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Petrol landing cost drops to N981/litre

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The landing cost of Premium Motor Spirit, popularly called petrol, has dropped to N981/litre, according to data released by the Major Energies Marketers Association of Nigeria on Thursday.

The petrol landing cost, around N1,130 in previous weeks, came down by over N140 as of September 25, 2024, occasioned the recent drop in global crude oil prices.

Crude oil price and the foreign exchange rates are the major factors that determine the cost of refined petroleum products including petrol, diesel, aviation fuel, kerosene, among others.

Brent, the global benchmark for crude, traded above an average of 80/barrel in August 2024, but has kept fluctuating between $70/barrel and $75/barrel since this month.

It was $71.41/barrel on Thursday, down from the $73.46/barrel which it traded the preceding day, industry data sourced from the petroleum ministry showed.

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Figures obtained from Statistica, a global statistical firm, showed that in August 2024, the average price of a barrel of Brent was $80.36.

“This was a decrease from the previous month, following the lower oil demand in China and announcements that the Organisation of Petroleum Exporting Countries were expecting to increase production,” the firm stated.

Amid the drop in petrol landing cost and the hike in the pump prices of the commodity across the country, major oil marketers have commenced the importation of the product.

The Nigerian National Petroleum Company Limited used to be the sole importer of petrol into the country before the recent hike in the pump prices of the product and the commencement of its production and release by the Dangote Petroleum Refinery.

On September 18, 2024, The PUNCH reported that three major oil marketers were expecting vessels of imported petrol last week barring any unforeseen circumstances.

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The dealers had stated about 141 million litres of PMS were being conveyed to Nigeria by the vessels following the full deregulation of the downstream oil sector by the Federal Government. They confirmed on Thursday that some of the vessels had arrived in Nigeria.

This is coming as the Dangote oil refinery ramps up local petrol production after over two decades of fuel importation.

According to MEMAN, the landing cost of the product started its downward slope in mid-July, as it also fell below N950 in early September.

It was observed that the fall was despite the rise of the dollar against the naira. The landing cost was calculated using N1,667.22 to a dollar.

However, the average ex-depot price of petrol, according to MEMAN, was between N865 and N1,200 in Lagos; between N980 and N1,400 in Calabar, and it ranged from N1,200 to N1,400 in Port Harcourt as of Wednesday.

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The major marketers disclosed that the landing cost of diesel is now N1,089/litre while that of aviation fuel stands at N1,117.34.

It was learned that the average ex-depot price of diesel was about N1,165 in Lagos and N1,200 to N1,200 in Calabar and Port Harcourt.

It was observed that the difference between imported petrol and that of Dangote might be N83 if calculated by N898 which the Nigerian National Petroleum Company claimed it bought the Dangote fuel.

Though officials of the $20bn refinery denied selling its fuel at N898 to the NNPC, it has yet to give a different figure over a week ago.

It could be recalled that the NNPC hiked the price of petrol the same day the Dangote refinery unveiled its locally-produced fuel.

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From around N600, the price of PMS jumped to N855 and N900/litre. With the commencement of the PMS sale, the NNPC also announced new prices.

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Coal City University Slams Sahara Reporters Report as False, Malicious, Demands Retraction

