News
President Buhari Steps Down, Successor Emerges
ECOWAS Heads of States and Governments have elected President Issoufou Mahamadou of Niger as the chair of ECOWAS for a one-year term
Mahamadou was elected at the 55th Ordinary Session of the ECOWAS leaders on Saturday night in Abuja, taking over from the outgone President Buhari of Nigeria.
A communiqué read by Mustapha Suleiman, Permanent Secretary of the Federal Ministry of Foreign Affairs, said that the Leaders lauded Buhari for his commitment to regional integration.
ECOWAS also agreed to hold its next ordinary session on Dec. 21 in Abuja.
The Presidents of 13 of the 15 Heads of State were in attendance for the session.
They are the Presidents of Benin, Burkina Faso, Cote d’Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Sierra Leone, and Togo.
Cabo Verde was represented by Julio Cesar Lopes, Minister of Regional Integration and Senegal was represented by Amadou Ba, Minister of Foreign Affairs and Senegalese Abroad.
The session was also attended by the President of ECOWAS Commission Jean-Claude Brou and Mohamed Ibn Chambas, Special Representative of the United Nations Secretary-General for West Africa and the Sahel.
Others in attendance were President of the International Criminal Court, Justice Chile Eboe-Osuji and Mr Abdallah, President of the Commission of the West African Economic and Monetary Union.
News
Tinubu unveils 2024 Christian pilgrimage to Israel, Jordan
President Bola Tinubu has officially flagged off the 2024 main Christian pilgrimage to Israel and Jordan.
This was contained in a statement by the Deputy Director and Head of Media and Public Relations of Christian pilgrimage, Celestine Toruka, and published on the Commission’s official X handle on Monday.
The president, represented by the Secretary to the Government of the Federation, George Akume, urged pilgrims to view their journey as an opportunity to strengthen their faith in God.
He noted that the theme of the 2024 pilgrimage, “Pilgrimage of Renewed Hope for Total Restoration,” aligns with the vision and agenda of his administration.
The president called on the intending pilgrims to pray for the progress of Nigeria, Lagos State, and their families.
Tinubu warned the pilgrims against absconding while in the Holy Land, stressing that there is no better place than home.
Business
Reduction in fuel pump price to reflect at filling stations within the week – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged Nigerians to expect a reduction in the pump price of the product within the week.
It should be recalled that last week, the Nigerian National Petroleum Company Limited, NNPCL, and the Dangote Refinery reduced the ex-depot price of petrol to N899 per litre in Lagos.
PETROAN President, Billy Gilly-Harry, spoke on when the price change will take effect while appearing on Monday’s edition of Channels Television’s breakfast show, Sunrise Daily.
“But I believe from today when members start loading from both NNPC and Dangote at this new price reduction, it will reflect in the market.
“But also I’ll give kudos to some of our members, some of the leaders in PETROAN, you know, that have done so well, especially in Abuja, for even reducing their prices to below N1,000 before even this announcement.
“So, we don’t encourage our members to try to sell products at a loss because our focus is to serve Nigerians. And the only way we can serve Nigerians is when we have the resources to be able to do that.
“The resources can only be there if we’re making marginal profit enough to pay for the cost of money and make sure that we continue to do business. So, never mind, you’ll see the translation of this reduction of prices in the retail outlets hopefully within the week,” he said.
According to him, the inability of members to sell in line with the new ex-depot price is due to some of them having old stocks that were bought at higher prices.
The PETROAN boss commended Dangote Refinery and NNPCL for the reduction in the price of the commodity.
News
FG declares wed, Thur, Jan 1, 2025 as public holidays
Federal Government has declared Wednesday, December 25, 2024, Thursday December 26, 2024, and Wednesday January 1, 2025 as public holidays to celebrate Christmas, Boxing Day and New Year respectively.
The Minister of Interior, Dr. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government extended warm greetings to all Nigerians, urging them to use the festive period to reflect on the values of love, peace, and unity that the season signifies.
In a statement, Tunji-Ojo emphasised the importance of the season as a time to
foster harmony and strengthen bonds across families and communities.
The minister also called on Nigerians to remain committed to the peace, unity and progress of the nation for national development.
“The Christmas season is a good moment for both spiritual reflection and national renewal. As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” Tunji-Ojo, said.
He assured citizens of the Federal Government’s continued commitment to ensuring peace, security, and prosperity across the nation.
While wishing Nigerians a merry Christmas and a prosperous 2025, the minister expressed his confidence in the Renewed Hope Agenda of President Tinubu’s Administration ushering in the new year, a better and prosperous economy that will be the envy of the world.
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