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Fuel price: Again, FG rejects govs’ N380/litre proposal
Barely three months after the Federal Government turned down the recommendation by the Nigeria Governors’ Forum for an increase in the price of Premium Motor Spirit, popularly called petrol, the Federal Government again on Friday reiterated its stance, insisting that no decision on the adjustment of petrol price would be reached until the ongoing negotiations with the organised labour were concluded.
The Federal Government had first, on May 21, rejected the governors’ recommendation of shooting petrol price up to between N380 and N408.5 per litre and removing fuel subsidy.
The governors’ advice was based on the report of its committee chaired by the Kaduna State Governor, Mallam Nasir El-Rufai, seeking the full deregulation of the oil sector.
El-Rufai, while presenting the report of his committee to the NGF, explained that the current subsidy regime was unsustainable because smugglers and illegal markets in neighbouring African countries were the beneficiaries.
But the Minister of State for Petroleum Resources, Chief Timipre Sylva, in a statement, said the current petrol price of between N162 and N165 per litre would stay.
Sylva said the current price would be retained until the ongoing negotiations with the organised labour were concluded.
He said, “Once again, it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (petrol) to reflect current market realities.
“The current price of petrol will be retained in the month of June until the ongoing engagement with organised labour is concluded.
“This clarification becomes necessary in the light of recent reports regarding the resolution of the Nigeria Governors’ Forum to increase the pump price of petrol.”
Sylva also asked oil marketers not to engage in any activity that could jeopardise the “seamless” supply and distribution system of the commodity.
Despite the Federal Government’s initial stance, oil marketers under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria, on Friday, demanded an immediate end to fuel subsidy in line with the state governors’ recommendation of May.
The President of PETROAN, Dr Billy Gillis-Harry, insisted that oil marketers’ position that fuel subsidy should be stopped remained.
“When it (fuel subsidy) is stopped, the prices of petroleum products will be determined by market forces and this will create competition and lead to an increase in product availability,” he argued.
Gillis-Harry asked the Federal Government to listen to the governors’ call, especially now that the country was grappling with funding challenges.
However, the Federal Government reiterated its stance of May, stating that no decision on the adjustment of petrol price would be reached until the ongoing negotiations with the organised labour were concluded.
The Special Assistant on Media to the Minister of State for Petroleum Resources, Garba-Deen Muhammad, stated that he would re-echo the position of his boss, Sylva, who had earlier stated the position of the Federal Government on the matter.
Muhammad said people were free to make analyses and recommendations but stressed that the government’s position on petrol price had not changed.
He said, “The truth is that the key component for us to make the decision is basically for us to have a consensus with labour. So regardless of what the governors or anybody else is saying, labour is the key partner in this project.
“The negotiations with labour officials are ongoing. A decision will not be reached until the negotiations are over. So anybody can say what they want.”
He added, “The fact is that the labour represents the Nigerian people and the government is working with the Nigerian people. So it is a cardinal objective that the labour is carried along.”
Asked when the negotiations would possibly be concluded, Muhammad stated that the deadline was not completely dependent on the Federal Government.
“People can make their analyses and arrive at whatever proposals, but at the end of the day, a consensus has to be reached and in that consensus, the labour is a major voice and key partner,” he said.
Sylva had also during a recent briefing stated that the government would not discontinue petrol subsidy until its negotiations with the labour were over.
Although Sylva admitted that the burden of petrol subsidy was humongous, he insisted that negotiations with labour were a cardinal factor, stressing that the parties in the talks would soon resolve the concerns.
He said, “Of course, everybody would have their perspective, but from where I sit, I believe that subsidy removal is the best thing for Nigeria, not just for the industry. Discussions with the stakeholders are still ongoing.
“I’ll also bring to your attention that when the President assents to the Petroleum Industry Bill, subsidy issues will become a matter of law because it is already in the PIB that petroleum products will be sold at market-determined prices.”
The Petroleum Industry Bill was passed by the 9th National Assembly on July 1 after over a decade of legislative rigmarole.
The PIB contains five chapters, including governance and institutions, administration, host communities development, petroleum industry fiscal framework and miscellaneous provisions in 319 clauses and 8 schedules.
The National Assembly had in 2018 passed a harmonised version of the bill, but the President, Major General Muhammadu Buhari (retd), refused assent to it due to “legal and constitutional reasons.”
