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FG’s Meeting With NARTO, Oil Marketers Ends In Deadlock
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The strike action embarked by members of the Nigerian Association of Road Transport Owners, NARTO, has continued into the second following the failure of the Federal Government, oil marketers to reach agreement with the transporters.
A meeting conveyed by the Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri with NARTO, oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, in Abuja ended with an agreement.
Senator Lokpobiri told journalists that the meeting will continue as the government seeks to find a solution to issues raised by the transporters.
According to the Minister, “We have been having engagement with different stakeholders in the downstream petroleum industry based on some concerns which were raised. The engagements are still continuing and we hope that we will be able to find solutions to those concerns as soon as possible. Engagement will continue tonight till tomorrow.
“But it should be pointed out very clearly that they have demonstrated utmost good faith and patriotism. It should also be known that the issues have nothing to do with the government. It is basically commercial. But as a government we have decided to intervene so that Nigerians will not suffer unduly”, he added.
NARTO had threatened to stop the lifting of petrol over high cost of operation.
NARTO National President, Alhaji Yusuf Lawal Othman explained that the tanker owners have been recording huge losses due to high cost of operation which is no longer sustainable.
He explained that members would park their trucks from Monday “because what we spend on operation is more than what we get in total: both in local and bridging”.
He said: “We will have to suspend operations between now and Monday. We cannot continue to operate at a loss. Most people have parked. A lot more are going to park.
“But from the point of view of the association itself, we are going to suspend operations on Monday.”
Othman disclosed that NARTO’s efforts at soliciting the intervention of all the key stakeholders in the Federal Government and industry have not yielded positive results.
“We have written letters up to the level of the Chief of Staff. We have written to the Honourable Minister of State Petroleum Resources (Oil).
“We have written to DG SSS. We have written to the GCEO. We have written to the Authority Chief Executive. We have written to the Major Marketers, yet no response.”
He noted that the N32 Lagos to Abuja freight rate that was implemented while the dollar was N650 is still retained now that dollar is N1,615.
“Everybody is aware that all our consumables in terms of operation are not produced in the country. So, by virtue of the rate of dollars, every consumable has increased. But the freight they are paying us has been the same even during Buhari’s time.So how is that feasible?”
He explained further: “What I mean by local is if you load Lagos, you discharge in Lagos. And bridging is if you load from Lagos, you come to Abuja. Lagos to Lagos, we are paid N120,000.
“AGO alone to distribute fuel within Lagos is N140,000 because it is N1,400 per litre. So, they give you N120,000 and you spend N140,000. How do you want to operate? We are not talking about cost of vehicles, cost of loading, driver’s allowance. That is for local. For bridging Lagos to Abuja, they gave us N32.
“If you have a truck of 40,000 litres, you are talking of N1,280,000-N1,216,000. Less 5% of the amount of N1,280,000 Withholding Tax N64,000. Less 55,000 loading expenses and 15,000 driver allowance. Total expenses N134,000 while balance is N1,146,000. AGO is N1400 for 900 litres, totalling N1,260,000. There is a total loss of N114,000. The diesel that you use from Lagos to Abuja is 900 litres”, he added.
VANGUARD
The Federal Government has endorsed a new examination fee of N50,000 for candidates sitting the West African Examinations Council (WAEC) and National Examinations Council (NECO) Senior School Certificate Examinations (SSCE), effective from 2027.
The approval was conveyed in a statement dated June 18 and signed by the Director of Senior Secondary Education at the Federal Ministry of Education, Adeniji Ibrahim. According to the statement, the decision followed a request by WAEC for an upward review of the SSCE registration fee for candidates from 2027.
The new fee represents an 82 per cent increase from the current registration fee of N27,500. Ibrahim explained that the decision stemmed from a meeting held on March 31, 2026, between the Minister of Education and examination bodies, where the need to review examination fees was discussed.
He stated that the Minister directed both WAEC and NECO to adopt a uniform examination fee for the conduct of their SSCE examinations.
You may recall that at a meeting of examination bodies held with the Honourable Minister of Education on March 31, 2026, where the need for an upward review of examination fees was discussed, the Honourable Minister directed that WAEC and NECO should adopt a uniform fee for the conduct of WAEC and NECO SSCE,” the statement read.
“Consequently, I am directed to convey the Honourable Minister of Education’s approval of the sum of Fifty Thousand Naira (N50,000) only as the new examination fee per candidate, with effect from NECO SSCE (Internal), 2027.”
The ministry also directed that the approval be communicated to all relevant stakeholders.
Confirming the development, the Ministry of Education’s Director of Press and Public Relations, Folasade Boriowo, told TheCable that the Federal Government had approved the upward review of the examination fees.
“I can confirm the approval of an upward review of the examination fees. I spoke with the director in charge a few minutes ago and he said the approval was done,” she said.
An Iranian newspaper has published a controversial list naming former U.S. President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, and several European leaders as alleged targets for revenge following the killing of Iran’s former Supreme Leader, Ali Khamenei.
The publication is linked to hardline elements in Iran but it is not clear whether the list reflects official Iranian government policy.
The report comes amid heightened tensions after Khamenei’s death and follows renewed vows of retaliation by Iran’s current Supreme Leader, Mojtaba Khamenei, who has publicly promised revenge for his father’s assassination.
The newspaper’s publication has raised international concern, with analysts warning that such inflammatory rhetoric could further escalate the already volatile security situation in the Middle East. While the list has attracted widespread attention, there has been no official confirmation that it represents an operational threat or an approved policy of the Iranian government.
The development comes as tensions between Iran, the United States, Israel, and their allies remain at one of their highest levels in recent years, with governments closely monitoring the situation for any signs of further escalation.
News
Military identifies Army lieutenant who paid supreme sacrifice in rescue of abducted Oyo pupils, teachers
Military sources have confirmed the death of an Army officer, Lieutenant F.A. Isaac, during the operation that rescued 44 abducted pupils and teachers from the Old Oyo National Park.
The victims were rescued on July 10, 2026, in a coordinated operation involving security agencies after spending several days in captivity.
According to the sources, Lieutenant Isaac was killed in the line of duty during the rescue mission and was buried the same day.
Oyo State Governor Seyi Makinde had earlier confirmed that the military recorded a casualty during the operation.
Sources said Lieutenant Isaac was among the officers leading efforts to rescue the abducted pupils and teachers when he was fatally wounded.
The pupils and teachers were abducted in Oriire Local Government Area of Oyo State on or about June 6, 2026, before their eventual rescue by security operatives.
FG jerks WAEC exam fees by 82%, parents to pay N50k
Iranian Newspaper lists Trump, European leaders as alleged revenge targets
Military identifies Army lieutenant who paid supreme sacrifice in rescue of abducted Oyo pupils, teachers
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