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800 Petrol Tankers Converted To Supply Gas — Marketers



Oil marketers are now changing some of their trucks to start distributing gas to filling stations in order to dispense compressed natural gas to automobiles that run on gas.

It was gathered on Thursday that roughly 800 tankers, which had previously been used to transport gasoline to gas stations, were being modified by marketers to begin transporting gas to retail establishments.

The marketers also disclosed that certain filling stations that supplied Premium Motor Spirit, more commonly known as gasoline, were now colocating CNG dispensing pumps.

They stated that the move gained momentum after the halt in PMS subsidy by the Federal Government, following the announcement by President Bola Tinubu, on May 29, 2023, that ‘subsidy is gone’.

The Federal Government had been pushing for the use of CNG by motorists, as against the widespread consumption of PMS. Gas, according to operators, was not only cheaper than subsidised petrol but was cleaner and very abundant in Nigeria.

The National President, Independent Petroleum Marketers Association of Nigeria, Chinedu Okonkwo, said, “Some of my members have started signing up to dispense gas at their stations, as well as the collocation of gas in their outlets. One of the major independent marketers has given over 500 of his trailers for conversion to transport gas to filling stations.”

He, however, pleaded not to name the owners of the stations, explaining that the dealers would not want to have their names in print at the moment, in order not to expose their businesses.

Explaining further, he said, “There are some new tankers too, over 300 of them have also indicated interest to have CNG (Compressed Natural Gas) trucks. These trucks are to serve filling stations that would be dispensing gas to vehicles.

“What we will do is collocate the gas dispensing plants in a plug-and-play model with existing filling stations. That is the beauty of it and that is why IPMAN is very keen on this project because there is no Local Government or ward in Nigeria today that you won’t see my members.

“We control over 80 percent of the downstream oil sector. So it is an advantage for us. For if you are to build new gas or CNG stations, it will take a huge cost. But this collocation model has helped to reduce the exposure in terms of building new stations.”

The push for the conversion to gas usage in vehicles further gained traction on Wednesday when the Depot and Petroleum Products Marketers Association of Nigeria met with Tinubu at the State House and promised to provide 100 units of CNG/diesel-powered, 50-seater buses to ease mobility among the most vulnerable citizens.

The Managing Director, North-West Petroleum & Gas Company Limited, Winifred Akpani, who spoke for the group, had revealed at the meeting that the new locally-manufactured buses would cost N100m each and would run on gas.

Meanwhile, the IPMAN president also told our correspondent that marketers were being asked to pay additional amounts for petrol that was not supplied to them before subsidy on the commodity was removed.

He said the Nigerian National Petroleum Company Limited, the sole importer of the commodity, had asked oil marketers to make the payment, adding that the extra cost was between N13m and N14m.

According to him, “The other thing that is of concern to my members is that some of them paid for products over three months ago and have not loaded these products. And when the NNPC changed the cost of PMS recently, it is asking them to bring extra N14m or N13m; that is a problem.

“They (marketers) are saying that the NNPC should provide the products that were paid for before the price was increased. That is the challenge I have now. Some of these marketers were on the verge of loading before the price was increased.”

“But NNPC said everybody has to pay the new price because the product has not entered the trucks of those who paid the old rate. I have pleaded with the Vice President of NNPC to see what the company can do.”

The Group Chief Executive Officer, NNPCL, Mele Kyari, reacted to this during a recent television interview, where he stated that “the immediate adjustment is typical anytime there is a price adjustment, even for other commodities in the market.

“For instance, if you buy tomatoes today and the price changes, a businessman will sell the old stock at the new price. This is the reality of the market and it applies to every commodity and not just petrol.

“It also could have been the other way round, prices could have collapsed downwards and those holding the stock will have to sell at lower prices to arrive at the market condition.”

Kyari insisted that it was “really nothing strange,” adding that “it is a stock management issue and is very typical and no one can do anything about this.”


Italian Bags 24 Years Jail Term For Beating Physically Challenged Nigerian To Death



Filippo Ferlazzo, the Italian who beat Italy-based Nigerian man Alika Ogorchukwu to death in July 2022, has been sentenced to 24 years in prison.

The 39-year-old Nigerian who was beaten to death in the Italian city of Civitanova Marche in the Marche Region in the Province of Macerata has finally received justice.

