Headlines
Dangote Refinery Reduces Petrol Price to N860 Per Litre in Lagos
The management of Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N890 to N825 per litre, effective from February 27, 2025.
The slash in price by N65.00 was announced in a statement on Wednesday by the refinery.
According to the statement, buyers in Lagos would purchase fuel at N860 per litre at MRS outlets under the new arrangement.
“For MRS Holdings stations, it will sell for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East respectively,” the management said.
“The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: ₦865 per litre in Lagos, ₦875 per litre in the South-West, ₦885 per litre in the North, and ₦895 per litre in the South-South and South-East.”
The company assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand, as well as a surplus for export to enhance the country’s foreign exchange earnings.
It urged marketers to support this initiative, ensuring that Nigerians remain the primary beneficiaries of this effort.
To the refinery, the price adjustment is designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season and also support the economic recovery policy of President Bola Ahmed Tinubu by alleviating the financial burden on the Nigerian populace.
Africa’s richest man Dangote has severally reduced the prices of petrol and other refined petroleum products.
The latest move is the second price reduction of PMS in February 2025, following a previous decrease of N60.00 earlier in the month.
In December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season.
President Donald Trump claimed on Monday that Americans want him to run for another term, a step banned by the US constitution but which he continues describing as possible.
“People are asking me to run,” Trump told reporters in the Oval Office when asked about the possibility of a third term.
“I don’t know. I never looked into it. They do say there’s a way you can do it, but I don’t know about that, but I have not looked into it,” Trump said.
Trump was asked about the prospect of a race pitting him against former president Barack Obama, who served two terms.
“That would be a good one, I’d like that,” Trump said.
“I’m not joking” about the idea of seeking a third term, Trump said Sunday in an interview with NBC News.
The 78-year-old Republican served from 2017 to 2021 and began his second term in the White House on January 20.
The first US president, George Washington, established a tradition by not seeking a third term after completing his second one in 1797.
But this tradition was not formally added to the US constitution until after World War II, with the ratification of the 22nd amendment in 1951.
It says no one can be elected president more than two times.
Publisher of The Boss Newspaper and a chieftain of the Peoples Democratic Party (PDP), Chief Dele Momodu, has appealed to President Bola Tinubu not to “kill democracy in Nigeria.”
The appeal, which was made while Momodu was fielding questions during a live television show on Channel TV’s Morning Brief on Monday, was an aftermath of President Tinubu’s suspension of Rivers State Governor, Siminalayi Fubara, his deputy, Ngozi Odu, and the state House of Assembly for six months due to a political crisis in the state.
The journalist expressed his concern over Tinubu’s decision, which he described the move as “worse than dictatorship.”
He added that he was disappointed by the president’s actions, especially given Tinubu’s past fight for democracy.
Momodu stated, “I think it is very unfortunate. I know President Tinubu very, very, very well. Though I’ve not been in the same party [with him] and all that, we were together in exile, and he fought gallantly for this democracy,” he said.
“So a lot of us, co-comrades at that time, are actually very embarrassed that we have a pro-democracy leader in government, and yet what we are witnessing is worse than dictatorship.
“I’m pleading with President Bola Tinubu, ‘Please don’t kill democracy in Nigeria.’ Everybody who loves him will tell him this. I don’t; I’ve not asked him for anything or anything, but we love him for his contributions to the motivation in the back, which is what is going down the drain.”
He also warned that the ruling All Progressives Congress (APC) was trying to intimidate the opposition, urging Tinubu not to be misled by those around him, adding that he does not need to intimidate anybody.
“I’m saying it now openly to millions of Nigerians that people are deceiving President Tinubu, and he should not allow people to deceive you,” he said.
“He should just do his job. The only thing that can guarantee a second time is to do your job well. You do not need to intimidate anybody.”
President Bola Tinubu and Vice President Kashim Shettima, on Sunday, joined others for prayers at the National Eid ground in Abuja, as Nigerian Muslims mark the Eid-El-Fitr celebrations together with millions of others around the world.
Deputy President of the Senate, Barau Jibrin, the National Security Adviser, Nuhu Ribadu and some ministers also observed the prayer at the same venue.
Eid-El-Fitr, meaning the festival of breaking the fast, is a time of gratitude, charity and communal harmony.
It began with special prayers known as Eid prayers held in Mosques and open spaces. Following the prayers, families share festive meals, exchange gifts and extend warm greetings.
Eid is a time to remember those less fortunate and to strengthen the bond of brotherhood and sisterhood. A key component of Eid is Zakat al Fitr, a mandatory charitable donation intended to ensure everyone irrespective of their financial situation can participate in the joy of the celebration.
This act of giving embodies the spirit of compassion and solidarity that Ramdan emphasizes. From the elaborate feast of South Asia to the festive clothing of Nigeria and the African continent and the warm gatherings of the Middle East, Eid celebrations vary across cultures, showcasing the rich diversity of the Muslim world.
However, the underlining message of unity, gratitude and compassion remains universal.
Saudi Arabia and some other Gulf Arab states are celebrating the Eid al-Fitr holiday from today, but other Middle Eastern countries will not do so until Monday.
“The Supreme Court has decided that tomorrow, Sunday, March 30, 2025, is the first day of Eid al-Fitr,” the Saudi Royal Court said in a statement carried by official media.
The timing of the holiday, which marks the end of the fasting month of Ramadan, is determined by the sighting of the crescent moon, in accordance with the Muslim lunar calendar.
The United Arab Emirates and Qatar also announced Sunday would be the first day of the holiday.
But neighbouring Oman and Jordan, as well as Shiite-majority Iran, said that Eid al-Fitr would not begin until Monday because the crescent moon had yet to be sighted. Egypt and other North African countries followed suit.
