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Fuel Price Hike Looms As Marketers React To Port Harcourt Refinery Test Result

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Fuel Price Hike Looms As Marketers React To Port Harcourt Refinery Test Result

The information was shared during a briefing in Abuja, where it was revealed that the refinery is presently undergoing trial runs and will soon commence the distribution of refined petroleum products in the market…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

 

 

 

Oil marketers have expressed concerns about the potential impact of the naira’s depreciation against the US dollar on fuel prices, especially with the current exchange rate standing at approximately N1,450 to a dollar.

The Nigerian National Petroleum Company Limited’s ability to sustain the supply of Premium Motor Spirit (petrol) at current rates under these circumstances has raised uncertainties among industry stakeholders.

However, the Minister of State for Petroleum Resources, Heineken Lokpobiri, addressed these worries during an event in the capital. He informed journalists that the Port Harcourt refinery is in the final stages of its trial-run phase. This announcement follows the Federal Government’s previous statement on December 21, 2023, declaring the mechanical completion of the rehabilitation work on the refinery’s Area-5 Plant.

The government had also announced the completion of the first phase of the plant, with expectations to commence refining 60,000 barrels of crude oil daily after the Christmas break.

Despite the delay, the latest update from the Ministry of Petroleum Resources indicates progress towards the refinery’s full operationalization.

This development is eagerly awaited by industry stakeholders and the Nigerian populace, as it promises to enhance domestic refining capacity, reduce dependence on imported petroleum products, and potentially stabilize fuel prices amidst fluctuating global oil prices and exchange rates.

When asked about the status of the facility on Wednesday, Lokpobiri replied, “The mechanical aspect of the Port Harcourt refinery has been completed, and they are still test-running. Yesterday the MD of the refinery was here because I had to ask him what was going on.

“These were projects that are very fundamental to our survival economically, and I believe that very soon products will start coming from there. But there are several components in that gigantic structure that will take time mechanically to finalize for products to start coming.

“Recall that the Dangote refinery was commissioned by the Buhari administration but they haven’t started releasing products because it takes time. So I believe that the Port Harcourt refinery will soon come, and the Warri refinery is in top gear.”

The minister further stated that “if you ask me, in the next few months, we would have tremendously increased our refining capacity. I was reading a report that if we refine our products here, we will get 18 times more in terms of value addition.

“So I believe that very soon the Port Harcourt refinery and the other refineries will all come on stream. This is together with our programme on modular refineries where we are giving some people 5,000 barrels, 10,000 barrels, and 30,000 barrels.”

He noted that with the summation of all these, Nigeria would be able to solve its energy needs and also supply refined products to West Africa.

On the cost of PMS, going by the crash of the naira against the dollar, the National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, in a chat with Punch stated that the price of the commodity might rise.

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Nigerian Soldier Shares Hilarious Experience Dating Shuwa Arab Woman In Maiduguri.

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A Nigerian soldier, Adediwuraola Ishola, has recounted a humorous experience he had while dating a Shuwa Arab woman named Falmata in Maiduguri, Borno State.....KINDLY READ THE FULL STORY HERE▶

According to Ishola, his girlfriend had a habit of carrying a small knife whenever she visited him, leaving him curious about why she always had the weapon with her.

Initially, the soldier assumed she carried the knife for self-defence, considering the security challenges in the region. However, his perception changed after he jokingly asked her about it and received an unexpected response.

Falmata reportedly told him that he would discover the knife’s purpose if he ever attempted to end their relationship.

Sharing the story in a Facebook post on Friday, Ishola recalled how the incident made him reconsider his romantic relationship.

“As a soldier, I discovered something in Maiduguri that still makes me laugh whenever I remember it,” he wrote.

He continued:

“I was dating Falmata, a beautiful Shuwa lady.

“She would visit me regularly and somehow, she’s always with a small knife.

“At first, I assumed it was for self-defence because of the insecurity in Maiduguri.

“One day, I jokingly asked her, ‘Falmata, why do you always carry this knife?’

“She said, ‘Try breaking up with me and you will understand.’ Breaking up with you ke? I no dey mad!”

The soldier added that his girlfriend’s response prompted him to make a quick decision.

“That same week, I quickly applied for a course in Lagos. My love for Falmata was strong, but my love for life was stronger,” he added.

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Tragedy In Edo As Police Arrest 21-Year-Old Man Over Murder Of Girlfriend He Met Online.

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The Edo State Police Command has arrested a 21-year-old man, identified as Michael Samuel, over the alleged murder of his girlfriend, whom he reportedly met through social media.....KINDLY READ THE FULL STORY HERE▶

The state Commissioner of Police, Patrick Daaor, disclosed that the suspect and the deceased initially connected online and developed a friendship after communicating for several months.

According to Daaor, Samuel later invited the woman to his residence in the Ahor area of Benin City, where he allegedly stabbed her to death with a knife.

The police commissioner stated that the suspect had been taken into custody and would be charged in court after investigations were concluded.

However, Samuel has offered a different account of the incident, claiming that the woman was injured during a struggle over a knife following an argument between them.

Speaking in an interview, the 21-year-old insisted that he did not intend to kill her.

“I didn’t mean to kill her, but she got injured in the process of struggling with her for the knife during an argument,” he said.

The suspect explained that he had met the woman on social media and that their friendship developed over several months of online conversations before she decided to visit him.

He said they were initially having a discussion at his residence, but the conversation eventually escalated into an argument.

“On the day she came to my house, we were discussing, but the discussion snowballed into an argument. In the process, she picked up a knife and intended to stab me,” he claimed.

Samuel further alleged that the woman sustained an injury to her neck while they were struggling over the knife.

He maintained that he attempted to save her after she was injured but was unable to prevent her death.

“I didn’t mean to kill her. I tried to save her after she was injured, but she died,” he said.

The police are expected to conclude their investigation before proceeding with the case in court.

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Kano Hisbah Arrests Popular TikToker, Two Other Women Over ‘Immoral’ Dance Videos.

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The Kano State Hisbah Board has arrested popular TikTok creator Amani Ishaq and two other women over allegations of sharing social media videos deemed contrary to Islamic teachings and moral standards.....KINDLY READ THE FULL STORY HERE▶

The board’s Deputy Commander, Dr Mujahid Aminuddeen, confirmed the arrests in a statement issued on Saturday, October 24, 2026.

The other women arrested alongside Ishaq were identified as Hauwa Khamis and Sa’adatu Muhammad.

According to the statement, the three suspects were brought before Magistrate Court No. 5 on Court Road in Kano.

The Hisbah Board disclosed that the case remains ongoing, with investigations continuing to determine the next steps.

The board specifically accused Ishaq of posting dance videos on TikTok that allegedly contradicted the principles of proper upbringing and the teachings of Islam.

It said the content was considered offensive to public morality and inconsistent with the religious and social values the agency seeks to uphold in Kano State.

The arrests form part of the Hisbah Board’s ongoing enforcement of moral and religious regulations, particularly concerning online content it considers obscene or contrary to Islamic teachings.

In a related development, the board had earlier arrested another TikTok content creator over alleged obscene videos after receiving intelligence that he had entered Kano State.

The Deputy Commander-General said the individual was taken into custody and that investigations into the matter were continuing.

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