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At least 48 people were killed on Sunday in a fuel tanker truck explosion following a collision with another vehicle in north-central state of Niger, the state's disaster management agency said. The State Emergency Management Agency in Niger state said the fuel truck collided with a truck carrying travellers and cattle. Several other vehicles were also caught up in the accident, it said. The agency's spokesperson Hussaini Ibrahim put the death toll at 48 and officials were still trying to clear the scene of the incident. Nigeria's state-owned firm NNPC Ltd last week hiked the price of gasoline by at…
The Dangote refinery may resort to exporting its Premium Motor Spirit (petrol) following the refusal of the Nigerian National Petroleum Company Limited to be the sole buyer of its product. The NNPC, in a statement by its spokesman, Olufemi Soneye, said on Saturday that it would not buy Dangote fuel unless it was cheaper than that of the international market. This is contrary to claims by the President of the Dangote Group, Aliko Dangote, that the refinery was waiting for the NNPC to roll out its product. On Saturday, the NNPC stated that it would only fully offtake petrol from…
The federal government has imposed a deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by customers of Fintech companies, including Opay, Moniepoint, and others. In a notice to its customers on Saturday, the online payment platform stated that the charges in line with the Federal Inland Revenue Service (FIRS) regulations, will take effect from September 9, 2024. “Dear valued customers, please be informed that starting September 9, 2024, a one-time fee of N50 will be applied for electronic transfer of N10,000 and above paid into your personal or business account in compliance…
Matthew Kukah, Catholic Bishop of Sokoto diocese, has asked the All Progressives Congress (APC) to prevail on the federal government to reverse the recent hike in the petrol price. Kukah spoke on Friday at the unveiling of the progressive institute (TPI), the tink tank of the APC. On September 3, the National Petroleum Company (NNPC) Limited increased the pump price of petrol to N897 across its retail outlets in the country. The price of the product was increased at petrol stations across the country, ranging from N897 per litre to over N1,000. The development followed a protracted scarcity which has…
The abrupt shutdown of the Nursing and Midwifery Council of Nigeria's (NMCN) verification portal in February has left numerous Nigerian nurses and midwives working overseas in distress. This closure has created obstacles for these healthcare workers, as they struggle to renew licenses and comply with international regulations. The inability to verify their qualifications has placed many in violation of visa and employment regulations, leading to legal repercussions. Reports indicate that several nurses in the UK and US have already returned to Nigeria due to the issue. One anonymous nurse, who had been employed by a UK Trust since September 2023,…
The Nigerian National Petroleum Company Limited (NNPC Ltd) on Thursday said it is not yet in its full market pricing of petrol. The Executive Vice President, Downstream of the NNPC Ltd, Segun Adedapo, disclosed this while speaking on the ARISE TV morning show on Thursday. “We are not at our full market pricing of Premium Motor Spirit (PMS) yet, and that’s why the behaviour of PMS pricing in Nigeria cannot be compared to those markets where the prices are fully market-based,” he said. In recent months, fuel scarcity hit major cities across Nigeria, with attendant effects on businesses and households.…
PRESS RELEASE The Christian Association of Nigeria (CAN) officially confirms the selection of Chris Olufunmilola Okunowo and Morenikeji Okunowo as the new Asiwaju Onigbagbo Akile Ijebu and YEYE Asiwaju Onigbagbo Akile Ijebu respectively. Their selection and confirmation to the prestigious titles are subsequent to their proven track records in diverse areas of service to the Christian Community in Ijebuland and beyond. No doubt, the distinguished couple possesses the qualities and traits required to hold these esteemed positions in the Christian Community of Ijebu land. Moreover, their interpersonal relationship beyond border, leadership prowess and dedication have consistently played significant roles at…
The ongoing petrol scarcity in Nigeria has escalated with sharp increases in fuel prices, creating widespread disruptions in Lagos, Abuja, and other major cities. On September 3, 2024, the Nigerian National Petroleum Company Limited (NNPCL) adjusted the price of Premium Motor Spirit (PMS) to N855 per litre in Lagos and N897 in Abuja. The price hike has been accompanied by severe shortages, forcing motorists to queue for hours at the few operational filling stations, further straining daily activities. Across the country, transportation costs have surged by over 50%, aggravating the economic burden on citizens. In Abuja, Lagos, and other urban…
Oil marketers are awaiting the price of Premium Motor Spirit, popularly called petrol, produced by the Dangote Petroleum Refinery, following the announcement by the plant that only the Nigerian National Petroleum Company Limited will lift the product from the refinery at the moment. PMS was officially launched on Tuesday by the $20bn plant located in Lekki Free Trade Zone in Lagos. The President of Dangote Group, Aliko Dangote, announced that the 650,000-capacity oil refinery had commenced petrol production. But dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria stated that they had yet to receive any notice…
The Incorporated Trustees of Computer Village Market Traders and Stakeholders Joint Management, representing a coalition of market associations within the Computer Village, Ikeja, have issued a cease and desist notice to the Iyaloja-General of Lagos, Mrs. Folasade Tinubu-Ojo, over an alleged imposition of levies on the market. The notice dated August 28, 2024, a copy of which was seen by Nairametrics, was formally served by Falana and Falana’s Chambers on behalf of the association. The legal notice addresses multiple grievances that the traders have against Tinubu-Ojo, who is President Bola Tinubu’s daughter, particularly her alleged involvement in the unlawful collection…
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