FG ANNOUNCES TEMPORARY CLOSURE OF OWERRI AIRPORT FOR RUNWAY REHABILITATION. (PHOTO).

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 FG ANNOUNCES TEMPORARY CLOSURE OF OWERRI AIRPORT FOR RUNWAY REHABILITATION  The  Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the temporary closure of the Sam Mbakwe International Cargo Airport, Owerri, to allow for major runway rehabilitation works. A statement by the  Minister says the closure has become necessary to improve safety and operational efficiency at the airport, ahead of the Christmas travel season. It adds that the rehabilitation project is a joint partnership between the Federal Government and the Imo State Government, and will involve repairs to deteriorated sections of the runway, treatment of surface cracks, filling of potholes, resurfacing, and extension works to accommodate larger aircraft. The Minister disclosed that he had earlier spoken with the Governor of Imo State, Senator Hope Uzodimma, who, along with other critical stakeholders in the South-East, agreed on the need for the temporary closure. The airport i...
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DANGOTE REDUCES PETROL PRICE TO N1,165, DIESEL TO N1,570.(PHOTO).

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 Dangote reduces petrol price to N1,165, diesel to N1,570


The Dangote Petroleum Refinery says it has reduced the ex-depot prices of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) as part of efforts to make petroleum products more affordable.


Under the new pricing structure, the refinery reduced the price of petrol from N1,215 per litre to N1,165, representing a N50 reduction, while diesel was cut from N1,650 per litre to N1,570, amounting to an N80 reduction.


In a statement signed by the Dangote Group on Wednesday, the refinery said the price review was aimed at enhancing energy affordability, improving access to refined petroleum products and supporting economic activities across Nigeria.


According to the refinery, the move reflects its commitment to providing “affordable, high-quality petroleum products to the Nigerian market.”


It added that it remained committed to ensuring stable supply while leveraging operational efficiencies to deliver value to consumers, businesses, and stakeholders.


The company said it would continue to pass on the benefits of improved operational efficiencies to consumers whenever market conditions permit.


It stated that the refinery continues to play a pivotal role in strengthening Nigeria’s energy security, reducing reliance on imports, and supporting the nation’s economic development through the supply of world-class petroleum products.


“Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian market.


“Under the new pricing structure, the refinery has reduced the ex-depot price of PMS to N1,165 per litre, down from N1,215 per litre, representing a reduction of N50 per litre. Similarly, the ex-depot price of Diesel has been reduced to N1,570 per litre from N1,650 per litre, amounting to a decrease of N80 per litre.


“The price review reflects Dangote Refinery’s ongoing efforts to enhance energy affordability, improve access to refined petroleum products, and support economic activities across Nigeria,” the statement read partly.

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