Metro
Sell Petrol at N770 Per Litre, IPMAN Tells Dangote
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged Dangote Refinery to sell premium motor spirit (petrol) at N770 per litre.
The spokesperson of IPMAN, Chinedu Ukadike, said this on Monday.
Ukadike was reacting to comments by businessman, Aliko Dangote, who said Nigeria’s petrol is less expensive, as his refinery ex-depot price stood at N825 per litre.
However, Ukadike noted that PMS is not cheap owing to the country’s position as a crude oil producer.
According to him, the exchange rate is a major determinant in PMS price in Nigeria, noting a drop in exchange from N1,600 to around N1,200 would bring down the price to below N750 per litre.
“On my part, I don’t feel it’s cheap. I think the petrol will go as low as around N770. That’s my own permutation. I’m not an expert in oil refining. But with what I have gathered — the refinery production costs and the landing at the depot cost, petrol should not be more than N780 or N750, in line with the dollar rate. Now the rate is around N1,600 per dollar; should it appreciate further, PMS from Dangote Refinery should be N750 per litre.
“So, if the dollar can come down to N1,200, I want to tell you that the price of PMS at the pumps will go below N750,” he added.
Dangote, barely a week ago, said Nigeria’s petrol price is 55 percent below the West African average.
He reiterated recently that Nigeria’s petrol price is not expensive.
Nigerians currently buy petrol between N875 and N910 in Lagos and Abuja.
In celebration of World Milk Day 2025 with the theme ‘Let’s Celebrate the Power of Dairy’, FrieslandCampina WAMCO Nigeria PLC, producers of Peak, Three Crowns, Coast, Olympic, and Nunu Milk brands, has announced plans to establish a Dairy Academy in collaboration with the Federal Ministry of Livestock Development in Nigeria. This initiative is designed to strengthen local capacity and expand Nigeria’s dairy sector sustainably.
The announcement was made by Roger Adou, Managing Director, FrieslandCampina WAMCO, during the 2025 World Milk Day Conference in Abuja, organized by the Federal Ministry of Livestock Development in partnership with dairy stakeholders and national institutions. The proposed Dairy Academy will be located on 20-hectare plots at Maya Farm in Oyo State, owned by FrieslandCampina WAMCO, and will serve as a specialized training hub for dairy farmers and service providers. The academy will deliver modern training in dairy farming, milk hygiene, animal health, and climate-smart agriculture.
The Dairy Academy will also offer flexible courses alongside an intensive Artificial Insemination (AI) course. To facilitate effective learning, the facility will be equipped with a 200-seat training hall, a laboratory, cow sheds, hay barns, silage storage, and essential farm machinery, including tractors, boom sprayers, harvesters, and manure spreaders.
FrieslandCampina WAMCO’s Dairy Development model remains a prime example to accelerate a sustainable dairy sector in Nigeria. Since its inception in 2010, the initiative has expanded across seven (7) states; Oyo, Ogun, Kwara, Ondo, Osun, Plateau, and the Federal Capital Territory (FCT). Today, over 15,000 farmers are part of the network including women and youth who have been trained. 30 milk collection centres have been established to improve milk aggregation and cold chain reliability, with daily milk collection exceeding 40,000 litres at peak period.
The company has prioritized veterinary health in collaboration with state agricultural authorities and the Federal Ministry of Livestock Development, resulting in over 10,000 cattle vaccinations across host communities. Its investment in breed improvement is evident in the birth of more than 900 Girolando crossbreed calves to date, an important step toward increasing local yields.
Launched in April 2021, the Value4Dairy Consortium, the first business partner model of its kind in Nigeria, established three dairy zones in Oyo, Osun, and Abuja. Through this consortium, FrieslandCampina WAMCO and its partners have executed over 1,351 artificial inseminations with a 65% success rate.
More than 3,300 farmers have been trained in Good Dairy Farming Practices (GDFP), and the initiative has facilitated the construction of three additional milk collection centres, 15 solar-powered coolers for fresh milk collection and 23 solar powered boreholes to support dairy hygiene. Furthermore, we have partnered with over 25 smallholder dairy farmers to support key initiatives in breed improvement, feed and pasture development.
As part of this initiative, more than 10 farmers have each been allocated 5-hectare plots or more for pasture cultivation at the Fashola Hub within the 300-hectare development land allocated to FrieslandCampina WAMCO in Oyo State.
Speaking on the significance of this expansion, Ore Famurewa, Executive Director, Corporate Affairs, stated, “The establishment of a Dairy Academy represents a major leap forward in building the technical competencies and business knowledge of dairy farmers. We are committed to developing Nigeria into a centre of dairy excellence through sustainable backward integration and strategic partnerships.”
