latest
“I AM GOING NOWHERE!” – ADELABU DROPS BOMBSHELL ON APM RUMOURS, REAFFIRMS TOTAL LOYALTY TO APC.
Former Minister of Power and All Progressives Congress (APC) governorship aspirant in Oyo State, Adebayo Adelabu, has distanced himself from the defection of his former aide, Ajiboye Akande, who recently left the APC for the Allied Peoples Movement (APM).....KINDLY READ THE FULL STORY HERE▶
Akande had moved to the APM alongside supporters from the state’s 33 local government areas during a mega concert held at the Lekan Salami Stadium in Ibadan.
Key details of Adelabu’s official response include:
-
End of Association: Adelabu clarified through his media office that Akande no longer serves as his personal assistant, noting that their working relationship ended following disagreements over Akande’s decision to join the APM.
-
No Prior Consultation: The former minister stressed that he was neither consulted about the defection nor the political statements made during the rally, emphasizing it was an independent decision by his former aide.
-
Commitment to the APC: Adelabu firmly stated that he has no intention of leaving the ruling party, maintaining that his loyalty to President Bola Tinubu—whom he regards as his political mentor—remains absolute.
-
Call for Transparency: While reaffirming his commitment, Adelabu reiterated his call for transparency regarding the Oyo State APC governorship nomination process, demanding that official results and signed documents be made public.
-
Politics Not a Do-or-Die Affair: Adelabu noted that political office is not vital to his livelihood, highlighting that he remains actively engaged in his private businesses spanning real estate, hospitality, farming, and financial securities.
The Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that the federal government does not have the power to control or fix petrol prices because the downstream sector is fully deregulated in line with global standards.....KINDLY READ THE FULL STORY HERE▶
Speaking on Channels Television’s Politics Today, Lokpobiri explained that energy costs and pricing are driven by global market dynamics, noting that economic pressures affecting Nigerians’ purchasing power are also being felt in the United States and Europe due to international challenges like the Middle East crisis.
Key highlights from his interview include:
-
Global Commodity Pricing: Lokpobiri emphasized that oil and gas are traded globally, meaning prices in Nigeria mirror those in international markets, and production volume changes will not alter global commodity pricing.
-
No Price Control: Responding to whether the administration holds the authority to regulate pump prices, the minister clarified that the government cannot arbitrarily dictate rates without reintroducing subsidies, as the market is completely deregulated.
-
Defense of Subsidy Removal: Defending President Bola Tinubu’s inauguration-day decision to scrap the fuel subsidy, Lokpobiri argued that the timely move saved Nigeria from an economic collapse comparable to Venezuela’s.
latest
“THE REAL REASON I WENT TO ROME!” GODSWILL AKPABIO DROPS A HILARIOUS YET SHOCKING TRUTH BOMB!
Senate President Godswill Akpabio has disclosed that his recent trip to Rome, Italy, included a spiritual pilgrimage to pray for Nigeria and seek divine intervention against terrorism, banditry, and national insecurity.....KINDLY READ THE FULL STORY HERE▶
Speaking with journalists, Akpabio explained that he visited the mausoleum of Saint Padre Pio in the global center of Christianity to offer special supplications.
Key highlights from his statement include:
-
Comprehensive Prayers for Leadership: Akpabio emphasized that his prayers extended beyond President Bola Tinubu and himself to include the Vice President, the Federal Executive Council, members of the National Assembly, and all citizens.
-
Tackling National Security: He specifically focused his prayers on asking God to liberate Nigeria from the burdens of insecurity, banditry, and terrorism.
-
A Matter of Faith: Acknowledging that the spiritual journey might seem unusual to some, the Senate President stressed his firm belief in divine protection, quoting the principle that watchmen watch in vain unless God guards the house.
Major fuel depots in Lagos and other parts of the country have slashed prices for petrol and diesel, offering a glimmer of hope for motorists as global crude oil prices experience fresh declines.....KINDLY READ THE FULL STORY HERE▶
-
-
Petrol Price Adjustments in Lagos: Depots such as Ascon, Integrated, and Sahara reduced petrol prices by ₦24 per litre, dropping from ₦1,351 to ₦1,327, while Pinnacle lowered its price from ₦1,350 to ₦1,326 per litre.
-
Regional Variations: MRS cut prices by ₦20 in Lagos, whereas Dangote Refinery maintained its price at ₦1,325 per litre. Minor reductions were also noted in Port Harcourt, Calabar, and Warri depots.
-
Steeper Declines for Diesel: The diesel (AGO) market saw even larger cuts, with Matrix depot in Warri slashing prices by ₦50 to reach ₦2,000 per litre, and Masters in Port Harcourt lowering its rate to ₦1,900 per litre.
-
Impact on Retail Pumps: Industry marketers note that while these depot reductions will pressure filling stations to lower pump prices, motorists might not see immediate relief until older, higher-priced stock is depleted and replenished with cheaper supplies.
-
Global Market Factors: The price adjustments coincide with drops in international crude benchmarks, with WTI falling to $91.34 per barrel and Brent crude slipping to $100 per barrel.
-
-
latest1 year ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest3 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest3 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics3 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics3 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest3 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp