Headlines
Petrol may hit N250/litre despite N4tr subsidy

The current scarcity of Premium Motor Spirit (PMS) across the country might worsen, pushing up pump price to N250 per litre, despite payment of over N4 trillion subsidy in the 2022 budget.
The Nigerian National Petroleum Company Limited (NNPC) – the sole importer of petrol – is reportedly without the product, as most of its stations, including the newly acquired Oando outlets, were empty yesterday.
Marketers adjusted their prices to N180 per litre against the official price of N165, with the Independent Petroleum Marketers Association of Nigeria (IPMAN) telling The Guardian that ex-depot price has moved to N190 per litre and that an upward review is imminent.
While both NNPC and the Nigerian Midstream Downstream Petroleum Regulatory Authority (NNPC) did not respond over the development, petrol stations in most northern states have already begun dispensing at N250 per litre.
Most marketers, who spoke to The Guardian, disclosed that the state oil firm has no products. At the NNPC fuel station around Ketampe in Abuja, only two pumps were dispensing. Motorists spent an average of four hours on queues. Others bought a litre at N500 from black marketers who sold in kegs.
In the Federal Capital Territory, some residents have begun spending the night in their cars at fuel stations, hopeful of the next day.
In Lokoja, Ajaokuta and the Anyigba area of Kogi State, the few stations that had fuel dispensed at N250 per litre. Most stations in Abuja were under lock. The few that dispensed, like Nipco at Jabi, NNPC at Ketampe and others, had long queues.
About three months ago, the Federal Government quietly approved increment in fuel prices, following claims by marketers that they could no longer sustain their operations by selling at the regulated price of N165 per litre.
Recall that the chairman of IPMAN (Western zone), Dele Tajudeen, last week, said there has been an increase in depot price from N148.7 per litre to N178.
A vice president of the association at the national level, Abubakar Shettima, also told The Guardian, yesterday, that the ex-depot price has moved to N190 per litre.
He disclosed that the N180 pump price would only apply to product that was stocked, stressing that the price would be adjusted to meet prevailing market realities.
In Abuja, a motorist, Ugbeda Ojogbane, said he spent about three hours on the queue before filling his tank at the NNPC station in Lugbe. “It is sad that we produce oil and have to go through this. The country is becoming difficult by the day,” he said.
Another, Sodiq, said he spent about four hours on the queue before buying petrol at Dutse Junction, along the Kubwa expressway in Abuja.
Some stakeholders alleged that NNPC is starving government-owned depots and keeping marketers from loading, while diverting products to some private depots.
The development is coming at a time ship owners, under the aegis of the Ship Owners Association of Nigeria (SOAN), are threatening to embark on strike in the coming week over N90 million debt owed by NNPC for charter services rendered in the last eight months.
Headlines
Noble Ladies Champion Women’s Financial Independence at Grand Inauguration in Abuja

Women from diverse backgrounds across Nigeria and beyond gathered at the Art and Culture Auditorium, Abuja, for the inauguration and convention of the Noble Ladies Association. The event, led by the association’s Founder and “visionary and polished Queen Mother,” Mrs. Margaret Chigozie Mkpuma, was a colourful display of feminine elegance, empowerment, and ambition.
The highly anticipated gathering, attended by over 700 members and counting, reflected the association’s mission to help women realise their potential while shifting mindsets away from dependency and over-glamorization of the ‘white collar job.’ According to the group, progress can be better achieved through innovation and creativity. “When a woman is able to earn and blossom on her own she has no reason to look at herself as a second fiddle,” the association stated.
One of the association’s standout initiatives is its women-only investment platform, which currently offers a minimum entry of ₦100,000 with a return of ₦130,000 over 30 days—an interest rate of 30 percent. Some members invest as much as ₦1 million, enjoying the same return rate. Mrs. Mkpuma explained that the scheme focuses on women because “women bear the greater brunt of poverty” and the platform seeks “to offer equity in the absence of economic equality.”
Education is also central to the Noble Ladies’ mission, regardless of age. Their mantra, “start again from where you stopped,” encourages women to return to school or upgrade their skills at any stage in life. The association believes that financial stability is vital in protecting women from cultural practices that dispossess widows of their late husbands’ assets, while also enabling them to raise morally and socially grounded families.
Founded on the vision of enhancing women’s skills and achieving financial stability, the association rests on a value system that discourages pity and promotes purpose. “You have a purpose and you build on that purpose to achieve great potentials and emancipation,” Mrs. Mkpuma said.
A criminologist by training and entrepreneur by practice, she cautions against idleness while waiting for formal employment. “There are billions in the informal and non-formal sectors waiting to be made,” she said, rejecting the “new normal of begging” and urging people to “be more introspective to find their purpose in life and hold on to it.”
Mrs. Mkpuma’s management style keeps members actively engaged, focusing on vocational skills and training to prepare them for competitive markets. She is exploring “innovative integration of uncommon technologies” and is already in talks with international franchises to invest in Nigeria, with Noble Ladies as first beneficiaries.
The association’s core values include mutual respect, innovation, forward-thinking, equal opportunity, and financial emancipation. With plans underway to establish a secretariat in the heart of Abuja, the group aims to expand its impact.
The event drew high-profile guests, including former Inspector General of Police, Mike Okiro, and a host of VIPs, marking a significant milestone in the association’s drive for women’s empowerment.
Headlines
NEPZA, FCT agree to create world-class FTZ environment

