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BREAKING: NNPCL Confirms Buying 16.8 Million Litres Of Petrol From Dangote At N898 Per Litre—-The Nigeria National Petroleum Company Ltd (NNPCL) has confirmed that it bought petrol from Dangote refinery at N898 per litre and has so far received 16.8 million litres of PMS.

In a chat with Nairametrics, the Corporate Communications Manager of the company, Olufemi Soneye stated that claims that it bought PMS at N1,300 or N760 were incorrect and the N898 was the current loading price.

He said, “We successfully loaded PMS at the Dangote Refinery today. The claim that we purchased it at N1,300 per liter or N760 is incorrect. For this initial loading, the price from the refinery was N898 per liter. The price is determined by market forces. Its a deregulated market. I can also confirm, in response to inquiries, that we will receive 16.8 million liters.”

The NNPC began loading PMS from the Dangote refinery on Sunday 15th September, 2024 after months of delays both from the NNPC on the price and other business details and also the final work on the part of the refinery.

Before operations began, Femi Soneye, Chief Corporate Communications Officer (CCCO) of NNPC Ltd, announced on Saturday that by the end of the day, at least 300 trucks would be positioned at the refinery’s loading gantry, ready for the scheduled petrol loading on Sunday, September 15.

Backstory

 

Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, recently announced that NNPCL would serve as the exclusive off-taker for refined petrol from the Dangote Refinery.

  • During the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira, Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), representing the Finance Minister, explained that while diesel from Dangote Refinery would be available for purchase in Naira to any interested off-taker, PMS (petrol) would only be sold to NNPCL, which would then distribute it to various marketers.
  • Additionally, he confirmed the finalisation of agreements and procedures for implementing the Federal Executive Council (FEC) approval, which allows for the sale of crude oil to local refineries in Naira and the corresponding purchase of petroleum products in Naira. This decision was previously endorsed by the FEC under President Tinubu’s leadership.
  • The government explained that this initiative was designed to ease pressure on the Naira, cut down on unnecessary transaction costs, and enhance the availability of petroleum products across the country.

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BREAKING: Harry Maguire 121st Minutes Header Send Manchester United To The UEFA Europa League Semis As Lyon Fumbled 2 Goals Lead

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Maguire 121st Minutes Header Send Manchester United To The UEFA

BREAKING: Harry Maguire 121st Minutes Header Send Manchester United To The UEFA Europa League Semis As Lyon Fumbled 2 Goals Lead—-Harry Maguire was the hero as Manchester United reached the Europa League semi-finals in astonishingly fashion, beating Lyon 5-4 on an unforgettable night at Old Trafford when both teams blew two-goal leads, advancing 7-6 on aggregate.

Thrashed 4-1 at Newcastle United in the Premier League last time out, Ruben Amorim needed a positive reaction from his men – and it came quickly, Manuel Ugarte sweeping home on 10 minutes to complete a slick team move and notch his first Old Trafford goal.

Back between the sticks after being left out of the trip to Newcastle following his pair of costly mistakes in United’s 2-2 first-leg draw, Andre Onana made a point of celebrating his side’s opener in front of the travelling Lyon fans.

Diogo Dalot’s goal in stoppage time capped a hugely encouraging first half in which United showed great aggression to take the game to Lyon and go in two goals up at the break for the first time since November.

Man Utd remained well on top the first 25 minutes of the second half but, after Alejando Garnacho had missed a chance to make it 3-0 on the night, found themselves facing a nervy finale when Corentin Tolisso pulled a goal back for Lyon.

And when Nicolas Tagliafico bagged an equaliser seven minutes later, things became more than nervy.

Tolisso’s red card shortly before the end of normal time ought to have handed the initiative back to Man Utd, but the hosts appeared shellshocked from throwing away such a healthy-looking advantage.

Lyon came out all guns blazing at the start of extra time to go 4-2 up on the night and lead 6-4 on aggregate, Rayan Cherki putting his side ahead before former Arsenal forward Alexandre Lacazette’s penalty seemed to have put the tie to bed.

