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The new PMS price will not be above N145 per litre – Minister of state for Petroleum

We have just finished a meeting of various stakeholders presided over by His Excellency, the Vice President of the Federal Republic of Nigeria. The meeting had in attendance the Leadership of the Senate, House of Representatives, Governors Forum, and Labour Unions (NLC, TUC, NUPENG, and PENGASSAN).

The meeting reviewed:

1. The current fuel scarcity and supply difficulties in the country.

2. The exorbitant prices being paid by Nigerians for the product. These prices range on the average from N150 to N250 per litre currently.

 3. The meeting also noted that the main reason for the current problem is the inability of importers of petroleum products to source foreign exchange at the official rate due to the massive decline of foreign exchange earnings of the federal government. As a result, private marketers have been unable to meet their approximate 50% portion of total national supply of PMS.

 Following a detailed presentation by the Honorable Minister of State for Petroleum Resources, it has now become obvious that the only option and course of action now open to the government is to take the following decisions:

1. In order to increase and stabilise the supply of the product, any Nigerian entity is now free to import the product, subject to existing quality specifications and other guidelines issued by Regulatory Agencies.

2. All Oil Marketers will be allowed to import PMS on the basis of FOREX procured from secondary sources and accordingly PPPRA template will reflect this in the pricing of the product. Pursuant to this, PPPRA has informed me that it will be announcing a new price band effective today, 11th May, 2016 and that the new price for PMS will not be above N145 per litre. We expect that this new policy will lead to improved supply and competition and eventually drive down pump prices, as we have experienced with diesel.

In addition, this will also lead to increased product availability and encourage investments in refineries and other parts of the downstream sector. It will also prevent diversion of petroleum products and set a stable environment for the downstream sector in Nigeria. We share the pains of Nigerians but, as we have constantly said, the inherited difficulties of the past and the challenges of the current times imply that we must take difficult decisions on these sorts of critical national issues.

Along with this decision, the federal government has in the 2016 budget made an unprecedented social protection provision to cushion the current challenges. We believe in the long term, that improved supply and competition will drive down prices.

 The DPR and PPPRA have been mandated to ensure strict regulatory compliance including dealing decisively with anyone involved in hoarding petroleum products. Thank you.

SIGNED

HONOURABLE MINISTER OF STATE FOR PETROLEUM RESOURCES

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Entertainment

These new football rules would be introduced ahead of Euro 2016

The International Football Association Board are introducing a new set of rules ahead of Euro 2016 tournament. Read them below.
– Players can receive medical treatment without leaving the pitch if the foul committed on them earns a card.
– Free-kicks for offside are taken from where the offence takes place rather than from where the player was flagged for offside.
– Players no longer need to wait for a break in play to return to the pitch after changing their equipment.
– Interference from personnel not involved in the match (i.e. substitutes or staff) is punishable by a direct free-kick rather than an indirect one.
– The referee can take disciplinary action from warm-up rather instead of when the teams first walk out to begin the match.
– Kick-offs don’t have to go forwards over the line – they can be passed backwards.
– Changes to penalties – such as the kick is not over until the ball stops moving. In the Moroccan Cup final a goalkeeper saved a penalty and ran off to celebrate but the ball spun back into his net.
Source: Fox Sports
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Entertainment

72 year-old woman gives birth to her first child.

The couple welcomed a baby boy after years of fertility treatment.

Daljinder Kaur, a 72-year-old woman and her 79-year-old husband Mohinder Singh Gil, have welcomed their first child baby boy
after 46 years of marriage. She welcomed their bundle of joy after two years of treatment using donor eggs at a fertility clinic in Haryana, northern India.
The couple faced obstacles and social stigma because of their inability to conceive; they couldn’t afford fertility treatment and a boy they adopted in the 1980s went to the US to study and never returned.
She told AFP news agency. “God heard our prayers. My life feels complete now. I am looking after the baby all by
myself. I feel so full of energy. My husband is also very caring and
helps me as much as he can.”

The baby has been named Arman.
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Entertainment

Football to introduce penalty goals


Luis Suarez was sent off for a blatant handball 'save' on the goal-line in the 2010 World Cup quarter-final stage, but it helped his team win the match and progress in the tournament

As part of revision of handball law, The International Football Association Body (IFAB) is set to introduce penalty goals.

