A Federal Capital Territory (FCT) court will today hear a defamation lawsuit filed by two officials of the Department of State Services (DSS) against the Socio-Economic Rights and Accountability Project (SERAP). The case, to be presided over by Justice Yusuf Halilu at Court 13, has drawn attention following SERAP’s legal representation by senior advocates Tayo … Read more
The Spiritual Director of Adoration Ministry, Enugu State, Rev. Fr. Ejike Mbaka, has called on Nigerians to pray against the looming threat of famine in the country. He decried the escalating cost of fuel, warning that Nigeria is already grappling with hunger, and if left unaddressed, the situation could spiral into a full-blown famine crisis. … Read more
Frustration is growing in Nigeria as fuel prices reach record highs, with reports emerging that petrol stations are manipulating pump meters to under-dispense fuel. Customers are paying more for less, exacerbating the economic strain as the official petrol price hits ₦1,030 per liter. This has led to widespread public outcry and calls for increased regulatory … Read more
The former presidential candidate of the Labour Party, Peter Obi, has strongly condemned the recent fuel price hike and urged the Federal Government to reverse the increase immediately. In a statement posted on his X handle on Saturday, Obi criticized the Nigerian National Petroleum Company Limited’s (NNPCL) decision to raise petrol prices by 14.8%, pushing … Read more
Mr. Joe Ajaero, President of the Nigeria Labour Congress (NLC), revealed the agreement reached between organized labour and President Bola Tinubu before accepting the N70,000 minimum wage during the national wage discussions held at the Presidential Villa in Abuja. During an interview on Arise Television’s Morning Show, Ajaero explained that while negotiating for a new … Read more
Senator Oluremi Tinubu has stood by her husband, President Bola Tinubu, amid growing economic challenges in Nigeria, insisting that he should not be blamed for the current situation. Her comments come as Nigerians struggle with rising prices, particularly after the removal of the fuel subsidy, which saw petrol prices skyrocket from ₦198 to ₦1,030 per … Read more
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, has expressed its concern over the recent increase in petrol pump prices in Lagos and Abuja. The National President of the association, Mr Dele Oye, made this known in a statement on Wednesday in Lagos. Oye said that the prices, which had reached … Read more
Petroleum marketers have confirmed that the recent fuel price hike by the Nigerian National Petroleum Company Limited (NNPCL) is a direct result of the complete removal of subsidies on Premium Motor Spirit (petrol). The NNPCL has now raised pump prices to ₦1,030 per litre in Abuja and ₦998 per litre in Lagos. EDITOR’S PICKS Health, … Read more
Former Minister of Transportation Rotimi Amaechi has voiced his frustration over Nigerians’ complacency amidst worsening economic challenges. In an interview with Igbere TV, Amaechi criticised the lack of proactive responses, particularly from the youth, in the face of rising living costs. Amaechi, who previously served as the governor of Rivers State, expressed surprise at the … Read more
The Trade Union Congress (TUC) has attributed the recent rise in fuel prices in Nigeria to the devaluation of the naira rather than the removal of fuel subsidies by President Bola Tinubu in May 2023. TUC President Festus Osifo, speaking on Channels Television’s Politics Today program, criticized the current administration for the naira’s devaluation, which … Read more
Officers from the Department of State Services (DSS) reportedly took over the Abuja office of the Socio-Economic Rights and Accountability Project (SERAP) on Monday afternoon. According to SERAP, the DSS agents were demanding to meet with the directors of the human rights organization. EDITOR’S PICKS School Proprietress Allegedly Killed, Burnt By Son In Delta Man … Read more
The Edo State Government has announced an indefinite delay in the reopening of all schools in the state due to the recent increase in fuel prices. In a memo issued on Saturday, signed by the Permanent Secretary of the Ministry of Education, Ojo Akin-Longe, the government stated that the resumption date originally set for September … Read more
Amidst Nigeria’s recent fuel price surge, public affairs analyst Sabo Muhammad has called on President Bola Ahmed Tinubu to suspend the management of the Nigeria National Petroleum Company Limited (NNPCL) and initiate a thorough investigation into the company’s affairs. In an exclusive interview on Saturday, Muhammad expressed his concerns about the lack of a forensic … Read more
Uber announced on Friday a 13% increase in fares to help drivers cope with the recent fuel price hike in Nigeria. This adjustment is intended to mitigate the impact of the fuel price increase on drivers’ earnings. However, some drivers have expressed concerns that the fare increase is insufficient compared to the over 40% rise … Read more
In response to the sharp rise in fuel prices and subsequent hike in transportation costs, many Nigerians have turned to bicycles, trekking, and public transport to cope with the economic strain. Residents across major cities like Ogun, Delta, Bayelsa, and Oyo shared their experiences, highlighting how the increase in petrol prices—from ₦200 to ₦600 per … Read more
President Bola Ahmed Tinubu has explained to Nigerians living in China the reasons behind the recent hike in petrol prices back home. Speaking during a meeting with the Nigerian community in Beijing, Tinubu addressed the concerns surrounding the rising cost of Premium Motor Spirit (PMS), which has now reached between N897 and N1000 per liter, … Read more
The Abuja Chamber of Commerce and Industry, ACCI, has warned that the recent increase in fuel prices in the country can lead to severe economic crises. The ACCI President, Emeka Obegolu, who said in Abuja on Thursday, stressed that the price hike could have widespread repercussions, particularly on the business community, which was already grappling … Read more
Primate Elijah Ayodele, the Leader of INRI Evangelical Spiritual Church, has issued a stern warning to President Tinubu, urging him to take immediate action to prevent a massive protest that could cripple the Nigerian economy for two weeks. In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele emphasized that confusion will continue … Read more
EKO HOT BLOG reports that during a briefing in Abuja on Wednesday, the Federal Government clarified that the Port Harcourt Refining Company is currently undergoing test-runs, with plans for the refined petroleum products to enter the market soon. The announcement comes amidst concerns from oil marketers regarding the potential impact of the recent depreciation of the … Read more
Eko Hot Blog reports that fuel marketers have dismissed the rumoured plan to increase the pump price of Premium Motor Spirit (PMS) following the recent increase in crude oil price to $94. According to them, there has been no announcement by the Nigerian National Petroleum Company Limited (NNPCL) in that respect. Marketers had explained that … Read more