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Military pounds terrorists, kills commanders 

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Military pounds terrorists, kills commanders 

The Defence Headquarters says troops of Operation Hadin Kai neutralised several terrorists and foiled a complex drone-assisted attack during intensified operations in the North-East.

According to a report by the News Agency of Nigeria (NAN), the Director, Defence Media Operations, Maj.-Gen. Michael Onoja disclosed this on Friday in Abuja while giving an update on military operations from March 13 to March 19.

Onoja said troops repelled a major terrorist assault in Mallam Fatori, Abadam Local Government Area of Borno, killing dozens of fighters, including senior commanders.

He said follow-up exploitation operations led to the recovery of 74 terrorist bodies and a cache of arms, including 38 AK-47 rifles, three PKT machine guns and an RPG tube.

“Troops also thwarted multiple infiltration attempts across Bama, Gujba and Kaga Local Government Areas, while key logistics suppliers and informants were arrested.

“Coordinated air and ground operations also repelled attacks in Baga, Damboa, Buratai and Njimtilo, degrading ISWAP capabilities,” he said.

Onoja added that troops intercepted suspected gunrunners in Taraba, recovering ammunition, cash and motorcycles.

He reaffirmed the military’s commitment to sustaining pressure on terrorists and restoring stability in the region.

In the North West, Onoja, said troops of Operation Fansan Yamma recorded major breakthroughs in Zamfara, Katsina, Kaduna and Kebbi states, rescuing kidnapped victims and disrupting criminal networks.

He said troops neutralised terrorists in Shinkafi Local Government Area of Zamfara and recovered arms and motorcycles.

“In Katsina State, troops rescued four kidnapped victims, while in Kaduna, they foiled the abduction of a cleric, forcing the attackers to flee,” he said.

Onoja added that a female ammunition courier intercepted in Kano with 884 rounds of ammunition highlighted ongoing efforts to dismantle logistics networks.

In the North-Central, he said troops of Operations Savannah Shield and Enduring Peace arrested suspected terrorists and ammunition couriers in Kwara, Plateau and Nasarawa states.

He said troops also rescued abducted victims in Plateau and Benue, while illegal mining activities were disrupted in the FCT and adjoining areas.

“These operations demonstrate the Armed Forces’ resolve to deny criminal elements freedom of action and ensure the safety of citizens,” he said.

In the Niger Delta, Onoja said the military intensified its crackdown on oil theft and criminal activities in the region, recording multiple arrests and recoveries.

He said troops of Operation Delta Safe uncovered illegal oil bunkering sites and intercepted large quantities of stolen petroleum products.

He said operations in Delta, Bayelsa and Rivers states led to the arrest of suspects involved in kidnapping, illegal refining and drug trafficking.

“Troops dismantled illegal refining sites, seized over 3,000 litres of illegally refined products and intercepted vehicles and boats conveying stolen fuel,” he said.

Onoja added that anti-drug operations resulted in the arrest of several suspects and the recovery of illicit substances.

In the South-East, he said troops of Operation Udo Ka neutralised suspected terrorists and recovered improvised explosive devices in Imo.

He added that clearance operations also led to the arrest of suspected cultists and the recovery of weapons in Ebonyi and Cross River.

According to him, the successes underscore the military’s commitment to safeguarding critical infrastructure and maintaining law and order nationwide.

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Police promote 17,952 junior officers

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The Nigerian Police has promoted a new set of junior police officers.
The Exclusivesonline gathered that the promotion is part of ongoing efforts to enhance personnel welfare, boost morale, and reward diligence, professionalism, and dedication to duty.
17,952 junior police officers across various ranks in the Nigeria Police Force were promoted.
The Inspector-General of Police (IGP), Olatunji Disu, said the promotion exercise, which spans Commands and Formations nationwide, comprises the elevation of 165 Sergeants to the rank of Inspector, 73 Corporals to the rank of Sergeant, and 17,714 Constables to the rank of Corporal.
He noted that timely promotion remains a critical component of the Force’s human resource management strategy and a key tool for motivating officers to remain committed to discharging their constitutional responsibilities.
The IGP emphasised that the advancement of deserving personnel reflects the commitment of the current Police leadership to merit, career progression, and institutional development.
Disu congratulated the newly promoted officers and charged them to see their elevation as a call to greater responsibility, professionalism, discipline, and dedication to service.
According to a statement issued by the Force Public Relations Officer, DCP Anthony Placid, the IGP urged them to uphold the core values of the Nigeria Police Force and continue to discharge their duties with integrity, respect for human rights, and commitment to the rule of law.
He said the NPF remains steadfast in its commitment to promoting excellence, rewarding hard work, and strengthening institutional capacity in line with global best practices in policing.
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POS threatens to suspend services

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This may not be the best of times for the POS operators and many Nigerians, as The Association of Point of Sale Service Providers {POS} have threatened to suspend and cripple banking operations in the country if the Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection Act (FCCPC) fail to immediately intervene in the alleged exclusivity practice by Verve International and Interswitch Limited.

The Association disclosed this in a statement signed by Yomi Idowu, Communications Consultant to the Association.

According to Idowu, the POS operators have written a letter to protest the alleged persistent unlawful decisions of the two companies, noting that the actions of Verve and Interswitch negate ‘extant rules and regulations of the Central Bank of Nigeria{CBN} and the Federal Competition and Consumer Protection Act  {FCCPC}, 2018.

