Agency Report

By Muhammad Tijjani

The Railway Property Management Company Limited (RPMC) has began a property/tenant audit in Kaduna, to fish out all illegal occupants of railway lands nationwide.

The RPMC, a subsidiary of the Nigeria Railway Corporation (NRC) is saddled with the responsibility of managing all lands and landed assets of the NRC is finalising its computerised Property and Tenant Register to ascertain the number of properties and tenants under its purview for effective management.

Addressing newsmen in Kaduna, the Managing Director of the RPMC, Mr Timothy Zalanga, said a task force has been set up by the management of the company to carry out the audit.

”The task force is expected to cover Kaduna and environs as the pilot exercise before embarking on other States of the Federation.

”The exercise is expected to drive the company’s plan for a real time interactive Land Management System on a digital platform,” he said.

He warned those claiming ownership of railway lands and landed properties to desist from such claims.

The managing director called on members of the public who are illegally occupying railway lands and landed properties to regularise their stay or risk ejection.

Zalanga also called on allottees of railway lands to settle their rental obligations, while also calling on all those performing businesses along railway corridors to seek for clearance or risk ejection.

“Any illegal transfer of railway land or property to third parties will equally face revocation of allocation,”he said

He further said that as enshrined in the land use act, any land that is not in the hands of state government before the advent of the act, still remains with the Federal Government.

He explained however that for the purpose of building new rail line, as they are doing from Kaduna to Kano, the railway would, and had acquired new rail lines from the State Government, and translate it to be under the purview of the State Government.

“Some weeks ago, a conference was organied for directors of lands nationwide by the Federal Ministry of Works and Housing where issues of land ownership was particularly addressed and they were educated on who owns a land and from what period.

“The land use act (1978), already states that any land owned by the Federal Government, its Agency of parastatal, enactment of the act shall not be affected by the act, it is exempted completely,”Zalanga said

The News Agency of Nigeria (NAN), reports that prior to the news briefing, the company visited were Birnin Yero, Kakuri, Monday Market, Abakpwa, Ts’aunin Kura, /Sabon Tasha, and Television Garage all in Kaduna, where they have property and lands.(NAN)(www.nannews.ng)

========

News Local

Without fuel subsidy, a litre of petrol will cost over N400 — NNPC

BAYO WAHAB

November 10, 2022 11:23 AM

The NNPC boss says there is nowhere in the world where a litre of petrol is currently sold at N445 exchange rate.

Fuel scarcity imminent as marketer’s insist on payment of N500bn subsidy debt

The Group Chief Executive Officer of NNPC Limited, Mele Kyari says the only reason Nigerians still buy Premium Motor Spirit (PMS) better known as petrol at N170 per litre is because the Federal Government subsidises the commodity.

RECOMMENDED ARTICLES

The NNPC boss said this on Wednesday, November 9, 2022, at the Legislative Transparency and Accountability Summit organised by the House of Representatives in Abuja.

He said there is nowhere in the world where a litre of petrol is currently sold at N445 exchange rate.

“It is not possible for you to buy fuel at N170 when your actual cost is thrice that value. For instance, today, when PMS comes into this country, we transfer to marketers at N113 per litre for us to ensure N165 at the pump, so you must sell at N113 to them to be able to deliver at N165.

“That means whatever the cost, anything after that value, that is subsidy. Somebody has to pay for it. Everyone knows the price of PMS around the world. There is nowhere today that you can land a litre of PMS to the pumps at the N445 exchange rate, it is not possible,” Kyari said.

He added that “In some places, you are subsidizing up to N290 on every litre. With this regime, it is impossible for you to avoid all the wrong things that are happening. Round tripping, cross-border smuggling, document forgery-anywhere you have arbitrage, you will have these issues.”

The NNPC boss said this amid the partial scarcity of fuel in the country.

Due to this development, a litre of petrol now costs between N195 and N200 in some areas.