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Real Reasons we refused to Market Bukky Fagbuyi’s new film ‘ Sekunola’ – YVFPMA President, Alhaji Abudulahi Rasaq of Corporate pictures

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sekun orii

 

 

Up and rising Yoruba actress, Bukky Fagbuyi is currently embroiled in a cold war of sort with Yoruba Video Film Producers and Marketers Association (YVFPMA) led by Alhaji Abdulahi Rasaq of Corporate Pictures, over the release of her new film ‘Sekunola’. Information reaching Potpourri has it that the marketers association refused to distribute the film and asked its various distribution channels to shun having anything to do with the actress and  her film.

 

However, the actress went on to release the film on DVD to the market on Monday, November 16, 2015 through  an independent marketer, a non-member of the Yoruba Video Film Producers and Marketers Association (YVFPMA), Integrity Productions and Marketing.

Since then, speculations have run wild on social media on what went wrong between the actress and the marketers association, with much of the finger-pointing directed at the president of the association. Some have said the association is only trying to frustrate the release of the film, having failed to strike a good deal with the producer in view of the big hype that greeted the film after its successful premieres in many countries including the United States of America.

To set the record straight, Potpourri had a chat with Alhaji Abdulahi Rasaq of Corporate Pictures and President, Yoruba Video Film Producers and Marketers Association (YVFPMA).

 

What is the problem between Bukky Fagbuyi and Yoruba movie marketers, over the release of her film “Sekunola”?

We don’t have problems with anybody. Every association has its rule and we are not exempted. Our association protect the collective interests of our members and clients. We don’t disturb anybody from doing his or her business. I also have the constitutional right to protect the interest of my members. We have a standard rule in our association. Films must be approved by our Film Release Committee before it is released into the market and such film must be in a circular. This rule has been in existence for many years. Also, our members have been instructed not to sell films that are not in our circular. I don’t think we have done anything outside our constitution. Anyone can sell anything of his or her choice but our members are guided by our own rules and regulations and have to obey the rules of the association.

 

Must your association be the only one to release a film into the market?

No. Every Nigerian has the right to belong or not to belong to an association. What I have been discussing with you is the “Marketing Right”. I don’t really interfere in the business dealings between our members and their clients. But as the President of the association, my primary assignment is to protect the interest of my members and also ensure they abide by the rules of the association. I also need to stress that I can’t control or monitor the activities of a marketer who is not a member of our association. However, it is not only our members that are selling films in Nigeria. We should begin to learn to do things in the right way as Nigerians.

 

So, why are you boycotting marketing of her film?

My point is this, anyone who wants to release a film has to follow some rules. He or she has to apply to our Film Release Committee, who will submit the documentation to Nigeria Film Censor Board. We have to see that the person must have agreed to all our rules and regulations , when this is done, then we will put the film on the list of films to be released into the market. The point is this, a non member of an association cannot enjoy the benefits of the association. Our association is well structured. We don’t have problems with anyone releasing a film in Nigeria but if the film is to be released by a member of my association, then it has to follow our rules to the last letter. When a person is not our member, we don’t have business with that person. In fact, the film was not submitted and as such, won’t be released. We didn’t receive any application. It is not done in any part of the world. No one can enjoy benefits from an association he or she doesn’t belong to. How do you expect my members to sell your films, when you are not our member? At the same time, there is freedom of association. Even our members have to submit their films into our circular, screened and approved, before their films are released. Otherwise, other members will not market the film.

 

 

 

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.
The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.
“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.
The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.
Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.
The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.
This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.
Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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