The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre.

The PPMC disclosed this in an internal memo with reference number PPMC/C/MK/003, dated November 11, 2020, and signed by Tijjani Ali.

The memo, a copy of which was seen by our correspondent, said the new ex-depot price would take effect from Friday.

The ex-depot price is the price at which the product is sold by the PPMC to marketers at the depots.

In its PMS price proposal for November, the PPMC put the landing cost of petrol at N128.89 per litre, up from N119.77 per litre in September/October.

It said the estimated minimum pump price of the product would increase to N161.36 per litre from N153.86 per litre.

The National Operation Controller, Independent Petroleum Marketers Association of Nigeria, Mr Mike Osatuyi, in a telephone interview with our correspondent, said the over N7 increase in ex-depot price would translate into an increase in pump prices.

He said, “The implication of the increase in the ex-depot price is that there is going to be an increase in the pump price. We are expecting the pump price to range from N168 to N170 per litre.

“Crude oil price is going up,” he said, noting that the Federal Government has fully deregulated petrol prices.

Following the deregulation of petrol prices in September, marketers across the country adjusted their pump prices to between N158 and N162 per litre to reflect the increase in global oil prices.

Petrol price band had also risen from N121.50–N123.50 per litre in June to N140.80-N143.80 in July and N148-N150 in August.

The Minister of State for Petroleum Resources, Timipre Sylva, said in September that the government had stepped back in fixing the price of petrol, adding that market forces and crude oil price would continue to determine the cost of the product.

By Abdulmumin Murtala, Kano
A high powered committee for the enforcement of the 25 percent reduction of school fees in all private and voluntary schools in the state has been inaugurated on Friday.

This was announced to the media by the state’s Commissioner of Education, Malam Muhammad Sanusi Sa’id Kiru while he tasked the members to ensure full compliance with government’s directive.

Inaugurating the 27-member Committee in his office, the Commissioner tasked the members to ensure full compliance of the government’s directives by all Private and Voluntary schools across the state in respect of 3rd term school fees.

He further charged members of the Commitee to identify the recalcitrant schools as well as to make recommendations for appropriate disciplinary actions against them.

While expressing confidence in the caliber of the Committee members, he urged them to work as an enforcement agents so as to achieve the set objectives

He however, frowned at the attitudes of the defaulting private schools proprietors, saying that government will not reverse it’s decision on the reduction.

In her remark, the Chairperson of the Committee, Hajiya Lauratu Ado Diso assured the Commissioner of their determination to see to the success of the Committee.

Hajiya Lauratu Diso who is also the Permanent Secretary of the ministry, appealed to the Committee members to work tirelessly with a view to achieving maximum sucessess

Members of the Committee include Hajiya Lauratu Ado Diso as chairperson, Ahmed Tijjani Idris, Halima Sadiya Tukur, Barr. Ibrahim Ammani and Gwani Abdussalam Abdulqadir.

Other members are Malam Auwal Aqilu, Malam Hamza Yunusa, Mustapha Idris, Sani Garba Yakasai, Auwalu Ya’u KK, Ali Ahmad, Salisu Idris, Balarabe Alhassan, Sagir Umar Danbare and Salisu Auwalu.

Also in the Committee, are Hadiza S. Bako, Nura Muhammad, Shehu Na’Abba, Hussaini Muhammad, Dr. Shehu Shu’aib Kura and Musa Garba Gama.

Similarly, Usman Shu’aibu, Abubakar T. Abdurrahman, Hajiya Umma and Abdurrahman Magaji are also among the Commitee members while the DAGS of the ministry Comrade Dalha Isa Fagee will serve as the secretary.

It is worth noting that the membership of the Commitee were drawn from the ministry and its parastatals.

The commitee members are to also go round the schools and consult widely with the parents to identify defaulting schools for appropriate sanctioning.

The Presidency has reacted to reports that repentant Boko Haram members will be paid N150,000 monthly.

Reports emerged on social media that Nigerian government was making plans to pay Boko Haram repentant members N150,000 monthly.

However, Bashir Ahmad, media aide to President Muhammadu Buhari described the report as false.

He urged Nigerians to disregard the report.

Ahmad on his Twitter page wrote: “FAKE NEWS ALERT: The Federal Government is NOT planning to start paying repented Boko Haram members N150,000 monthly.

“The story is baseless and should be regarded as the usual fake news. When you see it here or on WhatsApp, ask the poster to provide a credible source of the story.”

The Nigeria Police Force now has a new special unit, DAILY POST reports.

The new unit is the Special Constabulary Police.

Officers, who were listed as special constables into the new unit had their passing-out parade across the federation on Friday.

