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NNPCL has stopped petrol supply to independent marketers amid a fuel price surge. NewsOnline Nigeria reports that the Nigerian National Petroleum Company Limited (NNPCL) has stopped the sale of Premium Motor Spirit (Petrol), otherwise known as Petrol or fuel to the Independent Petroleum Marketers Association of Nigeria (IPMAN), following a significant surge in fuel prices on Tuesday. Fuel prices at major filling stations have skyrocketed, reaching between N855 and N1000 per liter in cities like Abuja, Lagos, Delta, and Enugu. Independent marketers have responded with even higher rates, selling petrol at N1,200 to N1,300 per liter in some states.Despite these increases, many stations…
The Minority Caucus of the House of Representatives has vehemently rejected the recent fuel price increase by the Nigerian National Petroleum Company Limited, NNPCL, warning the Federal Government to urgently reverse the increase. Condemning the price hike, the caucus said the development was not only ill-timed but also grossly insensitive to the harsh economic conditions being experienced by Nigerians across the country. A statement signed by the Minority Leader of the House of Representatives, Kingsley Chinda, early Thursday, warned the fuel price hike will ultimately erode the already fragile purchasing power of millions of citizens, pushing more families into poverty.…
PDP has blasted President Tinubu Government over petrol price hike. NewsOnline Nigeria reports that the Peoples Democratic Party (PDP), has described the ruling All Progressives Congress (APC) and President Bola Tinubu as anti-people following the recent fuel price hike in the country. Recall that Nigeria National Petroleum Company Limited (NNPCL), on Tuesday, adjusted fuel price to ₦885/litre across its filling stations despite the denial by the federal government that it authorized a fresh increase in the price of petrol. Reacting to the development, the PDP, in a statement on Wednesday by its National Publicity Secretary, Debo Ologunagba, said the increase in petrol price is an insult to the…
Dangote and Bill Gates have stormed the ongoing Shettima chaired NEC meeting. NewsOnline Nigeria reports that the Vice President, Kashim Shettima is currently chairing the National Economic Council (NEC) meeting at the Presidential Villa with the Chairman of Dangote Group, Aliko Dangote and Bill Gates in attendance. Also present at the meeting are governors Babagana Zulum of Borno State, Bala Mohammed (Bauchi), Abdullahi Sule (Nasarawa State), Duoye Diri (Bayelsa), Francis Nwifuru (Ebonyi), Lawan Dauda (Zamfara State), among others. The Deputy governors represent their principals, some Ministers and some state commissioners.The meeting is expected to have a holistic review of the nation’s economic policy…
Naira has fallen massively at the black market, see the new exchange rate today below. NewsOnline Nigeria reports that the dollar index remained near its weekly high, while the Nigerian naira fell below a key support line. The local currency dropped below the N1,600/$ support level in the black market. Market fundamentals indicate renewed demand pressure and an expanding supply gap, leading to another round of naira depreciation. The naira’s value fell from N1,625 per dollar last weekend to N1,635/$ yesterday.The local currency is under severe pressure this month, struggling to maintain the critical N1,500 support level, according to market indicators, despite slight…
The Inspector-General of Police, Olukayode Egbetokun, has directed organisations utilising Supernumerary Police, SPY, personnel to heed to the new standardised uniforms of the officers. Egbetokun gave the directive on Tuesday in Abuja at the inauguration of the new standard Supernumerary Police uniforms. “As we relaunch these uniforms and kits, we mandate all organisations utilising SPY Police personnel to strictly adhere to these new standardised uniforms. “The Force Quartermaster and personnel across the states will provide guidance on the registration and acquisition. “All Police Training Schools are instructed to adopt the new uniform issuance model for SPY Police personnel,” he said.…
Five (5) agreements President Tinubu signed with Xi Jinping have emerged. NewsOnline Nigeria reports that the President of Nigeria, Bola Tinubu, and his Chinese counterpart, Xi Jinping, have agreed on some fresh agreements between the two countries and signed documents to that effect. This Nigeria news platform understands that President Tinubu and President Jinping on Tuesday in Beijing, China, announced the elevation of Nigeria-China ties to that of a comprehensive strategic partnership.The leaders also agreed to build a high-level Nigeria-China community with a shared future. This was part of the outcome of talks between the two leaders during President Tinubu’s official visit to China, as confirmed…
American singer and actress, Selena Gomez has opened up about how she prepared for her role in the new Spanish musical, ‘Emilia Pérez’. The pop star revealed that she took a break from music and other activities to prepare for her role. Gomez spoke at a Question-and-Answer session with the rest of the cast of Emilia Perez at the Telluride Film Festival on Sunday, September 1, 2024. “I stopped working on my music and anything else, and solely focused on this [musical]. Every day, I’d wake up and rehearse the lines over and over again. And I’d call in the…
Petrol is reportedly selling above N1,000 per litre across Nigeria. NewsOnline Nigeria reports that Nigerians across the country are groaning as the cost of Premium Motor Spirit (Petrol) has hit over N1000 per liter in many parts of the country. This Nigeria news platform went round the nation’s Capital and gathered that only a few filling stations were dispensing fuel with long queues. Only NNPCL and a few other retail outlets were seen dispensing fuel at N617 per litre along Kubwa Expressway. RainOil in Gwarimpa sold at N720 per litre. In Nasarawa, Niger and Kogi states, the product was sold for between N850 to…
A former BBNaija Female Housemate is dead.NewsOnline Nigeria reports that the first runner-up of the inaugural season of Big Brother Naija in 2006, Francisca Owumi, has sadly passed away. Her family shared the news of her death on Instagram, accompanied by the message, “A daughter and sister. May her soul rest in peace, Amen.” This Nigeria news platform gathered that Owumi died after a brief illness. She was a standout participant in the first season of Big Brother Nigeria (BBNaija), where she was admired for her vibrant dance moves and engaging personality. During her time in the BBNaija house, she lived alongside contestants like…