Citing an incident during the 2010 World Cup quarterfinals in South Africa, when Uruguay’s Luis Suarez punched the ball off the goal-line just before the end of extra time, the new rule states that a goal would be awarded when a player uses his hand or arm to stop the ball on the goal line.  No penalty would be given, and the team wouldn’t have to worry about the penalty being missed, the goal will be automatic. 

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Entertainment

Manchester United unveil 2016/17 away kit.

. Modelled by Luke Shaw, Juan Mata and Ashley Youn, the new jersey is made from a dark blue mélange fabric. It features Adidas and club logos  red
and comes
with plain blue shorts and socks.

The goalkeeper kit is traditional green with
black detailing on the shoulders and logos. David De Gea has been used
to help promote the kit and United fans will be hoping to see the
Spaniard in the kit next season amid fresh speculation of a move away
this summer.

have
modelled the away kit for the promo photos and United will wear the kit
for the first time against Borussia Dortmund on their pre-season tour of
Asia.

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Entertainment

Funke Akindele is about fulfilling a fan's wish


It has become commonplace for celebrities with huge following on social media to be inundated with all sorts of requests by their fans. 

Actress, Funke Akindele loves her fans immensely and would do anything to make them happy. Recently, a twitter user pleaded with the Jenifa star to buy him a tricycle fondly called Keke Napep to make ends meet and the TV personality replied, “Where Are You Dear, DM, your number.” Incredibly awesome gesture right? We think so too.

witter
user named Moshood Tobi Daniel was tweeted at a whole lot celebrities
like Wizkid, Davido, Don Jazzy, Iyanya, Flavour and co but it’s was only
Funke Akindele that replied him.
She told him to DM her his number, i guess something would comes out of there. Nice one aunty Funke.
See their tweet below: – See more at:
http://www.gboah.com/2016/05/actress-funke-akindele-make-fans-wish.html?utm_source=twitterfeed&utm_medium=twitter#sthash.7x5hpMjI.dpuf
witter
user named Moshood Tobi Daniel was tweeted at a whole lot celebrities
like Wizkid, Davido, Don Jazzy, Iyanya, Flavour and co but it’s was only
Funke Akindele that replied him.
She told him to DM her his number, i guess something would comes out of there. Nice one aunty Funke.
See their tweet below: – See more at:
http://www.gboah.com/2016/05/actress-funke-akindele-make-fans-wish.html?utm_source=twitterfeed&utm_medium=twitter#sthash.7x5hpMjI.dpuf
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Entertainment

Meet The 2 Nigerians Shortlisted For The Caine Prize 2016

https://loladeville.com.ng/wp-content/uploads/2016/05/Lesley-e1446671374427-1.jpg
Nneka Lesley Arimah

Distinguished Nigerian writers, Nneka Lesley Arimah and Tope Folarin have been shortlisted for the Caine Prize 2016, . They join South Africa’s
Lidudu Malingani, Kenyan/Somalian Abdul Khan and Zimbabwe’s Bongani Kona who have also been made the annual literary award list. Read Nneka and Tope’s profiles below.

Lesley Nneka Arimah (Nigeria) for ‘What it Means When a Man Falls From the Sky’ published in Catapult (Catapult, USA,  2015). Lesley Nneka Arimah is a Nigerian writer living in Minneapolis. Her work has appeared in The New Yorker, Harper’s and other publications. When she isn’t spreading peace and joy on Twitter, Arimah is at work on a collection of short stories (What it Means When a Man Falls From the Sky) forthcoming in 2017 from Riverhead Books. There are rumours about a novel.

https://loladeville.com.ng/wp-content/uploads/2016/05/3-1.jpg
Tope Folarin

Tope Folarin (Nigeria) for ‘Genesis’ published in Callaloo (Johns
Hopkins University Press, USA, 2014). Tope Folarin won the Caine Prize
for African Writing in 2013, and in 2014 he was named in the Africa39 list
of the most promising African writers under 39. In addition, his work
has been published in various anthologies and journals. He lives in
Washington DC.

Credit: Caineprize.com

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Entertainment

Photos: 2face bags honorary degree from Igbinedion University

 

Nigerian music icon, Innocent Ujah Idibia, also known as 2Baba, has been conferred with an honorary degree by Igbinedion University, Okada, becoming the first Nigerian artiste to receive that honour from an indigenous university.

