lokpobiri – Primate Ayodele to Tinubu
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, on Friday called on President Bola Ahmed Tinubu to destroy forces frustrating the smooth operation of Dangote Refinery and sack anyone who has failed to carry out their duties in the petroleum sector.
Primate Ayodele said Dangote has tried his best by building a refinery to serve Nigeria and Africa but there are forces frustrating his efforts.
In a statement by his media aide, Oluwatosin Osho, Ayodele said there is a strong cartel in the oil industry and that if care was not taken, the repaired refineries in Nigeria will shut down again because there are people working against its success.
He said: ‘’There is already a problem in our petroleum sector. Dangote has tried his best but there are forces frustrating his efforts.
“Even if the FG repairs all these refineries, there are saboteurs that will work against the success. There is a cartel working for NNPC and the one NNPC is working for.
‘’In a couple of months, some of our refineries will shut down again because people are against the success. This government needs directives to know what to do and this is why this government will not get it right.
“The Minister of Petroleum doesn’t know what he is doing; the GMD of NNPC doesn’t know what he is doing. If these people don’t take charge, petroleum will become N1,500/litre in 2025.
‘’Dangote should be commended for his efforts at building such a gigantic refinery. It’s unfortunate that some people in government came from nowhere to discredit Dangote’s refinery. These are things the government and those who stole Nigeria’s money couldn’t do. Even if Dangote stole Nigeria’s money, he has utilized it very well.”
‘’The government must do the right thing by reviewing NNPC activities and the Minister, Heineken Lokpobiri, who knows nothing.
“He is one of the ministers that should be removed or transferred out of the sector with immediate effect, otherwise, Nigeria will buy petrol for N1,500 and they are going to import adulterated petroleum because of the Minister and NNPC’s negligence,’’ he added.
Destroy cartel frustrating Dangote Refinery, sack minister, Lokpobiri – Primate Ayodele to Tinubu
A retired Permanent Secretary in the Ministry of Physical Planning and Urban Development, Lagos State, Kunle Adegboye, has urged the Federal Government to compel Nigerian youths, especially in the North, to embrace education to reduce the high level of banditry and kidnapping in Nigeria. He gave this advice during an interview with PUNCH Online on
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A retired Permanent Secretary in the Ministry of Physical Planning and Urban Development, Lagos State, Kunle Adegboye, has urged the Federal Government to compel Nigerian youths, especially in the North, to embrace education to reduce the high level of banditry and kidnapping in Nigeria. He gave this advice during an interview with PUNCH Online on
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that the new capital requirement for banks operating in the country will enhance their capacity to drive financial inclusion. Cardoso made this statement on Tuesday at the second International Financial Inclusion Conference themed, Inclusive Growth: Harnessing Financial Inclusion for Economic Development, held in
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The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that the new capital requirement for banks operating in the country will enhance their capacity to drive financial inclusion. Cardoso made this statement on Tuesday at the second International Financial Inclusion Conference themed, Inclusive Growth: Harnessing Financial Inclusion for Economic Development, held in