The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to resolve the dispute between the Federal Capital Territory Administration and the Abuja Technology Village (ATV), a licensed Free Trade Zone, over the potential revocation of the zone’s land title.
Dr. Olufemi Ogunyemi, the Managing Director of NEPZA, urged ATV operators and investors to withdraw the lawsuit filed against the FCT administration immediately to facilitate a roundtable negotiation.
Dr. Ogunyemi delivered the charge during a courtesy visit to the Minister of the Federal Capital Territory, Barrister Nyesom Wike, on Thursday in Abuja.
You will recall that the ATV operators responded to the revocation notice issued by the FCT administration with a lawsuit.
Dr. Ogunyemi stated that the continued support for the growth of the Free Trade Zones Scheme would benefit the nation’s economy and the FCT’s development, emphasizing that the FCT administration recognized the scheme’s potential to accelerate industrialisation.
Dr. Ogunyemi, also the Chief Executive Officer of NEPZA, expressed his delight at the steps taken by the FCT minister to expand the economic frontier of the FCT through the proposed Abuja City Walk (ACW) project.
Dr. Ogunyemi further explained that the Authority was preparing to assess all the 63 licensed Free Trade Zones across the country with the view to vetting their functionality and contributions to the nation’s Foreign Direct Investment and export drives.
“I have come to discuss with His Excellency, the Minister of the Federal Capital Territory on the importance of supporting the ATV to succeed while also promoting the development of the Abuja City Walk project. We must work together to achieve this for the good of our nation,” he said.
On his part, the FCT Minister reiterated his unflinching determination to work towards President Bola Ahmed Tinubu’s Renewed Hope Agenda by bringing FDI to the FCT.
“We must fulfil Mr. President’s promises regarding industrialization, trade, and investment. In this context, the FCT will collaborate with NEPZA to review the future of ATV, a zone that was sponsored and supported by the FCT administration,” Wike said.
Barrister Wike also said that efforts were underway to fast-track the industrialisation process of the territory with the construction of the Abuja City Walk.
The minister further said the Abuja City Walk project was planned to cover over 200 hectares in the Abuja Technology Village corridor along Airport Road.
According to him, the business ecosystem aimed to create a lively, mixed-use urban center with residential, commercial, retail, hospitality, medical, and institutional facilities.
He added that the ACW would turn out to be a high-definition and world-class project that would give this administration’s Renewed Hope Agenda true meaning in the North-Central Region of the country.
Barrister Wike also indicated his continued pursuit of land and property owners who failed to fulfil their obligations to the FCT in his determination to develop the territory.
Headlines
Benue IDPs block highway, demand return to ancestral homes

Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.
The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.
The protest caused disruption, leaving hundreds of motorists and passengers stranded.
Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.
“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.
Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.
Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.
-
Headlines3 years ago
Facebook, Instagram Temporarily Allow Posts on Ukraine War Calling for Violence Against Invading Russians or Putin’s Death
-
Headlines3 years ago
Nigeria, Other West African Countries Facing Worst Food Crisis in 10 Years, Aid Groups Say
-
Foreign3 years ago
New York Consulate installs machines for 10-year passport
-
News12 months ago
Zero Trust Architecture in a Remote World: Securing the New Normal
-
Entertainment3 years ago
Phyna emerges winner of Big Brother Naija Season 7
-
Headlines1 year ago
Nigeria Customs modernisation project to check extortion of traders
-
Economy1 year ago
We generated N30.2 bn revenue in three months – Kano NCS Comptroller
-
Headlines1 year ago
Philippines’ Vice President Sara Duterte resigns from Cabinet