UNACCEPTABLE – GOV. ALIA BLASTS MBALOM KILLINGS, ASSURES JUSTICE FOR VICTIMS. (PHOTO).

Image
 UNACCEPTABLE – GOV. ALIA BLASTS MBALOM KILLINGS, ASSURES JUSTICE FOR VICTIMS  Governor Hyacinth Alia of Benue State has condemned the latest attack on Mbalom community in Gwer East Local Government Area, describing it as barbaric and unacceptable, while assuring residents of intensified efforts to protect lives and property. In a statement issued by his Chief Press Secretary, Tersoo Kula, the governor reacted to reports of an assault by suspected armed herdsmen on the community, an incident that adds to recurring security concerns in parts of the state. Alia said the attack represents a direct threat to the peace and security of Benue, noting a disturbing pattern of what he described as calculated and selective assaults. He expressed sympathy to affected families and reiterated his administration’s resolve to confront criminal elements. The governor also commended the Nigeria Police Force and other security agencies for their swift response, adding that operatives are already...

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.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).