President Joe Biden of the United States has thanked his Nigerian counterpart, President Bola Tinubu for the recent withdrawal of criminal charges against Tigran Gambaryan, the Head of Financial Crimes Compliance at Binance. In what looks like a significant diplomatic exchange, the two leaders held a 30-minute phone conversation on Tuesday afternoon, during which they discussed various issues of mutual …
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Again, FG Increases Petrol Price To N1,025 per litre Despite Falling Crude Prices
The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,025 per litre from the previous rate of N980 per litre in Lagos and surrounding areas. This adjustment, announced on Tuesday, marks the third price change in September and October 2024 and is part of the government’s deregulation policy, …
Read More »Dangote Blames Petrol Queues On Marketers
The chairman of Dangote Group, Aliko Dangote, has blamed the persistent shortages and long queues at filling stations across Nigeria on the failure of marketers to lift the products from his refinery. Speaking in an interview with correspondents at the Presidential Villa, Abuja on Tuesday, he emphasized the refinery’s capacity to meet the nation’s fuel demands and urged fuel retailers …
Read More »Tinubu Meets Dangote, NNPCL Over naira-for-crude Policy
President Bola Tinubu is currently holding a briefing at the Aso Rock Presidential Villa in Abuja with the Implementation Committee on Crude Oil and Refined Products Sales in Local Currency. The committee, chaired by Finance Minister Mr. Wale Edun, includes notable members such as Aliko Dangote, Chairman of the Dangote Group, and Mr. Mele Kyari, Group CEO of the Nigerian …
Read More »Stop Importation, We’ve Enough Fuel For Local Consumption, Dangote Tells NNPC And Marketers
… says over 500m litres in refinery The Chairman of Dangote Refinery, Aliko Dangote, has told the Nigeria National Petroleum Company Limited, NNPCL, and other importers to stop importing fuel products as there is over 500 million litres in the tank. Dangote said there is no need for fuel queues in the country if marketers are allowed by the regulators …
Read More »I’m Sorry, Abia Lawmaker Apologises For Assaulting Bolt Driver
A member of the House of Representatives, Alex Ikwechegh, who assaulted an e-hailing (Bolt) driver who went to deliver a package to him has tendered a public apology. Alex Ikwechegh Ikwechegh admitted that his behaviour did not meet the standards expected of a public official. He issued the public apology on Monday, saying, “As a public servant, I recognise the …
Read More »Strike: SSANU Reveals Condition For Calling Off Industrial Action
The Senior Staff Association of Nigerian Universities (SSANU) has revealed the condition for calling off its strike following non-payment of four-month salaries. While appearing on Channels TV’s Politics Today on Monday, SSANU President Mohammed Ibrahim shared that the union will halt its industrial action when members confirm the payment of owed salaries. Daily Sun reports that SSANU and the Non-Academic …
Read More »FULL LIST: Lagos, Rivers, Other States ‘Paying’ Above FG’s N70,000 Minimum Wage
After President Bola Tinubu signed the new national minimum wage of N70,000 into law on Monday, 29 July 2024, up from the previous N30,000, many states have begun to express readiness to either adopt the new N70,000 wage benchmark or pay above the federal government. Tribune Online reports that 21 state governors have confirmed their readiness to pay state workers at least N70,000 …
Read More »DSS Clears Ministerial Nominees As Senate Begins Screening Tomorrow
Nominees rush to NASS to submit CVs to beat deadline The Senate will tomorrow screen the Ministerial nominees forwarded to it for confirmation by President Bola Tinubu. Vanguard gathered that the nominees who have been cleared by the Department of State Services, DSS, besieged the office of the Special Adviser to the President on Senate Matters, Senator Basheer Lado to …
Read More »Police Interrogate Nigerian Lawmaker Caught Assaulting Bolt Driver
The police in the Federal Capital Territory (FCT), Abuja, have launched an investigation of a member of the House of Representatives, Alex Mascot, who was caught on camera threatening and assaulting a Bolt driver. The incident took place at Mr Mascot’s residence on Zamfara Crescent in Maitama, Abuja, on Sunday. Mr Mascot has been taken into police custody, ssaid Josephine Adeh, the …
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