WORLD’S YOUNGEST REIGNING MONARCH , KING OYO, DIES AT 34.(PHOTO).

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 World’s Youngest Reigning Monarch , King Oyo, Dies at 34 King Oyo Nyimba Kabamba Iguru Rukidi IV, the traditional ruler of Uganda’s Tooro Kingdom who became the world’s youngest reigning monarch after ascending the throne at three, has died at the age of 34. The monarch reportedly died on Thursday, with the Prime Minister of the Tooro Kingdom, Calvin Armstrong Rwomiire Akiiki, announcing his death on Friday. The cause of death was not immediately disclosed. However, Ugandan media reports quoted a government minister as saying that King Oyo had been critically ill and was receiving medical treatment in the United States. Reacting to the development, Akiiki described the monarch’s death as a major loss to the royal family and the people of Tooro. He urged members of the kingdom to remain united and calm while mourning the traditional ruler. King Oyo ascended the Tooro throne in 1995 following the death of his father, King Patrick Matthew Kaboyo Rukidi III. He was only three years ol...
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NIGERIA SPENDS N3 TRILLION ON PETROL IMPORTS IN 42 DAYS DESPITE DANGOTE REFINERY. (PHOTO).

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 Nigeria Spends N3 Trillion on Petrol Imports in 42 Days Despite Dangote Refinery


Nigeria has reportedly spent a staggering N3 trillion on petrol imports within just 42 days, despite ongoing efforts to boost local refining through the Dangote Refinery. The high expenditure highlights the country’s continued reliance on fuel imports, raising questions about the capacity and utilization of local refining infrastructure.  


The Dangote Refinery, which began limited operations earlier this year, was expected to reduce Nigeria’s dependence on imported fuel. However, the scale of recent import costs suggests that local production is yet to meet domestic demand.  


This development adds pressure on the government to address the inefficiencies in the downstream sector and prioritize refining capacity expansion to save costs and strengthen energy security.

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