Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

Falana To Begin Investigating Petrol Importation Scam

Somto NwanoluebySomto Nwanolue
September 2, 2024
in Business & Finance
0
Falana To Begin Investigating Petrol Importation Scam
Share on FacebookShare on TwitterShare on Whatsapp

Notable human rights lawyer, Femi Falana, has clamoured for the quick investigation of the Premium Motor Spirit (petrol) scam.

Falana had made this request during Channels Television’s Sunday Politics programme, adding that there was no better time to investigate the petrol scam than now.

This development is coming as reports have surfaced that a $6 billion debt owed by the Nigerian National Petroleum Company Limited (NNPCL) to petrol suppliers has worsened the petrol scarcity in country.

The NNPCL had on Sunday, finally admitted the company’s significant debt to petrol suppliers, saying it constituted a threat to the sustainability of petrol supply.

What They’re Saying

“Once the government begins to speak about affordability and sustainability in response to growing queues at filling stations, there are problems,” Falana had quipped.

The Senior Advocate of Nigeria, (SAN) had also added that there was no full disclosure on the part of the government on subsidy on petrol, adding that Nigeria can’t spend “$2.9bn to fix the refineries” yet the dates for the resumption of production at the refineries have been constantly shifted.

The legal luminary had also threatened to drag all those responsible for the fixing of state-owned refineries to court should they announce another postponement.

Meanwhile, the Independent Petroleum Marketers Association of Nigeria, (IPMAN), had said the landing cost per litre of petrol has made it impossible for petrol marketers to ship in the essential commodity as was done by the NNPCL.

Tags: FalanaFalana To Begin Investigating Petrol Importation Scamfederal characterImportationNewsNigeriapetrolscam
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Posts

Banks in Panic as CBN Gives 48-Hour Deadline for Failed ATM Refunds
Business & Finance

Banks in Panic as CBN Gives 48-Hour Deadline for Failed ATM Refunds

October 11, 2025
Robbers Hit Nigerian Bank, Steal Over 10 Billion
Business & Finance

Robbers Hit Nigerian Bank, Steal Over 10 Billion

October 11, 2025
October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October 11, 2025
Next Post
Fuel Supply in Peril as NNPC Reveals Massive Debt

Fuel Supply in Peril as NNPC Reveals Massive Debt

Myanmar Junta To Hold Census Ahead of 2025 Election

Myanmar Junta To Hold Census Ahead of 2025 Election

Sudden Infant Death Syndrome (SIDS): Impact and Causes

Sudden Infant Death Syndrome (SIDS): Impact and Causes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Ayra Starr Demands Justice for Christianah: A Call to End Violence Against Women in Nigeria

Ayra Starr Demands Justice for Christianah: A Call to End Violence Against Women in Nigeria

1 year ago
West and Central Africa Plunged into Digital Darkness by Mysterious Cable Outages

West and Central Africa Plunged into Digital Darkness by Mysterious Cable Outages

2 years ago
“Speak No Evil”: A Must Watch Horror-Drama

“Speak No Evil”: A Must Watch Horror-Drama

1 year ago
Breaking: Manchester City Star Ruled Out of Manchester Derby

Breaking: Manchester City Star Ruled Out of Manchester Derby

1 month ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Nigerians Divided as Maryam Sanda Gets Presidential Pardon

Hazard Shines on Stamford Bridge Return as Chelsea Legends Fall to Liverpool

Argentina vs Puerto Rico Friendly Rescheduled to Fort Lauderdale Amid Chicago Concerns

Is Scientific Funding No Longer Based on Merit? MIT Clashes with White House

Will Macron’s Reappointment of Attal Calm France’s Political Turmoil?

He Praised While She Suffered — Nathaniel Bassey Reveals Shocking Personal Struggle

Trending

Is Nowhere Safe? Mississippi Shooting Adds to Grim Tally of US Mass Shootings
News

Is Nowhere Safe? Mississippi Shooting Adds to Grim Tally of US Mass Shootings

bySomto Nwanolue
October 11, 2025
0

The sickening violence that shattered two high school homecoming celebrations in Mississippi: one in Leland that left...

Tinubu’s Mercy or Madness? Nigerians React to 175 Presidential Pardons

Tinubu’s Mercy or Madness? Nigerians React to 175 Presidential Pardons

October 11, 2025
Banks in Panic as CBN Gives 48-Hour Deadline for Failed ATM Refunds

Banks in Panic as CBN Gives 48-Hour Deadline for Failed ATM Refunds

October 11, 2025
Nigerians Divided as Maryam Sanda Gets Presidential Pardon

Nigerians Divided as Maryam Sanda Gets Presidential Pardon

October 11, 2025
Hazard Shines on Stamford Bridge Return as Chelsea Legends Fall to Liverpool

Hazard Shines on Stamford Bridge Return as Chelsea Legends Fall to Liverpool

October 11, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Is Nowhere Safe? Mississippi Shooting Adds to Grim Tally of US Mass Shootings
  • Tinubu’s Mercy or Madness? Nigerians React to 175 Presidential Pardons
  • Banks in Panic as CBN Gives 48-Hour Deadline for Failed ATM Refunds

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com