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Pump Price Yet To Reflect Market Conditions — NNPC

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The Executive Vice President of Nigerian National Petroleum Company Limited (Downstream), Adedapo Segun, says the company wants a competitive market to ensure stable fuel prices and supply in Africa’s most populous nation.

 

According to Segun,  the current fuel pump price does not accurately reflect prevailing market conditions.

 

“The pump price today is not market reflective. NNPCL is the sole importer of PMS in the country, which is abnormal. We should be moving towards a situation where the free market determines prices,” he said, stressing that market forces, rather than any single entity, should dictate fuel prices.” Segun said on Arise Television’s Morning Show on Thursday, September 5.

 

Segun said that NNPCL’s role as the sole importer of Premium Motor Spirit (petrol) was not a deliberate choice by the company but a response to market conditions.

“Let me put it in the proper context. NNPCL is not a regulator. We didn’t choose to be the sole importer. We don’t determine who plays in the market. We stepped in when others reduced their participation. It’s not about wanting to be monopolists,” he explained.

He said that achieving a stable fuel supply and price would require a more liquid foreign exchange market.

“Market conditions need to be perfect, and there must be FX liquidity,” he added, suggesting that broader economic reforms may be necessary to address the fuel pricing issue.NNPCL has been working closely with private refineries, such as Dangote, to ensure a steady supply of crude oil for refining.

“We have supplied about 30 million barrels to Dangote so far: 6.3 million this month, and we will supply 11.3 million in October,” he added.

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Ojogwu Godwin Chukwudi hailed from Delta State. A young talented personality, Alumnus of Delta State university,Abraka Studied Library and information science. He is an intellectual cyber communicator expert and a prolific blogger professional.

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South-East Needs Tinubu, Says Umahi

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Minister of Works, Dave Umahi, has declared that President Bola Tinubu is the Biafra the South-East has been looking for.

Umahi noted that Tinubu has integrated the entire South-East into the mainstream.

Speaking during the All Progressives Congress, APC, presidential primary in Ebonyi State, the minister said the President gave the South-East what he described as juicy appointments.

He said: “Tinubu is the Biafra we have been looking for, a man who has integrated the entire South-East.

“A man who has given us juicy appointments and a man who has
given us very important infrastructure. Bola Tinubu on your mandate we shall
stand.”

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Kebbi 2027: Ex-AGF Malami Wins ADC Governorship Ticket

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Former Attorney-General of the Federation and Minister of
Justice, Abubakar Malami, SAN, has emerged as the governorship candidate of the African Democratic Congress, ADC, in Kebbi State for the 2027 general elections.

The endorsement was announced on Sunday in a statement issued by Mohammed Bello Doka, Special Assistant on Media to Malami.

According to the statement, Malami’s emergence followed consultations with party leaders, stakeholders, and supporters across the state
ahead of the 2027 elections.

Malami, in the statement, expressed appreciation to party leaders and supporters for the confidence reposed in him ahead of the election.

“I sincerely appreciate the confidence and support shown by leaders, stakeholders, and supporters of the African Democratic Congress, ADC,
in Kebbi State ahead of the 2027 general elections,” he said.

The statement also announced other candidates endorsed by the party for various positions, including retired Major General Aminu Bande
for the Kebbi Central Senatorial District, retired Deputy Comptroller General
Ibrahim Muhammad Mera for the Kebbi North Senatorial District, and Garba
Danjuma Limi for the Kebbi South Senatorial District.

Doka said the ADC remained committed to promoting good governance, justice, security, and sustainable development in Kebbi State and across the country.

Malami, who served as Attorney-General of the Federation under former President Muhammadu Buhari, is expected to face incumbent Governor Nasir Idris of the All Progressives Congress, APC, in the 2027 governorship election.

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Aisha Makes Case for Three Senators, Six Reps for FCT

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Human rights activist, Aisha Yesufu, has stated why the Federal Capital Territory, FCT, Abuja, should have three senators like every other state in Nigeria.

