COVER
Daily Asset 7th Annual Awards: Eminent Nigerians Receive Honours
By David Torough, Abuja
Eminent Nigerians who have distinguished themselves in their chosen careers on Thursday received various awards at this year’s Daily Asset 7th Annual Awards and Lecture.
The event which took place at the Nicon Luxury Hotel, Abuja also celebrated achievers and people of excellence.
Chairman of the occasion and former Governor of Taraba State, Rev Jolly Nyame who was represented by Chief Clifford Atile commended the management of Daily Asset newspaper and congratulated it for the height achieved, noting that the award to the recipients especially to the Taraba State governor, Agbo Kefas was well-deserved.
Man of the Year award was bestowed on the Governor of Borno State, Prof.
Babagana Zulum and Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Alhaji Mele Kolo Kyari.In a similar vein, the Benue State Governor, Rev Fr Hyacinth Alia and his Taraba State counterpart, Agbu Kefas were honoured as Governor of the Year, while the Chairman, Senate Committee on Finance, Senator Mohammed Sani Musa and Minority Whip, House of Representatives, Hon. Isa Ali both emerged for the category of Legislator of the Year while the Minister of Interior, Olubunmi Tunji-Ojo received the award as Minister of the Year.
Other categories of the awardees included: the State Assembly Speaker of the Year which was bestowed on the Speaker, Adamawa State House of Assembly, Bathiya Wesley while elder statesmen and former Governor of Plateau State, Senator David Jang, former Chairman, Economic and Financial Crimes Commission (EFCC), Mrs Farida Waziri and former Executive Director Exploration and Production of the defunct Nigerian National Petroleum Corporation (NNPC), Engr Abiye Membere were honoured as Life Time Achievers.
A Yola–based business mogul and renowned community leader, Dr Emmanuel Nachamada Musa was honoured as Philanthropist of the Year and the Vice Chancellor of Nnamdi Azikiwe University, Prof Charles Okechukwu Esimone emerged as Vice Chancellor of the Year, while Opay Digital Services Nig Ltd Fintech giant was honoured as Most Innovative Company of the (Fintech).
In like manner, Tantita Nig. Ltd bagged the award as Best Security Company of the Year while a Miss Adiya Egboja was awarded as the Youth Achiever of the Year.
Publisher/Editor-in-Chief of the Newspaper Company, Dr Cletus Akwaya in his address said the awardees were carefully selected by the management of Daily Asset newspaper owing to their positive contributions in society and to encourage them to do even more.
Akwaya said the newspaper has grown where it has now added a television station (Asset Tv) to better serve Nigerians in information dissemination and appreciated all those who have stood by it in the last seven years.
COVER
281 Inmates Missing from Custodial Centre after Borno Flood
By David Torough, Abuja
Nigerian Correctional Service (NCoS) has declared 281 inmates missing from the Medium Security Custodial Centre, Maiduguri, Borno State.
NCoS said this followed an evacuation after the flood that engulfed the state capital.
A statement onby the Service Public Relations Officer (SPRO), Mr Abubakar Umar yesterday in Abuja said seven other inmates had been recaptured.
Umar said that the service was in custody of the details of the missing inmates, including their biometrics.
“The flood brought down the walls of the correctional facilities, including the medium security custodial centre Maiduguri (MSCC) as well as the staff quarters in the city.
“Upon the evacuation of inmates by officers of the service with support from sister security agencies to a safe and secure facility, 281 inmates were observed to be missing.
“However, it is important to note that the service is in custody of their details, including their biometrics, which is being made available to the public.
“The service is working in synergy with other security agencies as both covert and overt deployments have been activated to look out for them.
“Presently, a total of seven (7) inmates have been recaptured and returned to custody, while efforts are on ground to track down the rest and bring them back to safe custody.“While this effort is on, the public is assured that the incident does not impede or affect public safety,” he said.
