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Dangote hails Tinubu over Naira for crude oil swap regime
The President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy.
According to a statement signed by Anthony Chiejina, Group Chief Corporate Communications Officer, the deal has led to reduction in prices of petroleum products in the country.
It would be recalled that To provide that Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.
In a statement, Dangote said- “To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre. This price has already commenced in Lagos, and it will be offered nationwide from Monday.
He called on NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”
According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets. ”
Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.
In September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.
Russia had announced that it had developed an mRNA vaccine for cancer patients which would be available from early 2025 and will be distributed for free. The vaccine will cost the Russian government 300,000 rubles per dose.
According to India Today, Russia has been seeing a rise in cancer cases and now has a vaccine to fight it. It says the vaccine will treat cancer patients and not prevent cancer. It is an mRNA vaccine. It will be distributed for free to Russians, according to a TASS report.
Andrey Kaprin, head of the Radiology Medical Research Centre of the Ministry of Health, said this vaccine would be launched in early 2025, according to reports from state-run media. It will cost the state 300,000 rubles (USD 2,869) per dose.
More than 10 people have reportedly died, with many more injured in a stampede at the Holy Trinity Catholic Church in Maitama, Abuja, on Saturday morning.
Today also, more than 25 people died in Okija Anambra State following stampede that occured when community members gathered to share rice donated by a businessman.
This is coming even as 35 children died earlier this week in a similar incident in Ibadan, Oyo State, where a stampede at a funfair resulted in the deaths and left six others critically injured.
The Saturday Abuja incident occurred when residents scrambled to receive palliatives distributed by the church.
The event, organised to provide relief to struggling residents, reportedly drew people mostly from Mpape, Gishiri Village, and other nearby settlements.
Eyewitnesses claim the incident occurred between 7 am and 8 am on Saturday when the crowd surged forward to receive the palliatives.
More than 20 persons are reportedly dead while many others have been taken to hospital due to injuries sustained during a stampede that occured in Okija, a community in Anambra State on Saturday.
The tragedy occured after Obi Jackson Foundation, run by oil magnate Ernest Obiejesi, announced plans to share rice to the less privileged in the spirit of 2024 Christmas.
“Dozens of people were killed,” a witness said in a video seen by Nationwide Reports. Bodies of some of the dead victims were shown in the video and we’re mostly women.
Witnesses said many injured community members were rushed to Our Lady’s Hospital in Okija. A spokesperson for the hospital.
The police in Anambra said the matter was under investigation, with the command spokesperson declining to elaborate.
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