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Dangote Group Denies IPMAN’s Fuel Pricing Claims

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The Dangote Group has issued a formal statement to address recent speculation surrounding fuel prices. Headlines, including those from Punch Newspapers on August 13, 2024, suggested that the Independent Petroleum Marketers Association of Nigeria (IPMAN) projected a price of N600 per litre for Dangote petrol.

This has prompted the group to provide a clear clarification. The Dangote Group categorically states that IPMAN is not an official business partner and that there have been no discussions or agreements concerning the price of Premium Motor Spirit (PMS) with the association.

The group stresses that IPMAN does not have the mandate or authority to make statements on behalf of Dangote or influence its pricing policies. The Dangote Group further urges the public to refrain from giving credence to speculative announcements and misinformation.

For accurate and official information regarding pricing and other corporate matters, stakeholders and the general public are encouraged to consult the group’s verified communication channels.

This statement aims to prevent any confusion and ensure that the public receives reliable updates directly from the Dangote Group.

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Isaac Fayose Criticizes Government Over Taxation and Insecurity

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Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.

He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.

According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.

The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”


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Concern Grows Over Rising Insecurity Following Kwara Abduction Case

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It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.

The incident was reported to have occurred on June 8 at about 11 p.m.

Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.

The rising cases of insecurity in the country remain quite alarming.


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Panic as Bandit Rumours Spark School Safety Concerns in Abuja

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The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.

It has been reported that some parents have started withdrawing their children from schools in Abuja.

It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.

While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.


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