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Fuel Prices Drop in Abia to N1,150-N1,200 Following NNPC Direct Supply

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Fuel prices in Abia have dropped from N1,300-N1,350 per liter to between N1,150 and N1,200. This decrease follows the Nigeria National Petroleum Company’s (NNPC) decision to allow direct requests and payments for fuel from members of the Independent Petroleum Marketers Association of Nigeria (IPMAN). Marketers in Aba and Umuahia have begun sourcing fuel directly from the NNPC, contributing to the lower prices.

Mazi Oliver Okolo, Executive Chairman of IPMAN’s Aba branch, explained that improved supply from the NNPC is driving the price reduction. He noted that since the NNPC opened its portal for requests last Saturday, he expects further price drops once supplies begin next week. Okolo emphasized that direct supply from the NNPC and the operational status of local depots in Aba are crucial for sustaining low fuel prices.

He believes that if NNPC, the state government, and the federal government collaborate to ensure fuel availability at the Aba depot, prices could fall to around N900 or below N1,000 per liter. Okolo acknowledged the challenges faced by marketers due to high sourcing costs from third parties and thanked Governor Alex Otti for starting the rehabilitation of the Osisioma-NNPC-Ekeakpara road, a federal road that will aid in improving fuel distribution.


 

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Sowore Criticizes Northern Leaders for Shutting Schools Down During Ramadan

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Omoyele Sowore has criticized northern leaders for shutting down schools to allow children to participate in Ramadan fasting. The decision, implemented in Bauchi, Katsina, Kebbi, and Kano States, has caused criticism from many Nigerians.

Sowore, a well-known Nigerian activist, accused the leaders of hypocrisy, claiming that their children are not affected by the policy since they attend expensive private schools in Abuja or study abroad.

In a statement on his Facebook page, Sowore condemned the move, saying, “Those who decided to shut down schools for Ramadan fasting don’t have their children in these struggling public schools.

Their kids attend top private schools or study overseas, funded by resources meant to support underprivileged students in these poorly maintained schools, which remain open during Ramadan. These leaders are irresponsible and unfair.”


 

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Trump Says He’s Buying a Tesla to Show Support for Elon Musk and His Company

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President Donald Trump has announced plans to purchase a new Tesla vehicle to demonstrate his support for Elon Musk amid recent boycotts and a significant drop in Tesla’s stock value.

On his Truth Social platform, Trump praised Musk’s contributions to the nation and criticized efforts to harm the entrepreneur and his company. He stated, “I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American.”

In response, Musk expressed gratitude to the president on his social media platform, X. Musk currently leads the Department of Government Efficiency (DOGE) under the Trump administration, focusing on reducing federal spending and workforce.

This initiative has caused protests and boycotts targeting Tesla, with incidents of vandalism reported at dealerships and charging stations.

Tesla’s market value has declined sharply, with shares dropping over 15% recently, influenced by Musk’s political involvement and its impact on consumer sentiment. Despite these challenges, Trump continues to voice strong support for Musk’s efforts to “Make America Great Again.”

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Trump says Tariffs Will Make Us Richer and Create More Jobs

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Former U.S. President Donald Trump has predicted that the country will become extremely wealthy through tariffs.

Trump stated that the U.S. is set to gain hundreds of billions of dollars from tariffs soon. He believes the move will encourage companies and factories to return to the U.S., creating more jobs.

Speaking with FOX Business’ Maria Bartiromo on Air Force One on Sunday evening, Trump responded to concerns about a possible recession. He admitted there’s always hesitation but remained confident about the benefits of the tariffs.

“All I know is we’re going to make hundreds of billions of dollars from tariffs, and we’ll become so rich you won’t even know where to spend it all,” Trump said. “Just watch — there will be more jobs and open factories. It’s going to be great.”

Trump has recently placed tariffs on key trade partners, including Canada, Mexico, and China, as part of his economic strategy.

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