News
Our PMS can be in filling stations within 48 hours – Dangote
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2024/09/images-2024-09-03T084407.285.jpeg&description=Our PMS can be in filling stations within 48 hours – Dangote', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2024/09/images-2024-09-03T084407.285.jpeg&description=Our PMS can be in filling stations within 48 hours – Dangote', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
*Says, all is left with NNPCL to decide
By Francesca Hangeior.
Owner of Lagos-based refinery Aliko Dangote, on Tuesday, spoke on the pricing of petrol produced at his 650,000 barrels per day facility.
The refinery owner said as soon as his company finalises modalities with the Nigerian National Petroleum Company Limited (NNPCL), the product will hit the market.
“Our PMS (Premium Motor Spirit) can be in filling stations within the next 48 hours depending on NNPCL,” he said.
Asked to speak on the pricing of petrol from his refinery, Dangote said, “It is an arrangement which is designed and approved by the Federal Executive Council led by His Excellency, President Bola Ahmed Tinubu.
“As soon as it is finalised, which he (Tinubu) is pushing, once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market.”
He declared that “it’s a celebration day” for Nigerians and assured all citizens that they “are now going to have good petrol while the engines of your vehicles will last longer.
You will not be having an engine issue, which a lot of us were having. It won’t happen at all.
“The quality here will match that of anywhere in the world; US, America, we will make sure that nobody will beat us in terms of quality,” Dangote said.
Last December, Dangote, Africa’s leading industrialist, commenced operations at his $20bn facility sited in Lagos with 350,000 barrels a day.
The refinery, which was initially bogged by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year.
The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.
Nigeria, Africa’s most populous nation, faces energy challenges, with all its state-owned refineries non-operational. The country is heavily reliant on imported refined petroleum products, with the state-run NNPCL being the major importer of the essential commodities.
Fuel queues are commonplace in the country. Prices of petrol tripled since the removal of subsidy in May 2023, from around ₦200/litre to about ₦800/litre, compounding the woes of the citizens who power their vehicles, and generating sets with petrol, no thanks to decades-long epileptic electricity supply.
News
BREAKING: Borno Sch Releases Identities Of 36 NECO Candidates Still In Boko Haram Captivity After Invasion
The identities of the students abducted by suspected Boko Haram terrorists during Monday’s attack on Government Day Secondary School, Lassa, in Askira/Uba Local Government Area of Borno State, have emerged, as school authorities confirmed that 36 candidates remain in captivity.
Documents obtained from the school show that the missing students comprise 25 female and 11 male candidates who were writing the ongoing National Examinations Council (NECO) Senior School Certificate Examination when the terrorists stormed the school.
The development provides the first comprehensive account of those still unaccounted for following the brazen attack that once again exposed the vulnerability of schools in Nigeria’s insurgency-ravaged North-East.
The list indicates that although security forces mounted a rescue operation shortly after the attack, only seven abductees have so far regained their freedom.
Those rescued comprise five female students and two teachers.
A teacher who was among those rescued told SaharaReporters that 43 persons were initially abducted, including 41 students and two teachers, leaving 36 students still in Boko Haram captivity.
The media had earlier reported that troops of Operation HADIN KAI, backed by Nigerian Air Force surveillance and strike aircraft, pursued the fleeing terrorists into the bush, engaged them in a firefight and rescued some of the victims.
Security sources also disclosed that the troops recovered motorcycles used by the insurgents during the operation.
Speaking to the media on Wednesday, a staff member of the Government Day Secondary School, who requested anonymity for security reasons, said the attack came at a heavy cost.
According to the source, one teacher, one Nigerian soldier and a local hunter were killed during the exchange with the terrorists.
“They paid the supreme sacrifice while trying to stop the terrorists from taking away the students,” the source said.
The attack occurred while students were sitting for their NECO examinations after the insurgents reportedly infiltrated Lassa community on motorcycles, disguising themselves as soldiers and operatives of the newly created Forest Guards on the town’s market day before launching the assault. Security officials said the gunmen fired sporadically, killing a teacher before whisking away students into nearby forests.
The Borno State government has since confirmed that the abducted students are between 15 and 18 years old, while efforts involving the military, police, Civilian Joint Task Force (CJTF) and local vigilantes are continuing to secure the release of those still being held.
