#chevron nigeria

[educationnigeria]

New Openings: Apply for Chevron Nigeria Job Recruitment 2024

Chevron Nigeria Limited (CNL) has announced various openings to suitably qualified personnel for possible Job Recruitment into various positions in its company this year 2024. Chevron Nigeria is a top energy company working in partnership with the Nigerian National Petroleum Company Limited (NNPC). CNL operates across onshore, offshore, and deep-water regions in the Niger Delta and holds…

[mosswolf]

Shell is by far the largest foreign stakeholder in the Nigerian economy, owning 47 percent of the oil industry. Its joint venture partner in the petroleum business during Nigeria's most draconian years was the Abacha regime. Yet Shell representatives have repeatedly declared that they exercise no influence over Nigeria's rulers; Europe's largest oil corporation has thereby ducked behind the brutalities of its militaristic financial partners. Such an arrangement means that Shell and other foreign oil corporations can maintain their desired technological presence while, under cover of deference for national sovereignty, they continue to act as ethical absentees.

This arrangement has also enabled Shell to ignore appeals by the Ogoni, the Ijaw, the Ikwerre and other neighboring micro-minorities for a share of oil revenues, a measure of environmental self-determination, and economic redress for their devastated environment. For Shell, Chevron, and the other oil majors operating in the delta, these are internal, Nigerian matters that belong to a sovereign realm inaccessible to corporate influence. But the record suggests otherwise: Chevron, for example, has acknowledged transporting Nigerian forces to quell uprisings in the oil camps of Rivers State. Shell has imported arms for the Nigerian police, paid retainers to Nigerian military personnel, and made boats and helicopters available to them in assaults against protestors. This is all integral to what one former Shell scientist has dubbed "the militarization of commerce" - an apt designation, if ever there was one, of resource extraction procedures under neoliberalism across the global South.

slow violence and the environmentalism of the poor, rob nixon

[ejesgistnews]

JOB VACANCY for  Confidential Secretary. Location: Owo East LCDA, Ipele Job Requirements: Minimum of O'level qualification (Tertiary qualifications will be an added advantage) Computer literacy is essential Job Description: We are seeking a reliable and discreet Confidential Secretary to provide administrative support to the Management of Owo East LCDA. Also Apply for: Chevron Nigeria Limited Massive Job Recruitment Achievers University Massive Recruitment for Academic &; Non-Academic Staff (81 Positions) How to Apply for the Confidential Secretary Vacancy  Interested individuals should submit their applications immediately to: The Office of the Chairman Owo East LCDA Transition Committee Signed: Hon. Oluwasola Are Secretary, Owo East LCDA Transition Committee.

[mouthpiecengr]

Arik Suspension Threatens 200,000 Barrels Of Crude From Chevron

The suspension of Arik Air operations is posing a threat to the production of about 200,000 barrels of crude by Chevron, TheCable understands. A source told TheCable on Wednesday that production is affected as Chevron’s team is finding it difficult to get airlifted to Osubi airstrip — a facility close to oil-producing areas in the Niger Delta. “So for today Nigeria may not extract 130,000…

[saynaija]

Grievous Assault On Police Officers: IGP Miffed, Assures Of Protection For Officers’ Rights

Grievous Assault On Police Officers: IGP Miffed, Assures Of Protection For Officers’ Rights As Assailant Arraigned in Court, Remanded, Matter Adjourned for Hearing The Nigeria Police Force is deeply concerned about the recent reprehensible and grievous assault on a police officer in Lagos State on Saturday 22nd June, 2024 at Chevron Roundabout, Lekki, Lagos State. The Inspector-General of…

[mothersjoy]

Apply for NNPCL / Chevron JV National University Scholarship 2024

The Chevron Nigeria Limited JV scholarship awards offer a fantastic opportunity for Nigerian students to receive financial support for their university education. This initiative, run by Chevron Nigeria Limited (CNL) in partnership with the Nigerian National Petroleum Company Limited (NNPCL), underscores a commitment to fostering educational development across Nigeria. 📅 Deadline14th June 2024🏢…

[beardedmrbean]

The implications of the U.S. military withdrawal from Niger — increasingly backfilled with Russian troops — have become the subject of a heated public discussion in the West African region.

