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Top 5 Stories Of The Day | Dangote Reveals the Price of Petrol and Calls Imported Petrol ‘Substandard’

Top 5 Stories Of The Day | Dangote Reveals the Price of Petrol and Calls Imported Petrol ‘Substandard’
  • Dangote reveals the price of petrol and calls imported petrol ‘substandard’
  • SSANU and NASU suspended the strike for a month
  • Police arrest 113 foreigners and 17 Nigerians over cybercrimes
  • FG shares ₦18bn compensation for Lagos-Calabar highway
  • Man imprisoned for attempting to write daughter’s JAMB exams

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss.

Dangote reveals the price of petrol and calls imported petrol ‘substandard’

Top 5 Stories Of The Day | Dangote Reveals the Price of Petrol and Calls Imported Petrol ‘Substandard’

Dangote Group released a public statement regarding its argument with oil marketers IPMAN and PETROAN after the two associations had claimed that they could import petrol at a cheaper rate than what Dangote was offering.

According to the Dangote statement by Group Chief Branding and Communications Officer, Anthony Chiejina, Dangote Refinery claimed its petrol selling price was benchmarked against international prices, and if anyone says they could import at a cheaper rate than what is being sold by Dangote, then they were importing substandard products and in cohorts with international traders to distribute low-quality products to Nigerians.

Dangote also revealed that they had reduced their petrol selling price to ₦960/litre for ships and ₦990/litre for trucks after the NNPC had set the selling price for ships at ₦971/litre.

SSANU and NASU suspended the strike for a month

Top 5 Stories Of The Day | NASU and SSANU Embark on an Indefinite Nationwide Strike

The Joint Action Committee (JAC) has announced that it would be suspending its indefinite strike for a month after a week of embarking on strike.

The Non-Academic Staff Union of Educational and Associated Institutions (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) both went on strike to protest against the government’s refusal to pay their four-month withheld salaries.

However, starting Tuesday, November 5, both unions will suspend their strike for a month as the federal government has reached out to them and agreed to pay two out of the four months of debt owed to them. Therefore, the strike will no longer continue as part of their needs have been met.

Police arrest 113 foreigners and 17 Nigerians over cybercrimes

The Nigeria Police Force (NPF) has announced that it arrested 130 culprits (113 foreigners and 17 Nigerians) who were suspected of partaking in cybercrime activities that could threaten national security.

According to Olumuyiwa Adejobi, a spokesman for the NPF, the arrested included 113 foreign nationals (87 males and 26 females, Chinese and Malaysians) and 17 Nigerians (four males and 13 females).

This strategic operation was conducted through a coordinated raid on a building at the Next Cash and Carry area of Jahi, Abuja, where the suspects were reportedly using computers and other sophisticated devices to facilitate criminal activities,” the statement reads.

FG shares ₦18bn compensation for Lagos-Calabar highway

Top 5 Stories Of The Day | Dangote Reveals the Price of Petrol and Calls Imported Petrol ‘Substandard’

The federal government through the Minister of Works, David Umahi, has announced that it would be awarding ₦18 billion to compensate those affected by the Lagos-Calabar highway construction.

The minister claimed that everyone listed in section 1 of the compensation list should receive their payments within 10 days.

“I wouldn’t have been able to respond if you had asked me this question earlier. But let me say clearly and emphatically that I’m quite frustrated with this situation. However, my hands are tied by the law. I understand that I’ve already lost some properties to arrangements like this,” he said.

Man imprisoned for attempting to write daughter’s JAMB exams

A man identified as ‘Professor’ Jide Josiah Jios has been sentenced to six months imprisonment with an option of a ₦100,000 fine by the Magistrate Court in Wuse Zone 2, Abuja, for impersonating his daughter and attempting to write her 2019 JAMB exams for her.

The man was caught by officials of the Joint Admissions and Matriculation Board (JAMB) while monitoring the UTME at Brix Academy in Abuja and his sentence was passed by Chief Magistrate Honourable Justice Folashade Oyekan on October 24, 2024.

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