As of March 2021, fuel subsidy was costing the government up to N120bn per month based on the average daily consumption of around 60 million litres of petrol, according to the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari.
Also, according to an analysis by Reuters in April, subsidy cost around N10tn between 2006-2018 – more than the budget of any of the health, education or defence sector.
When contacted on Friday, the Spokesperson for the NGF, Abdulrazaque Bello-Barkindo, said, “I cannot comment on any issue that has not been collectively discussed and agreed upon by governors.”
Meanwhile, oil marketers including the Independent Petroleum Marketers Association of Nigeria on Friday backed the governors by calling for the complete removal of fuel subsidy.
The oil marketers stated that the rise in the landing cost of petrol had further highlighted the need to put a stop to petrol subsidy.
On Monday, The PUNCH reported that the landing cost of petrol imported into Nigeria had increased to a new high of N249.42 per litre on the back of high global crude oil prices.
The further rise in the landing cost of petrol means increased subsidy as the pump price of the product remains between N162 and N165 per litre.
Speaking with Saturday PUNCH, the National Public Relations Officer of IPMAN, Chief Chinedu Ukadike, insisted that petrol price should be determined by market forces.
He said, “In a deregulated sector where subsidy is completely removed, the forces of demand and supply drive the market. There are no institutions that determine the prices of petroleum products in such a deregulated sector or fix the price of the products.
“It is important that the forces of demand and supply should drive the prices of petroleum products in the country, whereby you can be able to buy products from your local refinery and go to your local filling station and sell it.”
Ukadike, however, said the subsidy should be removed in a way that it would not inflict hardship on the consumers.
“IPMAN supports the removal of subsidy, but this should be based on the provisions of the PIB so that marketers and consumers will not suffer hardship,” he said.
“Also, in doing this, we should ensure indigenous production of refined products,” Ukadike added.
The Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie, had also recently said the country might end up spending N2tn on petrol subsidy this year.
Ogbechie, who spoke at the Nigeria History Series of the Centre for Values in Leadership, lamented the lack of deregulation in the downstream sector.
He said, “The biggest elephant in the room today as far as the downstream is concerned is the failure, so to speak, of the government to deregulate the downstream. Fixing the prices at which petroleum products are sold, I believe, is very seriously harmful to this economy.
“Petrol is being sold for between N162 and N165 per litre. I believe that petrol is being subsidised with at least N100 per litre. If you look at the national consumption of anything between 60 and 80 million litres per day, we are spending about N8bn every day just to subsidise one product.”
Petrol subsidy, which was removed in March 2020, resurfaced earlier this year as the government has left the pump price of the product unchanged since last December despite the increase in global oil prices.
Just as the oil marketers, the state-owned oil company, NNPC, had repeatedly kicked against the continuation of subsidy, but stated that it was awaiting the outcome of negotiations between the government and labour.
FG must divest from refineries after rehabilitation, PENGASSAN insists
Meanwhile, the Petroleum and Natural Gas Senior Staff Association of Nigeria has said it will not support the sale of the nation’s refineries.
But the union added that it would insist that the Federal Government divested its interests and allows the private sector to run them after their rehabilitation.
Speaking at a security awareness programme organised by the union in Abuja on Friday, the PENGASSAN National President, Festus Osifo, stated that his association would carry out advocacy for private sector management of the refineries.
He stated that the government could also adopt the public-private model adopted for the Nigeria Liquified Natural Gas Ltd, in which the Federal Government holds minority 49 per cent shares against the 51 per cent by the private sector.
Osifo said, “PENGASSAN has never advocated that refineries be sold. What we have always advocated is that there should be a public-private partnership in such a way that the government will not be involved in the day-to-day running of the refineries.
“Why is the Federal Government not exploring the possibility of adopting the LNG model where the government holds minority 49 per cent while the private sector will take 51 per cent? That model has worked very well.”
Speaking on the ongoing rehabilitation of the refineries, he stated, “PENGASSAN welcomes the rehabilitation of the refineries. Our advocacy, once the rehabilitation work is complete, will be to call on the government to divest from the refineries and allow the private sector to run all of them.
“If we were to sell the refineries the way they are, they will be sold as scraps. If the government fixes the refineries and then divests, the money that government will get will be reasonable.”
He disclosed that while PENGASSAN had never opposed deregulation, it would not support a deregulation policy hinged on importation.
