Aliko Dangote has disclosed that Nigerians are paying half of what other countries in West Africa are paying for petrol, also known as Premium Motor Spirit, PMS. Dangote said this during a high-level visit of the ECOWAS Commission to the 650,000 barrels-per-day Dangote Refinery and Petrochemicals in Lagos. Recall that Dangote Refinery has reduced the price of petrol in the country more than two times this year, making the company’s product cheaper than what other petroleum marketers are selling. According to Dangote, the price of petrol in the country is 55 per cent cheaper than what is being sold in…
Author: Oluwatosin Ologun
The Presidency says Nigerians will soon experience a reduction in the cost of living, as the effects of the President Bola Tinubu-led administration’s economic reforms start to materialise. Speaking to newsmen in Lagos on Sunday, Bayo Onanuga, Special Adviser on Media and Information Strategy to the President, stated that the positive effects of President Tinubu’s policies would soon be felt across all segments of the nation. Onanuga highlighted that President Tinubu had not only introduced progressive reforms but had also tackled challenges that previous administrations had avoided. He added that two years is an insufficient yardstick to measure the administration’s…
Tottenham beat Manchester United 1-0 to win the Europa League final, lifting its first European trophy in more than four decades to qualify for next season’s Champions League. It is the first major title for Tottenham since it won the English League Cup in 2008, and its first European triumph since it won its second UEFA Cup — the equivalent of the Europa League now — in 1984. Brennan Johnson squeezed in the winner at the end of the first half on Wednesday to help Spurs salvage a dismal season, in which it will finish near the bottom of the…
President Bola Tinubu has called on Nigerians, irrespective of differences in political affiliations, religious persuasion, tribal or sectional background, to eradicate poverty in unity. Tinubu stated this on Wednesday at the Taraba International Investment Summit, tagged ‘Taravest,‘ in Jalingo, the state capital. The President, who Vice President Kashim Shettima represented, said the country cannot live on raw produce and unprocessed minerals, but needs factories to add value, clusters to drive innovation, and industrial parks to turn ideas into impact. “We know that our growing population is a cry for an industrial solution. But above all, we need visionaries. We need…
Nottingham Forest striker Taiwo Awoniyi has broken his silence following emergency surgery for an abdominal injury that saw him placed in an induced coma earlier this month. In an Instagram post shared on Sunday, the Nigerian international reflected on his ordeal, describing the 2024/25 season as one of the toughest periods of his football career. “This season has been one of the most difficult of my career, but through it all, I have felt the love. With the grace of God, I am grateful to still be here, to still be fighting, to still be smiling, and to be in…
Nigeria claimed third place at the TotalEnergies CAF U-20 Africa Cup of Nations Egypt 2025 after a dramatic 4-1 penalty shootout victory over tournament hosts Egypt on Sunday. The third-place playoff at the 30 June Stadium in Cairo ended 1-1 after 90 minutes, before Nigeria kept their nerve in the shootout to secure their fifth bronze medal in U-20 AFCON history. It was a clash between two sides aiming to finish the tournament on a high after missing out on the final. Osama Omar put Egypt ahead early in the third minute, but Nigeria equalised shortly after the restart through…
Borno State Governor, Prof. Babagana Zulum, has raised the alarm that only one town out of 300 remains under government control in Marte Local Government Area, warning that Boko Haram terrorists are on the brink of taking over the entire LGA. The governor issued the warning on Sunday following his visit to the area, where he appealed to the Federal Government to urgently deploy decisive strategies to prevent Marte town from falling completely into the hands of Boko Haram/ISWAP insurgents. Zulum, who visited Marte on Saturday, assessed the situation on the ground and explored sustainable solutions to restore stability to…
The Chinese Ambassador to Nigeria, Yu Dunhai, says plans are underway to establish electric vehicle factories and other manufacturing ventures in the country, reaffirming China’s commitment to deepen bilateral cooperation with Nigeria, particularly in the solid minerals sector. Speaking during a courtesy visit to the Minister of Solid Minerals Development, Dele Alake, at the weekend, Ambassador Dunhai emphasised the strategic importance of Nigeria in China’s foreign policy. “Nigeria is a great country blessed with tremendous natural resources. Chinese companies are already deeply involved in Nigeria’s mining sector, from exploration to processing. “We aim to deepen this collaboration, especially in line with President Tinubu’s…
President Bola Tinubu has called on Nigerian leaders and citizens to harness the country’s diversity to foster national stability and rapid development. Speaking in Rome on Sunday during a meeting with members of the Catholic Bishops’ Conference of Nigeria, Tinubu said, “If we use our diversity not for adversity but for prosperity, the country’s hope is stability and progress.” The meeting took place shortly after the President attended the installation mass of Pope Leo XIV at the Vatican, where he joined other world leaders for the historic occasion. In a statement issued by his Special Adviser on Information and Strategy,…
I will not contest against Tinubu in 2027 – Wike Nyesom Wike, the Minister of the Federal Capital Territory, has described his successor in Rivers State, Siminalayi Fubara, as his “boy,” amid the political rift between the two. Wike, who is the former governor of Rivers State, said that though the President, Bola Tinubu, had sued for peace, he was not opposed to the move. “That boy is my boy, my son. How can I fight a battle with him? Those I fight are people who want to steal what they did not work for. “The President called me to make peace;…