News
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.
It was reported that former Nigerian president Goodluck Jonathan has allegedly purchased a presidential candidate form for the 2027 elections.
It can be noted that Jonathan served as Nigeria’s president from 2010 to 2015.
This information was revealed by Sani Useni, a special assistant who made the claim. Many reacted to the news, with some expressing interest in seeing Jonathan return to power after staying relatively quiet politically since his administration ended.
However, Jonathan has not yet addressed the public or officially shared any presidential ambition.
The Christian Association of Nigeria (CAN) has reacted to the recent abduction incident in Oyo State.
It can be recalled that schools were attacked by armed men, with some teachers and students reportedly taken. Some people were also killed during the attack.
CAN cried out on behalf of the public, stating “It is intolerable, disgraceful and utterly unacceptable that Nigerian children can no longer sit safely in classrooms without the fear of being kidnapped by armed gangs.”
The organisation also stated that Nigerians are tired of constantly mourning and questioning when something will finally be done to stop the violence.
The Governor of Oyo State, Seyi Makinde, has revealed that seven teachers were abducted following a recent attack on a school in the state.
It was also shared that the number of students taken is still being investigated.
The governor further revealed that some people were killed during the attack and abduction.
He also added “With the pressure on the terrorists and the bandits in the North-West, they will keep moving southward.”
“When you have pressure in one place, we must be prepared on this side to either repel or neutralise any terrorists fleeing the pressure points.”
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