Nigeria’s Inflation Rate Drops to 32.15% in August Despite Rising Fuel Costs

EconomyNewsNigeriaNigeria’s Inflation Rate Drops to 32.15% in August Despite Rising Fuel Costs

By Ezinwanne Onwuka (Senior Reporter)September 17, 2024

Nigeria’s headline inflation rate dropped to 32.15 per cent in August 2024, marking the second consecutive month of decline, according to the latest data from the National Bureau of Statistics, NBS. This represents a 1.25 percentage point decrease from the 33.4 per cent recorded in July 2024. Despite this slowdown, analysts caution that the relief may be temporary due to recent petrol price hikes, which have sparked widespread discontent amidst the country’s worst cost-of-living crisis...

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Fuel to Sell At N1,019 in Borno as NNPC Releases Estimated Pump Prices

EconomyNewsNigeriaFuel to Sell At N1,019 in Borno as NNPC Releases Estimated Pump Prices

By Ezinwanne Onwuka (Senior Reporter)September 16, 2024

The Nigerian National Petroleum Company Limited, NNPCL, has released the estimated pump prices for Premium Motor Spirit, PMS, commonly known as petrol, sourced from the Dangote Refinery. The prices are based on the refinery’s September 2024 pricing. According to a press statement issued by the NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, petrol prices will no longer be set by the government but will be negotiated directly between involved parties, in line with the provisions...

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NNPCL Loads Petrol At N898 Per Litre As Dangote Refinery Begins Distribution

NewsNigeriaOil & GasNNPCL Loads Petrol At N898 Per Litre As Dangote Refinery Begins Distribution

By Ezinwanne Onwuka (Senior Reporter)September 15, 2024

The Dangote Petroleum Refinery has commenced the loading of premium motor spirit (PMS), also known as petrol, at its gantry, signalling the beginning of a new era in Nigeria’s downstream petroleum sector. The Nigerian National Petroleum Company Limited, NNPCL, started loading petrol on Sunday after deploying over 100 trucks to the petrol-loading gantry of Dangote refinery on Saturday afternoon, in preparation for the scheduled petrol loading on Sunday. This marks a significant step following the...

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NewsNigeria’s U-20 Women’s World Cup Journey Ends as Japan Downs Falconets 2-1

By Ezinwanne Onwuka (Senior Reporter)September 13, 2024

Nigeria’s Falconets have been eliminated from the FIFA U-20 Women’s World Cup after a 2-1 loss to Japan in their final group stage match on Friday morning. Japan scored in the 33rd and 65th minutes, dashing the Falconets’ hopes of advancing to the quarterfinals. Despite a strong effort from Nigeria, the team struggled to penetrate Japan’s defence and secure the necessary win. Olushola Shobowale scored a late goal in the 91st minute, but it was...

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Nigerian Students to Explore Education Opportunities at USA College Fair

NewsNigeriaSoccerSportsNigerian Students to Explore Education Opportunities at USA College Fair

By Ezinwanne Onwuka (Senior Reporter)September 13, 2024

…50 US colleges to participate The US Embassy in Nigeria will host the 23rd annual EducationUSA College Fair from 17 to 19 September 2024 in Abuja and Lagos. The fair would provide Nigerian students the opportunity to interact with international admissions officers from 50 top US universities. Among the participating institutions are Harvard University, Columbia University, The George Washington University, Tulane University, and Spelman College. According to the US Embassy, the fair will allow prospective...

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Who Owns 200-Hectare Ogun State Rice Farm?

NewsNigeriaPoliticsWho Owns 200-Hectare Ogun State Rice Farm?

By Ezinwanne Onwuka (Senior Reporter)September 13, 2024

Farmer and State Government Present Conflicting Claims A farmer, Bello Zabarmawa, has refuted claims made by the Ogun State government and Governor Dapo Abiodun regarding the ownership of a 200-hectare rice farm in Magboro, Obafemi-Owode Local Government Area. Zabarmawa asserted that the rice plantation, which the Governor inaugurated on 19 August, is a private venture funded by him, not a state government project as claimed. Zabarmawa, a special adviser to the Kebbi State Governor, explained...

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Tinubu Moves From China to UK to Discuss Climate Change

NewsNigeriaPoliticsTinubu Moves From China to UK to Discuss Climate Change

By Ezinwanne Onwuka (Senior Reporter)September 13, 2024

…New York is next on the list King Charles III hosted Nigerian President Bola Tinubu at Buckingham Palace on Wednesday, reaffirming the strong diplomatic ties between the United Kingdom and Nigeria. According to a statement released Thursday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, this marked the first formal meeting between the two leaders since their interaction at the COP 28 Climate Summit in Dubai last year. Onanuga added that...

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Ten Arrested #EndBadGovernance Protesters Get Bail of N10 Million

Crime & SecurityNewsNigeriaTen Arrested #EndBadGovernance Protesters Get Bail of N10 Million

By Ezinwanne Onwuka (Senior Reporter)September 13, 2024

A Federal High Court in Abuja has granted bail to 10 protesters involved in the #EndBadGovernance demonstrations. Each protester was granted bail in the sum of N10 million. The protesters, arrested during the protests against the government’s alleged failures, appeared in court on Wednesday, 11 September, to face various charges, including treason. Their case had initially been adjourned on 2 September. The protests, which aimed to demand better governance and accountability, took place from 1...

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TUC UK Slams Nigerian Government for Arresting NLC President Joe Ajaero

NewsNigeriaPoliticsTUC UK Slams Nigerian Government for Arresting NLC President Joe Ajaero

By Ezinwanne Onwuka (Senior Reporter)September 11, 2024

…Ajaero Regains Freedom The Trade Union Congress, TUC, of the United Kingdom has condemned the Nigerian government over the arrest and detention of the President of the Nigeria Labour Congress, NLC, Joe Ajaero, on Monday. The UK TUC has called for an immediate end to the government’s clampdown on labour leaders in Nigeria. Pilot News had earlier on Monday reported that Ajaero was arrested by the Department of State Services at the Nnamdi Azikiwe International...

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Akwa Ibom Youths Rewarded with ₦310M for Boycotting #EndBadGovernance Protest

NewsNigeriaPoliticsAkwa Ibom Youths Rewarded with ₦310M for Boycotting #EndBadGovernance Protest

By Ezinwanne Onwuka (Senior Reporter)September 11, 2024

Governor Umo Eno of Akwa Ibom State has announced a cash reward of ₦310 million to youth leaders across the 31 local government areas for boycotting the recent #EndBadGovernance protest. The Governor had previously assured stakeholders that he would appreciate the youths if they refrained from participating in the nationwide protests, which were held from 1st to 10th August. Speaking at a thank-you rally at Uyo Township Stadium on Tuesday, Governor Eno disclosed that each...

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