Connect with us

News

JUST IN: President Tinubu to Embark on Working Visit to Paris

Published

on

256 Views

President Bola Ahmed Tinubu will depart for Paris, France, today on a short working visit.

This information was stated in a press release today, April 2, 2025 by Bayo Onanuga, the Special Adviser to the President on Information & Strategy.

Onanuga said during the President’s visit, he will appraise his administration’s mid-term performance and assess key milestones.

“He will also use the retreat to review the progress of ongoing reforms and engage in strategic planning ahead of his administration’s second anniversary”.

“This period of reflection will inform plans to deepen ongoing reforms and accelerate national development priorities in the coming year”.

“Recent economic strides reinforce the President’s commitment to these efforts, as evidenced by the Central Bank of Nigeria reporting a significant increase in net foreign exchange reserves to $23.11 billion—a testament to the administration’s fiscal reforms since 2023 when net reserves were $3.99 billion”.

“While away, President Tinubu will remain fully engaged with his team and continue to oversee governance activities. He will return to Nigeria in about a fortnight, the statement reads.

News

KWAM1 loses bid to block Awujale selection process

KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.

Published

on

By

13 Views

• KWAM1

The Ogun State High Court sitting in Ijebu-Ode has refused to grant popular Fuji musician Wasiu Ayinde, alias KWAM1, an interim injunction aimed at restraining Governor Dapo Abiodun and five others from proceeding with the selection and installation of the next Awujale of Ijebuland.

Ayinde, represented in court by Wahab Shittu (SAN), had on Monday, sought the injunction pending the hearing of his substantive suit challenging the selection process.

But Justice A. A. Omoniyi dismissed the application, holding that the interim injunction lacked merit and that there were no strong grounds to justify its grant.

He subsequently ordered the expedited hearing of the substantive matter, fixing 14 January 2026 for proceedings.

KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.

However, the Fusengbuwa ruling house rejected his claim, stating that he is not from the royal house.

To challenge what he perceived as injustice, Ayinde filed a suit against the Fusengbuwa ruling house, Governor Abiodun, the Chairman of Ijebu-Ode Local Government, Dare Alebiosu, and three others

Continue Reading

News

November Petrol supply rises 55% to 71.5m litres daily

The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.

Published

on

By

8 Views

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) November Fact -Sheets indicated that the supply of Premium Motor Spirit (PMS), also known as petrol, increased to 71.5 million litres per day in November 2025 from 46 million litres per day in October. This was an increase of 55 per cent.

In the report released yesterday, the agency said that the nation’s consumption also increased by 44.5 per cent to 52.1 million litres per day in November 2025, compared to the 28.9 million litres in October,. an excess of 37.4 million litres.

It said that the volume supplied came from both the domestic and the international market.

NMDPRA noted that the imports were aimed at building inventory and further guaranteeing supply during the peak demand period.

Other reasons for the increase, according to the NMDPRA, were due to “low supply recorded in September and October 2025, below the national demand threshold; the need for boosting national stock level to meet the peak demand period of end of year festivities and twelve vessels programmed to discharge into October which spilled into November.

The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.

Continue Reading

News

Dangote fixes petrol selling price at ₦739 only at MRS stations selling nationwide

The refinery stated that the move is part of its commitment to transparency, affordability, and consumer protection in the downstream petroleum sector.

Published

on

By

26 Views

Dangote Petroleum Refinery has introduced a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS) above the approved pump price of ₦739 per litre.

The refinery stated that the move is part of its commitment to transparency, affordability, and consumer protection in the downstream petroleum sector.

The hotline, 0800 123 5264, is now operational nationwide and enables consumers to report price violations promptly across more than 2,000 MRS filling stations.

The initiative follows Dangote Refinery’s recent rollout of nationwide PMS sales at ₦739 per litre, a step aimed at stabilising fuel prices and easing the financial burden on Nigerians, particularly during the festive season.

In a statement, the refinery urged Nigerians to take advantage of the price reduction and avoid buying fuel at inflated rates when locally refined PMS is available at the approved price.

Continue Reading

Trending