News
NNPC Yet To Lift Petrol From Our Refinery – Dangote
By Kayode Sanni-Arewa
Dangote Refinery has rebuffed reports claiming that the Nigerian National Petroleum Corporation (NNPC) Limited, has its lifted petrol.
Dangote further clarified that the refinery is yet to announce any price for the sale of petrol from its refinery to members of the public.
This development was disclosed by the Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, in a statement on Thursday.
The statement reads: “Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at ₦897 per litre” published in the BusinessDay Newspapers of Wednesday, 4 September 2024.
“We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery.
“Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPC.”
Dangote further added, “The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we can not determine, fix, or influence the product price, which falls under the purview of relevant government authorities.
“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter.
“We are guaranteeing Nigerians of exceptionally high quality petroleum products that will be readily available all over the country.”
News
SAD ! Sokoto SSG loses daughter, three grandchildren to fire outbreak
A fire outbreak in Sokoto metropolis has caused the death of four persons, a daughter to Secretary to the State Government of Sokoto, Muhammad Bello Sifawa, and her three children.
The deceased mother was also the wife of the Permanent Secretary of the Sokoto State Ministry of Sports and Youths Development, Muhammadu Yusuf Bello.
Only the husband survived the fire which affected the entire 6-bedroom flat while family was sleeping.
Personnel of the state fire service were unable to put out the fire as it had already consumed the house before their arrival.
The remains of the 4 deceased members of the family are slated for burial at Sheikh Shehu Usmanu Danfodiyo Mosque, Sifawa, the family home of the Sokoto State SSG.
The state deputy governor, Idris Mohammed Gobir, members of the state executive council, APC stalwarts, friends and well-wishers have been trooping to Sifawa for burial rites and condolence.
News
Just in: DisCo Announces 50% Electricity Tariff Hike
By Kayode Sanni-Arewa
Aba Power, an electricity distribution company in Nigeria, has announced a significant increase in electricity tariffs for its customers in Abia State, with rates rising by over 50%. The adjustment, which took effect on January 1, 2025, has been approved by the Nigerian Electricity Regulatory Commission (NERC).
Gists9ja reports that the revised tariff structure was shared with customers through a notice posted on the company’s official X account. Under the new rates, customers in Band A feeders will now be charged between ₦219.70 and ₦241.45 per kilowatt-hour, a substantial increase from the previous rate of ₦99/kWh.
Customers in Band B will face rates ranging from ₦180.77 to ₦203/kWh, while those in Band C will pay between ₦145 and ₦205/kWh.
Aba DisCo explained that this tariff increase is necessary to address the challenges posed by the prevailing macroeconomic conditions in Nigeria.
In a statement, the company noted, “This adjustment will enable us to cushion the effects of recent macroeconomic developments on our ability to continue delivering high-quality service to our customers, in compliance with regulatory standards.”
The new tariff structure is part of ongoing efforts to maintain the company’s operations and ensure continued service delivery despite economic challenges.
News
BREAKING: Trudeau Vacates Office As Canada PM
Canadian Prime Minister Justin Trudeau announced his resignation on Monday, saying he will leave office as soon as the ruling Liberal party chooses a new leader.
“I intend to resign as party leader, as prime minister,” Trudeau, who has been in power since 2015, told reporters in Ottawa following a protracted political crisis that saw top Liberal allies urge him to quit.
More to follow…
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