Heineken Lokpobiri: Deregulation of Downstream Oil Sector Benefitting Nigerians Says NNPC set to compete with best in the world FG reiterates no plan to end naira-for-crude initiative
Emmanuel Addeh in Abuja Minister of State for Petroleum Resources (Oil), Senator Heineken
Lokpobiri, yesterday, maintained that the decision of the President Bola Tinubu administration to fully deregulate the downstream segment of
the oil industry had started benefitting Nigerians. Speaking when the leadership of the Petroleum Products Retail
Outlets Owners Association of Nigeria (PETROAN) visited him at his Abuja office, Lokpobiri stressed that although it was a very difficult decision, the
president had the courage to implement the liberalisation of the sector. The minister said the benefits to Nigeria as an oil producing country
will not be felt by Nigerians without the petrol retailers, explaining that in Continued on page 33
Oando Confirms Selection as Preferred Bidder for 175,000 Bpd Trinidad & Tobago Refinery... Page 5 Wednesday 12 March, 2025 Vol 30. No 10930. Price: N400
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Hope Rises for Truce as Ukraine Agrees to US-led Ceasefire
Emmanuel Addeh in Abuja
President Bola Ahmed Tinubu; Chairman Board of Trustees (PANDEF), King Alfred Diete-Spiff; Co-Chairman, Board of Trustees, PANDEF, Obong (Arch), Victor Attah, and National Chairman, PANDEF, Amb. Godknows Igali PHOTO: GODWIN OMOIGUI. (middle), and others in a group photograph, during the President’s meeting with the Leaders of the PAN Niger Delta Forum (PANDEF), at the Presidential Villa Abuja..... yesterday
Ukraine yesterday agreed to an immediate 30-day ceasefire negotiated by the United States if Russia accepts Continued on page 33
Tinubu Urges Adherence to Rule of Law, Asks Fubara to Stoop to Conquer
Insists judiciary's interpretations of nation's constitution must be respected Charges PANDEF to intervene, counsel governor to pursue path of peace, stability Fubara: implementing Supreme Court verdict not about me, it’s for good of our state Declares crisis has cost parties huge resources Ada George seeks peace Deji Elumoye, Chuks Okocha in Abuja and Blessing Ibunge in Port Harcourt President Bola Ahmed Tinubu has said only strict adherence to the rule of law would bring lasting peace and prosperity to Rivers State. Addressing some political leaders from the state yesterday at State House, Abuja, Tinubu stressed that respect for the judiciary was crucial to democracy and harmony. The president, during the meeting with representatives and leaders of the Niger Delta, under the aegis of Pan-Niger Delta Forum (PANDEF), echoed his earlier counsel to Rivers State Governor Siminalayi Fubara. Tinubu had on Monday, while breaking his fast with some governors, Continued on page 33
FG Begins Construction of 2nd Niger Bridge Bypasses... Page 8
NSITF PRESENTS N25M COMPENSATION TO NATIONAL ASSEMBLY STAFF...
L-R: Secretary, Research and Information, National Assembly, Dr Ali B. Umoru; Secretary, Estate & Works, National Assembly, Engr. Baba Sanda Liman; Clerk of the National Assembly, Kamoru Ogunlana Esq.; Managing Director/Chief Executive Officer of Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye; Chairman, Senate Committee on Labour and Employment, Sen. Diket Plang; Chairman, House Committee on Labour and Employment, Hon. Adegboyega Adefarati; Deputy Chairman, House Committee on Labour and Employment, Peter Aniekwe; and Executive Director, Operations, NSITF, Mojisolaoluwa Ali-Macaulay, during the presentation of a N25 million cheque as compensation by NSITF to a staff member of the National Assembly in Abuja, yesterday