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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.

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“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.

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: Delta State Governor Sheriff Oborevwori Dumps PDP ,Joins APC

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In a stunning political twist, Delta State Governor, Rt. Hon. Sheriff Oborevwori, has officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

The announcement came after a high-level, closed-door meeting held at the Government House in Asaba, the state capital, on Wednesday afternoon. According to the Governor’s Chief Press Secretary, Sir Festus Ahon, confirmed the move on the phone. The decision follows “wide consultations with political stakeholders and in the interest of Delta’s long-term development.”

Governor Oborevwori, who won the 2023 gubernatorial election under the PDP platform, was received by top APC chieftains in what is now being described as a strategic political realignment ahead of the 2027 general elections.

More to follow….

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Nigeria Customs Service Pledges Cooperation with Online Journalists

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Nigeria Customs Service Pledges Cooperation with Online Journalists and publishers to ensure balanced reporting of its activities. This assurance was given by Comptroller Dalhatu Abubakar, who hosted the leadership of Northern Online Reporters and Publishersat the command’s headquarters in Kano.

Welcoming the delegation, Comptroller Abubakar expressed his willingness to foster a mutually beneficial relationship with online journalists, emphasizing that the command remains open to engagement at all times. In a heartfelt moment, he offered condolences to the President of the Northern online reporters and publishers over the tragic loss of his child, reflecting his deep understanding of the challenges faced by media professionals.

“I am one of you,” he stated, noting his previous role as an Assistant Public Relations Officer (PRO) before attaining the Present position within the customs service. He further highlighted the importance of objective and balanced journalism, encouraging reporters to highlight both the achievements and lapses of the agency in a fair manner.

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On his part, Musa Muhammad, President of Northern Online Reporters and Publishers, praised the comptroller for his media-friendly approach, acknowledging that the customs service plays a pivotal role in the country’s economic and security landscape. He assured Comptroller Abubakar that the association would work closely with customs officials to propagate their activities, particularly across all 19 northern states.

Muhammad emphasized the influence of online media in shaping public discourse, stressing that majority of Nigerians now turn to digital platforms for news updates. He assured the customs service that their security operations and enforcement efforts would be duly covered, ensuring transparency and accountability.

Among the notable journalists in attendance were Abbas Yushau Yusuf, publisher of The Nigerian Tracker; Abubakar Abdulkadir Dangambo, publisher of Independent Post; and Hadiza Yusuf representing Prime Time.

The engagement marks a significant step in strengthening the relationship between the Nigeria Customs Service and the media, fostering a partnership rooted in transparency, accountability, and information dissemination to the public.

 

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Fombina Imprints Marks World Book Day with Symposium at KHAIRUN

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To mark the 2025 World Book Day declared by UNESCO, Kano-based publishing outfit Fombina Imprints Limited is organizing an event themed “Crisis of Standards, Decline of Reading Culture, and the Challenges of Publishing in the Digital Era.”

The event, scheduled for Tuesday, April 23, 2025, will take place at Khalifa Isyaku Rabiu University (KHAIRUN) , Kano, and will begin at 10:00 a.m.

The celebration will include a symposium, two panel discussions, a book exhibition, and a book gifting session.

According to the organizers, the activities aim to encourage reading habits among youths, foster discussions around the role of books in education, and examine current issues in the publishing industry.

Speaking ahead of the event, Buhari Abba, the Public Relations Manager of Fombina Imprints, said the occasion is not just to celebrate books but also to raise awareness.

“This event is a wake-up call to confront the shrinking reading culture among young people, the threats to educational quality, and the survival of publishing in a digital world,” he stated.

The symposium will be chaired by Professor Lukman I. Diso of Bayero University’s Department of Library and Information Sciences. Scholars and experts expected to speak include Professor Asabe Sadiya Mohammed, Provost of Aminu Saleh College of Education, Azare, and Dr. Mohammed Aminu Aliyu from the Department of Economics at BUK.

Two panel sessions will offer space for further engagement. The first, chaired by Dr. Bilkisu Yusuf Ali of Al-Qalam University, will examine “The Challenges of Publishing in the 21st Century” with panelists such as Ado Ahmed Gidan Dabino, Kabiru Musa Jammaje, and Khalid Imam.

The second panel, chaired by Professor Murtala Muhammad of Northwest University, will address “The Challenges of Reading Culture Among Youths.”
Speakers will include journalist Ismail Auwal, poet and creative director Nasiba Babale, HumAngle reporter Aliyu Dahiru, and Sadiya Lawal Danyaro, a lecturer from the Federal University Dutsin-Ma.

Fombina Imprints will also donate books to selected schools, including Government Girls Secondary School, Shekara, and Usman International School, Gandu, Kano.

“Books are not just tools for learning; they are instruments of transformation. We believe in investing in young minds, and this book donation is part of our little way to support education in our community,” Buhari Abba added.

The 2025 World Book Day celebration by Fombina Imprints aims to bring together authors, publishers, scholars, students, and readers to reflect on the role of books in a rapidly changing world.

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