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Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively

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Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively.

This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago.

The price change of N940 applies to customers buying five million litres and above from the refinery, while the price of N970 is for customers buying one million litres and above.

Speaking on the new development, the Head of Communication, Mr Anthony Chiejina, explained that the new price is in consonance with the company’s commitment to cushion the effect of economic hardship in Nigeria.

“I can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS Oil and Gas stations, to ensure that consumers get to buy fuel at affordable price, in all their stations be it Lagos or Maiduguri. You can buy as low as 1 litre of diesel at N1,050 and aviation fuel at N980 at all major airports where MRS operates.”

He further stated that the partnership will be extended to other major oil marketers. “The essence of this is to ensure that retail buyers do not buy at exorbitant prices.

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“The Dangote Group is committed to ensuring that Nigerians have a better welfare and as such, we are happy to announce this new prices and hope that it would go a long way to cushion the effect of economic challenges in the country.

It would be recalled that the management of Dangote Petroleum Refinery announced a further reduction of the price of diesel from 1200 to 1,000 Naira per litre barely two weeks ago.

This marks the third major reduction in diesel price in less than three weeks when the product sold at N1,700 to N1,200 and also a further reduction to N1,000 and now N940 for diesel and N980 for aviation fuel per litre.

Nigerian President Bola Tinubu had also commended Mr Dangote for the initial price reduction, describing it as an “enterprising feat.”

Reacting to the latest development, The Director General of the Manufacturers Association of Nigeria (MAN), Mr. Ajayi Kadiri, said that “The decision of Dangote Refinery to first crash the price from about N1,750/litre to N1,200/litre, N1,000/litre and now N940 is an eloquent demonstration of the capacity of local industries to positively impact the fortunes of the national economy.”

He added that “The trickledown effect of this singular intervention promises to change the dynamics in the energy cost equation of the country, in the midst of inadequate and rising cost of electricity.

“The reduction will have far-reaching effects in critical sectors like industrial operations, transportation, logistics, and agriculture, contributing to easing the high inflation rate in the country; a lot of companies will be back in operation

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Kano ADC Chairmen Endorse Atiku Abubakar as Party’s Presidential Candidate

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Abbas Yushau Yusuf

The African Democratic Congress Chairmen of the 44 Local Governments in Kano have endorsed former Vice President Atiku Abubakar as the presidential candidate of the party in the 2027 general elections.

Tijjani Rabiu Bashir, the ADC Chairman of Dambatta Local Government, stated this while addressing newsmen in Kano on behalf of the remaining chairmen of the local governments.

According to Tijjani Rabiu Bashir, the 44 Local Government Chairmen of the ADC have unanimously agreed that Alhaji Atiku Abubakar is their candidate for the 2027 presidential election under the platform of the ADC.

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The chairman said that after due consultation and considering the situation in which Nigeria finds itself, they have unanimously agreed and adopted Alhaji Atiku Abubakar as their presidential candidate.

“We have agreed to endorse Alhaji Atiku’s candidacy due to his competence and pedigree, ensuring peace, uniting the nation, and his efforts toward enduring peace throughout the federation,” said Rabiu Bashir.

They further called on all stakeholders to support the candidature of Alhaji Atiku Abubakar to ensure a prosperous Nigeria.

 

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President Tinubu Clinches APC Presidential Ticket with 10.9m Votes

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By Yusuf Danjuma Yunusa

President Bola Tinubu has emerged as the All Progressives Congress presidential candidate for the 2027 general election after securing nearly 11 million votes in the party’s nationwide primary election.

The results, drawn from all 36 states and the Federal Capital Territory, showed President Tinubu in a commanding lead over fellow aspirant Stanley Osifo, cementing his dominance within the ruling party ahead of the next electoral cycle.

President Bola Tinubu secured 10.99 million votes to defeat his sole rival, who polled 16,504 votes, in the All Progressives Congress presidential primary election held across 8,809 wards nationwide.

The figures were announced during the ongoing national collation of results at the President Bola Ahmed Tinubu International Conference Centre in Abuja.

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Governors of 31 states, alongside other senior party figures serving as state coordinators and collation officers, presented the outcomes of the direct primaries to the Presidential Primary Election Committee chaired by former Senate President Pius Anyim.

In the South-West, Tinubu recorded commanding victories in key states considered strongholds of the party. He polled 814,988 votes in Lagos, 322,485 in Ogun, 181,996 in Ondo, 142,754 in Oyo, 100,888 in Osun, and 85,340 votes in Ekiti. Osifo managed only marginal figures in the zone, including 1,186 votes in Lagos and 929 votes in Oyo, while recording zero votes in several states.

The North-West also delivered overwhelming support for the President. Kaduna produced one of the highest figures with 618,914 votes for Tinubu, while Kano returned 500,852 votes. Katsina gave him 467,003 votes, Gombe recorded 450,517, Kebbi delivered 292,972, Sokoto returned 301,000, and Zamfara added 321,579 votes. Osifo’s performance remained weak across the region, with only scattered votes recorded in a few states.

In the North-Central region, Tinubu maintained a wide lead with 310,990 votes in Kwara, 285,436 in Nasarawa, 241,720 in Plateau, 197,370 in Kogi, 175,487 in Niger, and 374,787 votes in Benue. The Federal Capital Territory also delivered 36,103 votes to the President, while Osifo failed to secure any vote there.

The South-East and South-South zones equally produced impressive numbers for Tinubu.

He secured 582,960 votes in Imo, 383,382 in Enugu, 207,579 in Ebonyi, 161,005 in Abia, and 43,034 in Anambra. In the South-South, Tinubu polled 407,646 votes in Delta, 389,197 in Akwa Ibom, 280,082 in Rivers, and 227,192 in Bayelsa. Osifo recorded modest figures in a handful of states, including 1,007 votes in Abia and 384 votes in Anambra.

At the end of collation, Tinubu emerged with a total of 10,999,967 votes, while Osifo garnered 16,504 votes nationwide.

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Special Report: Ram Prices Drop But Sales Remain Slow Along Mararaba/Karu Axis

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By Yusuf Danjuma Yunusa

Over the weekend, ram dealers along the Mararaba/Karu axis of Abuja lamented low patronage as the Eid-el-Kabir festival approaches.

Alhaji Ibrahim Babangida Umar, one of the dealers who spoke with our correspondent, disclosed that the price range for rams this year has reduced compared to last year’s prices.

“The highest price for the rams here currently is 800,000 naira, which is lower than what we charged last year,” he said.

He also noted that at this same period last year, customers had already started trooping in to purchase three to four rams each.

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“This time last year, our customers had started coming in to patronise us. You would see just one person buying three to four rams to share with his friends and relatives,” Umar said.

However, he stated that they remain hopeful as Eid-el-Kabir draws nearer, citing the tradition of some people buying rams a day before the celebration.

“But we’re hopeful. Maybe from Monday till the Eid day, which is Wednesday, customers will have started coming in to patronise us. You know, some of these customers like buying rams late, and others live in rented apartments where they wouldn’t want to inconvenience their neighbours,” Alhaji Ibrahim explained.

Eid-el-Kabir is an occasion in Islam marked by rituals that include performing Hajj (pilgrimage), fasting on the ninth day of the Islamic month of Dhul-Hijja, and slaughtering rams on the tenth day for those at home who did not travel for the pilgrimage.

Amid the daunting economic situation Nigerians are currently facing, Muslims are beginning to doubt the serenity with which this year’s Eid will be celebrated.

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