Tinubu Lauds Dangote Group For Reducing Diesel Price By 60%
<p>Lauding Dangote, President Tinubu affirmed that Nigerians and domestic businesses are the nation's surest transport to economic prosperity.</p>
<p>The post <a rel="nofollow" href="https://www.arise.tv/tinubu-lauds-dangote-group-for-reducing-diesel-price-by-60/">Tinubu Lauds Dangote Group For Reducing Diesel Price By 60%</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>
President Bola Tinubu has commended Dangote Oil and Gas Limited in reducing the pump price of Automotive Gas Oil (AGO), also known as diesel.
The Group recently reviewed downwards the gantry price of AGO from N1,650 to N1,000 per litre for a minimum of one million litres of the product, as well as providing a discount of N30 per litre for an offtake of five million litres and above.
The price review represents a 60 percent drop, which will, in no small measure, impact the prices of sundry goods and services.
The President, in a release issued on Wednesday by his Media Adviser, Ajuri Ngelale, affirmed that Nigerians and domestic businesses are the nation’s surest transport and security to that glorious destiny of economic prosperity.
He also noted the federal government’s 20 percent stake in Dangote Refinery and why such partnerships between public and private entities are essential to advancing the overall well-being of the country.
President Tinubu called on Nigerians and businesses to, at this time, put the nation in priority gear while assuring them of a conducive, safe, and secure environment to thrive.
In a surprise collaboration that feels both fresh and exciting, American rapper, singer, and producer Shaboozey, real name Collins Obinna Chibueze, teams up with British pop…
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<p>The federal government has debunked claims that Nigerians are getting subjected to harassment and ill-treatment in Libya as a result of the recent ruling by the Confederation of African Football (CAF), which awarded the Super Eagles three points and a fine of $50,000 against Libya following a botched 2025 AFCON qualifier. There had been reports […]</p>
<p>The post <a href="https://www.naijanews.com/2024/11/03/caf-verdict-fg-denies-report-of-harassments-arrest-of-nigerians-in-libya/">CAF Verdict: FG Denies Report Of Harassments, Arrest Of Nigerians In Libya</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>
<img src="https://www.mtlblog.com/media-library/snowfall-in-a-montreal-street-winter-scene-of-traditional-architecture-winter-street-in-montreal-with-traditional-style-archi.jpg?id=56479841&width=1200&height=800&coordinates=132%2C0%2C132%2C0"/><br/><br/><p>With real estate prices perpetually rising, you probably don't need us to tell you that buying a home in Montreal in 2025 isn't cheap. </p><p>But according to <a href="https://wealthvieu.com/ca/income-afford-home/" target="_blank">WealthVieu’s latest income-to-afford-a-home report</a>, most buyers now need a six-figure salary to afford one — especially single-family homes. </p><p>The report, which has been updated with January 2025 mortgage rates and home price data, breaks down how much income it takes to afford a median-priced home across Montreal and nearby areas like Laval and the South Shore.</p><p>According to Wealthvieu, Montreal's housing market kicked off the year with a 36% increase in sales compared to January 2024. At the same time, the median price for single-family homes rose 11% year-over-year, nearing the $600,000 mark. Condos and plexes (2-5 unit buildings) also saw price jumps of 8%, with median prices nearing $450,000 and $800,000, respectively.</p><p>With all that in mind, here's how much income you need to buy a single-family median-priced home in and around Montreal this year:</p><h2>Single-family homes (January 2025)</h2><ul><li>Montreal census metropolitan area (CMA): $143,136 for a $590,700 home</li><li>Island of Montreal: $185,367 for a $791,500 home</li><li>Laval: $142,989 for a $590,000 home</li><li>North Shore: $132,358 for a $539,450 home</li><li>South Shore: $144,882 for a $599,000 home</li><li>Saint-Jean-sur-Richelieu: $126,585 income for a $512,000 home</li></ul><p>If a house feels out of reach, a condo may be a more affordable option. And in some areas, you can still get one with a five-figure income.</p><h2>Condos (January 2025)</h2><ul><li>Montreal CMA: $107,236 for a $420,000 condo</li><li>Island of Montreal: $116,911 for a $466,000 condo</li><li>North Shore: $93,146 for a $353,000 condo</li><li>South Shore: $100,927 for a $390,000 condo</li></ul><p>WealthVieu's data also breaks down what it takes to afford a home on a $100,000 salary. Following the 28/36 rule, you could manage a $2,163 monthly mortgage payment, which would allow you to buy a $430,438 home with a $50,000 down payment.</p><p>For context, As per <a href="https://www.mtlblog.com/tag/statistics-canada" target="_blank">Statistic Canada</a>, the <a href="https://www.mtlblog.com/quebec-salary-2025" target="_blank">average weekly earnings in Quebec</a> were $1,229.18 in November of 2024, which works out to about $63,917 per year before taxes. That's less than the national average of $1,285.91 per week (about $66,867 annually).</p><p>Curious what your dough can get you, <a href="https://wealthvieu.com/ca/mortgage-affordability-calculator/?a=110000&b=645&c=80000&d=7.013714113461678&e=30&f=36&g=0&h=0&i=0&j=0" target="_blank">WealthVue's home affordability calculator</a> can help you figure out what fits your budget.</p><em>Love this? Check out our <a href="https://www.mtlblog.com/notices/" target="_blank">MTL Blog noticeboard</a> for details on jobs, benefits, travel info and more!</em>
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