The latest mass abduction has renewed concerns over the persistent targeting of schools by Boko Haram and its breakaway faction, ISWAP, despite repeated assurances by Nigerian authorities that educational institutions in the North-East are adequately protected.
The media had also reported that the terrorists struck Lassa barely a day after another kidnapping incident in the same Askira/Uba axis, where several women working on their farms were abducted, highlighting the worsening security situation in southern Borno.
News
Ex- Science and Tech Minister Uche Nnaji arrested over certificate scam
Former Minister of Science and Technology, Uche Nnaji, was arrested on Wednesday at the Akanu Ibiam International Airport, Enugu, where he was scheduled to board a chartered flight to Abuja.
Sources at the airport confirmed the arrest, saying Mr Nnaji would be handed over to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for interrogation.
The ICPC had been on the trail of the former minister since he resigned from office last year following investigations that revealed he forged his academic certificates.
In mid-June, a Federal High Court in Abuja ordered the ICPC to arrest Mr Nnaji for investigation into the certificate forgery scandal. Beyond the arrest order, the court also granted the commission leave to declare him wanted through national newspapers, social media platforms and other media.
The ICPC had told the court that its ex parte application followed Mr Nnaji’s repeated failure to honour invitations extended to him for “investigative activities” over the forgery allegations.
Details shortly…
News
My Presidency will unite Nigeria for robust human capital development -Obi
The presidential candidate of the National Democratic Congress (NDC), Peter Obi, on Wednesday placed uniting Nigeria as his top priority for robust human capital development.
Writing on his X handle to unveil his vision for a “productive and prosperous Nigeria.”
Titled ” My Vision for a Productive and Prosperous Nigeria”, Obi said, “When I decided to contest for the office of President of Nigeria, I pledged to place Nigeria on the path of unity and national transformation. Now, as the Nigeria Democratic Congress (NDC) candidate, I will, in the coming weeks and months, provide insights into the roadmap that I am confident will help curb abuse in government, halt the decline in the quality of life of Nigerians at all levels, and usher in an era of unity, peace, sustained progress, and prosperity.
“This vision is anchored on a commitment to unity, inclusion, social justice, equity, and the freedom of every citizen to pursue lawful dreams.
Central to this proposed roadmap are significant reforms in education and healthcare, which are at the core of human capital development.
“A robust human capital is indispensable infrastructure for national progress. It serves as the fundamental capital upon which daily life, economic expansion, and the delivery of essential public services depend
“They are foundational areas that we must reform with energy and determination if we are to reap the demographic dividend of our youthful population.
“From the outset of my presidency, we will establish a task force dedicated to drastically reducing the menace of out-of-school children. We will place greater emphasis on Technical and Vocational Education and Training (TVET) to support our drive for massive industrialisation, anchored on our agricultural endowments and value addition across value chains organised around industrial parks to be located in development zones across the geopolitical regions of the country.
“Funding and improved equipment of TVET institutions, through partnerships among government, the private sector, and social entrepreneurs such as faith-based educators, will facilitate apprenticeship opportunities in the private sector, similar to the German dual education system.
“The situation in which unemployment remains high while Nigerian entrepreneurs establish businesses elsewhere because skilled labour is scarce must be confronted decisively. Doing so is essential for the common good and for facilitating our transition from a consumption-driven economy to a production-driven one.
“Character and civic education, emphasising the values that foster trust—an essential ingredient for enterprise and leadership—as well as shared national values, will receive significant attention within the tripartite approach to governance that we propose.
-
News23 hours agoWHO warns of disease crisis in quake-ravaged Venezuela
-
News19 hours agoFG inaugurates National Laureate Committee, unveils ₦365m Annual Research Prize for Nigerian Students
-
News23 hours agoRelief for Activist, Sowore as court grants him fresh N200m bail
-
News23 hours agoBillionaire wife Shade Okoya breaks silence following cheating allegations
-
News23 hours agoFG secures release of 136 Nigerians from Ethiopian prisons after Justice Ekwo’s judgment
-
News23 hours agoArdo Risku: Fear grips Idoma communities as security checkpoints disappear after Fulani leader’s death
-
News22 hours agoFederal High Court Issues New 2026 Pre-Election Practice Directions
-
News19 hours agoPhotos: Etsu Kwali celebrates completed Gomani – Dafa – Yangoji road

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49
You must be logged in to post a comment Login