Depots deserted as petrol landing cost hits N720
Many petroleum products depots are currently deserted due to lack of products caused by foreign exchange rate volatility, as the landing cost of Premium Motor Spirit, popularly called petrol, has increased to N720/litre, oil marketers said on Thursday. It was further gathered that the landing cost of PMS into Nigeria had increased to N720/litre, up from N651/litre in August this year. N720/litre landing costThe PUNCH further gathered that the landing cost of petrol has risen to N720/litre from N651 in August. According to him, if the landing cost was already N720, the pump price should be around N729/litre in Lagos State if the Federal Government had truly stopped subsidising the product. It is when we have a stable government that there could be prosperity.”Ilo added, “As of today, NNPC is subsidising these products.
Source:Punch
October 06, 2023 18:16 UTC
40 die in India glacial lake flood
This handout photograph released by the Indian Army and taken on October 4, 2023, shows a flooded street in Lachen Valley, in India's Sikkim state following a flash flood caused by intense rainfall. - The Indian army said on October 4 that 23 soldiers were missing after a powerful flash flood caused by intense rainfall tore through a valley in the mountainous northeast Sikkim state. (Photo by INDIAN ARMY / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / INDIAN ARMY" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS - RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Indian Army" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS /40 people have been confirmed dead in a glacial lake burst that triggered a torrential flash flood in India, according to officials. Violent torrents stuck the remote state of Sikkim on Wednesday after the sudden bursting of a high-altitude glacial lake in neighbouring Nepal. “Nineteen bodies have been recovered” in Sikkim state, V.B.
Source:Punch
October 06, 2023 18:12 UTC
HIV patients and pregnant women found among people intending to marry in Hisba
Ahead of the state-sponsored mass wedding in Kano, the Hisba Commission has uncovered the health status of couples intending to marry, including HIV/AIDS, Hepatitis B and early pregnancy among couples. The NNPP government has re-launched the Group Marriage Scheme, selecting 3,600 men and women to benefit from government funding to build their matrimonial homes. As part of the mitigation measures, the state government has approved a budget of N800 million for mass weddings. Lawyer Abba Sufi, the council’s director-general, told reporters there were plans to sponsor a bill that would require premarital screening to determine a couple’s health status. “This finding demonstrates the importance of premarital screening, which we cannot take for granted.
Source:The Guardian
October 06, 2023 15:09 UTC
10 intimate care tips for men
Intimate care is a critical aspect of overall hygiene and well-being for men. In this article, we will discuss ten crucial intimate care tips that every man should incorporate into his daily routine. Stay Hydrated: Drinking plenty of water is crucial for overall health, including intimate care. Maintain Overall Health: A healthy lifestyle, including regular exercise, adequate sleep, and stress management, can positively impact your intimate health. By following these ten intimate care tips and incorporating them into your daily routine, you can maintain a healthier, more comfortable intimate area and improve your quality of life.
Source:Nigerian Tribune
October 06, 2023 08:22 UTC
HYT Consulting celebrates decade of excellence at independence-themed party
Folusho Odegbaike, lead consultant at HYT Consulting, has revealed that Nigeria’s ‘Japa’ syndrome is no reason to cry over spilt milk, but an opportunity to step in and train those who remain with soft skills to increase employability in the nation. She made the call during her company’s 10th year anniversary celebration, which coincides with Nigeria’s Independence Day, October 1. She said, “We have been in business for 10 years now, even though we started pretty small like every SME. “During my tenure as the head of Human Resources, I assumed responsibility for the entire HR operations and successfully undertook a comprehensive restructuring of the HR division, aligning it with best practices. Additionally, she is an active member of several professional institutes, including the Society of Human Resources Management (SHRM), Chartered Institute of Personnel Development U.K (CIPD), and Nigerian Institute of Training & Development (NITAD).
Source:Nigerian Tribune
October 06, 2023 05:48 UTC
Fuel scarcity looms as exchange rate crisis hampers oil marketers’ operations
Nigerians may yet be faced with another round of fuel scarcity as oil marketers lamented on Thursday the increasing exchange rate, which has made product importation nearly impossible. This was even as they demanded “Emergency Palliative Measures” that would allow the importation of products at N600 per dollar within the next three months. Already, he said several filling stations have shut down operations, adding that the increasing cost of crude oil and foreign exchange has also impacted private depot owners. “Worst hit are filling stations whose owners find it extremely difficult to secure funds to procure products for their retail outlets. He stressed that the effective distribution of products across the country is hinged on the provision of roads and management.
Source:Nigerian Tribune
October 05, 2023 23:16 UTC
WTD: Edo deputy speaker salutes teachers as nation developers
Deputy speaker of the Edo Assembly, Mrs Maria Edeko, on Thursday, eulogised teachers on the occasion of World Teachers Day, describing them as “nation builders”. Mrs. Edeko in a goodwill message to the teachers stressed that no nation could develop without teachers, and urged the society to appreciate them. The Edo State deputy speaker said that the world recognised the importance of teachers in shaping the future of the country, hence the need for support from all stakeholders. She noted that the Governor Godwin Obaseki-led administration had prioritised education in the state with the introduction of technology to teach the children. According to her, no amount of commendation appreciation would actually be enough to pay for the immense sacrifice and contribution teachers make to the development of the nation.
