News
Why We Are Not Yet Buying From Dangote Refinery — IPMAN
Published
7 months agoon
By
Editor
At the backdrop of a fresh controversy over lifting of petrol from Dangote Refinery, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it is still negotiating with the refinery on terms for the lifting.
President of the Refibery, Alhaji Aliko Dangote, has alleged that the Nigerian National Petroleum Company Limited, NNPCL, along with other petroleum marketers have been importing petrol from other refineries outside the country while refusing to come to his facility to lift products.
Dangote added that his refinery has 500 million litres of petrol in storage, sufficient for domestic needs.
But the Public Relations Officer of IPMAN, Chief Chinedu Ukadike, told Vanguard that the independent marketers have not yet begun direct sourcing from the Dangote Refinery, adding that talks with the refinery are ongoing.
READ ALSO: Flood Submerges Houses In Anambra Communities
He stated: “We haven’t received products from Dangote Refinery yet, but the processes are underway, and I’ll update you once they’re finalized.”
He added, “The product isn’t available to independent marketers yet. I think he (Dangote) is adopting a systematic marketing approach, but our discussions are progressing.”
In a related development, he noted that the hike in pump price of petrol by NNPCL two days ago should not be a surprise to the people because of market forces.
He stated: “People shouldn’t be surprised. Deregulation is driven by demand and supply factors, and your supply source will dictate the selling price.”
READ ALSO: UK Navy Ship Docks In Lagos For Joint Military Exercise
Meanwhile, despite the N30 per litre pump price mark up (a 3% hike) to N1, 060 per litre in Abuja, marketers have largely maintained their October, 2024 prices.
Checks by Vanguard in the nation’s capital showed that major marketers, such as Conoil and TotalEnergies, continued to sell at N1,109, while others like NIPCO (N1,115), Adova Plc (N1,125), and most independent marketers (N1,150-N1,230) have kept the prices set at the beginning of October.
NNPC had previously raised petrol prices by 14.8% on October 9, 2024, increasing the rate from N897 to N1, 030 per litre following the Federal Government’s decision to end the petrol subsidy. This increase contradicted expectations that the “crude-for-Naira” deal between the Federal Government and Dangote Refinery would reduce pump prices starting October 1, 2024.
The latest hike came on the heels of a previous price jump on September 3, 2024, when NNPC raised the petrol price by 45% from N617 to N897 per litre.
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News
NiMet Forecasts Three-day Thunderstorms, Rain From Wednesday
Published
7 hours agoon
June 11, 2025By
Editor
The Nigerian Meteorological Agency has predicted thunderstorms and rain from Wednesday to Friday across the country.
NiMet’s weather outlook released on Tuesday in Abuja envisaged early morning thunderstorms on Wednesday over parts of Taraba,
Kaduna and Adamawa in the northern region.
It anticipated thunderstorms with rain over parts of Kebbi, Taraba, Zamfara, Katsina, Kaduna, Kano, Sokoto, Gombe and Bauchi states later in the day.
According to it, early morning thunderstorms are expected over parts of Benue, Kwara, Niger, the Federal Capital Territory and Nasarawa States in the North central region.
“Later in the day, thunderstorms with rains are anticipated over parts of the Federal Capital Territory, Niger, Nasarawa, Kwara, Kogi and Plateau states.
READ ALSO: NiMet Forecasts 3-day Sunshine, Cloudiness In Some States Starting Sunday
“In the southern region, a cloudy atmosphere is expected with chances of morning rain over parts of Ondo, Ekiti and Edo states.
“Later in the day, isolated thunderstorms with rain are anticipated over parts of Imo, Enugu, Abia, Ebonyi, Anambra, Ondo, Oyo, Ogun, Ekiti, Edo, Delta, Cross River, Akwa Ibom, Bayelsa and Rivers during the afternoon or evening hours,” it said
NiMet envisaged prospects of morning thunderstorms on Thursday over parts of Kaduna, Kebbi, Zamfara, Adamawa and Taraba in the northern region.
“Later in the day, thunderstorms with rain are anticipated over parts of Taraba, Adamawa, Kebbi, Kaduna, Zamfara, Kano, Gombe and Bauchi states.
