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Techno Oil to provide 24 hours service to tackle fuel scarcity

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Techno Oil to provide 24 hours service to tackle fuel scarcity

 

 

 

The management of Techno Oil Ltd. has directed its outlets nationwide to make fuel sales to motorists round the clock, to mitigate the hardships facing Nigerians currently.

The Chief Executive Officer of the company, Mr Tony Onyeama, made the announcement on Monday in Lagos while speaking on the efforts of the company to end the current crippling fuel scarcity.

The News Agency of Nigeria (NAN) reports that Nigerians are currently facing another round of a nerve-wracking fuel scarcity that has forced motorists nationwide to queue for hours at filling stations, in a bid to buy fuel.

“We have directed our outlets nationwide to dispense fuel to marketers and to motorists, to assist government in its relentless and ongoing efforts to end the latest round of fuel scarcity.

“Our fuel sales outlets are open round the clock to give needed services to the public, to bring the fuel scarcity problem to an end.’’

Onyeama pleaded with oil marketers to give necessary support to the Federal Government to ensure fuel availability at a time like now, to ease the suffering faced by the masses.

According to him, Techno Oil has always come to the rescue as a leading oil marketer in moments of fuel scarcity in the country.

Nigeria, Africa’s top crude exporter has been plagued by a recurrent fuel scarcity crisis that appears to be posing a serious threat to a landmark general election, slated for this month.

The situation appears to look worrisome with the problem compounded by the prevailing crisis in the financial sector, caused by the redesign of the naira currency.

The redesign of the naira, which is being carried out by the Central Bank of Nigeria has resulted to an acute shortage of money in banks and automated teller machines in the country.

The development has forced hundreds of people to besiege various banks in a bid to withdraw money, while scores of point of sale operators have been forced out of business, due to a lack of cash.

Similarly, many small holder businesses have been forced to close shops, due to a lack of patronage.

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Groups condemn sponsored protests, media attacks against ex-NNPCL boss Kyari

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Coalition Of Civil Society Organisations In Nigeria (COCSON) and Bloggers and Vloggers, Content Creators Association (BAVCCA) have warned against politically engineered protests against the immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari, who “served the nation faithfully.”

In a statement jointly signed on Thursday by COCSON’s National Mobilisation Officer Comrade Tabuko Kennedy and BAVCCA’s Spokesperson Efe John Abayomi, the two groups urged President Bola Tinubu to overlook undue distraction from enemies of his administration while rejecting a calculated attempt to malign the person and office Kyari hitherto held concerning the $2 billion crude-for-loan deal.

COCSON and BAVCCA chided agents of mischief and fake news merchants over baseless media attacks on the former NNPCL GCEO while urging anyone with genuine proof of Kyari’s wrongdoing while in office to present it through proper legal channels and not through sponsored headlines and mob protests.

The groups maintained that Kyari has done everything a true patriotic and honest leader can do. In a very difficult economic crisis and Part of the solution to Nigeria’s foreign exchange challenge, a puzzle that nearly crumbled the economy.

The statement read in part:

“We will not sit back and watch a reformer be sacrificed on the altar of politics. We call on our progressive President Bola Ahmed Tinubu to remain steadfast and not allow these desperate tactics to distract his government from the broader goal of sanitizing the petroleum sector.

“If anyone has genuine proof of wrongdoing, let them present it through proper legal channels — not through sponsored headlines and mob protests.

“Mele Kyari has done everything a true patriotic and honest leader can do. In a very difficult economic crisis, He stood for the greater good of all Nigerians instead of a few cabals. He has been Part of the solution to Nigeria’s foreign exchange challenge, a puzzle that nearly crumbled the economy.

“Let us be clear: this is not a scandal — it is a structured misrepresentation of a standard commercial transaction that predates this administration and has been carefully supervised under the regulatory and sovereign structures of the Federal Government of Nigeria.

