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Olatade's Posts

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Foreign Affairs › Re: Zelenskyy doesn't want peace, He Can Come Back When He Is Ready - Trump by olatade(m): 7:48pm On Feb 28, 2025
Now do the same to Netanyahu…oh that won’t happen unfortunately
Politics › Re: Dangote Crashes Petrol Price To ₦‎825 Per Litre by olatade(m): 2:13pm On Feb 27, 2025
kedeojo:
Olodo when there is no longer subsidy. Do you guys even understand the meaning of subsidy.
What kind of frustration compels some riff Raffs like you to hide behind their screens and hurl insults at people they wouldn't dare confront in person?
Politics › Importers Of Petroleum Products Have Expressed Their Concerns Regarding The Cont by olatade(op): 7:05am On Feb 27, 2025
Importers of petroleum products have expressed their concerns regarding the continuous lowering of petrol prices by the Dangote Refinery.

Several importers have indicated that dealers might be forced to sell at a loss, as consumers are likely to purchase petrol only from the outlets offering the lowest prices.

On Wednesday, the Dangote refinery revealed that it has decreased the ex-depot (gantry) price of petrol by N65, lowering it from N890 to N825 per litre, effective today, February 27. This marks the second price drop of the year and the third adjustment in two months.

Some importers have noted that the Dangote refinery is diminishing the appeal of importing by significantly reducing the prices of gasoline and diesel in recent times.

It was reported that the cost of landing Premium Motor Spirit (PMS) reached approximately N927 per litre last week, which is higher than the ex-depot price set by Dangote.

The importers mentioned that they have been successfully selling the imported goods with minimal or no profit margins, as it is essential for them to remain competitive in the market.

One dealer said, “Some of us who have imported PMS are feeling the heat of Dangote’s decision to slash prices. Though it is a good thing to reduce petrol price, it is taking a toll on our business. That’s the simple truth.”

One dealer remarked that the Dangote refinery is lowering its prices to deter fuel imports, indicating that many businesses may need to cease importing petroleum products from abroad, “Dangote understands the competition in the business and this latest reduction will further discourage fuel imports. There will be losses as we may have to drop our prices too. At the end of the day, some of us will source our products locally. I will just advise Dangote to create a level playing field for all.”

Chinedu Ukadike, the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, has acknowledged that importers could face financial losses due to the recent reductions in prices.

He said, “Dangote may ‘kill’ fuel importers by this continued lowering of prices. All those importers who have challenged Dangote that they wanted to import cheaper fuel, as they’re just nearing the sea shore, Dangote will reduce the price and they will run into trouble.

“It is a welcome development. We laud Dangote’s achievement of bringing the 650,000 single-train refinery to Nigeria. Independent marketers have justified supporting the removal of subsidies and supporting our local companies. We will continue to patronise Dangote via MRS, and we will do everything possible to support them.

“Our problem now is distribution, we want all the satellite depots to be in place and the pipelines repaired so that this product can be sent to the nooks and crannies of this country seamlessly. That will also further reduce the price. So, as independent marketers, we welcome the development of the Dangote refinery petrochemical mine. Wherever the product is cheap, we definitely will buy it.”
Politics › Re: Dangote Crashes Petrol Price To ₦‎825 Per Litre by olatade(m): 10:35pm On Feb 26, 2025
yommen:
You actually lack knowledge of the fuel price story. You sound quite naive.
Naive? You're the one who's oblivious to your own ignorance because If you had a clue, you'd be contributing something meaningful instead of insults.
Politics › Re: Dangote Crashes Petrol Price To ₦‎825 Per Litre by olatade(m):
The drastic price hike from N145 to over N1,000 should be met with a corresponding drastic reduction, not minor, piecemeal decreases.
Politics › Dangote Crashes Petrol Price Again by olatade(op): 6:09pm On Feb 26, 2025
OFFICIAL STATEMENT ON THE REDUCTION IN EX-DEPOT PRICE OF PMS BY N65

Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025.

This strategic price adjustment is designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season, while also supporting President Bola Ahmed Tinubu's economic recovery policy by alleviating the financial burden on the Nigerian populace.

It is important to note that Dangote Petroleum Refinery has consistently lowered the prices of petrol and other refined petroleum products to the benefit of Nigerians. This marks the second price reduction of PMS in February 2025, following a previous decrease of N60.00 earlier in the month.

Additionally, in December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season. This reduction has positively impacted the overall cost of living, benefiting various sectors of the economy, and has also ensured that Nigerians did not experience the perennial fuel scarcity and price hikes typically associated with the yuletide season.