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Coal City University, Enugu, has strongly refuted allegations contained in recent publications by Sahara Reporters, describing the reports as false, misleading, malicious, and lacking proper verification.
In a press statement issued on Thursday, the university’s management expressed concern over what it described as a series of inaccurate reports aimed at tarnishing the institution’s reputation.
The university maintained that the allegations published by Sahara Reporters do not reflect the realities within the institution and were presented without adequate fact-checking or engagement with the university’s position.
According to the statement, the reports follow an earlier publication in March 2026 which alleged that the university admitted students into a Law programme beyond approved regulatory limits. Coal City University clarified that it neither operates a Faculty of Law nor offers a Bachelor of Laws (LL.B.) programme, making such allegations impossible.
The university also rejected claims of salary non-payment and an alleged strike action by staff, insisting that the allegations are entirely unfounded and intended to create a distorted impression of the institution’s operations and welfare conditions.
Addressing reports surrounding a June 10, 2026 incident involving a student and certain university personnel, management stated that Sahara Reporters misrepresented the facts of the matter. The university disclosed that before the publication of the report, it had already suspended all staff and students directly involved and constituted a Review Committee to investigate the incident and make recommendations.
Coal City University further revealed that the student at the centre of the incident is a beneficiary of the institution’s scholarship programme, emphasizing that this status would not affect the fairness or impartiality of the ongoing review process.
The institution also dismissed what it described as inaccurate claims regarding its academic activities, internal administration, and treatment of members of its community. Management stressed that academic programmes, examinations, research activities, student services, and administrative functions have continued uninterrupted in line with approved schedules and institutional policies.
Reaffirming that the university remains fully operational, management accused Sahara Reporters of publishing allegations without verification and warned that the continued circulation of such reports could mislead the public and cause unwarranted damage to the institution’s reputation.
Consequently, the university said it has directed its legal advisers to formally engage Sahara Reporters and demand an immediate retraction of the publications, along with appropriate corrective action. The institution stated that it expects the reports to be withdrawn in the interest of fairness, accuracy, and responsible journalism.
Coal City University reiterated its commitment to academic excellence and vowed to take all lawful measures necessary to protect its reputation and institutional integrity.
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Nigerian Polymath Kamdi Okeke Graduates Summa Cum Laude, Secures Historic $442,044 Medical Scholarship in USA

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Kamdi Okeke, 21, an international student from Nigeria on June 11, 2026, graduated summa cum laude (First-Class with Highest Distinction) from Drexel University, Philadelphia, Pennsylvania, United States, earning a Bachelor’s degree in Biomedical Engineering.

This August, with a 3.95 GPA, a 521 MCAT, and rich background in community service, Biomedical and AI innovation, he is heading to medical school to pursue his MD. After recieving acceptances from five top-tier U.S. institutions – including the Ivy League’s Perelman School of Medicine at University of Pennsylvania (UPenn) – and a waitlist spot at Johns Hopkins, he is ready to begin his medical journey. His admission to UPenn comes with one of the most significant academic honors in the United States: the Perelman School of Medicine Twenty-First Century Scholars’ Award. This meritorious scholarship covers the full cost of tuition, fees and attendance for the four-year MD program – a testament to his status as one of the most promising medical students in the United States.

Okeke’s Award letter reads in part, “Congratulations!You have been selected to recieve the prestigious Twenty-First Century Scholars’ Award at the Perelman School of Medicine at the University of Pennsylvania. This meritorious scholarship … provides 4 years of full tuition and fees for the MD program. Beyond its significant financial value, the award recognizes an applicant’s outstanding achievement and leadership across a variety of domains, including natural, social and behavioral sciences, arts and humanities, civic and global engagement, community service, and entrepreneurship. Receiving this award is also a testament to your future leadership potential within medicine and healthcare, which we look forward to developing further at Perelman School of Medicine. Our stellar faculty is committed to providing you with a comprehensive medical education that is enriched with myriad curricular opportunities and extracurricular experiences to help you attain all of your career goals … We are all here to support your medical education at the Perelman School of Medicine, and hope you will make Philadelphia your home for the next several years, if not beyond! … we look forward to the privilege of providing you with a superlative education within a phenomenal University community.”

This award, one of the most prestigious in global medical education, follows Okeke’s trajectory of excellence that spans two continents and multiple disciplines.

A Foundation of Excellence/COVID-19 Community Response in Nigeria

Okeke’s journey to the pinnacle of American medical education began in Enugu, Nigeria. A true polymath, he graduated top of his Spring of Life Secondary School class of 2021, recording historic performance with straight distinctions in WAEC/SSCE.

Earlier at 15, Okeke demonstrated leadership in community service during the COVID-19 pandemic in 2020 when he founded Youth Advocacy Against COVID-19 (YAAC) in Enugu. The initiative mobilized student volunteers to promote public health awareness through social media campaign on coronavirus containment.