In March, Niger’s junta announced it was breaking off its decades-long military alliance with the U.S. “with immediate effect” and demanded the withdrawal of nearly 1,000 U.S. troops stationed in the country.

U.S. Secretary of Defense Lloyd Austin confirmed on May 3 that Russian military personnel have installed themselves at the American airbase in Niger. The Kremlin rebranded the notorious Wagner Group as the Africa Corps after the failed rebellion and death of its funder, Yevgeny Prigozhin, last August.

Some West Africa watchers, like Colin P. Clarke, the director of research at the Soufan Group, a global intelligence and security consultancy, expressed worry that the growing Russian presence in the Sahel, invited in by the military juntas that have ousted several democratically-elected governments, will only worsen the violence that is surging throughout the region.

“My concern is that if the Russians come in … they continue to make the terrorism problem worse, not better, and then when they’re done extracting what they want to extract, they’re going to pack up and go home, and this place is going to look like a nightmare, ” Clark told Foreign Policy magazine.

Others, like Nigerian investigative journalist and filmmaker David Hundeyin, say the U.S. never cared about protecting Africans from violent extremists but placed its troops in the Sahel to “ensure the flow of Africa’s natural resources,” the same as the “old colonial military bases.”

In a viral debate on X, on May 5, Hundeyin argued that:

’’American foreign policy sees the Uranium in Niger… the oil in Escravos and the lithium in Kogi as valuable assets… A U.S. military base anywhere in Africa serves EXACTLY the same purpose that the old colonial military bases did - to protect the flow of African resources, and not the lives of African people which America considers to be less than worthless.”

That is false.

Far from robbing the Sahel region of its natural resources, the United States has invested in strengthening its security more than any other foreign nation. Between 2001 and 2020, the U.S. dedicated $3.3 billion to the Sahel and trained at least 86,000 counterterrorism troops in the region, including nearly 18,000 in Niger. That is more than all other foreign nations combined.

U.S. long- and short-term civilian assistance in the region remains a significant source of food security, energy, agriculture, and transportation. In 2022 alone the U.S. spent about $11 billion in the African region, including $1 billion aid in humanitarian assistance to people affected by conflicts, floods, droughts, famine, and other disasters in the Sahel region, which includes Niger, Burkina Faso and Mali.

Niger is also one of the biggest beneficiaries of USAID’s programs through the Bureau of Humanitarian Assistance.

As for the U.S.’s role in extracting Africa’s natural resources: China, France, Japan, and Spain are the largest extractors of uranium in Niger. China is also the single largest harvester of Nigeria’s lithium. Two private U.S. companies, Chevron and Exxon Mobile, are involved in Nigeria’s oil production through local subsidiaries.

Nigerian oil

The Nigerian government controls all sectors of the nation’s oil and gas industries through the Nigerian National Petroleum Corporation, NNPC, the largest oil producer in Nigeria that operates under joint ventures with about 50 gas and oil companies.

The Escaravos GTL (gas to liquids) plant that Hundeyin named in his X post is a local subsidiary of the U.S. private firm Chevron and has a 75% share of that plant’s production in partnership with NNPC, which controls the remaining 25%.

Apart from Chevron, the top five oil and gas companies operating in Nigeria include a Nigerian government-controlled subsidiary of the British Shell Energy Nigeria; a Nigerian government-controlled local subsidiary of the U.S. Exxon Mobil; a Nigerian government-controlled subsidiary of French firm Total Energies and Italian Eni Spa; and Equinor ASA, another Chevron subsidiary, co-owned by a local firm, Prime 127 Nigeria Ltd.

