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Aliko Dangote Unveils New Petrol Pricing Strategy as Dangote Refinery Begins Operations
Aliko Dangote Unveils New Petrol Pricing Strategy as Dangote Refinery Begins Operations....KINDLY READ THE FULL STORY HERE▶
Business mogul Aliko Dangote announced on Tuesday that the Federal Executive Council is developing a new pricing arrangement for petrol produced at the Dangote Refinery. This comes as the 650,000-barrel-per-day facility officially launched its refined petrol, with plans for the product to be available at filling stations within the next 48 hours, depending on national logistics.
While addressing the retail price of the new petrol, Dangote stated, “It is an arrangement which is designed and approved by the Federal Executive Council led by His Excellency, President Bola Ahmed Tinubu.” He emphasized the urgency of finalizing this arrangement, noting that President Tinubu is actively pushing for its completion. “Once we finish with NNPC, it can be today, it can be tomorrow; we are ready to roll into the market,” he added.
In a strategic move to stabilize petrol prices, President Tinubu previously approved the sale of crude oil to the Dangote Refinery in naira. This initiative aims to reduce the cost of domestically refined petroleum products and, according to Dangote, is expected to lower the demand for foreign exchange by 40%.
Dangote expressed gratitude towards the Nigerian people and the government, stating, “I want to salute the people of Nigeria and the government of President Bola Tinubu for creating the environment for us to thrive and also achieve this monumental goal of providing energy to our people for growth and prosperity.” He highlighted the significance of the Naira-for-crude initiative, explaining that it would bring greater stability to the Naira and significantly reduce the reliance on dollars for transactions.
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2027 Power Struggle: Nwebonyi Rubbishes Rumors Of Single-Term Zoning For Ebonyi North.
Senator Onyekachi Nwebonyi, the Deputy Chief Whip of the Senate, has rejected assertions that he is breaching a zoning agreement that would supposedly limit Ebonyi North senators to one term. Addressing claims from his APGA challenger, Chief Chikadoli Ojimba, who recently called for him to step down, Senator Nwebonyi stated there is no constitutional or political mandate requiring him to abandon his 2027 reelection bid.....KINDLY READ THE FULL STORY HERE▶
Speaking to the press in Abakaliki on Sunday, the Senator pointed to the precedent set by former Governor Sam Egwu, who successfully served two terms in the Senate, to argue that the alleged one-term policy lacks binding authority. Highlighting his own constituency initiatives and record, Nwebonyi stated he faces no serious competition for his seat and emphasized that public service should be defined by sacrifice rather than personal gain.
Additionally, the Senator expressed strong support for the APC’s prospects in Ebonyi State and lauded President Bola Tinubu for prioritizing infrastructure development in the South-East. He further praised Governor Francis Nwifuru as a unifying leader, dismissing rumors of friction within the Izzi clan and calling on stakeholders to prioritize the state’s collective development over divisive politics.
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High-Stakes Rescue Mission: Tinubu Dispatches Security Chiefs And CoS To Oyo Over Mass Abduction.
Following the kidnapping of 46 teachers and pupils from Baptist Nursery and Primary schools in Oyo State, a high-level presidential delegation has arrived in Ogbomoso. The officials are currently en route to the affected villages of Esiele and Yawota, located within the Orire Local Government Area.....KINDLY READ THE FULL STORY HERE▶
The mission is headed by Chief of Staff Femi Gbajabiamila, National Security Adviser Mallam Nuhu Ribadu, and Inspector General of Police Tunde Disu. The team also includes Minister of Defence General Christopher Musa, Minister of Power Joseph Tegbe, and Special Adviser on Public Communications Sunday Dare. According to Sunday Dare, President Tinubu has initiated coordinated operations to ensure the victims are safely released and the kidnappers are apprehended.
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London Turns Red: Arsenal Fans And Players Party Through The Night Despite European Exit [Photos].
On Sunday, May 31, 2026, thousands of Arsenal fans flooded the streets of north London to celebrate the club’s first Premier League title since 2004, successfully shifting the focus from their Champions League final loss the previous day. Adorned in red and white, supporters lined the route through Islington, waving flags and lighting flares as an open-top bus parade moved through the area.....KINDLY READ THE FULL STORY HERE▶
The festivities, which began after 2 p.m. at the Emirates Stadium, wound through Highbury, Canonbury, and Upper Street before concluding back at the stadium. This parade honored a league victory confirmed on May 19, ending a 22-year championship drought. During the event, fans were seen climbing trees and rooftops to see Mikel Arteta’s squad as the players showcased the Premier League trophy. The procession included four buses, one of which carried the Arsenal Women’s team, winners of the inaugural Women’s Champions Cup this past February.
This celebration followed a heartbreaking 1-1 draw against Paris Saint-Germain in the Champions League final in Budapest on Saturday, where Arsenal ultimately fell in a penalty shootout after misses by Eberechi Eze and Gabriel Magalhaes. Despite the European defeat, the Premier League title held immense significance for the team, coming after three consecutive seasons as runners-up. Reflecting on the massive turnout, journalist Matt Graveling described the celebration as the largest sporting event he had witnessed in his 15-year career.
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