The group also designed, produced and distributed protective face shields against Covid-19 infection. Speaking to a Nigeria national daily, The Sun, on 26 November, 2020, concerning the face shield project, Okeke explained, “We developed a cost-effective design for transparent face shields using Fusion 360 design software to create the visual representation of the face shield we wanted to make. Then, to keep our organization out of project pinch and have a proper project plan over time, we developed Gantt Charts, our project management tool, which assisted us in the planning and scheduling aspects of the projects, indicating the status of, as well as who is responsible for, each task in the project. We were thus able to effectively manage time and resources to maximize production. To fund the project, we emptied our piggy banks as we searched for, and procured, the materials for the production of the face shields: transparent film, 1.75mm thick foam, elastic bands, gum, adhesive tape, stapler machine, pins and other miscellaneous materials. After purchasing the first stock of the raw materials, we converted the family study into a makeshift workshop and production started.”

The group distributed more than 2000 protective face shields to healthcare workers and students across hospitals and schools in Enugu state, supporting frontline pandemic response efforts.

Awards at Drexel University

During his undergraduate studies in the US, Okeke’s tenure was marked by significant contributions to the scientific and entrepreneurial communities. He distinguished himself through academic excellence, innovation, entrepreneurship and leadership, earning multiple competitive awards. These include:
(i) Paul Scheffler Endowed Award: Recognition for “Outstanding Contribution” to his field of study – for two consecutive years, 2025 and 2026,
(ii) Baiada Institute Innovation Tournament — 1st place prize, 2024 – awarded for the most compelling startup concept and strongest presentation to the judging panel,
(iii) Spring Drexel Startups Fund Competition Winner, 2024 & 2026, granted to startups/ventures demonstrating exceptional ideas with clear value propositions, strong execution capabilities, and scalable business models,
(iv) Tau Beta Pi (TBP) National Engineering Honor Society Membership, 2024, recognizing students in the top eight percent of their engineering class,
(v) Dean’s List — winter 2022 to graduation
(vi) A.J. Drexel Scholarship and Drexel Grants: 2022 – 2026, in recognition of his undergraduate potential.

Research Work at University of Pennsylvania

Okeke participated in orthopedic research at the McKay Orthopedic Research Laboratory at the University of Pennsylvania, where, besides contributing to develop wearable sensor algorithms quantifying real-world knee loading in veterans with osteoarthritis, he worked on biomechanics and rehabilitation studies investigating mobility during pregnancy, and tendon healing following injury.
His work contributed to ongoing studies aimed at understanding degenerative joint conditions and improving musculoskeletal health outcomes.

Meddibia: Bridging Healthcare Technology Gaps in Nigeria

As an intern working with modern Electronic Medical Record (EMR) systems in U.S. healthcare settings, and worried by his own experience with paper-based medical record back home in Nigeria, Okeke identified an opportunity to improve healthcare equity in sub-Saharan Africa. He collaborated with two other partners in Meddibia, an AI-powered healthcare software startup, to develop Meddibia EMR (Electronic Medical Record) system tailored for low-resource environments of sub-Saharan Africa.
The platform digitizes paper medical records while maintaining functionality despite unreliable electricity and internet connectivity. The goal is to modernize healthcare documentation and improve patient access across sub-Saharan Africa.
The team emerged the top winner of the spring 2024 Drexel Startups Fund Competition hosted by the Charles D. Close School of Entrepreneurship.

Evaluating and highlighting its mission to digitize medical records in underserved regions, the Philadelphia-based Starter’s Review, a news outlet that covers broader Philadelphia startup landscape, on August 20, 2024, hailed Meddibia as “a beacon of hope for millions of people in developing countries.” It went further to write, “The Drexel community is proud to support these young innovators”.

WazobiaCode: Expanding Opportunities through Coding Education

Motivated by economic inequality he witnessed amongst his peers while growing up in Nigeria, Okeke led a multi-disciplinary team of Nigerian students in the U.S. who co-founded WazobiaCode, a nonprofit initiative dedicated to teaching programming skills to underserved youth across sub-Saharan Africa.
The organization launched a pilot online coding boot camp in Nigeria, aimed at equipping young people with marketable digital skills and improving their employment prospects. The initiative competed at the Drexel University Baiada Institute Innovation Tournament in the spring of 2024, and came tops. The award enabled the team to offer the pilot program in Nigeria, free of charge, to participants which equipped hundreds of Nigerian youth with digital skills.