READ ALSO: NiMet Predicts 3-day Rains, Thunderstorms Across Nigeria From Sunday
“In the North-central region, patches of clouds with sunshine intervals are expected with prospects of early morning thunderstorms to affect parts of Niger, Nasarawa, Benue and the Federal Capital Territory.
“Later in the day, thunderstorms with rain are anticipated over parts of the Federal Capital Territory, Niger, Nasarawa, Kwara, Kogi, Benue and Plateau states,” it said.
According to NiMet, morning thunderstorms are expected over parts of Rivers, Bayelsa, Akwa Ibom and Cross River states in the southern region.
It envisaged isolated thunderstorms with rain over most parts of Imo, Enugu, Abia, Ebonyi, Anambra, Imo, Ondo, Oyo, Ogun, Ekiti, Edo, Lagos, Cross River, Akwa Ibom, Delta, Bayelsa and Rivers states later in the day.
“On Friday, prospects of morning thunderstorms are expected over parts of Jigawa, Gombe, Bauchi, Adamawa and Taraba in the northern region.
READ ALSO:NiMet Predicts Three-day Haziness, Thunderstorms From Tuesday
“Later in the day, thunderstorms with rains are anticipated over parts of Taraba, Adamawa, Kano, Kaduna and Bauchi states.
“In the North-central region, patches of clouds with sunshine intervals are expected with prospects of thunderstorms with rain over parts of the Federal Capital Territory, Nasarawa, Kwara and Niger,” it said.
NiMet forecast thunderstorms over parts of Kwara, Benue and Kogi in the afternoon or evening hours.
According to it, cloudy atmosphere is expected in the southern region with chances of morning rain over parts of Oyo, Enugu, Imo, Ebonyi, Akwa Ibom and Cross River.
It predicted isolated thunderstorms with rain over most parts of the region later in the day.
“Strong winds may precede the rains in areas where thunderstorms are likely to occur. The public should take adequate precautions and ensure that loose objects are fastened to avoid collision.
“Driving under heavy rain should be avoided. Disconnect electrical appliances from electrical sockets.
“Stay away from tall trees to avoid impact from falling branches and broken trees.
“Airline operators are advised to get airport-specific weather reports (flight documentation) from NiMet for effective planning in their operations.
“Residents are advised to stay informed through weather updates from NiMet. Visit our website www.nimet.gov.ng,” it said.
NAN
News
Democracy Day: Gov. Mohammed Advocates Unity, Good Governance
Published
7 hours agoon
June 11, 2025By
Editor
News
Edo Deputy Governor, Idahosa Preaches Unity As Honour For Martyrs Of June 12
Published
8 hours agoon
June 11, 2025By
Editor
The deputy governor of Edo State, Hon. Dennis Idahosa, has said that Nigerians must continue to fight for a united and indivisible nation as a mark of honour for those who fought for the country’s democracy.
In a statement by the Chief Press Secretary to the deputy governor, Mr Friday Aghedo, the former federal lawmaker, noted that despite the challenges confronting Nigeria, “there is no alternative to democratic governance.”
“Today, we celebrate not just a date, but a journey; our collective commitment to freedom, justice, and the right of every Nigerian to have a voice.
“June 12th reminds us of the resilience of our people, the sacrifices made for democratic rule, and the unyielding hope we hold for a better and united Nigeria.
READ ALSO: Democracy Day: FG Declares June 12 Public Holiday
“As we mark this important day, let us honor the memory of those who stood for truth, uphold the values of transparency and accountability, and continue to build a nation where every citizen can thrive,” he stated.
Idahosa said that the Governor Monday Okpebholo leadership underscores the power of democracy to bring about meaningful change.
He said that the administration remained committed to transformative governance with it’s SHINE mantra.
This was just as the deputy governor noted that the people’s collaborative efforts were needed to foster a more effective and responsive democracy.
According to him, “As we commemorate this day, let us renew our commitment to supporting leaders who prioritize the welfare of the people.
“Democracy is not a destination, it is a continuous process. Together, let’s build Edo of our dreams.”
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