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Breaking: President Tinubu offers lifeline to Dangote Refinery, NNPC to sell crude to it in Naira

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To ensure the stability of the pump price of refined fuel and the dollar-Naira exchange rate, the Federal Executive Council today adopted a proposal by President Tinubu to sell crude to Dangote Refinery and other upcoming refineries in Naira.

Dangote Refinery at the moment requires 15 cargoes of crude, at a cost of $13.5 billion yearly. NNPC has committed to supply four.

But the FEC has approved that the 450,000 barrels meant for domestic consumption be offered in Naira to Nigerian refineries, using the Dangote refinery as pilot. The exchange rate will be fixed for the duration of this transaction.

Afreximbank and other settlement banks in Nigeria will facilitate the trade between Dangote and NNPC Limited. The game changing intervention will eliminate the need for international letters of credit. It will also save the country of billions of dollars used in importing refined fuel.

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Police Restore Calm in Omu-Aran After Violence, Palace and Bank Attacks; Five Arrested

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The Kwara State Police Command has restored order in Omu-Aran, Irepodun Local Government Area, following a wave of violent disturbances on May 25 and 26, 2025, sparked by the actions of unruly youths.

According to a statement released by the Police Public Relations Officer, SP Adetoun Ejire-Adeyemi, and made available to Just Event Online TV, the unrest was triggered by the arrest of a suspected drug dealer and arms trafficker known as Azeez, also called “A-Z,” by the Anti-Kidnapping Squad.

Azeez was reportedly freed by a mob while being transported to the police station. The group later attempted to storm the station but were successfully repelled by officers. The mob then moved to the Olomu’s Palace, where they set a motorcycle belonging to the monarch’s police orderly ablaze.

The situation escalated on the second day as the mob attacked the Olomu Aperan Microfinance Bank, vandalizing vehicles, the bank’s signboard, CCTV system, and other assets.

Police have arrested five suspects in connection with the attacks. Staff of the affected bank were safely evacuated and taken to the police station for protection.

In response, the Commissioner of Police, CP Adekimi Ojo, has directed enhanced patrols and surveillance across the community to maintain peace. The public has been urged to remain calm and refrain from spreading misinformation while investigations are ongoing.

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UPDATE: Real Reason for Sheikh Gumi’s Deportation from Saudi Arabia Uncovered

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Controversial Islamic cleric, Sheikh Ahmad Gumi, has been deported from Saudi Arabia and barred from participating in the 2025 Hajj pilgrimage—an action that has sparked widespread public reaction. Now, sources have revealed the reason behind the unexpected move.

According to reliable reports, Saudi authorities refused Gumi entry into Medina due to concerns over his alleged associations with groups involved in regional unrest in Nigeria. During routine immigration procedures, the cleric was reportedly questioned about his previous public statements and affiliations, particularly his consistent calls for negotiations and leniency toward armed factions in Northern Nigeria.

Sources claim Gumi was unable to provide responses that satisfied authorities, resulting in his immediate deportation—even though he held a valid Hajj visa. The incident has ignited intense discussions in Nigeria, raising questions about the potential impact on his public standing and influence.

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JUST IN: Saudi Arabia Denies Sheikh Gumi Entry for Hajj, Deports Him to Nigeria

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Saudi authorities have barred prominent Kaduna-based Islamic scholar, Sheikh Ahmad Gumi, from participating in the 2025 Hajj pilgrimage and have deported him back to Nigeria.

The cleric confirmed the development in a Facebook post on Monday, May 26, 2025, revealing that although he was granted a visa, he was denied entry into Medina where he intended to commence his Hajj rites.

“Despite being issued a visa, I was not permitted to enter Medina due to certain concerns linked to my political views,” Sheikh Gumi stated on his official Facebook page.

He also expressed appreciation to the Nigerian government, noting that officials have promised to engage Saudi authorities over the matter.

Sheikh Gumi was reportedly part of a group of religious scholars sponsored by the Nigerian Hajj Commission (NAHCON) for this year’s pilgrimage.

He arrived in Medina around 10:30 p.m. last Saturday aboard an Umza Air flight, accompanied by other clerics. However, immigration officials at the airport stopped him from proceeding into the country.

Following the deportation, Sheikh Gumi has since returned to Nigeria and resumed his daily activities, including teaching.

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