Oluwatosin Enesi

MARKETERS ADJUST NEW PRICE

Independent oil marketers have adjusted the pump price of petrol in the Federal Capital Territory, reflecting the purchase price from Dangote Refinery and Petrochemical Company. Checks revealed that many filling stations have increased the pump price of petrol to an average of N1,200 per liter. This adjustment follows the full deregulation of the downstream sector…

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SOLUDO’S BILL ON LG AUTONOMY

A bill introduced by Anambra State Governor, Charles Soludo, has sparked concerns that local government autonomy, recently upheld by the Supreme Court, may be undermined. The bill requires local government areas (LGAs) to remit a portion of their federal allocations into a consolidated account controlled by the state. Section 13(1) of the bill stipulates that…

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NNPCL INCREASES FUEL PRICE AGAIN

The Nigerian National Petroleum Company Limited has increased the price of Premium Motor Spirit, otherwise known as petrol, from N855 per litre to N998 per litre. The increase in the price of petrol, which came on Wednesday, was noticed at the pumps at all NNPCL depots in Lagos State. The new development is a 12.7…

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ATIKU’S PROPOSAL ATTRACTS REACTIONS

The single term presidency of six years proposed by former Vice President, Atiku Abubakar has sparked debate among Nigerians. Atiku, a 2023 Peoples Democratic Party, PDP, presidential candidate, had called for a single term of six years presidency for Nigeria. He proposed that Section 135(2) should be amended to read: “Subject to the provisions of…

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