Source:Nigerian Tribune
October 05, 2023 18:55 UTC
Economic crisis: States borrow N46bn from banks to pay salaries
The bank noted, “The Salary Bailout Scheme was approved by the Federal Government to assist state governments in the settlement of outstanding salaries owed their workers. Funds are disbursed to banks nominated by beneficiary states at two per cent for on-lending to the beneficiary states at 9 per cent. This also means that the revenue underperformed by 16.99 per cent as it failed to hit the states’ revenue target. States debtAlso, The PUNCH had reported that state governments’ indebtedness to commercial banks rose to N2.2tn amid worsening revenue challenges. He admitted that state governments might be unable to join in the Federal Government’s effort to increase allowance to workers.
Source:Punch
October 05, 2023 18:22 UTC
The Future of Your Local Is Hyperlocal
Ask for the Martini dirty, and your drink will arrive with no olive brine at all. In the case of the dirty Martini, Post Haste answers with the Farmer’s Dirty Martini, a savory concoction made with Seneca Drums gin, from New York’s Finger Lakes, fortified with cherry tomato brine. You won’t find the usual suspects of imported name-brand spirits, like Tanqueray or Johnnie Walker, occupying the well. Meanwhile, more widespread techniques like acid-adjusting have helped maximize the use of seasonal produce, while reducing reliance on imported ingredients. These hyperlocal beverage programs often mirror the farm-to-table ethos of the restaurants they exist within, where bar and kitchen work in tandem to support local purveyors, source products sustainably and minimize waste.
Source:Punch
October 05, 2023 09:25 UTC
Naira among Africa’s worst currencies, falls by 40% –W’Bank
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. “The weakening of the naira was triggered by the central bank’s decision to remove trading restrictions on the official market. It noted that parallel exchange market rates are also compounding inflationary problems for some countries in the African region. It said, “The incoming Tinubu administration implemented a series of reforms that included the removal of fuel subsidies and the devaluation and unification of the exchange rate system. “The naira has weakened by nearly 40 per cent against the US dollar since the mid-June devaluation.
Source:Punch
October 05, 2023 09:13 UTC
Eight things you should know about Albatross
There are four main species of albatross: Great Albatrosses, North Pacific Albatrosses, Mollymawks and Sooty Albatrosses. Related Posts No Content AvailableThese are eight amazing facts to know about Albatross;1.The largest wingspan of any living Bird. The wandering albatross, scientifically known as Diomedea exulans, boasts a remarkable wingspan of up to 12 feet, making it the largest living bird on Earth in terms of wingspan. Some have even been recorded living for several decades longer, with the oldest known wild albatross living to be over 80 years old. These extended lifespans make albatrosses one of the longest-lived bird species on the planet.
Source:Nigerian Tribune
October 05, 2023 08:49 UTC
Of Nasarawa’s trailblazing at 27
FOR the people of Nasarawa State, there is always a double celebration on October 1 of every year. It therefore celebrated 27 years of existence as one of the 36 states in the country last Sunday. Governor Sule had promised from the onset to focus on security, education, healthcare, investment, industrialisation, economy, agriculture. The governor equally placed priority on the completion of projects embarked on by past administrations, while also embarking on new projects. The road when completed will assist greatly in reducing the daily traffic grid lock being experienced along Keffi-Abuja expressway.
Source:Nigerian Tribune
October 05, 2023 08:33 UTC
FIFA to hold 2030 World Cup across three continents, six countries
The world football ruling body, FIFA, has confirmed it will host the 2030 World Cup in six countries across three continents. The 1930 world cup was won by host Uruguay in a 4-2 win against Argentina. The statement partly reads, “In 2030, the FIFA World Cup will unite three continents and six countries, inviting the entire world to join in the celebration of the beautiful game, the Centenary and the FIFA World Cup itself. “Additionally, having taken into account the historical context of the first-ever FIFA World Cup, the FIFA Council further unanimously agreed to host a unique centenary celebration ceremony in Uruguay’s capital, Montevideo, where the first ever FIFA World Cup took place in 1930, as well as three World Cup matches in Uruguay, Argentina and Paraguay respectively. Punch Online reports that the 2026 World Cup will be hosted in three North American countries, Canada, Mexico and the United United States of America.
Source:Punch
October 04, 2023 17:46 UTC
Guidance and counselling units must be made available in Basic schools – Coordinator
To ensure school children navigate the complexities of society and grow to become responsible citizens, an educationist is proposing the establishment of guidance and counselling units in basic schools to take up that role. He was speaking at the fourth graduation ceremony of the LEAP School for its continuing pupils, on the theme: “Overcoming Obstacles”. Mr Danso said guidance and counselling units in schools would provide opportunity for the pupils to share issues affecting their development for professional advice to guide their steps. He attributed the successes chalked to the invaluable contributions of parents as well as the tremendous role played by management and teachers. He expressed the school’s commitment to providing holistic education for children by inculcating in them qualities that would enable them to successfully climb the academic ladder.
Source:Nigerian Tribune
October 04, 2023 16:30 UTC
Can oil demand weather the $100-a-barrel punch?
Can the global economy weather oil trading at $100-a-barrel next year? Because a triple-digit price tag wouldn’t just mean elevated energy prices — it would also turbocharge the dollar. The result could be a slowdown in oil demand growth in 2024.Japan is perhaps the best example of the oil-and-currency cocktail. Still, on the margins, they matter.Oil traders currently say there’s little sign that global demand is taking a big hit. “High prices lead to demand destruction,” he commented.Another unacknowledged problem for emerging markets like India and China: The benefit of their non-aligned oil policy is ending.
Source:Punch
October 04, 2023 15:40 UTC