Author: Abdullahi Maitama Sani

THE Nigerian National Petroleum Company Limited has revealed that it bought Premium Motor Spirit, popularly known as petrol, from Dangote refinery at N898 per litre as loading of the first batch of petrol on Sunday commenced at the Refinery. A fleet of trucks were seen lifting Premium Motor Spirit, known as petrol, at the refinery located in the Ibeju-Lekki area of Lagos State. The trucks, belonging to the Nigerian National Petroleum Corporation Limited, were seen in videos posted on the X handle of the Dangote Group. “First set of trucks set for loading of PMS at the Dangote Petroleum Refinery,”…

PRESIDENT Bola Ahmed Tinubu will return to Abuja on Sunday (Today), following his official visit to China and his short stay in the United Kingdom. This was disclosed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga. President Tinubu left Abuja for Beijing, China, on 29 August. He stopped in Dubai, UAE, and arrived in Beijing on Sunday, 1 September, for his official visit. He commence his official visit on Tuesday, September 2, with a meeting with President Xi Jinping in the Great Hall of the People. According to Onanuga, five Memoranda of Understanding were…

PRESIDENT Bola Tinubu receives with relief the news of the strings of successful operations against security threats in the North-West by troops of the Nigerian military. A statement by the Special Adviser to the President (Information & Strategy), Bayo Onanuga on Saturday, said the success of the operations gives further assurance that the country’s security operatives are up to the task of of ensuring the peace and security of the nation. Troops of Operation Hadarin Daji, on Thursday, neutralised wanted bandit leader, Halilu Sububu, who had been unleashing terror on citizens in Zamfara, Sokoto, and other parts of north-western Nigeria.…

THE Nigerian National Petroleum Company Limited and the Dangote Petroleum Refinery are wrapping up discussions on crude oil sales by NNPC to the Dangote refinery in naira and the buy-back of refined petroleum products from the $20bn plant in naira. Parties in the deal may conclude discussions next week, the Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, declared on Thursday during a space session organised by Nairametrics on X. The Dangote official also revealed that oil marketers had continued to boycott the diesel and aviation fuel produced by the Lekki-based plant, stressing that they had…

PRESIDENT Bola Tinubu has met with King Charles III at Buckingham Palace in London, the United Kingdom. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a statement on Thursday. He described the meeting as private, highlighting the enduring and cherished relationship between Nigeria and the United Kingdom. “Both leaders discussed global and regional matters of shared priority, focusing on the urgent and complex challenge of climate change,” the statement said. “President Tinubu and His Majesty also explored opportunities for collaboration in anticipation of the upcoming COP 29 Summit in Azerbaijan and the Commonwealth…

PRESIDENT Bola Tinubu has approved N108 billion for the 36 states of the federation to tackle flooding and other natural disaster. This was disclosed on Wednesday by Vice President Kashim Shettima at the State House in Abuja, the nation’s capital. Receiving the Speaker of the House of Representatives Speaker Abbas Tajudeen, the Vice President described the situation in Maiduguri as a “national calamity”. “The President has shown his zeal, willingness and commitment to partner with the states towards addressing these issues,” Shettima said. “Recently, he approved the release of N3 billion to each state of the federation to address some…

THE Federal Government has dismissed the Trade Union Congress (TUC) of the United Kingdom’s allegation of human rights abuses and violations in Nigeria, stating that the accusations are unfounded and based on a misunderstanding of the situation. In a statement issued by Special Adviser to the President on Information and Strategy, Bayo Onanuga, the government emphasized that no person is above the law in Nigeria. The statement was in response to the TUC’s claims made during its conference in London, where the Nigerian government was falsely accused of rights abuse. The government explained that the NLC President, Joe Ajaero, was…

PRESIDENT Bola Tinubu has approved the commencement of 2024 National Honours Award to Nigerians and friends of Nigeria who have contributed to the development of the country. Zaphaniah Jisalo, Minister of Special Duties and Intergovernmental Affairs, made this known at a meeting with management staff of the ministry on Tuesday in Abuja. Mr Jisalo said that the Federal Government would also honour Nigerians who have distinguished themselves in their various fields of endeavours. The minister explained that the forms and processes leading to the award of national honours were free of charge, adding that people should desist from paying for…

THE Presidency on Saturday said it received a memo from the Spokesman for President Bola Tinubu, Ajuri Ngelale, to proceed on an indefinite leave of absence for personal and health-related reasons. This was made known in a statement shared on the X handle of the Presidency, @NGRPresident on Saturday night. The statement which was not signed by any individual but had “The Presidency” as signatory, said the reasons given by Ngelale for the leave has been accepted. “The President has received the memo from Chief Ajuri Ngelale, Special Adviser to the President on Media & Publicity and Official Spokesperson of…

THE Special Adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, has proceeded on an indefinite leave of absence. Ngelale said the decision was taken after significant consultations with his family over the past days as a vexatious medical situation had worsened. He made this known in a statement issued on Saturday, adding that he has sent a memo to the Chief of Staff to the President, Femi Gbajabiamila. Ngelale explained that he has also stepped down as the Special Presidential Envoy on Climate Action and Chairman of the Presidential Steering Committee on Project Evergreen. “On Friday, I…