But the second half of extra time was to prove to be one of the most dramatic periods of football Old Trafford has witnessed in its long and glorious history.

A Bruno Fernandes penalty gave Man Utd hope, before substitute Kobbie Mainoo struck in the 120th minute to, seemingly, send the tie to penalties.

There was to be no need for the lottery of a shootout, though, as, barely one minute later, Maguire, pushed up front as an emergency centre-forward once again, sparked unadulterated pandemonium by meeting Casemiroqw’s cross to head home a winner which had seemed so far away barely six minutes earlier.

Man Utd’s progression keeps alive their hopes of sealing Champions League qualification as Europa League winners, an achievement which would go some way to mitigating what looks set to be their lowest league finish for 35 years.

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BREAKING: Chelsea Through To UEFA Conference League Semis Despite Shock Home Defeat To Legia Warsaw

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Chelsea Through To UEFA Conference League Semis

BREAKING: Chelsea Through To UEFA Conference League Semis Despite Shock Home Defeat To Legia Warsaw—-Chelsea reached their first European semi-final under their BlueCo ownership, though you would not have known it by the reaction at the full-time whistle.

Fans booed as confirmation came of this second-leg loss to a side sitting fifth in the Polish Ekstraklasa, despite Enzo Maresca turning to his A-listers for the visit of Legia Warsaw.

Cole Palmer and Nicolas Jackson took themselves to 15 and 12 games without scoring respectively, and there were further jeers from fans when they felt the football was too tedious.

Chelsea are overwhelming favourites to secure this trophy, but still need to win over their fanbase.

Those arriving at Stamford Bridge thought with such a comfortable lead from the first leg, Enzo Maresca would turn to the Cobham conveyor belt. They supposed wrong. Maresca’s substitutes’ bench was certainly chokka with academy kids, but his actual line-up was of Premier League strength, which was surprising with an important trip to Fulham less than 72 hours away.

Even Palmer started. He had not scored in any competition since January 14. He should have got a goal here after 84 seconds when one-on-one with Vladan Kovacevic but the out-of-form Englishman missed the target entirely.

When Christopher Nkunku was then denied by Kovacevic, Palmer rushed on to the rebound. He tried a diving header, but Legia’s goalkeeper recovered to produce a super save.

Legia’s first attack after 10 minutes led to them scoring as Chelsea goalkeeper Filip Jorgensen crashed into Tomas Pekhart to concede a penalty. Pekhart took it himself, scoring to make it 1-0 on the night and 3-1 on aggregate despite Jorgensen diving the right way.

Legia should have further reduced the deficit when Ryoya Morishita broke behind unmarked, but he dragged wide when facing down Jorgensen.

After 32 minutes, Jadon Sancho crossed low, Marc Cucurella tapped in, and Chelsea’s three-goal advantage on aggregate was restored. They had not scored in any of their last eight first halves but had now. Cucurella thought he had added another before the break, but VAR correctly disallowed it for an offside in the build-up.

At half-time, Maresca replaced Jackson with Tyrique George, the 19-year-old who went up top. After 50 minutes, another youngster in Josh Acheampong lost possession carelessly in midfield as Legia broke forward, with Jorgensen needed to stop Luquinhas from scoring.

The visitors won a corner from that move, and the out-swinger was volleyed towards goal by Claude Goncalves before being helped in by Steve Kapuadi for 2-1.

Chelsea’s fans were frustrated and as was the case in Sunday’s draw with Ipswich, they let it known by jeering as their team tried to pass their way out of the back. Legia’s away support responded by lighting dozens of flares.

Maresca’s side went in search of a leveller with Noni Madueke and George both denied by goal-line clearances. Jorgensen was relieved when another penalty was not awarded against him after colliding with Luquinhas, and George was frustrated when the offside flag denied him a goal.

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