Punch Newspaper Review

Punch Newspaper Headlines (Wednesday, 17 February, 2021 Edition)

Fuel pump prices

Good Morning Nigeria! Hope you all are doing your part to help stop the spread of COVID-19!

Here’s our picks on today’s top buzzy stories on Punch Newspaper. We prepare it as a quick-read for our visitors who also enjoys Punch News.

Marketers raise petrol price to N170, depots suffer shortage

Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa. Our correspondent observed that some filling stations in Lagos and Ogun states increased the pump price of petrol to N170 per litre on Tuesday from N162 per litre.

Some of the stations were Capital Oil and Gas, Fatgbems and Amo Oil, all along the Lagos-Ibadan Expressway. Another station, Enyo Retail, adjusted its pump price to N165 per litre from N162.

The National Operation Controller, Independent Petroleum Marketers Association of Nigeria, Mr Mike Osatuyi, told our correspondent that members of his association had to increase the pump price because they bought the product at N160-N161 from depot owners.

ACF, Afenifere, others fault Buhari’s silence on herders’ menace

The Pan-Niger Delta Forum, the pan-Yoruba socio-political organisation, Afenifere, and the Arewa Consultative Forum, on Tuesday, challenged the President, Major General Muhammadu Buhari (retd.), over his silence on killings and kidnappings by herdsmen.

The PANDEF, Afenifere and the pan-northern group, the ACF, in separate interviews with The PUNCH, challenged the President to speak out on killings by herders.

The ACF specifically stated that there was nothing wrong in a statement by the Ondo State Governor, Rotimi Akeredolu, who asked Buhari to condemn killer herdsmen publicly. Condemning Buhari, PANDEF stated that the continued silence of the President on the killings and attacks by herdsmen in some parts of the country was suggestive that he had sympathy for them.

EFCC defends new chair as graft allegation surfaces

The Economic and Financial Crimes Commission on Tuesday absolved its new Chairman, Abdulrasheed Bawa, of allegations of corruption.

A few hours after the President, Major General Muhammadu Buhari (retd.), appointed him as the EFCC chairman on Tuesday, there were reports of his involvement in corruption.

But the commission defended him, saying he had no corruption record. The EFCC Spokesman, Mr Wilson Uwujaren, said this in a statement on Tuesday while reacting to reports that Bawa was arrested and removed from his position as Port Harcourt zonal head of the commission for allegedly diverting 224 forfeited trucks.

Ogun monarch alleges arms build-up as Makinde, Abiodun host northern govs

The Onimeko of Imeko, Oba Benjamin Olanite, has raised the alarm that arms and ammunitions are being imported into Ogun State.

The monarch, who spoke during a stakeholders’ meeting in Abeokuta on Tuesday, which was attended by some northern governors, said the whole of Yewaland had been infiltrated with arms and ammunition.

He said the development had exposed people living in the area to serious attacks by armed herdsmen. He lamented that farmers in the area had suffered huge losses, which might not be recoverable on time except they got help from the government.

Nigeria moving towards disintegration, Abdulsalami warns

A former military Head of State, General Abdulsalami Abubakar, has warned that the country may disintegrate if Nigerians do not remain calm and united in the face of recent challenges.

While expressing dismay over the recent attacks in parts of the country, Abdulsalami called on governors to take full responsibility for managing the divergent voices and frustration in their states that could fuel disunity, anarchy and disintegration.

“As if the continued insurgency in the country, the kidnapping and armed robbery is not cup full, the recent happenings in some part of the country of ethnic attacks are unfortunate and adding to the problems,” he stated.

FG subsidises electricity by N50bn monthly, says minister

The Federal Government has been subsidising electricity supply across the country to the tune of over N50bn monthly, the Minister of Power, Sale Mamman, has said.

He said the subsidy spendings were because the government was worried by the incessant complaints by ordinary Nigerians over the unavoidable and periodic increase in the cost of electricity.

Mamman said the funds were provided to augment the shortfall by the power distribution companies who had failed to defray the cost of bulk electricity supplied to them by the generating companies.

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