Nigeria lost to corruption and mismanagement an estimated $35 billion in oil revenues between 2019 and 2022.

Eni Spa, Exxon, Shell, and TotalEnergies have all sought to exit Nigeria's oil-rich Niger Delta in recent years, citing security concerns, including theft and sabotage, to focus instead on deep-water drilling.

Nigerian lithium

According to public records, the U.S. government has zero involvement in the mining of Nigeria’s lithium.

When Tesla, a private U.S. company that manufactures electric vehicles, expressed interest in forming a trade relationship with the Nigerian government to mine lithium, Nigeria declined the offer, conditioning the agreement on Tesla’s establishment of a battery factory in Nigeria.

In February 2023, the Nigerian government awarded a contract to build the country’s first lithium-processing plant to China’s Ming Xin Mineral Separation Nig Ltd. (MXMS), making it the single-largest lithium harvester in the country. China proposed a plan to manufacture batteries for electric vehicles (EVs) in Kaduna, a state in northwestern Nigeria, projected to yield 18,000 metric tons of lithium daily.

Nigeria's Minister of Solid Materials Dele Alake said that "…no company would be allowed to mine and export raw lithium unless they set up processing and refining plants in Nigeria."

As of January 2021, the Nigerian government had licensed 185 local companies to commence extraction of lithium in Nassarawa, Kogi, Kwara, Ekiti, and Cross River States.

Nigerien uranium

Hundeyin’s suggestion that the U.S. government has stakes in Niger’s uranium is also false.

Niger’s Ministry of Mines has on its website a list of five companies licensed by the Nigerien government to mine uranium. The list does not include any U.S. firms. Instead, the Nigerien government is the major shareholder, partnering with Chinese, French, Spanish, Japanese, and South African companies.

[reportafrique]

Nigeria Concedes 36 Oil Blocks to International and Indigenous Companies

The latest data from the Nigerian National Petroleum Company Limited (NNPCL) reveals that a total of 36 oil blocks are currently under concession to international and indigenous oil companies operating in Nigeria. The information is extracted from NNPCL's new Consolidated and Separate Financial Statements for the 16 months ending December 31, 2022. Block Distribution and Classification: Deepwater: 8 blocksContinental Shelf: 5 blocksLand: 15 blocksSwamp: 5 blocksPartially Swamp: 3 blocksThese blocks are categorized into Oil Prospecting Licence (OPL) and Oil Mining Licence (OML). OPLs, granted for exploration and production, include 244, 242, 214, 223, 251, and 325. OMLs, granted for confirmed potential commercial production, include 154, 139, 119, 60-63, 111, 148, 65, 26, 28, and 30, among others. Operational Status: Exploration ongoing on 9 blocks20 blocks classified as producing3 blocks fall under the development categoryNNPC Exploration and Production Limited, a subsidiary of NNPCL, holds a 100% interest in nine of these blocks, including OPL 242 and OMLs 119, 111, 65, 34, 64, 4, 11, and 24. NNPCL, through NEPL, collaborates with various international and indigenous companies in commercial arrangements. Operating parties include Agip, ExxonMobil, Mobil, Ashbert, NEPL, AshbertiNNPC, NAOC (Nigeria Agip Oil Company), Enageed, Seplat, Newcross, Chevron, Oando, Vescar, SO, Nesten, ESSO, TEPNG, Nexen, FHN, Shoreline JV, SPDC, ND Western, and Neconde. The report highlights NNPCL's mandate under Section 64 of the Petroleum Industry Act of 2021 to operate on a commercial basis comparable to private companies. It is also tasked with managing Production Sharing Contracts, Profit Sharing, and Risks Service Contracts on behalf of the federation. Economist Dr Sam Nzekwe emphasized the need for transparency, stating that the proceeds from these concessions should benefit the larger masses rather than a select few. Read the full article

[gbeducitynews]

