PETROL LANDING COST DROPS TO N970 PER LITRE-MARKETERS. (PHOTO).

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 Petrol Landing Cost Drops to N970 per Litre – Marketers In a positive sign for the downstream sector's stability, the Major Energy Marketers Association of Nigeria (MEMAN) has announced a slight decrease in the landing cost of Premium Motor Spirit (PMS), or petrol, which fell to N970 per litre in December 2024, down from N971 per litre in November 2024. This decrease comes amid a similar drop in crude oil prices, which fell to $73.77 per barrel from $74 per barrel the previous week. According to MEMAN's daily energy bulletin, which was shared with Vanguard, the new landing cost is based on a crude oil price of $73.91 per barrel (Brent) and an exchange rate of N1,533.57/$. However, MEMAN also cautioned that international petroleum product prices are subject to significant volatility, influenced by geopolitical and economic factors, including developments in the Middle East, market trends in China, and the recent outcome of the U.S. elections. The foreign exchange rate is also f...

JOE BIDEN FORGETS TO INTRODUCE INDIA'S PM MODI. (VIDEO/PHOTO).

 


Joe Biden forgets to introduce India’s  PM Modi


US President Joe Biden forgot he was supposed to introduce Indian Prime Minister Narendra Modi on Sunday. 

The octogenarian appeared visibly confused after addressing the Cancer Moonshot launch event and eventually asked what he was supposed to be doing next.

Not only did Biden forget, but he also asked repeatedly who he was supposed to introduce next, despite the fact that PM Modi was on the dais alongside other Quad leaders, Australian PM Anthony Albanese and Japanese PM Fumio Kishida.


The event moderator then intervened to announce PM Modi as the latter stepped forward to deliver his address.


In a video surfacing on social media, Biden can be seen thanking those present at the event. All four Quad leaders are seated onstage.


So I want to thank you all for being here," Biden added. However, he loses his train of thought soon after. "Who am I introducing next?" he asks, looking at his aides.

The moderator of the event then announced Prime Minister Modi's name for his address.

This was not Joe Biden's first forgetful moment at a public occasion.  In recent years, Joe Biden has frozen up during public appearances and stumbled over his speech, prompting fears about the 81-year-old President's mental condition.


Concerns about his health and capabilities had escalated earlier this year after a disastrous Presidential election debate with Donald Trump. Biden had eventually dropped out of the poll race to make way for Kamala Harris.

Earlier in July the President had accidentally referred to Ukrainian President Volodymyr Zelensky as his warring Russian counterpart during (yet another) introductory speech. The unfortunate moment came while Biden was closing out a three-day NATO summit in Washington — soon after he forcefully vowed that "Ukraine will prevail" against Russian President Vladimir Putin.

Turning to Zelensky in his war fatigues, Biden said, "Ladies and gentlemen, President Putin."


Biden quickly corrected himself and Zelensky, a former comedian, promptly made light of the gaffe, saying, “I am better than Putin."


The sixth edition of the Quad Leaders' Summit is a 'farewell' summit for both US President Joe Biden and Japan Prime Minister Fumio Kishida before they step down from their respective offices. Biden hosted the Quad Leaders' Summit in his hometown over the weekend as he prepares to step down in early 2025. 

Watch video below. 


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