Nigerians will be able to purchase the high-quality Dangote petrol at the following prices in all our partners' retail outlets. For MRS Holdings stations, it will sell for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East respectively.
The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: N865 per litre in Lagos, N875 per litre in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East.

Dangote Petroleum Refinery assures the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand, as well as a surplus for export to enhance the country's foreign exchange earnings. The company calls on marketers to support this initiative, ensuring that Nigerians remain the primary beneficiaries of this effort. This collective action will contribute to the broader economic recovery plan led by His Excellency, President Bola Ahmed Tinubu, who is committed to making Nigeria self-sufficient in refined petroleum products and establishing the country as a leading oil export hub.

Management
26th February, 2025
Politics › Re: Nasir El-Rufai To Appear On Arise TV At 8PM Today by olatade(m): 4:37pm On Feb 24, 2025
This week GBAS GBOS go long be that.
Politics › Blackout Looms As Workers Give Kaduna Electric 7-day Ultimatum by olatade(op): 6:53am On Feb 22, 2025
The National Union of Electricity Employees (NUEE) has issued a 7-day ultimatum to the management of the Kaduna Electricity Distribution Company to return to the negotiation table regarding the ‘service no longer required’ letters given to some affected staff.

The union in a statement issued by its Zonal Organising Secretary 1, North West zone, Ayuba Pukat accused the management of going ahead to serve the affected staff the new letters despite talks between the union and the management.

Recall that on 3rd February, 2025, staff of Kaduna Electric embarked on an indefinite strike over an alleged plan by the management to dismiss over 900 workers among other grievances which left residents of the state in blackout for five days.

The management of the electricity company through its Head, Corporate Communication, Abdulazeez Abdullahi has however clarified that contrary to claims by labour unions that 900 staff members were affected, the company confirmed that ‘services no longer required’ letters were issued to 450 employees.

Weekend Trust further recalls that it took the intervention of Governor Uba Sani for workers to suspend the 5-day strike action after which it was resolved that both the management and the labour union meet together and take a decision on the planned downsising of the workforce, while the management will also halt its earlier decision to sack workers.

But issuing the new ultimatum in a letter addressed to the Managing Director titled: ‘Notice of seven days’ ultimatum for total withdrawal of service in Kaduna electric’, Pukat said, “It is disheartening that Kaduna Electric management do not see reasons to call the union back to the negotiation table to consider the concern raised.”

“We are by this giving Kaduna Electric seven (7) days ultimatum to return back to the negotiation table. Failure to do so will not guarantee industrial peace in the company.”
https://dailytrust.com/blackout-looms-as-workers-give-kaduna-electric-7-day-ultimatum/

Politics › Re: Drama As Akpabio Orders Senator Natasha Akpoti Out Of Senate Chamber by olatade(m): 2:47pm On Feb 20, 2025
I admire her bravery for speaking out against Senator Akpabio's behavior. It's unacceptable that he has been insulting Nigerians and prioritizing his relationship with the President over serving the people. His actions are a disservice to his position and the country as a whole
Celebrities › Re: E-money, Gifts His Housekeeper, Cleaner, Chef & Barber Cars On His Birthday by olatade(m): 10:58am On Feb 20, 2025
Great! IBOs are both hardworking and generous guys

One Love, Brothers!
Foreign Affairs › Re: UK Is Ready' To Put Troops On Ground In Ukraine To Protect Peace by olatade(m): 8:24am On Feb 17, 2025
Sending troops to a war torn area this late in the game while there are peace talks underway… very odd
Celebrities › Does Chika Ike Have A Child For Ned Nwoko? Regina Daniels Deactivates IG by olatade(op): 8:24am On Feb 17, 2025
Nollywood actress Regina Daniels and her billionaire husband, Ned Nwoko seem to be going through marital troubles as speculations of a new wife arise.

Regina, who recently returned from London after attending the premiere of Ayo Makun’s movie The Waiter, has unexpectedly deactivated her Instagram page.

A swift confirmation by Gistreel revealed that her account was no longer accessible but may be restored sooner or later.


Adding to the speculation, the actress did not publicly celebrate her husband’s recent political move to the All Progressives Congress (APC). Observers also noted that she had stopped posting about him and had not been engaging with his social media updates.

Amid the ongoing rumors, reports claim that actress Chika Ike, who recently announced her pregnancy with maternity photos, has welcomed a child allegedly fathered by Nwoko. According to online sources, Chika is now set to replace Regina and move into the billionaire’s mansion.

