News
Oil marketers reveal how petrol price can come down
The National Controller Operations, the Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, has said that local refining will save at least N70 per litre off petrol price when it is fully operational.
He stated this while speaking on the benefits of the Federal Government investing in functional refineries.
He said that although the contracts for revamping of refineries had been awarded, it would be a great development for repairs to be completed as soon as possible, to ease the stress and huge finance of importation on the country.
He said, “The contract has been awarded already before the new government came into office. IPMAN doesn’t know the context of the contract, but if the refineries are working, it would cut freight and ship-to-ship transfer costs.
He listed other benefits of operational local refining as reduction in insurance costs, reduction in product delivery time, and increase in employment.
According to him, “Cost of insurance would reduce, and then if we keep importing, it takes about 30 days for ships to arrive in Nigeria and we would have to pay for hiring the vessel.
“But if we refine in the country, products would arrive within one day. There will also be more jobs for the masses. It’s a lot of benefits.”
A Nigerian Air Force jet has ccrashed near Karabonde, Borgu Local Government Area of Niger State.
This was disclosed by a Niger State-based online digital television network, Lapai TV, in a post on its official Facebook page on Saturday evening.
“Two Nigerian Air Force Pilots Reportedly Survive Alpha Jet Crash Close to Karabonde, Borgu Local Government Area of Niger State,” the post stated
The incident was said to have occurred Saturday evening.
At the time of filing this report, the military has yet to make any official communication about the incident.
Nigeria’s security agencies have reportedly uncovered a plan by some opposition politicians to organise protests in Sokoto and other northern states against President Bola Tinubu and National Security Adviser Nuhu Ribadu.
Fresh intelligence reports made available to journalists on Friday show that former Senator Kabiru Marafa is the main arrowhead of the plot.
The group is allegedly working to discredit NSA Nuhu Ribadu and the Minister of State for Defence, Bello Matawalle, by falsely linking them to bandit groups and using a Sokoto-based militia to trigger violent protests.
Sources say the Zamfara State Government, led by Governor Dauda Lawal, is strongly backing the plan and providing funding, determined to paint the federal security team as incompetent and force the removal of both Ribadu and Matawalle.
Security operatives detected the scheme this week, monitored several planning meetings in Gusau and Abuja, blocked funding channels, and quietly disrupted the operation.
No arrests have been made, but all the key figures are now under close surveillance.
The key figures are now being monitored by security agencies to track their key sources of funding.
Myesom Wike, the Minister of the Federal Capital Territory, FCT, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, FCT-IRS, Mr Michael Ango, of his duties.
The announcement was contained in a statement late Friday by the minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka.
The statement added that the decision takes immediate effect.
Olayinka said the minister directed the most senior official of the FCT-IRS to immediately assume leadership of the agency
“The Minister of the Federal Capital Territory, Nyesom Wike, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Mr Michael Ango,” he stated.
He added that “the most senior official of the FCT-IRS has been directed to take over the running of the revenue agency with immediate effect.”
The statement did not provide reasons for the removal.
-
News2 years agoBreaking: Tinubu’s authentic ministerial nominees
-
News9 months agoSenate to speed up conclusion of Nigeria Forest Security Service Bill
-
News2 years ago“Anytime we want to kill terrorists, President would ask us to take permission from France but they were killing our soldiers-” Niger Republic coup leader
-
News2 years ago“I’m leaving the Catholic church because Bishop Onah is oppressing me,” says Okunerere
-
News2 years agoRadio Nigeria’s veteran broadcaster Kelvin Ugwu dies three months after retirement from service
-
News2 years agoDokpesi and the Gazebo Mystique
-
News2 years agoTsunami: Tinubu orders dissolution of managements, boards of MDAs, to sack all Buhari’s political appointees
-
News2 years agoPersons against Allagoa’s reforms behind protests at NSITF