EFCC ARRESTS ABUJA-BASED HOUSE AGENT OVER ALLEGED N288M PROPERTY FRAUD. (PHOTO). #PRESS RELEASE

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 EFCC Arrests Abuja-Based House Agent over Alleged N288m Property Fraud The Ilorin Zonal Directorate of the EFCC has arrested an Abuja-based house agent, Hajia Adama Ahmed Adamu, over an alleged property fraud to the tune of N288 million (Two Hundred and Eighty-Eight Million Naira). The suspect allegedly obtained the money from Alhaji Tanko Yawale under the pretext of facilitating the purchase of a property located at House 31, Haile Selassie Street, Asokoro, Abuja. Following the payment, Hajia Adamu allegedly failed to provide the complainant with valid documents for the property and subsequently became evasive, raising suspicion and prompting a formal petition to the EFCC. Visit www.efcc.giv.ng for more stories.
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OIL MARKETERS HAVE SUGGESTED A PRICE OF N550 LITRE OF PETROL TO DANGOTE. (PHOTO).

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 Oil marketers have suggested a price of N550 per litre of petrol to Dangote


The President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Alhaji Abubakar Migandi Garima said: “We have been discussing with Dangote Refinery. The discussion, centering on pricing, margins and other issues, is still ongoing.


“We have proposed that the lifting price should be N550 per litre in Lagos. The price of the product will differ from one part of Nigeria to another because of distance and cost of delivering petrol to different locations.


“We are currently waiting on Dangote Refinery to conclude and communicate the price per litre, so we can plan to lift the product when it comes on stream.


‘’We expect that the price of the locally refined petrol would be cheaper than imported petrol, due mainly to local availability of the bulk of its crude oil and removal of transportation cost.”

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