NewsReports

•Marketers confirm return of competition in downstream oil sector  •NLC  demands immediate  reversal of fuel price increase  •NACCIMA, CPPE, NECA say latest hike ill-timed, will fuel inflation, stifle businesses  •FG to set Naira for Dangote crude sales using market rate Subsidy is gone! Though President Bola Ahmed Tinubu made that consequential  announcement on May 29, 2023, it was not until …

…says price fixing by NNPC an aberration The Nigeria Labour Congress, NLC, has demanded an immediate reversal of the fresh fuel price hike, saying it is an aberration that the NNPC is fixing fuel prices in a so-called deregulated sector.. President Bola Tinubu and NLC President Joe Ajaero According to the NLC, the federal government led by President Bola Tinubu …

Accusations and counter-accusations between the Peoples Democratic Party (PDP) and the All Progressives Congress (APC) in Edo State continued on Wednesday and the lawyers of both parties disagreed over the inspection of electoral materials on Wednesday. While the APC lawyers and leaders said they were working on the court order of inspection of materials as directed, the PDP leaders accused …

The Nigerian National Petroleum Company Limited (NNPC) Wednesday increased the official pump price in its retail outlets to N1,030 per litre in Abuja from the N897 it announced on September 3. With the latest price adjustment, it means that in the less than 17 months of the current administration, the price of the fuel has risen by over 430 per …

For the 2024 rankings, the analyzed data from 1,907 universities in 108 countries, including over 134 million citations from 16.5 million research publications and survey responses from more than 68,000 scholars globally. Nigeria’s Overall Best Universities 1.Covenant University 2.Ahmadu Bello University 3.Landmark University 4. University of Ibadan 5. University of Lagos 6. Bayero University, Kano 7. Fed Uni of Technology, …

An inter-religious group, Concerned Igbo Ministers Commission, has that the continued detention of the leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu, is a demonic scheme against Ndi Igbo. In a statement signed by the President/Coordinator, Rev. Tony Uzo Anthony, and the General Secretary, Apostle Tony Osuji, the group accused South-East governors of being involved in a conspiracy …

ABUJA — Nigeria’s Minister of Aviation and Aerospace Development, Mr Festus Keyamo, yesterday, revealed that local airlines have promised to buy jet fuel from only Dangote Petroleum Refinery. Speaking on Channels Television’s Political Paradigm program aired yesterday, monitored by Vanguard News, Keyamo said the decision coincides with the refinery’s commencement of jet fuel production for the local market. He said …

The Nigerian Army has again cautioned the proscribed Indigenous People of Biafra (IPOB) against issuing an unpatriotic warning to youths of the South East to shun the ongoing recruitment into the army. In a statement on Tuesday in Abuja, published by Vanguard News, the Director, of Army Public Relations, Maj.-Gen. Onyema, Nwachukwu described the call as a “brazen yet futile …

*Swears in new council chairmen, says it’s beginning of New Rivers * HURIWA tasks NJC to sanction judges over frivolous court orders Rivers State Governor Siminalayi Fubara, yesterday, said he had to take the position he took on local governments in the state because the system was in a desperate situation, which required desperate measures. Speaking while swearing in the newly elected chairmen of the 23 local government areas of the state, at Government House, Port Harcourt, Fubara said the outcome …

The Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery under its naira-for-crude agreement, a report by Bloomberg stated on Monday. It said this significant development is expected to take place over the next two months, amounting to 24 million barrels of Nigerian supply between October and November 2024. This …