FG slams oil marketers’ greed to profiteer from high cost of fuel, orders NMDPRA to sanction erring filling stations

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● As FEC approves N117bn for Oloibiri oil and gas Museum, research center

● Says Nigeria Air will soon fly

The Federal Government has slammed oil marketers for their brazen greed to profiteer from the high cost of fuel in some parts of the country.

The government renewed its directive to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to sanction erring filling stations.

Minister of state for petroleum resources, Timipreye Sylva, said these while fielding questions from State House Correspondents at the end of the Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari in the Council Chambers.

Sylva collaborated what the chairman of Independent National Electoral Commission (INEC), Mahmood Yakubu, said earlier when he briefed the council, and promised that the distribution challenge associated with the current scarcity would not hinder the operations of the election.

Nigerians and non-Nigerians in some parts of the country now pay as high as between N300 and N650 for a litre of petrol, well above the official pump price.

Meanwhile, the FEC has approved N117 billion for the construction of the Oloibiri Oil and Gas Museum and Research Center, more than six decades after oil was prospected in commercial quantities in the town.

According to Sylva: “Council has approved a contract for the construction of the Oloibiri Oil Museum and Research Center to Messrs Julius Berger PLC, at the sum of N117 billion, with a completion timeframe of 30 months.

“This project has been on the drawing board for so long. The first time foundation stone was laid for this project was in the early 80s by President Shehu Shagari.

“So, this actually is a milestone and it is expected to be a major legacy of Mr President in the Niger Delta.”

Asked how he would ensure that petroleum scarcity would not have an impact on the elections, Sylva said: “This is quite unfortunate; we are not happy at all about what is going on. Every hand is on the deck. As I said earlier, the Ministry of Petroleum is not in control of all the factors that lead to scarcity in the sense that there are Foreign exchange issues as well and other issues.

“But at the moment, today, there is supply, but unfortunately, we are experiencing some bottlenecks with the distribution and movement of the product to various destinations for now.

“I want to assure you that everything is being done; the NNPC Limited, NMDPRA, the marketers, everybody’s hands are on deck to ensure that this problem is resolved and to also inform you today that we had a briefing from INEC and INEC has also engaged NNPC and NNPC has assured INEC that petroleum products supply to INEC will not be a problem and so that will not likely affect the election at all.”

On what the government was doing to alleviate the hardship brought by fuel scarcity and why he was turning a blind eye on the hardship, the minister said: “We have reports of profiteering by marketers, and I’ve directed NMDPRA to sanction anybody who profiteers on this kind of situation.

“I mean, we cannot stand by and watch our citizens being exploited by marketers. But of course, I’ve given that directive and I don’t know if it has not taken effect. I don’t know the details of how far that directive has been carried out.

“But I’m going to still further give that directive, if that is still the situation, but definitely we are not paying a blind eye at all.”

On the effectiveness of monitoring agencies under his ministry in carrying out orders, he said: “There are laws. You know how these things happen, there are definitely laws and this is a democratic system. Of course, they can’t go against the law themselves, the regulators can’t also go against the law.

“So, it is only through the processes provided for by law that this regulations can be carried out. So I will direct an NMDPRA further to ensure that nobody profiteers on the citizens of Nigeria.”

Also at the FEC meeting on Wednesday, the Ministry of Aviation got an approval for the Airport maintenance and technical support for Mallam Amino Kano airport for the sum of N712 million.

The Minister of Aviation, Hadi Sirika said: “So, today in Council, Aviation had one memo and this memorandum is a contract that was awarded to CCECC and it is for the airport maintenance and technical support at Malam Aminu Kano International Airport, Kano and for a period of 12 months and the sum of the contract is N721,266,733.64 and the memorandum was approved.“

On Nigeria Air, Sirika said: “Nigeria Air will soon start flying; we’ve got the aircraft ready; they’re painted in the colours. We’ve crossed all the Ts and dotted the Is. We’re at stage five of the AOC issuance by NCAA. Once that is done, the airline will begin to fly.“

The ministers said th airline will begin operations soon l, adding that: “the issuance of the AOC is in the hands of NCAA; but I know it will be very soon, with an emphasis on soon. So as soon as we get the AOC, then we fly.”

He responded to a question on the reported court case instituted by other airline operators against Nigeria Air.

“There’s no injunction against Nigeria Air’s operation, to my knowledge.

“…The grievances by some airlines, for example United, Azman, Max Air, Air Peace, if you are referring to that case that they instituted. I have no comment about it.

“I thought you were talking about something different, but if it’s that case, you had asked me before on this platform and I told you that it was subjudice, it’s in court, so I can’t talk about it.”

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