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February 12, 2025 Dangote Refinery Drops Diesel Price to N1,020

Dangote Refinery Drops Diesel Price to N1,020

The Dangote Petroleum Refinery and Petrochemicals has announced a N55 reduction in the price of it’s diesel, lowering it from N1,075 to N1,020 per litre at the gantry price.

In a statement issued on Tuesday, the company said the price adjustment was aimed at serving its customers better and supporting Nigerians amid economic challenges.

Since it commenced diesel production in January 2024, the Dangote refinery has consistently reduced its prices. The product, which initially sold at N1,700 per litre, was previously slashed to N1,000, demonstrating the company’s commitment to market stability and affordability, subject to market forces

Similarly, the refinery recently lowered the ex-depot price of petrol from N950 to N890 per litre, prompting marketers to adjust pump prices, with MRS selling petrol at N925 per litre in some parts of the Country.

A Development Economist and Public Policy Analyst, Prof. Ken Ife, noted that the refinery sacrificed over N10 billion to ensure uniform petrol pricing across the country during the Yuletide season.

Speaking on national television, Ife highlighted the role of the now-defunct equalisation fund in stabilizing fuel prices across Nigeria. He also revealed that the government owes marketers over N80 billion in equalisation fund payments.

Prof. Ife emphasized that Dangote Refinery is shifting Nigeria’s focus from Premium Motor Spirit (PMS) dependency to a more diversified petroleum-based export economy.

He further noted that major international companies, including Saudi Aramco, are now purchasing refined products from Nigeria, positioning the country as an emerging powerhouse in the global petroleum market.

The latest price reduction reaffirms Dangote Refinery’s growing influence in stabilizing fuel prices and reshaping Nigeria’s energy sector.

February 11, 2025 NAFDAC Raids Anambra Market for Fake Drugs

NAFDAC Raids Anambra Market for Fake Drugs

The National Agency for Food, Drug Administration and Control; NAFDAC, on Monday commenced its enforcement at the popular Ogbo-Ogu Market, Bridge Head, Onitsha, in Anambra State.

During the exercise, the operatives of the agency, led by the Director, NAFDAC South East Zone, Dr Martins Iluyomade, confiscated a wide range of adulterated, substandard and expired drugs found at the various shops.

Addressing journalists, Iluyomade said the exercise was in line with the agency’s mandate of eradicating fake, banned and other spurious NAFDAC-regulated products from circulating in Nigeria and to prevent members of the unsuspecting public from falling victim.

He said the agency was working in collaboration with the market task force in the exercise that led to the seizure of the multiple fake and banned products, adding that it was a combined exercise carried out simultaneously across all the South-East states.

He said, “Today, we are commencing our enforcement at the Ogbo-Ogu market. What triggered the exercise is that over time, we have been collating data and gathering intelligence on fake and substandard drugs in the market, and we got to the tail end and discovered that people are repackaging and rebagging fake and counterfeit drugs in the market.

The exercise is aimed at raiding the markets of fake and substandard drugs and those that are made up of spurious, counterfeited and falsified medicinal products, unwholesome processed products and several other unsafe regulated drugs.

“This is taking place simultaneously across the South-East states, and it is aimed at sanitising the drug markets and safeguarding the health of members of the unsuspecting public.

“Among the drugs are expired, banned, substandard, deflective, repackaged and recalled products. We found out that some of the drug dealers are in the habit of imitating some popular drugs and pouring it into containers of the original manufacturer in order to deceive unsuspecting members of the public.

“And these drugs are very sensitive that can lead to death or permanent disability of the consumer. The confiscation of the products would eliminate the risk of their reintroduction into the market and a proof of the agency’s resolve to safeguard the health of the people.

He advised members of the public to patronise only licensed and registered drug outlets, adding that security operatives and the investigative team of the agency, as well as other stakeholders, are on the ground monitoring and ensuring that the enforcement goes smoothly.

However, when asked, Iluyomade, who could not give the estimated value of confiscated products in monetary terms, said it was an ongoing exercise that could only be determined at the end of it.

Among the products found in the market to have been faked and counterfeited included antibiotics, anti-hypertensive, anti-diabetic, anti-asthmatic, aphrodisiacs, antimalarial, anti-inflammatory, herbal remedies and psychoactive drugs.

Others were banned drugs such as analgin, tramadol (above 100 mg), gentamycin (280 mg), codeine and controlled substances, vaccines, alcoholic and non-alcoholic beverages, cosmetics, chemicals and unwholesome food, empty plastics, bags and cans, among others.

February 11, 2025 National Children’s Parliament Visit Governor Umo Eno

National Children’s Parliament Visit Governor Umo Eno

Akwa Ibom State Governor, Pastor Umo Eno, has reiterated his commitment to laying a solid foundation for the self-actualization of Akwa Ibom children.
The governor gave the assurance when he received the Speaker of the National Children’s Parliament, Progress Friday Umoh, on a courtesy visit to his office at Government House, Uyo.
He noted that the model primary schools across the state, the planned three model secondary schools with state-of-the-art boarding facilities, and the model primary health centres are aimed at ensuring a healthy life for children and a greater future for Akwa Ibom children.
Governor Eno congratulated Umoh for standing out among her peers and for emerging as the Speaker of the Children’s Parliament in the country.
He assured her that the state would provide the necessary support to enable her to succeed in her position and urged other children in the state and beyond to emulate Umoh, whom he described as a shining star.
Addressing the governor, Umoh appreciated him for his impactful commitment to advancing the welfare of children in the state, saying, “We sincerely appreciate your passion in reactivating the primary health centres across the state. This noble idea has further helped in the vaccination of children against killer diseases.”
The Speaker, who was led to the governor’s office by the Coordinator, Office of the First Lady, Lady Helen Eno Obareki, highlighted some troubling issues affecting the girl child, including female genital mutilation and underage pregnancies. She appealed for more awareness campaigns and interventions aimed at eradicating these challenges, which, according to her, have hindered the growth of some children in the state.
February 11, 2025 Romanian President Steps Down Ahead of Election Re-Run

Romanian President Steps Down Ahead of Election Re-Run

Romania’s President KLAUS IOHANNIS has resigned following pressure for him to step down ahead of a re-run of a presidential election that was controversially cancelled last year.

The December vote was voided by Romania’s top court after allegations of Russian state meddling.

The outgoing IOHANNIS, a pro-EU liberal, had said he would stay on in office until a successor was elected in May.

But that had been strongly criticised by far-right politicians and their supporters, who had performed well in the first round of the vote in December.

Their criticism had inspired tens of thousands of Romanians to take to the streets last month in protest against the election’s cancellation.

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