News
BREAKING! Dangote Crashes Petrol Price Below N900/Litre
Dangote Refinery has announced a significant reduction in petrol prices, with rates dropping to as low as N899 per litre for two million litres.
This move marks a continued effort by the refinery to stabilise the market and enhance supply to marketers.
It emerged that the new pricing structure offers petrol at N899.5 per litre for cash purchases of two million liters, with an additional two million liters available on a bank guarantee valid for 15 days from Access, Zenith, and First Bank.
For higher volumes, marketers can purchase 10 million liters at N895 per litre with an equivalent matching volume on the same bank guarantee terms.
Recall that in November, the refinery lowered its Premium Motor Spirit (PMS) price to N970 per litre, down from N990.
At the time, Dangote Refinery provided marketers with a N20 per litre discount to ease distribution costs.
The refinery’s latest price adjustment comes at a critical time for Nigeria’s energy sector, as stakeholders continue to navigate challenges surrounding fuel availability and affordability.
Market observers anticipate that the price reduction will alleviate some of the cost pressures on independent marketers and, by extension, consumers.
The Federal High Court sitting in Abuja has found the detained leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, guilty on count-1 of the terrorism charge the Federal Government preferred against him.
The court said it was satisfied that Kanu made series of broadcasts to incite violence and killings, in furtherance of his separatist agitation for Biafra.
Trial Justice James Omotosho based his decision on what he described as “uncontroverted evidence” that was adduced before the court by the prosecution.
News
Judge Expels Kanu from courtroom
As the court prepared to deliver judgment, Kanu objected, insisting he had not filed his final written address.
Justice James Omotosho of the Federal High Court this morning, ordered Nnamdi Kanu out of the courtroom for unruly behaviour midway through Thursday’s proceedings.
The trial judge is set to deliver judgment in a case spanning ten years.
The judge had earlier dismissed three fresh motions filed by Kanu, ruling them unmeritorious.
As the court prepared to deliver judgment, Kanu objected, insisting he had not filed his final written address.
He raised his voice, accused the judge of bias, and declared that the court “did not know the law.”
Following the outburst, security operatives escorted Kanu from the courtroom. Justice Omotosho is now set to proceed with reading the final judgment in the long‑running terrorism case.
A serious accident on Thursday morning caused heavy traffic at the Otedola Bridge, just before the Lagos State Secretariat, leaving hundreds of commuters stranded.
The gridlock has severely slowed movement, disrupting the morning rush as motorists struggle to navigate the heavily congested route.
As of now, no emergency team has arrived at the scene to manage the situation or restore traffic flow.
Details later…
BREAKING: Court Convicts Nnamdi Kanu of FG’s Terrorism Charge
Judge Expels Kanu from courtroom
BREAKING: Early Morning Accident Causes Major Traffic on Otedola Bridge
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