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Osun polytechnic student dies after allegedly visiting her boyfriend

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A year-one student of Mass Communication at Osun State Polytechnic, Iree, simply identified as Wumi has died after reportedly visiting her boyfriend.

The Nation reports that the student began to develop medical complications after she returned from her boyfriend’s house where she spent the night.

“The girl slept in her boyfriend’s residence. When she left his place she developed complications and started foaming in the mouth. She was rushed to hospital but was rejected. She died on the way to another hospital.

We believe that Wumi was used for rituals by her boyfriend and that was the reason some of her friends reported the matter to the police. The officers took her body to a morgue in Ikirun community.” a source said

Confirming the incident, the spokesman of the institution, Tope Abiola, said

”Wumi “died at the weekend. We do not know the cause of death; The police are still investigating.

The boyfriend has been arrested in connection with the death. The boy is in police custody for investigation. The boy is not our student.”

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Tanker drivers threaten to stop petrol lifting Monday

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Tanker drivers threaten to stop petrol lifting Monday

Nigeria may witness another round of fuel scarcity as the Nigerian Association of Road Transport Owners, on Thursday, vowed to stop lifting petroleum products beginning from next week Monday due to the high cost of operations.

NARTO members have repeatedly raised concern over the high cost of diesel required to power their trucks for the transportation of petroleum products across the country.

Oil marketers told our correspondent on Thursday that diesel price is between N1,250 to N1,400/litre depending on the area of purchase.

NARTO’s President, Yusuf Othman, in a statement he issued in Abuja on Thursday, said the statement was an official announcement from the association’s headquarters that members of the group would park their trucks from Monday.

“Why? It is because what we spend on operations is more than what we get in total, both in local and bridging,” he stated.

Othman said NARTO members had being operating at a loss and it was no longer sustainable for them to endure the losses.

“We will have to suspend operations latest from now till on Monday. We cannot continue to operate at a loss. Most people have parked. A lot more are going to park. But from the point of the association itself, we are going to suspend operations on Monday,” he stated.

He said NARTO’s efforts to get the intervention of key stakeholders, the Federal Government and industry operators had not yielded positive results.

The NARTO president said the association had written letters on the unbearable cost of operations to the Chief of Staff to President Bola Tinubu; Minister of Petroleum Resources; Department of State Services; Nigerian Midstream and Downstream Regulatory Authority; Nigerian National Petroleum Company Limited; and oil marketers.

“We have written letters up to the level of the Chief of Staff to the President. We have written to the Minister of Petroleum Resources (Oil). We have written to the Director-General of SSS. We have written to NNPC’s boss. We have written to the NMDPRA. We have written to the major marketers,” Othman stated.

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He stressed that despite the letters, there has been “no response.”

Analysing the market situation, which the members have endured for several months, he stated that the same freight rate that applied when former President Muhammadu Buhari was in ruling, was still subsisting.

“The Lagos to Abuja freight rate that was implemented when the dollar was N650 is still retained now that dollar is N1,615. Everybody is aware that all our consumables in terms of operation are not produced in the country.

“So, by virtue of the rate of dollars, every consumables has increased. But the freight they are paying us has been the same since Buhari’s time. So how is that feasible? During Buhari’s time, one dollar was N650. Today, dollar is N1,615. The average freight from Lagos to Abuja is N32,” he stated.

Othman further explained that “what I mean by local is that when you load in Lagos, you discharge in Lagos. And bridging means that when you load from Lagos, you come to Abuja. Lagos to Lagos, we are paid N120,000.

“AGO (diesel) alone to distribute fuel within Lagos is N140,000 because it is N1,400/litre. So, they give you N120,000 and you spend N140,000. So how do you want to operate? You’ve not talked about the cost of vehicles, cost of loading, driver’s allowance. That is for local.”

He stated that the cost of moving products out of Lagos or Warri to other states was far higher than what the government was paying to tanker drivers as bridging claims.

The government pays an agreed sum to transporters of petroleum products as bridging claims in order to ensure equality in the pump prices of these products across states, though this has not been the case.

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NARTO is the umbrella organisation for commercial vehicle owners in Nigeria. The association represents the interests of those involved in haulage of petroleum products, general cargoes and passenger movement within the country and the West African sub-region.

NARTO has expressed several concerns regarding transporting petroleum products in Nigeria, impacting both their members and the overall efficiency of the process.

