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Dangote denies petrol pump prize increase
Dangote Petroleum Refinery has denied an upward adjustment in the prices of its Premium Motor Spirit (PMS) commonly known as petrol. The company stated this in a statement made available on Sunday. The statement reads; “We wish to clarify that the recent adjustment in our ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global crude oil prices. As crude remains the primary input in the production of PMS, any fluctuation in its international price inevitably impacts the cost of the finished product. “At Dangote Petroleum Refinery, we recognise the critical importance of affordable fuel for all Nigerians, and we remain committed to offering the best value with guaranteed quality to our customers. While we have made a 5% adjustment to our ex-depot price from N899.50 to N950 per litre, it is important to note that this increase is considerably lower than the 15% rise in global crude oil prices, which has seen Brent Crude rise from $70 to $82 in a matter of days, in addition to the premium for Nigerian crude (approximately $3 per barrel) in international markets. “Furthermore, Dangote Refinery has maintained the Single-Point Mooring (SPM) ex-vessel price at N895 per litre. “All our partners, including Ardova, Heyden, and MRS Holdings, will offer petrol to Nigerians at a retail price of N970 per litre nationwide. We have absorbed the increased logistics costs to guarantee uniform pricing across the 36 states of the federation and the Federal Capital Territory (FCT). “Dangote Refinery has absorbed approximately 50% of the cost increases in the international oil market. This is due to our unwavering commitment to quality and affordability, as well as the ownership of the refinery by Nigerians, which remain central to our mission. If Dangote Refinery were to pass on the entire increase in the price of crude oil to the market, the retail price of PMS would be approximately N1,150 to N1,200 per litre in some locations, compared to the current price of N970 per litre. “We are committed to providing reliable, top-quality petrol to the Nigerian people at competitive prices. In these challenging times, we continue to prioritise the best interests of Nigerians, striving to shield consumers from the full impact of global price volatility while adapting to evolving market conditions. “We sincerely appreciate the continued trust and support of Nigerians as we strive to deliver the best value for their money and contribute to the development of a self-sufficient economy that is resilient to international price fluctuations. “In the interest of transparency and good governance, Dangote Refinery will commence publishing its ex-depot price, ex-vessel price as well as pump price on a weekly basis so that consumers are not exploited. “We would like to express our gratitude to President Bola Ahmed Tinubu for the introduction of the visionary Naira for Crude Initiative. This groundbreaking initiative has enabled consistent access to high-quality PMS for all Nigerians, while also insulating the Nigerian consumers from the volatility of the global oil market.”
Cultism, ritual killings: Ogun to sign death warrants
The Ogun State Government has said that it is considering signing the Death Warrants of condemned criminals sentenced by competent courts to serve as a deterrent to those who may want to commit heinous crimes in the state. The State Attorney General and Commissioner for Justice, Mr. Oluwasina Ogungbade (SAN), made this known on Friday after inspecting inmates and facilities at the Correctional Centre, Ibara, Abeokuta. The Attorney General, who was conducted around by officers of the Centre, expressed concern over the increase in criminal activities like ritual killings, kidnapping, cultism, and other heinous crimes in recent times in the state. According to Mr. Ogungbade, the state government is ready to take the bull by the horns by implementing the law through signing the Death Warrants. He observed that despite the proactive measures put in place by security agencies in tackling crimes, there appears to be an upsurge, particularly in ritual killings, adding that the government had identified the wrong perception that there would be no repercussions when some of these crimes are committed as the root cause. “I can tell you that we are looking seriously at a means of sending a message that Ogun State is not a place where you can come and commit such serious crimes and get away with it. “The law as of today, for example, states that a murder case attracts the death penalty and some other offenses. But if you look at it nationally, for a long time, there has been reluctance on the part of governments across the states, particularly since the advent of democratic rule, to sign Death Warrants. But I assure you that at this time, we are looking very seriously at following the law to its letter. “It is part of the duty of the governor to sign Death Warrants, and I am certain that when he took that oath of office, he took it knowing full well the responsibilities that come with it. He is a governor who upholds the rule of law, so I can assure you that in deserving cases, he will not shy away from that constitutional duty. “Though I may not give a timeline, I can only say that in deserving cases, which we are looking at, it will happen. “If somebody has gone through the process of a fair trial and has made use of all his appeals, we will begin to look seriously at implementing those judgments, hoping that it will serve as a deterrent to those who still intend to carry out such crimes. But in doing so, I can assure you that we will be systematic about it; we will not be reckless about it,” he assured. He said the present administration has done a lot in terms of granting amnesty to those condemned to death by turning their death sentences into life imprisonment, reducing life imprisonment to a fixed term of imprisonment, as well as allowing punishment to serve as a deterrent. The Commissioner attributed the upsurge in criminal activities to a total loss of value system and the support given to criminals by their relatives, saying this is in variance with the African belief system that abhors criminal behavior and seeks punishment for offenders. “In times past, when people committed crimes, their family members were usually the ones who would even alert law enforcement. But what we have today is where the family comes together to shield people who have committed crimes. Unless there is a total reappraisal of our value system, we will continue to have this problem. We need to go back to the family,” he added. The Attorney General said his visit to the Correctional Centre was to see the conditions of the inmates and the facilities, with a view to doing the needful to ensure that the centre worked the way it was designed and that the inmates were not made to go through excruciating suffering.
