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Dangote Refinery Adjusts Petrol Prices, Absorbs 50% of Global Oil Price Increase

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Dangote Petroleum Refinery said the recent adjustment in its ex-depot price of Premium Motor Spirit (petrol) is directly related to the significant increase in global crude oil prices.

The ex-depot price of petrol has been adjusted from N899.50 to N950 per litre, marking a 5% increase. However, Dangote Refinery emphasised that this increase is notably lower than the 15% rise in global crude oil prices. Over a span of just a few days, Brent Crude prices have climbed from $70 to $82 per barrel, with additional premiums for Nigerian crude adding approximately $3 per barrel.

Dangote Petroleum Refinery, in a statement, also clarified that it has chosen to absorb part of the increased logistics costs, in a bid to maintain consistent pricing across Nigeria. The refinery also kept the Single-Point Mooring (SPM) ex-vessel price stable at N895 per litre, a move aimed at reducing the impact on consumers.

In an effort to keep prices manageable, Dangote Refinery stated that it has absorbed nearly 50% of the price hikes in international crude oil markets, ensuring that the retail price of PMS nationwide will remain at N970 per litre. Without this intervention, the company noted that the retail price could have surged to as high as N1,150 to N1,200 per litre in certain locations, a stark contrast to the current price.

The company also acknowledged its partners, including Ardova, Heyden, and MRS Holdings, would retail petrol at the same price of N970 per litre nationwide, aimed at preventing price disparities across different regions and ensuring uniform pricing across all 36 states and the Federal Capital Territory (FCT).

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“All our partners, including Ardova, Heyden, and MRS Holdings, will offer petrol to Nigerians at a retail price of N970 per litre nationwide. We have absorbed the increased logistics costs to guarantee uniform pricing across the 36 states of the federation and the Federal Capital Territory (FCT).
“Dangote Refinery has absorbed approximately 50% of the cost increases in the international oil market. This is due to our unwavering commitment to quality and affordability, as well as the ownership of the refinery by Nigerians, which remains central to our mission. If Dangote Refinery were to pass on the entire increase in the price of crude oil to the market, the retail price of PMS would be approximately N1,150 to N1,200 per litre in some locations, compared to the current price of N970 per litre,” it said.

The Refinery emphasised its ongoing commitment to providing Nigerians with affordable and high-quality fuel. The statement also stressed its dedication to transparency, with plans to publish its ex-depot price, ex-vessel price, and pump price on a weekly basis, ensuring that consumers are informed and protected from price exploitation.

“We are committed to providing reliable, top-quality petrol to the Nigerian people at competitive prices. In these challenging times, we continue to prioritise the best interests of Nigerians, striving to shield consumers from the full impact of global price volatility while adapting to evolving market conditions. We sincerely appreciate the continued trust and support of Nigerians as we strive to deliver the best value for their money and contribute to the development of a self-sufficient economy that is resilient to international price fluctuations,” it said.

It expressed appreciation for the support of President Bola Ahmed Tinubu’s administration and the introduction of the Naira for Crude Initiative. The initiative, which promotes local purchasing of crude oil with the naira currency, has been credited with providing Nigerians with consistent access to high-quality PMS while shielding them from the fluctuations of the international oil market.

“We would like to express our gratitude to President Bola Ahmed Tinubu for the introduction of the visionary Naira for Crude Initiative. This groundbreaking initiative has enabled consistent access to high-quality PMS for all Nigerians, while also insulating the Nigerian consumers from the volatility of the global oil market,” it added.

It reiterated its commitment to providing reliable, top-quality petrol to Nigerians at competitive prices. It added that it will continue to prioritise the best interests of Nigerians, striving to shield consumers from the full impact of global price volatility while adapting to evolving market conditions.

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FG Bans New SS3 Admissions Nationwide to Fight Exam Malpractice

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By Yusuf Danjuma Yunusa

 

The Federal Government has announced a nationwide ban on the admission and transfer of students into Senior Secondary School Three (SS3) in both public and private secondary schools, effective from the 2026/27 academic session.

