January 2023

We spent $10bn on fuel subsidy in 2022 — NNPC

Nigeria’s NNPC spent 4.39 trillion naira ($9.7 billion) on petrol subsidy last year, latest data from the state-owned firm showed on Friday, a cost the government has blamed for dwindling public finances. NNPC did not remit funds to federal accounts…

Lagos SDP Chairman, excos dump party, join PDP

The Lagos State Chairman of the Social Democratic Party (SDP), Miss Dabiraoluwa Adeyinka, and some other state executive members have dumped the party and joined the Peoples Democratic Party (PDP). Adeyinka, leading about 15 other party executives to the main…

Ilorin residents decry hike in fuel price

Some residents of Ilorin, Kwara capital, have decried the recent increase of petrol pump price in the state. The residents, who also expressed unhappiness over hoarding of the commodity by filling stations in the state capital, said that the fuel price…