Cofounding Xploit: AI Security Innovation

In November 2025, Okeke turned his attention to the burgeoning field of AI security. He co-founded Xploit, an autonomous cybersecurity tool designed to identify vulnerabilities in AI agents. The platform addresses emerging risks as businesses increasingly deploy AI systems capable of performing real-world actions using integrated tools.
The team developed Xploit as an automated red-teaming platform that simulates attacks on AI agents to detect weaknesses before malicious actors can exploit them. The startup first pitched at the
Startup-in-a-Weekend Hackathon hosted by The Foundry & Velric between November 21 to 23, 2025 in Philadelphia where it competed amongst over 100 entries and won the star prize in the “New Project Track” category.

Later, Xploit proved its worth at the Venture Building Hackathon in Philadelphia hosted, March 12 – 14, 2026, by United Effects Ventures (UEV), a pre-seed venture studio sponsored by JP Morgan, Nvidia and others.
Outperforming 15 other competing teams, Xploit secured the grand prize, with industry experts hailing Xploit’s pivot toward a “continuous red-teaming model” as the definitive future of AI vulnerability management, a promising solution particularly for small and medium-sized businesses lacking dedicated cybersecurity teams.

Lately, on June 9, 2026, Xploit got a further boost in the spring 2026 Drexel Startups Fund Competition where it won the star prize in funding, in addition to access to mentorship, incubation space in the Baiada Institute, and introduction to angel and venture capital funding from the University’s alumni network.

A Path toward Medicine and Global Impact

For Okeke, the upcoming move to medical training at UPenn is less of a pivot and more of a convergence. His work to date which sits at a rare and vital intersection – spanning biomedical research, automated AI safety platforms, and youth empowerment – reflects a deeply rooted commitment to leveling playing fields and democratizing technology.
His trajectory stands as a powerful testament to what is possible, offering a masterclass in global ambition for international students, demonstrating that a rigorous Nigerian secondary school education can serve as a launch pad to the highest echelons of the Ivy League. More than just a personal milestone, his story underscores the rising tide of Nigerian innovators shaping global academia, and the immense potential of tech-driven solutions to close worldwide healthcare disparities.

Ultimately, Okeke’s journey, stretching from distinction-strewn beginnings in Enugu to the historic halls of Ivy League medicine, embodies the true spirit of a modern polymath: versatile, resilient, and relentlessly excellent.

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INSECURITY: Varsity Bans Students from Bringing Cars, Motorcycles into Campus

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The management of Prince Abubakar Audu University (PAAU), Anyigba, has banned students from bringing personal cars and motorcycles, particularly Haojue, TVS and other commercial-style motorcycles, into the campus until further notice.

The decision is part of a series of stringent security measures introduced following the June 11 security breach that claimed the life of a 300-level Biochemistry student, David Ocholi Solomon.

In a notice signed by the Registrar, Mr. Siyaka Audu, the university said the measures were approved at the institution’s 401st Regular Meeting of the University Management Committee held on June 15, 2026, to strengthen security within and around the campus.

The management also prohibited the entry of tinted vehicles, vehicles with concealed number plates, and unregistered cars and motorcycles into the institution. Staff members with approved tint permits have been directed to register their vehicles with the Chief Security Officer (CSO).

As part of access control measures, the university announced that the main gate would serve as the only entry and exit point for vehicles, while all other gates would be restricted to pedestrian movement.

The management further directed the CSO to conduct a comprehensive registration and identification exercise for commercial motorcycle operators (okada riders) operating around the campus in collaboration with their union leaders. A speed limit of 35 kilometres per hour within the university environment will also be strictly enforced.

According to the notice, the institution plans to engage solar-powered tricycle operators to complement existing shuttle services and reduce reliance on motorcycles for transportation within the campus.

The university also made it mandatory for all staff and students to visibly display their identity cards while on campus, pending the completion of the ongoing ID card issuance exercise. Vehicle owners will be issued identification tallies, while the replacement of lost tallies will attract a fee of N5,000.

In addition, all visitors to the campus must undergo proper identification and security screening before gaining access. The management also disclosed plans to identify and block illegal routes leading into the institution to prevent unauthorized entry.

To enforce discipline, the university warned that any department or student found violating the existing ban on end-of-examination celebrations would face severe sanctions, including the cancellation of examinations written on the affected day.

Such examinations, the notice stated, can only be retaken during the corresponding semester of the next academic session after the payment of fresh school fees.

