Author: Alade Adisa

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has declared that the fierce competition between Dangote refinery and NNPC Limited is responsible for the recent drop in the pump price of petrol in the country. NEW DAILY PRIME observed yesterday that most petrol retail outlets have reduced their pump prices in response to drop in ex-depot prices by Dangote Refinery and the Port Harcourt Refinery. While NNPC Retail reduced its price from N1,030 to N965 per litre, other retailers like AA Rano and AYM Sharfa dropped their pump price from N1,070 to N1,020 per litre. However despite these reductions, it…

The Niger Delta Development Commission (NDDC) has announced a N30 billion fund aimed at fostering young entrepreneurship in the Niger Delta region. NDDC, in a statement released on Saturday, disclosed that the funds will be channeled through the Niger Delta Chamber of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA) to support the growth and development of young entrepreneurs in the region. Disclosing this during a recent interview, NDDC Managing Director, Dr. Samuel Ogbuku, emphasized the Commission’s dedication to empowering youths through economic initiatives, including training and support for Small and Medium Enterprises (SMEs). Dr. Ogbuku underscored the importance of verifying…

A human rights advocate, who has been in the news for months, Dele Farotimi has thanked Nigerians for standing by him during his time in prison, regardless of his tribe or religion. Farotimi was remanded by the Ekiti State magistrate court in Ado-Ekiti court for 21 days after he was accused of “criminally defaming” Afe Babalola, a senior advocate of Nigeria (SAN), in a book titled: ‘Nigeria and its Criminal Justice System.’ He regained his freedom on December 24, after being granted bail of N30 million by the court. In a social media interview following his release, Farotimi broke down…

Prince Abdul Kadir Mahe, the Chief of Staff to Kwara State Governor, AbdulRahman AbdulRazaq is reportedly dead The New Daily Prime reports that Mahe’s death was announced by the Chief Press Secretary to the Governor, Rafiu Ajakaiye,.He said in a statement that Mahe died in the early hours of today The statement reads: “In total submission to the will of Allah, we regret to announce the passing of the Chief of Staff to HisExcellency, Prince Abdul Kadir Mahe.“He died this morning, December 28, 2024, as has been destined by Allaah.”The late CoS will be buried today at his residence on…

Gunmen that kidnapped the Anglican bishop, Rev. Canon Olowolagba, his wife, and children, along Iboropa road in Akoko North-East council area of Ondo State, have demanded a ransom of N75 million for their release. According to sources, the abductors have opened a line of communication with the victims family members and leaders of the Anglican Church. GWG also learnt that different associations have asked their members to raise some money to be added to the ransom demanded by the kidnappers. Announcing the traumatic incident on Friday, the Bishop of Akoko Anglican Diocese, Rt. Rev. Babajide Bada, said the family members…

The Nigeria Police Force has decried what it described as the fraudulent use of the name and office of the Inspector-General of Police to perpetrate illegal activities by some of its officers. ACP Olumuyiwa Adejobi, Force Public Relations Officer, said this in a statement on Saturday while lamenting the persistent unprofessional conduct of some officers which, according to him, is undermining the standards and reputation of the Force. “Despite repeated warnings and disciplinary actions taken against those who have been exposed, some officers are still engaging in these shameful acts that erode public trust.” He noted that such officers also…

The federal government and China have renewed their 15 billion Yuan ($2 billion) currency swap agreement, aimed at strengthening bilateral trade and investment relations. According to Bloomberg, the People’s Bank of China (PBOC), in a statement on Thursday, confirmed that the agreement has been extended for another three years, with provisions for further renewal based on mutual consent. “The agreement is valid for three years and can be renewed upon mutual consent,” the PBOC stated. The deal enables the direct exchange of the Chinese Yuan and Nigerian Naira, eliminating reliance on the US dollar to reduce transaction costs and promote…

Human rights lawyer, Femi Falana (SAN) has told the Federal Government to compensate the families of those involved in the recent stampedes in parts of the country. Falana stated this on Friday in Akure during a programme organised by the Ondo State Government, tagged Akeredolu Leadership Lecture Series, in honour of the late governor. The lawyer blamed the Nigeria Police for the recent stampedes in Ibadan, Anambra and Abuja, where over 65 people died in the process of collecting palliatives. According to him, the police failed to adequately protect people during the gatherings. “It was failure of security; it’s not…

Manchester United boss, Ruben Amorim admitted that he could be sacked amid his struggles to reverse Red Devils’ slump. Amorim, who joined Manchester United from Sporting Lisbon for a £9.2 million buyout fee, has endured a challenging start. Under his tenure, the team has lost five out of their ten matches, prompting concerns about the manager’s ability to steer the club back on course. His appointment came with high expectations, especially considering United’s decision to pay an additional £900,000 beyond his buyout clause to secure him mid-season. However, the results have fallen short of expectations, with the team struggling to…

Five-time Ballon d’Or winner, Cristiano Ronaldo has revealed that he has plans to buy a football club and play the role of owner after he retires. ·Ronaldo does not plan to go into coaching·Plans to become club owner after retirement·Ronaldo edging towards the end of his career WHAT HAPPENED? A lot of questions have been placed on Ronaldo with regards to what the future will hold for one of the best footballers to have played the game as he slowly winds down towards the end of his career. The Portuguese legend has now revealed that he does not plan to…