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NNPC, CBN, Work out 90 Days Jet Fuel Cushion for Airliners

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.Operators to have JetA1 Import Licence

By Joseph Amah, Abuja

The Nigeria National Petroleum Corporation (NNPC) Limited, Central Bank of Nigeria (CBN) and airline operators have agreed to provide six million litres of aviation fuel at N480 a litre for three months.


It was part of the agreements reached at the end of the meeting summoned by the House of Representatives on Monday to avert airline operators’ planned shutdown.
 


On Friday, the Airline Operators of Nigeria (AON) announced a plan to shut down operations from Monday over the high cost of aviation fuel.


The group complained that aviation fuel, also known as Jet A1, has reached an all-time high of N700 per litre.
Speaker of the House of Representatives, Femi Gbajabiamila, announced the resolutions after about four hours of the meeting.


Gbajabiamila said the Central Bank of Nigeria (CBN) has agreed to provide the aviation fuel at N480 — in what seems like a forex subsidy — pending when the carriers would be granted license to import the commodity.
“In the long term, you commence the process of applying for your own licence to be able to import your own jet fuel. So that it will be removed, whether it is middlemen or frontmen or whatever. You will know the landing cost to assist you in your business,” he said.


“There is the benevolence of the CBN governor that six million litres available now at N480. You will get an allocation in the next three months through the companies (marketers) that you have nominated so that you would not come back and say jet fuel is now a certain amount and it is the fault of the NNPC. You have nominated those people that are selling to you.”
As a long-term solution, the speaker said the airline operators must commence the process of securing a license for the importation of aviation fuel to avoid suspicion over the landing cost of the product and other associated logistic issues.


While appreciating all the stakeholders for the efforts put in at resolving the issue at stake, he thanked the airline operators for being nationalistic in calling off the strike.
“I hope that the outcome of this meeting will usher in a lasting solution to these challenges of Jet A1 bearing in mind that there is a laissez-faire economy of demand and supply,” he added.


Speaking at the meeting, Allen Onyema, vice-president of AON, said the scarcity can be addressed if airliners are allowed to purchase aviation fuel directly. 
“We were told here at the last meeting that fuel would be sold to us at N500 which we protested that it was still on the high side because even when fuel was selling at N200 or N250, the operating cost was about 40 per cent,” he said. 


“It rose to N400 and N450, and that was when we were alarmed, and you noticed that everybody tweaked his inventory when we now raised our base fare to about N50,000, which did not address the matter. 
“We were invited to the House, and when we came here, it was reached that they would give us fuel at N500 within three days. That never happened. We continued writing, and nothing happened. 
“Much later, we were invited by the midstream and downstream authority and we were told that the president approved 25,000 metric tonnes for us as a palliative to help us. We were very grateful to the president. We were happy. We were told to nominate marketers that would market this product for us. 


“We were told to have a meeting with these marketers. We called all the marketers and held a meeting with them. We decided the logistics, so they would take their logistical costs and everything, and at the end of the day that fuel was getting to them, they told us at N335, so we put everything together, and it would be getting to less than N400 for the cost, and we said even if they sell to us at N450 it would be okay.


“We were told that a week later that is when the consignment would be arriving in Nigeria and when this happened, the next we got to hear from the marketers was that they had already been given the consignment that we were all jostling for. So we waited thinking that they would sell as agreed. They never.”


Onyema said the matter was reported to Mele Kyari, group managing director of the Nigerian National Petroleum Company (NNPC) Limited, but no action was taken.
“I called the MD of NNPC in the presence of our members. He replied, saying there was no way there would leave us to get direct products that was dangerous,” he said. 
“With due respect, Mr Speaker, we were not striking. We did not intend to go on a strike. It was not a strike. What AON was saying on Friday when we released our communique was that we do not have the money anymore to pay.”


