News
FG Announces New Price Of Petrol
The Federal Government through the National Bureau of Statistics, NBS, has announced that the national average retail price for Premium Motor Spirit otherwise known as petrol increased year-on-year, YoY, by 37.44 percent to N750.17 per litre in June 2024 from N545.83 per litre recorded in the corresponding period of 2023.
On a month-on-month, MoM basis, the average retail price decreased by 2.53 per cent from N769.62 per litre in May 2024.
The NBS report on Premium Motor Spirit,(Petrol) Price Watch for June 2024 disclosed that Benue State topped the price chart for the product at N864.55, followed by Jigawa and Rivers States with N847.00 and N810.00 respectively.
However, Lagos, Kwara and Ogun States emerged the states with the lowest retail price for the product at N626.94, N650.00 and N670.63 respectively. Lastly, the South-South zone had the highest average retail price of N794.64, while the South-West zone had the lowest price of N696.42.
Meanwhile, the average retail price of Automotive Gas Oil, also known as diesel increased year-on-year, YoY, by 79.32 per cent to N1462.98 per litre in June 2024 from N815.83 recorded in June 2023.
On a month-on-month, MoM basis, an increase of 4.20 per cent was recorded from N1403.96 per litre in May 2024.
The report stated “Looking at the variations in the State prices, the top three States with the highest average price of the product in June 2024 include Niger State (N1979.23), Cross River State (N1920.86), and Taraba (N1742.46).
Furthermore, the top three lowest prices were recorded in the following State namely, Lagos State (N1210.77), Ogun State (N1239.17), and Abuja (N1240.00). The Zonal representation of the average price of Automotive Gas Oil (Diesel) shows that North East Zone has the highest price of N1659.07 while South West Zone has the lowest price of N1280.54 when compared with other Zones.
News
BREAKING: Benue boils again as bandits invade palace, kill monarch ,wife, son three others
Bandits have killed a monarch,his wife, his son, and three other residents in a deadly night attack on Olegabulu community in Agatu Local Government Area of Benue State.
Residents said the attack happened on Thursday night when the armed men, numbering about four and arriving on two motorcycles, stormed the palace of the monarch and opened fire on him and his family members.
According to a resident who requested anonymity, the attackers entered the community without raising suspicion, reportedly exchanging greetings with locals in the native dialect before heading straight to the royal residence. Once inside, they opened fire, killing the traditional ruler, his wife, and his son on the spot.
The attackers were said to have spent about 20 minutes in the community. After the assault on the palace, they reportedly moved to a nearby compound where they killed two additional residents and left another person injured before fleeing the scene.
Eyewitnesses described the incident as coordinated and deceptive, noting that the gunmen initially blended in with residents before launching the attack.
The Chairman of Agatu Local Government Area, Melvin Ejeh, confirmed the incident, stating that five people were killed and one person sustained injuries.
He added that security operatives, including police personnel, have since visited the scene.
Meanwhile, the Police Public Relations Officer in Benue State, DSP Udeme Edet, said she was yet to receive full details of the attack at the time of filing this report.
News
Yahaya Bello to know fate on May 6 as Court adjourns financial infractions case
Proceedings in the case involving former Kogi State governor, Yahaya Bello, were on Thursday adjourned till May 6, 2026, by Justice Emeka Nwite of the Federal High Court, Abuja.
At the resumed hearing, counsel to the Economic and Financial Crimes Commission, EFCC, Kemi Pinheiro, SAN, represented the prosecution, while Bello was represented by his lead counsel, Mr Joseph Daudu.
During proceedings, the prosecution informed the court of the need for more time to respond to applications filed by the defence, while Bello’s legal team urged the court to consider their submissions and move the matter forward.
Justice Nwite, in his ruling, adjourned the case to May 6 to allow all parties to adequately prepare and ensure a fair hearing.
Mr Bello is currently facing charges bordering on alleged financial misappropriation during his tenure as governor, allegations he has repeatedly denied.
News
Nigeria set to record largest surge in food insecurity globally in 2026-Reports
Nigeria is set to experience one of the highest increases in food insecurity worldwide in 2026, according to the latest Global Report on Food Crises released on April 24, 2026.
The report, compiled by agencies including the Food and Agriculture Organization and World Food Programme, raised fresh concerns over worsening hunger levels driven by insecurity, economic hardship and declining humanitarian funding.
According to FAO findings, about 4.1 million additional Nigerians could fall into acute food insecurity in 2026, placing the country among those with the largest increases globally.
Reacting to the development, President of the International Fund for Agricultural Development, Mr Alvaro Lario, said “the crisis is becoming more prolonged and difficult to contain”.
“We are no longer seeing just temporary shocks, but persistent shocks over time,” warning that the situation is placing growing pressure on global stability.
FAO noted that about 266 million people across 47 countries face high levels of acute hunger in 2025, with conditions expected to remain severe into 2026.
In Nigeria, the situation is being worsened by continued insecurity in key farming regions, rising inflation and limited access to food.
According FAO projections, over 34 million Nigerians may experience crisis level hunger between June and August 2026, during the peak of the lean season.
The FAO Country Representative in Nigeria, Mr Hussein Gadain, said the combined impact of armed conflict, climate shocks, high food prices and cuts in global aid funding is pushing more Nigerians into hunger.
The report called for urgent and sustained intervention, warning that without immediate action, millions more could slide into emergency levels of food insecurity in the coming months.
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