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Dangote’s fuel supply will aid economic revival, says Abiodun

Dapo Abiodun (left) says the Dangote refinery will boost Nigeria’s economy

Governor Dapo Abiodun of Ogun State has said the beginning of fuel production by the Dangote refinery will strengthen Nigeria’s economy by eliminating constant shortages and conserving foreign exchange.

This is contained in a statement in Abeokuta by Abiodun’s Chief Press Secretary, Lekan Adeniran.

“With the refinery coming on stream, one of the most significant challenges faced by Nigeria for more than three decades—reliance on fuel importation would be solved,” Abiodun said.

”Petrol produced from the 650,000 barrels per day Dangote refinery is expected to hit filling stations in the next 48 hours as modalities with the Nigerian National Petroleum Company Limited have been formalised.”

The governor noted that with the Warri and Port Harcourt refineries also being prepared to begin production, Nigerians would heave a sigh of relief from constant fuel shortages, while the economy would also receive a boost.

Abiodun praised Alhaji Aliko Dangote for his determination in seeing through the multi-billion dollar projects against all odds.

The governor also commended President Bola Tinubu for his intervention in ensuring that the refinery comes on stream during his administration.

He praised the president’s commitment to the revitalisation of other refineries in the country, which, he said, would drastically reduce fuel prices when all of them started production.

”This significant achievement marks a transformative milestone not only for you as an entrepreneur but also for Nigeria and the broader African continent.

“The establishment of this refinery represents a pivotal shift in the energy landscape of the region, showcasing the power of vision, resilience, and unwavering commitment to economic development.

“The Dangote refinery is poised to be a game-changer in the production of petrol, addressing one of the most pressing challenges faced by Nigeria: reliance on imported fuel.

” This dependency has not only strained our foreign exchange reserves but has also hindered our potential for self-sufficiency.

“By producing petrol locally, the refinery will drastically reduce the outflow of foreign currency, thereby strengthening our economy.

“This move aligns perfectly with the President Bola Tinubu-led administration’s efforts to achieve economic diversification and reduce reliance on oil exports alone.

“Moreover, the economic impact of the refinery extends beyond just fuel production. It is expected to generate thousands of jobs, both directly and indirectly, thus contributing to the reduction of unemployment rates.

NAN reports that businessman, Aliko Dangote, revealed that petrol produced from his 650,000 barrels per day refining facility will hit filling stations in the next 48 hours as modalities with the Nigerian National Petroleum Company Limited had been formalised.Dangote said this on Tuesday while addressing newsmen announcing the formal production of petrol at the refinery.

“Our PMS (Premium Motor Spirit) can be in filling stations within the next 48 hours depending on NNPCL,” he said.

Asked to speak on the pricing of the product from his refinery, Dangote said, “It is an arrangement which is designed and approved by the Federal Executive Council led by President Tinubu.

”As soon as it is finalised, which he (Tinubu) is pushing, once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market.”

In December 2023, Dangote, began operations at his 20billion-dollar facility sited in Lagos with 350,000 barrels a day.

The refinery, which was initially troubled by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year.

The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.

Dangote also added that the introduction of naira for crude will reduce the demand for foreign exchange by 40 per cent.

“I want to thank President Tinubu for creating this idea of Naira for crude and Naira for the product. Doing that will give a lot of stability to the Naira and remove 40 per cent of the demand for dollars. That’s not just it, there is a lot of round tripping,” he stated.

He added that it would become possible to track loaded trucks, hence making it easier to compute the national consumption.

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SCRABBLE JAMZ:• Record entries for 5th edition of Janet Adowei Memorial Scrabble Classics

.As Organizers urges 17 players to regularize their NSF licensing statu A record number of players have registered for the 5th edition of the Janet Adowei Memorial Scrabble Classics (JAMSC), which begins on Saturday at the Chevron Recreational Club, Gbagada, Lagos, Nigeria.We gathered that 117 players drawn from 20 states of the Federation completed their registration online by midnight Wednesday the 13th of November.

A member of the Organizing Committee, Khaleel Adedeji told FIRST ZEALMEDIACAST BLOG that this is higher than the 72 participants during the 4th edition won by Ryan Jacob of Team Akwa Ibom.

However, 17 players who have registered are yet to complete their Nigeria Scrabble Federation NSF licensing formalities and regularize their player’s status and failure to do so may prevent them from competing at the Classics.

A good number of established and highly rated players who are yet to be cleared for the Classics and they include Olatunde Adigun, Ogun State strong man Olufemi Gbadebo, 2022 winner of the prestigious Lekki Scrabble Classics, James Ewruje and a player some Gambia dread, Abiola Oyinloye.❌OLATUNDE ADIGUN❌OLUFEMI GBADEBO❌ABIOLA OYINLOYE❌JAMES EWRUJE❌ITUAH IYASELE❌JULIUS ADEYEMI❌OSUNTOPE MICHAEL❌ISIDORE EMOAVWOYAN❌JAMES ETENG❌ABDULSALAM BAYO❌OMIDIRE CHARLES❌JANET IWUAGWU❌OWOLABI SAHEED❌ESANGBEDO AKHERE❌ONYEBUCHI OKECHUKWU❌FRANCIS AWONAYA❌ABDULAZIZ OTHMANWe can authoritative tell you that this edition of Janet Adowei Memorial Scrabble Classics (JAMSC), has a very rich and strong cast of scrabble show boys and girls.

