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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OIL SCOOPING VIDEO: UNIFORMED PERSONNEL NOT MEMBERS OF NIGERIA POLICE FORCE. (PHOTO). #PRESS RELEASE.

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 PRESS RELEASE


OIL SCOOPING VIDEO: UNIFORMED PERSONNEL NOT MEMBERS OF NIGERIA POLICE FORCE


The viral video circulating in the media that depicts uniformed personnel in camouflage scooping fuel from the wreckage of an accidented tanker was just released to discredit the Nigeria Police Force. It is essential to clarify that the individuals in the video are not officers of the Nigeria Police Force. They are uniformed personnel from a neighbouring francophone country whose camouflage uniforms bear a resemblance to the Nigeria Police's. The captured officers were speaking in french languages, not a Nigerian language or English.

  

We strongly condemn the spread of such disinformation and unverified news and contents aimed at tarnishing or discrediting the image of the Nigeria Police Force. Such actions not only undermine the integrity of the force but also have far-reaching negative consequences for the nation and its people.


The Nigeria Police Force, under the leadership of the IGP, remains committed to upholding discipline, professionalism, and dedication to the safety and security of all Nigerians. Acts that compromise the reputation of the force are unequivocally unacceptable and will not be tolerated. We urge all Nigerians to exercise caution and verify information before sharing it, to foster national unity and uphold the credibility of institutions working tirelessly for public safety.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI

FORCE PUBLIC RELATIONS OFFICER, ABUJA


2ND DECEMBER 2024

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