Speaking at the meeting, Kyari said aviation fuel cannot have a fixed price because it is a deregulated product. 
“So you cannot hold unto any price and indeed what you have seen in the media is N700 reference point. It cannot be a reference point. It depends on the market condition. It can be higher than N700 depending on the market. This market shifts. As we speak, it is closely related to the price of crude oil,” he said.


“It is our role to ensure we intervene. We did. We brought in products so that we can dampen the price. In March and April, we brought in cargo and made it available to the entire industry at N460. There is a build-up to that price. When the customer takes marine at N435, he has to transport, he has to the charter vessel, bring it to his depot, to his fuel station and transport it. So there cannot be two same price in Lagos and Maiduguri.
We cannot fix the price. We cannot ask for N500. We cannot say it must be below N600 or N700.


On his part, Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, said the apex bank has no control over the flow of the dollar.
“We do not have forex to sell. It would be difficult for us to grant any concession. It means we would be taking a hit or we would be providing some sort of subsidy for the industry,” he said.

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Nigeria’s Problems Beyond Tinubu, Ask Governors LG Chairmen

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By Tony Bazim

Many Nigerians blame President Tinubu for everything happening in the country, but have we taken time to ask the right questions?

Every month, Local Government Chairmen receive allocations.

What projects are they using these funds for? How is your local community benefiting?

State Governors also receive federal allocations and generate billions through taxes and other sources of revenue.

How are these funds being spent? Are the roads, schools, hospitals, and other public services reflecting the amount of money received?

Good governance starts with accountability at every level, not just at the top.

If we focus all our attention on the President while ignoring those closest to us, we may be overlooking a big part of the problem.

As citizens, we should demand transparency from our Councillors, Local Government Chairmen, Governors, House of Assembly members, and every public office holder entrusted with our resources.

Nigeria will make greater progress when we stop asking only, “What is the President doing?” and start asking, “What is every elected official doing with the resources entrusted to them?”

Let’s ask the right questions.

AskTheRightQuestions #Accountability #GoodGovernance #Nigeria

For comments, contributions, or discussions:
beco.tony@gmail.com

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Stakeholders Demand Enforcement of Kogi Urban Planning Law

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From Joseph Amedu, Lokoja

Stakeholders in Kogi State’s built environment sector have called on the state Government to urgently enforce the Kogi State Urban and Regional Planning Law of 2010, warning that continued neglect of the legislation is fueling unregulated development, environmental degradation and urban disorder across the state.

The call was made during the Annual General Meeting (AGM) and Symposium of the Nigerian Institute of Town Planners (NITP), Kogi State Chapter, held in Lokoja over the weekend.

The event, themed “Urban and Regional Planning in Kogi: Trajectory, Legal Issues and Prospects,” brought together town planners, policymakers, academics, and other professionals in the built environment to discuss strategies for sustainable urban development.

Speaking at the event, the outgoing Chairman of the institute, Stephen Nden, lamented that although the Nigerian Urban and Regional Planning Law of 1992, as amended, was domesticated in Kogi State in 2010, it has remained largely inactive. He urged the government to immediately implement the law to enable professional town planners to effectively guide physical development and curb the growing trend of uncoordinated urban expansion.

According to him, “The implementation of the Urban and Regional Planning Law will empower town planners to effectively guide the physical growth of our urban centres and ensure orderly development. It is unfortunate that a law domesticated over a decade ago remains inactive despite the enormous benefits it offers.”

Nden stressed that achieving sustainable development requires collective efforts from all stakeholders in the built environment sector.

He further urged members of the institute to uphold professional ethics and strengthen collaboration with government agencies, local government councils, and academic institutions.

A resource person at the symposium, Ramatu Baba, expressed concern over the state’s failure to fully implement planning laws, noting that several environmental and developmental challenges, including illegal mining activities and indiscriminate construction, are linked to poor planning and weak enforcement mechanisms.

She said, “The absence of effective planning frameworks has contributed significantly to illegal mining activities and environmental degradation. Government must strengthen planning institutions and ensure strict compliance with development control regulations.”

