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Nigerian Army formally pulled out five retired Generals from service

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Nigerian Army formally pulled out five retired Generals from service

By Alex Olise Nigerian Army officers and other military personnel have been advised to remain

Is Nigeria in the World Bank’s ICU?

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Is Nigeria in the World Bank’s ICU?

By Marcel Okeke In the healthcare field, ICU stands for Intensive Care Unit; a specialized

Fatodu tasks state actors on schools sport devt. as Desmond unveils Gbajabiamila U-16 football competition for Surulere Secondary Schools teams

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Fatodu tasks state actors on schools sport devt. as Desmond unveils Gbajabiamila U-16 football competition for Surulere Secondary Schools teams

State actors involvement in deliberate rejuvenation of schools sport development has been described as the

President Tinubu sacks 5 ministers appoints seven new ministers Months after growing calls for President Bola Tinubu to rejig his cabinet, the former Lagos State governor on Wednesday sacked five of his ministers. The President sacked Uju-Ken Ohanenye as Minister of Women Affairs; Lola Ade-John as Minister of Tourism; Tahir Mamman as Minister of Education; Abdullahi Gwarzo as Minister of State, Housing and Urban Development; and Jamila Ibrahim as Minister of Youth Development. He also re-assigned 10 ministers to new ministerial portfolios and appointed seven new ministers for Senate confirmation. “The appointment of Shehu Dikko as Chairman of the National Sports Commission. The appointment of Sunday Akin Dare as Special Adviser to the President on Public Communication and Orientation working from the@Ministry of Information and National Orientation,” the Presidency said.

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President Tinubu sacks 5 ministers appoints seven new ministers

Months after growing calls for President Bola Tinubu to rejig his cabinet, the former Lagos

Bobrisky reportedly rushed to the hospital after complaining of breasts pain

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Bobrisky reportedly rushed to the hospital after complaining of breasts pain

Nigeria’s controversial crossdresser, Idris Okuneye, aka Bobrisky has been rushed to the Police Hospital at

WHEN EVELYN JOSHUA ELEVATES "THE POOREST OF THE POOR" IN ARGENTINA

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WHEN EVELYN JOSHUA ELEVATES “THE POOREST OF THE POOR” IN ARGENTINA

BALASTRO II, FONTANA in Resistencia CHACO Province of Argentina is a lesson in the tragedy

Hisbah arrests commissioner with married woman in an uncompleted building

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Hisbah arrests commissioner with married woman in an uncompleted building

The Kano State Hisbah Board has arrested the Jigawa State Commissioner of Special Duties, Auwal

US accuses Air Peace CEO, Allen Onyeama of fraud, obstruction of justice

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US accuses Air Peace CEO, Allen Onyeama of fraud, obstruction of justice

The United States government has piled more charges on the earlier $20 million bank fraud

Why I prefer tranditional worship to christianity or Islam - Prof. Soyinka

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Why I prefer tranditional worship to christianity or Islam – Prof. Soyinka

Nobel Laureate, Prof Wole Soyinka says he prefers traditional Orisa worshipping to Christianity & Islam

NNPCL raises fuel price to over N1,000 per litre Filling stations operated by the Nigerian National Petroleum Corporation Limited (NNPCL) have significantly increased the pump price of petrol, with prices in Abuja rising from N897 to N1,030 per litre. In Lagos, fuel now sells for N998 per litre, up from N885, as motorists endure long queues across the country. At an NNPC station in Gudu, Abuja, attendants confirmed that the price adjustment was in progress. When asked if the station was out of stock, one attendant clarified that they were waiting for the pump meters to be recalibrated to reflect the new price of N1,030 per litre. This price hike comes just 24 hours after reports surfaced predicting an increase due to NNPCL’s recent decision to exit its role as a middleman in the Dangote Refinery purchase agreement. Previously, NNPCL absorbed a subsidy of N133 per litre, bridging the gap between the refinery's production price and the market selling price. However, with NNPCL stepping away, fuel prices will now reflect a fully deregulated market, where marketers negotiate directly with the Dangote Refinery under a “willing buyer, willing seller” model. This shift marks a major turning point in Nigeria’s oil industry, as the national oil company reduces its involvement in pricing controls. The NNPCL stated that it could no longer sustain the financial burden of covering the price gap, signaling a clear move toward market-driven petrol prices. In September, Dangote Industries confirmed that its 650,000 barrels-per-day refinery had begun processing petrol, with NNPCL initially serving as the sole buyer. However, recent changes allow independent marketers to engage directly with the refinery, further pushing Nigeria toward a deregulated oil market. This development is expected to have broad implications for fuel pricing across the country, potentially leading to more fluctuations in prices as market dynamics take full effect. While the government’s withdrawal from price controls may foster competition among marketers, it also raises concerns over the affordability of fuel for everyday consumers.

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NNPCL raises fuel price to over N1,000 per litre

Filling stations operated by the Nigerian National Petroleum Corporation Limited (NNPCL) have significantly increased the