The Honourable Minister of Livestock Development, Idi Mukhtar Maiha, emphasized that the Dairy Academy will serve as a national resource for empowering rural farmers to improve milk quality and yield as well as provide sustainable employment opportunities.
Reinforcing this vision, Roger Adou remarked; “Our collaboration with the Federal Ministry of Livestock Development on the Dairy Academy builds on our long-term commitment to transform Nigeria’s dairy value chain. Empowering farmers with knowledge, modern technology, and sustainable practices is essential to building a self-sufficient dairy sector. FrieslandCampina WAMCO is committed to making affordable, high-quality milk accessible to every household.”
FrieslandCampina WAMCO reaffirms its vision to grow local sourcing, improve livelihoods of local farmers, and expand infrastructure, ensuring that the dairy sector becomes a catalyst for economic growth, innovation, and national food security.
A prominent member of the All Progressives Congress (APC) and staunch supporter of President Bola Tinubu during the 2023 presidential election, Jesutega Onokpasa, has been confirmed dead.
According to TJ News Nigeria, the outspoken APC chieftain, who was also a lawyer and renowned political commentator, died just days after making headlines for vowing to mobilise against President Tinubu in the 2027 presidential election.
The exact cause of Jesutega Onokpasa’s death has not been officially disclosed. Family members and party associates have yet to release an official statement regarding burial arrangements.
Multiple sources from social media have however confirmed the sad incident. Pointblank.ng has not independently confirmed the story.
Adron Homes and Properties Limited, Nigeria’s leading real estate powerhouse, once again demonstrated its deep-rooted commitment to cultural heritage and community celebration by attending the 2025 edition of the iconic Ojude Oba Festival in spectacular fashion, proudly under the banner of the “House of Adron.”
The House of Adron made a resplendent entrance into the Ojude Oba parade ground, capturing hearts and attention with its vibrant cultural regalia, energetic performances, and a regal display of unity, tradition, and luxury. In keeping with the brand’s identity of class and excellence, Adron Homes didn’t just attend the festival, it redefined presence.
Adding a spark of celebrity glamour, Nollywood icons and cultural ambassadors Lateef Adedimeji and Femi Branch joined the House of Adron in paying homage to the revered Awujale and Paramount Ruler of Ijebuland, Oba Sikiru Kayode Adetona. Their presence electrified the crowd and brought star power to an already thrilling procession.
The 2025 Ojude Oba Festival was a cultural spectacle that drew top dignitaries, including the Executive Governor of Ogun State, Prince Dapo Abiodun CON, MFR, Her Excellency the First Lady, the Deputy Governor, Engr. Noimot Salako-Oyelade, the Deputy Governor of Ondo state, His Excellency, Olayide Adelami, representing the Governor, the Minister of Arts, Culture and Tourism, Barr. Hannatu Musa Musawa, revered Yoruba monarchs, and a host of other national and international figures. Amidst colourful attires, horse-riding families, rhythmic drumming, and ancestral pride, the House of Adron stood out as a symbol of innovation meeting tradition.
But beyond its dazzling presence at the festival, Adron Homes is also a proud stakeholder in the land of Ijebu Ode, with some of its prominent, world-class estates strategically located within the city and across its neighbouring environs. These include Chicago Parks and Gardens, Sugarland Estate, Winter Park and Gardens, and Imperial Park and Gardens, all thoughtfully designed to combine modern infrastructure with the cultural essence of their host communities. These estates not only provide affordable luxury but also serve as models of organized living and sustainable development in the region.
Speaking at the festival, the Chairman/CEO of Adron Group, Aare Adetola Emmanuelking, KOF, who dazzled with class and elegance, emphasized the brand’s commitment to preserving Nigerian culture while creating modern, affordable luxury for all.
“Ojude Oba is a movement of identity, pride, and unity. Adron Homes is proud to be part of this movement, championing culture while building dreams,” he stated.
Adron Homes’ participation further cements its reputation not only as a developer of vibrant communities but also as a proud patron of Nigeria’s rich traditions. Through its dynamic presence at Ojude Oba, and its real estate footprint in Ijebu Ode, Adron once again proved that it is a brand deeply woven into the cultural and social fabric of Nigeria.
As the drums fade and the colours settle, the legacy of the House of Adron at Ojude Oba 2025 will remain etched in the minds of attendees, a magnificent reminder that when culture calls, Adron answers in grand style.
