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Dangote Refinery: Refiners Recommend FX Rate Peg at N1,000/$ for Affordable Petrol Prices

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Refiners   have  proposed  that  if  the  federal government  pegs  the  foreign  exchange (FX)  rate at  N1,000 per  dollar, petrol  prices  could  fall below N600  per  litre.This  suggestion  is tied to ensuring  more  stable and  affordable  fuel  prices  in  Nigeria  as  the  Dangote Refinery   begins operations.The  aim is to  mitigate   the rising  cost of  petrol  and  the  fluctuating   dollar-naira  exchange  rate,  which  has  greatly  impacted  fuel import  costs.The  proposal  could  relieve  Nigerians   of   skyrocketing   energy   prices  if implemented.

 


 

Fashion

Former Senator Shehu Sani Declines Invitation to Judge Miss World Nigeria Beauty Pageant

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Former Kaduna Central Senator Shehu Sani declines invitation to judge the Miss World Nigeria Beauty Pageant.

It was reported that the position of a judge was offered to Shehu Sani by Ben Murray Bruce, founder of Silverbird Group. However, Sani rejected the offer to judge the event.

Ben Bruce takes to social media to invite the former senator to be present at the event and sit as a judge.

Shebu Sani then responded by stating “You should have send me a formal letter and with full benefits attached to it after I have passed the Judgment. I appreciate the honour from a good friend. Unfortunately, I’ll be unavailable on that day. I wish you a successful outing.”


 

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Entertainment

Mr. Macaroni Laments to Lagos State Governor Over Traffic Cause

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Nigerian Comedian, Mr Macaroni expresses dissatisfaction with the Governor of Lagos State over traffic issues.

It can be reported that Lagos has been suffering through a serious traffic phase. The reason behind this was revealed to be the Independence Bridge repairs.

Governor Sanwo Olu then pleaded with Lagosians to bear with the traffic as the repair is necessary. “Let’s think outside the box. If you don’t have business to do in Victoria Island in the next 2 to 3 weeks, conduct your business online and plan ahead.”

However, Mr Macaroni reacts to the Governor’s plea by stating “If the government had any regard whatsoever for the people of Lagos, these measures and more extensive ones would have been taken before yesterday to make this process as painless as possible for the people.”

He lamented on the serious effect that this traffic has taken on people’s day to day life and shared that the government didn’t consider its people.

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News

Michelle Says She Married Barack Obama When He Wasn’t Financially Stable

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Photo source: Google

Michelle Obama recently shared that when she first met Barack Obama, he wasn’t “financially sound.”

The couple crossed paths in 1988 when Barack joined a law firm in Chicago, where Michelle was already working. On a recent podcast episode she hosts with her brother, Craig, Michelle reflected on the importance of financial stability in a relationship.

During a conversation with British author Jay Shetty, Craig asked Michelle, “Would you be attracted to a guy who’s not financially stable when you meet him?”

Without hesitation, Michelle replied, “Uh, I married one.”

Craig, who seemed to have set her up for that response, laughed and jokingly said, “Don’t you like that alley-oop I just threw you? In basketball, you just point—you don’t even have to say it.”

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