Tinubu commends Governors for supporting tax reform
President Bola Tinubu has expressed his appreciation for the Nigeria Governors’ Forum following their unanimous endorsement of the four Tax Reform Bills currently under consideration by the National Assembly. President Tinubu lauded the governors for their bold leadership and commitment to fostering unity among leaders nationwide, transcending regional, ethnic, and political barriers to advance Nigeria’s development. Thursday’s productive consultation between the Nigeria Governors’ Forum and the Presidential Committee on Tax and Fiscal Policy is a commendable example of cooperation between the Federal and State governments. He extended special commendations to the Chairman of the Governors’ Forum, Kwara State Governor Abdulrahman AbdulRazaq, for successfully galvanising support among his peers for these transformative tax bills to rejuvenate the national economy and enhance Nigeria’s investment climate. He also commended the Progressive Governors Forum, the Northern Governors Forum, and all other groups that made the bipartisan resolution of the controversy stirred by the tax bills possible. President Tinubu underscored that the primary aim of the Tax Reform Bills, which is pro-poor, is to promote national interests, improve the competitiveness of Nigeria’s economy, and attract both local and foreign investments. He said updating the country’s outdated tax laws is essential to this endeavour. The President noted that the dialogue between the NGF and the Presidential Committee on Tax and Fiscal Policy Reform highlights the power of constructive conversation in resolving differences. President Tinubu regarded the governors as vital contributors to nation-building and affirms his commitment to partnering with them to promote economic growth, national harmony, peace, and stability. He also encouraged other stakeholders with ideas and suggestions for refining the Tax Bills to engage with the ongoing legislative process at the National Assembly. Finally, President Tinubu urged the National Assembly to expedite the legislative process for these crucial bills so that the country can swiftly reap the benefits of the reforms.
Kwara to employ 1,800 new senior class teachers
Kwara State Governor Abdulrahman Abdulrazaq has approved a request of the Teaching Service Commission (TESCOM) to hire 1,800 teachers, 100 non-teaching staff, and 200 security guards to promote safer school environment. The hires are for the senior secondary schools across the state, with emphasis on the rural areas where teachers are lacking. TESCOM Chairman Mallam Bello Tauheed Abubakar said in a statement that application links will soon be released. “All applicants will have to apply online. Applicants must have a university bachelor degree in education or a university degree in relevant subjects with a teaching certificate. These are B.Ed, BSc. Ed, B.A. Ed, BSc plus PGDE or NCE. Applicants without the listed qualifications will not be invited for the test,” he said. “The recruitment exercise is essentially to bridge the human resource gap in the schools in the hinterlands. Therefore, applications will be screened along that line. “Teachers of STEM subjects will also be prioritised in the exercise. Required subject areas in Art and Commercial will also be indicated on the application portal. We plead that persons whose subject areas are not indicated should not apply. “Applicants will be required to upload the certificate of their local government of origin, indicate their local government of residence, and show evidence of same at different stages of the exercise. “Further requirements may be announced in the course of the exercise. The cutoff mark will be decided after the CBT. Only applicants who meet the requirements will be invited for the CBT. “After the CBT, shortlisted applicants will be invited for interviews and peer teaching (practicum) at venues to be announced. “All shortlisted applicants shall undergo drug tests in line with the focus of the government to fight drug abuse and protect school children from the menace of drug abuse. “Applicants who exhibit behaviours unexpected of a teacher and role model will be disqualified at any stage of the exercise. “TESCOM sincerely commends the unrivalled commitment of the Governor to a better public sector education. This is reflected in the clear policy direction and investment of the administration since 2019.”
Gov Abdulrazaq celebrates 18-year-old chartered accountant
Kwara State Governor Abdulrazaq Rahman sends hearty congratulations to 18-year-old University of Ilorin’s student Miss Faith Aduragbemi Olabisi who recently became a chartered accountant. Abdulrazaq said the feat is a triumph of hard work, determination, equal opportunities, and equitable access to education. He urged the young chartered accountant to remain steadfast and strong as she pursues a career in the field of accountancy. The Governor commended her parents and her communities for the opportunity and encouragement that saw her through years of rigorous and consistent study. He wished Miss Olabisi many years of outstanding success and contributions to national development as a chartered accountant.
