News
IPMAN to Meet Dangote Refinery Over Petrol Pricing and Supply
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.
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.
This context underlines the importance of competitive pricing in the ongoing discussions between IPMAN and Dangote Refinery.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
-
Entertainment14 hours agoShawn Mendes Hard Launches Relationship With Bruna Marquezine
-
Entertainment11 hours agoTonto Dikeh Launches New Wine Prophetic Tabernacle in Abuja
-
Entertainment11 hours agoMika Abdalla and Josh Heuston Spark Reactions With PDA in Vancouver
-
Entertainment12 hours agoAY Speaks on 2Baba’s Marriage and Hints at Possible Split
-
Entertainment10 hours agoDemi Lovato Reunites With the Jonas Brothers for Camp Rock 3
-
Entertainment12 hours agoPriscilla Ojo Claps Back at Fans Telling Her to Free Juma Jux