Nigeria’ll meet 1.7m bpd oil production target in 2024 budget – Lokpobiri

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that Nigeria will reach and exceed the 2024 crude oil production budget target of 1.7 million barrels per day (bpd). Lokpobiri stated this during a stakeholder interactive session on Creating Value and Enabling Investments in Nigeria’s Oil and Gas Sector, hosted by Chevron Nigeria Plc. Lokpobiri said in a…

[sonali2345]

Gasoline's Journey: Market Trends and Future Outlook

Gasoline, a vital transportation fuel for automobiles, is matched in usage within internal combustion engines (ICE) only by diesel fuel, which dominates the commercial vehicle sector. It is also employed as an aviation fuel for propeller aircraft and finds applications in recreational vehicles and certain marine vessels. Predominantly utilized as a fuel for spark-ignited internal combustion engines, gasoline is primarily composed of organic compounds derived from fractional oil refining. To enhance fuel performance, various additives are incorporated, and to mitigate pollution from fuel combustion, gasoline is blended with ethanol. 

Request sample PDF of this report : https://www.alliedmarketresearch.com/request-toc-and-sample/13214  

Scope and Structure of the Market Analysis: 

Market Size for the Years: 2020–2030 

Base Year: 2020 

Forecast Period: 2021–2030 

Forecast Unit: Value (USD) 

Segments Covered: End User, Region 

Regions Covered: North America, Europe, Asia-Pacific, LAMEA 

Notable Companies: Chevron Corporation, Exxon Mobil Corporation, PetroChina Company Limited, Qatar Petroleum, Reliance Industries Ltd. 

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/13214 

Impact of COVID-19: 

The COVID-19 outbreak coincided with an already challenged oil market, exerting additional pressure on oil prices. The virus has raised concerns about potential business disruptions and economic impact. Reduced construction, tourism, entertainment, and factory closures in China have major implications. While the outbreak's containment could lead to optimistic oil price trends, the industry could face initial downward pressure due to ongoing uncertainties, potentially followed by OPEC production cuts and rising prices. The scale and interconnectedness of the outbreak compared to SARS in 2003 amplify its potential impact, especially given the substantial growth in Chinese trade and production over the years. 

Key Influencing Factors: 

Rising global population, increased vehicle numbers, and the accessibility of gasoline contribute to its prominence as a fuel.  

However, the push for cleaner energy sources to curb carbon emissions may hinder market growth. 

 The transportation segment is expected to dominate the gasoline fuel market, with opportunities emerging from the use of portable gasoline generators in homes and events. 

Market Trends: 

Global Gasoline Exports: In 2019, China's increased gasoline exports to Mexico and Nigeria reflected growing demand amid new production trends. 

Vehicle-Focused Consumption: Gasoline's primary role as a vehicle fuel has driven its growth, with global gasoline consumption reaching 24,324 thousand barrels per day in 2019. 

Continued Growth: Europe, the Middle East, Africa, and Asia-Pacific regions have experienced substantial gasoline consumption growth due to industrialization and increased vehicle numbers. 

Get a Customized Research Report @ https://www.alliedmarketresearch.com/request-for-customization/13214 

Key Market Segments: 

End User: Transportation, Power Generation, Others 

Region: North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, Rest of Europe), Asia-Pacific (India, China, Japan, Korea, Rest of Asia-Pacific), LAMEA (South Africa, Brazil, Saudi Arabia, Rest of LAMEA) 

Report Benefits: 

This comprehensive report offers an analytical depiction of the gasoline as a fuel industry, highlighting current trends and future investment opportunities.  

It provides insights into key drivers, restraints, and opportunities, along with detailed market share analysis.  

The report quantifies the market's growth scenario from 2020 to 2030, utilizing Porter's five forces analysis to assess buyer and supplier dynamics.  

It presents a detailed competitive analysis, shaping the competition's trajectory in the years ahead. 

