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Dangote intervenes again, slashes fuel price by N100, says no more scarcity in Nigeria

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Dangote Petroleum Refinery has again, intervened to save Nigerians from the sharp rise in cost of petroleum products caused by the raging war between the United States and Israel on one side against Iran

As part of its intervention, Dangote Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known as diesel.

Under the new pricing framework, the gantry price of PMS has been lowered from ₦1,175 to ₦1,075 per litre—a reduction of ₦100. The coastal price has also been adjusted downward from ₦1,150 to ₦1,028 per litre, representing a ₦122 decrease. Diesel prices have similarly been reduced from ₦1,620 to ₦1,430 per litre, amounting to a ₦190 cut.

This decision underscores our commitment to maintaining a pricing structure that remains sensitive to global market trends and reflective of our principles of fairness and transparency.

The refinery noted that as a company operating under strict governance standards and strong ethical values, it is important for us to ensure our pricing aligns with the ongoing decline in global crude oil prices. All crude processed at the refinery is purchased at the global benchmark price, plus a premium of $3 to $6. Foreign exchange payments are made at the prevailing market rate, with no subsidies applied to either crude or forex. Additionally, crude supplied through the Naira‑for‑Crude arrangement is priced in line with the global benchmark plus premium and converted to naira using the current exchange rate.

In 2025 alone, we reduced our gantry prices on no fewer than eight occasions, increasing them only twice—an effort rooted in economic patriotism and our responsibility to the Nigerian people. We remain committed to ensuring that any cost advantages are passed on to consumers across the 36 states and the Federal Capital Territory.

Recently, the Managing Director of Dangote Petroleum Refinery, David Bird, assured Nigerians that the refinery will continue to meet the nation’s fuel demand despite turbulence in the global oil and gas market. He noted that while fuel‑import‑dependent nations are experiencing panic buying and rationing, Nigeria will not face similar conditions because of the refinery’s unwavering commitment to ensuring nationwide fuel availability.

Bird highlighted that the refinery continues to supply uninterrupted fuel to the domestic market even as geopolitical tensions in the Middle East have triggered sharp increases in crude prices, freight charges, and insurance costs. He described the recent spike in crude markets as unprecedented, pointing out that oil surged from the mid‑$60 range to nearly $120 per barrel in just one week—disrupting every segment of the global energy supply chain.

While acknowledging that the refinery is not insulated from global price fluctuations, freight volatility, or rising insurance premiums, Bird emphasized that Nigeria now enjoys a significant advantage: a secure fuel supply driven by domestic refining capacity.

“What would be worse than $120 oil is no oil,” he noted, stressing that several countries are now rationing fuel due to total dependence on imports. He added that even nations with strong refining sectors have begun restricting fuel exports to protect their domestic markets amid the ongoing global supply shock.

Bird reaffirmed that as long as the refinery continues to receive crude from the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL), it will remain fully committed to supplying the domestic market.

“With the continued support of the government and uninterrupted access to local crude supply, Dangote Refinery will consistently meet all of Nigeria’s refined fuel requirements,” he assured.

 

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16 injured as gunman attacks high school

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A former student opened fire at a high school in southeastern Turkey on Tuesday, wounding at least 16 people, before killing himself, an official said.

The 18-year-old attacker, armed with a shotgun, fired randomly inside a vocational high school in Siverek, Sanliurfa province. He later killed himself with the same shotgun after being “cornered by police,” Gov. Hasan Sildak said.

The attack left 10 students, four teachers, a canteen employee and a police officer hurt, Sildak said. While most of them were being treated in Siverek, five of the teachers and students were transferred to a hospital in the provincial capital because their conditions were more serious, the governor said.

The motive for the attack remains unclear. School shootings are rare in Turkey.

The attacker did not have a criminal record, Sildak said. The school had been declared safe and no permanent police officer was assigned to protect it, he added, calling the shooting an “isolated incident.”

NTV television and other media reports said the assailant had threatened an attack on the school on social media prior to the shooting.

One student told the state-run Anadolu Agency that he and a friend jumped out of their classroom window to flee the attacker.