Baba also decried the shortage of qualified town planners and other professionals in the sector, warning against construction on natural waterways and flood-prone areas.

Chairman of the Planning Committee, Dr. Baba Adams Ndalai, emphasized that without the full implementation of planning laws and the establishment of a functional Urban and Regional Planning Board, cities and towns across the state would continue to witness chaotic growth.

He stated that Kogi State possesses immense potential for sustainable urban development if the right policies and political will are deployed.

Dr. Ndalai advocated the adoption of smart city initiatives, climate-resilient infrastructure, and inclusive spatial planning systems, adding that Geographic Information Systems (GIS) could significantly improve land administration and increase internally generated revenue.

“The future of Kogi lies in embracing technology-driven planning solutions. Through GIS-based planning and land management systems, governments can improve development control, monitor land use changes, reduce disputes, and strengthen revenue generation,” he said.

Chairman of the occasion and former National President of the NITP, Chief Isah Ichaba, urged members to remain united and committed to advancing the planning profession.

He noted that stronger collaboration among professionals would enable the institute to play a more effective role in shaping government policies and promoting sustainable development.

At the end of the AGM, members elected a new executive council to pilot the affairs of the Kogi State Chapter. Sani Daniel emerged as Chairman, while Femi Ayanleye was elected Vice Chairman. Other officers include Aishat Mohammed Jamiu (Secretary), Enikanolaye Isaac Adebowale (Assistant Secretary), Zainab Salau (Treasurer), Abdullahi Shaaban Aminu (Financial Secretary), Atodo Kerim Smaila (Auditor), Oshamehin Deborah (Public Relations Secretary), Yakubu Umar Onimisi (PRS II), Samuel Afolagbode (Social Welfare Secretary), Stephen Jonathan Nden (Ex-Officio I) and Michael Alhassan (Ex-Officio II).

In his acceptance speech, the newly elected Chairman, Sani Daniel, pledged to provide inclusive and result-oriented leadership aimed at strengthening the institute and advancing physical planning across the state.

Daniel disclosed that the AGM adopted several recommendations, including the preparation of comprehensive master plans for Lokoja and other major urban centres, implementation of the Urban and Regional Planning Law of 2010, development of a state-wide regional development plan covering all 21 local government areas, recruitment of more planning professionals, establishment of stronger institutional coordination mechanisms, integration of climate adaptation and post-mining reclamation strategies into planning policies, and full deployment of GIS technology in development control activities.

He added that the institute would collaborate with other professional bodies to create a stronger built environment advocacy platform capable of supporting government efforts in achieving sustainable urban development and making Kogi State a more attractive destination for investment and tourism.

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South Korea Election Chief Offers to Resign over Ballot Shortages

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South Korea’s National Election Commission (NEC) chairperson, Roh Tae-ak, on Friday offered to resign following a widespread shortage of ballot papers that disrupted voting in Seoul during this week’s local elections.

Roh made the announcement during a press briefing at NEC headquarters in Gwacheon, south of Seoul, expressing deep responsibility for the incident and apologising for eroding public trust in election management.

“The situation undermined voters’ confidence and participation in local elections, and I feel devastated as chairman,” Roh said.

NEC Secretary-General Heo Cheol-hoon also offered to resign, Roh added.

The presidential office said it “takes seriously” the resignations and called for a comprehensive review of election management procedures to restore public trust.

Officials stressed the need for the NEC to provide a clear explanation and implement strict follow-up measures.

The NEC plans to establish an independent committee of outside experts to investigate the cause of the shortage and propose preventive steps.

Ballot paper shortages were reported at more than a dozen polling stations in Seoul, including Songpa and Gangnam districts, causing temporary suspension of voting.

Some voters reportedly left without casting their ballots after waiting.

Protesters later gathered at a polling station in Jamsil, Songpa Ward, alleging election fraud and obstructing officials from transporting ballot boxes.

Police dispersed the crowd and transferred approximately 2,000 ballots to a counting centre.

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