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Kano NNPP Accuses APC of Plans to Buy PVCs

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The New Nigeria Peoples Party in Kano State has allegedly uncovered plans by the ruling All Progressives Congress to reduce the number of people having Permanent Voter Cards in the state by luring and seizing the cards from their original owners with the purpose of disenfranchising the owners.

This is just as the party noted that, for the very first time in the history of governance in Kano State, the incumbent has turned government affairs into a family affair, as, according to the NNPP, evidently seen in government policies and appointments.

The party alleged that it is more worrisome, sad and disastrous that the “anointed APC governorship” candidate has sworn by the Holy Qur’an to continue with these uninterrupted destruction of Kano State.

The party made these allegations in a communiqué issued at the end of a sensitisation workshop organised by the party for its governorship, senatorial, House of Representatives, state house of assemblies’ candidates and party executives held on September 15 in Kano.

The communiqué said it was a pointer to the state government’s abandonment of its primary responsibilities of protecting lives and properties of the citizens by being myopic and driven by sentiments, emotions, vendetta, and self-enrichment.

According to the communiqué jointly signed by the workshop chairman, Garba Diso, and secretary, Hamisu Ali, the workshop called for quick solutions to the threat of disenfranchisement and urged the Independent National Electoral Commission to, as a matter of urgency,  publish and paste the names of all uncollected PVCs in order to create awareness for the rightful owners to claim them.

“Among other issues highlighted by the workshop were the destruction of the educational system following the closure and de-boarding of Unity Schools; non-payment of all examination fees by the state government to WAEC, NECO, and NBAIS; delayed and non-payment of scholarship allowances to foreign and local students; and the creation of non-educationally friendly environment within school premises through the construction of corner shops in schools like the Northwest University, Kano,’’ the communique said.

The communique noted that Kano State is now one of the leading states in terms of drug abuse and thuggery under the watch of Governor Umar Ganduje and his administration, adding that the Kiru Rehabilitation Centre, which was established by the Kwankwaso’s administration for drug abuse, has since been closed down by Ganduje’s administration.

Another disturbing issue raised by the workshop is that of land-grabbing and dubious allocations and selling of land to intentionally deface Kano State. It stated that despite the mechanisms put in place by the previous administrations to control illegal and sub-standard buildings, the government of Governor Ganduje intentionally allowed these illegal practices with government approval, which have resulted in flooding, building collapse and even death.

It, therefore, expressed utmost concern over the flooding and collapse of buildings that occurred recently at Kantin Kwari and Civic Centre markets respectively which led to loss of lives and properties, among others, just as it extended its profound condolences and sympathy to all those affected by the disaster “on behalf of the national leader/presidential candidate of the party, Rabiu Kwankwaso, the state executives, the party governorship (candidate) and his running mate, Senatorial, House of Representatives, and State Assembly candidates.’’

The workshop declared total support of the NNPP’s position in the state, reiterating that the 2023 elections must be completely different from previous ones, adding that the party will do all it can within the ambit of law to ensure that the 2023 elections are free, fair and credible.

The Punch

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FG Halts Planned 15% Import Duty on Diesel, Petrol

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Thursday, announced discontinuation of the planned 15 per cent duty on imported petroleum products.

NMDPRA’s Director, Public Affairs Department, George Ene-Ita, conveyed the development in a statement while warning the public to shun panic buying.

President Bola Tinubu, on October 29, approved an import tariff on petrol and diesel, a policy expected to raise the landing cost of imported fuel.

The President’s approval was conveyed in a letter signed by his Private Secretary, Damilotun Aderemi, following a proposal submitted by the Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji.

The proposal sought the application of a 15 per cent duty on the cost, insurance, and freight value of imported petrol and diesel to align import costs with domestic market realities.

Implementation was slated to take effect on November 21, 2025.

The policy aimed to protect and promote local refineries like the Dangote Refinery and modular plants by making imported fuel more expensive.

While intended to boost local production, it is also expected to increase fuel costs, which could lead to higher inflation and transportation prices for consumers.

Experts have argued that the move could translate into higher pump prices for consumers, with some estimating an increase of up to N150 per litre or more.

In an update, however, NMDPRA said the government was no longer considering going ahead with implementing the petrol import duty.

“It should also be noted that the implementation of the 15% ad-valorem import duty on imported Premium Motor Spirit and Diesel is no longer in View,” the statement read in part.

