Crude Price Surge: Importers, Depots Hike PMS to N940, Dangote Maintains at N825/L

The volatility of crude oil prices in the international market has harmed Nigeria’s downstream oil sector, with importers and depot operators raising petrol prices to between N905 and N940 per litre. In contrast, Dangote Petroleum Refinery has maintained its ex-depot price at N825 per litre.

According to data gathered, Rainoil increased its price to N920 from N850 per litre, while Fynefield and Mainland raised their ex-depot prices to N930 and N920, respectively, an increase of N50 and N10.

Additional pricing data showed Sigmund selling at N920 per litre, Matrix Warri at N910, and NIPCO rising sharply to N920 from N827 the previous week. Aiteo was reported to be selling petrol at N920 per litre.

Further increases were recorded as Swift Oil moved to N920, Emadeb and Wosbab to N910, and First Royal to N905. Pinnacle made the most significant adjustment, now selling at N940 per litre.

These price hikes follow sustained gains in global crude oil markets, with Brent crude trading at $75.63 and West Texas Intermediate (WTI) at $74.03 per barrel, amid ongoing geopolitical tensions in the Middle East.

ON PETER OBI’S PENCHANT FOR POLITICISING NATIONAL TRAGEDY

By: O’tega ‘The Tiger’ Ogra

READ: https://x.com/otegaogra/status/1935985790611267746?s=48&t=-WT1A6V3jj52Bil8fk9JSg

Without mincing words, it is regrettable that a former presidential candidate and ex-governor, PGO, whose own so-called ‘leadership’ record is permanently stained by one of Nigeria’s darkest chapters of police brutality under the disbanded Akwuzu SARS. This police unit was killed on sight in Anambra under the guise of Mr Obi’s infamous pronouncement. A man who presided over the systematic suppression and marginalisation of minorities, be they political, religious, and/or ethnic, and who once aligned with those who sought to undermine Nigeria’s democracy during the dark military years. This same individual now seeks to lecture others on leadership and politicise a tragedy. Shame.

The tragedy in Benue (another one in a long list of decades-long skirmishes that continue to burden that region) is deeply painful and saddens all genuine Nigerians and Mr President is giving it all the attention and seriousness it deserves.

As we speak, the Chief of Army Staff has relocated to the affected zone on the directive of his commander-in-chief. Internal security apparatus and intelligence agencies have been fully activated and deployed. Mr President has given marching orders to his NATSEC apparatus, and he has also advised the Chief Executive of the State on what to do.

President Bola Tinubu visited Benue on Wednesday, and has remained in constant briefings and debriefings with security chiefs, the Governor of Benue, and other critical stakeholders.

As a former chief executive of a state, sir, you should know that security incidents differ in context, complexity, and causes. Each is, and must always be addressed with the urgency and discretion it deserves.

As President @officialABAT said, ‘Enough is now enough’. We cannot continue to politicise human suffering or perform grief for applause. What happened in Benue is a national tragedy. Lives were lost. President Tinubu is fully committed to ensuring accountability, justice, and a long-term resolution to the root causes of violence in that region, God-willing.

In cases like this, it would be wise to be more circumspect, empathise with the victims of the tragedy, or, better still, heed the counsel of sages across history that, “you do not preach in white nor play politics with the tragedy and pain of others especially your record is written in lies and blood.”

Please show leadership in your conduct, sir.

P.S.: A couple of years ago, President Tinubu famously advised then President Jonathan that the ‘bulk’ (not ‘buck’ in this instance but ‘bulk’ as in most of the work) stops on his table concerning National Security. That opinion has not changed hence his application of all necessary means from intelligence to internal security, stakeholder engagement amongst others in finding a solution to this perennial crisis

Nigeria will succeed — Otega ‘The Tiger’ Ogra

P.S.: All views expressed above are personal and entirely mine and do not reflect an official position of the government.

Niger State Government Welcomes Buratai Foundation Aid for Flood Survivors

The Niger State Government in north Central Nigeria has welcomed officials from the TY Buratai Humanity Care Foundation and Tukur and Tukur Foundation, on a condolence visit to the state following the recent tragic flooding in Mokwa.

The foundation, owned by former Chief of Army Staff, His Excellency Amb Lt General Tukur Yusufu Buratai CFR (Rtd), has initiated a medical outreach program to aid the affected communities across the country.

During the visit, the Permanent Secretary in the Ministry of Secondary and Tertiary Health, Dr Abdullahi Imam, expressed the state government’s appreciation for the foundation’s commitment to aiding recovery efforts.

The timeliness of the Foundation’s assistance during this challenging period is highly appreciated,” said Dr Imam, highlighting the vital role of timely health interventions in post-disaster recovery.

The Niger State Government, the TY Buratai Humanity Care Foundation, and Tukur and Tukur Foundation have pledged to work collaboratively to restore health and wellness in the flood-affected Mokwa community.

Officials of the foundation were warmly received by the state government, which acknowledged the importance of their support in responding to the humanitarian needs of displaced and affected residents.

Following the engagement in Minna, the foundation’s delegation proceeded directly to Mokwa to commence immediate medical interventions, prioritizing urgent healthcare for those impacted by the flooding.

According to Nana Fateema Mohammed and Muhammad S. Abubakar, Information Officers with the Ministries of Primary and Secondary Healthcare, the support has been met with heartfelt gratitude.

“Nigerlites express deep appreciation for the compassion and actionable support shown by the TY Buratai Humanity Care Foundation and Tukur and Tukur Foundation as communities rally to rebuild and recover,” they said in a joint statement.

Dr Imam echoed the sentiment, reiterating, “We express deep appreciation for the compassion and actionable support shown by the TY Buratai Humanity Care Foundation and Tukur and Tukur Foundation.”

The outreach is part of a wider effort by the foundations to deliver humanitarian and healthcare services to vulnerable populations across Nigeria, particularly in times of crisis.