The PUNCH: Barely three weeks after raising the price of Premium Motor Spirit, popularly known as petrol, Nigerians were outraged when the Nigerian National Petroleum Company Limited on Tuesday adjusted the pump prices of the commodity, as oil marketers foresee further price hikes in the short term.
Vanguard: The Nigerian National Petroleum Company Limited, NNPCL, yesterday, adjusted the price of Premium Motor Spirit, PMS, also known as petrol, to N1,025 per litre, from N998 per litre, in Lagos and environs. Similarly, in Abuja, the price of the product rose to N1,060 from N1,030, in what has become the third increase in the price of the product in two months.
ThisDay: President Bola Tinubu yesterday said with the current Naira-based sale of crude oil and refined products, there will be some level of stability in the downstream sector. Tinubu, who spoke during a review meeting of the technical committee on implementation of the new arrangement at State House, Abuja, urged members of the committee to resolve any teething problems.
The Nation: Business mogul Aliko Dangote yesterday advised the Nigerian National Petroleum Company Limited (NNPCL) and oil marketers to stop the importation of petrol. He told them that Dangote Refinery is capable of meeting local needs. He spoke after a meeting of the Implementation Committee on Crude Oil and Refined Products Sales in Naira in Abuja, which he attended.
Daily Trust: The ongoing political rivalry between Senators Aliyu Magatakarda Wamakko and Ibrahim Lamido is taking on new dimensions, fracturing Sokoto’s traditional rulers along support lines. Both senators are locked in a battle to control the ruling All Progressives Congress (APC) in Sokoto, with Wamakko regarded as the party’s leader and godfather of the current governor, while Lamido seeks to undermine Wamakko’s influence and seize the reins.
