News
Angry Obi says Nigerians have lost count of their loved ones consumed by insecurity
By Kayode Sanni-Arewa
The Labour Party, LP, presidential candidate in the 2023 general election, Peter Obi, has lamented the regular incidents of killings, kidnappings and other violent crimes across the country.
In a post via his X handle, Obi lamented the killing of some crew members of Supersports TV as well as a policeman, who were attacked in a tragic ambush along the Ihiala-Orlu Road, Anambra State, a few days after the deceased were travelling to cover the Super Eagles 2025 Africa Cup of Nations, AFCON, qualifiers against Libya
The former Anambra State governor, who said that the situation has continued unabated and is worse by the day, stressed that non-state actors have continued to inflict pain and sorrow on families whose loved ones are often kidnapped and sometimes killed in gruesome manners.
“In particular, I condemn, in totality, the unfortunate killing of some crew members of Supersports TV, who were attacked in a tragic ambush along the Ihiala-Orlu Road, Anambra State, a few days ago.
These media practitioners were on their way to Uyo to perform official duty for their medium and, indeed, the nation when the tragic incident happened, resulting in their death and the kidnap of others.
“Two days ago, a few persons were also reportedly killed while some others were injured in a terror attack carried out by criminals in the Agatu local government area of Benue state,” he tweeted.
News
BREAKING! FG delegation in meeting with NLC, TUC
By Kayode Sanni-Arewa
The Federal government delegation is currently meeting with the leaders of organised labour at the Presidential Villa in Abuja.
The meeting is centred on the state of the nation, especially the petrol pricing system.
The meeting is taking place at the Secretary to the Office of the Government of the Federation, SGF, George Akume.
At the meeting are Mallam Nuhu Ribadu, the National Security Adviser, NSA; Nkeiruka Onyejeocha, the Labour Minister; and Wale Edun, Minister of Finance and Coordinating Minister of the Economy.
Others are the Information Minister, Petroleum Minister, State Minister of Gas, and representatives of the Nigerian National Petroleum Corporation, NNPC, Limited.
News
Reps Ask FG To Reverse Petrol Pump Price Hike, Cooking Gas Price
News
PMS Prices Determined By Market Forces, No Price Deal With IPMAN – NNPC
By Kayode Sanni-Arewa
The Nigerian National Petroleum Company (NNPC) Limited has debunked claims that it reached an agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN), on the price of Premium Motor Spirit (PMS), commonly known as petrol, saying fuel prices are now determined by market forces.
Reports credited to IPMAN President, Abubakar Maigandi had stated that NNPC agreed to reduce the ex-depot price of petrol for its members from N958 per litre to N955 per litre.
Refuting the claim in a statement on Wednesday, the Chief Corporate Communications Officer of the national oil company, Olufemi Soneye, emphasised that under the current deregulated regime, fuel prices are determined by free market forces, as provided for in the Petroleum Industry Act (PIA), 2021 rather than by agreements.
Refuting any form of price deal with Marketers, Soneye said NNPC had only provided a one-time N3 discount to marketers with funds deposited at NNPC to facilitate fuel lifting and prevent shortage, saying the initiative “was a temporary measure”.
Maintaining that prices are still determined by market forces, not by NNPC Ltd, Soneye said, “The market has been deregulated, meaning that petrol prices are now determined by market forces rather than by the government or NNPC Ltd.
“There is no price agreement between IPMAN, NNPC, or any marketer. The market forces determine prices under the current deregulated regime.”
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