The Federal Executive Council (FEC) has approved the acquisition of credit facilities to procure fighter aircraft and ammunition for the Nigerian Air Force. This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, during a briefing with State House correspondents on Wednesday, following the FEC meeting chaired by President Bola Tinubu at…
Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, has assured Nigerians that the president is well-rested and ready to resume his duties, urging citizens to expect better days ahead. Gbajabiamila, who was among top officials welcoming Tinubu at the Nnamdi Azikiwe International Airport in Abuja on Saturday, said the president is prepared to “continue…
The Dangote Petroleum Refinery has started supplying Premium Motor Spirit, popularly called petrol, to some oil marketers directly without recourse to the Nigerian National Petroleum Company Limited. It was gathered that while more oil marketers were intensifying efforts to buy the product directly from the plant, others were importing the commodity, as hundreds of millions…
A bill to create a special armed squad for the Federal Road Safety Corps (FRSC) as well as other provisions to make the agency operates better has been passed for second reading at the House of Representatives. The bill sponsored by Rep. Abiodun Derin Adesida and Rep. Olaide Lateef Muhammed seeks to amend the Federal…
President Bola Ahmed Tinubu has presented motorists with a choice between purchasing petrol at N1,000 per litre or opting for Compressed Natural Gas (CNG) at N200 per Standard Cubic Meter. This decision was made during a meeting with executives from the Nigerian Independent Petroleum Company (NIPCO) on October 22, 2024, at the State House in…
The Dangote Petroleum Refinery has received four cargoes of crude oil from the Nigerian National Petroleum Company Limited under the naira-for-crude sale agreement, officials of the refinery and the Federal Government confirmed on Tuesday. It was gathered that the four cargoes of crude were delivered to the refinery within the past three weeks when the…
Dangote Petroleum Refinery and Petrochemicals has taken legal action against the Nigeria Midstream and Downstream Petroleum Regulatory Authority and some major importers in the oil and gas sector at the Federal High Court in Abuja. In suit number FHC/ABJ/CS/1324/2024, Dangote Refinery sought N100bn in damages from NMDPRA for continuing to issue licences for the importation…
The price of Liquefied Petroleum Gas (cooking gas) has skyrocketed from N700/kg in June 2023 around when President Bola Tinubu assumed office to N1,500/kg in October 2024, The PUNCH reports. This represents about a 114 per cent increase within the 16 months. Our correspondent gathered that the increase in LPG is connected to the rising…
Former President Olusegun Obasanjo has said that the country needs to do something urgently on insecurity which, he said, has taken over some parts of the nation. Obasanjo stated this in Bauchi State, on Sunday, where he inaugurated road projects constructed by Governor Bala Mohammed. He said insecurity in Nigeria today is worse compared to…
A 15-year-old school girl in Delta State, Emmanuella Monday, has cried out for help from her hideout, after escaping from a man who her mother allegedly gave her to, urging relevant authorities to rescue her from her ‘abusive’ mother who she accused of allegedly trying to force her into child prostitution in exchange for money….
