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IPMAN to Meet Dangote Refinery Over Petrol Pricing and Supply

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced plans to meet with Dangote Refinery to discuss petrol pricing and supply.

This move follows a statement from Devakumar Edwin, Vice President of Dangote Industries Limited, who claimed that local marketers are avoiding Dangote Refinery’s petrol despite its lower prices.

In response, IPMAN’s representative, Maigandi, emphasized that there is no reason for marketers to boycott Dangote Refinery’s petrol if it is being offered at a lower cost.

Maigandi noted that IPMAN received a partnership letter from Dangote Refinery on Wednesday and reviewed it on Thursday.

He clarified that petrol marketers are willing to buy from Dangote Refinery as long as the price is competitive with current rates.

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Maigandi said, “In the letter, Dangote Refinery mentioned that its petrol is ready, but the price was not disclosed.

We cannot boycott Dangote Refinery if their petrol is cheaper.

We are prepared to purchase petrol from them under the condition that it is priced no higher than what we are currently paying elsewhere.

We have no issues with Dangote Refinery.”

He also pointed out that the Nigerian National Petroleum Company Limited (NNPCL) sells petrol directly to marketers at an average price of N870 per liter, while the depot price is N990 per liter.

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This context underlines the importance of competitive pricing in the ongoing discussions between IPMAN and Dangote Refinery.


 

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Tinubu to Sign Four Tax Bills to Cut Taxes, Help Nigerians and Small Businesses

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President Bola Ahmed Tinubu says Nigeria is set for a major economic shift as he prepares to sign four significant tax bills into law. In a post shared on his official X account Thursday, Tinubu explained that the new tax reforms are designed to do more than just tidy up tax laws, they are aimed at providing real relief to ordinary Nigerians.

“In the next few hours, I will be signing four major tax reform bills into law, marking a bold new chapter for our economy,” he stated. He noted that the reforms would introduce the first major tax cuts in years, with benefits focused on low-income earners, small business owners, and families struggling to keep up with daily living costs.

The tax bills include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill. Tinubu explained that these new laws will help bring together Nigeria’s scattered tax system, reduce waste, cut unnecessary processes, boost investor confidence, and ensure better transparency and coordination across all levels of government.


 

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Iran Threatens More Strikes on US After Qatar Attack and Gaza Crisis

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Tensions in the Middle East have taken another dangerous turn as Iran’s Supreme Leader, Ayatollah Ali Khamenei, issued a strong warning to the United States, making it clear that Iran is ready to strike again if provoked. His statement comes days after Iran launched missiles at a U.S. military base in Qatar, which he described as a clear message and a victory for Iran in what he called an ongoing battle for respect and sovereignty.

Khamenei, in his first speech since the latest round of attacks, dismissed reports claiming that Iran’s nuclear program had been crippled by U.S. airstrikes. He insisted that Iran’s capabilities remain intact and that the American attacks failed to achieve their goals. According to him, the missile strike on Al Udeid Air Base in Qatar, a key U.S. military hub, wasn’t a retaliation but a calculated warning meant to show Washington that Iran will defend itself when pushed.

“If they attack again, they will face consequences far beyond what they’ve seen,” Khamenei stated firmly, making it clear that Iran’s military is prepared to escalate the situation if necessary.

Meanwhile, Iran’s parliament is wasting no time. Lawmakers have already moved to reduce the country’s cooperation with the International Atomic Energy Agency (IAEA). This comes after growing frustration in Tehran that international bodies, especially the UN nuclear watchdog, have failed to condemn the U.S. strikes on Iran’s nuclear sites.


 

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Tinubu Assures Nigerians that he will Fulfill all the Promises he Made

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President Bola Tinubu has assured the people of Nasarawa State and Nigerians at large that his government remains committed to delivering on all promises under the Renewed Hope Agenda. Tinubu made this known during his visit to the Emir of Lafia, Justice Sidi Bage Muhammad, at his palace, where he pledged continued federal support for key developmental projects in Nasarawa, especially in the solid minerals and agriculture sectors.

The president also commended Governor Abdullahi Sule for his responsible management of state resources, noting that it has earned the trust of both the Federal Government and investors. Speaking at the Emir’s palace, Tinubu expressed excitement about returning to Nasarawa, recalling the Emir’s prediction during the 2023 campaigns that he would return as Nigeria’s president.

“Thank you for your foresight and your unwavering commitment to Nigeria’s progress,” Tinubu said. He described Nasarawa as peaceful, stable, and steadily growing, giving credit to Governor Sule and the state’s traditional rulers for their efforts. Tinubu assured that he would continue working hard to deliver on the Renewed Hope Agenda, which focuses on creating a better future for young Nigerians and generations to come.


 

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