COVER
NNPCL Lifts Petrol from Dangote at N898 Per Litre
By Tony Obiechina, Abuja
After controversies, trucks from the Nigerian National Petroleum Corporation Limited (NNPCL) yesterday lifted petrol from the Dangote Refinery.
NNPCL revealed that Dangote Refinery sold the fuel at N898 per litre.
The national oil company began loading yesterday after moving about 300 trucks to the 650,000 capacity refinery Dangote Refinery located in Ibeju-Lekki, Lagos State.
Its spokesman, Olufemi Soneye was quoted as saying, “We successfully loaded PMS at the Dangote Refinery today [Sunday].
”“The claim that we purchased it at N760 per liter is incorrect.
“For this initial loading, the price from the refinery was N898 per liter.
”At least, over 70 trucks had loaded at the time of this report.
This marks an end to the month-long debate over the quality and sale of the Dangote petrol.
Speaking to newsmen at the refinery, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin described the commencement of the petrol lifting moment of pride to every Nigerian.
He said, “My President has been showing presentations that 52 years ago, we were trying to see how to solve the problem of PMS supply and the queues. Now, after 52 years, we have a solution.
“And the solution is local production of PMS and it is from a Nigerian oil company. And as EPC contractor, it was constructed by a Nigerian company.
“So, it’s a matter of pride that a Nigerian oil company, constructed by a Nigerian-owned company, is able to generate PMS from the local crude and daily will not only to meet the entire requirement of Nigeria, but can also have surplus to export. So, it is a time and moment of great pride to every Nigerian.”
Edwin said 44 percent of the PMS production from the Dangote refinery can meet the requirement of the entire country.
“If you look at the refinery as a whole, PMS alone, every day, 650,000 barrels of crude if we’re processing, we can generate more than 54 million litres of PMS.
“And, of course, the refinery has the capacity to produce various other products too. 44% of the production can meet the entire requirement of the country, 56% of the production has to be exported. “So, it is a huge refinery. So, it is not only going to be doing import substitution, but it is also going to make Forex generation through export revenue.
“The gantries are actually 86 and they can load 86 trucks at a go,” he said.
Last Friday, in Abuja, a member of the Presidential Committee on the Sale of Crude Oil and Refined Product and Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji confirmed that the NNPCL remains the sole buyer of petrol from the Dangote refinery while willing off-takers are free to lift diesel and other products from the refinery.
According to Adedeji, the NNPCL would further distribute to other independent marketers after lifting from the refinery.
He said the nation’s oil company will commence the sale of crude oil to the Dangote refinery in naira from October 1.
COVER
CBN Issues 30-day Deadline to Payment Service Providers on PoS Transactions
By Tony Obiechina, Abuja
Central Bank of Nigeria (CBN) has issued a new directive to Payment Service Providers (PSPs), requiring them to comply with enhanced routing guidelines for Point of Sale (PoS) transactions.This move is aimed at strengthening the monitoring of electronic transactions across Nigeria.
The directive issued on Wednesday aims at strengthening the monitoring of electronic transactions across Nigeria following CBN’s initiative to diversify the Payment Terminal Service Aggregator (PTSA) structure, which previously operated through a single aggregator. In a circular signed by Oladimeji Yisa Taiwo on behalf of the CBN Payments System Management Department, the apex bank mandates that all PoS transactions from merchant and agent locations—whether physical or electronic—must now be routed through any CBN-licensed PTSA.The directive is part of efforts to decentralize PoS transaction routing and address concerns over the centralization of such transactions under a single entity.In Aug. 2011, the CBN initially granted a PTSA license to the Nigeria Interbank Settlement System (NIBSS) Plc to serve as the sole aggregator of PoS transactions.However, to promote competition and enhance service delivery, the CBN awarded a second PTSA license to Unified Payment Services Limited (UPSL) on April 19.This development aims to reduce the dependence on a single aggregator for the management of PoS transactions, promoting transparency and operational efficiency in Nigeria’s growing electronic payments landscape.