It has complained of poor road conditions, as frequent potholes, dilapidated bridges, and lack of proper maintenance lead to increased wear and tear on vehicles, higher running costs and longer journey times.

The association has also raised concern about traffic congestion, particularly around ports and depots, as this adds significantly to delivery delays and further increases operational costs.

On inadequate parking facilities, NARTO had stated that the lack of safe and designated parking areas often forced drivers to park in unsafe locations, leading to security risks and fatigue.

It had also raised concerns about the multiple checkpoints in Nigeria, as numerous security checkpoints could cause unnecessary delays and harassment for drivers.

Another issue is delayed payments, as late payments from oil marketers create cash flow problems for transporters.

Also the association has called for safety, because the theft of petroleum products, pipeline vandalism and other security threats create risks for drivers and equipment.

On policy and regulatory concerns, NARTO had observed that some depots limit access to specific transporters, impacting competition and efficiency.

It had stated that inconsistent or ambiguous regulations could lead to confusion and enforcement challenges, adding that transporters often struggled to access affordable financing for vehicle maintenance and upgrades.

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Uber beats revenue projections

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Uber beats revenue projections

Uber reported net income of $1.4bn, or 66 cents per share, compared with a net income of $595m, or 29 cents per share, in the same quarter last year.

Uber’s net income includes a $1bn net tailwind thanks to “unrealised gains” from revaluations of its equity investments, according to a release.

The company’s revenue for the quarter was up 15 per cent from the same quarter last year. Uber’s gross bookings came in at $37.6bn, up 22 per cent year over year.

In a prepared statement, CEO Dara Khosrowshahi said 2023 marked a year of “sustainable, profitable growth for Uber” as consumer spending continues to shift from retail to services.

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“I’m energised by the pace of innovation and the momentum I’m seeing across the company,” he wrote.

Uber reported adjusted EBITDA of $1.28bn, up 93 per cent year over year, which is slightly above the $1.23bn expected by analysts polled by StreetAccount. Uber’s adjusted EBITDA also came in above the company’s guidance of $1.18bn to $1.24bn.

For the first quarter of 2024, Uber said it expects to report gross bookings between $37bn and $38.5bn, compared with StreetAccount estimates of $37.43bn. Uber anticipates an adjusted EBITDA of $1.26bn to $1.34bn, compared to the $1.26bn expected by analysts.

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The number of Uber’s monthly active platform consumers reached 150 m in its fourth quarter, up 15 per cent year over year from 131 m. There were 2.6bn trips completed on the platform during the period, up 24 per cent year over year.

Uber’s mobility segment reported $5.5bn in revenue, up 34 per cent from the year earlier, while its delivery segment reported $3.1bn, up 6 per cent from the year prior.

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Stop competing with cars, FRSC warns Gombe bicycle riders

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Stop competing with cars, FRSC warns Gombe bicycle riders

The Federal Road Safety Corps (FRSC) has advised bicycle riders in Gombe State to avoid competing with cars on the roads to prevent possible crashes that could result in fatalities.

The Gombe FRSC Sector Commander, Mr Felix Theman, stated this in an interview with the News Agency of Nigeria (NAN) in Lafiyawo, Akko LGA, Gombe State, on Tuesday.

Theman said bicycles were part of the traffic system and that their users had the same rights as any road users, but stated that riders must not engage in whatever could create conflicts on the roads.

According to him, competing with cars and other vehicles on the road can create conflicts that may result in a crash and cause fatalities.

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He said it had been observed that some riders sometimes competed with cars, which he said was of great concern, hence the need to caution riders, especially children.

“Our roads are not built for competition, and that is why we have been emphasising the need for bicycle riders not to compete with motorcycles and vehicles.

“They must ensure they ride by the extreme right and not have any reason to be in the middle of the road.

“Also, bicycle users must avoid riding at night since bicycles don’t have lights; it is dangerous, especially for children, to use them on main roads.

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“If children must ride bicycles, they must use it within their neighbourhood where traffic activities are lower and risk of a crash is also low,” he said.

Theman said his personnel had been engaging schools in Gombe metropolis to sensitise students on the safe use of bicycles.

The sector commander also cautioned bicycle users to avoid using the left lane while riding to ensure their safety.

He advised parents to always buy helmets and other protective wear while purchasing bicycles for their children, adding that such would help improve their safety on the roads.

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