Speaking at a grassroots mobilization event, Yesufu said in terms of population, the FCT is more populated than 10 states and in terms of land mass, it is bigger than eight states.

According to her, there is no reason FCT cannot have three senators and at least six House of Representatives members.

“The FCT has gone passed the stage where we have to struggle for one Senator. FCT should have three senators. It will be for the betterment of Abuja as a whole.

“With this, the good people of Abuja will have more representatives and their voice will be heard. Instead of one person, you will have three persons speaking at the red chamber of the National Assembly for the
FCT people.

“This is one of the things I will push for as a Senator.
It’s not going to be easy but it’s doable,” she said.

Recall that Yesufu is running for the FCT senatorial seat in the 2027 general elections.

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FG Suspends Services to Nigerian Airlines Including Air Peace, Ibom Air Over Debt

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The Federal Government, through the Nigeria Civil Aviation Authority, NCAA, has ordered its directorates to suspend services to 11 domestic airlines.

The NCAA also placed them on its updated “No-Pay-No-Service” list over unpaid statutory charges owed to the regulator.

An internal memo by the agency’s Director of Finance and Accounts, Olufemi Odukoya, ordered all departments to withhold regulatory and
administrative services from the affected operators until they clear their
outstanding debts or agree on repayment plans.

According to the agency, at the centre of the dispute are the five per cent Ticket Sales Charge and Cargo Sales Charge, funds collected by airlines on behalf of the NCAA to support safety oversight, personnel training and economic regulation within the aviation sector.

The memo also directed all directorates to suspend services to the affected airlines pending financial clearance from the Directorate of Finance and Accounts.

The memo was circulated across the authority’s regional offices and copied to the Director-General of Civil Aviation and other senior officials.

According to the memo, airlines affected by the directive include “Air Peace Limited, Ibom Air Limited, Arik Air Limited, United Nigeria Airlines, Umza Air, NG Eagle, Max Air Limited, Caverton Helicopters, Overland Airways, Rano Air and ValueJet.”

“We have directed that no directorate should render any service to the above airline without financial clearance from the director of finance and accounts,” NCAA said.

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Fayemi Risks APC Sanction Over Remarks Against Party

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Ajibola Basiru, national secretary of the All Progressives Congress (APC), has cautioned Kayode Fayemi, former governor of Ekiti State, against making comments capable of damaging the image of the ruling party.

Basiru warned that disciplinary measures could be taken against him for comments that may portray the party in a bad light.

The warning followed Fayemi’s criticism of the APC during an interview on ‘State Affairs with Edmund Obilo’, where he said the party had drifted away from the ideals of its founding fathers and was gradually losing internal debate and ideological direction.

Fayemi noted that the growing culture of endorsements and consensus arrangements within the party could trigger internal crisis ahead of
future elections.

“This is not where the party has come from. We have lost our bearing and the vision of the founding fathers of this party,” Fayemi said during the interview.

He also warned that the increasing rush by party members to seek political favour from the presidency was unhealthy for the APC.

“It would be unfortunate if everybody is running to Aso Rock because they want something,” he said.

“Those who don’t get consensus won’t be happy… and you’re waiting for an implosion.”

Reacting to the remarks, Basiru dismissed Fayemi’s concerns and suggested the former governor should leave the APC if he no longer believes
in the party.

“We urge him that since he so much despises the party and wishes the party an implosion, he should go to where whatever he thinks his best ideas can be ventilated,” Basiru told Punch.

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“We wish him the best of luck, but he should not stay within our party and be wishing us bad luck. He should go to another political party
if he no longer believes in the party he represents.”

Basiru said the APC would not overlook actions or comments perceived as undermining the party’s interests.

“Let him go and join another party. If he does not join another party, the APC will not hesitate to invoke disciplinary actions to sanction him for anti-party activities,” he said.

The APC national secretary also linked Fayemi’s comments to ongoing political realignments ahead of the 2027 elections, alleging that the former governor had been engaging opposition figures.

