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Human Right Group Accuses Mele Kyari of shortchanging Nigerians
Human Right Group Accuses Mele Kyari of shortchanging Nigerians
A civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Monday, accused the Nigerian National Petroleum Company Limited under its Group Managing Director, Mele Kyari, of allegedly shortchanging Nigerians.
National Coordinator of HURIWA, Comrade Emmanuel Onwubiko, in a statement, backed the Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), and faulted the N6.34tn subsidy payment on Premium Motor Spirit (popularly called petrol).
“HURIWA wonders why Nigeria has not hired a World class forensic auditors that are credible enough and can’t be compromised to comprehensively audit the total litres of fuel consumed in Nigeria since most transactions on petroleum products are metred a across the Country and so it does not take Rocket Science to scientifically and accurately ascertain how much volumes of local fuel consumptions that take place in the entire Country daily,” the student said.
…NNPC Group CEO Mele Kyari.
Ali, a retired Army Colonel, had last week during a presentation before the House of Representatives Committee on Finance in Abuja, said NNPC cannot scientifically prove the 98 million litres per day consumption it was claiming, alleging that the nation’s oil company was supplying an excess of 38 million litres of PMS daily.
The Federal Government is proposing a budget with estimates totalling N19.76 trillion, while the deficit will hover between N11.30 trillion and N12.41trillion in the 2023 fiscal year.
However, the NCS boss said the issue was not about smuggling of petroleum products as claimed by Kyari at a State House briefing last week.
“If we are consuming 60 million litres of PMS per day, by their own computation, why would you allow the release of 98 million litres per day? If you know this is our consumption, why would you allow that release?
“Scientifically, you cannot tell me that if I fill my tank today, tomorrow, I will fill the same tank with the same quantity of fuel. If I am operating a fuel station today and I go to Minna depot, lift petrol and take it to Kaduna, I may get to Kaduna in the evening and offload that fuel. There is no way I would have sold off that petrol immediately to warrant another load. So, how did you get to 60 million litre per day? That is my problem,” Ali had stated.
However, HURIWA said: “It is shameful how two government agencies are contradicting themselves publicly. Col. Hameed Ali (retd.) has thrown an open challenge at his NNPC counterpart and Nigerians are waiting for the explanation of Mele Kyari.
“It is no doubt that the NNPC is shortchanging Nigeria and Nigerians using vacuous and bogus subsidy claims because for now, it is not clear if any open and public records exist to show these details to allow for transparency and accountability which are the hallmarks of good governance. This is condemnable. It is particularly shameful that the regime of President Muhammadu Buhari and the All Progressives Congress failed Nigerians after criticizing past administrations over failure to stabilise the production capacity of NNPC refineries to allow for home refining of crude oil. The country’s refineries have been run aground in the last seven years since President Muhammadu Buhari came into office and has been the substantive Minister of Petroleum Resources. If this is not a national shame, then Nigerians wonder what it is.
“To think that the President himself is the Petroleum Minister for seven years now is utterly perplexing. Rather than working, the current regime has been engaging in alleged round tripping scams in the name of subsidy regime. This is despicable for a government in an economic crisis. This is shown in the fact that even at the top most levels, the officials can’t say exactly why it costs the public a humongous sum to subsidise fuel locally consumed.
“HURIWA also condemns the practice of Vice President Yemi Osinbajo running to the World Bank to ‘help’ Nigeria stop subsidy when as a sovereign entity ruled by an elected administration, Nigeria should work out home-grown economic formula to close the yawning gaps and leakages that results in ballooning funding claims from the petroleum subsidy subhead of the budget. Nigerian leaders should stop playing to the gallery and exposing the Country as a Banana Republic.”
Lagos House Demolition: 9 Things to Know Before Buying or Building in Lagos by Dennis Isong
Sahara Weekly Reports That When embarking on the journey of purchasing land in Lagos, Nigeria, it is crucial to navigate the process with diligence and awareness. Acquiring the necessary certificates is a pivotal step to ensure a secure and lawful transaction. Here are some important certificates you should possess during the land-buying process in Lagos:
1. Certificate of Occupancy (C of O):
The Certificate of Occupancy is a primary document issued by the Lagos State Government that confirms the legal ownership and right to use a particular land. It outlines the terms and conditions under which the land is held and can be obtained through the state’s land registry.
2. Survey Plan:
-A Survey Plan is essential for defining and delineating the boundaries of the land. It provides an accurate representation of the property’s dimensions, shape, and geographical features. A licensed surveyor must prepare this document, and it should be approved by the Office of the Surveyor General.
3. Deed of Assignment:
This legal document serves as evidence of the transfer of ownership rights from the seller to the buyer. The Deed of Assignment should be drafted by a legal professional and registered at the Land Registry to make it legally binding.
4. Governor’s Consent:
If the land has a Certificate of Occupancy, obtaining the Governor’s Consent is necessary for the transfer of ownership. It involves an application to the state governor, and upon approval, the consent is endorsed on the Deed of Assignment.
5. Excision:
An Excision signifies the release of a portion of land from government acquisition. It is especially crucial for lands situated in areas that were previously marked as government-owned. A valid Excision grants legitimacy to the land title and should be confirmed with the relevant authorities.
6. Approved Building Plan:
Before any construction activities commence, it is mandatory to have an approved building plan from the appropriate government agency. This ensures that the proposed structure complies with urban planning regulations and standards.
7. Tax Clearance Certificate:
A Tax Clearance Certificate from the seller is necessary to verify that all property taxes have been paid. It is a requirement for the processing of some land-related documents and helps ensure a clean and legal transaction.
8. Environmental Impact Assessment (EIA):
In some cases, an Environmental Impact Assessment may be required, particularly for large-scale developments. This assessment ensures that the proposed project complies with environmental regulations and mitigates potential negative impacts.
9. Receipts of Payment:
Retain all receipts of payments made during the transaction. This includes payments for the land, survey, legal fees, and any other associated costs. These receipts serve as proof of transaction and can be crucial in case of any disputes.
Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041
Dollar Tumbles Against Naira At Parallel Market
Sahara Weekly Reports That The naira sustained its appreciation against the United States dollar at the parallel market as it appreciated on Friday, from N1,160 to N1,155.
This represents 0.43 percent (N5) gain than N1,160 exchanged on Thursday at the parallel market.
It could be recalled that the naira had steadied in the parallel market on Wednesday and Thursday as it sells for N1,160 respectively.
However, the forex turnover, on Thursday, hit $105.50million according to data from NAFEM, the Nigerian Autonomous Foreign Exchange Market, the market trading segment for Investors, Exporters and End-users.
The turnover represents the amount of dollars traded at a particular trading day.
Although the rate is still unpalatable to the business community and Nigerians at large but a management consultant, Babatunde Adeniji, said the naira crisis is being largely driven by speculation following the country’s liquidity challenge.
“In terms of price, for the short time it is speculation that drives things. If you are a trader and you want to take a bet, with the level of distrust of the government, with no clear visible assurance of where the dollar is coming from to stabilise the naira, which position would you take? You are bound to take the position skewed towards the dollar,” he stated.
He said the country would begin to heave a sigh of relief when the authorities can pay up all the backlog of foreign exchange forwards with sufficient liquidity to meet pending obligations.
“Nigeria as a country does not have enough dollars to meet its promise. If we don’t do things that are substantial and visible, all that grammar would not help.
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