New Price Hikes for Number Plates and Driver’s Licenses Add to Nigerians’ Financial Burden The Tinubu government increases license and number plate fees amid growing economic challenges, further burdening Nigerians with higher costs for essential services. The Joint Tax Board (JTB) has announced a significant hike in the prices for national driver’s licenses and vehicle…
Understanding the Factors Behind NNPCL’s Recent Fuel Price Hike The NNPCL fuel price increase has sparked widespread discussions across Nigeria. According to petroleum marketers, the complete removal of subsidies on Premium Motor Spirit (PMS) by the Nigerian government is the key reason for the hike in fuel prices. As of October 2024, the Nigerian National…
Hardship: I Can’t Afford Diesel Anymore, People Aren’t Addressing Hunger — Rotimi Amaechi Expresses Frustration Former Minister of Transportation, Chibuike Amaechi, has voiced his deep frustration with how Nigerians are handling the worsening economic crisis. In a recent interview with Igbere TV, Amaechi shared his concerns about the rising cost of living and criticized the…
Fuel prices in Abia State drop significantly as the Nigeria National Petroleum Company (NNPC) launches a portal for direct fuel requests and payments from independent petroleum marketers. Fuel prices in Abia State have experienced a noticeable reduction, dropping from N1,300–N1,350 to between N1,150 and N1,200 per litre. This welcome decline follows the Nigeria National Petroleum…
As part of a new economic directive from President Tinubu, the Nigerian government begins crude oil sales in naira to local refineries, signaling a shift in the country’s oil trade policies In a significant policy shift, the Nigerian government has officially commenced naira-based crude oil sales to local refineries, including Dangote Refinery, following a directive…
The cost of landing petrol in Nigeria has seen a reduction as the naira strengthens against the US dollar, impacting fuel prices nationwide. The petrol landing cost drops from N981/litre on September 25, 2024, to N945.63/litre as of September 27, 2024. This decline is linked to the strengthening of the naira, which appreciated against the…
In a bid to enhance essential services and tackle environmental challenges, Nigeria has secured a new financial package from the World Bank totaling $1.57 billion. This funding is set to drive progress in healthcare, education, and climate adaptation, specifically focusing on the needs of women, children, and adolescents, while also addressing the increasing threats of…
The Presidency has confirmed that a significant cabinet reshuffle is expected soon, with up to 11 ministers possibly losing their positions. This development, revealed during a media briefing at the Presidential Villa in Abuja by Bayo Onanuga, Special Adviser to the President on Information and Strategy, signals that President Bola Tinubu is preparing for a…
The Federal Government has announced the second phase of disbursements to nearly one million Nigerians under the Direct Benefit Transfer (DBT) initiative. This programme, overseen by the Presidential Panel on Social Investment, is aimed at providing much-needed financial aid to some of the country’s most vulnerable citizens. During a high-level meeting held in Abuja on…
Nationwide protests set for October 1st as the Nigerian Patriotic Front Movement urges Nigerians to take a stand against poor governance In a bold move for national survival, the Nigerian Patriotic Front Movement (NPFM) has declared October 1st a day of nationwide protests, calling on Nigerians to demand urgent reforms from President Bola Tinubu’s administration….
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