Dangote Petroleum Refinery and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have slated a meeting for either Tuesday or Wednesday to finalize agreements on the cost and lifting of petrol from the plant. The Dangote refinery reportedly told the Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) to resend its request for petrol lifting on Sunday. The development came as PETROAN expressed optimism that the cost of petrol might reduce in the coming days once the competition in the downstream oil sector sets in fully, as marketers load the commodity from the refinery. Also, the Independent Petroleum Marketers have…
Author: Agency Reporter
A former goalkeeper of the Green Eagles of Nigeria (as it was called then), Peter Fregene, is dead. He died after a protracted illness. He was aged 77 years old. A fellow international teammate and close friend of the deceased, Segun Odegbami broke the news in a heartfelt Facebook post on Sunday night. Odegbami said the Nigerian football legend died in the presence of Tina, his wife, and two of his children after a protracted illness. Odegbami, who recently solicited financial assistance for Fregene, 77, expressed gratitude to those who supported the ex-goalkeeper during his illness. The post reads, “And…
The Minister of Interior, Olubunmi Tunji-Ojo has restated the federal government’s commitment to implementing reforms that will overhaul the Nigerian Correctional Service (NCoS). The minister, who spoke on Sunday during the presentation of the report on the “National Assessment of the Situation of Children and Young Adults Deprived of Liberty,” said the Nigeria Correctional Service Act of 2019 mandates a focus on reforming, rehabilitating, and reintegrating juvenile offenders into society. In a statement issued by Ozoya Imohimi, the ministry’s spokesperson, Tunji-Ojo expressed concern over the number of correctional centres in relation to the inmate population across the country. In a…
The Republican Party’s presidential candidate in the United States (US) election, Donald Trump, has said that he would raise tariffs on vehicles by 200 percent to prevent the importation of cars from Mexico and to protect US carmakers. Speaking in an interview aired on Fox News on Sunday, though Trump specifically mentioned Mexico, the top exporter to the US in 2023, the policy could affect other countries, including Saudi Arabia, Australia, the United Arab Emirates (UAE), and China. Data from the Observatory of Economic Complexity shows that in the US in 2022, imported cars valued at $159 billion mainly from…
Air Peace Limited has said its legal team is working to ensure justice is served in the fresh fraud charges filed by the U.S. authorities against its Chairman and CEO, Allen Onyema, and Chief of Administration and Finance, Ejiroghene Eghagha. Onyema is facing new charges in a superseding indictment for allegedly obstructing justice. He is accused of submitting false documents to the government in an attempt to shut down an investigation into earlier charges of bank fraud and money laundering.Eghagha is also implicated in the obstruction scheme and faces additional charges related to the initial bank fraud counts. It was…
Governor Biodun Oyebanji of Ekiti State on Saturday distributed gratuity cheques of N3.5 billion to the state’s retirees on a day they were marking this year’s edition of Pensioners’ Day. At the ceremony, which was marked at the Great Eagle Hall, Ikere Road, Ado Ekiti, over 500 pensioners benefitted from the latest tranche of payment with N2.3 billion gratuity paid to state pensioners while local government pensioners got N1.2 billion gratuity. With the payment of gratuity to the latest batch of pensioners, Oyebanji’s commitment to defraying of outstanding gratuity has seen the backlog cleared to March 2015 up from payment…
The daughter of the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company Limited (NNPCL), Mr Kolo Mele Kyari is dead. 25-year-old Fatima died after a protracted illness. Her death, according to the Presidency occurred on Friday. A statement by Presidential Spokesman, Bayo Onanuga said, “Kyari’s daughter, Fatima died Friday at the age of 25 after protracted illness.” The Presidency in separate statements by President Bola Tinubu and Vice President Kashim Shettima’s media aides condoled with Kyari Friday. Onanuga said, “President Bola Tinubu condoles with the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company Limited…
Governor Babajide Sanwo-Olu of Lagos State has said the government will continue to deepen bilateral relations with other regions of the world to enhance development and foster economic growth for all residents.. The governor spoke during a courtesy visit by the Prime Minister of Grenada, Hon. Dickon Mitchell, at the Lagos House, Marina, on Friday. The prime minister was accompanied by members of his family and the Chairman of Dangote Group, Alhaji Aliko Dangote. Speaking during the visit, Governor Sanwo-Olu, who lauded the Grenada Prime Minister for his leadership skills, called for more African-Caribbean partnerships in the areas of arts,…
In line with the United Nations (UN) recommendation that its member states earmark four to six percent of their GDP or 15 to 20 percent of public expenditure (annual budget) to fund education, Nigerian state governors have committed to setting aside 15 percent of their annual budgets to fund the education sector. This is part of the decisions reached as the Nigerian Governors Forum (NGF) hosted its first international conference on girl child education on October 10 and 11, 2024. At the conference, 36 state governments committed to allocating at least 15 percent of their annual budgets to the education…
Nigerians on Friday woke to a dramatic video post by Isaac Fayose, a younger brother of a former governor of Ekiti State, Ayo Fayose, in which he declared himself the new National Chairman of the Peoples Democratic Party (PDP). In the video, which is trending virally, Isaac also announced the suspension of some senior chieftains of the party, notably the party’s presidential candidate in the last general elections, Alhaji Atiku Abubakar, the FCT minister, Nyesom Wike, his brother, Ayo Fayose, Governor Seyi Makinde of Oyo State, former governors Samuel Ortom, Ifeanyi Ugwuadu and Okezie Ikpeazu who, with Wike and Makinde,…