“His statement only further confirmed what Mr Rotimi Amaechi aid, that he was one of those who agreed to form opposition against the APC,” Basiru said.

“We also have it on good authority that he and some of his followers have been hobnobbing with opposition elements, particularly ahead of the Ekiti governorship election.”

He added that Fayemi’s comments at a period when the APC is preparing for the Ekiti governorship poll amounted to an attempt to weaken the party politically.

“Even at this time that the party is conducting its primaries and making preparations for the all-important Ekiti governorship election, it only shows a design to demarket the party ahead of that election,”
Basiru said.

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ADC Youth Leaders Reject Atiku, Endorse Amaechi for 2027 Presidency

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Ahead of the presidential primary election of the African Democratic Congress, ADC, major youth leaders across the 17 Local Government
Areas of Enugu State have declared support for the former Governor of Rivers State, Rotimi Amaechi, to fly the party’s ticket in 2027.

The youth leaders also vehemently rejected what they described as an “unfortunate statement” made on Friday by the Enugu State Chairman of the party, claiming that ADC members in Enugu State were supporting the presidential ambition of Atiku Abubakar.

In a statement on Saturday, the youth leaders led by Festus Ifesinachi Omeh said they believe that the presidency should remain in the South in 2027 for the sake of equity, fairness, and justice.

The youth leaders also called on the National Executive Council of the ADC in Abuja to pay urgent and particular attention to developments in Enugu State to ensure transparency, fairness, and peace within the party before the presidential primary election.

According to Omeh, no amount of sponsorship, intimidation, or propaganda can suppress the voice of the people.

Omeh said, “We wish to state clearly and unequivocally that the chairman’s statement does not represent the position, mood, or wishes of
the majority of ADC members and youths in Enugu State. It is false, misleading,
and appears designed to create a false impression before the national
leadership and the Nigerian public.

“For the sake of equity, fairness, and justice, we believe strongly that the presidency should remain in the South in 2027. Nigeria cannot preach balance and national unity while attempting to abruptly return power to the North after only one Southern tenure. The right and honorable thing for our great party to have done from the onset was to zone the presidential ticket to the South.

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“We therefore reject every attempt by political interests and sponsors hiding behind the state chairman to manipulate the genuine wishes of ADC members in Enugu State.

“We want to make it abundantly clear that ADC youths in Enugu State will not support or vote for Atiku Abubakar. We are fully aligned with and committed to supporting the only Southern presidential aspirant who has officially declared under the ADC, Rotimi Amaechi, whom we believe
represents courage, competence, fairness, and national balance.

“We also use this medium to warn against any form of
manipulation, rigging, alteration, or misrepresentation of the votes and
preferences of ADC members in Enugu State during the processes scheduled for
the 25th. The will of party members must prevail. Any attempt to impose
predetermined outcomes will be resisted democratically and lawfully by the
youths and stakeholders of the party in the state.

“Finally, we call on the National Executive Council of the
ADC in Abuja to pay urgent and particular attention to developments in Enugu
State to ensure transparency, fairness, and peace within the party. The
leadership must not allow a few politically sponsored individuals to create
avoidable tension where the overwhelming majority of party faithful are united
in support of Rotimi Amaechi,” he stated.

Leading aspirants for the ADC
presidential ticket include Atiku and Amaechi.

The ADC plans to battle the ruling party, the All
Progressives Congress, in the general elections slated for February 2027.

President Bola Ahmed Tinubu is seeking re-election in 2027.

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PRP Clears Donald Duke for Presidential Primary

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Former Cross River State Governor Donald Duke has been officially cleared to contest on the platform of the People’s Redemption Party (PRP).

The clearance paves the way for Duke, a seasoned politician and one of the most prominent figures in Nigeria’s political landscape, to throw his hat into the ring for the party’s presidential ticket.

The PRP presidential primary is scheduled to hold on Monday, May 25, 2026.According to party sources, Duke will be contesting alongside two other aspirants in what is expected to be a keenly contested primary.

