No plan to increase petrol price to N700 per litre - IPMAN – Newstrends
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No plan to increase petrol price to N700 per litre – IPMAN

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged Nigerians to disregard the speculation that its members were planning to increase the price of a litre of premium motor spirit, otherwise called petrol to N700.00.

IPMAN made the clarifications while urging Nigerians not to engage in panic buying as the the price of petrol would not be more that what is being sold presently nationwide.

Alhaji Dele Tajudeen, Chairman of IPMAN Southwest Zone, made the clarification while reacting to rumours of alleged plan by IPMAN members to increase price of petrol in Ibadan on Friday

According to him, the slight increase in pump price was because of the transportation cost and that Nigerians should be at rest as the commodity will not be out of reach for the masses.

“I want to disabuse the mind of the people that they should not panic about it, there is no cause for alarm, we are in control and there is nothing like that.

“So, people should be rest assured that there is no way they can buy petrol more than the price it is being sold now.

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“If we look at the price from NNPC retail limited, which is an integral part of NNPC limited, they have more advantages than independent marketers and major marketers.

”So, it was the retail price that they announced they had never given a specific price to the independent marketers.

“However, I have read what somebody put into the paper, it is just speculation it is not a reality. Nothing like that I want to assure the masses.

“There is no how the price can go to N700 as we speak, because even if the FX is N700 or N800 that has not nothing to take the price of petroleum from N500 to N700,” Tajudeen said.

He noted that the product had been deregulated, hence the differential in prices was due to transportation as it is related to location.

”If you are moving products within Lagos the price may not be more than N300,000 but if you are moving up to Ibadan or there about it could be as much as N500,000.

”And if you are going to Ilorin, it could be as high as N700,000 that would account for differential in prices.

“I want to say with all sense of authority that as of today within Lagos metropolis nobody should sell more than N515 to N520 per litre.

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”Though NNPC has given us the price but the reality of it is that what we buy from the market; because NNPC limited is not the only source for our product, we get from private depots.

“So, whatever we buy is what we put our own margin and sell.

”But as of today, the highest you can get anywhere should be around N550; Lagos N510 per litre; Ogun State between N500 and N520,” Tajudeen said.

Tajudeen, also said IPMAN is in total support of the removal of petrol subsidy by President Bola Ahmed Tinubu.

“Even in PIA bill, it has been clearly stated that the subsidy must be removed.

”So, I want to commend him for removing the subsidy and I want to say that we are in support totally. This is because the subsidy was a scam.”

Meanwhile, a coalition of Civil Society Organisations (CSOs) had vowed to resist the alleged planned increase in pump price of petrol

They made their position known in a statement jointly signed by the Convener, Dr Basil Musa; and Co-Convener, Malam Haruna Maigida, in Abuja on behalf of others.

They vowed to resist by picketing IPMAN members’ filling stations across the country.

They accused the IPMAN of running a parallel government and inflicting pains on ordinary Nigerians by their unilateral adjustment of price of petroleum.

They described the planned increment as unacceptable and called on the Federal Government to stop IPMAN from its alleged profiteering at the expense of ordinary Nigerians.

The CSOs said the move was an economic sabotage, coming at a time Nigerians are still trying to come out of the “price shock”, occasioned by the increment on May 29.

(NAN)

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Lagos govt insists nightclubs, worship centres must obtain permit for amplified sound

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Honourable Commissioner for Environment and Water Resources, Tokunbo Wahab

Lagos govt insists nightclubs, worship centres must obtain permit for amplified sound

The Lagos State Government has rolled out stricter measures to combat noise pollution, requiring nightclubs, lounges, bars, and worship centres to obtain permits for events involving amplified sound.

The measure, it said, aimed to safeguard the health and well-being of Lagosians during the festive season and beyond.

Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, announced this via his official X (formerly Twitter) account on Saturday, emphasizing the government’s zero-tolerance stance on noise pollution.

