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Showing posts from September 8, 2024

"I Did the Mathematics": Expert Explains Why Dangote Refinery May Not Sell Petrol Below NNPC Price.

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 An industry expert has stated that the Dangote Refinery may not sell petrol at a price lower than the rate sold at NNPC retail outlets. He said that the need to recoup investments gives Dangote the right to set the price for the petrol his refinery produces Adigun listed other factors that would determine the price that Dangote Refinery would set for its petroleum  Oil and gas specialist Henry Adigun has pointed to production costs, which are priced in US dollars, as a key factor preventing the $20 billion Dangote Refinery from offering petrol at a price lower than the current rate at Nigerian National Petroleum Company Limited (NNPCL) retail outlets. Speaking on Channels Television’s socio-political program Inside Sources, hosted by Laolu Akande, Adigun explained on Friday that the petrol produced at the refinery is of the highest global quality, and with better quality comes higher pricing.  Dangote stated that once his company completes arrangements with N...

Mbekwu(Tortoise) gets taken by the birds to a feast in the sky. How Tortoise’ gluttony cost him his shell..

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A long long time ago, in a far-off land, there lived a cunning creature called Mbeku (Tortoise). He lived in a hut with his loving wife and worked diligently in his farm. Now while he had a good life, Tortoise wanted a more comfortable existence and as such was always looking for the next get rich quick scheme. One day, whilst working in his farm, a large flock of birds flew past him. It was a sight to behold, thousands and thousands of birds, stretching as far as the eye could see. The entire horizon was covered different exotic birds, parrots, doves, eagles, vultures, it was a roll call of all the birds in the land. Having never seen this phenomenon before, Tortoise was keen to find out what was happening,so he called out to the birds. Most flew by him however, they were in such a hurry to get to their destination and their excited chatters and twitters drowned out Tortoise’s voice from below. Luckily for him however, after most of the flock had passed and the...

The short story behind the gwo gwo gwo ngwo challenge that's trending right now in Nigeria and West Africa by Mike Ejeagha ..

In the Animal kingdom, the king's daughter refuses to marry the suitors that came for her hand in marriage, she had a big fantasy of riding across the village on an elephant. So she said that any suitor that brings a life elephant to her will have her as a wife, so the king announces to all the animals in the kingdom and all of them were so discouraged about it but the tortoise went to the king and said "I will marry your daughter, I will bring a life elephant and have her as my wife. I came before to marry her but you people chased me away but this time, I will marry her, so he also proceeded to the elephant house because the tortoise and the elephant were good friends, so he went to the elephant house and said "The king of our village will be having an Ofallah in the next two days and he said that you will be the chief of the occasion. An Ofallah is the biggest festival in Igbo land, present day Nigeria. So if any traditional ruler should invite you, you are highly hon...