2Baba received the honour on Tuesday, 9 May, 2016 at The University Main Auditorium, Okada during the university’s 17th Founder’s Day Ceremony, which saw an overwhelming attendance – the auditorium was filled to maximum capacity. Special appearances were made by Prof. Sir. Victor Uwaifo and popular comedian Maleke.


The master’s degree was presented to 2Baba by the former governor of Edo state, Chief Lucky Igbinedion, who is also the deputy vice Chancellor of the University.

2Baba’s wife, Annie Idibia, was also present to witness the historic conferment and was all smiles as she accompanied her husband to receive his honorary degree. Earlier, upon their arrival in Edo state, they paid a courtesy visit to the Esama and founder of the university, Sir Chief Dr G.O Igbinedion.

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Entertainment

It’s time to put our religious and tribal differences aside

Article written by Tony Ogunlowo
Nigeria is a country of many nations; many different people of different tribes, customs and religions fused together by our then English overlords in 1914.
Different people of different religious denominations and tribes forcibly put together can only spell one word – trouble!
When the English put us together in 1914 it was on the basis of ‘divide & rule’. It worked in their favour as it was easier to rule a country divided against itself – and at each other’s throats – than for them to rule a united people.
But that was over a hundred years ago.
Since then we’ve managed to stay together like an old married couple – though we don’t often like each other most of the time – through a civil war and countless uprisings. Whether we like it or not the Federal Republic of Nigeria is here to stay and nobody will be carving out a new Fulani or Yoruba Empire or a Biafra state.
At the end of the civil war in America and the abolition of the slave trade Abraham Lincoln was quick to point out that a ‘ house divided against itself cannot stand’. Since 1776 America has managed to stand, as a nation, despite all its inherent race, religious and tribal differences.
In Nigeria when things go wrong we’re quick to blame the Hausa man, Fulani man, Igbo man or the Yoruba man. We’re quick to point out that he’s either a Muslim or a Christian, a Northerner or Southerner. Very petty in deed!
We’re Nigerians. We’re family whether we like it or not. Family sticks together through thick and thin, through the good or the bad (sic- well most of the time!). We’ve let sibling rivalry enter our family, blaming that one because he’s a Northern Muslim, ostracizing those ones because they are Biafran separatists, ignoring those ones because they are from the West Petty bickering! Silly excuses to avoid dealing with the real problems at hand – passing the buck! Yes we have problems but allocating blame to a person or persons because of their tribal or religious affiliations will not solve the problem.
A nation divided against itself cannot stand!
So the first step in nation building – or re-building as is the case for Nigeria – is to act as one people, one nation. So if something is wrong, or going wrong, blame the person in charge as an individual and don’t bring their religion or tribe into it. So Buhari is there now and he’s only favouring the Northern Muslims. Or when Goodluck was there everything he was doing was to favour the Southerners or Obasanjo only put the Yoruba’s first. Likewise our politicians, especially those in opposition, should stop playing the religious and tribal race card. It’s cheap, petty and inappropriate in the 21st century. It’s strange that race and religion doesn’t come into it when they are sharing stolen public funds!
The collective blaming of an entire religion or tribe for the misdeeds of a few is morally wrong! For instance Fulani herdsmen are out of control. They terrorize and murder people who oppose them taking their herds wherever they want to.
The problem here is not the ‘Fulani’, a northern tribe of more or less peaceful people, but the ‘herdsmen’ who have taken the law into their own hands. In the absence of any enforced law in Nigeria governing their movements as herdsmen they will get up to mischief, resorting to anarchy. You deal with them as the offending individuals and don’t put an entire tribe on trial. Also when we hear of the Boko Haram atrocities we are quick to condemn all Muslims for the actions of a deluded few. Is every Yoruba man a cultist or armed robber? Is every Igbo man a drug smuggler? No! A Yoruba proverb says that the King cuts off only the offending finger and not the entire hand. Blame the offending individual as a personality and not as a representative of their tribe or religion.

This country has stood for over a hundred years through out all the problems that has been its history and will continue to stand. We can make things a lot better if we face problems as they are without having to resort to bickering about religion and tribal differences.

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