The special constables, DAILY POST learnt, are to perform the much-talked about community policing duties.

In Ogun State, about 320 new officers were said to have been arrested trained at the Police Training School, Iperu.

The Commandant of the training school, Abdulsalam Razaq, said the new intakes were indigenes of the 20 local governments in Ogun.

According to him, they would be deployed to their various local governments to assist the police in modern policing and to stem the spate of crimes in their communities.

Rasaq disclosed that the special constables have been well trained on how best to perform police duties, intelligence gathering and respect for human rights.

In his words, the parade reviewing officer, Inspector General of Police, Mohammed Adamu, urged the newly recruited officers to make good use of the trainings they have received some far.

Adamu, who was represented by the Ogun State Commissioner of Police, Edward Ajogun, appealed to the special constables to perform their duties diligently in life with internal best practices.

He told them to respect the human rights, saying whoever engaged in any unprofessional conduct would be shown the way out.

The Federal Government was able to freeze the accounts of 20 #EndSARS campaigners after telling a Federal High Court in Abuja that the funds in their accounts might have been linked to terrorist activities.

This is according to a written address in support of a motion ex parte filed by the Central Bank of Nigeria.

The CBN had in the second week of October frozen 20 accounts and thereafter approached the court to seek an ex parte order to freeze the accounts.

In the case with suit number FHC/ABJ/CS/1384/2020, filed before Justice A. R. Mohammed, the CBN, however, made no mention of the fact that the 20 accounts were owned by persons involved in the #EndSARS protests, but told the court that the funds might have emanated from terrorist activities.

The written address read in part, “My lord, the nature of the transactions undertaken through the defendants’ accounts are of suspected terrorism financing in contravention of Section 13(1)(a)and(b) of the Terrorism (Prevention)(Amendment) Act, 2013 and Regulation 31(2)(a)and (3)(b) of the Central Bank of Nigeria Anti-Money Laundering/Combating the Financing of Terrorism Regulations, 2013.”

In a supporting affidavit deposed to by one Aondowase Jacob on behalf of the CBN, it was stated that the Head of the Economic Intelligence Unit of the Governor’s Department, CBN, Joseph Omayuku, had conducted an investigation on the accounts of the defendants and other individuals and entities held with certain banks in Nigeria.

According to the affidavit, the investigation showed that the owners of the accounts may have been involved in terrorist activities.

It added, “There is a grave allegation that the defendants are involved in suspected terrorism financing via their bank accounts in contravention of the provisions of extant laws and regulations. The aforesaid transactions undertaken by the defendants, using their bank accounts, can cause significant economic and security harm to the public and the Federal Republic of Nigeria if left unchecked.

“The applicant (CBN governor) is thus desirous to have the court empower him to direct the freezing of the 20 accounts listed on the annexure to this application and all other bank accounts held by the defendants.

“A freezing order of this honourable court in respect of the defendants’ accounts would also enable the investigation of the activities of the defendants to a logical conclusion with a view to reporting same to the Nigerian Financial Intelligence Unit.”

The apex bank said unless the order was granted, it would not be able to ensure that the money remained intact, while investigations were ongoing.

The 20 accounts frozen by the CBN are domiciled in Access Bank, Guaranty Trust Bank, Fidelity Bank, United Bank for Africa and Zenith Bank.

The accounts were said to have been flagged after they received money with the narration #EndSARS.

One of the frozen accounts, marked 0056412470 and domiciled in Access Bank, belongs to Bolatito Olorunrinu Oduala, an #EndSARS campaigner, who was appointed into the Lagos State judicial panel set up by Governor Babajide Sanwo-Olu.

Another frozen account marked 0033974485 and domiciled in Access Bank belongs to Bassey Israel, the medical team coordinator for the #EndSARS protests in Port Harcourt.

Similarly, an account marked 0054676984 domiciled in Access Bank belongs to Gatefield Nigeria Limited, which paid freelance journalists to cover the protests.

Justice Mohammed froze the accounts for 180 days subject to renewal, but said anyone who was not satisfied with the ruling was free to challenge it.

FREE 250,000 FEDERAL GOVERNMENT (FG) BUSINESS NAMES REGISTRATION FOR MSMEs
Have you been finding it difficult to register your Business? Well, worry no more as PARADISE NEWS has put below a complete guide on how to register your Business with the Corporate Affairs Commission (CAC) for FREE under the FG FREE 250,000 Business Names Registration for MSMEs

Find below email addresses of Aggregators for all states and the FCT.

Download attached CAC form, fill it electronically (online), preferably via a computer system, save the form and send along a clearly scanned copy of your Signature, ID card (Drivers License, National ID or International Passport), passport-sized photo to email address of your specific state Aggregator.