Controversial blogger Gistlover fueled the speculation with a cryptic post, stating:
“Hello Tueh Tueh, GLB Nation! Wahala don happen! Another senior actress don born for billionaire, little billionaire wife don run comot for Instagram. Ah, which kind wahala be this?”

While Regina Daniels and Ned Nwoko have yet to address the rumors, the sudden social media disappearance of the actress has only intensified public curiosity about the state of their marriage.
https://www.gistreel.com/regina-daniels-deactivates-ig-amid-husbands-alleged-child-with-chika-ike/

Politics › Re: CDS A Visa Disrespectful To Nigeria – Interior Minister by olatade(m): 3:19pm On Feb 14, 2025
This is a huge slap in the face for Nigeria. If we don't fix our country, every Nigerian will continue to face this kind of disrespect. A homeless European can easily visit Canada with just a flight ticket, but a Nigerian billionaire with mansions worldwide still needs to apply for a visa. No matter how hard you work or how wealthy you are, a country's tarnished image will always haunt you.
Education › Re: UNIZIK Expels female student who assaulted lecturer by olatade(m): 2:08pm On Feb 14, 2025
Let her go and enrol at TikTok University.
Celebrities › Re: Rose Idibia: Tuface’s Mum Calls On Natasha To Free Her Son by olatade(m): 9:19am On Feb 14, 2025
The mother is making a mockery of the family. 2baba, being an adult, knows what he wants.
Crime › Re: Burial Poster Of Hon Justice Azuka That Was Killed In Onitsha by olatade(m): 7:42pm On Feb 12, 2025
There is something about the genetic makeup of a tribe and criminality. It is worth a serious research.
Politics › Emir Of Rano Bans Church Activities In Homes by olatade(op): 2:26pm On Feb 11, 2025
The Emir of Rano, Ambassador Muhammad Isa Umaru, has placed a strict ban on church activities inside residential buildings within the Emirate.

The directive follows a wave of petitions from concerned residents, prompting the Emir to set up a special investigative committee.

Findings from the committee confirmed that a church in Yadi Quarters, Rano town, was conducting services in a residential house without adhering to proper legal procedures.

Rano Emirate is home to 27 certified churches, where Christians worship freely without interference.


Findings from the committee confirmed that a church in Yadi Quarters, Rano town, was conducting services in a residential house without adhering to proper legal procedures.

Rano Emirate is home to 27 certified churches, where Christians worship freely without interference.

However, unauthorized worship in residential buildings sparked discontent among locals, leading to formal complaints.

Acting on the committee’s report, the Emir swiftly ordered an immediate halt to all church activities in residential buildings to prevent any potential breach of peace.

Committee Secretary, Alhaji Umar Isa Sarki, revealed that multiple petitions raised concerns over the legality of the services being held in private homes.

Efforts to obtain
a reaction from the Kano chapter chairman of the Christian Association of Nigeria (CAN) were unsuccessful at the time of filing this report.
https://pmnewsnigeria.com/2025/02/11/tension-in-kano-as-emir-of-rano-bans-church-activities-in-homes/

Business › CBN To Implement New ATM Transaction Fees From March 1 by olatade(op): 1:30pm On Feb 11, 2025
The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs)

In a circular signed by John Onojah, acting director of financial policy and regulation department, the CBN said the revised charges will take effect from March 1.

The regulator said the move would address rising operational costs and enhance efficiency in the banking sector.

On-site ATMs: A charge of N100 per N20,000 withdrawal.

Off-site ATMs: A charge of A100 plus a surcharge of not more than N500 per N20,000 withdrawal.

On-Us (customer withdrawing at the ATM of the customer's financial institution) in Nigeria: No charge
https://www.thecable.ng/just-in-cbn-to-implement-new-atm-transaction-fees-from-march-1/

Politics › Re: IG Warns Officers Against Carrying Guns In Mufti, Violating Human Rights by olatade(m): 7:40am On Feb 11, 2025
They won't still adhere to this and nobody will be there to checkmate them.

