News
NNPC, marketers inflated imported petrol figures under Buhari, Jonathan – Sanusi
Former Governor of Central Bank of Nigeria, Lamido Sanusi, said on Tuesday that petrol imports figures were inflated by NNPC and marketers.
This he said was when global oil prices went up during the administration of President Goodluck Jonathan and the regime of the current President, Major General Muhammadu Buhari (retd.)
Sanusi, who spoke on Tuesday at a panel session during the 27th National Economic Summit in Abuja, said the subsidy on petrol was responsible for the inflated figures.
Until May 2016, when the Federal Government announced a new petrol price band of N135 to N145 per litre of petrol, private marketers imported petrol into the country and were paid subsidy claims by the government in order to keep the pump price lower than the expected open market price of the product.
The Nigerian National Petroleum Corporation, which has been the sole importer of petrol into the country in recent years, has been bearing the subsidy cost. It does the importation through the Direct Purchase Direct Sale arrangement.
Under the DSDP scheme, selected overseas refiners, trading companies and indigenous companies are allocated crude supplies in exchange for the delivery of an equal value of petrol and other refined products to the NNPC.
Sanusi said, “I have said this over and over again, and when I say this, I want it to be clear that I said this when I was governor of the central bank under the previous government. What I say is not about a particular government.
“In 2015 or 2016, Minister Kachikwu came out and said Nigeria was importing 30 million litres of fuel a day after eliminating corruption and having transparency. In 2019, the NNPC came out and said we were importing 59 million litres per day after oil prices have gone up. And I have been asking the question: what happened between 2015 and 2019 that our consumption doubled?
“This was the same thing that happened under the previous government; in Nigeria, when the oil price goes up – unlike all other products when it gets more expensive, you have a reduction in demand – the NNPC says we are importing more. Why because as the price of oil goes up, the arbitrage between the subsidised price and the market price is so high; there is an incentive to inflate those numbers.”
The NNPC, in the latest monthly report on its website, said a total of 1.67 billion litres of Premium Motor Spirit (petrol), translating to 55.79 million litres per day were supplied in April.
Sanusi said, “I have produced evidence before the National Assembly historically of cases where the NNPC would say we have imported fuel, use the name of a vessel – people say they imported fuel; you go and check and the vessel was nowhere near Nigeria on the day they said it was in Lagos, and people have collected subsidy on those things.
“For me, all the drawbacks of this regime, what it is costing Nigeria is not just the cost of subsidy; it is the cost of the corruption. What we need to do is to scrap it.”
The ex-CBN boss added, “This money coming from petroleum belongs to the federation account; the Federal Government does not have the constitutional right to pay subsidy on behalf of the federation.
“So, that is a fundamental constitutional issue because this is money that should go to the federal, state and local governments. Yet money that belongs to the federation is carried out as a central government expenditure. So, you can see so many complex issues – there are legal and economic issues. What we need to do is stop this thing.”
PUNCH
The Federal Road Safety Corps (FRSC) has announced the demise of its Enugu State Sector Commander, Corps Commander Franklin O Agbakoba.
This is contained in a statement issued by FRSC Deputy Corps Commander in-charge of Enugu State Operations, DCC Kyrian C Okolo, on Friday in Enugu.
“FRSC Enugu State Sector Command received the sad news of the demise of CC Franklin Agbakoba on Thursday, July 30,2026.
“The late Sector Commander died at Niger Foundation Hospital, Enugu where he was receiving treatment.
“His corpse have been deposited at the Eastern Medical Center, Enugu,” he said.
Until his death,CC Franklin Agbakoba made inter-agency collaboration and partnership his legacy and promoted safer roads within Enugu State.
The family’s head, Imo Aguiyi-Ironsi, made the demand during an interview with Arise News on Thursday.
“I think the family needs apology. The family needs to be compensated. We need sincere apology. We need sincere reconciliation,” he said.
He described his uncle as a visionary leader who was wrongly punished for a coup he had no role in.
“He was a man of vision. He was a detribalized Nigerian. He was a good leader,” he said.
Imo Aguiyi-Ironsi noted that his uncle’s tenure as Head of State was brief and ended violently.
“He occupied the seat of head of state for only six months, and he was taken away from us.
“Not because of a sin he committed, because he wasn’t part of the January 1966 coup.”
According to him, Aguiyi-Ironsi’s death resulted from his position rather than any wrongdoing on his part.
“Only because of his position as the most senior military officer, he was told to take charge. And then that cost him his life,” he said.
He expressed hope that his appeal would reach those with the power to act on it.
“Well, I hope there are people who are in positions to make this happen that are listening to you tonight,” he said.
Aguiyi-Ironsi served as Nigeria’s Head of State from January 16 to July 29, 1966, taking charge in the aftermath of the January 15, 1966 coup that had claimed the lives of the country’s political leadership.
He survived that coup and helped crush the mutiny, but his later decision to centralise power under Decree 34, along with his failure to prosecute the plotters, fuelled resentment among northern officers.
He was killed on July 29, 1966, alongside his host, Lieutenant Colonel Adekunle Fajuyi, in a mutiny by northern soldiers that became known as the July counter-coup
The directive was contained in a memorandum dated July 13, 2026, and signed by the Chief Registrar of the Supreme Court, Kabir Akanbi.
