News
JUST IN: Filling stations shut after Dangote Refinery’s petrol price drop

Some filling stations and petroleum products marketers, partners of Dangote Refinery’s petrol, temporarily shut down for the past five days after the latest premium motor spirit price drop by the 650,000 barrels per day refinery.
Recall that for the past five days, MRS filling stations in Abuja, along Kubwa Expressway, and others have not dispensed fuel since Dangote Refinery announced its ex-depot fuel price reduction to N835 per litre on Tuesday, 16 April, 2025.
An official of MRS filling station, who preferred anonymity because he is not authorised to speak said the filling station is grappling with the loss incurred after Dangote’s latest price adjustment.
“It is because of Dangote’s latest price drop. The filling station had old stock, which it couldn’t sell at a loss.
“This is the reason we have shut down since Tuesday. We may reopen on Tuesday,” he said.
Meanwhile, another official at the filling station said the retail outlet is billed to reopen on Tuesday, noting that it has been undergoing minor maintenance.
“We have been on maintenance for the past few days, which is the reason the station was shut. We will reopen on Tuesday,” he said.
According to him, the filling station would commence dispensing at the new price of N910 per litre from Tuesday.
Other partners of Dangote Refinery, such as AP, Ardova, and Optima, are dispensing fuel between N910 and 920 per litre in parts of Abuja as of Monday, 21st April 2025.
Reacting to the development, the National President of Petroleum Retailers Outlets Owners Association of Nigeria, Billy Gillis-Harry, said the latest fuel price drop affected the purchasing power of petrol retailers and marketers.
According to him, indiscriminate price adjustment, whether downward or upward, is not good for the petroleum downstream sector and the Nigerian economy.
At every point, if prices of petrol are indiscriminately changed without any clearly defined economic reason, the chances that it will impact on the buying power of retailers and marketers are there.
“It is not good for business, the economy, and Nigerians.
“Prices of petrol change for reasons that are understandable with proper information to retailers,” he said.
Recall that Gillis-Harry had earlier called for a six-month fuel price stability plan to halt fluctuations.
Earlier, the spokesperson for the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, had hinted that marketers having old stocks of fuel will incur billions of losses following Dangote’s latest fuel price drop.
Last week became the second time the $20 billion refinery reduced its fuel price nationwide. This indicates a combined downward ex-depot price drop of N45 per litre.
Dangote Refinery had, on 10 April, reduced its gantry price of petrol to N865 per litre.
However, the ex-depot fuel price had further dropped to N835 per litre.
This comes after the federal government’s renewed commitment to the indefinite continuation of the naira-for-crude deal with other local refiners and the drop in global crude prices to around $66 per barrel.
The Nigerian National Petroleum Company Limited recently reduced its retail price to N935 per litre for customers in Abuja in response to Dangote Refinery’s latest price cut.
This means that Nigerians currently buy petrol at between N890 and N950 per litre, depending on the location nationwide.
News
Okonjo-Iweala Says Nigerian Economy now stable under Tinubu
“The reforms have been in the right direction. The next step is growth, and alongside that, building social safety nets so those feeling the pinch of reforms can get support.”

THE Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, declared that President Bola Tinubu and his team have worked hard to stabilize the economy.
“You cannot really improve an economy unless it’s stable,” said Okonjo-Iweala during a meeting today with President Tinubu at the Presidential Villa, Abuja.
“The reforms have been in the right direction. The next step is growth, and alongside that, building social safety nets so those feeling the pinch of reforms can get support,” she said.
She added that growth, job creation, and income expansion must go hand-in-hand with measures to cushion the impact of ongoing reforms on vulnerable Nigerians.
Crime
Tragedy in Imo: Son Fatally Stabs Father Over Land Sale Dispute

A tragic incident has rocked the community of Amaifeke in Orlu Local Government Area of Imo State, where a 39-year-old man, Ifeanyi Odinka, allegedly stabbed his 75-year-old father, Dennis Odinka, to death following a dispute over proceeds from a land sale.
Confirming the incident, the Imo State Police Command said Ifeanyi was arrested by operatives from the Orlu Division on August 12, 2025. According to police spokesperson ASP Henry Okoye, the suspect confessed to the crime during interrogation.
“He was immediately transferred to the State Criminal Investigation Department in Owerri for further investigation and prosecution,” Okoye stated.
The gruesome killing has left residents in shock, with community members describing the incident as deeply disturbing and calling for justice to take its course.
The police have assured the public that the suspect will face the full weight of the law. They also reiterated their commitment to maintaining law and order across the state, urging residents to report any suspicious activity to the authorities.
News
Obasanjo’s Library Ready to Face EFCC in Court over Invasion
The Managing Director of the OOPL, Mr Vitalis Ortese, at a press conference in Abeokuta, said that the Anti – graft commission invasion was an assault on all what the presidential library stood for.

The management of Olusegun Obasanjo Presidential Library (OOPL) has given the Economic and Financial Crime Commission, EFCC a seven-day ultimatum to apologize of face legal action.
The Managing Director of the OOPL, Mr Vitalis Ortese, at a press conference in Abeokuta, said that the Anti – graft commission invasion was an assault on all what the presidential library stood for.
He demanded for a N3.5 billion compensation for the victims and the presidential library where the former president, Olusegun Obasanjo resides.
The legal Adviser of OOPL, Olumide Ayeni while showing the media evidence, including bullet shells and EFCC beret, said the presidential library is ready to face the anti graft in court, if it fails to yield to their demands.
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