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Just in: Dangote Petrol Now Available at N765.99 Per Litre

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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.

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“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.

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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.

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“As soon as the price allows for it, you will see the marketers go to Dangote and buy.”

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Civil Service Week: Aig-Imoukhuede Foundation Strengthens Public Sector Reform Efforts

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By Gloria Ikibah 

The Aig-Imoukhuede Foundation has reinforced its commitment to public sector transformation in Nigeria by serving as the Diamond Partner at the inaugural International Civil Service Conference (ICSC), which will be held in Abuja from June 25 to 26, 2025.

The Foundation’s involvement in the conference underscores its ongoing partnership with the Office of the Head of the Civil Service of the Federation (OHCSF), a relationship rooted in years of collaboration aimed at modernising Nigeria’s civil service. Key initiatives from the partnership include the co-development of the Federal Civil Service Strategy and Implementation Plan (FCSSIP25), digital reform programmes, and large-scale civil servant training initiatives.

Executive Vice Chair of the Foundation, Ofovwe Aig-Imoukhuede, said: “Our partnership reflects a shared vision of building a world-class civil service capable of delivering transformative iimpact. 

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“We believe in the role of a strong public sector in shaping Africa’s future, and we remain committed to nurturing leadership and innovation within Nigeria’s civil service”.

One of the highlights of the Civil Service Week celebrations is the expansion of the Emily Aig-Imoukhuede Endowment Fund, which recognises excellence in public service. 

This year’s edition introduces two new award categories: the Presidential Civil Service Merit Award with a ₦500,000 cash prize and the EPIC Award from the Head of the Civil Service of the Federation, offering ₦250,000. Since its inception, the Fund has distributed over ₦50 million in prizes to 111 outstanding civil servants.

In addition to recognition initiatives, the Foundation has played a central role in supporting the digitalisation of the OHCSF, a project that has sparked similar reforms across various ministries and agencies. Through signed Memorandums of Understanding (MOUs), the Foundation is working with other public sector institutions to extend these reforms and foster a digitally empowered civil service.

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The upcoming conference will bring together public sector leaders from across Africa to exchange ideas, share reform strategies, and explore opportunities for cross-border collaboration. 

The event is seen as a milestone in Nigeria’s civil service reform agenda and a step toward positioning the country as a regional leader in governance innovation.

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“I am not happy Iran, Israel violated ceasefire deal -Trump declares

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US President Donald Trump said Tuesday that a ceasefire between Iran and Israel was holding, shortly after he lashed out at both countries and cursed as he accused them of violating the truce.

In a fast-moving series of declarations, the 79-year-old Republican, who was on his way to attend a NATO summit in The Hague, posted on his Truth Social app that “the Ceasefire is in effect!”

“ISRAEL is not going to attack Iran. All planes will turn around and head home, while doing a friendly ‘Plane Wave’ to Iran. Nobody will be hurt,” Trump wrote.

Minutes earlier, he had castigated Iran and also close US ally Israel for violating a ceasefire he had originally announced late Monday.

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The two countries have been “fighting so long and so hard that they don’t know what the fuck they’re doing, do you understand that?” the president told reporters at the White House.

Iran violated the ceasefire, “but Israel violated it too,” Trump told reporters on the White House’s South Lawn as he departed for the NATO summit.

“So I’m not happy with them. I’m not happy with Iran either. But I’m really unhappy if Israel is going out this morning.”

“I’ve got to get Israel to calm down,” he said. “Israel, as soon as we made the deal, they came out and dropped a load of bombs the likes of which I’ve never seen before.”

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Trump’s unusually public display of anger at Israel saw the US leader apparently trying to cajole his ally to call off warplanes in real time.

A man looks at items found in the rubble of a destroyed home in the northern Arab-Israeli city of Tamra, on June 24, 2025, days after an Iranian ballistic missile slammed into the neighbourhood. (Photo by AHMAD GHARABLI / AFP)

Earlier the same morning, he had posted on Truth Social: “ISRAEL. DO NOT DROP THOSE BOMBS” — without it being clear which bombs he was referring to.

“IF YOU DO IT IS A MAJOR VIOLATION. BRING YOUR PILOTS HOME, NOW!”

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If it holds, the truce would be a big political win for Trump in the wake of his risky decision to send US bombers over the weekend to attack three nuclear facilities in Iran that Israel and the United States say were being used to build an atomic bomb in secret.

The US leader had said the truce would be a phased 24-hour process beginning at around 0400 GMT Tuesday, with Iran unilaterally halting all operations first. He said Israel would follow suit 12 hours later.

Israel has been bombing Iran in an offensive that began June 13. The United States joined the attack with a mission starting overnight Friday to Saturday against the deeply buried Fordow complex and two other sites.

cease-fire-iran-israel

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Speaking to reporters at the White House, Trump insisted that the US bombing mission was a success.

“I think it’s been completely demolished,” he said, savaging US journalists for “fake news” and calling two networks “scum” for reporting that it remains unclear whether the Iranian nuclear infrastructure was truly dismantled.

“IRAN WILL NEVER REBUILD THEIR NUCLEAR FACILITIES!” he posted separately on Truth Social.

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Just in: Senate extends 2024 budget cycle to December 2025

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A bill for an Act to amend the 2024 Appropriation Act to further extend deadline for the capital component of the Act and for other related matters 2025 was passed into law by the Nigerian Senate on Tuesday.

The bill was passed into law by the Senate after it passed third reading, following a motion moved by Senate Majority Leader, Opeyemi Bamidele, that was seconded by Minority Leader, Abba Moro.

The Nigerian Senate, during a plenary session presided over by Deputy Senate President, Barau Jibrin, amended the 2024 budget and further extended the deadline set for implementation of the capital component from 30 June 2025 to 31 December 2025.

A bill for an act to amend the 2024 Appropriation Act to further extend the capital component of the Act from 30th June 2025 to 31st December 2025 and for other related matters 2025; third reading taken and passed,” the Deputy Senate President declared.

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The Nigerian Senate, during a plenary session presided over by Deputy Senate President, Barau Jibrin, amended the 2024 budget and further extended the deadline set for implementation of the capital component from 30 June 2025 to 31 December 2025.

A bill for an act to amend the 2024 Appropriation Act to further extend the capital component of the Act from 30th June 2025 to 31st December 2025 and for other related matters 2025; third reading taken and passed,” the Deputy Senate President declared.

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