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FG will not increase pump price of petrol, says NNPC

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The Nigerian National Petroleum Corporation (NNPC) has advised Nigerians not to engage in any panic buying of petroleum products.

Ndu Ughamadu, spokesman of the corporation, issued a statement late Wednesday to dismiss the report of a likely increase in the price of the products.

He said the corporation had a 1.3billion litres stock of premium motor spirit (PMS), otherwise called petrol, which is sufficient to serve the nation for more than 38 days.

“This plea comes on the heels of reports that some motorists have begun panic buying of petrol, following rumours that the government is about to increase the pump price of the white product from N145 per litre,” the statement read.

“NNPC wishes to assure Nigerians that there is no iota of truth in the rumour that government is scheduled to adjust pump price of petrol.

“Indeed, with the resumption of production by the Corporation’s three refineries in Kaduna, Port Harcourt and Warri, complemented by imports, there is enough stock of PMS, automotive gas oil (AGO), diesel and kerosene.”

Ughamadu said Anibor Kragha, NNPC’s chief operating officer of the refineries, explained the state of refineries to lawmakers when he appeared before the senate on Wednesday.

“Mr. Anibor Kragha briefed the senate committee on petroleum downstream in a presentation on the current status of the refineries at the National Assembly Complex in Abuja,” he said.

“In the presentation, Kragha told the legislators that the nation’s three refineries produced additional volumes of 4.6 million litres of kerosene and 7.7 million litres of diesel, in addition to millions of litres of petrol being refined daily at the nation’s refineries.

“The assurances of availability of stock by the NNPC Chief Operation Officer of the Refineries yesterday still stand.”

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War: China, India, Tajikistan, others to send troops to Russia

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China’s People’s Liberation Army will send troops to Russia to participate in the “East-2022” drills.

The East-2022 is also called the Vostok-2022 and this was disclosed by the Chinese Ministry of Defense on Wednesday, according to CNN.

“China’s participation in the exercise is aimed at deepening practical and friendly cooperation with the armies of the participating countries,” the ministry added.

It further explained that the Asian giants’ participation would enhance the level of strategic cooperation among countries involved.

The exercise would further strengthen the ability to respond to various security threats, according to the defense ministry.

It, however, added that the exercise is unrelated to the current international and regional situation.

Other nations to join in the exercise are India, Belarus, Tajikistan, Mongolia and other countries.

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Buhari approves three orthopedic hospitals in Edo, Plateau, Taraba

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President Muhammadu Buhari has approved the establishment of three additional orthopedic hospitals.

Health Minister, Osagie Ehanire, made the announcement on Wednesday at the inauguration of the Primary Health Care(PHC) Leadership Challenge at the State House.

The event was organised by the Nigeria Governors’ Forum (NGF) in collaboration with development partners.

Ehanire disclosed that the President approved siting of the orthopedic hospital in three regions.

“North-East has one; the North-Central has one and the South-South has one; in Benin, Jos and Jalingo respectively”, NAN quoted him saying.

Finance Minister, Zainab Ahmed said N471.9 billion had been disbursed to states under the $1.5billion World Bank-Assisted States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme.

She added that all the 36 states had fully domesticated the fiscal reforms in their public financial management system.

Buhari approves three orthopedic hospitals in Edo, Plateau, Taraba

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BREAKING: Electricity workers call off strike

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National Union of Electricity Employees (NUEE) has called off its nationwide strike.

The decision followed an emergency meeting with the Minister of Labour and Employment, Chris Ngige on Wednesday.

The minister’s spokesman Olajide Oshundun, announced that Ngige intervened in the industrial action.

NUEE Secretary General, Joe Ajaero, assured that electricity would be restored across the country tonight.

The workers shut down all Transmission Companies of Nigeria (TCN) offices earlier today.

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