Addressed to litigation staff, legal practitioners, court registrars and lawyers, the circular said the order took immediate effect and formed part of efforts to uphold professional standards within the apex court.
The memorandum read, “I am directed by the Honourable the Chief Justice of Nigeria to notify all Litigation Staff, Legal Practitioners, Court Registrars, and Lawyers that the use of the title ‘Barrister’ as a prefix to names is inappropriate and inconsistent with the standards of professionalism expected within the Supreme Court of Nigeria.”
It further directed all affected officers to immediately stop using the title in official correspondence and other official materials.
The memo stated, “Consequently, all officers concerned are hereby directed to discontinue the use of the title ‘Barrister’ before their names in all official correspondence, records, documents, identity materials, and any other official engagements with immediate effect.”
The memorandum added, “Heads of Departments and Unit Heads are requested to ensure strict compliance with this directive by all officers under their supervision. Please be guided accordingly.”
The directive comes weeks after the Council of Legal Education cautioned prospective lawyers against wearing wigs and gowns or presenting themselves as qualified legal practitioners before they are formally called to the Nigerian Bar.
The council said such conduct undermined the dignity of the legal profession and warned that violators could face disciplinary measures.
It also reminded candidates that the use of legal regalia is governed by the Rules of Professional Conduct and is reserved for duly qualified legal practitioners
The Enugu State Government says it has intensified fight against quackery across all health professions, particularly in the laboratory practice within the state.
The Commissioner for Health, Prof. George Ugwu, revealed this on Friday while receiving the National President of Association of Medical Laboratory Scientists of Nigeria (AMLSN), Dr. Casimir Ifeanyi, on a courtesy visit to his office in Enugu.
Ugwu decried the growing trend of unprofessional practices and establishments where laboratory services are combined with pharmacies, patient treatment areas, provision stores, and other unauthorised activities.
According to him, such practices are unacceptable and dangerous to public health.
He reaffirmed the government’s resolve to eliminate quackery especially in laboratory practices and operations through sustained monitoring, regulation and enforcement.
The commissioner also commended the association for its dedication to promoting excellence in medical laboratory science and public health advocacy.
He assured the team of the ministry’s willingness to collaborate with professional bodies whose activities align with the government’s vision of delivering accessible, quality, and people-centred healthcare services across the state.
Ugwu stressed the remarkable strides recorded under the administration of Gov. Peter Mbah in transforming the health sector, including investments in healthcare infrastructure, workforce development, primary healthcare revitalisation and improved service delivery.
He urged the association to remain steadfast in upholding professionalism and ethical standards, emphasising that stronger partnerships between government and healthcare professionals remained essential in building a healthier Enugu State.
Earlier, Ifeanyi, who made the visit with some members of his national executive and Enugu State Chapter of AMLSN, briefed the commissioner on the association’s forthcoming AMLSN Annual Public Health Lecture.
He solicited the state government’s goodwill, support and participation in the event, which would be held in Enugu.
“The annual lecture is aimed at advancing quality healthcare delivery, promoting public health awareness, and fostering stronger collaboration among healthcare professionals and government institutions,” he said.
He noted that the association remained committed to improving professional standards and supporting initiatives that would enhance healthcare outcomes for residents of Enugu State and Nigeria at large.
…Inaugurates Amufie Town Union executives
By Chinedu Sabastine
The Enugu State Government has urged Town Union President Generals (PGs) across the state to adopt inclusive leadership that promotes peace, unity and sustainable development in their communities.
The Commissioner for Chieftaincy Affairs and Rural Development, Chief Charles Egumgbe, gave the charge on Wednesday while inaugurating the newly elected 14-member executives of the Amufie Town Union in Igbo-Eze North Local Government Area.
The executive committee, led by the President-General, Engr. Kenneth Okechukwu Ogili, was presented with certificates of return at the ministry’s headquarters in Enugu.
Egumgbe urged the new leadership to ensure transparency, accountability and regular engagement with members, stressing that women and youths must be carried along in decision-making.
He advised the executives against operating exclusive caucuses, noting that town union affairs should be conducted openly through regular meetings where decisions are collectively taken.
“You must carry everybody along. Let your policies be all-inclusive and ensure that members are well informed about your activities. Matters should be tabled before the executive and decisions reached collectively,” he said.
The commissioner warned against abuse of office, particularly in matters relating to community land, stressing that anyone found working against the interest of the community could be removed under the state’s Town Union law.
“I don’t know whether you will receive remuneration because this is service to humanity. But whatever you do, don’t sell community land illegally. Land has a way of fighting for itself,” he cautioned.
Responding, the new inaugurated President-General, Ogili, pledged to lead with transparency and work closely with his executive to promote peace, unity and development in Amufie.
He said the administration would prioritise security by strengthening the neighbourhood watch and collaborating with security agencies to flush out criminals from identified flashpoints.
Ogili also promised to maintain a cordial working relationship with the traditional ruler of the community.
“The Igwe is our father. We have different constitutional roles, and there will be no conflict between us. We shall work harmoniously for the peace and progress of Amufie,” he said.
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