TRUMP APPROVES 'NO-COST' MARIJUANA PRODUCTS FOR MEDICARE RECIPIENTS. (PHOTO).

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 Trump approves 'no-cost' marijuana products for Medicare recipients  President Trump signed an executive order Thursday initiating a pilot program that allows Medicare to cover cannabis products for seniors, marking a significant policy shift in federal support for medical marijuana. The move could provide older Americans with alternative treatments for common ailments, at a time when marijuana use among adults 65 and older is rising sharply. A 2023 NYU study found that 7% of adults in that age group reported using marijuana in the past month, up from 4.8% in 2021 and 5.2% in 2022, representing nearly a 46% increase in two years. Under the order, marijuana will be reclassified as a Schedule III drug by the Drug Enforcement Administration, placing it alongside medications such as Tylenol with codeine, rather than Schedule I drugs like heroin and LSD. The pilot program will specifically cover cannabidiol (CBD) products for Medicare beneficiaries, with coverage expected to begin...
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IPMAN DIRECTS MEMBERS TO PRIORITIZE DANGOTE REFINERY FUEL PURCHASES, EYES OWN REFINERY VENTURES. (PHOTO).

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 IPMAN Directs Members to Prioritize Dangote Refinery Fuel Purchases, Eyes Own Refinery Ventures


Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a nationwide directive to its members to prioritize buying Premium Motor Spirit (PMS), commonly known as petrol, exclusively from the Dangote Petroleum Refinery, citing the facility's competitive pricing and its role in bolstering domestic refining.


In a statement, IPMAN National President Abubakar Maigandi Shettima emphasized the importance of this move in reducing Nigeria's dependence on imported fuel. "I am calling on all IPMAN members nationwide to prioritise patronising the Dangote Refinery in their purchase of PMS products, as they already offer the best affordable price for all marketers today," Shettima said.


The directive comes amid an upcoming enhancement in supply logistics: Starting January 2026, Dangote Refinery will begin direct supplies of PMS to registered IPMAN members, including free delivery to filling stations across the country. This is expected to further stabilize supply chains and potentially lower pump prices at retail outlets.


IPMAN, which controls over 80% of Nigeria's petrol retail market, argues that continued fuel imports distort market dynamics, drain foreign exchange reserves, destroy local jobs, and deter investments. Shettima criticized the "reckless" issuance of import licenses, urging regulators to prioritize local production. "Continuous import is NOT an acceptable parallel business model," he stated.


Additionally, IPMAN expressed ambitions to enter refinery ownership itself. Shettima called on the new leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to implement policies allowing independent marketers to invest in and operate refineries, aiming to deepen domestic refining capacity.


The association praised President Bola Ahmed Tinubu for recent leadership changes at regulatory bodies, crediting them with enabling stronger partnerships like the one with Dangote Refinery. "The focus of the Dangote & IPMAN partnership has always been geared towards making life better for Nigerians," Shettima noted.


IPMAN also highlighted unresolved issues, including over N190 billion in outstanding bridging claims owed to members.


This development builds on ongoing efforts to shift Nigeria toward self-sufficiency in petroleum products, following years of reliance on imports due to dormant state-owned refineries. Analysts say the strengthened IPMAN-Dangote collaboration could lead to more stable fuel availability and reduced prices in the coming months.

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