News
Marketers Petition Tinubu Over Plummeting Diesel Prices, Senate Delays Sabotage Hearing
Devakumar Edwin, Vice President of Dangote Industries Limited, revealed that petroleum marketers in Nigeria have raised concerns over the pricing of locally refined diesel.
These marketers have formally approached President Bola Tinubu, expressing dissatisfaction with the current price trends.
According to Edwin, diesel prices have seen a significant reduction, dropping from N1,200 per litre to N900 per litre, and this has had an adverse effect on the marketers’ businesses.
He shared these insights during a Twitter Space session hosted by Nairametrics on Thursday.
During the session, Edwin explained that the marketers are worried about the declining prices, which, in their view, threaten their business profitability.
They believe the situation could impact the overall dynamics of the oil and gas industry if not addressed promptly.
Additionally, the Senate recently announced a delay in the public hearing concerning alleged sabotage in Nigeria’s petroleum sector.
This development was confirmed by Senator Opeyemi Bamidele, the Leader of the Senate and Chairman of the Senate Ad-hoc Committee, who stated that the hearing would be postponed.
The issue of sabotage has been a topic of concern, and stakeholders hope the eventual hearing will shed light on the underlying issues affecting the industry.
News
Peter Obi Raises Concerns Over Nigeria’s Hunger Index Ranking
Nigerian politician Peter Obi speaks on the increase in the cost of living in Nigeria and shared how more Nigerians are now hungry and the hunger crisis is increasing in the country.
He stated, “Despite three years of Tinubu’s food emergency, Nigeria’s hunger ranking index declined to among the worst nations globally.”
“Yet the outcome of this has been the opposite. Nigeria’s hunger index has worsened significantly. Nigeria’s hunger index ranking was 103rd out of 123 countries surveyed in 2022/2023, and this figure has since worsened to 115th out of 123 countries surveyed in 2025/2026.”
News
U.S. Government Warns Influencers Ahead of 2026 FIFA World Cup
The U.S. government has released a warning to social media influencers who will be coming to watch the 2026 FIFA World Cup.
The government placed a rule on creating content to make money while using a tourist visa and stated that it could lead to deportation back to their country.
It can be noted that the World Cup will be hosted in the United States, Canada, and Mexico.
“People who enter the United States under a visitor program and receive income from a U.S. source would be violating the conditions of their admission status.”
News
Isaac Fayose Criticizes Government Over Taxation and Insecurity
Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.
He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.
According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.
The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”
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