Abike Dabiri-Erewa, Chairman of the Nigerians in Diaspora Commission (NIDCOM), made the announcement in a statement signed by NIDCOM spokesperson Gabriel Odu on Thursday.

Dabiri-Erewa who expressed satisfaction over the justice meted out to Ferlazzo commended the Nigerian Mission in Rome for following through with the case and other cases involving Nigerians.

“I am glad that this case finally got justice. Like I always say, there has to be consequences for actions”.

The NIDCOM boss also urged Nigerians in the diaspora to remain law-abiding, excel in what they do, and never forget home by giving back to their homeland.

She also exhorted Nigerians living abroad to uphold the law, be the best at what they do, and never forget their roots by supporting their home country.

According to the Italian police, Ogorchukwu was assaulted while strolling in broad daylight, after the Nigerian asked Ferlazzo’s fiancée to buy him a handkerchief.

With the use of Ogorchukwu’s crutches, the attacker battered the victim to death in front of multiple witnesses, some of whom made videos on their smartphones.

On July 30, 2022, Ferlazzo was detained and arrested on charges of having murdered Ogorchukwu and having stolen Ogorchukwu’s phone.

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Lagos Government Implements Total Ban On Street Trading, Hawking To Improve Safety And Sanitation



In a bid to create a cleaner, safer, and healthier environment, the Lagos State government, under the auspices of the Ministry of Environment and Water Resources, has implemented a comprehensive ban on street trading, hawking, and related illegal activities.

This landmark decision aims to address the rising concerns over public safety, traffic congestion, and the preservation of vital infrastructure.

Led by the dynamic Commissioner for Environment, Mr. Tokunbo Wahab, the state government has assigned the Lagos State Environmental Sanitation Corps (commonly known as KAI) with the responsibility of ensuring strict compliance with the newly enforced environmental sanitation laws.

One of the primary reasons driving this ban is the need to curb the nefarious activities of hawkers who have increasingly resorted to disguising themselves as vendors while preying on unsuspecting motorists. These incidents of theft and robbery have not only threatened the safety of commuters but have also contributed to the disruption of traffic flow on major highways and streets.

Governor Babajide Sanwo-Olu’s administration, with its T.H.E.M.E Plus Agenda, is exhibiting a zero-tolerance approach towards street trading, hawking, and other illicit practices. By intensifying efforts to enforce these regulations, the government aims to foster a more conducive and orderly business environment while addressing the concerns of the general public.

The ban extends to the construction of illegal structures on drainage systems, as they pose significant risks to the local water management infrastructure. Additionally, the prohibition encompasses the display of wares on walkways, a practice that not only obstructs pedestrian movement but also contributes to unsightly and cluttered public spaces.

Citizens and traders are urged to cooperate fully with the Lagos State Environmental Sanitation Corps, adhering to the newly implemented regulations in order to promote a more organized and hygienic society. The government’s commitment to ensuring the health and safety of its residents remains resolute, and these measures signify a significant step towards achieving that goal.

As the Lagos State government takes proactive steps towards creating a cleaner, safer, and more sustainable urban environment, the hope is that this ban will not only elevate the quality of life for all residents but also serve as a model for other regions to follow suit.

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Marketers Urge Federal Government To Address Rising Gas Prices



The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has urged the Federal Government to develop measures to keep gas prices stable and make it available to ordinary Nigerians.

The NALPGAM National President, Abideen Olatunbosun, made this plea during the association’s 36th annual general meeting/conference on Tuesday in Ibadan, Oyo State, with the theme “Expanding gas utilisation beyond imagination.”

He added that if nothing was done to stop the price growth, petrol will soon become a commodity for the few wealthy.

Olatunbosun said, “It is very vital for me to say that the galloping hike in the price of gas in recent times stands as a big challenge to LPG marketers. The government need to find ways to ensure the stability of gas price as well as make gas available to the common Nigerians. If nothing is done to the increase in price, gas will soon be a commodity for the few rich in our society.”

“As a country, we need to improve on our gas utilisation level. If we adopt gas, it will save our forest, improve quality of our lifestyle and the economy will grow. The hike in price of gas is a concern to all.”

In his lecture, the Guest Speaker, Prof Sunday Isehunwa of the Department of Petroluem Engineering, Faculty of Technology, University of Ibadan, identified changes in demand, changes in supply, natural gas production and consumption, changes in price and electricity pricing as some challenges facing LPG market in the country.

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