The Association of POS Service Providers emphasised that ‘As representatives’ of a coalition comprising several Central Bank of Nigeria  Licensed payment acceptors/acquirers, processors and switches, they would have no option but to suspend acceptance/acquiring, processing and switching of Verve Card transactions.

The Point of Sales Association in the letter was quoted  thus: “This decision has become unavoidable due to the persistent and escalating unlawful conduct of Verve International (Verve) and Interswitch Limited (Interswitch) which according to the Association jointly undermine “The integrity of Nigeria’s payments ecosystem, erode the capital base of participating  institutions  and violate several regulatory  requirements.”

The Association highlighted the breaches as including but not limited to: maintenance of an exclusive monopoly over Verve transaction processing; abuse of dominant position in the domestic card scheme market, contrary to section 72 of the Federal Competition and Consumer Protection Act 2018(FCCPCA) and Section 3,4,7,3 of the CBN Guidelines on Operation of Electronic Payment  Channels; imposition of scheme fees in excess of the regulated Merchant Service Commission(MSC) share attributable to acquirers under extant CBN regulations and; unauthorised and unlawful debits from settlement accounts of Acquirers, and Processors /Switches.

The POS Association recalled that its members contributed immensely to building the acceptance and growth of Verve cards at enormous cost to its members in compliance with the CBN regulations without subsidy from Verve and Interswitch as a domestic scheme in Nigeria.

Mr Idowu concluded that “Ironically, the association emphasised that other card scheme operators have since abolished all forms of exclusivity in compliance with the CBN regulations.”

 

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No end in sight to cooking gas price increase

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The surge in the price of cooking gas may not end soon if the current development is to go by.
1 kg of cooking gas is currently N2,000 as against N1,200 that was sold some months back.
Many Nigerians are currently groaning over the surge in the price of cooking gas.
The Exclusivesonline gathered that Nigerians may have to wait for a while unless drastic action is taken to address the sudden increase in the price of cooking gas.
The  Nigerian Association of Liquefied Petroleum Gas Marketers [NALPGAM] has also warned that the supply crisis could push millions of households and businesses into deeper hardship.
Operators in the industry attribute the rise to supply pressure in depots, high replacement cost, logistical hiccups, and foreign exchange pressure influencing importation and distribution of LPG and festive demand surge.
The Exclusivesonline gathered that the price of cooking gas has surged three times recently within two weeks. It rose from N1,200 to N1,500, then N1,700 and N1,800 per kilo and now, as at May 27th, is selling for N2,000-N2200 in various towns in Nigeria. Many Consumers refilled a 12.5kg cylinder of gas for N24,700 and more last week.
Executive Secretary of the NALPGAM, Bassey Essien, said that marketers made repeated representations to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) seeking incentives, but have not received relief.
“The problem is beyond marketers. Domestic suppliers such as NLNG and the Dangote refinery cannot meet the rising demand,” Essien said.
Industry data show NLNG has supplied about 400,000 metric tonnes to the domestic market since 2020, when local demand was around 1.2 million metric tonnes.
Demand has now risen to about 1.9 million metric tonnes, leaving a significant shortfall. Dangote Refinery’s earlier contribution to the local market — previously as much as 50 per cent of its available LPG — has been cut back because some output is being used as feedstock for fertiliser production.
According to him, the NLNG has been supplying the entire 400,000 metric tons to the local market since 2020 when market demand was about 1.2 million metric tons.
Now, the demand has risen to 1.9 million metric tons, and the supply from NLNG cannot come anywhere close to meeting market needs.
According to Essien, off-takers previously obtained between 500 and 5,000 metric tonnes from Dangote, but this has now been reduced to about 250 metric tonnes.
The supply shortage has caused wholesale depot prices to jump to between N25.2 million and N26.2 million for a 20-metric tonnes truck.
Recall that the federal government had, in November 2024, tried to stop the export of LPG to boost domestic supply, but investigations revealed that the export has not stopped entirely.
The Minister of State, Petroleum Resources (Gas), Obongemem Ekperikpe Ekpo, had announced the directive on 22 October 2024 in Abuja, after a high‑level meeting with industry stakeholders, including NNPC Ltd. and LPG producers.
Meanwhile, NALPGAM executive secretary, Bassey Essien, said the domestic price has continued to increase because the quantity supplied by NLNG is benchmarked at international market prices and, as such, marketers would add up their running costs, which pushes up the price that is transferred to consumers.
Also, the Nigerian LPG marketers are aggressively seeking government incentives and market reforms to stimulate demand, stabilise erratic retail prices, which have now surged toward N1, 800 to N2,000 per kg, and triple the country’s annual supply to 6 million metric tonnes.
To achieve sustainable market penetration, the industry is advocating the following critical incentives: the elimination of Value-Added Tax (VAT) on locally produced cooking gas and subsidising the cost of cylinders and accessories for low-income groups and cooperatives.
Developing robust domestic blending, storage, and delivery facilities is also part of their demand to cut landing and operational costs.
Also, enforcing the prioritisation of domestic LPG allocation over exports to prevent severe structural supply deficits, while providing forex intervention to help marketers ease the financial burden of importing equipment and products amid volatile global energy shocks.
Meanwhile, the global LPG market is actively surging, driven by a strong shift toward clean residential energy and petrochemical feedstock needs.
The market valuation is projected to grow significantly from approximately $176 billion to $273 billion by 2034.
However, this upward trend is accompanied by increased price volatility due to geopolitical supply disruptions.
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