Business
Naira-for-crude deal begins Tuesday as Nigerians await reduced fuel prices
Published
4 months agoon
By
Ekwutos BlogThe Nigerian government has confirmed that it will begin the supply of crude in Naira by the Nigerian National Petroleum Company Limited to the Dangote Refinery from Tuesday, October 2024 to reduce the cost of Premium Motor Spirit(Petrol).
Dare Adekanmbi, the spokesperson to the Chairman of the Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency, Zacch Adedeji and the Chairman of the Federal Inland Revenue Service confirmed this in a statement on Sunday.
He said, “I can confirm to you that the Chairman, Sub-Technical Committee, Zacch Adedeji, is working day and night to ensure that things go according to plans. He knows how important it is to have the agreement implemented as has been planned for the benefit of Nigerians.”
This comes as the committee, on September 13, 2024, announced that the Federal Executive Council under the leadership of President Bola Tinubu approved the sale of crude to local refineries in naira and the corresponding purchase of petroleum products in naira to begin from October 1, 2024.
The Committee said, “From October 1, NNPC will commence the supply of about 385kbpd (385,000 barrels per day) of crude oil to the Dangote refinery to be paid in naira,” the committee declared.
This means that NNPC is set to supply about 11.5 million barrels of crude oil to the Dangote refinery monthly, and based on the deal, the plant will release equivalent volumes of refined diesel and petrol to the domestic market also in naira.
Meanwhile, the Publicity Secretary of the Crude Oil Refinery-owners Association of Nigeria, Eche Idoko, on Sunday stated that the Naira for crude deal should be extended to other modular refineries in the country and not only Dangote Refinery.
“The committee is only discussing with Dangote at the moment.”
Earlier, Petroleum Marketers told Ekwutosblog that when crude oil is sold to Dangote Refinery and other refineries in Naira, the price of petrol will drop.
Billy Gillis-Harry, the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria made this known in August 2024.
The development comes as Nigerians buy fuel between N950 and N1,100 per litrenationwide after NNPCL announced fresh prices following the lifting of Dangote Petrol on September 15, 2024.
The State-owned oil firm had revealed that it bought Dangote Refinery Petrol at N898 per litre but the $20 billion worth of refinery had disagreed.
Dangote Refinery had asked Nigerians to wait on the Adedeji-led committee to reveal the price of its product upon commencement of crude sale in the Naira deal.
Recently, the President of Dangote Group, Aliko Dangote claimed his petrol was cheaper than the imported ones but did not mention the price of his petrol.
However, members of the House of Representatives had mandated Dangote Refinery to reveal the price of its Petrol but up to date, that information has remained private
You may like
Nigerians Lament Corruption But Defend Corrupt Leaders – EFCC Chair
Bandit leader Kachallah Bugaje repents, releases over 50 hostages
Trump: Uncertainty as 3690 US-based Nigerians face deportation
The Governor Of 3rd Poorest State In Nigeria Approves ₦4.8bn For Ramadan Meals.
BREAKING: Abia Electoral Commission Chairman, Prof. George Chima, Kidnapped in Imo State
President Murmu offers ‘dahi-cheeni’ to FM Sitharaman before presenting Budget 2025
Business
Major chocolate recall upgraded to highest risk level
Published
3 days agoon
January 30, 2025By
Ekwutos BlogThe FDA has urgently upgraded the risk level of some of the products included in a chocolate recall – warning that the products could cause death.
Cal Yee Farm, a Suisun Valley, California-based candy company, urged customers across nine states to return some of their chocolate and yogurt covered snacks on December 12, 2024.
FDA inspectors discovered undeclared substances – including milk, wheat, sesame, soy and coloring agent Yellow 6 – in several Cal Yee Farm products.
The risk level of three of the recalled items has been bumped up to the highest classification, according to the New York Post.
In a January 22 update, the FDA said the company’s Dark Chocolate Almonds, Dark Chocolate Apricots and Dark Chocolate Walnuts have been given a Class 1 recall rating for containing undeclared milk.
A Class 1 recall is the most dire kind of food recall and is described as ‘a situation in which there is a reasonable probability that the use of or exposure to a violative product will cause serious adverse health consequences or death’ by the FDA.
Arizona, California, New Mexico, Ohio, Oregon, Pennsylvania, Tennessee, Texas and Virginia are the nine states included in the recall.
The food items were also sold online, so officials have warned that they may be available in other states.
The other recalled products are: Yogurt Coated Almonds, Dark Chocolate Raisins, Butter Toffee Almonds, Tropical Trail Mix, Mango with Chili, Cajun Sesame Hot Sticks, New Orleans Hot Mix, Butter Toffee Almonds and select Fruit Baskets.
The products were sold in either 8oz, 1lb, 2lb or 5lb sizes – a full list of products has been published by the FDA.
Items are packaged in clear plastic zipper pouches with bright yellow labels on the front.
In the alert, the FDA advised consumers to throw out the recalled products or return them to the seller for a full refund. No illnesses related to the warning have been reported.
Officials warned: ‘People who have an allergy or severe sensitivity to milk, soy, wheat, sesame, Yellow 6 and almonds run the risk of serious or life-threatening allergic reaction if they consume these products.’
Cal Yee Farm is a family-owned business with more than 60 years of experience, according to the brand’s website.
‘Over the years, we have strived to provide the highest quality of dried fruits and nuts to all our customers in the U.S. and abroad. Our pledge is to provide the best customer service and fulfill all of our customers’ needs,’ Cal Yee Farm wrote.