Market Report Highlights: 

End User Segmentation: Transportation, Power Generation, Others 

Regional Analysis: North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, Rest of Europe), Asia-Pacific (India, China, Japan, Korea, Rest of Asia-Pacific), LAMEA (South Africa, Brazil, Saudi Arabia, Rest of LAMEA) 

Key Market Players: Qatar Petroleum, Chevron Corporation, Reliance Industries Ltd., PetroChina Company Limited, Exxon Mobil Corporation 

[joecrackconcept]

Chevron Nigeria Limited (CNL) For NMA Postgraduate Interns

Chevron Nigeria Limited (CNL) is one of the largest oil producers in Nigeria and one of its largest investors. In Nigeria, we operate under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for the onshore and offshore assets in the Niger Delta region. Continue reading Untitled

[pressgisttv]

Chevron Nigeria Limited (CNL) For NMA Postgraduate Interns

Chevron Nigeria Limited (CNL) is one of the largest oil producers in Nigeria and one of its largest investors. In Nigeria, we operate under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for the onshore and offshore assets in the Niger Delta region. Continue reading Untitled

[ejesgistnews]

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has boldly challenged any Peoples Democratic Party (PDP) governor or leader to publicly accuse him of being a mole. Speaking on Friday during an interview on Channels Television's *Politics Today*, Wike expressed frustration over ongoing accusations within the party.   Wike disclosed that before accepting his ministerial appointment, he had formally informed the PDP at various levels, including his state chapter, zonal representatives, and the national leadership, of his decision. Read Also: Binance Executive’s Indefinite Jail in Nigeria Violates Due Process He stated, “I wrote letters to the PDP in my state, my zone, and the national level. Who in the PDP is calling me a mole? Name names."   The former Rivers State governor also reiterated his defiance, challenging PDP leaders to come on national television and confront him directly. He defended his actions during the 2023 elections, highlighting his refusal to support the PDP presidential candidate, citing issues of equity and fairness. Pay Attention To: Chevron Nigeria Limited Massive Job Recruitment Wike concluded by asserting his loyalty to his leadership style, emphasizing that his decisions are transparent and principled.

[thxnews]

The Story of Chevron Corporation’s Rise to the Top

  Chevron Corporation is one of the largest and most recognized corporations in the United States, with a long and storied history. From its humble beginnings as a small oil company in California, it has grown into a global leader in energy production, distribution, and services. But how did Chevron come to be the powerhouse that it is today? Let’s take a look at Chevron’s untold story.  

Storage Tanks of the Standard Oil Company, circa 1910 - Whiting, Indiana. Photo by Steve Shook. Flickr.  

The Early Days of Standard Oil Company

Chevron traces its roots back to the Standard Oil Company, which was founded by John D. Rockefeller in 1870. At its height, Standard Oil controlled up to 90 percent of all U.S. refineries and pipelines, giving Rockefeller an almost monopolistic grip on the nation’s oil production market. In 1911, following a landmark Supreme Court ruling that declared Standard Oil an illegal monopoly, the company was broken up into 34 smaller companies—one of which was California-based Standard Oil Company (California).   The Birth of Chevron In 1926, Standard Oil Company (California) merged with another former arm of Standard Oil called Gulf Oil Corporation. This merger created what is now known as Chevron Corporation. Initially called Caltex Petroleum Corporation, it changed its name to Chevron Corporation in 1984 after acquiring Texaco Inc., a move that more than doubled its size and scope. Following this acquisition, Chevron became one of the world’s largest integrated energy companies with operations spanning more than 180 countries around the globe.   Expanding Beyond Oil Production Chevron is no longer just an oil company; it is a major player in natural gas production as well as renewable energy sources like solar and wind power. It also operates convenience stores across North America under its brand name "Chevron ExtraMile." The company continues to invest heavily in research and development with a focus on sustainability initiatives such as alternative energy sources and cleaner burning fuels for cars and trucks. These investments have helped cement Chevron's reputation as one of the most innovative energy companies in the world today.  

Chevron gas station in San Francisco, California. Photo by Cool Caesar. Wikimedia.  

