MARKETERS ADJUST NEW PRICE

Independent oil marketers have adjusted the pump price of petrol in the Federal Capital Territory, reflecting the purchase price from Dangote Refinery and Petrochemical Company. Checks revealed that many filling stations have increased the pump price of petrol to an average of N1,200 per liter. This adjustment follows the full deregulation of the downstream sector…

Read More

AWUJALE NOW LEADER OF YORUBA MUSLIM RULERS

The Awujale and Paramount ruler of Ijebu land, Oba (Dr.) Sikiru Kayode Adetona has been conferred with the title of ‘Amir ul Mulukil Muslimin Fi Bilad’ meaning Commander of Muslim Kings in Yorubaland, Edo and Delta States. The conferment ceremony, which took place at the Awujale’s palace ground, Ijebu-Ode, was organised by the League of…

Read More

SOLUDO’S BILL ON LG AUTONOMY

A bill introduced by Anambra State Governor, Charles Soludo, has sparked concerns that local government autonomy, recently upheld by the Supreme Court, may be undermined. The bill requires local government areas (LGAs) to remit a portion of their federal allocations into a consolidated account controlled by the state. Section 13(1) of the bill stipulates that…

Read More

NNPCL INCREASES FUEL PRICE AGAIN

The Nigerian National Petroleum Company Limited has increased the price of Premium Motor Spirit, otherwise known as petrol, from N855 per litre to N998 per litre. The increase in the price of petrol, which came on Wednesday, was noticed at the pumps at all NNPCL depots in Lagos State. The new development is a 12.7…

Read More

ATIKU’S PROPOSAL ATTRACTS REACTIONS

The single term presidency of six years proposed by former Vice President, Atiku Abubakar has sparked debate among Nigerians. Atiku, a 2023 Peoples Democratic Party, PDP, presidential candidate, had called for a single term of six years presidency for Nigeria. He proposed that Section 135(2) should be amended to read: “Subject to the provisions of…

Read More

ASUU PRAISES SANUSI ON VARSITY PROJECTS

The Academic Staff Union of Universities (ASUU) has claimed that despite allocations for intervention funds for tertiary institutions, the Central Bank of Nigeria (CBN) has stopped executing projects for public universities in Nigeria. The union said the apex bank stopped carrying out any project in public universities in 2014 after the tenure of the now-Emir…

Read More

WE’RE NOT PARTISAN, POLICE

The Nigeria Police has vowed not to engage in a media tussle with Rivers State Governor, Siminalayi Fubara over the political crisis rocking the state. The police, however, condemned the allegations by the governor, saying they were only conforming to a court order barring the force from participating in the LGA elections. A statement by…

Read More

DANGOTE: MARKETERS IN LIMBO

The Dangote 650,000 barrels per day Lagos-based refinery has ignored oil marketers’ call on direct lifting of its Premium Motor Spirit (petrol). The President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi and the President of the Petroleum Products Retail Outlets Owners Association, PETROAN, Billy Gillis-Harry disclosed this in an interview. This comes…

Read More