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
Super Eagles: Akpabio condemns maltreatment in Libya, calls for stiffer penalties
By Kayode Sanni-Arewa
The President of the Senate, Senator Godswill Akpabio, CON has condemned in strong terms the nasty treatment of members of the Super Eagles, and its delegation to a return leg of the 2025 African Cup of Nation (AFCON) qualifier in Libya.
Akpabio, in a statement by his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh decried the antics and shameful behaviour of the Libyan officials and authorities saying, “This unfortunate incident is a stark reminder of the disregard for human dignity and the lack of respect for international norms”.
He declared that the reported mistreatment of our players is not only unacceptable but also a breach of the principles of fair play and sportsmanship that underpin international football competitions.
As the President of the Senate, I stand in solidarity with the Super Eagles, the Nigeria Football Federation (NFF), and the entire Nigerian football community in condemning this unjust treatment. The Nigerian Senate will continue to monitor this situation closely and ensure that the rights and dignity of our citizens are protected. We will not tolerate any form of mistreatment or disrespect towards our nationals, regardless of the circumstances.
We demand a thorough investigation from the Disciplinary Committee of the Confederation of African Football (CAF) and appropriate sanctions to be meted out against those involved.
It is also imperative that the Libyan authorities take immediate action to investigate this incident and ensure that those responsible are held accountable to prevent future occurrences.
We call on the international football community to condemn this unacceptable behaviour and support our demand for justice.
News
Just in: AEDC restores power in some parts of Abuja
By Mario Deepromoter
The power outages Nigerians experienced on Monday evening have been restored in some parts of Abuja Electricity Distribution Company franchise areas.
A check carried out by NAN revealed that places like Deidei, Suleja, Lugbe, Kuje and other areas had their light restored on Tuesday at about 5:15 am.
Customers in the AEDC were told of the disruption in supply, which was attributed to the collapse of the National grid.
In a statement on its Twitter handle on Monday, the company said that the system collapse occurred at about 6.58 pm.
Be rest assured that we are working with relevant stakeholders to restore power as soon the grid stabilises,” it said.
NAN
News
Bayero v Sanusi: Court of Appeal fixes new date To hear Kano Emirship dispute
By Mario Deepromoter
The Court of Appeal in Abuja has set October 17 for the hearing of appeals related to the ongoing emirship tussle in Kano State.
The dispute centres around the appointment of the Emir of Kano, a position that has sparked legal challenges involving several parties.
A three-member panel of justices, led by Justice Mohammed Mustapha, reserved judgment on Monday after listening to submissions from the lawyers involved.
The two major appeals are filed by Alhaji Aminu Ado Bayero against the Attorney General of Kano State and 10 others, as well as a separate case involving the Kano State House of Assembly versus Alhaji Aminu Babba Dan Agundi and six others.
The hearing will also address a motion to stay the execution of the July 25 judgment concerning the enforcement of fundamental rights.
A Federal High Court in Kano, presided over by Justice Abdullahi Liman, has nullified Governor Abba Yusuf’s decision to depose Emir Ado Bayero and appoint Muhammadu Sanusi II on May 23.
The court also held as “null and void” the Kano Emirate Council (Repeal) Bill, 2024, passed by the Kano State House of Assembly, which voided Bayero’s seat.
The judge said, “The above action violates the order of this court earlier stated,” adding “The balance of convenience is on the applicant herein (Alhaji Aminu Babba Dan Agundi).”
However , the ruling comes as a Kano State High Court had also restrained Ado Bayero from acting as the emir.
NAN
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