THE TRUTH THEY WON’T TELL YOU:

“The $3.3 Billion Crude-Backed Loan Was a Sovereign Deal: This transaction, executed in collaboration with Afreximbank and backed by the Federal Government, was designed to stabilize Nigeria’s foreign exchange reserves and provide a buffer against economic shocks — not to “mortgage Nigeria’s future” as ignorantly portrayed by politically motivated street protesters hired by ungrateful elements working against the progressive leadership of President Bola Ahmed Tinubu.

“Kyari Was Not Acting Alone: Every stage of the crude-for-loan framework was vetted by relevant agencies — including the Ministry of Finance, Debt Management Office, and the Attorney General’s Office. Kyari was executing national policy, not personal ambition.

“No Missing Crude, No Diversion of Funds: There is zero evidence of crude diversion, missing shipments, or financial misappropriation. All proceeds and repayment schedules are transparent, documented, and auditable. Anyone who has a valid case should first present proof of his claims instead of taking Nigerians’ collective sense of judgment for a ride.

“Kyari Has Been Nigeria’s Most Transparent NNPC Boss in Decades: Under Kyari’s leadership, NNPC was transitioned into a commercially-run, limited liability company. For the first time in NNPC’s history, its books are published, audited, and made public. That’s not corruption — that’s reform.

PRESIDENT TINUBU REPOSES TRUST IN MELE KYARI
“On January 8, 2025, President Bola Ahmed Tinubu commended the former NNPCL GCEO, Mallam Mele Kyari, on his 60th birthday, praising his service and integrity. In the President’s words, “Kyari is a shining example and embodiment of the ideals of the Renewed Hope Agenda. I commend his commitment to creating new opportunities and ensuring the growth and sustainability of Nigeria’s energy sector.” This statement, made soon after Kyari’s exit, makes it clear that his departure was not a dismissal but a smooth transition, with his legacy of reforms and achievements in the oil and gas sector fully recognized and appreciated at the highest level.

“The Protest Is Politically Engineered: We have credible information that certain vested interests, threatened by the sanitization of the oil sector, are sponsoring protests and media hysteria to derail reforms and force Kyari out.

“We stand with Mele Kyari. We stand for due process. We stand for national interest.”

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KAM Holding GMD Felicitates Emir Of Ilorin On 85th Birthday

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  • Describes Emir As Harbinger Of Hope, Development

Stephen Olufemi Oni, Ilorin

The Group Managing Director of
KAM Holding Ltd, Dr. Kamoru Yusuf, has felicitated the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari on the occasion of his 85th birthday.

Yusuf, in a congratulatory message, praised the Emir for being an harbinger of hope and development.

The business mogul expressed delight that the reign of Sulu-Gambari has brought unparalleled development to Ilorin Emirate and Kwara State as a whole.

Yusuf added: “It is heartening that Allah has preserved Your Highness for us to cover this mileage with truckload of accomplishments in all spheres of human endeavour.

“No doubt, Ilorin has grown to be a Cosmopolitan City during your reign, and this is an attestation to Your Highness’s pragmatic leadership. With the level of growth and development in Ilorin among its contemporaries, I am of implicit confidence that what has been achieved is just a precursor for more goodies in the offing.

“On behalf of my family, management and staff of KAM Holding Limited, I congratulate Your Highness and wish you longevity of life with sound health.”

Ends

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Fire Destroys Newly Built Female Hostel at Sokoto State University

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A newly constructed female hostel at Sokoto State University was engulfed by fire on Tuesday, causing panic among students and staff.

The blaze, which started around 3:30 p.m., completely destroyed the building, which had been built to ease accommodation challenges. While the cause remains unknown, a student noted that those initially assigned to the hostel had already been relocated before the incident.

Confirming the fire, the Students’ Union President said firefighters arrived at the scene by 5:00 p.m. to combat the flames. However, authorities have yet to release an official statement on the cause or extent of the damage.

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