WATCH THE VIDEO HERE The PUNCH: The Dangote refinery may resort to exporting its Premium Motor Spirit (petrol) following the refusal of the Nigerian National Petroleum Company Limited to be the sole buyer of its product. The NNPC, in a statement by its spokesman, Olufemi Soneye, said on Saturday that it would not buy Dangote fuel unless it was cheaper than that of the international market. This is contrary to claims by the President of the Dangote Group, Aliko Dangote, that the refinery was waiting for the NNPC to roll out its product Vanguard: As schools resume for the 2024/2025 academic session across the nation from tomorrow, the economic and social dislocation caused by last week hike in the pump price of petrol is causing panic among school owners, parents, teachers and students. The Nation: The fuel price controversy raged on yesterday after the Nigerian National Petroleum Company Limited (NNPCL) declared that local refining of petrol does not necessarily guarantee lower prices of the product. The company said fuel price is principally determined by market forces and exchange rate. The fuel shortage triggered by short supply persisted yesterday although the National President of Independent Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Maigandi Shettima, said the fuel crisis would soon be over.Naijaonpoint looks at the top happenings making headlines on the front pages of Nigeria’s national newspapers today Sunday 8th September 2024.
Thank you for reading, that is all for today, see you again tomorrow for a review of Nigerian newspapers.