Please Note:

1. Double entry will automatically disqualify your application.
2. The entire process is 100% FREE. Do not pay a dime to any Aggregator, Focal Person or their Agents.

Click to: Download CAC Form

List of email addresses of Aggregators for the 36 States, including the FCT Abuja:

Ad

1. ABIA STATE: chinenyenwaogu77@gmail.com
2. ABUJA-FCT: arabi9686@gmail.com
3. ADAMAWA STATE: ibrahimmohammedmch@gmail.com
4. AKWA IBOM STATE: ekeminiuwa@yahoo.com
5. ANAMBRA STATE: clemchuks2003@yahoo.com
6. BAUCHI STATE: maminumusa@yahoo.com
7. BAYELSA STATE: ekwommaharrison@yahoo.com
8. BENUE STATE: emmanueldoughdough@gmail.com
9. BORNO STATE: muaIkas58@gmail.com
10. CROSS RIVER STATE: netforceoffice@gmail.com
11. DELTA STATE: kingsleyemu@gmail.com
12. EBONYI STATE: anekaligwe@gmail.com
13. EDO STATE: rotimiedematie@gmail.com
14. EKITI STATE: kayfasae@yahoo.com
15. ENUGU STATE: tutuwilliams4life@gmail.com
16. GOMBE STATE: muhammademir2@gmail.com
17. IMO STATE: emekageoffrey@yahoo.com
18. JIGAWA STATE: salisuhadejia@gmail.com
19. KADUNA STATE: u.umar81@gmail.com
20. KANO STATE: coachmusty96@gmail.com
21. KATSINA STATE: itukur55@gmail.com
22. KEBBI STATE: abbasumabk@gmail.com
23. KOGI STATE: fmusa6003@gmail.com
24. KWARA STATE: mobrimah@gmail.com
25. LAGOS STATE: solape.hammond@lagosstate.gov.ng
26. NASARAWA STATE: khrystaklear@gmail.com
27. NIGER STATE: giragi.ahmad40@gmail.com
28. OGUN STATE: koa.longe@outlook.com
29. ONDO STATE: starkosh53@gmail.com
30. OSUN STATE: dayobabaranti@gmail.com
31. OYO STATE:  bidemioseni@gmail.com
32. PLATEAU STATE: hgutap4real@yahoo.co.uk
33. RIVERS STATE: feliciawendyzidougha@gmail.com
34. SOKOTO STATE: almuaIkaIi2@gmail.com
35. TARABA STATE: ibnkasimbello@gmail.com
36. YOBE STATE: mohammedsjajere@gmail.com
37. ZAMFARA STATE: shehuj4all@gmail.com

For more questions and clarification, Join Our Telegram Channel on: https://t.me/paradisenewsng

Please Share with others to change lives.

CACNigeria
Business National
Share
Related Posts
Nigeria’s Changing Legal Regime: Is Africa’s Biggest Oil Producer Finally Within Reach of a New Oil Law?
Anambra govt partners media firm against fake news
El’Rufai laments inadequacy in public tax collection
Nigerians call for a ban on Bolt Ride over assaults on passengers
Nsukka Mosque burning: Sultan of Sokoto indicts Catholic Bishop, petitions IGP
NYSC opens up on Medical fitness Certificate from prospective Corps Members
Follow this little secret to be part of NYSC 2020 Batch B Stream 1A
Comments (0) Add Comment

The Central Bank of Nigeria, CBN, has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes.

It told the Federal High Court it would cost a ‘colossal sum of money’ to discard the existing notes and print new ones without Ajami.

The CBN said Ajami is not a symbol or mark of Islam but an inscription to aid non-English speakers who are literate in and use Ajami for trade.

It made the submission in a counter-affidavit to a suit filed by a Lagos-based lawyer, Chief Malcolm Omirhobo, before Justice Mohammed Liman.

Mr Malcolm argued the Arabic inscriptions on the naira notes portray Nigeria as an Islamic state, contrary to the country’s constitutional status of a secular state.

He contended this violates sections 10 and 55 of the Nigerian Constitution, which make the country a secular state.

Section 10 reads: “The government of the Federation or of a state shall not adopt any religion as state religion.”

He prayed the court to restrain the CBN from “further approving, printing and issuing naira notes with Arabic inscriptions, bearing in mind that Nigeria is a secular state.”

He further prayed the court to order the CBN to replace the Arabic inscriptions with either English language, which is the country’s official language, or any of Nigeria’s three main indigenous languages – Hausa, Yoruba or Igbo.

