News
Dangote Group Denies IPMAN’s Fuel Pricing Claims
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.
LeBron James, the NBA’s all-time leading scorer and Los Angeles Lakers star, has announced a temporary break from social media.
The 39-year-old made the announcement on X (formerly Twitter) and Instagram after sharing a post by Rich Kleiman, agent to NBA star Kevin Durant, criticizing the media’s focus on negativity.
Kleiman wrote, “With so much hate and negativity in the world today, it confuses me why some of the national sports media still think that the best way to cover sports is through negative takes… I, for one, find it all a waste of breath.” James shared the post, adding a simple comment: “AMEN!!”
In a follow-up post, James confirmed his social media hiatus, writing, “And with that said, I’ll holla at y’all! Getting off social media for the time being. Y’all take care.”
James, known for his strong presence on and off the court, is taking this break amidst ongoing discussions about the role of media in shaping public perceptions of athletes.
Lagos State Governor, Sanwo-Olu presents 3 Trillion Naira as the budget for the proposed Appropriation Bill for 2025 to the house of assembly. The assembly meeting was led by Speaker, Mudashiru Obasa. The budget is themed Budget of Sustainability and will be a blue print for the commitment to Lagosians.
The ceremony was held in the state house, Alausa, Lagos. With this proposed bill the state government is focusing on environment, education, technology, security and public safety.
Former Petroleum Minister Diezani Alison-Madueke has filed a motion to amend her lawsuit challenging the Economic and Financial Crimes Commission’s (EFCC) order for the final forfeiture of her seized assets.
At a Federal High Court hearing in Abuja presided over by Justice Inyang Ekwo, Alison-Madueke’s counsel confirmed filing the amendment motion and serving the EFCC. Notably, no EFCC representatives appeared in court.
The embattled ex-minister also sought an extension of time to contest the EFCC’s public notice regarding the sale of her confiscated properties, claiming she was denied a fair hearing during the forfeiture proceedings.
The EFCC, however, rejected Alison-Madueke’s allegations, maintaining that the forfeiture cases were lawfully adjudicated over time.
Justice Ekwo adjourned the case to February 17, 2025, to consider the motion to amend the originating process.
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