PRESIDENT TINUBU MOURNS FORMER SUPER EAGLES COACH ADEGBOYE ONIGBINDE. (PHOTO).

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 PRESIDENT TINUBU MOURNS FORMER SUPER EAGLES COACH ADEGBOYE ONIGBINDE President Bola Tinubu has sympathized  with the family and associates of renowned football administrator and former Super Eagles head coach, High Chief Festus Adegboye Onigbinde, aged 88. A statement by Bayo Onanuga Special Adviser to the President,  Information & Strategy,  says Chief Onigbinde passed away on Monday.  It adds, the President extends his condolences to the Nigeria Football Federation (NFF), the National Sports Commission (NSC), professional colleagues and fans of the administrator who distinguished himself as the first indigenous coach of the Super Eagles in 1982.  President Tinubu commends the contributions of the Modakeke high chief to the development of grassroots football and to the strengthening of football administration in Nigeria. The President acknowledges the historic leadership of Chief Onigbinde, who guided the Super Eagles to the finals of the Africa Cup o...

DANGOTE REFINERY SUSPENDS PETROL LOADING, SPARKING EXPECTATIONS OF A PRICE HIKE ANNOUNCEMENT AS EARLY AS MONDAY.(PHOTO).


 Dangote Refinery Suspends Petrol Loading, Sparking Expectations of a Price Hike Announcement as Early as Monday.


The Dangote Petroleum Refinery has halted petrol loading until further notice. Tanker drivers already queued at the facility have been instructed to leave the premises, with all operations currently paused.


This latest move has fueled speculation in Nigeria's downstream petroleum industry that the refinery may soon reveal another increase in its ex-depot petrol price, potentially as early as Monday.


Industry observers have pointed out a recurring pattern, the refinery often suspends loading activities shortly before adjusting prices upward.


A comparable event took place on Friday, March 6, around 2:00 a.m. WAT, when loading was stopped, followed by an announcement of a ₦121 rise, lifting the ex-depot PMS price to ₦995 per litre.


That change came shortly after a prior adjustment on March 2, when the refinery increased its petrol gantry price from ₦774 to ₦874 per litre, driven by escalating pressures in the domestic fuel market.


These repeated halts in loading followed by price revisions have made marketers, depot operators, and other stakeholders particularly attentive to developments at the refinery, as many base their own pricing strategies on its actions.

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