“That is why our position to support the rehabilitation of the refineries is justified. Nigeria will be ripe for full deregulation when the three refineries in the country are fully rehabilitated and are functioning under the efficient private sector.
“With the refineries coming on stream in the next few months and with the Dangote refinery coming on board as well, Nigeria will soon be self-sufficient in refined petroleum products,” Osifo said.
Osifo, a staff member of Total Nigeria Plc, argued that the Petroleum Industry Bill could be amended to reflect the five per cent demanded by the oil-producing communities.
He added, “For us in PENGASSAN, three per cent of operating expenditure is a good place to start. Let the bill be signed to end the uncertainty that shrouded the petroleum industry. The host communities can then seek an amendment.
“In my rough estimation gotten from the expenditure of the oil companies in the last one year, three per cent translates to about $45m (N18.5bn). The most important thing is how the fund will be administered.”
For Squadron Leader Ahamefule Aham Man-Ugwueje, Monday was supposed to be another routine day of duty. Instead, the Nigerian Air Force pilot lost his life in the crash of an ATR-42 aircraft in Igbokoda, Ondo State, barely 16 days after his wedding.
Man-Ugwueje had married Flight Lieutenant Damilola Adekunle on September 19, 2026, in an elaborate ceremony in Abuja.
The couple exchanged vows at the Redeemed Christian Church of God, The Masters Place, Utako, Abuja, before proceeding to the Nigerian Army Conference Centre, Asokoro, for the reception.
Details of the wedding were contained in the couple’s invitation and posts shared by vendors who participated in the ceremony. A videographer, Beejay Creates, also shared footage from the event, identifying the couple as bride Damilola and groom Ahamefule.
Man-Ugwueje, who was identified by the Nigerian Air Force as the co-pilot of the ill-fated aircraft, was among the five crew members and 20 passengers who died in the crash.
The aircraft, NAF 931, was on a routine mission from Benin to Lagos when it crashed in a swampy area around Igbokoda in Ilaje Local Government Area of Ondo State.
The Nigerian Air Force on Tuesday confirmed that all 25 people on board died in the accident and released the names of the victims.
The Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, described the incident as a deeply painful moment for the Nigerian Air Force and the nation, while commiserating with the families, friends and colleagues of the victims.
The Air Force also ordered a comprehensive investigation into the circumstances surrounding the crash.
Man-Ugwueje, whose Facebook profile listed Umuahia, Abia State, as his hometown and Abuja as his current city, was the son of retired Group Captain Man-Ugwueje.
Meanwhile, Ondo State Governor, Lucky Aiyedatiwa, said no survivor was found after security agencies, emergency responders and local residents joined the search for victims at the crash site.
Aiyedatiwa said he was informed of the crash at about 10:30am on Monday after receiving a call from the chairman of Ilaje Local Government Area.
According to the governor, residents across the river from the Nigerian Navy base in Igbokoda heard a loud sound and subsequently saw the aircraft plunge into the swamp.
He said Navy personnel initially exercised caution while trying to determine whether there was a fire or explosion before moving towards the crash site.
“When they noticed that it’s just an accident, they didn’t see any sign of fire. So they moved in, trying to see if they could rescue the people,” the governor said.
Personnel of the local emergency management agency, residents and members of the Amotekun Corps later joined the rescue operation.
However, the search ended in tragedy after authorities confirmed that there were no survivors.
A Nigerian Air Force ATR-42 aircraft on a routine flight from Benin City to Lagos crashed into a swamp in Igbokoda, Ilaje Local Government Area of Ondo State, on Monday after reportedly disappearing from radar shortly after take-off.
The aircraft, with tail number NGR 931, lost communication with air traffic controllers at about 9:13am. A senior air traffic controller, who spoke anonymously, said repeated attempts to re-establish contact with the aircraft failed.
According to the source, personnel around Okitipupa later reported hearing a loud bang suspected to have come from the crash site.
The Minister of Aviation and Aerospace Development, Festus Keyamo, confirmed that the aircraft had disappeared from radar and that all efforts to raise it on radio were unsuccessful.
He later announced that the wreckage had been located near the Naval Base in Igbokoda.
Keyamo said 32 people—25 passengers and seven crew members—were on board.