Meanwhile, the NMDPRA also assured all that there is an adequate supply of petroleum products in the country, within the acceptable national sufficiency threshold, during this peak demand period.

“There is a robust domestic supply of petroleum products (AGO, PMS, LPG, etc) sourced from both local refineries and importation to ensure timely replenishment of stocks at storage depots and retail stations during this period.

“The Authority wishes to use this opportunity to advise against any hoarding, panic buying or non-market reflective escalation of prices of petroleum products.

“The Authority will continue to closely monitor the supply situation and take appropriate regulatory measures to prevent disruption of supply and distribution of petroleum products across the country, especially during this peak demand period.

“While appreciating the continued efforts of all stakeholders in the midstream and downstream value chain in ensuring a smooth and uninterrupted supply and distribution, the public is hereby assured of NMDPRA’s commitment to guarantee energy security,” the statement added.

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Senate Approves Tinubu’s N1.15tr Domestic Loan Request to Fund 2025 Budget Deficit

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The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit.

The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during plenary on Wednesday.

The committee noted that the 2025 Appropriation Act provides for a total expenditure of N59.99 trillion, representing an increase of N5.25 trillion over the N54.74 trillion initially proposed by the Executive.

This expansion created a total budget deficit of N14.10 trillion. Of this, N12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately N1.15 trillion (N1,147,462,863,321).

In a related development, a motion by Senator Abdul Ningi was adopted, directing the Senate Committee on Appropriations to intensify its oversight to ensure that the borrowed funds are properly implemented in the 2025 fiscal year and used strictly for their intended purposes.

President Tinubu had on November 4th requested the approval of the National Assembly for a fresh ₦1.15 trillion borrowing from the domestic debt market to help finance the deficit in the 2025 budget.

The President’s request was conveyed in a letter. According to the letter, the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.

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Senates Rejects NNPCL’s Explanation, Orders Refund of N210trn to Govt

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The Senate has rejected the explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding the ₦210 trillion outstanding against the oil firm.

It came to the conclusion on Wednesday that the money, which had not been accounted for, must be refunded to the Federation Account by the company.

The Senate Committee on Public Accounts chaired by Aliyu Wadada, which has been on the probe for months, took the decision on Tuesday after the Group Chief Executive Officer (GCEO) of the NNPCL, Bayo Ojulari, failed to turn up at its resumed sitting at the National Assembly.

The session was called to give the NNPCL the opportunity to make clarifications on the answers the company provided to the 19 questions the panel asked the firm about the ₦210 trillion.

Following a review of the operations of the NNPCL from 2017-2023, the committee sighted the unexplained transaction, totaling ₦103 trillion (accrued expenses) and ₦107 trillion (receivables) in the audited financial statements of the firm, prompting it to raise the queries.

After weeks of back-and-forth between the committee and the NNPCL, the NNPCL eventually responded to the 19 questions.

However, at a resumed session, Senator Wadada frowned at the absence of  Ojulari, whom the committee said gave no reasons for staying away, consequently rejected the explanations.

The Chairman of the committee, Senator Aliyu Wadada, while speaking on the panel’s findings, said the responses were not only unsatisfactory, but were also contradictory.

“NNPC claimed ₦103 trillion as accrued expenses and ₦107 trillion as receivables -amounting to ₦210 trillion. On question eight, NNPC’s explanation on the ₦107 trillion receivables -equivalent to about $117 billion -contradicts available facts and evidence provided by NNPC itself. The committee is duty-bound to reject this,” he stated.

Wadada further questioned how the firm could pay ₦103 trillion in Cash Calls to Joint Venture (JV) partners in 2023 alone, despite generating only ₦24 trillion in crude revenue between 2017 and 2022.

“Cash Call arrangements were abolished in 2016 under the President Muhammadu Buhari administration. How can NNPC claim to have paid ₦103trn in one year, when it only generated ₦24trn in revenue over five years? Where did NNPC get that money?

“As far as this committee is concerned, that figure is unjustifiable and unacceptable. The ₦103 trillion must be returned to the Treasury. This will be concluded when the NNPCL appears before us,” he stated.

The committee said it would have been better for the current management of the NNPCL to admit that it encountered challenges in explaining what happened to the funds than giving contradictory answers to the questions.

“If the present management of NNPCL is finding it difficult to provide acceptable answers, it is better they say so. The committee will not hesitate to subpoena former officials of NNPCL and NAPIMS,” Wadada added.

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