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Fuel Prices Drop in Abia to N1,150-N1,200 Following NNPC Direct Supply
Fuel prices in Abia have dropped from N1,300-N1,350 per liter to between N1,150 and N1,200. This decrease follows the Nigeria National Petroleum Company’s (NNPC) decision to allow direct requests and payments for fuel from members of the Independent Petroleum Marketers Association of Nigeria (IPMAN). Marketers in Aba and Umuahia have begun sourcing fuel directly from the NNPC, contributing to the lower prices.
Mazi Oliver Okolo, Executive Chairman of IPMAN’s Aba branch, explained that improved supply from the NNPC is driving the price reduction. He noted that since the NNPC opened its portal for requests last Saturday, he expects further price drops once supplies begin next week. Okolo emphasized that direct supply from the NNPC and the operational status of local depots in Aba are crucial for sustaining low fuel prices.
He believes that if NNPC, the state government, and the federal government collaborate to ensure fuel availability at the Aba depot, prices could fall to around N900 or below N1,000 per liter. Okolo acknowledged the challenges faced by marketers due to high sourcing costs from third parties and thanked Governor Alex Otti for starting the rehabilitation of the Osisioma-NNPC-Ekeakpara road, a federal road that will aid in improving fuel distribution.
Lagos State Police react to claims of them taking money from dispatch riders on the Coastal Road in Lagos.
It started after a rumour was shared that police arrest and take money from riders as a demand for high bribes, sometimes reaching ₦200,000, and seize motorcycles if not given.
The Police Public Relations Officer, SP Benjamin Hundeyin, then addressed the claims online and stated in his statement that he disagreed that the rumour is true and stated, “The spread of misinformation only causes more harm than good. In this era, we can and must do better.”
It has been announced by the governor of Ogun that Tuesday 3rd of February is a public holiday in order to mark the 50th anniversary of the state creation.
This public holiday declaration was released in a statement by the secretary of the state, Tokunbo Talabi.
He then added that the holiday will provide as a day for the citizens to participate in the activities for the state milestone.
Former Kogi politician, Dino Melaye, faces backlash from the public after he shared a video on social media of him abroad and living well through his luxurious lifestyle.
In the same video, he speaks about Nigeria’s current economy and shares his disappointment.
He wrote, “See country, God help us to build a true nation where our wicked leaders will be in jail and the right people in power. Nigeria must be fixed. YES WE CAN.”
However, many state that what he posted and what he is saying contradict each other, and they accused him of sharing his own records to know if he was a corrupt leader.
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