The Nigerian Air Force confirmed the crash, saying the aircraft was on a routine mission from Benin to Lagos and that search-and-rescue operations had commenced in coordination with relevant authorities.
The crash site, located in a swampy creek, proved difficult to access, with military personnel, emergency responders and local fishermen joining the rescue operation.
Governor Lucky Aiyedatiwa said no survivor had been found as of Monday evening, although the authorities had yet to officially announce a death toll.
The governor said rescuers recovered parts of the aircraft, identification cards and military uniforms from the site.
President Bola Tinubu expressed sadness over the incident and directed the Nigerian Air Force to immediately commence a thorough investigation into the cause of the crash.
Investigators are expected to examine the wreckage, flight path, weather conditions, maintenance records and air traffic control communications. Efforts were also being made to recover the aircraft’s flight recorder, which could provide crucial information about its final moments.
The cause of the crash remains unknown.
Ondo State Governor, Lucky Aiyedatiwa, has disclosed that no survivor has so far been found following the crash of a Nigerian Air Force aircraft in Igbokoda, Ilaje Local Government Area of the state.
Aiyedatiwa made this known during an interview with Channels Television on Monday, saying local residents, security personnel and emergency responders had searched the crash site without finding anyone alive.
The governor said he received information about the incident at about 10:30am after the chairman of the local government contacted him.
According to him, residents living across the river from the Nigerian Navy base in Igbokoda heard a loud sound and subsequently saw the aircraft plunge into a swampy area.
He explained that personnel of the Nigerian Navy initially stayed back to determine whether the crash had triggered a fire or explosion before proceeding to the site.
“When they noticed that it’s just an accident, they didn’t see any sign of fire. So they moved in, trying to see if they could rescue the people,” Aiyedatiwa said.
He added that officials of the state emergency management agency, local residents and personnel of the Amotekun Corps later joined the search and rescue operation.
“But from the information we got, no single life was saved up to this moment. They could not see any living soul that was in that aircraft,” the governor said.
Aiyedatiwa said searchers recovered parts of the aircraft, including pieces of the wings, identification cards and military uniforms, which helped establish that the aircraft was a military plane.
“But they saw the ruins, some of the wreckage from the wings of the aircraft, you know, some ID cards, I was told, and then uniform. That was when they knew it was a military aircraft,” he said.
The governor described the incident as a painful development, noting that the crash occurred not only in Ondo State but also in his home local government area.
“So it’s a sad situation today. And we’re all really, really agreed as a Nigerian. And also it happens in my own state, not just my state, even in my own local government where I’m from,” he said.
Aiyedatiwa expressed sympathy for the military personnel involved, describing them as officers assigned to protect the territorial integrity of Nigeria.
The Nigerian Air Force had earlier confirmed that an ATR-42 aircraft with tail number NGR 931 crashed in Igbokoda while on a routine mission from Benin, Edo State, to Lagos.
Minister of Aviation and Aerospace Development, Festus Keyamo, said preliminary information indicated that 25 passengers and seven crew members were on board the aircraft.
The Nigerian Air Force said search and rescue operations were ongoing following the crash.
“If You Have Evidence Against Stanley Mbam, Charge Him; Otherwise, Release Him” — Oganiru Izzi
A socio-cultural organisation of Izzi extraction, Oganiru Izzi, has challenged Ebonyi State Governor, Chief Francis Ogbonna Nwifuru, to either release the state’s sacked Commissioner for Works, Mr Stanley Mbam, or charge him before a competent court if the government has credible evidence of wrongdoing against him.
The group said the continued detention of the former commissioner without a formal charge raises concerns about due process, constitutional rights and the rule of law.
The leader of Oganiru Izzi, Mr Godwin Mbam, made the demand while speaking with correspondents of National Issue Newspapers at the Crack Department of the Ebonyi State Police Command in Abakaliki.
Mbam condemned what he described as the prolonged detention of Stanley Mbam without allowing a court to determine whether he had committed any offence.
He challenged the state government to produce evidence if it believes the former commissioner committed a criminal offence.
“If there is credible evidence against him, charge him to court and let the court decide. If there is no case against him, he should be released,” Mbam said.
He also appealed to the Ebonyi State Police Command to uphold the Constitution and resist any pressure that could result in unlawful detention.
Vanco Flyover: “We Will Reveal the Full Details”
Mbam also issued a three-day challenge to Governor Nwifuru, declaring that if the former commissioner was not released or charged to court, his organisation would make public what it described as the “full details” of the Vanco Flyover project.
