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Dangote Declares Petrol Price Slashed To ₦739/Litre, Promises Crackdown On Overpricing.
According to industry reports, Aliko Dangote, President of the Dangote Group, has confirmed that petrol will begin selling at ₦739 per litre starting Tuesday, initially at MRS Oil and Gas stations. Speaking at the Lekki-based Dangote Petroleum Refinery during a press briefing, Dangote assured Nigerians that the recent reduction in petrol prices would be fully implemented and accessible nationwide.....KINDLY READ THE FULL STORY HERE▶
Dangote explained that while the gantry price has been lowered to ₦699 per litre, including regulatory fees, some filling stations have been keeping pump prices high, undermining efforts to make fuel more affordable. He claimed certain officials encouraged marketers to maintain inflated prices, but emphasized that such practices would no longer persist.
The businessman encouraged bulk buyers to take advantage of the ₦699 price and confirmed that members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have been engaged to ensure nationwide compliance.
Dangote further vowed that his refinery would deploy all available resources to reduce petrol prices across the country, insisting that Nigerians should not pay more than ₦740 per litre during December and January. He questioned the justification for petrol being sold at ₦900 per litre, noting that transportation costs from the refinery are minimal and that the refinery is not making excessive profits.
He also criticized the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for issuing numerous import licenses for the first quarter of 2026, arguing that such actions discourage local refining investments. Dangote dismissed monopoly claims, noting that no restrictions prevent others from establishing local refineries, and lamented the struggling state of most modular refineries in the country.
As of the time of filing this report, the NMDPRA had not issued an official response regarding Dangote’s announcement.
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Voter Disillusionment: Archbishop Emeritus of Abuja, John Cardinal Onaiyekan, has cautioned that widespread public belief in a predetermined electoral outcome could lead to severe voter apathy in the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
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Call for Credibility: Speaking on Eagle 102.5 FM, the cleric emphasized that genuine democracy relies entirely on free, fair, and credible polls, warning that flawed processes ultimately yield poor governance and public hardship.
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Institutional Reforms: Onaiyekan stressed the need for systemic improvements—including electoral law reforms and a transparent process for appointing electoral commission leadership—while also highlighting the critical role of security agency neutrality during voting.
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The Explanation: Benue State Deputy Governor Sam Ode has cleared the air regarding his viral outreach in the Idoma community, explaining that handing out bread (“Alia Bread”) and beverages in Igumale was simply a traditional gesture of goodwill and appreciation to welcoming residents, rather than a political stunt.....KINDLY READ THE FULL STORY HERE▶
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Context of the Visit: Speaking at the Living Faith Church in Otukpo, Ode noted that receiving bread has long been a nostalgic sign of hospitality when welcoming visitors. He added that cash palliatives sent by Governor Hyacinth Alia were also distributed to the joyful crowd.
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Dismissing Criticism: Brushing aside public controversy and debate surrounding the items, the Deputy Governor urged critics to focus instead on substantive government efforts aimed at improving public welfare and security across the state.
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Framework Initiative: The Federal Government has initiated the legal and operational framework to introduce state policing in Nigeria, highlighted by a structured seven-week program aimed at drafting a comprehensive National Policing Bill for a dual federal-state structure.....KINDLY READ THE FULL STORY HERE▶
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Current Status Clarified: Speaking in Abuja, Presidential Chief of Staff and Working Group Chairman Femi Gbajabiamila emphasized that no state police services are currently operational, noting that the Nigeria Police Force remains the sole constitutionally recognized agency until the amendment process concludes.
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Legislative Progress: Gbajabiamila outlined that while the Senate passed the constitutional proposal on June 24, 2026, and the House of Representatives cleared the Executive State Police Bill on July 23, 2026, the measures still require ratification by state Houses of Assembly.
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Comprehensive Blueprint: The seven-week drafting process is designed to iron out operational details—such as funding, command structures, and safeguards against political interference—to ensure a seamless transition without compromising institutional standards.
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