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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SEEK FORGIVENESS FROM SHETTIMA, NDUME TELLS TINUBU'S AIDE BWALA. (PHOTO).

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 Seek forgiveness from Shettima, Ndume tells Tinubu’s aide Bwala


The Senator representing Borno South, Mohammed Ali Ndume, has asked Daniel Bwala, the newly appointed Special Adviser, Media and Public Communications to President Bola Ahmed Tinubu, to “seek forgiveness” from Vice President Kashim Shettima whose emergence as Tinubu’s running mate made him leave the All Progressives Congress (APC) because he is a Muslim.


Ndume in a statement on Saturday also asked Bwala to work closely with Shettima to promote the “Renewed Hope” agenda of the Tinubu administration.

President Tinubu had on Thursday appointed Bwala, former spokesperson for ex-Vice President Atiku Abubakar Presidential Campaign as his Special Adviser, Media and Public Communications.

The president also appointed three others as directors-general of various agencies.

“Work with him (Shettima) closely as your second principal to promote the ‘Renewed Hope’ agenda of Mr President.

‘Nigeria’s failing status confirmed under Emilokan’, Obasanjo taunts Tinubu 

#OndoDecides: Aiyedatiwa will win, no credible opposition in Ondo –APC chieftain

“You should learn from Sunday Dare and Ononuga who are long and loyal associates of Tinubu; who always defend the policies of Mr President without being abusive and offensive.

“You should also learn from the likes of Hadiza Bala and Nuhu Ribadu (NSA) who defend and market Tinubu’s policies backed by facts and figures. Finally you should also link up with our people at the grassroots because charity begins from home.

I wish you success in your new assignment,” he stated.

Ndume said President Tinubu had a large heart for accommodating Bwala, one-time  spokesman to his political opponent, Atiku Abubakar.

The Borno lawmaker said his appointment was a rare demonstration of large heartedness in leadership, “a quality that is difficult to find in many leaders today.”

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