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...
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LAGOS STATE HAS EMERGED THE OVERALL BEST AT THE 27TH EDITION OF THE NATIONAL JUNIOR ENGINEERS, TECHNICIANS AND SCIENTISTS, JETS COMPETITION IN ABUJA. (PHOTO).

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 Lagos State has emerged the overall best  at the 27th Edition of the National Junior Engineers, Technicians and Scientists, JETS competition in Abuja.


Two hundred students from twenty states participated in this year's competition with the theme “Integrated technologies for sustainable food production and security".


The students showcased their innovations which included an automatic fire detector, an online election application to enable voting from the Diaspora, drone and a technology designed to mitigate farmers and herders clashes in the country.


At the closing ceremony, the Permanent Secretary, Federal Ministry of Education, Dr. Nasir Sani-Gwarzo described technology and innovation as drivers for socio-economic growth and sustainability.


Dr. Sani-Gwarzo represented by the Director, Technology and Science Education in the Ministry, Dr. Muyibat Olodo encouraged the students to continue to utilize their inherent talents for national development.

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