The Chief Executive Officer of the Dangote Refinery, David Bird, has clarified that the facility purchases Nigerian crude oil at international benchmark prices despite the Federal Government’s crude-for-naira initiative. Bird made the disclosure during a media briefing in Lagos on Monday, explaining that the refinery does not benefit from discounted crude and remains fully exposed to global market conditions. According to him, the crude-for-naira framework does not translate into preferential pricing for the refinery, as Nigerian crude supplied to the plant is still sold at prevailing global benchmark rates. “Even under the crude-for-naira arrangement, Nigerian crude is purchased at international…
Author: Naija Daily News
The Federal Government of Nigeria has begun consultations on plans to introduce age restrictions for social media use as part of efforts to strengthen online safety for children across the country. To support the initiative, the Federal Ministry of Communications, Innovation and Digital Economy has launched a public poll seeking input from parents, educators, young people and digital experts on how best to regulate children’s access to social media and other digital platforms. According to the ministry, the initiative aims to develop a balanced and evidence-based policy framework that protects children from online risks while preserving the educational and social…
Photo: Mojtaba Khamenei, Iran’s new supreme leader Iran’s elite military force, the Islamic Revolutionary Guard Corps, has warned that it will prevent oil shipments from leaving the Middle East if attacks by the United States and Israel continue. The warning on Tuesday triggered a strong response from US President Donald Trump, who threatened that Washington would retaliate far more forcefully if Iran attempted to block oil exports. According to Reuters, the escalating rhetoric had little impact on financial markets, where crude prices fell and global shares rallied after Trump suggested the war might end soon. The Iranian military body said…
Islamist militants killed at least 12 soldiers and three civilians in coordinated overnight attacks in northeast Nigeria, military sources and residents said on Monday, as attacks on armed forces intensify. A 17-year Islamist insurgency in the region has killed thousands of people and displaced 2 million, according to aid groups, despite major military campaigns The assaults in Kukawa, Dalwa and Goniri came days after a similar on an army post in Ngoshe and showed the militant groups’ ability to hit multiple fronts at once. Boko Haram and Islamic State West Africa Province (ISWAP) fighters swept into Kukawa district in Borno state…
Youth groups from Ogoniland on Monday staged a protest in Port Harcourt, Rivers State, accusing the Nigerian National Petroleum Company Limited (NNPCL) of neglecting the development of the Federal University of Environment and Technology, Saakpenwa. The protesters, operating under the aegis of the Ogoni Youths Development Initiative in collaboration with the South-South Youths Initiative, marched through major streets of Port Harcourt, demanding immediate funding and support for the institution. During the demonstration, the youths carried placards bearing inscriptions such as “NNPC Pay FUET Contractors,” “NNPC Adhere to Mr President’s Directive,” “NNPC Fund Our Ogoni University,” and “Ogoni University Must Be…
Governor Dauda Lawal has formally defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), citing prolonged internal crises and leadership disagreements within his former party. The development was announced in a statement issued on Monday by Nuhu Salihu Anka, who said the decision followed extensive consultations with political leaders, elders, and supporters across Zamfara State. According to the statement, the move was taken in the interest of the state’s stability, progress, and sustainable development. Lawal explained that the PDP has been grappling with persistent internal challenges at both national and state levels, including leadership disputes and…
Tension is mounting in Borno State following the circulation of a viral video showing about 18 underage children dressed in military-style uniforms celebrating in a forested area. In the footage, the children appear fully kitted in uniform and are seen standing in a straight line while jubilating in what looks like an isolated forest. Although the exact location where the video was recorded has not been confirmed, some residents believe the children may be from the Ngoshe axis in Gwoza Local Government Area of Borno South Senatorial District. This assumption is based on the language reportedly spoken by the children…
The Dangote Refinery and Petrochemicals has increased its gantry price for Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per litre, up from N995 per litre. The development was confirmed on Monday by the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi on Monday. Maigandi also disclosed that several other fuel depots are currently selling petrol at higher rates, with prices reaching N1,200 per litre. An industry source noted that while the Dangote refinery had fixed its price at N1,175 per litre, another depot—Pinnacle Oil and Gas—was selling the product at N1,200 per…
The Court of Appeal of Nigeria sitting in Abuja has affirmed a November 14 judgment delivered by Justice Peter Lifu of the Federal High Court, which restrained the Peoples Democratic Party (PDP) from proceeding with its November 15–16 national convention in Ibadan without allowing former Jigawa State governor, Sule Lamido, to participate as a chairmanship candidate. In a unanimous judgment, a three-member panel of the appellate court held that the PDP’s decision to conduct the convention despite the subsisting Federal High Court order amounted to contempt and demonstrated disrespect for the court. The panel noted that it was undisputed that…
Photo: US President Donald Trump A deadly strike on a girls’ school in southern Iran has triggered international condemnation after reports emerged that the attack may have been carried out by the United States during the early phase of the ongoing conflict in the region. Iranian authorities said the strike hit a primary school in the port city of Minab in Hormozgan province, killing scores of schoolgirls and teachers and injuring many others. Officials put the death toll at more than 160, most of them girls aged between seven and twelve. The attack occurred during a wave of coordinated air…