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Home > Fuel Scarcity
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Fuel Scarcity

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Kwara Govt speaks on subsidy Palliatives, inaugurates distribution committee

by Andrew Mailafia August 18, 2023
written by Andrew Mailafia

Kwara State Government has confirmed it had received N2 billon out of the N4 billion fuel subsidy relief funds that the Federal Government released for purchase of rice to be distributed en masse to vulnerable members of the public in the state.

The state also said it awaits a balance of N2bn of the funds as well as N1bn worth of maize (40,000 bags) which the Central Bank of Nigeria is selling to each state from the national strategic reserve.

Explaining the details of the N5bn Federal Government’s relief package earlier reported in the media, the Chief Press secretary to the Governor, Rafiu Ajakaye said that each state is to receive N4bn to purchase bags of rice in the current market value and distribute same to citizens in the state, with the most vulnerable persons as the first priority.

“Each state is to also receive N1bn worth of maize from the strategic national reserve through the Central Bank of Nigeria. This is not in form of cash; it is maize. As of Friday August 18, 2023, the Kwara State Government has received N2bn of the N4bn. It awaits the balance. The state also awaits the maize from the CBN. It is important to mention that 48% (N1, 920,000,000.00) of the N4bn is a noninterest loan that will be paid back over a period of 20 months at N120, 000,000.00 monthly. This deduction begins in November.

“The state government has consequently ordered immediate purchase of rice in the value of the amount.

The governor however to encourage transparency mandated the kwara State Police commissioner, Ebun Adelesu who will be supported by the Emir Shonga Dr. Haliru Yahya, state chairman of Jama’átu Nasrul Islam and Christian Association Chairman (CAN) chairman (or their representatives), Dr. Lawal Olohungbebe and Mrs Grace Funke Bolaji (both representing CSOs); chairman of the Nigerian Institute of Public Relations Dr (Mrs) Saudat Abdulbaqi, Mr. Steven Awoyale (youth), a representative of the DSS, a female representative each from the ‘disability’ community and the Nigeria Union of Journalists (NUJ), and Permanent Secretary (General Service) in the Office of the Secretary to the State Government Alhaji Abdulrahman Ameen Babatunde (Secretary).

He noted that further details on the palliatives will be released by the committee.

“Similarly, the state government hereby confirms receipt of the remaining three trucks of the bags of rice. The government had on August 8, 2023 announced delivery of two truckloads of bags of rice, while awaiting three more.

“Distribution of the remaining three truckloads has commenced through various channels of reaching out to the public, including lawmakers who represent the 24 state constituencies and other stakeholders in the state.”

The State Government urged that these palliatives be shared in the spirit of fairness to all, particularly to the most vulnerable persons, because it is simply impractical for everyone to get at the same time.

August 18, 2023 0 comments
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Headlines

NNPC; why fuel queues have returned

by Folarin Kehinde May 9, 2022
written by Folarin Kehinde

The Nigerian National Petroleum Company Ltd, NNPC, has revealed that the recent fuel queues in Abuja is likely caused by low loadouts at depots which usually happens during long public holidays.

The NNPC disclosed this in a statement on Sunday night while reacting to re-appearing fuel queues in Abuja.

The Corporation added that it is working with its marketing partners to take necessary measures to ramp up loadouts from all depots.

What the NNPC is saying

Reacting to mild queues in the Federal Capital, they said, “The NNPC Ltd notes the sudden appearance of fuel queues in parts of Abuja. This is very likely due to low loadouts at depots which usually happen during long public holidays, in this case, the Sallah celebrations.

“Another contributing factor to the sudden appearances of queues is the increased fuel purchases which is also usual with returning residents of the FCT from the public holiday.”

NNPC disclosed that the Nigerian Midstream and Downstream Petroleum Regulatory Authority in conjunction with its marketing partners have taken necessary measures to ramp up loadouts from all depots.

“We assure all residents of the FCT, and indeed all Nigerians, that we have ample local supplies and national stock in excess of 2.5 billion litres, with sufficiency of more than 43 days.

“The NNPC Ltd hereby advises motorists not to engage in panic buying as supplies are adequate as will become increasingly evident in the coming days,” it said.

May 9, 2022 0 comments
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