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Despite COVID-19 Disruption, Buhari’s Government Increases Petrol Price Again To N170 Per Litre

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Despite COVID-19 Disruption, Buhari’s Government Increases Petrol Price Again To N170 Per Litre

There are clear indications that another fresh regime of hike in petroleum prices across the country is here as the Petroleum Products Marketing Company (PPMC) adjusted the ex-depot price of Premium Motor Spirit, also known as petrol, from N147.67 to N155.17.

Weetalknaija.com.ng learned through a memo of the PPMC dated November 11, that the new price regime becomes effective on November 13, 2020.

The memo, signed by Ali Tijani, showed that the landing cost average for PMS has increased from N119 in September and October to N123 in November.

The PPMC is a subsidiary of the Nigerian National Petroleum Corporation, NNPC, and currently imports almost all of Nigeria’s petrol.

Similarly, the ex-coastal selling price for the month has also increased to N130 in November, from N125 in the previous months.

In the same vein, the ex-depot price without collection shot up from N138 in September and October to N142 in November.

The ex-depot price with collection, which ultimately influences pump price, shot up to N155.17.

The ex-depot price is the price at which the product is sold to marketers at the depots.

With a retailer margin of N6.19, the PPMC pegged the minimum pump price at N161 in November, from the N153 peg announced for September and October.

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By implication, effective November 13, Nigerians may begin to buy fuel from filling stations at prices between N172 and N175, or higher.

In September, the pump price of petrol hit N161 per litre after the government increased the price at which it sells the product to marketers from N138.62 per litre to N147.67.

The development was met with criticisms and outrage among Nigerians as many lamented the bad economic conditions made worse by the price hike.

The government at the time increased the petrol price shortly after power distribution companies announced a hike in electricity tariffs.

Many Nigerians, struggling with the economic realities of COVID-19 disruption, considered the move insensitive and harsh.

 

One Out Five COVID-19 Deaths In Africa Linked To Diabetes— WHO

The World Health Organisation (WHO), says nearly one in five COVID-19 deaths in Africa is linked with diabetes, according to a study. WHO disclosed this in a statement issued on Thursday from its Regional Office for Africa, Brazzaville, Congo.

According to the statement, WHO finds out that 18.3 per cent of COVID-19 deaths in the African region are among people with diabetes. “They are among people with diabetes, one of the conditions that global studies have found to increase the risk of severe illness and death among patients infected with the virus.

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“The WHO analysis of 14 African countries showed that the risk of complications or death from COVID-19 among people with diabetes increases with age, with people aged 60 years and above facing greater risks.

“Diabetes is a major cause of blindness, kidney failure, heart attacks, stroke and lower limb amputation, but with early diagnosis and treatment, many of the harmful effects of the disease can be delayed or even avoided.

“The disease occurs either when the pancreas does not produce enough insulin [type 1diabetes] or when the body cannot effectively use the insulin it produces [type 2 diabetes]. “ The more common is type 2 diabetes.’’

Over the past three decades, it stated that the occurrence of type 2 diabetes had risen dramatically in all countries around the world

 

Quit Now Or You Die — WHO To Tobacco Smokers

 

 

The World Health Organization today sent a chilling warning to all tobacco smokers to quit now to avoid avoidable heart disease and death, including death from Covid-19.

In a brief released one week to World Heart Day on 29 September, the WHO said 1.9 million people die from tobacco-induced heart disease every year.

“This equates to one in five of all deaths from heart disease..We urge all tobacco users to quit and avoid a heart attack”, said the report written by the World Health Organization, World Heart Federation and the University of Newcastle Australia.

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“Smokers are more likely to experience an acute cardiovascular event at a younger age than non-smokers”, the report stressed.

“Just a few cigarettes a day, occasional smoking, or exposure to second-hand smoke increase the risk of heart disease. But if tobacco users take immediate action and quit, then their risk of heart disease will decrease by 50% after one year of not smoking.

“Given the current level of evidence on tobacco and cardiovascular health and the health benefits of quitting smoking, failing to offer cessation services to patients with heart disease could be considered clinical malpractice or negligence.

“Cardiology societies should train their members in smoking cessation, as well as to promote and even drive tobacco control advocacy efforts,” said Dr Eduardo Bianco, Chair of the World Heart Federation Tobacco Expert Group.

 


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Jake Clifford

Jake Clifford is a Nigerian Born blogger and a fast growing Journalist, whose aim is to inform Nigerians with happening across Nigeria. Send story tips to him via [email protected] or

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