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Showing posts from January 25, 2014

Fuel Scarcity Looms as PPPRA Delays Imports Allocation

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Tankers in depots                                                                                                            Nigerians may be heading for another fuel crisis as the Petroleum Products Pricing Regulatory Agency (PPPRA) is delaying the release of the import allocation to the oil marketing and trading companies for the first quarter of 2014. The oil marketers have been waiting for the PPPRA to release the allocation after they submitted their applications since last year. The marketers have become increasingly apprehensive as January rounds off without the PPPRA releasing the approval for marketers to import products. We gathered that the marketers have exhausted their import allocation for the fourth quarter of 2013. The relevant officials of the PPPRA could not be reached for comment last night but a source at the Nigerian National Petroleum Corporation (NNPC) told THISDAY that the import allocation for the NNPC and the marketers for the first quarter were yet

Presidential, National Assembly Elections Hold February 14, 2015

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INEC Chairman,  Attahiru Jega   Governorship, assembly poll for February 28   Ekiti - June 21, 2014; Osun - Aug 9, 2014 By Chuks Okocha, Omololu Ogunmade, Onyebuchi Ezeigbo, Shola Oyeyipo  , Toba Suleiman   and Yinka Kolawole           Presidential and National Assembly elections will hold on February 14, 2015, the Independent National Electoral Commission (INEC), has announced. In a three-paragraph statement released last night, the commission, also fixed governorship and State Assembly elections for February 28, 2015. It also slated the governorship elections in Ekiti and Osun States for June 21 and August 9, 2014 respectively. Both states had their 2007 governorship elections annulled by the courts and the tenure of the incumbent governors commenced almost four years ago. The commission's statement signed by its Secretary, Augusta Ogakwu, said the release of the time table was the outcome of a retreat in Kaduna. With the release of time table for the general elec