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Trump Finally Reveals What Is Making Him Happy About 2020 US Election Results
~3.3 mins read
Two weeks after electoral officials in the United States of America declared Democrat Candidate, Joe Biden as the winner of the November 3rd Presidential election, The incumbent president, Donald J. Trump show no signs of conceding defeat. Mr Trump made several allegations against Joe Biden including saying that the election was rigged by the Democrats. Trump went far to declare himself as the legal winner of the election contrary to what official sources declared. He also vowed to challenge the election results at supreme court of America.
As the things stand, Donald Trump shows no sign of slowing down or accepting defeat. Just today, Mr Trump revealed what made him proud about the 2020 U.S presidential election. In a post on his official Twitter account this morning, Mr Trump indicated that he is happy about how foreign countries were not able to have influence on the presidential election. According to him, the election is so secured that it was virtually impenetrable by foreign powers. But he laments that despite this effort by his government, Democrats and Dominion are considered to be more successful by the media.
"The only thing secure about our 2020 Election was that it was virtually impenetrable by foreign powers. On that, the Trump Administration takes great credit. Unfortunately, the Radical Left Democrats, Dominion, and others, were perhaps more successful!" He wrote on his official Twitter account this morning.

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FG Says Recent Petrol Price Increase Linked To Pfizer Convid-19 Vaccine Success
~5.3 mins read
FG estimates that alternative petrol, CNG would cost N97 per litre, New PIB amends royalties by oil firms as Sylva clarifies position on scrapping of NNPC, autogas, FG to establish petroleum depot, oil and gas logistic centre in Akwa Ibom
The Federal Government has said that the recent increase in the pump price of Premium Motor Spirit (PMS), otherwise known as petrol, is due to the announcement of a positive outcome in the final stage trial of the coronavirus vaccine being developed by American pharmaceutical giant, Pfizer Inc in collaboration with BioNTech.
The explanation follows the public outcry and criticisms that have greeted the petrol price increase.

READ: Petrol price to increase as subsidies drain Government’s revenue

This disclosure was made by the Minister of State for Petroleum Resources, Mr Timipre Sylva, during an interaction with State House correspondents on Monday, November 16, 2020, after a routine meeting with President Muhaammadu Buhari at Aso Villa, Abuja.

According to a report from Channels Television, Sylva pointed out that the announcement by Pfizer, that its COVID-19 vaccine is over 90% effective, triggered a slight increase in the price of crude oil in the global market.

He said, “What happened recently was because of the announcement of a vaccine for COVID-19 by Pfizer. With that, crude oil prices went up a little bit.

READ: NNPC spends N535.9 billion on subsidy, FAAC in Q1 2020

“If you have been following crude oil prices, you would have seen that crude oil prices went up a little bit as a result of this announcement. So, when crude oil prices go up a little bit, then you will see that (it will) instantly reflect on the price of petrol, which is a derivative of crude oil.”

Sylva, who pointed out that this is not the first time that the Federal Government will be giving this explanation whenever there is a movement in petrol price, said that the pump price of petrol is directly determined by the price of crude oil in the global market.

 
He said, “When the price of crude oil goes up, then it means that the price of the fixed stock has gone higher; it will also affect the price of the refined product and that is why you see that product prices are usually not static, it depends on the price of crude oil which goes up and down.

READ: Commissioner attributes high cost of rice to increased production cost

“That is why we say, deregulate so that as the price goes up or down, you begin to go up and down as well at the pump. Before now, we fixed it – which was not optimal for us as a country.”

The Minister while speaking on the petrol price deregulation explained that the price of petrol will continue to fluctuate depending on the price of crude oil. He said it may crash again to a much lower figure, like was experienced in March 2020, if the price of crude drops again

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