 

 

 

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NiMet inaugurates ACTU to enhance accountability, transparency

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The management of Nigerian Meteorological Agency (NiMet) has inaugurated newly appointed members of its Anti-Corruption and Transparency Unit (ACTU), reaffirming its commitment to promoting integrity, accountability, and ethical standards across the Agency.

Speaking at the inauguration ceremony, the Director General/CEO of NiMet, Prof. Charles Anosike, described the event as a critical step in strengthening institutional mechanisms against corruption. He noted that the inauguration aligns with NiMet’s newly unveiled 2026–2030 Strategic Plan, anchored on core values of Integrity, Professionalism, Accountability, Commitment, and Excellence (I-PACE).

According to him, ACTU serves as a key institutional safeguard responsible for preventing corruption and fostering a culture of accountability within the Agency. He added that the unit has been expanded from five to eight members to enhance inclusiveness and effectiveness.

The DG also emphasized that the fight against corruption is a collective responsibility, urging all staff to embrace ethical conduct as a core part of the Agency’s culture.

Anosike therefore urged the ACTU members to uphold the highest ethical standards and carry out their responsibilities with diligence, integrity and professionalism, while assuring them of Management’s full support as well as reaffirming the Agency’s commitment to transparency and national development.

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, who was represented by Mr. Olusegun Adigun, in his remarks, commended NiMet’s Management for facilitating the inauguration and operations of ACTU in the Agency. He also encouraged stronger collaboration between the two organisations to enhance credibility and accountability.

 

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Supreme Court fixes April 22 to hear PDP cases

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Photo caption: PDP national chairman, Kabiru Tanimu Turaki, SAN, interacting with lawyers as the premises of the Supreme Court on Tuesday, April 14, 2026.

The Supreme Court has fixed April 22, 2026 for definite hearing of the appeal against the ruling of the Court of Appeal on the November 2025 convention of the Peoples Democratic Party, PDP.

The appeal was filed by the PDP  leadership led by its national chairman, Kabiru Tanimu Turaki, SAN, and came up today for mentioning st the Supreme Court.

Lead Counsel for Turaki-led PDP, Chief Chris Uche, SAN, prayed the Court for a departure from the rules of the apex court by abridging time for the filing of processes. He further applied for the accelerated hearing of the case, due to the exigency of time, for its expeditious determination.

Counsel for the 1st to 3rd Respondents, E.C. Ukala, SAN, while not opposing the application, sought 15 days to file their Respondents’ Brief. Counsel for INEC, Kingsley Magbim, Esq., in like manner, did not oppose the application but sought 10 days to file their Respondents’ Brief. Other Respondents equally did not oppose the application.

The Court, having considered the facts deposed to in the affidavit in support of the appellant’s application, granted same and abridged time to 5 days for the Respondents to file their Respondents’ Brief, and 2 days for the Appellants’ Reply Brief (where necessary). All briefs are to be filed on or before the 21st of April. The case was then fixed for definite hearing on the 22nd of April, 2026.

In a related case (Sule Lamido’s case), where the party filed an appeal against the Judgment of the Court of Appeal upholding the verdict of Justice Lifu, lead counsel for the Appellants, Paul Erokoro, SAN, similarly applied for an abridgment of time and a departure from the rules, seeking accelerated hearing.

Counsel for all the Respondents did not oppose the application. Consequently, the Court granted same, abridging the time for the filing of Respondents’ Brief to 5 days, and the Appellants’ Reply Brief (where necessary) to 2 days. The case was accordingly adjourned to the 22nd of April, 2026, for definite hearing.

Reacting to the development, the Turaki-led PDP urged members and supporters to remain calm with the hope that justice would served in the end.

A statement signed by Comrade Ini Ememobong, National Publicity Secretary of the PDP said: “We charge all true and uncompromised PDP members to continue to keep their faith alive and uphold the party in their prayers, in the hope that the apex court will give judgments that will save democracy and prevent the enthronement of a one-party state. This Supreme Court has remained the last hope of Nigeria and many Nigerians, even during military dictatorships, in the face of great pressure and unimaginable risk.”

 

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