Yinka Folami Emerges 45th NANTA President

Published

2 years ago

April 27, 2024

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Yinka Folami Emerges 45th NANTA President—-Mr Yinka Folami, Chief Executive Officer of Travel and Logistics Centre Ltd., on Friday emerged the 45th National President of the National Association of Nigerian Travel Agencies (NANTA).

This was announced shortly after NANTA’s elective Annual General Meeting, held in Lagos.

Folami beat his co-contestant, Mr Daisi Olotu with a vote margin of 128, as Folami got 283 votes while Olotu got 155 votes.

Also, Mrs Chinyere Umeasiegbu, founder of Global Links and Services, emerged the first National Deputy President of the association.

Dr Olatokunbo Dagunduro, Chief Executive Officer, Rhapsody Travels and Tours Ltd., also emerged the second deputy president of the association.

Mr Yinka Ladipo won as the Financial Secretary; Mr Abdulrazak Ibrahim, the Treasurer; Mr Johnson Ugochukwu, the Internal Auditor; Mrs Adelola Adewole as Publicity Secretary and Mr Yinka Olapade, the Vice President in Lagos zone.

Other executive members are: Mr Nasir Chamo, Vice President North; Mr Ehiogie Hope, Vice President East; Mr Babatunde Adesokan, Vice President West and Mrs Kemabonta Uloma, Vice President Abuja office.

In his remarks, Folami said: “I congratulate every member of NANTA that gave me this support, this victory is for all of us, we will continue from where this immediate past administration stopped.

“Mrs Susan Akporiaye stood for empowerment and recognition for NANTA, we will continue with this.

“Congratulations to Mr Daisi, my opponent, because he offered himself to serve. He is someone I respect and honour so much.

“I will keep my promise to ensure we live harmoniously and remain focused. With you all, NANTA will move forward.”

Earlier, Mrs Susan Akporiaye, the immediate past president of the association, appreciated all members for their cooperation in the course of her tenure.

Akporiaye gave out presidential awards to appreciate the North zone for its determination and resilience as well as the Eastern zone, who she said was the most active and proactive zone in noticable transformation.

She also presented a presidential award of recognition to Golden Gates Travels, located in Singapore, for the agency’s transparency and honesty to members of the association over the years.

Akporiaye commended all members of staff of the association for their dedication and hardwork during her tenure as the president of the association.

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BREAKING: Dangote Refinery Hikes Petrol And Diesel Prices Amid Economic Strain

Published

1 month ago

March 9, 2026

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BREAKING: Dangote Refinery Hikes Petrol And Diesel Prices Amid Economic Strain—-Dangote Petroleum Refinery has revised its ex-depot prices, increasing the gantry price of Premium Motor Spirit (PMS), or petrol, to ₦1,175 per litre, while Automotive Gas Oil (AGO), commonly known as diesel, has been raised to ₦1,620 per litre.

The latest revision marks the fourth consecutive price review in less than two weeks amid global market volatility, according to a report by Petroleumprice.ng.

Quoting industry sources, the report noted that the new pricing template has been communicated to marketers, following earlier adjustments this month.

Under the revised structure, the ₦1,175 per litre petrol price reflects a significant jump from the previous ₦995 per litre, while diesel has surged sharply from its prior ₦1,430 per litre level, underlining the continued upward trend in domestic fuel pricing.

The development is likely to have a ripple effect across Nigeria’s downstream petroleum market, as depot operators and fuel marketers adjust supply costs in response to the revised prices announced by the country’s largest refining facility.

The refinery had yet to issue an official statement on the development as of the time of filing this report.

Oil prices soared 30 per cent today on fears about supplies from the Middle East, as the US-Israeli war against Iran continued into a second week with no sign of letting up.

Fears grew that the Middle East conflict could last for some time after US President Donald Trump said only the “unconditional surrender” of Iran would end the war.

He added at the weekend that the spike in prices was a “small price to pay” to eliminate Iran’s nuclear threat, reiterating the White House’s insistence that the rise is temporary.

Since the beginning of the war, WTI is up more than 75 per cent and Brent more than 60 per cent.

Attacks on oilfields were reported in southern Iraq and in the northern autonomous Kurdistan region, which forced a US-run oilfield to cease production, while the United Arab Emirates and Kuwait have started reducing output.

That came with maritime traffic in the Strait of Hormuz — through which a fifth of global crude and gas passes — halted since the war began on February 28.

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JUST IN: Dangote Refinery Increases Petrol Price as Middle East Tensions Put Upward Pressure on Crude

Published

2 months ago

March 2, 2026

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JUST IN: Dangote Refinery Increases Petrol Price as Middle East Tensions Put Upward Pressure on Crude—Dangote Refinery has increased its Premium Motor Spirit gantry price.
The 650,000-barrel-per-day refinery increased its petrol price to N874 per litre, up from N799.

This means that the African’s largest refinery adjusted its petrol price by N75 per litre on Monday.

The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, confirmed Dangote Refinery’s price hike to Newsmen exclusively on Monday.

According to him, the move comes amid a hike in global crude oil prices following the Iran-United States-Israel conflict escalation in the past three days.

“It is due to global crude oil price volatility following the Iran-US-Israel war. It is the ripple effect of ongoing conflict,” he told Newsmen.

According to him, the development would trigger a retail fuel price hike nationwide.

The Genius Media Nigeria reports that on Monday, Brent and West Texas Intermediate crude blends rose to $78.50 and $71.84 per barrel, respectively, up from $72.87 and $67.02 on Saturday.

Recall that on January 27, Dangote Refinery had hiked its petrol price by N100 per litre to 799 per liter.

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