OIL and gas expert Henry Adigun has cited production costs denominated in US dollars as one reason the $20bn Dangote Refinery in Lagos might not sell a litre of Premium Motor Spirit (PMS), known as petrol, below the new pump price at the retail outlets of the Nigerian National Petroleum Company Limited (NNPCL). Adigun was a guest on Inside Sources with Laolu Akande, a socio-political programme aired on Channels Television on Friday monitored by News Point Nigeria. He said the petrol type produced at the Dangote Refinery is the best in the world, and the better the quality, the more…

PRESIDENT Bola Tinubu has broken his silence on the increase in the price of Premium Motor Spirit (PMS), popularly known as petrol. Tinubu ,who addressed Nigerians living in China on Friday, said the petrol price hike and other reforms by his administration are part of an overall strategy to set Nigeria on the path of economic growth. “Nigeria is going through reforms, and we are taking very bold and unprecedented decisions. For example, you might have been hearing from home in the last few days about fuel prices,” presidential spokesman, Ajuri Ngelale, quoted Tinubu as saying. “What is the critical…

THE Minister for Petroleum Resources, Heineken Lokpobiri, has said that it is expected that there will be availability of Premium Motor Spirit, otherwise known as petrol, by the weekend. The Minister stated this following a meeting with the Vice President, as well as the Managing Director and Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, and the Executive Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Mugo Okuoha, at the State House on Thursday. Lokpobiri said the meeting was at the instance of President Bola Tinubu, who he said was concerned about the hardship…

VICE President Kashim Shettima has summoned the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari. News Point Nigeria reports that also summoned on Thursday at the Presidential Villa is the National Security Adviser, Nuhu Ribadu over the recent hike in the price of Premium Motor Spirit (PMS), popularly known as petrol. The Vice President is meeting with the trio in his office at the State House, Abuja. NNPCL on Tuesday increased the pump price of petrol from ₦568 to ₦855, ₦897 (depending on the location…

PRESIDENT Bola Tinubu has commended the flourishing economic partnership between Africa and China which has seen trade between the two parties reaching an estimated 280 billion US dollars. The Nigerian leader was speaking during the opening ceremony of the 2024 summit of the Forum on China-Africa Cooperation taking place in Beijing, China. Tinubu said despite global challenges, the partnership has remained firm. He also emphasized the importance of maintaining the momentum in order to deepen the partnership for the mutual benefit of both regions. “A landmark of our relationship came in the year 2000 with the establishment of the FOCAC.…

A PERFORMANCE report by OrderPaper, Nigeria’s parliamentary monitoring organisation, has revealed that 15 senators and 149 members of the House of Representatives did not sponsor any bills in the first year of the 10th National Assembly. The report, released in Abuja by Oke Epia, Executive Director of OrderPaper, highlighted a legislative output of just 77 bills passed out of 1,442 introduced between June 2023 and May 2024. The senators identified by the report to have sponsored no bills include Amos Yohanna (PDP, Adamawa North), Victor Umeh (LP, Anambra Central), Samaila Kaila (PDP, Bauchi North). Others are; Abdul Ningi (PDP, Bauchi…

STATES affected by the recent flood disasters across the country have received the sum of N3 billion from the Federal Government meant to cushion the effects of the sufferings of their citizens. This was disclosed on Wednesday at the National Economic Council Meeting held at the State House in Abuja. The meeting chaired by Vice President Kashim Shettima was attended by governors and deputy governors from across the country and some Ministers. The co-chair of the Bills and Belinda Gates Foundation, Bills Gate and the President of Dangote Industries Limited, Aliko Dangote were also present to make presentations. Briefing State…

GOVERNORS under the platform of the Peoples Democratic Party (PDP) have urged security agencies to note the “threats” by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to cause political crises in the state of any governor who tries to interfere in the affairs of the PDP in Rivers State. Wike in Port Harcourt on Saturday had said “I hear some governors who say they will take over the structure and give back to somebody, I pity those governors because I will put fire in their states“. In a statement, the Director General of the PDP Governors’ Forum,…

PRESIDENTIAL aide, Bayo Onanuga, says the Nigerian National Petroleum Company Limited (NNPCL) admitted to having financial constraints because it can no longer subsidise petrol. Onanugu, the Special Adviser on Information and Strategy to President Bola Tinubu, disclosed this in a post on X late Tuesday. He said if the NNPCL continues to pay the difference between the landing cost and petrol price, the national oil company will go bankrupt. Onanuga said NNPC’s debt was a result of the company’s efforts to absorb rising petrol costs and protect Nigerian consumers, rather than any government deception. “NNPC cried out recently because it…

PRESIDENT Bola Tinubu on Tuesday met with his Chinese counterpart, Xi Jinping, in Beijing, China. Disclosing this in a statement, the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said both leaders announced the elevation of Nigeria-China ties to that of a comprehensive strategic partnership. According to the statement, the duo agreed to build a high-level Nigeria-China community with a shared future. “This is an important visit for Nigeria and the rest of Africa, as I arrive in my capacity as the Chairman of ECOWAS. I thank you for the high-level of honour accorded to us,” Tinubu…