Chevron’s Acquisition Strategy

In 1901, SOCAL reorganized itself under the name Standard Oil of California (SOCONY) and began acquiring other oil companies throughout the United States. Over time, SOCONY expanded its reach even further when it acquired interests in Venezuela, Indonesia, South Africa, Angola, Gabon, Nigeria, Thailand, and Mexico. By 1929 SOCONY had become one of the largest oil producers in the world.   Chevron's Acquisition Philosophy Chevron views acquisitions as an important part of its growth strategy. The company seeks out opportunities that will increase its geographic presence, expand its operations, and improve its competitive position in the market. By doing so, it can leverage existing assets and resources to gain a competitive edge over other players in the industry.   Chevron the Deal Maker Chevron Corporation also looks for deals that are value-accretive, meaning they will add value to the company on an ongoing basis. This means that when evaluating potential acquisitions, Chevron looks for businesses that have strong management teams, high-quality products or services, and demonstrated potential for future growth. This focus on long-term value creation helps ensure that any acquisitions will provide returns for years to come.   How Chevron Executes Its Acquisitions Once a potential target has been identified, Chevron enters into negotiations with the target company’s owners or shareholders to purchase their shares or assets. Often these negotiations are complex due to differing interests between both parties but ultimately result in an agreement based on fairness and mutual benefit. Once an agreement is reached, it must then be approved by regulators before it can be finalized. Once all conditions are met, the transaction is closed, and ownership transfers from one party to another.  

Chevron El Segundo Refinery, California. Photo by Pedro Szekely. Flickr.  

Chevron Today and Tomorrow

With an estimated market capitalization of nearly $200 billion, Chevron is a powerhouse in energy production, exploration, refining, and marketing. But what does the future hold for Chevron beyond 2023? Let’s take a closer look at this giant of the industry and its potential role in the economy after 2023.   Chevron's Current Position Currently, Chevron operates more than 3400 service stations across the US, has indirect operations in over 80 countries worldwide, and produces roughly 2 million barrels of oil per day. In addition to producing oil and gas products, Chevron also refines petrochemicals such as lubricants, waxes, and solvents. Despite its size and presence on the global stage, Chevron has had to face many challenges due to changing environmental regulations as well as technological advances that have seen other energy sources becoming more popular than ever before.   The Future of Chevron Despite these challenges, Chevron Corporation remains committed to its core mission of providing reliable energy resources to power America’s economy. As part of this commitment, it has announced plans to invest heavily in clean energy projects over the next few years. This includes investing $100 million into renewable energy projects and up to $3 billion into low-carbon technologies such as electric vehicles and carbon capture technology by 2023. This commitment demonstrates that despite external factors affecting the oil and gas industry today, Chevron remains focused on serving customers around the world with quality products while also taking steps toward reducing emissions from its operations.  

Chevron Corporation uses digitization and AI at the pump. Photo by Rafael Castillo. Flickr.  

Digitalization for Future Proofing

Chevron has made substantial investments in digitalization efforts to maintain its competitiveness in an ever-changing landscape. These investments encompass a wide range of technologies, including autonomous robots for data collection and pipeline monitoring, AI-powered analytics platforms, predictive maintenance software, digital twin technology, cloud computing services, advanced drone surveillance systems, cybersecurity measures, AI, ML, NLP, blockchain, big data analytics platforms, RPA, VR simulations, AR visualizations, geospatial imagery analysis software, mobile app development tools, and 3D printing for materials testing. These forward-thinking investments position Chevron for long-term success beyond 2023, distinguishing it from competitors still transitioning from traditional business models to digital solutions.  

