News
Fuel Scarcity Resurges in Ilorin, Driving Prices Up and Transport Costs Higher
Fuel shortages have reemerged in Ilorin, causing long queues at petrol stations as the scarcity of petrol continues to affect various parts of the country.
In major filling stations, the price of a litre of petrol ranges from N640 to N680. However, some independent fuel stations in Ilorin have increased their prices significantly, with rates reaching as high as N900, N950, or even N1,000 per litre.
Many filling stations were closed at the time of reporting, citing a lack of stock as the reason for their unavailability. Tajudeen Balogun, a manager at one of the independent stations, expressed frustration, noting that there is no longer any importation or loading of petrol in Lagos.
He highlighted that the Nigerian National Petroleum Corporation (NNPC) is now the sole importer of the product, and this situation is expected to persist until the country’s four local refineries are operational and able to meet the fuel demands of Nigerians.
A senior official from TotalEnergies at a filling station in Ilorin, who wished to remain anonymous, also mentioned the current challenges.
They indicated that the inability to load fuel in Lagos is due to the unavailability of the product, and expressed uncertainty about when the situation might improve, stating that only divine intervention might resolve the ongoing crisis.
The scarcity of fuel and the surge in petrol prices have led to increased transportation costs in Ilorin. Commercial cab operators, as well as Okada (motorcycle taxis) and tricycle riders, have reported significant hikes in fares, exacerbating the impact of the fuel shortage on daily commutes and transportation across the state capital.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
-
Entertainment9 hours agoLove Island USA Stars Turn Heads as Season 8 Cast Reunites
-
Entertainment10 hours agoSoso Soberekon Offers Peter Okoye ₦500 Million to Fight Paul in Boxing Match
-
Entertainment13 hours agoSpider-Man Movie Review: Fans React to Sadie Sink’s Role
-
Entertainment11 hours ago2Baba Sparks Reactions Amid Reports of Marital Drama With Natasha
-
Entertainment10 hours agoPeller’s Sweet Wedding Vows to Jarvis Leave Fans Emotional
