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Oil marketers threaten service withdrawal in Lagos, Ogun

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Oil marketers threaten service withdrawal in Lagos, Ogun

The Independent Petroleum Markers Association of Nigeria, Lagos State chapter, has accused the Nigerian National Petroleum Corporation of undersupplying its members with Premium Motor Spirit.

It said if the situation persists, its members in Lagos State and parts of Ogun State may be forced to shut their filling stations by December 11.

In a statement on Thursday signed its chairman, Alhaji Alanamu Balogun, vice chairman, Pastor Gbenga Ilupeju, and secretary, Prince Kunle Oyenuga, IPMAN noted that no fewer than 900 filling stations will be shut down in Lagos.

The association particularly complained of a shortage of product supply to Ejigbo satellite depot, which, it said, serves more than 900 filling stations in Lagos.

IPMAN alleged that the NNPC was not only undersupplying its members with PMS, it was also frustrating them by reneging on the bulk purchase agreement it signed with its members to supply the product to them at N133.28k per litre.

It said with undersupply from the NNPC, its members were being forced to approach the Depot and Petroleum Marketers Association, which allegedly buys at N117 per litre from the NNPC and resells to IPMAN members at N141 per litre.

It said at that rate it had become unrealistic for them to continue to sell to the end users at the regulated price of N145 and still expect to break even in business.

The body pleaded for the immediate intervention of President Muhammadu Buhari, the Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, the Department of Petroleum Resources, the National Assembly, and the Governor of Lagos State, Mr. Akinwunmi Ambode, to avert an imminent fuel crisis in the nation’s commercial nerve centre.

“We have endured enough and are set for a showdown with the NNPC for irregular supply at Ejigbo satellite depot, Lagos,” the association said.

“We have held many meetings with both the NNPC and DAPMAN, questioning why should the NNPC supplies fuel to DAPMAN at N117 per litre and DAPMAN will turn around to sell the same fuel to IPMAN members at N141 and the NNPC wants marketers to sell to the public at N145 per litre.

“The NNPC made it as a condition that we must renew our agreement with it or we will not get fuel supply. This agreement has been renewed yet, the NNPC has refused to supply us with fuel. The same agreement the NNPC signed with us is what it signed with DAPMAN. While DAPMAN gets supplies, IPMAN members are being denied fuel supply, which means the NNPC officials are into a game.

“The Federal Government should step into this matter between now and December 11 to avoid fuel crisis,” IPMAN said.‎

MOVIES

Queen Lateefah Earns N333.7 Million, Ascends To Nollywood’s Top Box Office Rankings

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'Queen Lateefah' earns ₦333.7 million | fab.ng

First and foremost, Wumi Toriola’s film ‘Queen Lateefah‘ has achieved remarkable success, surpassing ₦300 million at the box office and securing its position among Nollywood’s top-performing films.

Subsequently, the film joins other blockbuster successes such as ‘Ajosepo’ (₦257.2 million) and ‘Ajakaju’ (₦252.8 million). Moreover, ‘Queen Lateefah’ now stands as the seventh highest-grossing Nollywood movie to date.

Additionally, it holds the distinction of achieving the highest earnings for a non-December release, a period typically known for peak box office performance.

Throughout its theatrical run, the film has consistently broken records. Initially, it garnered ₦57 million in its opening weekend.

Furthermore, within just three weeks of its premiere, the film exceeded the ₦200 million milestone. By mid-October, consequently, the box office receipts had accumulated to ₦216 million.

Queen Lateefah' grosses enters Nollywood's top box office rankings | Pulse  Nigeria

Under the distribution of Cinemax and the direction of Adeoluwa Owu, the film presents a compelling narrative. Specifically, it follows Lateefah Adeleke, a 30-year-old businesswoman who portrays herself as a world traveller with high social status.

However, her encounter with Jide Rhodes, a 35-year-old businessman, eventually exposes her carefully constructed facade.

In contrast to her claims, Lateefah emerges from a background of extreme poverty as the only child of an illiterate mother.

Finally, the film features a stellar ensemble cast including Kunle Remi, Femi Adebayo, Nancy Isime, Bimbo Manuel, Elvina Ibru, Enioluwa, and Gbugbemi Ejeye.

As a result of these combined elements – compelling storyline, strong performances, and strategic release timing – ‘Queen Lateefah’ continues to demonstrate the growing commercial potential of Nollywood productions.

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FOREIGN

Bruno Mars Breaks All-Time Spotify Monthly Listener Record For The Second Time

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Bruno Mars Breaks Spotify Monthly Listener Record | fab.ng

Bruno Mars now commands 130 million monthly Spotify listeners, shattering the platform’s previous record.

The Grammy winner achieved this milestone following the release of his recent collaborations: ‘Die With A Smile‘ featuring Lady Gaga and his appearance on Rose’s track ‘APT’.

These new singles mark Mars’ first musical releases since his collaboration with Anderson Paak on their Grammy Album of the Year-winning project ‘An Evening With The Silk Sonic’ in 2021.

The stellar performance of these tracks has propelled him past The Weeknd’s previous record of 120 million monthly listeners.

The Weeknd had previously made history as the first artist to attract 100 million monthly listeners on Spotify. The Canadian superstar then broke his own record by reaching an impressive 120 million listeners.

As of November 13, 2024, Bruno Mars leads the Top 20 highest Spotify monthly listeners, demonstrating his enduring appeal and growing global fanbase.

His achievement reflects both the success of his recent releases and his consistent ability to connect with audiences worldwide.

The record-breaking numbers showcase the expanding reach of streaming platforms and Mars’ commanding presence in the digital music landscape.

Top 20 highest Spotify monthly listeners as of November 13, 2024.

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MUSIC

Burna Boy Makes Spotify History With Record-Breaking Albums

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Burna Boy Spotify history with record-breaking albums | fab.ng

Burna Boy has achieved another milestone by becoming the first Nigerian artist with two albums exceeding 1 billion Spotify streams. His album ‘African Giant‘ recently crossed the 1 billion stream mark, joining ‘Love, Damini‘ which commands 1.3 billion streams.

The release of ‘African Giant’ in 2019 followed Burna Boy’s global breakthrough, sparked by his viral hit single ‘YE’ from his 2018 album ‘Outside’. The album cemented Burna Boy’s position as Africa’s musical ambassador on the world stage.

‘African Giant’ produced several standout hits, with ‘On The Low’ and ‘Gbona’ earning platinum certifications in France. The album showcases other powerful tracks including ‘Anybody’, ‘Dangote’, ‘Omo’, ‘Killin Dem’ featuring Zlatan, and ‘Gum Body’ featuring Jorja Smith.

On Spotify, ‘On The Low’ leads the album’s streaming numbers with 304 million plays. ‘Gbona’ follows with 185 million streams, while ‘Anybody’ has accumulated 90 million streams.

‘Love, Damini’ stands as Burna Boy’s most commercially successful album to date. The breakout hit ‘Last Last’ dominates with 451 million Spotify streams, while ‘For Your Hand’, the collaboration between Burna Boy and Ed Sheeran, has gathered 289 million streams.

These streaming achievements strengthen Burna Boy’s position as Nigeria’s and Africa’s leading musical export. He continues to break new ground for African music on the global stage, setting records and expanding the reach of the continent’s sound worldwide.

The artist’s success demonstrates the growing global appeal of African music, with Burna Boy leading the charge in bringing Nigerian and African sounds to international audiences. His achievements pave the way for future African artists to reach similar heights on global streaming platforms.

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