TRAGEDY AVERTED AS 120-YEAR-OLD ANCESTRAL TREE FALLS AT OBOSI MARKET. (PHOTO).#PRESS RELEASE.

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 Tragedy Averted as 120-Year-Old Ancestral Tree Falls at Obosi Market By Chiedu Okoye A major tragedy was averted at Eke Obosi Market in Idemili North Local Government Area of Anambra State after a 120-year-old ancestral tree collapsed, destroying shops and goods but leaving traders and visitors unharmed. The massive tree, estimated to be about 150 feet tall, fell within the market premises, damaging at least 12 shops and valuable merchandise. Residents and traders described the incident as miraculous, noting that no lives were lost despite the extent of the destruction. The fallen tree held significant cultural importance as a sacred symbol of Eke Obosi Market, which is regarded as a stronghold of the traditions and cultural heritage of the Obosi people. Beyond serving as a centre for commercial activities, the market is also known as a venue for communal traditional rites and ceremonies. Eke Obosi Market was recently rebuilt and modernised by renowned businessman, politician and ...
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PETROL PRICE TO DROP TO ₦739 FROM TUESDAY — DANGOTE. (PHOTO).

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 Petrol price to drop to ₦739 from Tuesday — Dangote


Founder and President of Dangote Group, Aliko Dangote, has announced that petrol prices will drop to ₦739 per litre nationwide, beginning Tuesday, with initial implementation at MRS stations in Lagos. Dangote, at a press briefing at the Lekki Refinery on Sunday, said the refinery had reduced its gantry price from ₦828 to ₦699 per litre two days earlier.


He assured that the ₦739 per litre price would be enforced and emphasised his commitment to fight price manipulation. “Starting from Tuesday, MRS will start selling petrol at N739/litre. Definitely, we will enforce that low price. We will make sure that it’s implemented. If you have your truck, you can come here and buy it. We are selling at N699. The N699 includes the percentage of NMDPRA. So what actually comes out to us is about N389 or so.


“Those who want to keep the price to sabotage the government, we will fight as much as we can to make sure that these prices are down. N970 is not the price. If you have money to come and buy, you can pick up petrol at N699,” he said to journalists. The group CEO expressed concern that some filling stations were ‘deliberately’ keeping pump prices high, undermining the intended reduction.


“I was told that the marketers have met with [some officials] and were told to make sure that the price is maintained high. But this price we are going to introduce, we are going to start with MRS stations most likely on Tuesday in Lagos; that N970 per litre, you won’t see it again,” he said.

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