NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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NNPCL SELLS N336BN CRUDE IN Q1 2025, DANGOTE REFINERY BUYS 32%.(PHOTO).

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 NNPCL Sells N336bn Crude in Q1 2025, Dangote Refinery Buys 32%

-April 22, 2025 |


The Nigerian National Petroleum Company Limited earned N336.37bn from crude oil sales in Q1 2025, with Dangote Refinery accounting for N107.44bn (32%), internal NNPCL documents reveal.


Seven crude cargoes, totaling 915,821 barrels, were sold to Dangote under the naira-for-crude deal at exchange rates between N1,501.22/$ and N1,562.91/$. The policy aims to reduce FX demand and stabilize fuel prices.


NNPCL also sold 1.95 million barrels to foreign refiners, generating $151.44m (N228.93bn), mainly from Egina, Erha, and Forcados blends. The transactions highlight the firm’s balance between domestic supply and forex earnings.

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