Breaking
Petrol Prices Soar to N1,150 Following Dangote Refinery’s Price Hike

By Divine Perezide
Fuel prices in Nigeria have climbed to a range of N1,050 to N1,150 per litre, influenced by an increase in the cost of Premium Motor Spirit (PMS) set by the Dangote Petroleum Refinery and other depot operators. Dealers warn that prices are likely to continue rising due to the sustained increase in crude oil prices, the primary component in fuel production.
According to NewsOnline Nigeria, the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, emphasized that petrol prices are directly tied to fluctuations in crude oil costs. He stated in Lagos, “The crude price rose to $80 per barrel today (Thursday). Without exchange rate improvements, PMS prices will increase in the coming weeks.”
On Friday, the Dangote Petrochemical Refinery announced a new upward adjustment in the cost of its petrol. The price for marketers purchasing between two and 4.99 million litres was set at N955 per litre, while those buying five million litres or more would pay N950 per litre.
The adjustment, effective from 5:30 pm on Friday, reflects a N55.50 increase, or 6.17 percent, compared to the discounted holiday price of N899.50 per litre offered in December. An official communication titled “Communication on PMS Price Review” stated, “Kindly be advised that effective from 5:30 pm today (Friday), an upward adjustment has been implemented on the gantry price of Premium Motor Spirit.”
The $20 billion Dangote Refinery outlined that the revised pricing applies to all unsold stock and pending balances as of the effective time. Industry stakeholders caution that continued volatility in the global crude oil market may further impact fuel prices domestically.
Breaking
International: Iran Confirms Death of Supreme Leader Ayatollah Ali Khamenei After US-Israeli Strikes — 40-Day National Mourning Declared
By Favour Bibaikefie, International Affairs Correspondent
Tehran — In an unprecedented escalation of Middle East tensions, Iran’s state media has confirmed that Supreme Leader Ali Khamenei has been killed following coordinated military strikes by the United States and Israel, the government announced late Saturday.
In a statement broadcast on state television, Iranian authorities declared a 40-day period of mourning and seven days of public holiday across the Islamic Republic in memory of the 86-year-old cleric, who had led Iran since 1989.
The announcement confirmed reports from earlier in the day by U.S. and Israeli officials that Khamenei had been killed during a major offensive dubbed “Operation Epic Fury” — a series of air and missile strikes targeting regime leadership and strategic sites across Iran.
President Donald Trump, in a social media post, hailed Khamenei’s death as a significant blow to the Iranian regime, describing him as one of “the most evil people in history.” Israeli Prime Minister Benjamin Netanyahu also said there were strong indications that the cleric was “no longer alive” after his compound in Tehran was hit during the attack.
Iranian state media further reported that several members of Khamenei’s immediate family, including a daughter, son-in-law and a grandchild, were killed in the same strike. Tehran’s Supreme National Security Council labelled the attack an “act of aggression” and vowed to hold the United States and Israel accountable.
The death of Iran’s supreme leader — who wielded ultimate authority over the country’s military, judiciary and all branches of government — has triggered widespread uncertainty about the future leadership of the Islamic Republic and heightened fears of broader regional conflict.
The strikes have already prompted retaliatory actions from Iranian forces, with explosions reported across several Middle East countries. International capitals are watching developments closely as responses from neighbouring states and global powers continue to unfold.
Breaking
Dangote Signs $400m Equipment Deal to Accelerate Refinery Expansion
By Favour Bibaikefie
LAGOS — Nigeria’s Dangote Group has signed a $400 million equipment agreement with China’s Xuzhou Construction Machinery Group (XCMG) to accelerate the expansion of its oil refinery, reinforcing efforts to boost domestic refining capacity and industrial development.
The company disclosed on Tuesday that the newly acquired equipment will support ongoing projects across its refining, petrochemical, agricultural, and infrastructure operations. The strategic investment is part of Dangote Group’s broader plan to scale up the refinery’s output toward a projected capacity of 1.4 million barrels per day.
Industry analysts say the expansion represents a significant milestone in Nigeria’s drive to reduce dependence on imported petroleum products while strengthening local production and economic growth.
The Dangote Refinery, regarded as one of Africa’s largest industrial projects, is expected to enhance fuel availability, stimulate job creation, and position Nigeria as a key exporter of refined petroleum products in the global energy market.
Breaking
Agbor Makes List as PDP Appoints Caretaker Committees for Osun, Enugu, Imo, Rivers and Delta States
By: Divine Perezide
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has approved new caretaker committees to oversee the affairs of the party in five states, pending the inauguration of fresh executive structures.
In a public notice dated January 15, 2026, and signed by the National Organising Secretary, Hon. Theophilus Dakas Shan, the NWC said the decision was taken on behalf of the National Executive Committee (NEC) and in line with constitutional provisions. According to the statement, the appointments were made “pursuant to Section 29(2)(b) of our Constitution (2025 as amended).”

State Committees Announced
For Delta State, the committee is headed by Prof. Sylvester Monye as Chairman, with Dr. Michael Tidi, Esq. serving as Secretary. They will be supported by 16 other members including Ujor Ucheonny, Pharm. Victor Ofobrukuta, Comdr. Johnbull Aghogho Kenairu, Chief Ekiyor Charles, and Hon. Mrs. Vero Egbuna, among others.
In Enugu State, Barr. Steve Oruruo was appointed Chairman, while Martin Ugwuamaideze was named Secretary. The committee includes seven additional members such as Ugwu Uchenna Godswill, Lilian C.E. Ugwuoke, and Chief Cosmas Onyia.
The Imo State Caretaker Committee is comparatively lean, with Chief John Jude Okere as Chairman and Mr. Magnus Amadi as Secretary.
For Rivers State, Ogbam Ojimah was named Chairman, with Dr. Field Baribeful Nkor appointed as Secretary. Other members include Richard Enyia Victor, Grace Boma Harry, Princess Isoma Stella Elenwa, and Austin Emeka Wali.
In Osun State, Hon. Tunde Tijani leads the committee, with Hon. Bamidele Seyi-Abiola serving as Secretary. Five additional members were listed, including Hon. Lateef Mumini Obidel and Alhaji Sarafa Gbadeamosi.
Mandate and Tenure
The PDP clarified that the committees are mandated to “manage the affairs of the Party in their respective States, as stipulated in Section 21(2)(a-b) of the PDP Constitution.” The party further noted that the duration of the committees “shall not exceed 90 days, or until such a time as a new Executive Committee is elected.”
Members were also advised to conduct their activities in compliance with the PDP Constitution (2025 as amended), the Electoral Act 2022, and the Nigerian Constitution (1999 as amended).
Meanwhile, the notice closed with the party’s slogan, “PDP, Power to the People,” indicating continuity of its internal restructuring ahead of future political engagements.