According to him, the proposed disclosure would address issues surrounding the project, including its funding, payments, contractual arrangements and other financial details.
“We will let the world know the full details of the Vanco Flyover and how the funds were utilised,” he warned.
He further challenged the state government to demonstrate transparency by making relevant documents concerning the project available to the public.
“What About the Alleged ₦1.5 Billion Forfeiture?”
The Izzi group also questioned what it described as the selective application of the state government’s anti-corruption campaign.
Mbam referred to allegations involving an account reportedly frozen by the Economic and Financial Crimes Commission (EFCC) and an alleged ₦1.5 billion forfeiture to the Federal Government.
He questioned why, according to him, the governor had allegedly not taken similar action if the facts surrounding the matter warranted it.
Mbam stressed that he was not opposed to the fight against corruption but insisted that any anti-corruption campaign must be comprehensive, transparent and applied equally.
“If Governor Nwifuru wants to fight corruption, let him fight it holistically. Nobody should be targeted while other serious allegations are ignored,” he said.
“If Nwifuru Says He Knows Nothing, We Will Produce the Facts”
Mbam further challenged Governor Nwifuru to publicly state whether he was aware of alleged corruption issues within the Ministry of Works.
“If Nwifuru publicly claims that he is unaware of corruption in the Works Ministry, I will make public the facts available to me. The facts will shock the state,” he declared.
He insisted that the matter should not degenerate into a political vendetta, arguing that the appropriate place to determine criminal liability is a court of law.
According to him, the people of Ebonyi State deserve clear answers concerning the Vanco Flyover and other issues involving public funds.
“Everybody Should Be Subject to the Law”
The Oganiru Izzi leader maintained that the controversy should be resolved through transparency, documentary evidence and due process.
“If there is a case, charge him. If there is no case, release him. The government cannot claim to be fighting corruption while abandoning the principles of justice and the rule of law,” he said.
Mbam warned that failure to address the issues could compel the organisation to make further disclosures concerning the Vanco Flyover and other matters it considers to be in the public interest.
By Our Correspondent
As Nigeria celebrates its 66th Independence Anniversary, the candidate for the House of Representatives seat representing the Ezza South/Ikwo Federal Constituency, Hon. Chief Kevin Tobias Chukwu, has called on Nigerians to remain hopeful and committed to building a better country.
Chukwu, also known as Ochiri Ozua 1 of Amagu Ikwo, made the call in an Independence Day message to Nigerians, particularly the people of Ezza South/Ikwo Federal Constituency and Ebonyi State.
He described the anniversary as not only a moment for celebration but also an opportunity to reflect on the state of the nation and the responsibilities of leaders in building a Nigeria that meets the aspirations of its citizens.
According to him, Nigeria’s journey since independence has been marked by significant challenges, with millions of citizens currently facing economic hardship, while young people continue to search for opportunities and many communities contend with insecurity and uncertainty.
Despite these challenges, the Ebonyi politician said the resilience of Nigerians remained a source of hope for the country’s future.
“I believe in the resilience of our people. I believe in the ingenuity of our youths, the strength of our women, the wisdom of our elders and the determination of ordinary Nigerians who wake up every morning and refuse to give up on this country,” he said.
Chukwu, however, stressed that hope must be matched by responsible leadership, arguing that public office should be viewed as a responsibility rather than a privilege.
He called for leadership that prioritises the protection of lives, creation of economic opportunities, provision of infrastructure, strengthening of institutions and responsible management of national resources.
The candidate also emphasised the need to create an environment where young Nigerians can pursue successful lives within the country and where hard work, merit and enterprise are rewarded.
He said Nigeria had “come too far to surrender to hopelessness,” urging citizens and leaders alike to remain committed to the country’s progress.
“A better Nigeria is still possible, but it will require responsible leadership, accountable institutions and citizens who refuse to give up on their country,” he said.
Chukwu concluded by expressing optimism about Nigeria’s future, declaring: “Nigeria will rise. Nigeria must rise. And together, we must build the Nigeria we deserve.”
He also paid tribute to the nation’s past heroes, praying that their sacrifices would continue to inspire the country.
“May the labour of our heroes past never be in vain,” he said, as he wished Nigerians a happy 66th Independence Anniversary.
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