The roaster is led by current African Champion Oluwatimilehin Doko, former African champion Enoch Nwali, the Classics’ defending champion Ryan Jacob and serial winner John Aiyedun.

2023 South West Closed winner Cyril Umebiye, National Sports Festival medallist and a member of Team Nigeria to major outings Emmanuel Umujose is in the mix, alongside African Games gold medallist Adebisi Adekansi and the 2024 All Nigeria Amazons Scrabble Championship Queen Bukunmi Afolayan.

Two members of Team Nigeria to the African Games in Accra, Ghana, Abdulmumin Jimoh and Tega Okiemuta who were also in Kigali, Rwanda with George Ezinore who came second are other heavyweight wordsmith in attendance along with Samuel Adebola, hard man Babatunde Adeagbo as well as Babajide Alagbada the winner of the Intermediate event in Lekki.

It noteworthy to mention that player with the highest number of wins in a single National Open Championship Segun Durojaye is another confirmed actor this weekend with the 2016 NSF Green Jacket winner Dipo Akanbi.

It’s interesting to mention that Segun Durojaye last big win on the board this year came at the Pyramid Scrabble Mega Retreat that has the signature on Dipo Akanbi the captain of Nigeria’s current club champion.

Adeyemi Adeosun, Dokun Esan, Musa Lateef, Kareem Jamiu, Joseph Okere, Hassan Wasiu, Anthony Odok, Segun Adegbenro, Sunday Oshodi and Tunde Sapuru are plotting a coup d’etat for the super heavyweight including the defending champion Ryan Jacob.

The Classics in its 5th year is in three Divisions:✓ Masters✓ Intermediate ✓ OpensThe cut-off rating point is 1,400 and above for Masters, 1,100-1,399 points for Intermediate while it is 0-1,099 rating points for the Opens Division.

It’s an 18 rounds of games competition rated by Nigeria Scrabble Federation (NSF) and will run for two days, games start by 10am daily with the 2021 Collins Scrabble Dictionary as the reference material.750,000 Naira is the top prize money for the Masters category and lots of spot prizes will be up for grab at the Classics that is supported by Nigeria Scrabble Federation, Mind Games Incorporated and Lekki Scrabble Club.Over 3.5 million naira will be shared as prize money.

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Breaking: Oborevwori Presents N936 Billion “Budget of Fiscal Consolidation” for 2025

Delta State Governor, Rt. Hon. Sheriff Oborevwori, on Thursday presented the proposed 2025 budget of N936 billion to the State House of Assembly for deliberation and approval.

The Governor arrived at the Assembly complex around 10 a.m. to a warm reception from enthusiastic staff who sang and danced to welcome him.

The vibrant atmosphere underscored the significance of the event, which marks a pivotal step in the state’s governance and development planning.

While unveiling the budget, aptly titled the “Budget of Fiscal Consolidation,” Governor Oborevwori highlighted its focus on human capital development and infrastructure expansion.

He emphasized that the proposed budget reflects his administration’s commitment to building a sustainable future for the people of Delta State.

A breakdown of the budget reveals significant allocations to key sectors:Road Infrastructure: N230 billion, the largest allocation, aimed at improving connectivity and boosting economic growth.

Education: N67.42 billion to enhance the quality of learning and access to educational facilities.

Health: N30.55 billion to strengthen healthcare delivery and infrastructure.Water Resources: N11.03 billion to ensure access to clean water for communities.

Agriculture: N7 billion to support farmers and boost food production.

Governor Oborevwori urged the Assembly to give the appropriation bill speedy consideration, emphasizing the importance of these investments in driving economic development and improving the quality of life for residents of Delta State.

The budget presentation signals the administration’s focus on fiscal responsibility and prioritizing sectors that directly impact the well-being of the people.

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Music artiste, Davido delves into football, floats Clubside

Afrobeat superstar Davido has made headlines once again, this time with a bold move into the sports industry.

The celebrated artist has acquired a new football club, named 30BG FC, which is set to compete in the 2024 Lagos Liga.

This exciting development was announced in a viral post shared by the Lagos Liga X account on Wednesday evening, sparking widespread conversation across social media platforms.

The announcement read: “THE WAIT IS OVER! Introducing 30BG Sports Club to Lagos Liga 2024.

The 001 has landed. Davido, a globally acclaimed singer, transcends music and entertainment, impacting culture, politics, and more.“Opponents, beware! Davido’s arrival makes the competition riskier.

But will 30BG FC emerge victorious?”Known for his chart-topping hits and global influence, Davido’s venture into sports ownership adds another dimension to his multifaceted career.

While he has always been a cultural icon in music, this move demonstrates his commitment to extending his influence into new arenas, including sports and community development.