So oga police,charity begins at home.
Foreign Affairs › Re: Hate Speech: Elon Musk And Julius Malema Exchange Words On Social Media by olatade(m): 6:34am On Feb 10, 2025
So malema used Elon musk platform (x) to tell Elon to "go to hell"


Malema 1 - 0 Musk grin grin
Health › Re: Police Officer, Shafi’u Bawa, Commits Suicide By Hanging In Niger State by olatade(m): 4:48pm On Feb 09, 2025
This is truly tragic.The police force has seen far too many suicides recently, and this latest incident is deeply concerning.The fact that a senior officer took his own life raises serious concerns.Mental health struggles are real, and it should be taken seriously, particularly among those who serve and protect.
Politics › Re: Troops Kills Over 50 Terrorists, Captures The Deadliest Stronghold In Zamfara by olatade(m): 7:23pm On Feb 08, 2025
Time for Bello Turji to take the express ticket to the afterlife and personally apologize to his ancestors for shaming the family tree with his crimes against innocent Nigerians.
Politics › Re: NPA Implements 15% Tariff Hike To Boost Port Infrastructure by olatade(m): 12:54am On Feb 08, 2025
It is all coming back to the Nigerian people who will bear the brunt.
Travel › Re: 1 US Soldier, 3 US Military Contractors Killed In Phillipines Plane Crash by olatade(m): 8:17am On Feb 07, 2025
Are the planes randomly being sabotaged?
Celebrities › JUST IN: Nollywood Actress, Pat Ugwu, Di€s At 35 by olatade(op): 3:36pm On Feb 05, 2025

Politics › Re: Abayomi Whint Becomes US Judge (Pictures) by olatade(m): 10:33pm On Feb 04, 2025
Kudos to Omoluabi! May she and all Nigerians making us proud abroad continue to reach new heights!
European Football (EPL, UEFA, La Liga) › Re: Arsenal Vs Manchester City (5 - 1) On 2nd February 2025 by olatade(m): 7:31pm On Feb 02, 2025
Omo. I no be arsenal fan ooh. But grin grin grin


Be humble in this life grin

European Football (EPL, UEFA, La Liga) › Re: Arsenal Vs Manchester City (5 - 1) On 2nd February 2025 by olatade(m): 7:14pm On Feb 02, 2025
Stay humble eh

Politics › Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by olatade(op): 9:11pm On Feb 01, 2025
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday.

This price adjustment is said to be in response to favourable developments in the global energy sector and a significant decline in international crude oil prices. Dangote Refinery said its decision to crash the price reflects its commitment to aligning with market realities and ensuring that consumers benefit from changes in international crude oil prices.

Dangote refinery, in a statement issued by the Group Chief Branding and Communications Officer, Anthony Chiejina, explained that this latest move follows a similar decision made on 19th January, when a modest price increase was implemented due to rising crude oil costs. However, with recent global market trends indicating a decline, Dangote Refinery added that adjusting its pricing structure was a bold move to drive economic relief for Nigerians.

The statement also noted that the price reduction would significantly lower the cost of petrol across the country, generating a positive ripple effect throughout the broader economy.

“Dangote Petroleum Refinery firmly believes that this reduction from N950 to N890 will result in a meaningful decrease in the cost of petrol nationwide, thereby driving down the prices of goods and services, as well as the overall cost of living, with a positive ripple effect on various sectors of the economy,” the statement said.


The refinery has also called on marketers across the country to ensure that the benefits of the reduced price are passed on to the Nigerian public while reiterating its support for the economic revival spearheaded by President Bola Tinubu, whose administration is focused on making Nigeria self-sufficient in refined petroleum products and positioning the country as a leading oil export hub.

“This collective initiative will contribute to the wider economic recovery plan led by His Excellency, President Bola Ahmed Tinubu, who is dedicated to making Nigeria self-sufficient in refined petroleum products and positioning the country as a leading oil export hub¸” it noted.

It stressed that Dangote Petroleum Refinery would continue to introduce innovative strategies aimed at safeguarding the interests of Nigeria and its citizens.

Dangote Petroleum Refinery’s decision is expected to play a vital role in stabilising the country’s economy, ensuring that the benefits of lower fuel prices are felt across all sectors.
https://tribuneonlineng.com/breaking-dangote-refinery-crashes-ex-depot-petrol-price-to-n890/amp/

Politics › Re: Wale Edun: Telecoms Tariff Will Be Reviewed Periodically by olatade(m): 5:19pm On Jan 23, 2025
When you elect a tax collector
European Football (EPL, UEFA, La Liga) › Re: Arsenal Vs Dinamo Zagreb: UCL (3 - 0) On 22nd January 2025 by olatade(m): 10:08pm On Jan 22, 2025
Arsenal FC: where the only consistent thing is inconsistency.
Celebrities › Re: Remember Chloe Clem; Toddler With Viral Bombastic Side- Eye Meme? Then And Now by olatade(m): 9:59pm On Jan 22, 2025
Wetin come concern us now?

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