Friday, 27 January 2023 05:56

Protesters block Lagos-Benin expressway over high petrol prices, scarcity

Rate this item
(0 votes)

Protesters, on Thursday, blocked the Lagos-Benin expressway at Oluku junction in response to the hike in petrol litre price and the scarcity of the product.

Motorists and passengers, who were left stranded for hours, expressed dissatisfaction over the situation.

The protesters, many of them youths, lamented the hike in petrol price as well its unavailability.

The development comes less than 72 hours after President Muhammadu Buhari approved the setup of a 14-member steering committee on petroleum products supply and distribution management.

The constitution of the committee was announced on Tuesday in a statement signed by Horatius Egua, senior adviser (media and communications) to Timipre Sylva, minister of state for petroleum resources.

Sylva will serve as the alternate chairman, while Buhari is the chair of the steering committee.

Other members of the committee are Zainab Ahmed, minister of finance; Gabriel Aduda, permanent secretary, ministry of petroleum resources; Doyin Salami, national economic adviser to the president; and Yusuf Bichi, director-general, Department of State Services (DSS).

Committee members also include Hameed Ali, comptroller-general of Nigeria Customs Service (NCS); Abdulrasheed Bawa, chairperson, Economic and Financial Crimes Commission (EFCC); and Ahmed Audi, commandant-general, Nigeria Security and Civil Defence Corps (NSCDC).

Farouk Ahmed, chief executive officer (CEO), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA); Godwin Emefiele, governor, Central Bank of Nigeria (CBN); Mele Kyari, group chief executive officer, Nigerian National Petroleum Company (NNPC) Limited; and Umar Farouk, senior special assistant to Sylva, are also in the committee.

Meanwhile, despite the disparity in pump prices at filling stations, the federal government has denied increasing the price of petrol.


The Cable

March 02, 2024

Shareholders funds wiped out as MTN Nigeria suffers N740bn loss on massive Naira devaluation

MTN Nigeria Plc has reported a loss before tax of N177.8 billion compared to a…
February 26, 2024

Afenifere opposes curtailing Yorubas’ right to protest against Tinubu's harsh economic policies

PRESS RELEASE Afenifere has distanced itself from the call by some renegade Afenifere members for…
March 02, 2024

I’ll tell you the secret of cancer - Caitlin Flanagan

It’s been almost 20 years since my diagnosis, and I’ve learned quite a bit. Are…
March 02, 2024

Man tries to hide stolen horse in his third-floor apartment

A 19-year-old man faces three months to five years in prison for stealing a horse…
March 01, 2024

Gunmen abduct 23 persons from Abuja community

A former Ward Chairman of the Peoples Democratic Party in the Federal Capital Territory, Alhassan…
March 02, 2024

What to know after Day 737 of Russia-Ukraine war

RUSSIAN PERSPECTIVE CIA has ‘many bases’ in Ukraine – FSB boss The CIA has “many”…
February 23, 2024

WhatsApp launches 4 new text formatting options including bulleted lists and block quotes - here's…

WhatsApp has launched four new text formatting options today These are bulleted lists, numbered lists,…
March 02, 2024

Super Eagles coach Peseiro leaves at end of contract

Nigeria's Portuguese coach Jose Peseiro said on Friday he had left the job only weeks…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.