Fuel Scarcity: Saraki Directs Committee to Suspend Recess

Hamilton Nwosa
Writer

Ad

Details: Why Roosevelt Ogbonna Quit Access HoldCo board

• He remains Bank MD, Says Access By Obinna Uballa Access Holdings Plc has explained that Mr. Roosevelt Ogbonna, Managing Director and Chief Executive Officer of Access Bank Plc, resigned from the Board of the HoldCo to comply with regulatory guidelines issued by the Central Bank of Nigeria (CBN). The company, in a statement signed…

U.S. Crude Stocks Fall Another 2.4 Million Barrels

Crude oil inventories in the United States decreased by 2.4 million barrels during the week ending August 22, after falling 6 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 418.3 million barrels according to government data, which…

NASA Chief, Experts Hail SpaceX as its Starship nails key test flight after fiery failures

By Obinna Uballa SpaceX's major win on Tuesday as its big Starship rocket successfully completed a critical test flight, marking a turnaround after a string of explosive setbacks earlier in the year, has elicited reactions, reports said. Experts have reportedly hailed the move as groundbreaking. The more-than-400-foot rocket, central to SpaceX’s commercial ambitions and NASA’s…

Ad

Senate President Bukola Saraki has directed the Senate Committee on Petroleum Resources (Downstream) to cut short its recess and immediately convene a meeting with stakeholders in the industries.

This he said was in a bid to end the ongoing fuel crisis and the untold hardship it was presently unleashing on Nigerians.

This was contained in a press statement from Saraki’s Media Office.

Consequently, Chairman of the Senate Committee on Petroleum Resources (Downstream), Sen. Kabiru Marafa, said the committee has invited the Minister of State for Petroleum, Dr Ibe Kachikwu, Group Managing Director of the Nigerian National Petroleum Corporation, Mr Maikanti Baru and other relevant stakeholders to a crucial meeting on Thursday, Jan. 4, 2018.

Marafa said the meeting would address the lingering fuel scarcity bedevilling the nation in the last few weeks with a view to putting a complete stop to the unsavoury development.

The Senate, which is presently on Christmas and New Year break was billed to resume committee work for budget defence on Jan. 9, and commence plenary on Jan.16.

Ad

X whatsapp