On Wednesday, the company addressed the recall on the website, writing: ‘We did a voluntary recall on undeclared milk, soy, wheat, sesame, FD&C #6 and almonds in snack products, due to outdated labels which did not specify allergen statement.
‘Labels are now consistent with known allergens.’
An urgent recall for Lay’s potato chips has also been escalated to the highest level for containing undeclared milk.
The FDA revealed the affected products are bags of 13 oz Lay’s Classic Potato Chips distributed in Oregon and Washington.
Around 4.9 million American suffer from milk allergies and it is one of the most common food allergies in children.
Symptoms of milk allergy range from mild to severe and can include wheezing, vomiting, hives and digestive problems.
In severe cases, the condition can also cause anaphylaxis, which is a life-threatening reaction that narrows the airways and can block breathing.
Business
Hilda Baci apologizes, gifts customer ₦50K voucher after complaint over ₦6K pepper soup
Published
4 days agoon
January 29, 2025By
Ekwutos BlogPopular Nigerian, chef Hilda Baci has reportedly apologized to a customer who complained about the small portion of a ₦6,000 turkey pepper soup from her restaurant.
To make amends, she gifted the customer a ₦50,000 food voucher.
Hilda Baci’s apology message read:
“Thank you for bringing this to our attention. I sincerely apologize for the disappointment you experienced with your recent order from MyFoodByHilda. “
“It is our mission to consistently deliver the best, and I deeply regret that we fell short this time. Your feedback is valid and appreciated, as it helps us improve.”
“To make things right, I would like to offer you a meal voucher worth ₦50,000, which you can use at your convenience. Kindly share your name and email address so we can arrange this for you promptly. “
“Once again, I truly apologize and assure you of a better experience moving forward. Thank you for your understanding and continued support.”
“Warm regards,”
“Hilda Baci”
“MyFoodByHilda”
This was revealed in a trending post on X (formerly Twitter), where the customer shared an update in a fresh video, expressing gratitude to the celebrity chef for acknowledging her complaint and reaching out.
In the video, she said:
“I have to say a very big thank you to Hilda Baci for reaching out to me. She actually sent the message last Wednesday, but I just saw it today when I opened my TikTok on my laptop.”
“Thank you for acknowledging my complaint and validating my concerns. I truly appreciate it.”
“I honestly didn’t expect my video to go as viral as it did, but I’m grateful that you reached out. Thank you so much.”
Her statement comes days after she publicly called out Hilda Baci’s restaurant over the portion size of the turkey pepper soup.
While her complaint initially sparked mixed reactions online, with some labeling her “not the target audience,” she has now confirmed that Hilda Baci personally addressed the issue.
Following the new update, social media users have flooded the comment section with their thoughts on the development.
See some reactions below:
@Dansuki1122: “That means Hilda Baci should have her eatery closed down if they intentionally inflate prices of their food. I was thinking it’s that expensive normally.”
@lifeinsolace: “It’s not just enough. How many people will she give vouchers? She should just do the needful and reduce the price of her food.”
@DAllSeeinRetina: “Those that are defending her earlier should hide their face in shame…now that she has reached out.”
@ChuksOhaxx: “Hilda Baci is a good person tbh… left for me, I will allow you cry for all I care after you made that silly comment about that pepper soup.”
@omowumi_omoleke: “Thank God she doesn’t sue her because sue no dey taya them. That’s so nice of her. Good Business woman.”
@promoting_naija: “Where are those people attacking her and saying Hilda baci has her target audience.”
@mr_peteru77: “For wat she did so she should expect more people to drag her cuz me now I will go and buy that pepper soup for 6k then go online and show the world how small it is then after all the backlash I knw say 50k go bounce bak to my account. Wat a smart move.”
Business
Female rapper sues ride-hailing company after rider said she couldn’t fit in his car and canceled her trip
Published
4 days agoon
January 29, 2025By
Ekwutos BlogA plus-sized rapper who describes herself as a BBW — aka “big beautiful woman” — is suing Lyft after one of the company’s drivers allegedly told her she was too large to ride in his car.
Dank Demoss, who has previously disclosed that she weighs nearly 489 lbs., claims the rejection unfolded earlier this month in Detroit when the Lyft driver rolled up in his Mercedes-Benz sedan and immediately locked his doors.
“I can fit in this car,” the rapper, who also goes by Dajua Blanding, could be heard saying in a videoshe posted on social media on Jan. 19.
Nigerians Lament Corruption But Defend Corrupt Leaders – EFCC Chair
Bandit leader Kachallah Bugaje repents, releases over 50 hostages
Trump: Uncertainty as 3690 US-based Nigerians face deportation
Trending
- Politics12 months ago
Nigerian Senate passes Bill seeking the establishment of the South East Development Commission.
- Business12 months ago
Inflation hits record high of 29.90% on naira weakness
- Politics8 months ago
BREAKING: Federal Gov’t Offers To Pay Above N60,000, Reaches Agreement With Labour
- Trending3 months ago
NYA demands release of ‘abducted’ Imo chairman, preaches good governance
- Business3 months ago
US court acquits Air Peace boss, slams Mayfield $4000 fine
- SportsNews11 months ago
Olympic Qualifiers 2024: CAF Confirms Dates For Super Falcons Vs Banyana Banyana
- Politics3 months ago
Mexico’s new president causes concern just weeks before the US elections
- Entertainment3 months ago
Bobrisky transferred from Immigration to FCID, spends night behind bars