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Dangote, again crashes Petrol Price

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Aliko Dangote

Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890, bringing it down to N825 per litre at the gantry (ex-depot). This follows a N60 reduction on February 1.

The ex-depot price has thus decreased from N950 per litre in January to the current price of N825 per litre, representing a reduction of N125 per litre within 26 days.

This recent price reduction will also ensure that Nigerians pay between N860 and N865 per litre for petrol at the pump in Lagos.

In a statement from the first privately owned petroleum refinery in Africa, it was announced that the price adjustment will take effect from Thursday, February 27, and is intended to provide essential relief to Nigerians.

“This strategic price adjustment is designed to provide essential relief to Nigerians in celebration of the Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.

“It is important to note that Dangote Petroleum Refinery has consistently lowered the prices of petrol and other refined petroleum products to the benefit of Nigerians. This marks the second reduction of PMS prices in February 2025, following a previous decrease of N60 earlier in the month. Additionally, in December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season,” the statement read.

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The refinery highlighted that previous reductions have positively impacted the overall cost of living, benefiting various sectors of the economy. They also helped ensure that Nigerians did not experience the typical fuel scarcity and price hikes associated with the yuletide season.

Dangote reiterated that its high-quality products, which have become a favourite in both domestic and international markets, will remain available nationwide, particularly through its key partners—MRS Holdings, AP (Ardova Petroleum), and Heyden—at market-friendly rates.

“Nigerians will be able to purchase high-quality Dangote petrol at the following prices across our partners’ retail outlets: For MRS Holdings stations, it will be sold for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East regions, respectively.

“The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: N865 per litre in Lagos, N875 per litre in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East,” it added.

Dangote Petroleum Refinery assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand and a surplus for export, thereby boosting the country’s foreign exchange earnings.

The refinery called on marketers to support this initiative, ensuring that Nigerians remain the primary beneficiaries of this effort.

“This collective action will contribute to the broader economic recovery plan led by His Excellency, President Bola Ahmed Tinubu, who is committed to making Nigeria self-sufficient in refined petroleum products and positioning the country as a leading oil export hub,” it concluded.

Dangote Petroleum Refinery, which has exported its products to Europe, America, Asia, and other regions, recently supplied jet fuel to Saudi Arabia. The refinery has confirmed it holds over 500 million litres of petrol in storage, enough to meet Nigeria’s petrol demand for several days. Additionally, the refining capacity of the 650,000 barrel per day refinery has surpassed Nigeria’s average daily requirement of 385,000 barrels.

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Breaking:Kano Deputy Governor Resigns

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Comrade Aminu Abdulsalam Gwarzo Former Kano state Deputy Governor

 

The Kwankwasiyya Movement has announced the resignation of the Deputy Governor of Kano State Comrade Aminu Abdulsalam Gwarzo, stating that the decision was formally communicated to the public in a press release issued on Friday and signed by its spokesperson, Dr. Habibu Sale Mohammed.

According to the statement, the resignation was taken “in the overall interest of the people and the stability of governance” in the state, with the movement noting that recent developments had significantly limited the Deputy Governor’s ability to fully discharge the responsibilities of the office.

The movement also addressed the ongoing issues involving the Kano State House of Assembly, emphasizing that the Deputy Governor’s decision to step down should not be interpreted as an admission of any allegations raised against him, and insisting that he continues to maintain his innocence.

Describing the move as one of “statesmanship,” the statement said the resignation was intended to reduce political tension and prevent further disruptions to governance and development efforts in Kano State, while demonstrating a commitment to peace and political maturity.

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The Kwankwasiyya Movement further disclosed that the former Deputy Governor plans to redirect his focus toward strengthening the movement’s internal structures and strategies, particularly as political actors begin positioning ahead of Nigeria’s 2027 general elections.

The statement added that this renewed engagement would involve rebuilding party frameworks and pursuing strategic realignments aimed at promoting what it described as people-oriented leadership, social justice, and sustainable development.

The movement called on its supporters and residents of Kano State to remain calm, law-abiding, and committed to democratic principles, assuring the public that additional details regarding the resignation would be communicated in due course, according to the spokesperson.

 

Comrade Aminu Abdulsalam Gwarzo the Deputy Governor has been enmeshed in a political battle with his boss Governor Abba Kabir Yusuf since the Governor defected to the All Progressives Congress without the blessing of the NNPP National leader Senator Rabiu Musa Kwankwaso.

 

Recently the Kano state House of Assembly has issued Impeachment notice on Comrade Aminu Abdulsalam Gwarzo over allegation of corruption.

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Hajiya Umma El-Rufai, Mother of Former Kaduna Governor, Passes Away

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By Yusuf Danjuma Yunusa

Hajiya Umma El-Rufai, the mother of former Kaduna State governor, Mallam Nasir El-Rufai, has died.

According to family sources, she passed away on Friday afternoon. While details surrounding her death remain unclear at this time, the family has since confirmed the sad event.

The announcement was made public by her grandson, Bello El-Rufai, in a statement shared on Facebook. The statement read:

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“Inna lillahi wa inna ilayhi raji’un. From Allah SWT we came and to Him we shall all return.

I would like to inform the public of the demise of my grandmother, Hajiya Umma El-Rufai, who passed away a few hours ago.

She is the biological mother of our father, Mallam Nasir El-Rufai. We are grateful for the life she lived and pray that Allah SWT bless her gentle soul.

May He bless the souls of the parents we have lost. On behalf of our family, we seek your prayers. Thank you.”

The family is expected to release further details regarding funeral arrangements in due course.

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ASUU Threatens Nationwide Shutdown

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By Yusuf Danjuma Yunusa

The Academic Staff Union of Universities has warned the Federal Government of Nigeria to immediately implement the newly approved salary structure for university lecturers or face a possible nationwide shutdown of public universities.

The union issued a four-day ultimatum on Thursday, with its president, Christopher Piwuna, saying failure to act within the deadline would trigger a strong response.

Speaking at Sa’adu Zungur University in Bauchi State, Piwuna said the government must begin payment under the new salary arrangement without further delay.

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“We have issued a four-day ultimatum from today to the federal government to commence payment of the newly approved salary structure. Failure to comply will attract a strong response from the union,” he said.

The warning comes months after ASUU and the federal government signed a renegotiated agreement in January, aimed at resolving long-standing disputes and preventing the recurring strikes that have plagued Nigeria’s university system.

At the heart of the agreement is a revised salary structure designed to improve lecturers’ welfare and finally address issues stemming from the controversial 2009 FG-ASUU pact, which remained largely unimplemented for years.

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