The management further revealed that the Kogi State Government is providing Closed-Circuit Television (CCTV) cameras and other security gadgets at strategic locations across the campus to enhance surveillance and crime prevention.

The university also reiterated that the suspension of all unauthorized student gatherings and social activities remains in force until further notice. Additionally, the use of cross-body bags has been prohibited as part of the enhanced security measures.

Management urged staff, students and other stakeholders to cooperate fully with the 11-member committee investigating the security breach and comply with the new directives in the interest of safety and stability.

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Ojukwu University: Soludo Inaugurates New Governing Council, Says Former Council Was Dormant

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Ojukwu University: Soludo Inaugurates New Council, says former Council Dormant

By Okey Maduforo Awka .

Governor Charles Soludo of Anambra state on Thursday took a swipe on the immediate past Governing Council of Chukwuemeka Odumegwu Ojukwu University Igbariam describing it’s dormancy as inexplicable.

To this end Soludo at the Light House Awka inaugurated a new set of Governing Council for the institution charging them to be alive to their responsibilities.

“You have a lot of heavy lifting to do,” the Governor stated. “I am confident that with the new leadership of the Council, you will provide nothing short of excellence. Work with the greatest level of integrity, conscientiousness, and passion.

Consider what is best for the university and the generations unborn; we are all birds of passage. What is important is, while you serve, what changed for the better? That is your guiding principle.”

Governor Soludo did not shy away from addressing the systemic challenges that necessitated this transition, noting that the preceding council had remained dormant for reasons he deemed “inexplicable.”

He expressed particular concern regarding the integrity of recent academic recruitment processes. “I got the full report. I had to do my own due diligence.

The Governor expressed full confidence in the new leadership to reverse these trends, stating, “With Professor Peter Onwualu as your Chairman and Pro-Chancellor, your problems are solved. Just get going. Take the university to realize its manifest potential. With the calibre of men and women of such knowledge, expertise, and ‘fire in the belly,’ you will succeed.”

Responding on behalf of the newly inaugurated body, Professor Onwualu affirmed the Council’s commitment to transformation. “This will be a different Council,” he assured.

“We intend to make COOU one of the top three state universities in the country. The problem of weak institutions is a Nigerian problem, but we will make COOU a very strong university. We covet the Governor’s support to make this happen.”he noted .

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UNN Dismisses Terror Attack Rumours, Tightens Security on Nsukka Campus

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NSUKKA, ENUGU STATE — The management of the University of Nigeria, Nsukka (UNN), has assured staff, students and parents of adequate security on campus, dismissing as false and unsubstantiated reports circulating on social media about an alleged impending terrorist attack and mass abduction of students.
In a statement issued on Saturday by the Acting Public Relations Officer of the university, Mr. Inya Agha Egwu, the institution said there was no credible security intelligence or verified threat supporting the claims contained in the viral social media post.
The university, however, disclosed that it had adopted additional precautionary measures to further strengthen security across the Nsukka campus.
According to the statement, personnel of the Nigerian Police Force and the Nigerian Army have been deployed to strategic entry points within the university to complement the efforts of the institution’s security unit.
Management also announced the temporary closure of some access gates to the campus to enhance monitoring and regulation of movement into and out of the university.
As part of the new security measures, motorcycle operations within the campus have been suspended with immediate effect. Only motorcycles belonging to authorised security personnel will be allowed beyond the university gates.
Staff members who use motorcycles for transportation have been advised to park them at designated locations outside the campus before proceeding to their offices.
The university urged members of the academic community to remain calm and continue their normal activities without fear, stressing that there was no known security threat to the institution.
It also cautioned against the spread of unverified information capable of causing unnecessary panic and anxiety among students, staff and the general public.
While reiterating its commitment to maintaining a safe environment for teaching, learning and research, the management encouraged students and staff to remain vigilant and promptly report any suspicious movement or activity to the University Security Department or relevant security agencies.
“Security is a collective responsibility, and the cooperation of all staff, students and stakeholders is essential in maintaining the peaceful and secure environment for which the University of Nigeria is known,” the statement said.
The university further advised the public to treat anonymous social media posts and unverified online messages with caution, particularly those containing sensational claims intended to generate fear and uncertainty.

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