News
Tinubu approves upgrade of Ibadan Airport to int’l status
President Bola Tinubu has approved the upgrade of the Ladoke Akintola Airport, Ibadan, to International status.
The approval follows the request of Governor Seyi Makinde to the federal government in his bid to change the status of the Ibadan facility to global status.
Governor Makinde disclosed this on Wednesday, June 26, while receiving the Chief of Air Staff of the Nigerian AirForce (NAF), Air Marshall Hassan Baba Abubakar, who paid him a courtesy visit at the Governor’s Office, State Secretariat, Agodi, Ibadan.
Makinde assured that work will commence on the project as soon as he gets all the necessary and required documentation perfected from the Presidency.
He solicited the input of personnel of the Air Force in the state to ensure the projects meet the required operating standards.
Earlier in his remark, the Chief of Air Staff, Air Marshall Hassan Baba Abubakar urged Governor Makinde to expedite action on its ongoing 10kilometer Ajia-Airport road to ease the movement of personnel who are already relocating to the Air Force base.
He also appealed for compensation of residents of Ajia Airforce Base so as not to hinder the performance and activities of the Force.
The Nation reports that the Chief of Air Staff is in Ibadan as part of an Operational tour to Airforce formations across the country.
News
Tears As Man Takes Own Life Over Tinubu’s Govt Hardship
By Mario Deepromoter
Sad development in Marika village, Kiyawa Local Government, Jigawa, where a 40-year-old man, Jibrin Adamu, committed suicide by hanging himself.
According to eyewitnesses, Adamu’s lifeless body was discovered in a classroom at Miftahul Khairat Islamiyya and Primary School Gurdiba on Thursday.
Police spokesperson DSP Lawan Shiisu Adam confirmed the incident, stating that preliminary investigations revealed Adamu had struggled with mental health issues.
“Police received a report on Thursday that at about 1830hrs, a tragic incident was reported at the Command headquarters that one Jibrin Adamu ‘m’ age 40yrs of Jigawar Maroka village, Kiyawa LGA has committed suicide by hanging himself over the ceiling at Islamiyya school,” the Police spokesperson told Daily Post.
The Jigawa State Commissioner of Police, CP AT Abdullahi, has instructed officers to conduct a thorough investigation into the incident.
News
Just in: Dangote Petrol Now Available at N765.99 Per Litre
By Mario Deepromoter
11plc, Total Energies, AA Rano, and other marketers have begun lifting Dangote Petrol through Nigerian National Company (NNPC) Trading Limited for N765.99 to retail outlets nationwide.
Findings showed some petroleum marketers who were able to complete their payment process on the NNPC trading payment portal commenced the lifting of petrol earlier this week under the existing agreement between marketers and the refinery.
Tunji Oyebanji, managing director, 11Plc confirmed to BusinessDay on Thursday evening that some marketers have started lifting the products at N765.99 from Dangote Refinery through NNPC who remain the sole off-taker of product.
“We were among the first marketers to complete the payment on the NNPC portal. We have no direct arrangement with the refinery,” Oyebanji said.
It was gathered that NNPC Retail, 11plc, Total Energies, A.A Rano are among the marketers that have picked up products from the refinery.
He added, “We don’t know the contractual financial arrangement between NNPC and the refinery but what I can confirm is we are buying at N765.99 from NNPC to lift Dangote petrol”.
Efforts to get the Independent Petroleum Marketers Association of Nigeria (IPMAN) to confirm if its members have picked up products at the Dangote Refinery proved abortive at the time of writing this report.
See also Nigeria’s Petrol Landing Cost Revealed
Adedapo Segun, executive vice-president, downstream at NNPC said marketers cannot purchase petrol directly from the refinery because the product is still sold at a subsidised rate.
“That is the same thing happening with Dangote. I said earlier that Dangote is a company and it is going to sell at market price,” he told Journalists.
According to Segun, “The market value of PMS is still higher than what N766 or N765 or N799 that NNPC is selling.
“The situation has not changed there. So, NNPC’s off-taking is only because the others would not buy at the price Dangote will be willing to sell, which is reasonable.
“As soon as the price allows for it, you will see the marketers go to Dangote and buy.”
News
Our Country Is Bankrupt – Governor Obaseki
By Ojomah Austin.
Gov. Godwin Obaseki of Edo state has stated that “Nigeria is technically bankrupt” during an interview on Channels Television’s Politics, while elaborating on his concerns over the country’s financial health.
While criticising the Federal Government for being stuck in the past, the governor emphasized the urgent need for restructuring to facilitate progress.
“You restructure your affairs so that you can reorganize and be able to meet your obligations. But Nigeria is still behaving as if they have money like it used to.
“Nigeria has been in trouble for a while. We don’t have enough to cover our expenditures and we are not reducing our expenditures and we are not earning more. The federal government does not have the capacity anymore to manage the economy”.
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