Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025. Under the new arrangement, buyers in Lagos would purchase fuel at N860 per litre at MRS outlets. The price adjustment,…
Marketers of petroleum products have expressed concerns that the alleged harassment of tanker drivers by officials of the Lagos State Government could lead to fuel scarcity in a few days, as some filling stations were shut in various parts of the state on Monday They also vowed to shut down operations in the South-West if…
The speakership crisis rocking the Lagos State House of Assembly might be resolved soon as the intervention of heavyweights in the All Progressives Congress may be leading to a headway. According to reports, the impeached Speaker, Mudashiru Obasa and the current Speaker, Mojisola Meranda, might be stepping aside for another lawmaker to lead the House….
Former Kaduna State Governor and a stalwart of the All Progressives Congress (APC), Nasir el-Rufai yesterday responded to a plethora of issues, especially relating to his relationship with President Bola Ahmed Tinubu, declaring that the president pointedly rejected him as a minister, and not the stage-managed National Assembly’s security report. Speaking with Arise Television, in…
Despite warnings from the police and the federal government, the Osun State Governor, Ademola Adeleke, has sworn in the newly elected council chairmen in the state, who in turn inaugurated their councillors at their respective local governments.But the APC, has urged its reinstated chairmen and councillors to resume for duty, and debunked fake news that…
President of Dangote Industries Limited (DIL), Aliko Dangote, revealed at the weekend that his company, the Dangote Petroleum Refinery, has over N600 billion worth of Premium Motor Spirit (PMS), otherwise known as petrol in storage, to sufficiently and conveniently meet the local needs of Nigeria.The position of Africa’s richest person, counters that of the Nigerian…
It was another day of mayhem in Benue State as gunmen reportedly killed 19 people in a renewed attack on communities in Kwande Local Government Area of the state. Eyewitness alleged that the attack began last Saturday with 16 farmers ambushed and killed on Kashimbila Road while returning to their community in Mbandwa ward, and…
The President of the Dangote Group, Alhaji Aliko Dangote has climbed up the rich list. He is now the 86th richest man in the world after his wealth rose to $23.9bn. This is coming a year after the $20bn Dangote Petroleum Refinery commenced operations in Lagos. According to Forbes, which ranks the Nigerian entrepreneur as…
The coverage of activities at the Lagos State House of Assembly, has enraged the Department of State Services, which has threatened to take legal action against Africa Independent Television and Channels Television over their reports on the involvement of the service in the Lagos Assembly crisis. The DSS described the reportage by the broadcast stations…
The United States Mission to Nigeria has announced that the U.S. government is set to investigate how past aid allocated to Nigeria and other countries has been utilised. This move follows growing calls for a comprehensive review of how U.S. Agency for International Development health funds have been spent. In a post on its verified…
