Connect with us

Headlines

Our PMS is cheaper than imported ones -says Dangote

Published

on

Nasiru Yusuf Ibrahim

Dangote Refinery has disclosed its petrol prices following the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) claiming to be importing the products at cheaper rates compared to that of Dangote.

KANO FOCUS reports that an IPMAN official, in an interview with Arise News, said the oil marketers are buying at cheaper rates abroad while calling on Dangote Refinery to engage stakeholders.

But the refinery, in its reactions, disclosed that it petroleum products are soled into trucks at N990 per litre and N960 per litre into ships.

In a statement released Sunday night and signed by Anthony Chiejina, Group Chief Branding and Communications Officer, the refinery said it followed the pricing benchmark by the Nigerian National Petroleum Company Limited (NNPCL), adding that it go lower in pricing for selling into ships.

“At the same time, an international trading company has recently hired a depot facility next to the Dangote Refinery, with the objective of using it to blend substandard products that will be dumped into the market to compete with Dangote Refinery’s higher quality production.

“This is detrimental to the growth of domestic refining in Nigeria. We should point out that it is not unusual for countries to protect their domestic industries in order to provide jobs and grow the economy. For example, the US and Europe have had to impose high tariffs on EVs and microchips in order to protect their domestic industries,” the statement partly reads.

Continuing, Dangote noted that those claiming to be buying at cheaper rates compared to its refinery “are importing substandard products and conniving with international traders to dump low-quality products into the country, without concern for the health of Nigerians or the longevity of their vehicles. Unfortunately, the regulator (NMDPRA) does not even have laboratory facilities which can be used to detect substandard products when imported into the country.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Kwankwaso commends IGP over probe into Dadiyata’s disappearance

Published

on

 

Nasiru Yusuf Ibrahim

A former Governor of Kano State Dr. Rabiu Musa Kwankwaso, has commended the Inspector-General of Police, Olatunji Disu, for ordering a fresh investigation into the disappearance of activist and lecturer Abubakar Idris Dadiyata.

KANO FOCUS reports that Kwankwaso made the remarks in a statement posted on his Facebook page on Saturday following recent testimony by a former aide to an ex-state governor, who allegedly claimed that police officers were responsible for Dadiyata’s disappearance in Kaduna.

Dadiyata, a lecturer and social media commentator, was abducted in 2019, and his whereabouts have remained unknown since then.

According to Kwankwaso, he and his associates have consistently advocated for a thorough investigation into the incident and for those responsible to be brought to justice.

He described the Inspector-General’s directive for a comprehensive investigation as a “decisive and long-overdue action,” expressing hope that the process would uncover the truth behind the disappearance.

The former governor also urged police authorities to place individuals named in the allegations under close surveillance to prevent interference with the investigation.

Kwankwaso further called on the government to ensure that Dadiyata, if found alive, and his family receive adequate compensation for the trauma and hardship they have endured over the years.

He commended members of the public for sustaining advocacy efforts on the case and also praised Abba Hikima Fagge for what he described as his important role in the latest developments surrounding the investigation.

Kwankwaso expressed optimism that the renewed probe would ultimately deliver truth and justice in the case.

Continue Reading

Headlines

Dangote Refinery maintains ex-depot price of PMS

Published

on

 

Nasiru Yusuf Ibrahim

Dangote Petroleum Refinery and Petrochemicals Limited has announced that its ex-depot price of Premium Motor Spirit (PMS) remains unchanged, reaffirming its commitment to stability in Nigeria’s domestic energy market.

 

In a statement issued by Esan Sunday, Head of Media Relations, Branding and Communication, the company said sustaining the current price reflects its efforts to cushion the broader economy against external shocks. It noted that by absorbing prevailing cost pressures, the refinery is helping to moderate inflationary risks, promote energy affordability, and ensure uninterrupted fuel supply amid ongoing global uncertainties.

 

The company reiterated its dedication to the steady supply of high-quality petroleum products to the Nigerian market, while aligning with national objectives of price stability and energy security.

 

It also urged the public to rely solely on official communications from the refinery for accurate and up-to-date information regarding its operations and pricing.

 

 

Continue Reading

Headlines

Tinubu congratulates Garo on appointment as Kano deputy governor

Published

on

 

Nasiru Yusuf Ibrahim

 

President Bola Ahmed Tinubu has congratulated Alhaji Murtala Sule Garo on his emergence as the Deputy Governor of Kano State following his swearing-in on Tuesday.

 

KANO FOCUS reports that Garo was sworn in by Governor Abba Kabir Yusuf after being nominated to fill the vacancy created by the resignation of former deputy governor, Comrade Aminu Abdulsalam.

 

In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described Garo’s appointment as a positive step toward strengthening unity within the All Progressives Congress (APC) in Kano State.

 

The President noted that the 48-year-old politician has held several public offices, including Chairman of Kabo Local Government Area and Commissioner for Local Government and Chieftaincy Affairs during the administration of former governor Abdullahi Umar Ganduje. He also served as the APC governorship running mate in the 2023 general elections.

 

Tinubu commended Governor Yusuf for the appointment, urging political stakeholders in the state to rally behind the administration to ensure stability and progress.

 

He also called on the new deputy governor to work closely with the governor in delivering effective leadership and accelerating development in Kano State.

 

The President wished Garo success in his new role.

 

Continue Reading

Trending