Sunday 3 April 2016
Photos from stars at the exclusive premiere of Wives On Strike
Red Carpet photos at iHeartRadio Music Awards 2016
Blac Chyna's mum goes off on Kris Jenner, threatens to fight her
RMD Looking Fresh and Fine in All White Outfit
The veteran actor is sure ageing with grace, looking effortlessly handsome as always..!
Petrol Subsidy Returns: Presidency retains official pump prices
It also announced that the current official pump prices of petrol would remain at N86 per litre when purchased at filling stations run by the Nigerian National Petroleum Corporation and N86.5 per litre when sold at outlets operated by other oil marketers.
Subsidy on petrol was stopped in January after the review of the pricing template by the government.
The government further said the lingering petrol scarcity would end within few days.
Figures from the pricing templates of the PPPRA released on Saturday, showed that the Federal Government was paying N5.84 as subsidy on every litre of petrol sold at non-NNPC filling stations.
The PPPRA is the agency of the Federal Government that regulates the prices of white products — petrol and kerosene, across the country.
According to the agency, the Expected Open Market Price of petrol for non-NNPC stations as at April 2, 2016, was N92.34 per litre, against an official pump price of N86.5 per litre, leaving an under-recovery or subsidy of N5.84 per litre.
Similarly, the template for NNPC-run stations showed that the government was paying N5.80 per litre as subsidy, as the EOMP for outlets in this category was N91.80 per litre as against an official rate of N86 per litre.
The EOMP is the actual cost of petrol without subsidy and comprises of the landing cost of the product as well as its subtotal margins like transporters charge, admin fee, dealers cost, bridging fund, etc.
On the retained pump price of petrol, the Acting Executive Secretary, PPPRA, Mrs. Sotonye Iyoyo, said, “The agency is retaining the retail prices of N86.00 for the NNPC, and N86.50 for the other marketing companies. The pump price of household kerosene also remains unchanged from what it was in the last quarter.
“Therefore, marketers are advised to ensure that there is no price distortion in their respective retail outlets. PPPRA, however, shall continue to monitor the global oil market performances, and come up, at appropriate time, with reasonable changes consistent with the newly-adopted price modulation principles.”
Afrocandy Again? Releases Hot Bedroom Photos
Another Deadly Ritualists Den Busted In Ogun State [Details]
The den was located within an abandoned filling station, Ayokunnu, about 20 metres from the popular Iyana Ilogbo Bus Stop, along the Lagos-Abeokuta Expressway.
Policemen from Sango, acting on a tip off, swooped on the den at 7am only to discover a decomposing body of a male victim in the first open room in the base floor of the one-storeyed building.
It was not only the decomposing body, other victims’ shoes, clothes and caps, including a machete, were also found in the den. Two men were arrested in the operation, which lasted for about 30 minutes.
The suspected ritualists arrested were Babatunde Taofeek and Hammed Hassan. Two of their accomplices were said to be on the run.
By the time Punch arrived at the den, the police had evacuated the decomposing body and the items of other victims found in the den. The spot where the decaying body was evacuated oozed offensive odour.
The abandoned filling station is located at almost a lonely area, facing the Lagos-Abeokuta Expressway. Many of the buildings bordering the den on the right were uncompleted, and on the left was an undeveloped parcel of land overgrown with bush.
A resident said, "Their secret was leaked when some people who were returning from a vigil saw them dragging some people inside the building and they quickly alerted some people who called the police."
Another resident said that two lucky captives in the custody of the ritualists escaped from the building and it was in an attempt to recapture them that their activities became known.
An okada rider in the area who could not be identified said corpses often littered the Ilogbo and Ilepa end of the expressway.
When contacted, the state Police Public Relations Officer, DSP Muyiwa Adejobi, confirmed the incident and the arrest of the suspects.
He said effort was ongoing to arrest the owner of the abandoned filling station, adding that the suspects were under interrogation.
The state Commissioner of Police, Abdulmajid Ali, had ordered that the case be transferred to the Criminal Investigation Department of the Command, at Eleweran, Abeokuta for further investigation.
Justin Bieber shows off his new dreads hairstyle
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