Wahab highlighted that events with amplified sound must be conducted in soundproofed, enclosed spaces to protect residents from the harmful effects of excessive noise.

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“Establishments such as worship centers, nightclubs, lounges, and bars must now obtain permits for events involving amplified sound and ensure these activities take place in soundproofed, enclosed spaces to protect neighboring residents,” the statement read in part.

To enforce these directives, the government said it had established a Special Task Force on Noise Pollution under the Lagos State Environmental Protection Agency (LASEPA).

This task force, in collaboration with the Lagos State Neighborhood Safety Corps (LSNSC) and the Lagos State Environmental Sanitation Corps (LAGESC), would oversee compliance, arrest offenders, and prosecute violators of noise regulations, it stated.

The statement further noted that starting January 2025, the government would roll out a public awareness campaign to educate Lagosians on acceptable noise levels and the benefits of a quieter environment.

 

Lagos govt insists nightclubs, worship centres must obtain permit for amplified sound

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Alleged missing N180m: It’s a prank, Singer Dammy Krane says

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Martins Vincent Otse, widely known as Verydarkman

Alleged missing N180m: It’s a prank, Singer Dammy Krane says

Singer, Dammy Krane has stated that social critic, Very Dark Man, is joking with claims that N180 million was diverted from the NGO account he created in October this year.

VDM shocked Nigerians on Friday, December 27 when he released a video claiming hackers had breached his NGO website and moved N180m leaving only N20 million.

The news shocked many Nigerians who took to social media to slam him.

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However, in a post shared on his Instagram page this evening, Dammy Krane claimed that VDM is renovating a school in Jos, and was only joking with the story of stolen funds.

Also, a Human Rights activist, Omotayo Williams, claimed the man VDM showed in his video as an officer accompanying him to Jos is a well-known member of the Kogi State Taxi Taskforce.

Alleged missing N180 million: It?s a prank. VeryDarkMan is renovating a school in Jos - Singer Dammy Krane says

Alleged missing N180m: It’s a prank, Singer Dammy Krane says

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Oluwo backs push for Sharia law in South-West

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Oluwo of Iwoland, Oba Abdulrosheed Adewale Akanbi

Oluwo backs push for Sharia law in South-West

The Oluwo of Iwo, Oba Abdulrasheed Akanbi, has expressed support for the proposed implementation of Sharia law in the South-West, emphasizing its historical presence in Yoruba culture.

Oba Akanbi noted that Sharia principles have long been part of Yoruba land, citing examples such as Sharia banking and the existence of a Sharia college in Iwo, Osun State.

He stated, “Sharia law has been in Iwo for over 100 years… It’s the right of Muslims to choose customary law or the high court.”

Recall that the discussion around Sharia law gained traction after plans were announced for the inauguration of a Sharia council on January 11, 2025, at the Muslim Community Islamic Centre in Oyo. However, the event has been postponed indefinitely following widespread public criticism.

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Critics have argued that the Yoruba-dominated South-West, where Muslims and Christians coexist, is distinct from the predominantly Muslim northern region where Sharia is more widely practiced.

Addressing concerns, Oba Akanbi explained that Sharia law is already embedded in Nigeria’s constitution and should not cause alarm for non-Muslims.

“Sharia law is only for Muslims and does not concern others. If any other person likes it, they can convert to Islam, and Muslims can also convert to Christianity. Everyone is free,” he said.

The monarch also drew attention to the challenges faced by Muslims under existing laws, particularly in matters such as inheritance and divorce, where Western legal frameworks may not align with Islamic traditions. “Many Muslims feel disenfranchised… Western education doesn’t understand the ways of Muslim divorce, marriage, and inheritance,” he added.

Oba Akanbi emphasized that Sharia law represents the inalienable rights of Muslims and should not be viewed as a threat to other religions. “No government can deny Muslims their inalienable rights,” he concluded.

Oluwo backs push for Sharia law in South-West

(PUNCH)

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