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Subsidy Removal: Oil marketers bring in first shipment of  PMS

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Monday, disclosed that oil marketers have commenced the importation of Premium Motor Spirit (PMS), better known as petrol.

Mega Icon Magazine recalled that  President Bola Tinubu had during his  May 29 inaugural address, declared that “fuel subsidy is gone”.

This latest development indicates that the monopoly of the Nigerian National Petroleum Company (NNPC) Limited has come to an end.

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, made this known during a stakeholder engagement in Lagos.

He added that out of the 56 oil marketing companies that applied for and obtained licences, 10 indicated the ability to import in the third quarter of 2023, while three had “landed cargo”.

Ahmed listed the three companies currently importing the product to include, A.Y. Ashafa, Prudent Energy, and Emadeb, explaining that others would import between August and September.

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Bank Robberies Now History in Lagos Since 2014 – IGP

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The Inspector General of Police, Kayode Egbetokun, has declared that the era of armed and bank robberies in Lagos State is a thing of the past, attributing the success to the collaborative efforts between the police and the state government.

Egbetokun made this statement on Thursday during the 18th Annual Town Hall Meeting on Security organized by the Lagos State Security Trust Fund (LSSTF). He noted that since 2007, only one bank robbery had been successfully executed in the state, which occurred in 2014.

“There was a time when armed robbery and bank robbery were common in Lagos. However, I can confidently say that since 2007, only one bank robbery succeeded, and that was as far back as 2014. The days of armed robbery and bank robbery are gone,” he said.

The IGP commended the Lagos State Government for its consistent support, emphasizing the critical role it has played in maintaining security in the bustling economic hub of the nation. He highlighted the challenges posed by the state’s continuous internal migration, with thousands of people moving into Lagos daily, creating additional security demands.

“What we are doing here today is the usual assistance the state government has been giving to the police. Without this, we would have been overwhelmed with insecurity in Lagos State,” Egbetokun added.

At the event, Governor Babajide Sanwo-Olu further demonstrated his administration’s commitment to security by donating over 250 brand-new patrol vehicles, along with hardware, communication gadgets, and protective gear to the police.

In his address, Sanwo-Olu outlined the government’s efforts to scale up the use of technology and data for improved security and traffic monitoring. He revealed plans to deploy drone technology for surveillance of waterways and densely populated areas.

“The EGIS component of our mapping and digitalization has almost been completed. Lagos is now properly mapped, and drone technology will be deployed to enhance monitoring, crowd management, and traffic assessment. This will ensure real-time responses to incidents,” the governor explained.

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Chad Terminates Military Partnership with France

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Chad announced Thursday that it was ending military cooperation with former colonial power France, just hours after a visit by French Foreign Minister Jean-Noel Barrot.

“The government of the Republic of Chad informs national and international opinion of its decision to end the accord in the field of defence signed with the French Republic,” foreign minister Abderaman Koulamallah said in a statement on Facebook.

Chad is a key link in France’s military presence in Africa, constituting Paris’s last foothold in the Sahel after the forced withdrawal of its troops from Mali, Burkina Faso and Niger.

“This is not a break with France like Niger or elsewhere,” Koulamallah, whose country still hosts around a thousand French troops, told AFP.

At a press briefing after a meeting between President Mahamat Idriss Deby and Barrot, Koulamallah called France “an essential partner” but added it “must now also consider that Chad has grown up, matured and is a sovereign state that is very jealous of its sovereignty”.

Barrot, who arrived in Ethiopia on Thursday evening, could not immediately be reached for comment.

– ‘Historic turning point’-

Chad is the last Sahel country to host French troops.

It has been led by Deby since 2021, when his father Idriss Deby Itno was killed by rebels after 30 years in power.

The elder Deby frequently relied on French military support to fend off rebel offensives, including in 2008 and 2019.

It borders the Central African Republic, Sudan, Libya and Niger, all of which host Russian paramilitary forces from the Wagner group.

Deby has sought closer ties with Moscow in recent months, but talks to strengthen economic cooperation with Russia have yet to bear concrete results.

Koulamallah called the decision to end military cooperation a “historic turning point”, adding it was made after “in-depth analysis”.

“Chad, in accordance with the provisions of the agreement, undertakes to respect the terms laid down for its termination, including the notice period”, he said in the statement, which did not give a date for the withdrawal of French troops.

The announcement comes just days after Senegal’s President Bassirou Diomaye Faye indicated in an interview with AFP that France should close its military bases in that country.

“Senegal is an independent country, it is a sovereign country and sovereignty does not accept the presence of military bases in a sovereign country,” Faye told AFP on Thursday.

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House of Reps Confirms Oluyede as Chief of Army Staff

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The House of Representatives has confirmed the appointment of Olufemi Oluyede as the Chief of Army Staff (COAS).

 

 

While the constitution does not make provision for confirmation of appointments by the House of Representatives, the lawmaker adopted a report of its ad–hoc committee on the confirmation/screening of the Acting Chief of Army Staff and Thursday, confirmed the appointment of Lieutenant General Oluyede as the Chief of Army Staff.

 

Chairman of the committee Babajimi Benson in presenting the report, said Lt. Gen. Oluyede had satisfied all requirements.

 

 

 

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