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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.”
Bishop Godwin Elim, the Senior Pastor at Live for Christ, aka Lifting Assembly in Abuja has said God’s Kingdom is the birthright of believers as this is not negotiable.
Naijablitznews reports Bishop Elim made this assertion on Saturday in his sermon drawing vivid examples from bible passages and real life examples.
This is part one of the series to run through the week.
Watch clip below;
The All Progressives Congress, APC has won all 20 Chairmanship and 236 Councillorship seats in the Ogun LG Polls.
Naijablitznews reports that the Ogun State Independent Electoral Commission (OGSIEC) on Sunday, declared all the 20 chairmanship candidates of the All Progressives Congress (APC) winners of Saturday’s local government elections conducted in the state.
The Chairman of the commission, Babatunde Osibodu also declared all 236 APC councillorship candidates as winners of the election while presenting the official results of the polls at the commission’s headquarters at Oke-Ilewo, Abeokuta, the state capital.
Osibodu said the ruling party, APC, emerged victorious across all the 20 local government areas and 236 wards in the state by polling a total of 613,156 votes cast in the exercise which witnessed major political parties like the Accord Party (AP), African Action Congress (AAC), African Democratic Congress (ADC), Action Democratic Party (ADP) and the All Progressives Congress (APC), participating.
Other political parties that participated in the exercise included the Allied Peoples Movement (APM), All Progressives Grand Alliance (APGA), Labour Party (LP), Peoples Democratic Party (PDP), Social Democratic Party (SDP), Young Progressive Party (YPP), Action People’s Party (APP), Action Alliance (AA), Boot Party (BP), People’s Redemption Party (PRP), National Rescue Movement (NRM) and Zenith Labour Party (ZLP).
The Independent National Electoral Commission (INEC) has declared Governor Lucky Aiyedatiwa as the winner of the guber election conducted in Ondo State on Saturday.
Aiyedatiwa, who is the candidate of the All Progressives Congress (APC) in the election.
He polled a total of 366,781 votes to defeat his closest rival in the election, Agboola Ajayi, who is the candidate of the People’s Democratic Party in the election.
The APC cleared all 18 local government areas.
While the PDP polled a total of 117,845 votes, the Labour Party (LP) polled 1,162 votes and the Zenith Labour Party (ZLP) polled 2,692 votes.
Prof Olayemi Akinwunmi announced the result of the Ondo governorship election at the State headquarters of INEC in Akure.
VIDEO: God’s kingdom is your birthright it’s not negotiable -Bishop Elim(Part 1)
BREAKING: APC Picks All 20 Chairmanship, 236 Councillorship Seats In Ogun LG Polls
BREAKING: INEC declares Aiyedatiwa of APC winner of Ondo guber election
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