When Nigeria’s Independent Corrupt Practices and Other Related Offences Commission announced that it had invited Aliko Dangote to appear over a petition he submitted against the former head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the news landed with unusual force. This was not just another corruption allegation in a country long accustomed […]
For millions of Nigerians, the sound of an engine starting each morning is more than a routine—it is a calculation. How much fuel will be needed today? Can today’s earnings cover transport, food, and electricity? In a country where petrol prices quietly dictate the rhythm of daily life, even a small adjustment at the pump
By Smart Chuk The battle lines were drawn quietly at first. Then, almost overnight, it spilled into the open, dragging Nigeria’s oil regulatory system, one of Africa’s most powerful businessmen, and the nation’s fragile trust in public institutions into a single, combustible controversy. At the centre of the storm is an explosive allegation by Africa’s
By Smart Chuks For millions of Nigerians battling daily with high transport costs and rising prices of basic goods, the sight of fuel pump prices edging downward has been a rare moment of relief. Across several cities, filling stations have quietly adjusted petrol prices, knocking off an average of ₦45 per litre. While the reductions
By Smart Chuks A fresh controversy is unfolding in Nigeria’s political and economic space following the Senate’s revelation of unaccounted crude oil proceeds totaling over ₦300 billion. The funds were reportedly deposited into the Federation Account without proper documentation or verifiable reconciliation, prompting nationwide concern and renewed scrutiny of revenue governance in the petroleum sector.
By: Tochukwu Egbuna For over a decade, clashes between farmers and herders have contributed to one of Nigeria’s most devastating internal security challenges. These conflicts have led to loss of lives, destruction of farmlands, displacement of communities, and growing food insecurity. With tensions worsening in many rural regions, calls for reforming Nigeria’s traditional livestock system
By Chinedu Okafor Nigeria’s fuel market has once again entered a delicate phase, following the federal government’s last-minute suspension of a proposed 15 percent ad-valorem import duty on petrol and diesel. Almost immediately, reports began to emerge that some filling stations had adjusted pump prices downward, offering motorists slight but noticeable relief after months of
Introduction In a statement that has sparked nationwide debate, Labour Party’s 2023 presidential candidate, Peter Obi, has described Nigerian internet fraudsters—commonly known as Yahoo Boys—as “geniuses who need redirection.” Obi’s comment reflects a broader concern about the nation’s unemployment crisis, the erosion of values among youth, and the government’s failure to harness Nigeria’s untapped human
By Ifeanyi Chukwu – SaharaNews247 Nigeria has once again been hit by a wave of fuel price increases following reports of a temporary supply disruption at the Dangote Petroleum Refinery. The glitch, which reportedly affected the refinery’s distribution and loading schedules, has caused ripple effects across the country — with filling stations adjusting pump prices
By Smart Chuks | SaharaNews247 How Supply Shocks, Refinery Disruptions, and Low Imports Are Driving Up Costs—and What It Means for Nigerians Overview Across Nigeria, motorists are facing another round of petrol price increases as filling stations quietly adjust their pump rates upward. In cities like Abuja, Lagos, and Port Harcourt, the price of Premium
