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BREAKING: NNPCL Confirms Buying 16.8 Million Litres Of Petrol From Dangote At N898 Per Litre

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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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JUST IN: Maresca Suffers Arsenal Defeat Again as Manchester City Lose Community Shield 3–0

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JUST IN: Maresca Suffers Arsenal Defeat Again as Manchester City Lose  Community Shield3–0—-Enzo Maresca’s competitive debut as Manchester City manager ends in disappointment as Arsenal cruise to victory in Cardiff and lift the Community Shield.

Enzo Maresca’s first competitive match in charge of Manchester City ended in a nightmare as Arsenal swept aside the FA Cup holders 3–0 to claim the 2026 Community Shield at the Principality Stadium in Cardiff.

The defeat means Maresca has suffered another setback against Arsenal, having previously faced the Gunners during his time at Chelsea. But this loss will carry particular significance, coming in his first competitive game since taking over from Pep Guardiola at City.

Calafiori Strikes Inside 24 Seconds

Arsenal needed less than a minute to take control.

Riccardo Calafiori opened the scoring after just 24 seconds, finishing from Myles Lewis-Skelly’s delivery to give Mikel Arteta’s side a dream start. It was reported as the fastest Community Shield goal in 58 years.

The early goal immediately put City under pressure and gave Arsenal confidence as they looked to exploit the uncertainty surrounding Maresca’s new-look side.

Havertz Doubles Arsenal’s Lead

Arsenal continued to dominate and eventually doubled their advantage in the 28th minute.

Kai Havertz found the net after goalkeeper Gianluigi Donnarumma failed to deal convincingly with the situation, leaving Arsenal with a commanding 2–0 lead before half-time.

City struggled to generate a sustained attacking response, with Arsenal’s defensive organisation limiting the opportunities available to Erling Haaland and Phil Foden.

Ødegaard Completes the Rout

The Gunners completed the victory early in the second half when captain Martin Ødegaard added a third goal.

Christos Tzolis was involved in another Arsenal attacking move, while Ødegaard produced a composed finish to effectively put the contest beyond City’s reach.

Arsenal’s defence then held firm to preserve a clean sheet and secure a convincing victory.

A Nightmare Start for Maresca

The result could hardly have been more difficult for Maresca.

The Italian was appointed as Guardiola’s successor after City entered a new era following the Spaniard’s departure. The Community Shield represented Maresca’s first competitive opportunity to demonstrate that he could lead the club back to the top of English football.

Instead, Arsenal exposed several weaknesses in his team, particularly in defensive organisation and their ability to control the match after falling behind.

Maresca had previously said one of his ambitions at City was to close the gap on Arsenal, who finished as Premier League champions last season. His first competitive meeting with the Gunners therefore provided an immediate test of that ambition.

Arsenal Send Early Warning

For Arteta and Arsenal, the victory provides an early statement ahead of the new Premier League campaign.

The Gunners looked sharp, aggressive and confident, while their new additions and returning players fitted smoothly into Arteta’s system.

The Community Shield does not determine the Premier League title race, but Arsenal’s performance will undoubtedly strengthen belief among their supporters that the champions are ready to defend their crown and compete for further silverware.

For Maresca, however, there is now plenty of work to do.

Manchester City’s new era has begun with a heavy defeat, while Arsenal have already sent a clear message to their rivals: they are ready for another fight at the top.

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Politics

BREAKING: After Historic Osun Victory, Adeleke Backs Tinubu for 2027 Re-Election

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BREAKING: After Historic Osun Victory, Adeleke Backs Tinubu for 2027 Re-Election—-Fresh from securing a second term as Osun governor under the Accord Party, Ademola Adeleke has reaffirmed his support for President Bola Tinubu’s bid for another term in 2027.

Osun State Governor Ademola Adeleke has reaffirmed his support for President Bola Ahmed Tinubu’s bid for re-election in 2027, shortly after securing another four-year term as governor of the state.

Adeleke made the declaration in his victory speech following his successful re-election in the August 15 governorship election, where he contested under the Accord Party after leaving the Peoples Democratic Party (PDP).

The governor’s renewed endorsement of Tinubu adds another significant dimension to his remarkable political journey. Adeleke won his first term as governor in 2022 on the PDP platform but subsequently moved to Accord ahead of the 2026 election, successfully defending his seat as an incumbent under his new party.

Adeleke Praises Tinubu After Election Victory

In his post-election remarks, Adeleke expressed appreciation to President Tinubu, who had called to congratulate him on his victory.

The Osun governor praised the President for what he described as his role in ensuring that democracy continued to thrive, while acknowledging Tinubu’s congratulatory gesture following the election.

Adeleke’s comments represent a notable development given the political rivalry and tensions that characterized the build-up to the Osun election.

Before the poll, the governor had repeatedly called on the Federal Government and security agencies to ensure a free, fair and peaceful election. His campaign also exchanged accusations with the APC over the conduct of the electoral process and the role of federal authorities.

Renewed Support for Tinubu’s 2027 Ambition

Adeleke’s endorsement of Tinubu for 2027 is not entirely new.

The governor had previously declared his support for Tinubu’s re-election campaign before the Osun governorship election. In June, while formally launching his Accord Party re-election campaign, Adeleke described his support for the President as “unshaken and total.”

He again reaffirmed that position after winning the Osun election, emphasizing his continued backing for the President’s second-term ambition. Vanguard and Punch both reported the governor’s renewed endorsement following his victory.

Adeleke also described Tinubu as a son of Osun, further highlighting the personal and political connection he says exists between the President and the state.

Adeleke’s Historic Political Switch

The endorsement comes just days after Adeleke achieved a major political feat by retaining the Osun governorship despite switching parties.

The governor was elected in 2022 as a PDP candidate but later abandoned the party following a prolonged internal crisis. He subsequently joined Accord and secured the party’s ticket to contest the 2026 election.

His decision created considerable political uncertainty because he was defending his position as an incumbent governor without the PDP structure that had originally brought him to power.

Adeleke ultimately overcame the challenge, winning another term under Accord and strengthening his position as one of the country’s most prominent politicians outside the traditional major-party platforms.

Tinubu Congratulates Adeleke

President Tinubu has also congratulated Adeleke on his re-election, describing the result as a reflection of the will of the people.

The President said the outcome demonstrated that democracy continues to flourish in Nigeria and urged the governor to use his renewed mandate to serve the people of Osun State.

The development creates an interesting political dynamic ahead of 2027, with Adeleke now firmly positioned as an Accord governor who is publicly supporting the incumbent President’s re-election bid.

For Adeleke, the immediate priority will be delivering on the mandate he has just received from Osun voters. But his decision to publicly back Tinubu also signals that his political calculations extend beyond the state and into the increasingly important national contest ahead of the 2027 presidential election.

After securing a historic second term under Accord, Adeleke has now turned his attention toward the next political battle — throwing his weight behind Tinubu’s bid to remain President beyond 2027.

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