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NNPCL In Debt: IPMAN States Owing Amount Reaches Almost ₦15bn
NNPCL In Debt: IPMAN States Owing Amount Reaches Almost ₦15bn. The Independent Petroleum Marketers Association of Nigeria (IPMAN) claims that the Nigerian National Petroleum Company Limited (NNPCL) owes them “nearly N15 billion.”....KINDLY READ THE FULL STORY HERE▶
According to IPMAN’s National President, Abubakar Garima, during an appearance on Channels Television’s Sunrise Daily on Thursday, “Currently, they owe us almost N15 billion.”
“Our funds have been with the NNPCL for nearly three months now. They can either sell us the product at the same rate they acquire it from Dangote Refinery or refund us so that we can purchase directly from Dangote,” Garima stated.
He further explained, “We (IPMAN) have not loaded a single truck since NNPCL raised its pump prices. Our money is already with NNPCL, which has failed to provide us with the product we paid for and is now demanding that we cover the price difference.”
His remarks came shortly after NNPCL adjusted fuel prices at its retail outlets in Lagos and Abuja. In Lagos, NNPCL outlets now sell a litre of petrol for ₦998, an increase of ₦150 from the previous price of ₦855. In Abuja, the price per litre rose to ₦1,030 from ₦897, with some stations in Lagos charging as high as ₦1,050.
IPMAN noted that this price increase reflects the full deregulation of the sector. “We recognize that this is not merely a price hike but rather a removal of the subsidy—deregulation is now fully underway,” he commented.
Garima expressed optimism about fuel availability, saying, “With the removal of subsidies, we anticipate better availability of the product. The NNPC is not the only importer; other marketers will also be involved. They will buy products directly from Dangote Refinery, not just the NNPC.”
British promoter Frank Warren has revealed that Anthony Joshua has not yet signed the agreement for his anticipated heavyweight showdown against Tyson Fury, even though Fury finalized his end of the paperwork back in January.....KINDLY READ THE FULL STORY HERE▶
Warren emphasized that these conflicting agreements must be revised before the contest can proceed, placing the responsibility on Joshua’s representatives to sort out the remaining hurdles. Noting that he does not personally manage the paperwork, Warren remarked that the financiers driving the event hold the ultimate leverage regarding deadlines. According to Warren, Fury signed off on the bout back in January when it was originally slated for September, maintaining an indifferent stance on the geographic location as long as the fight happens. The timeline shifted following an accident involving Joshua, and subsequent adjustments were made after Joshua’s return to the ring and a December event featuring Jake Paul. With the target date shifted to November, the core issue remains a discrepancy across documents, where individual agreements and television contracts specify conflicting venues.
The political landscape in Kano State is facing a potential upheaval, as key allies and associates of Nasiru Gawuna, the recent Kano Central senatorial candidate for the National Democratic Congress (NDC), are reportedly finalizing plans to defect to the All Progressives Congress (APC).....KINDLY READ THE FULL STORY HERE▶
This significant political realignment gained traction on Tuesday night when a high-level delegation from Gawuna’s camp met with Kano State Governor Abba Yusuf and Deputy Governor Murtala Garo. The meeting served as a strategic consultation regarding their political trajectory, where these senior NDC figures and Gawuna loyalists formally declared their support for the current administration and expressed a desire to collaborate on state development initiatives.
Nasiru Gawuna, the former Deputy Governor under Abdullahi Ganduje, was the APC’s gubernatorial flagbearer in the highly contentious 2023 election, ultimately losing to Governor Yusuf, who ran on the New Nigeria Peoples Party (NNPP) platform.
The delegation visiting the governor was led by Muhammad Umar, a close associate of Gawuna. Key attendees included Ali Datti Yako, the Kano State Vice Chairman of the NDC, along with Mansur Gawuna, Uba Mijinyawa (Uba Danzainab), Aminu Faruk, Sani Jibrin, Salisu Muhammad, Musa Indabo, Muhammad Bala, Hassan Abdullahi, and Abdurrahman Muhammad. Governor Yusuf’s spokesman, Sunusi Tofa, confirmed that the meeting took place.
During the visit, Umar emphasized that the group’s consultations are motivated by a commitment to the state’s advancement. “We are here because of our passion for the development and progress of Kano State,” he stated. “Our interest is in anything that will move Kano forward and improve the lives of its people… We believe that by working together, we can support initiatives that will benefit the people of the state.”
Echoing these sentiments, NDC State Vice Chairman Yako lauded the Yusuf administration’s performance. “Everyone knows that Governor Yusuf is working tirelessly to transform Kano State,” Yako remarked. “We are here to express our solidarity with the governor and his deputy and to support the progress being made in Kano. We believe in initiatives that will bring development and progress to our people.”
Afrobeats icon David Adeleke, widely known as Davido, has publicly lashed out at rapper Erhiga Agarivbie, better known as Erigga, following a heated online dispute regarding the credit given to artists from different socio-economic backgrounds.....KINDLY READ THE FULL STORY HERE▶
The conflict began when Erigga took to the social media platform X to salute musicians who achieved success without generational wealth, stating, “Shoutout to all the musicians who don’t come from family money and had to grind for every single dollar they earn.”
Davido took issue with the post, firing back with a heated retort. He argued that artists born into wealthy families who still put in the work to reach the top of the industry also deserve respect, and that having financial advantages does not negate an individual’s personal effort.
Davido’s strongly worded response read: “No be we say make your pops no guard o. Shoutout to the ones that came from family money and still grind to the top. Comot here with that your useless motivation … imbecile. No worry o, I go soon leave their music for una. GO MAKE MY BILLIONS … then that shit gonna be boring AF. Deep down who like poverty? Nonsense.”
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