FG Considers Further Review of Petrol Pricing Template Hints on transfer of PEF’s bridging function to oil marketers Chineme Okafor in Abuja The Federal Government has said it would further review its pricing template for petrol with the aim of removing several multi-layered charges and costs that affect the pump price of
petrol at service stations across the country. The government also said it would continue to work with the Central Bank of Nigeria (CBN) to find ways of providing subsidised foreign exchange interventions for oil
marketers in the country. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, stated this yesterday in a podcast he shared in his social media accounts. The podcast, obtained by THISDAY, was centred on the challenges
of the country’s downstream petroleum sector and the government’s plans to overcome them. Kachikwu stated in the podcast that, at the moment, the Nigerian National Petroleum Corporation (NNPC)
was importing almost all the petrol used in the country, a responsibility he stated the corporation was undertaking at a huge cost. According to him, marketers in the country were no longer importing petroleum products
because of the unfavourable business fundamentals which had been influenced by the rising prices of crude oil. “Downstream continues to be an area that has numerous Continued on page 8
British-Nigerian Joshua Knocks Out Klitschko, Remains Undefeated Heavyweight Champion ...Page 84 Sunday 30 April, 2017 Vol 22. No 8046
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Jonathan: The Whole Truth About 2015 Poll Yet To Be Told Says existing narratives by key players distorted Northern CAN: those who stopped Muslim-Muslim ticket should be hailed, not castigated
Vincent Obia, Tobi Soniyi, and Gboyega Akinsanmi in Lagos, and John Shiklam in Kaduna Former President Goodluck Jonathan said yesterday that the true story of the 2015 presidential election was yet to be told. He said he will come out with his own account of what transpired in the election, which he had lost to incumbent President Muhammadu Buhari and
became the first sitting president in Nigeria to lose an election. Jonathan was reacting to revelations in a new book, Against the Run of Play, written by the Chairman of THISDAY Editorial Board, Mr. Olusegun Adeniyi, which was launched on Friday in Lagos. The book catalogues events that led to Jonathan’s defeat at the poll, based on the personal accounts
of key actors. Some of the former president’s allies interviewed in the book said he and his wife, Patience, were to blame for the unfavourable poll outcome. But in a series of tweets yesterday, Jonathan said the book contained distorted claims about the 2015 electrions by the respondents. In a related development, a member of the Northern
Elders Forum, a group within the Christian Association of Nigeria, Rev. Bitrus Dangiwa, said yesterday that the ruling All Progressives Congress would have lost the 2015 presidential election if it presented a Muslim - Muslim ticket. Dangiwa, a former president of the youth wing of CAN, said this in response to a recent allegations by the APC national leader, Bola
Tinubu, that he was prevented from becoming the running mate to Buhari in 2015 by Senate President Bukola Saraki and Kaduna State Governor Nasir el-Rufai. Buhari and Tinubu are Muslims. Dangiwa said their emergence as presidential and vice presidential candidates, respectively, of APC would have spelled doom for the party. He said, “We thank the
senate president, Senator Bukola Saraki, and others for deciding against Muslim-Muslim ticket presidency. The truth is that the Nigeria of today is not the Nigeria of yesterday where religious differences don’t matter much. "I commend the senate president for being sensitive Continued on page 8
Obasanjo Narrates How Ribadu’s Threat to Arrest Tafa Balogun in Aso Rock Led to Ex-IG’s Sack Segun James
Former President Olusegun Obasanjo on Friday night went down the memory lane to shed light on circumstances surrounding the removal of former Inspector General of Police, Tafa Balogun from office. Now 12 years after Obasanjo forced Balogun to tender his resignation letter as police chief, the former president disclosed that a threat by former chairman of the Economic and Financial Crimes Commission (EFCC) Mallam Nuhu Ribadu to arrest Balogun during an encounter at the presidential villa made him to demand his immediate resignation. Speaking on the allegations against Balogun, he said two
independent security reports indicted the former police chief of massive corruption unbecoming of anyone in that position. Obasanjo said, a first report by the State Security Service (SSS) had shown that Balogun was involved in corruption. The former president, who spoke at the 80th birthday dinner organised in his honour by his former appointees under the aegis of the, “Political Children of Obasanjo” in Lagos, said he was so alarmed that he called the police chief to the State House and warned him about the indicting reports of his activities Continued on page 8
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HEARTY CONGRATULATIONS L-R: Vice President Yemi Osinbajo, the groom, Personal Assistant to the President, Mr Sabiu 'Tunde' Yusuf; and Governor of Kaduna State, Mallam Nasir El-Rufai, during the wedding reception of Yusuf and his bride, Fatima, in Kaduna …weekend