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Just in: Dangote Refinery reveals cost of its fuel, says it’s N900
By Kayode Sanni-Arewa
Dangote Refinery has revealed price of its Premium Motor Spirit (PMS), popularly known as petrol, at N990 per litre into trucks.
Dangote Refinery also revealed it sells its petrol at N960 per litre into ships, adding that the price is cheaper than what the Nigerian National Petroleum Company (NNPC) Limited sells to retailers.
Dangote Refinery made the disclosure on Sunday while reacting to recent disclosures made by IPMAN, PETROAN and other petrol retail associations.
According to a statement by Anthony Chiejina, Group Chief Branding and Communications Officer of NNPC Limited, the prices are benchmarked against international prices.
The statement reads: “We had lately refrained from engaging in media fights, but we are constrained to respond to the recent misinformation being circulated by IPMAN, PETROAN, and other associations.
“Both organisations claim that they can import PMS at lower prices than what is being sold by the Dangote Refinery.
“We benchmark our prices against international prices, and we believe our prices are competitive relative to the price of imports.
“If anyone claims they can land PMS at a price cheaper than what we are selling, then they are importing substandard products and conniving with international traders to dump low quality products into the country, without concern for the health of Nigerians or the longevity of their vehicles.
“Unfortunately, the regulator (NMDPRA) does not even have laboratory facilities which can be used to detect substandard products when imported into the country.
“Post deregulation, NNPC set the pace by selling PMS to domestic marketers at N971 per litre for sale into ships and at N990 for sale into trucks.
“This set the benchmark for our pricing, and we have even gone lower to sell at N960 per litre for sale into ships while maintaining N990 per litre for sale into trucks.
“In good faith, and in the interest of the country, we commenced sales at these prices without clarity on the exchange rate that we will use to pay for the crude purchased
“For example, the US and Europe have had to impose high tariffs on EVs and microchips in order to protect their domestic industries.
“While we continue with our determination to provide affordable, good quality, domestically refined petroleum product in Nigeria, we call on the public to disregard the deliberate disinformation being circulated by agents of people who prefer for us to continue to export jobs and import poverty
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Govt official arrested for 400 s3xtapes with president’s sister, ministers’ wives, others
By Kayode Kayode Sanni-Arewa
The Director General of the National Financial Investigation Agency (ANIF) in Equatorial Guinea, Baltasar Engonga, has been arrested for allegedly recording over 400 sextapes of women, including the sister of the country’s president.
The sextapes were recovered from Engonga’s house and office following a raid by ANIF officials who carried out the operation in a fraud investigation against the 54-year-old economist.
The ANIF officials were said to have come across several CDs that later showed Engonga’s sexcapades with different married women.
The videos, according to a local media platform, Ahora EG, include encounters with high-profile individuals, including Engonga’s brother’s wife, his cousin, the sister of the President of Equatorial Guinea, the Director General of Police’s wife, and about 20 of the country’s ministers’ wives, among others.
The video discovered in his office was said to have been recorded with consent and has since been leaked online.
In a report by a local media platform, Ahora EG, since last October, Engonga has been involved in a sexual scandal unprecedented in the history of Equatorial Guinea.
Ahora EG stated: “The most striking thing is that some scenes took place in his work office, including moments in which he is seen sleeping with a woman next to the National Flag. Based on this sexual scandal, the Executive has stated that the measure is a direct response to the acts that have affected the image of the country.
“With these new measures, the Government hopes to establish a clear precedent on the expected conduct of public officials in order to create a more respectful work environment in the public and private administration of Equatorial Guinea. For days now, erotic videos have been circulating on social media featuring Baltasar EBANG ENGONGA, better known as ‘Bello’.
“Baltasar EBANG ENGONGA is said to have filmed these scenes with the consent of the women themselves, which exonerates him from a possible crime of violation of integrity. In the videos, he is seen having unprotected sex with several women, including those married to powerful and well-known people in the country, but also with the most “diva and influential” single women in Equatorial Guinea. Some scenes take place in hotel rooms, houses, even in the protagonist’s office at the Ministry of Finance,” it added.
Speaking on the viral sextapes, the Attorney General of Equatorial Guinea, Nzang Nguema, said although the videos suggest that the women involved were not forced to participate, the law does not consider consensual sexual relations to be a crime, unless coercion or violence is proven.
“The possibility of a contagious disease being spread through these sexual interactions makes the situation even more critical,” Nguema added.
Reacting to the development on Monday, the Vice President of Equatorial Guinea, Nguema Mangue, said Engonga’s behaviours violated the country’s Code of Conduct and the Public Ethics Law.
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