Petrol Price Hits N1,200/Litre as Independent Marketers Follow After NNPC
Politics

Petrol Price Hits N1,200/Litre as Independent Marketers Follow After NNPC

Politics tamfitronics The price of Premium Motor Spirit (PMS) popularly known as petrol has risen across the country as independent oil marketers, which account for the majority of retail outlets have adjusted the pump price of petrol to about N1,200 per liter. This development follows the Nigerian National Petroleum Company Ltd’s (NNPC) decision to end its exclusive purchase agreement with Dangote Refinery and Petrochemical Company.The price adjustment, which took effect on Wednesday, reflects the cost at which marketers purchased the product from Dangote Refinery.It should be noted that the national oil company had previously bore the cost of subsidizing the product to the target users.A survey of filling stations across the FCT revealed that many have adjusted their pump prices to align with the new market reality.The deregulation of the downstream sector allows marketers to...
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Who is Conservative leadership candidate Kemi Badenoch?
Politics

Who is Conservative leadership candidate Kemi Badenoch?

Politics tamfitronics Kemi BadenochKemi Badenoch has had a rapid rise in politics and is now one of the final two candidates to take over as Conservative party leader.The North West Essex MP and former London Assembly member has courted controversy during her career and has been accused of lacking “courtesy” by some Tory colleagues.Having announced her bid to lead her party with an article in the Times where she said the last administration “talked right and governed left” she has tried to maximise her appeal to those who may have been tempted to vote for Reform UK at the general election.BBadenoch made headlines during the Conservative Party ConferenceConservative Party Conference in Birmingham when she described maternity pay as “excessive” and said five to 10 per cent of civil servants should “be in prison”.She has...
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Minister of the FCT, Nyesom Wike reacts to burning of three local government offices in Rivers State
Politics

Minister of the FCT, Nyesom Wike reacts to burning of three local government offices in Rivers State

Politics tamfitronics Federal Capital Territory Minister, Nyesom Wike, has blamed Rivers State Governor, Siminalayi Fubara, for the ongoing political unrest in the state. Speaking on Channels Television’s Politics Today on Tuesday, Wike accused Fubara of inciting violence by proceeding with local government elections despite legal concerns.“No person who believes in peace and stability of any nation will say he supports violence, will say he wants to support destruction, will say he doesn’t want people to live in harmony,” Wike said.The minister emphasized the importance of understanding the root causes of instability, highlighting that a refusal to respect the rule of law is a recipe for chaos. “When there’s violence, when there’s instability, it’s for you to ask questions: what has led to the violence, what has led to the instability, what has led to destruction?”...
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