But in its counter-affidavit deposed to by Abiola Lawal, the CBN argued that “the Ajami inscriptions on some of the country’s currencies do not connote any religious statements or Arabian alignment.”

The apex bank maintained that contrary to Omirhobo’s claim, the Arabic inscriptions were not a threat to Nigeria’s secular status.

It said: “The inscriptions on the country’s currencies do not and at no time have they threatened the secular statehood of the nation or have they violated the Constitution of Nigeria, as every design and inscription was finalised with the approval of the relevant government bodies.”

It explained “Ajami inscriptions” on the naira notes dates back to the colonial era “and they do not imply that Arabic is an official language in Nigeria.”

The apex bank said: “The naira notes retained the inscriptions with Ajami since 1973 when the name of the Nigerian currency was changed to naira from pounds.

The Ajami was inscribed on the country’s currency by the colonialists to aid those without Western education in certain parts of the country, who, back then, constituted a larger part of the populace.

“The Ajami is not a symbol or mark of Islam but an inscription to aid the populace uneducated in Western education in ease of trade.”

It reasoned further that removing the Arabic inscriptions from the naira notes “would cost the tax-paying Nigerians and the Federal Government colossal sum of money to discard the existing naira notes and print new ones in satisfaction of the plaintiff.”

Hearing in the suit comes up on Tuesday before Justice Liman.

The judge will also be hearing a similar suit filed by Omirhobo against the Nigerian Army, seeking the removal of Arabic inscriptions from the logo of the Nigerian
Like this:

A North Dakota state legislative candidate who died of coronavirus last month won his election

Republican David Andahl, who was 55 when he died, and another GOP candidate, Dave Nehring, were elected to represent the 8th district in the state’s House of Representatives in Tuesday’s election.

Andahl and fellow District 8 House candidate Nehring who both won the Republican’s endorsements and voters’ nominations defeated one of North Dakota’s most powerful lawmakers, Rep. Jeff Delzer, chairman of the House Appropriations Committee.

Andahl won about 35% of the vote to win the seat.

Andahl died after being hospitalized with the illness for about four days, his mother, Pat Andahl, had told The Bismarck Times.

The mother said her son was “very careful” about the pandemic and eager to become an elected official in the country.

“He had a lot of feelings for his county … and wanting to make things better, and his heart was in farming. He wanted things better for farmers and the coal industry,” she said.

Joe Biden, the 47th vice-president of the United States, is currently leading the 2020 presidential race with over 220 electoral college votes.
Biden campaign said on Wednesday morning (Nigerian time) that the Democratic Party candidate will be addressing Americans shortly.

Incumbent President Donald Trump is still shy of 200 electoral college votes, despite taking key states like Ohio, Florida, and Texas.

The candidate to be declared winner must have clinched 270 electoral college votes before such a declaration can be made.

More than 110 million votes have been called so far — but experts suggest that votes could go as high as 150 million, making this the American election with the highest voter turnout since 1908.

General Overseer of the Synagogue Church of All Nations (SCOAN) Prophet T.B Joshua yesterday dropped a hint on the outcome of the ongoing United States presidential elections.

Joshua held back from directly stating, who the winner of the polls would be, but suggested that Christians would be disappointed.

President Donald Trump of the Republican Party is seeking re-election against former Vice President Joe Biden of the Democratic Party.

Christians, especially of the white demographics, are known to overwhelmingly support Trump.

About 80 per cent of white evangelical voters still support Trump, according to the latest polling by the Pew Research Centre, about the same as supported him in 2016.

Joshua urged Christians to take solace in U.S. Supreme Court Judge, Amy Coney Barrett, a Trump appointee.

The U.S. Senate confirmed Barret’s appointment on October 27, in what was seen as a victory for President Trump and Conservatives, following the Democrats and Liberals’ opposition to her nomination.

In a November 1 YouTube audio titled ‘U.S. ELECTION 2020 PROPHECY!!!’ released by the SCOAN, Joshua promised to reveal more after the “inauguration of the new president”.

He said: “What is happening in the American election is as a result of the power in the tongue. The word we speak determines the life we enjoy (Proverbs 6:2). The tongue can either work for us or against us – death and life lie in the tongue (Proverbs 18:21).

“We Christians would have loved it to go the way we wanted. But the Bible says it is never proper to base our faith on our improvement after prayer. We should not worry. The joy is that the new Supreme Court Judge, Amy Coney Barrett, will be an instrument of check.

“Finally, let us learn how to believe that God hears us when we pray – it is a much greater blessing. There is likely going to be pockets of resistance here and there but nothing will change. Let me reserve what I am seeing until the inauguration of the new president.”

In 2016, Joshua faced criticism following a prophecy on the U.S. election won by Trump.