The 30BG FC project is expected to not only boost the Lagos Liga’s profile but also create opportunities for young talents in the local football scene.

This announcement comes hot on the heels of another celebrity acquisition in Nigerian football.

Just two weeks ago, Tacha, a prominent Big Brother Naija reality star, made a similar splash by purchasing her football club.

The trend of Nigerian celebrities investing in sports is becoming increasingly popular, with music heavyweights Burna Boy and Don Jazzy also owning football clubs.

This wave of investments underscores the growing appeal of football as a business venture and a platform for societal impact.Fans and analysts alike are eager to see how 30BG FC will perform under Davido’s ownership.

His reputation for excellence in the music industry has raised expectations, with many predicting that the club will adopt a competitive and innovative approach in the league.

The Lagos Liga, known for its vibrant matches and passionate fan base, will undoubtedly benefit from the heightened visibility that Davido’s involvement brings.

For Davido, this is more than just a business move; it’s a statement of intent.

The “Omo Baba Olowo” hitmaker has consistently used his platform to champion Nigerian culture and empower the youth.

His foray into football is yet another example of his dedication to inspiring change and fostering growth in various sectors.

As Lagos Liga 2024 approaches, all eyes will be on 30BG FC. Will the club live up to the hype and establish itself as a formidable force? One thing is certain: Davido’s presence will add excitement and intrigue to the league.

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Tragic Blaze at Spanish Retirement Home Claims 10 Lives

"Tragic Blaze at Spanish Retirement Home Claims 10 Lives"

A deadly fire that broke out overnight at a retirement home in Villafranca de Ebro, located in northeastern Spain, claimed the lives of at least 10 individuals, according to the local emergency service on Friday.

The emergency services in the Aragon region shared limited information in their X post, though Spanish media reported that 82 people were present at the facility when the fire started around 5:00 am (0400 GMT), with the cause still unknown.

More details later…

AFP

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Customs Chief Honors Late COAS Lagbaja’s Legacy in Strengthening Nigeria’s Security

Customs Chief Honors Late COAS Lagbaja's Legacy in Strengthening Nigeria's Security

The Comptroller-General of Customs, Bashir Adeniyi, praised the late Chief of Army Staff, Taoreed Lagbaja, for his invaluable contributions to national security, describing him as a leader known for his unwavering commitment and selflessness.

Customs Chief Honors Late COAS Lagbaja's Legacy in Strengthening Nigeria's Security
The Comptroller General of Customs Bashir Adeniyi

Adeniyi shared these remarks in a statement released on Thursday by NCS spokesperson, Abdullahi Maiwada.

He expressed that Lagbaja’s passing is a tremendous loss not only for his family, the military, and the government but for the entire Nigerian people.

Adeniyi extended his condolences to Lagbaja’s family, his colleagues, and the Nigerian Armed Forces.

He announced that the NCS had rescheduled its Gala and Award Night, originally planned for Friday in Abuja as part of the Comptroller-General of Customs conference, to pay tribute to the military leader.

“This decision is taken to allow NCS to identify with the mood of the nation in mourning Lagbaja.

“The NCS acknowledges the weight of this moment; we join all to mourn the passing of a steadfast leader,” he said.

According to the News Agency of Nigeria, Lagbaja’s body was brought to Abuja on Thursday ahead of his burial set for Friday.

Lagbaja passed away on November 5 in Lagos following a short illness.

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Stephen Akintayo dreams Trump’s appointment as US International Secretary

Nigerian entrepreneur, Stephen Akintayo is dreaming of President Donald Trump's appointment as the US International Secretary for Housing and Land Banking

Nigerian inspirational speaker and serial entrepreneur, Stephen Akintayo is dreaming of landing an appointment from President Donald Trump as the United States (US) International Secretary for Housing and Land Banking.

Akintayo revealed his dream on Friday morning in a post he shared on his official X account.

“BREAKING NEWS! Wow! Who would have thought that one day, I’d be part of a story where Donald Trump and Stephen Akintayo are mentioned in the same breath?,” he wrote.

“Looks like all my posts supporting Trump’s policy direction on housing and land banking over the years have finally come full circle.”

Akintayo who is currently the Chief Executive Officer (CEO) of Stephen Akintayo Consulting International, Gtext Group and Investment Limited, however, added jokingly: “This news just had me cracking up, now if only this were true.

“From my posts about his business sense to my cheers for his election strategies, it is clear I have seen a lot of values in Trump’s approach to leadership, love him or not.

“And here is the thing: if Trump did offer me this position, I would bring some African flair to it. Imagine mixing our culture’s resilience with American land strategies!

“We would make property investment great again in ways no one has ever seen before! So, what do you all think? If this was real, should I take the role?”

Akintayo is a graduate of Microbiology from the Olabisi Onabanjo University (OOU), Ogun State, Nigeria.

While in his fifth year in the university, the 38-year-old entrepreneur started a Student Trade Fair on his campus.

He thereafter studied Digital Marketing Consultancy at the Digital Marketing Institute and Harvard University in the US.

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