BUSINESS
Filling Stations Adjust Pump Prices, Sell Petrol At N162 [SEE PHOTOS]
Less than 24 hours after the increase in the ex-depot price of Premium Motor Spirit (petrol) was announced, some filling stations in Lagos and Ogun states have adjusted their pump prices, selling the product at between N150 and N162 per litre. Our correspondent, who visited several filling stations along the Lagos-Ibadan Expressway, observed that Fatgbems sold a litre of petrol...
Marketers Adjust Pumps As Fuel Price Hits N617/litre
The pump price of Premium Motor Spirit, popularly called petrol, was raised from N537/litre to N617/litre at some filling stations operated by the Nigerian National Petroleum Company Limited in Abuja on Tuesday. Independent oil marketers confirmed the increase in the cost of the commodity, as they stated that any shift in price by NNPCL stations was an indication of a...
How Orji Kalu’s N3m Loan Revived My Hope, Made Me A Millionaire — Chijioke Mba
Interest-free loans disbursed to Nigerians by the Senator representing Abia North, Dr. Orji Uzor Kalu through his foundation, Orji Uzor Kalu Foundation is yielding good fruits as a recipient tells his story. Chijioke Mba, a native of Ohafia in Abia North Senatorial zone, but resides in Aba, said that the Orji Uzor Kalu’s loan has benefited his business. Mba said he...
FG Fixes December 2024 Deadline For Completion Of Rehabilitation Work In Kaduna Refinery
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited will be back on stream by the end of 2024. This was disclosed in a statement posted on the official X handle of the Nigerian National Petroleum Company Limited on Saturday. According to the statement, Lokpobiri...
I Live In A Rented Apartment In Abuja – Dangote
Mr Aliko Dangote, Africa’s richest man has said the house he stays whenever he is in Nigeria’s capital city is not his personal property. During a media parley at the Dangote Petroleum Refinery, Ibeju-Lekki, Lagos State, on Sunday, Dangote said his passion for an industrialized Nigeria is the sole reason he doesn’t have houses outside Nigeria. He revealed that he once...
It’s Not A Sin To Borrow – Buhari’s Aide, Garba Shehu
President Muhammadu Buhari’s Senior Special Assistant on Media, Garba Shehu, while speaking with journalists at the weekend in Abuja, also said that it was not wrong for the federal government to borrow more money to finance infrastructure in the country. “It is not a scandal to borrow, the bad thing about borrowing is when you deployed it to your pocket....
MAN, RMRDC Call For Tech-Driven Solutions To Strengthen Local Manufacturing
The upcoming 2025 Nigeria Manufacturing and Equipment (NME) Expo, held alongside the Nigerian Raw Materials (NIRAM) Expo, will spotlight the adoption of indigenous technology to strengthen local manufacturing and support the Federal Government’s ‘Nigeria First’ policy. Jointly organised by the Manufacturers Association of Nigeria (MAN) and the Raw Materials Research and Development Council (RMRDC), this year’s event is themed “Accelerating...
Lagos Govt To Demolish Distressed Buildings In Alaba International Market
The Lagos State Government on Friday began the process toward the removal of distressed buildings in the Alaba International Market in Ojo Local Government of the state. The News Agency of Nigeria (NAN) reports that the enforcement team of the Lagos State Building Control Agency (LASBCA) and the Lagos State Task Force embarked on the joint exercise. The team which went...
International Oil Companies Plotting Failure Of Our Refinery, Dangote Alleges
The Vice President, Oil and Gas, at Dangote Industries Limited, Devakumar Edwin, has accused International Oil Companies, IOCs, in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. He said the IOCs were deliberately and wilfully frustrating the refinery’s efforts to buy local crude by jerking up high premium price above the market price, thereby...
200 Beneficiaries Emerge As Rep. Onuigbo Flags Off Empowerment Scheme (Photos)
In a bid to curb unemployment in his constituency the Honourable member representing Ikwuano/Umuahia Federal Constituency of Abia State, Hon. Sam Onuigbo on Thursday flagged off empowerment scheme for the people of the constituency in a bid to reduce the level of unemployment. The empowerment scheme is in collaboration with National Institute for Cultural Orientation, NICO. The five-day Strategic Training/Empowerment...