His entry is believed to have generated considerable excitement within the party, given his track record as a former governor and his reputation for progressive governance during his time in office.

Political analysts suggest that Duke’s participation could reshape the dynamics of the PRP primaries, bringing both experience and national visibility to the contest.

The outcome of the May 25 primary will determine the party’s flagbearer for the 2027 presidential election.

Further details on the screening process and the identities of the other two aspirants are expected to be released by the PRP in the coming hours.

 

 

 

 

 

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‘Nigerians Back Tinubu for 2027’, Says Gbajabiamila

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The Chief of Staff to the President, Mr Femi Gbajabiamila,
says members of the All Progressives Congress (APC) and other Nigerians want
President Bola Tinubu to continue in office in 2027.

Gbajabiamila spoke with newsmen on Saturday in Surulere, Lagos, during the APC presidential primary election.

The chief of staff, who arrived at his Ward G2, Adeniran Ogunsanya, at 12.48pm with his mother, Alhaja Lateefat Gbajabiamila, said the massive turnout of party members and supporters reflected growing confidence in Tinubu’s leadership and reform agenda.

According to him, Nigerians have continued to show understanding of the administration’s long-term economic and political policies.

“This crowd is out here for one reason and one reason only.

“To express their love, to express their desire for continuity for President Bola Ahmed Tinubu to continue as the President of the Federal Republic of Nigeria for the next four years.

“And you can see the crowd, overwhelming, and we are grateful; we are grateful,” he said.

Gbajabiamila said supporters thronged the venue despite the inclement weather because of their belief in the president’s vision.

“You can see under the hot sun, you can see my 96-year-old mother as well, and the young, the old, men and women, they are all here.

“It turns out there are large numbers because of the good work of this government and President Bola Ahmed Tinubu. That’s why they are here,” he said.

The presidential aide said many Nigerians understood that reforms introduced by the administration were designed for long-term benefits.

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“Why do you think they have this strong belief that he is capable of continuing the good work?

“Well, a lot of people in Nigeria, a lot of people, are very discerning.

“They understand the policies of this government,” he said.

Gbajabiamila said citizens were aware that economic reforms usually required patience before yielding positive results.

“They understand that the reward of these policies will be reaped in the long term.

“When you are reforming, you don’t expect the gains in the short term or the very next day, no. It’s a long-term thing,” he said.

He likened the present economic challenges facing Nigerians to the pains associated with childbirth.

“And like the president has always said, it’s like the birth pains of a pregnant woman.

“For eight or nine months, you’re pregnant, you’re uncomfortable, there’s a lot of discomfort, and you’re in pain sometimes.

“But at the end of the day, when you deliver that child, all those pains are forgotten,” he said.

The chief of staff said the reforms introduced by Tinubu were necessary for national growth and development.

“All those pains are completely out of the window, and you begin to enjoy the benefits of your newborn baby.

“So, that’s exactly the best analogy for what’s going on in Nigeria today. It’s a necessary reform the president has put in place,” he said.

Gbajabiamila described Tinubu as a courageous and visionary leader determined to reposition the country.

“It takes boldness, it takes courage, and it takes a man with vision.

“And I know these people here; you ask why they are out here, because they see through all the noise.

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“They know that at the end of the day, joy is coming,” he said.

According to him, Nigerians can see beyond current hardships, hence their patience for the reforms to yield desirable returns.

He assured Tinubu would not disappoint if re-elected in 2027. (NAN)

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Tinubu Wins APC Presidential Primary, Awaits Certificate of Return

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President Bola Tinubu has recorded a sweeping victory across several states as the All Progressives Congress (APC) held its 2026 presidential primary election on Saturday.

The exercise, which gathered momentum in the afternoon in
most states, was presided over by governors who were officially mandated by the party to serve as collation officers.

In many of the results already announced, the president defeated Stanley Osifo, his lone challenger, who recorded zero votes in several states.

In Rivers state, Tinubu polled 280,468 votes, while Osifo recorded zero votes across the 23 LGAs of the state, according to Siminalayi Fubara, governor of the state.