The directive was disclosed in a statement signed by Boriowo Folasade, Director of Press and Public Relations at the Federal Ministry of Education, as part of efforts to curb examination malpractice and restore credibility to Nigeria’s education system.

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According to the ministry, the decision follows growing concerns over widespread examination malpractices, including the use of so-called special centres during external examinations. Under the new policy, student admissions and transfers will be permitted only into Senior Secondary School One (SS1) and Senior Secondary School Two (SS2).

“Admission or transfer into SS3 will no longer be permitted under any circumstance,” the ministry stated.

Officials explained that the measure is intended to prevent last-minute movement of students for examination advantages, ensure proper academic monitoring, and promote continuity in teaching and learning.

School proprietors, principals, and administrators across the country have been directed to comply strictly with the policy, with the ministry warning that violations will attract sanctions in line with existing education regulations.

The statement reaffirmed the Federal Government’s commitment to upholding academic standards, promoting fairness, and restoring confidence in public examinations nationwide.

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DG National Productivity Centre congratulates Gov. Namadi on award of Doctorate Degree

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The Director General, National Productivity Center, Dr. Baffa Babba Dan Agundi, extends heartfelt congratulations to Governor Malam Umar A. Namadi on being awarded an honorary doctorate degree (Honoris Causa) in Business and Sustainability by the Federal University of Otuoke, Bayelsa State.

In his message to pressmen and media, Babba Dan Agundi described the honor as a well-deserved recognition of Governor Namadi’s exceptional leadership and unwavering commitment to transparent governance, public service reforms, agricultural development and productivity, education, youth empowerment, as well as economic development in Jigawa State and beyond.

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The Director General joins fellow citizens in celebrating this “remarkable milestone” and offers prayers for continued wisdom and success in the Governor’s efforts to drive progress in the state.

“This prestigious recognition reflects your exemplary leadership and commitment to public service, youth empowerment, and economic growth in Jigawa State,” he said.

Dr. Baffa Babba Dan Agundi highlighted that this award is not only a personal achievement for Governor Namadi but also a source of pride for all Jigawa State citizens.

He commended the Federal University of Otuoke for recognizing excellence in public policy and administration, noting that Governor Namadi’s distinction will inspire many in and out of public office to embrace service with integrity and discipline.

 

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CITAD Condemns Arrest of Abubakar Idris, Demands His Immediate Release

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The Centre for Information Technology and Development (CITAD) condemns the arrest and continued detention of Abubakar Idris, popularly known as Comrade Danhabu, by the Kaduna State Police Command over a social media post.

This was contained in a statement by the director of the centre Malam YZ Yau

Malam Y Z Yau said COTAD views the arrest as a clear abuse of power and a troubling attack on citizens’ constitutionally guaranteed rights to freedom of expression and participation in public discourse. Criticism of public officials and government actions, whether online or offline, is not a crime but a core pillar of democratic governance.

He said CITAD are deeply concerned by the growing pattern of arbitrary arrests, intimidation, and harassment of activists, journalists, and citizens across the country, often under the guise of cybercrime and other vague allegations. These actions undermine public trust in law enforcement institutions and erode democratic values.

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CITAD therefore calls on the Nigeria Police Force to immediately release Abubakar Idris unconditionally and to desist from being used as a tool to silence dissenting voices. Law enforcement agencies must uphold the rule of law and protect citizens, not intimidate them for expressing legitimate concerns.

The centre further urge Governor Uba Sani of Kaduna State to focus on the real priorities of governance—improving security, livelihoods, service delivery, and the overall welfare of Kaduna citizens—rather than presiding over the arrest of critics whose only “offence” is demanding transparency and accountability. Silencing critics does not solve governance challenges; it only deepens public frustration.

CITAD reiterates that accountability, openness, and respect for human rights are essential for sustainable development and democratic stability. We will continue to stand with citizens, activists, and all defenders of civic space in Nigeria.

 

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