News
SEE new price of petrol across all 36 states
By Mario Deepromoter
Despite the counter accusations by both Dangote Refinery and NNPCL over prices, the price list of petrol has emerged online.
According to reports, this is because NNPCL bought petrol at a higher price from Dangote Refinery on Sunday.
NNPCL also mentioned that Dangote Refinery sold the petrol in US Dollars, not naira, against the federal government’s directive.
However, Dangote Refinery will sell its petrol in naira starting in October.
According to a breakdown from NNPCL, Dangote Refinery sold petrol to NNPCL at N898.78 per litre.
NNPCL paid Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fee of N8.99, inspection fee of N0.97, a distribution cost in Lagos of N15, margin N26.48.
NNPCL’s statement added that the estimated pump price in:
Lagos will be N950.22
Sokoto State N999.22
Kano State N999.22
Borno State N1,019.22
Kaduna N999.22
FCT N992.22
Oyo State N960.22
Lagos State N950.22
Rivers State N980.00
Imo State N980.22
An analysis of the chart showed that except from Lagos State, other states of the federation will be paying higher because of distribution costs.
The distance from Dangote Refinery and NNPCL‘s depot in Lagos State to other states of the country majorly would determine the price differences.
The report also showed that the six geo-political zones would be paying differently.
The North East states would be paying the highest per liter from N1,019.22, followed by North West states from N999.22, followed by North Central states from N992.22, followed by South East states from N980.22, South South states from N980.22 and South West states paying the least from N960.22, except Lagos State paying from N950.22.
At the time of filing this report, the presidency is yet to speak on the latest development.
News
Tinubu Honors Lives Lost In Anambra, Abuja Crises Cancels All Events
President Bola Tinubu has called off all of his scheduled events in Lagos today in solidarity with the victims of stampedes in Anambra and the Federal Capital Territory (FCT).The tragic incidents resulted in the deaths of 10 people, including children, at the Holy Trinity Catholic Church in Maitama, Abuja, and at least 20 individuals from the Okija community in Anambra, during a rice distribution event on Saturday morning.
Special Adviser to the President on Information and Strategy, Bayo Onanuga, revealed that despite dignitaries and senior officials being present at the event venue, the President made the decision to cancel his attendance after receiving updates on the tragedies.
Expressing his condolences, President Tinubu called for stricter crowd control measures by local authorities and organizations involved in public events. He emphasized that such tragedies, including similar incidents in Ibadan, Oyo State, were preventable if event planners adhered to safety protocols.
In his statement, President Tinubu extended his prayers for the souls of the victims, a swift recovery for the injured, and urged relevant authorities to ensure better operational standards for future events. He also wished the Lagos State government success in hosting the Boat Regatta, a major festival, which was set to take place in his absence.
News
SEE Black Market Exchange Rate: USD to NGN
As of Friday, December 20, 2024, the exchange rate for the US Dollar to the Nigerian Naira at the Lagos Parallel Market (Black Market) stands at:
Buying Rate: ₦1,656
Selling Rate: ₦1,660
These rates reflect the prices at which players in the Bureau De Change (BDC) sector are buying and selling US dollars.
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, as the official directive encourages individuals wishing to engage in foreign exchange transactions to approach their respective banks for the official rates.
Official Dollar to Naira CBN Rate Today:
Highest Rate: ₦1,570
Lowest Rate: ₦1,532
Please bear in mind that the exchange rates at the black market or any other exchange point may vary based on market dynamics and fluctuations, so the rates you encounter might be different from those mentioned in this article.
News
Tinubu condoles with NUJ , IPI over Rafat Salami’s passage
President Bola Ahmed Tinubu extends his heartfelt condolences to the Nigerian Union of Journalists (NUJ) following the passing of Hajiya Rafat Onyeche Salami, the recently elected Treasurer of the International Press Institute (IPI).
Her loss has been deeply felt across the journalistic community and beyond.
Hajiya Salami also served as the Secretary of the NUJ, Abuja Council, dedicating her talents and passion to advancing journalism in Nigeria.
President Tinubu commiserates with the leadership and members of the IPI, the Voice of Nigeria (VON) staff, and the National Association of Women Journalists (NAWOJ), acknowledging Salami’s unwavering commitment to her profession and nation.
In her career as a reporter, broadcaster, and producer, Hajiya Salami tried to keep the public informed on crucial developmental issues.
Her advocacy for women’s and children’s rights was a testament to her strong voice and compassionate spirit.
President Tinubu calls upon her colleagues, friends, and family to honour her by continuing the impactful work she championed as they bid farewell to the multilingual and multitalented journalist.
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