It was a similar outcome in Edo, where Tinubu secured 131,096 votes, while Osifo got just one vote during the exercise held across the 192 wards in the state on Saturday.

Monday Okpebholo, the governor and returning officer for the election, described the exercise as peaceful and transparent.

Muhammadu Yahaya, governor of Gombe, who announced the outcome of the exercise, also said the APC in the state delivered every vote to Tinubu during the presidential primary held across the 11 LGAs.

Yahaya said Tinubu polled 450,516 votes while Osifo recorded zero votes, noting that the state has 550,516 registered APC members.

Osifo also recorded zero votes in Osun as Tinubu secured another landslide victory with 100,880 votes in the primary, which was described as peaceful by Adegboyega Oyetola, minister of marine and blue economy, who served as collation officer.

“This impressive turnout is not only historic but also a resounding affirmation of the confidence reposed by members of our party in the leadership, vision and Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, GCFR,” Oyetola said.

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The president also recorded a clean sweep in Ebonyi, securing all 207,579 valid votes cast across the 13 LGAs, while his rival got zero votes.

Announcing the results in Abakaliki, Francis Nwifuru, governor of Ebonyi and collation officer for the state, said the exercise was held simultaneously across 171 wards and 13 LGAs, where the party has 215,490
members.

In Kwara, Tinubu also defeated Osifo, polling 310,990 votes while his lone challenger secured no votes.

Abdulrahman AbdulRazaq, who announced the results, said a
total of 457,374 party members were registered for the exercise, while 310,990
members were accredited and participated in the voting process across the state.

The same scenario played out in Bayelsa as Tinubu garnered 277,192 votes to defeat Osifo, who polled five votes, according to Doriel Nduwi, the collation officer.

Similarly, in Zamfara, Tinubu secured 321,579 votes against the 42 votes recorded by Osifo.

Dauda Lawal, governor of the state, who announced the result, said a total of 322,435 accredited voters participated in the exercise.

“I therefore declare President Bola Ahmed Tinubu as the winner of the 2026 Zamfara State presidential primary,” Lawal said.

‘STRONG AFFIRMATIONS’

Meanwhile, the president received affirmations in some states whose results have not been announced.

Uba Sani, governor of Kaduna, who personally monitored the primary across 255 political wards in the 23 LGAs, said party members turned out massively for the exercise.

He described the development as a strong demonstration of unity, loyalty, and confidence in the leadership of the APC and Tinubu.

Tinubu also received a similar affirmation in Imo as thousands of party members trooped out to cast their votes for his candidacy.

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Speaking after the exercise, Hope Uzodimma, governor of the state, said it is very obvious that “President Tinubu has done enough to deserve a second term”.

“Look at what has happened at the grassroots, how it has been stimulated, starting from the membership registration, which was done electronically, to the validation of members,” the governor said.

“In just one ward, we had 35,000 people. It means that if only our party members vote for President Tinubu, he has already won the election.

“I want to thank President Tinubu for giving time to do politics the way it should be done. And I also want to thank our party members
for coming out massively to vote for him as our candidate for the 2027
presidential election.”

TINUBU TO RECEIVE CERTIFICATE OF RETURN ON SUNDAY

In a post on X, Bayo Onanuga, Tinubu’s senior special adviser on information and strategy, said the president will be presented with a certificate of return and the party’s flag on Sunday.

“President Tinubu to be presented by APC with certificate of return, party’s flag as the 2027 presidential candidate,” he said.

“President Bola Ahmed Tinubu will on Sunday receive the certificate and flag of the All Progressives Congress (APC) as its presidential candidate for the 2027 elections.

“The Presidential Primary Elections Committee will present the certificate and flag at the Bola Ahmed Tinubu International Conference
Centre in Abuja after nationwide collation of the primary election results.

“APC governors, members of the National Executive Committee,
the National Working Committee, and the National Assembly, along with party
stalwarts, will attend the event.”

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