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05012018 - FUEL SCARCITY, SUBSIDY: FG hopes on NASS to okay money for debt payments — BARU

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05012018 - FUEL SCARCITY, SUBSIDY: FG hopes on NASS to okay money for debt payments —

East-West road project not designed to fail "This project has been supervised by, at least, five ministers; three from the defunct Federal Ministry of Works and about two from the Ministry of Niger-Delta Affairs. None of these ministers, some of whom are solid professionals in their own right, had ever made such a satanic statement." G.E. Otobo replies Minister of Niger Delta Affairs, Usani Uguru Usani 22 23 Troops rescue Chibok girl, 2000 others 9 BADOO SAGA: I’ve been cleared twice, says Alaka, suspected kingpin 7 Correct location of proposed Maritime Varsity in Delta State SEE PAGE 12 ** ** VOL. 26: NO. 63457 FRIDAY, JANUARY 5, 2018 Aare Ona Kakanfo: Myths and legends Next weekend, the Yoruba nation gets a new Generalissimo, or Aare Ona Kakanfo. From Monday, your favourite companion serves you a menu that gives all you need to know about the title. Don't miss it. Only in Vanguard! Buhari "This is unacceptable given that NNPC had taken measures to ensure availability at all depots. I am determined to get to the root of this collective blackmail of all Nigerians and ensure that whichever groups are behind this manipulated hardship will be prevented from doing so again.” ong>FUELong> ong>SCARCITYong>, ong>SUBSIDYong>: ong>FGong> ong>hopesong> on NASS to okay money for debt payments BARUong>FGong> rolls out incentives for oil marketers, tanker drivers, labour •PPPRA to review pricing template, landing cost •CBN to guarantee forex supply, cut LC charges, grant waivers ong>SUBSIDYong>...IN THEIR WORDS Kachikwu “But the greatest difficulty in Nigeria is that people make allegations, but when you ask for evidence, even one, everybody now goes back into the safety nets. You cannot prosecute except you have evidence.” Baru Federal, Benue govts to collaborate to end Benue killings – Dambazzau “We have maintained our position that this scarcity is caused by marketers. The NNPC has more than 30-day sufficiency of supply of petroleum products, especially PMS and at the current consumption rate of about 28 million litres per day, we should be comfortable until the end of January 2018 even if we don’t import a drop of petrol into this country.” 40 DAPPMA “In the past, marketers bring in about 60% while NNPC brings about 35 to 40 per cent. But by the month of October, marketers completely stopped importing because there were no more subsidies. The burden of importing 100% now fell on NNPC.” IPMAN “The scarcity happened because NNPC was the only major party involved in importing the product. Other parties did not play much role.” DPR “We have sanctioned over 370 filling stations across the country found wanting in their discharge of duty. We forced filling stations to sell the product to customers at the pegged price of N145 per litre. 11 die as Omoku massacre continues 7 COLUMNISTS: LAKEMFA 31 SEE DONU KOGBARA 17 GWANGWAZO 31 INSIDE By Udeme Akpan, Michael Eboh and Ediri Ejoh THERE are indications that the National Assembly will soon appropriate funds for the settlement of N800 billion subsidy debts to oil marketers as part of moves to enable them import petroleum products. This was one of the recommendations of the Nigerian National Petroleum Corporation, NNPC, towards ending the prolonged fuel Continues on Page 5 Mr & Mrs

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