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December 19, 2024 Christmas: Dangote Reduces Petrol Price to ₦899 Per Litre

Christmas: Dangote Reduces Petrol Price to ₦899 Per Litre

The Dangote Petroleum Refinery has announced a price reduction of its petrol to ₦899.50 per litre as part of efforts to ease transportation costs for Nigerians during the Christmas and New Year holiday season. This initiative, the company says, is designed to provide relief for consumers amid the festive period.

In a statement, the refinery’s spokesperson, Anthony Chiejina, revealed that consumers purchasing petrol on a cash basis would also have the option to buy an additional litre on credit, supported by a bank guarantee from Access Bank, First Bank, or Zenith Bank.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at ₦899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

This marks the second price reduction by the privately-owned refinery in recent months, following a cut to ₦970 per litre in November.

The refinery, with a capacity of 650,000 barrels per day, expressed gratitude to Nigerians for their continued support during the festive season. Chiejina reaffirmed the company’s commitment to providing premium-quality petroleum products at competitive prices that are both environmentally and engine-friendly.

He further noted that the refinery’s operations signify a turning point in Nigeria’s petroleum sector, as the country moves away from reliance on substandard and blended imported products that pose significant risks to health, machinery, and the environment. This initiative reflects the company’s dedication to ensuring Nigerians have access to high-quality fuel during a crucial time of the year.

December 18, 2024 Tragedy Strikes: Several Children Feared Dead in Ibadan Carnival Stampede

Tragedy Strikes: Several Children Feared Dead in Ibadan Carnival Stampede

A tragic stampede at a carnival in the Bashorun area of Ibadan, Oyo State, has reportedly claimed the lives of many children. The incident occurred in the early hours of Wednesday, with victims rushed to various hospitals across the city.

The exact number of casualties remains unconfirmed at the time of this report. However, sources indicate that the stampede happened as a crowd tried to gain entry to the venue of a private children's fun fair scheduled for Wednesday. Some parents had arrived with their children as early as Tuesday, leading to a chaotic scene.

Efforts to get a response from the Public Relations Officer of the Oyo State Police Command, Adewale Osifeso, were unsuccessful. However, the Oyo State Government has confirmed the incident through a statement by the Commissioner for Information and Orientation, Dotun Oyelade.

According to Oyelade, the stampede led to the loss of several lives, mostly children, while others sustained injuries. He added that the state government mobilized a rapid response team to address the situation, and victims were transported to hospitals for urgent medical attention.

Parents seeking information about their children have been directed to visit the following medical facilities with valid identification:

  • Patnas Hospital, Basorun
  • Western Hospital, Basorun
  • Ringroad State Hospital
  • Molly Specialist Hospital
  • University College Hospital (UCH)

The Oyo State Government has urged the public to remain calm as authorities work to manage the situation and assist affected families.

December 18, 2024 President Tinubu Submits N47.9tn 2025 Budget Proposal to National Assembly

President Tinubu Submits N47.9tn 2025 Budget Proposal to National Assembly

President Bola Tinubu has presented the 2025 budget proposal of N47.9 trillion to a joint session of the National Assembly. Lawmakers from the House of Representatives and the Senate convened on Wednesday to receive the President's second budget submission since taking office.

The President was accompanied by the Secretary to the Government of the Federation, George Akume; the Chief of Staff, Femi Gbajabiamila; and other top government officials. The presentation, initially scheduled for Tuesday, was rescheduled to Wednesday following a Federal Executive Council (FEC) meeting on Monday at the Presidential Villa in Abuja. During the meeting, the FEC approved the proposed budget for the upcoming fiscal year.

The Minister of Budget and National Planning, Atiku Bagudu, highlighted key details of the 2025 budget proposal. The expenditure is projected at ₦47.96 trillion, representing a 36.8% increase compared to the 2024 budget. The 2025 Appropriation Bill is based on an oil price benchmark of $75 per barrel, daily oil production of 2.06 million barrels, and an exchange rate of ₦1,400 to the dollar.

The budget presentation underscores the administration’s commitment to addressing economic challenges and setting the country on a sustainable development path.

December 18, 2024 Soludo: Nnamdi Kanu’s Release Won’t Be a Solution for South East Insecurity

Soludo: Nnamdi Kanu’s Release Won’t Be a Solution for South East Insecurity

The Governor of Anambra State, Prof. Chukwuma Soludo, expressed doubts on Tuesday about the potential for the release of the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, to end the ongoing insecurity in the South-East region. He argued that criminals had taken over the Biafran struggle, using Kanu's name and the movement’s cause to carry out organized crime and exacerbate insecurity in the region.

Soludo pointed out that under the guise of agitation, these individuals had shifted to what he called "lucrative criminality," engaging in activities such as armed robbery, kidnapping, cultism, and idolatry. He emphasized that these actions were not part of a legitimate liberation movement but were driven by greed and lawlessness.

During a press briefing at the Governor’s Lodge in Amawbia, Soludo revealed that over 99 percent of criminals arrested in Anambra in the past two years were of Igbo descent, with more than 70 percent being non-indigenes of the state. He stated that the so-called agitators had turned into organized criminal gangs, hiding in forests and kidnapping innocent people for ransom while justifying their actions under the pretext of Biafra. Soludo insisted that these activities were unrelated to the original cause of liberation, explaining that the criminals were motivated by money, not the pursuit of freedom.

Soludo also doubted that Kanu's release would resolve the crisis, as the criminals had seemingly severed any ties to the original agitation. He pointed out that even if Kanu were released, these individuals might not follow him, as their new pursuit was wealth rather than liberation. He questioned the motives of those who kidnapped and killed their own people while claiming to fight for their freedom.

The governor further criticized the complicity of some local communities in supporting these criminals, noting that insecurity persisted because some viewed security agencies as the enemy and the criminals as liberators. He highlighted the troubling reality that in some areas, locals provided food and shelter to criminals hiding in forests. Soludo questioned how the region could effectively tackle insecurity when the perpetrators were seen as heroes by some.

To combat the situation, Soludo announced the launch of ‘Operation Udo Ga Chi’ (Operation Peace Shall Reign), a statewide security initiative set to begin after January 25. The operation would involve 163 branded vehicles for stop-and-search activities, as well as advanced surveillance technology to track criminals and secure the forests. Soludo mentioned that security efforts would include both kinetic and non-kinetic approaches, and forest guards would work with vigilantes and local government authorities to reclaim the forests from criminal elements. He also urged criminals to take advantage of the amnesty offer, which remains open until the end of February.

Soludo called for collective action in tackling the insecurity crisis, urging religious leaders, traditional rulers, and residents to take ownership of their communities and collaborate with security agencies. He emphasized that insecurity must be confronted as a united front and encouraged people to report any suspicious activity. Soludo reiterated his commitment to ensuring lasting peace and security in Anambra, expressing gratitude to the federal government and security agencies for their support in the fight against crime.

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