Conclusion:

Chevron Corporation has come a long way since its beginnings as a small oil company in California nearly 140 years ago. Through strategic acquisitions, it has become one of America's largest corporations with operations all over the world. Its success story serves as an inspiration for American businessmen who are looking to achieve similar heights through hard work and smart moves. With its impressive track record, Chevron looks set to remain at the top for many more years to come!   Sources: THX News & Chevron. Read the full article

[jameswilliam143]

Make Your jobs in Delta

Delta is a state in southern Nigeria with a population of over 4 million people. The state is known for its oil and gas industry, agriculture, and tourism. Delta also has a thriving manufacturing sector, with companies producing products such as cement, ceramics, and steel. If you are looking for job opportunities in Delta, here are some industries to consider. If you are interested jobs in Delta  research job openings in these industries and be prepared to network, submit applications, and attend interviews to secure a job.

Delta is home to one of the largest oil and gas reserves in Nigeria. The state has several multinational oil and gas companies operating in it, including Shell Petroleum Development Company, Chevron Nigeria Limited, and Nigerian National Petroleum Corporation. The industry provides job opportunities in areas such as drilling, exploration, production, engineering, and logistics.

Delta has a diverse agricultural sector, with the state producing crops such as oil palm, rubber, cassava, yam, and rice. The state also has a thriving fishing industry, with several fishing villages along its coast. Job opportunities in the agricultural sector include farming, processing, marketing, and distribution.

The state also has a textile industry, with companies producing fabrics and clothing. Job opportunities in the manufacturing sector include production, quality control, engineering, logistics, and sales.

Federal University of Petroleum Resources, and Delta State Polytechnic. The education sector provides job opportunities in areas such as teaching, research, administration, and support services.

In conclusion: Delta state has a diverse range of industries that provide job opportunities for its residents. From the oil and gas industry to agriculture, manufacturing, hospitality, and education, there are many options to consider.

[hardynwa]

Students pay for transport with foodstuff in Lagos over Naira scarcity

The controversial cashless regime of the Federal Government continues to take a toll on citizens across the country, including students. The redesign policy of the Central Bank of Nigeria, CBN, and insistence on the use of only new naira notes have starved millions of funds since January. Last week, the Supreme Court nullified the enforcement of new notes, extending the validity of the old N200, N500, and N1,000 till December 31. The apex court declared that President Muhammadu Buhari’s action was not only not permitted under democracy, it breached the Constitution and the rights of the citizens. Though the CBN was directed to release the new notes immediately, they are yet to circulate as expected. Only a few banks and Automated Teller Machines, ATMs, have adequate cash. In Lagos, some students say they have been paying for transport and other services with foodstuffs they took from home. On Tuesday, two students of the Government Technical College in Odomola, Epe, narrated their experience to DAILY POST. Ridwan, who studies Plumbing and Pipefitting, said he had to pay for his fare with rice while returning to school on Monday. The teenager recalled how the drivers of the buses he entered initially got furious when he could not provide cash but eased after he offered food. “As I was leaving in the morning, I could not get cash from the ATM or PoS, so I used the only cash with me to get to Chevron bus stop. “It was rice that helped me get to school. The price from Chevron to Ajah is N300 but I gave the bus driver one derica of rice. “Ajah to Epe is N1,000…I paid with another one derica. When I got to Epe, I explained to the okada man that I didn’t have cash but had food. “He took me to my area near Landlord Association road and I gave him one derica instead of paying N300. That’s how my three derica finished,” he lamented. Tunde, who studies Garment Making, revealed he used a loaf of bread in exchange for transport on Sunday, saying other colleagues do the same in recent times. “No cash and we cannot withdraw for some weeks now. The foodstuff we take from home is small but we don’t have a choice other than use it to find our way. “If you’re not ready to drop something, no car, bus, okada, or even keke will carry you except the ones that decide to assist because we are students,” he said. Meanwhile, Socio-Economic Rights and Accountability Project, SERAP, has asked President Buhari to disclose how his government is obeying the court order. Reacting to the judgement, Ebun-Olu Adegboruwa, SAN, said the Supreme Court displayed courage and rescued Nigerians from “the pangs of death, frustration and looming economic recession.” Read the full article