Oyetola sets special committee to address incessant boat mishaps
The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola has constituted a Special Committee to review the operations of commercial boat operators in Coastal and Inland Waterways with a view to addressing incessant boat mishaps across the country. In a meeting in Abuja with Heads of Agencies overseen by the Ministry, Oyetola, noted that it has become a matter of urgent concern, hence the need to proffer solutions to reduce it to the barest minimum. The Committee is expected to reveiw and come up with recommendations and actionable plans that would checkmate the menace. The Committee has the Managing Director, National Inland Waterways (NIWA), Bola Oyebamiji as Chairman. Others members are as follows; Mr. D. Mobereola, DG-NIMASA (Member); Prof. S. Abiodun ED-NIOMR (Member); Dr. A.M Sule ED-NIFFR (Member); Dr. B.D. Olaosebikan, P-FCFFT (Member); Prof. B. Fakinlede TA-HM-FMMBE (Member); and Mr. A. Offie DD-IWW (Secretary). The Terms of Reference to guide the Committee include but not limited to; “Review the existing commercial boat transport operations and assess: Boat mishaps and its causative factors; Current boat operations safety & sbecurity compliance; and Existing boat specifications in relation to acceptable standards. “Develop a comprehensive plan to address the findings from the assessment and guarantee safe commercial boat transport operations in Coastal and Inland Waterway; “Develop standard design specification for basic categories of commercial boats for Coastal and Inland Waterway; and “Consider any other related measures/issues as may be deemed appropriate for a safe and viable commercial boat operations in our coastal and Inland waterway transport system that would address incessant boat mishaps.” The Committee has 21 days to complete the assignment and submit a comprehensive report to the Ministry.
UAE President to visit Nigeria this year
United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan has accepted Nigerian President Bola Ahmed Tinubu’s invitation to visit Nigeria this year. The Nigerian leader invited him Wednesday night during their bilateral talks on the sidelines of the Abu Dhabi Sustainability Week 2025 President Tinubu arrived in Abu Dhabi on Sunday as a guest of the UAE President to participate in the Sustainability Week, a forum for exchanging ideas to support sustainable development worldwide and encourage collective action to address global challenges, such as climate change, water and energy crises. He delivered Nigeria’s position on climate and other challenges earlier on Wednesday and congratulated the UAE leader for the successful event. During the discussions, Sheikh Mohamed bin Zayed Al Nahyan thanked the Nigerian leader for accepting his invitation and expressed the UAE’s determination to strengthen economic cooperation between Nigeria and his country. The two leaders also explored attracting investment into Nigeria. President Tinubu said his government’s economic reforms are yielding fruits and called on the UAE to partner with Nigeria to develop the economy. He said the reforms had stabilised and grown the economy, encouraging foreign investors, including international oil companies, to announce billion-dollar investments, signalling renewed confidence in doing business with Africa’s most populous nation. President Tinubu thanked Sheikh Mohamed bin Zayed Al Nahyan for the warm reception he and his aides received since their arrival over the weekend. Minister of Foreign Affairs Yusuf Tuggar, Minister of Finance Wale Edun, and the National Security Adviser Nuhu Ribadu accompanied President Tinubu to the meeting at the Emirates Palace Mandarin Oriental in Abu Dhabi. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs; Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; and H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan accompanied the UAE President. Other UAE officials at the meeting were: Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation; Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Salem Saeed Al Shamsi, UAE Ambassador to Nigeria.
House of Representatives mourn Deputy Chief Whip, Onanuga
The House of Representatives has announced the passing of Rt. Hon. Adewunmi Oriyomi Onanuga, who, until her demise, served as the Deputy Chief Whip of the House. Onanuga, who represented the Ikenne/Sagamu/Remo North Federal Constituency of Ogun State, passed away Tuesday, January 15, 2025, after a brief illness. Representative Onanuga, born on December 2, 1965, was a dedicated public servant, a visionary leader, and a passionate advocate for her constituents. She was first elected to the House in 2019 on the platform of the All Progressives Congress (APC). During that tenure, she served as Chairperson of the House Committee on Women Affairs and Social Development in the 9th Assembly, where she championed policies to empower women and advance social welfare. Re-elected in 2023, she was appointed Deputy Chief Whip of the 10th Assembly, a role in which she demonstrated exceptional leadership and unwavering commitment to legislative discipline, particularly during parliamentary sittings. Affectionately known as ‘ Ijaya,’ Rep. Onanuga’s intellect, passion, humility, and drive for excellence earned her admiration among her colleagues and constituents alike. Her impactful contributions to Nigeria’s political landscape reflected her passion for creating a better society and her tireless dedication to public service. “We extend our heartfelt condolences to her family, friends, associates, the Government and People of Ogun State – particularly the Ikenne/Sagamu/Remo North constituency – and the entire membership of the National Assembly. “As we mourn the loss of this vibrant and committed lawmaker, whose life was devoted to improving the lives of Nigerians – especially her constituents – her legacy of service and dedication will continue to inspire future generations. “Funeral arrangements will be announced by her family in due course. May her soul rest in perfect peace, and may her legacy continue to inspire generations to come,” the House stated.