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Dangote Refinery Crashes Ex-Depot Price Of PMS To 890

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In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday.

 

This price adjustment is in response to favourable developments in the global energy sector and a significant decline in international crude oil prices. Dangote Refinery’s decision reflects its commitment to aligning with market realities and ensuring that consumers benefit from changes in international crude oil prices.

 

A statement from Dangote Petroleum Refinery, issued by the Group Chief Branding and Communications Officer, Anthony Chiejina, explained that this latest move follows a similar decision made on 19th January, when a modest price increase was implemented due to rising crude oil costs. However, with recent global market trends indicating a decline, Dangote Refinery has once again adjusted its pricing structure, providing relief to Nigerians.

 

The statement also noted that the price reduction would significantly lower the cost of petrol across the country, generating a positive ripple effect throughout the broader economy.

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“Dangote Petroleum Refinery firmly believes that this reduction from N950 to N890 will result in a meaningful decrease in the cost of petrol nationwide, thereby driving down the prices of goods and services, as well as the overall cost of living, with a positive ripple effect on various sectors of the economy,” the statement said.

 

The refinery has also called on marketers across the country to ensure that the benefits of the reduced price are passed on to the Nigerian public, while reiterating its support for the economic revival spearheaded by President Bola Tinubu, whose administration is focused on making Nigeria self-sufficient in refined petroleum products and positioning the country as a leading oil export hub.

 

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

 

Dangote Petroleum Refinery’s decision is expected to play a vital role in stabilising the country’s economy, ensuring that the benefits of lower fuel prices are felt across all sectors.

 

 

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Excessive Heat Blamed for Explosion at Giwa Barracks, Army Confirms

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. The Nigerian Army has attributed the explosion at Giwa Barracks to the soaring temperatures in Maiduguri, dismissing speculations of an attack.

In an official statement issued by Captain Reuben Kovangiya, Acting Deputy Director of Army Public Relations at Headquarters Theatre Command Operation HADIN KAI, the army confirmed that the incident involved the explosion of ordnance stored in one of their ammunition facilities. “The explosion was due to the current high temperatures in Maiduguri, which led to the detonation of some munitions,” Kovangiya stated.

Authorities were quick to contain the situation, deploying multiple fire response units to prevent further damage. “The situation has, however, been brought under control with the combined efforts of the Borno State Fire Service Department and fire trucks from various security agencies,” Kovangiya assured the public in his statement.

In addition to firefighting efforts, troops from Operation HADIN KAI have been mobilized to secure the area and prevent any form of exploitation by miscreants. “Troops have been deployed to protect the public and prevent miscreants from taking advantage of the situation,” Kovangiya emphasized, highlighting the army’s swift response to secure the affected region.

The army has also urged residents of Maiduguri Metropolitan Council to remain calm and disregard any unfounded rumors of an attack. “The general public is therefore urged to please discountenance any speculation of an attack and remain calm,” the statement concluded.

As investigations continue into the incident, authorities are expected to assess the impact of extreme weather conditions on military storage sites to prevent similar occurrences in the future.

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Viral Video Misattributed to ISWAP Sparks Misinformation Concerns

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A video circulating widely on social media has sparked controversy and confusion, as it is being falsely linked to ISWAP (Islamic State West Africa Province) and attributed to a recent comment by Governor Babagana Zulum of Borno State, Nigeria. However, security analyst Zagazola Makama has debunked these claims, clarifying on his verified Facebook page that the footage has no connection to Borno State or Nigeria.

According to Makama, the video in question originates from Burkina Faso and features members of JNIM (Jama’at Nasr al-Islam wal Muslimin), a militant group active in the Sahel region. The misrepresentation of this footage is not only misleading but poses significant risks, as it can fuel unnecessary tension and undermine trust within communities.

Makama emphasized the importance of verifying information before sharing it online, especially in sensitive matters like security and governance. “It’s unfortunate how quickly misinformation spreads, especially when people don’t take time to verify facts,” he stated.

The incident serves as a stark reminder of the dangers of misinformation in the digital age. As social media continues to play a pivotal role in shaping public opinion, users are urged to exercise caution and responsibility in consuming and sharing content. False narratives, particularly in matters of national security, can have far-reaching consequences, including heightened anxiety and strained relationships between communities and authorities.

Governor Zulum has not commented on the video, but the clarification from Makama highlights the need for vigilance and critical thinking in the face of viral content. As Nigeria and other nations grapple with security challenges, the spread of unverified information only adds to the complexity of addressing these issues effectively.

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Gombe Commences building of NYSC Lodge to Accommodate Corpers – Education Commissioner

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National Youth Service Corp’s (NYSC ) members deployed to Gombe State have been urged to avail themselves with the massive on going transformations in the State.

The call was made by the Honourable Commissioner of Education, Professor Aishatu Umar Maigari while addressing the Corp members during their routine daily briefing at NYSC Orientation camp in Amada, Akko Local Government.

Prof Aishatu Maigari said in support to the contributions of the NYSC in the state, Governor Muhammadu Inuwa Yahaya’s administration is building in the first phase self contained houses that can accommodate over 100 corp members across public schools.

She therefore, urged the members of the scheme to feel at home throughout their service year as people of Gombe State are peace loving and hospitable in addition to the conducive environment created by the present administration in the state.

Responding, the Gombe State Coordinator of the NYSC Mrs Chinwe Nnanne Nwachukwu commended the giant transformative drive of Governor Inuwa Yahaya and the innovations taking place in the education sector of the state.

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The NYSC Coordinator also appreciated the Commissioner for attending the daily briefing which is a moral boaster to Corp members.

More than 1500 Youth Corp members are currently at the camp and will soon be posted to their various places of primary assignment for the service year.

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