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Oil Producers Urge President Tinubu to Declare Crude Supply Emergency for Dangote Refinery

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Oil Producers Urge President Tinubu to Declare Crude Supply Emergency for Dangote Refinery

Amid escalating concerns over insufficient domestic crude oil supply to the Dangote Petroleum Refinery and other local refiners, the Independent Petroleum Producers Group (IPPG) has called on President Bola Tinubu to declare a state of emergency on crude oil production in Nigeria. This appeal is a response to the ongoing crisis impacting the sector.

The IPPG, comprising 28 Nigerian indigenous upstream exploration and production companies, including Oando Plc, Aiteo, Seplat, Energia, Eroton, First E&P, and Green Energy, warned of the potential for the 2024 budget to be only partially implemented due to the recent decline in crude production. Nigeria’s oil output has dropped from over 1.4 million barrels per day (excluding condensates) in January to approximately 1.2 million barrels per day in April.

At the Nigeria Oil and Gas conference in Abuja, Abdulrazaq Isa, Chairman of the IPPG, underscored the urgent need for extraordinary measures to address the industry’s long-term sustainability. He proposed that the President might need to declare a state of emergency in the oil and gas sector to expedite recovery efforts.

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Responding to these concerns, Mele Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), announced a state of emergency on production in Nigeria’s oil and gas industry. Kyari asserted, “We have declared war on the challenges affecting our crude oil production. We have the right tools, and we know what to fight.”

Additionally, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, urged oil producers to boost their investments in the upstream sector to increase oil output. He emphasized that if each of the 28 IPPG members could produce at least 5,000 barrels daily, it would significantly enhance Nigeria’s oil production.

NNPC has also implemented medium to long-term strategies to boost and sustain production, such as replacing old crude oil pipelines and introducing a rig-sharing program with partners to ensure that production rigs remain in the country for four to five years, aligning with global standards. Furthermore, NNPC has engaged in the Presidential Compressed Natural Gas (CNG) drive and plans to inaugurate 12 CNG stations in Lagos and Abuja.

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Disneyland Increases Ticket Prices for Peak Days and Annual Passes

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Disneyland Increases Ticket Prices for Peak Days and Annual Passes

Disneyland has announced a price increase for tickets during its busiest days, effective immediately. While the entry-level ticket will remain at $104, as it has for the past six years, other tiers based on demand will see price hikes ranging from $7 to $12, marking an increase of about 6%. The price hikes affect tickets for high-demand periods such as holidays and school vacations.

In addition to single-day tickets, the cost of Disneyland’s Magic Key annual passes will rise by between $100 and $125, depending on the tier, with increases ranging from 6% to 20%. The new prices include $599 for the Imagine pass, $974 for the Enchant pass, $1,374 for the Believe pass, and $1,749 for the Inspire pass.

Despite the increases, Disneyland is offering discounted options for visitors during off-peak times. A $50 children’s ticket offer will be available starting on October 22 for use beginning January 7. Additionally, a promotion allows a family of four to visit the park for $308 in January or February—two $104 adult tickets and two $50 children’s tickets.

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Jessica Good, a Disneyland Resort spokesperson, emphasized that Disney continues to provide a wide range of ticketing, dining, and accommodation options, along with promotional offers throughout the year, aiming to make the park accessible to as many families as possible.

The tiered ticket system, similar to pricing models in the airline and hotel industries, is designed to balance demand throughout the year. Tickets in the highest demand Tier 6, for holidays like Christmas and Halloween, will increase to $206 per ticket.

While the cost of Disney’s theme park experiences has drawn criticism from some consumers, the company maintains its commitment to offering budget-friendly options for guests who visit during less busy periods.

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Travelers Brace for Hurricane Milton: Airlines, Theme Parks, and Cruise Lines Adjust Plans

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Travelers Brace for Hurricane Milton: Airlines, Theme Parks, and Cruise Lines Adjust Plans

With Hurricane Milton rapidly approaching Florida’s west coast, travel plans across the region are being significantly disrupted. The Category 4 storm, carrying winds of up to 145 mph, has triggered widespread cancellations, route changes, and closures as airlines, theme parks, and cruise lines prepare for its anticipated landfall on Wednesday.

Florida Governor Ron DeSantis declared a state of emergency across more than 50 counties, with the National Oceanic and Atmospheric Administration (NOAA) warning that Hurricane Milton is expected to hit Florida’s west coast with dangerous force.

Airports are taking precautionary measures, with Tampa International Airport suspending operations early on Tuesday, stating that it will “reopen when safe to do so.” Orlando International Airport, a major hub, announced it will close by 8 a.m. on Wednesday. Southwest Airlines, which accounts for a significant portion of flights in and out of Orlando, has already canceled 402 flights for Wednesday. FlightAware reports that over 85% of flights at Orlando International Airport have been grounded for the day, with many more cancellations at Tampa and Southwest Florida International airports.

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Theme parks are also responding to the storm. Busch Gardens Tampa will be closed from Tuesday through Thursday, while SeaWorld Orlando remains open for the time being but continues to monitor Hurricane Milton’s path closely.

Cruise lines have been proactive as well, with Carnival informing passengers that ports in Jacksonville, Tampa, and Miami are likely to close. As a result, several routes and destinations have been altered to steer clear of the storm’s impact.

As Hurricane Milton nears, travelers and local residents are urged to stay informed and adjust plans accordingly, with further disruptions expected in the coming days.

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States Sue TikTok, Alleging Impact on Teen Mental Health Crisis

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States Sue TikTok, Alleging Impact on Teen Mental Health Crisis

A coalition of 14 U.S. states has filed lawsuits against TikTok, accusing the social media giant of exacerbating a mental health crisis among teenagers. The bipartisan group of attorneys general claims the platform’s addictive features target young users, misleading the public about the safety of prolonged use, and contributing to negative mental health outcomes.

In the lawsuit, filed in New York, the attorneys general argue that TikTok intentionally designed features that drive compulsive use, negatively affecting millions of teens. New York Attorney General Letitia James stated that TikTok’s influence has led to tragic incidents, including the death of a 15-year-old boy in Manhattan, who died while “subway surfing” after watching similar videos on TikTok.

James emphasized that many teenagers are struggling with increased anxiety, sadness, and depression, attributing some of these effects to the app’s alerts, disappearing videos, and beauty filters. These features, she said, encourage constant checking of the platform and contribute to issues surrounding body image.

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TikTok, which is already grappling with legislation that could ban it from the U.S. unless its parent company, Bytedance, sells the app, called the lawsuit “disappointing.” The platform contends that it has introduced tools to limit screen time and content exposure, but the lawsuit claims these tools are ineffective.

In addition to the mental health accusations, the lawsuit also points to TikTok’s virtual currency as running an unlicensed money transmission business in Washington D.C. The plaintiffs seek financial penalties and a court order to halt TikTok’s practices that allegedly harm teenagers.

TikTok has responded by defending its efforts to protect young users, stating, “We strongly disagree with these claims,” and reaffirming their commitment to improve the platform.

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