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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FUEL PRICE INCREASES TO N1, 150 PER LITRE AFTER DANGOTE REFINERY'S HIKE. (PHOTO).

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 Fuel price increases to N1,150 per litre after Dangote Refinery’s hike


The retail price of Premium Motor Spirit, petrol, has increased to between N1030 and N1,150 per litre following a hike by Dangote Refinery and ex-depot prices of the product.


On Friday, the $20 billion Dangote Refinery announced a fresh ex-depot price hike from N899 per litre to N955 per litre.


According to an email sent to its customers, Dangote Refinery confirmed the new price regime, noting that marketers buying between two million and 4.99 million litres would now buy at N955/litre, while five million litres and above would buy at N950/litre.


This represents a N55 or 6.17 percent petrol price increase from N899.50/litre announced as a holiday discount for Nigerians last December.


Dangote Refinery’s petrol price increase had sparked different degrees of retail price adjustment across filling stations.


The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, confirmed that the product may sell above N1,100 per litre across members’ filling stations nationwide.

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