News
Price war continues as marketers slashes petrol by N100
This has compelled other stations to lower their petrol prices by about N100 per litre, an amount that is far below their cost of purchase, indicating the severity of the price war in the downstream oil sector.
Last week, the Dangote refinery shocked depot owners and marketers when it slashed the gantry price of petrol by N129, from N828 to N699 per litre. During a recent press briefing, the President of the Dangote Group, Aliko Dangote, said he had information that some marketers planned to keep pump prices high despite the reduction in the gantry price.
Consequently, Dangote vowed to enforce the new price regime, with MRS selling petrol at N739 from last Tuesday. “I was told that the marketers have met with (some officials) and were told to make sure that the price is maintained high. But this price we are going to introduce, we are going to start with MRS stations, most likely on Tuesday (last week) in Lagos; that N970 per litre, you won’t see it again. We have also asked members of IPMAN to come now. We have asked anybody who can buy 10 trucks to come and buy 10 trucks at N699.
“Invesitigations revealed that when some MRS filling stations in Lagos dropped the price of petrol on Tuesday, it triggered long queues of vehicles seeking to buy the commodity at the outlets. It was observed that the MRS filling station in Alapere, Lagos, recorded a large turnout of buyers, many of whom boycotted other outlets selling petrol above N800 per litre.
As a result on Sunday, filling stations had started reducing prices in order to remain competitive in the market. From over N900 last week, many retail outlets now sell petrol below N800 per litre as motorists patronise those with lower prices.
While buyers thronged MRS and other stations with cheaper fuel, outlets selling at higher prices struggled to attract customers.
“The good thing is that there is always an MRS in almost every neighbourhood you turn to, and this has given buyers the opportunity to shun other stations to buy the cheaper Dangote petrol from MRS. This is a major concern for all traders nationwide,” a major oil marketer familiar with the development, who spoke to our correspondent in confidence in order not to be victimised, stated on Sunday.
As of Sunday, many filling stations had effected changes in their pump prices.
For instance, SGR filling station in Ogun sold petrol at N750 per litre, while Petrocam in Mowe sold the fuel at N785 per litre. The stations struggled to compete with the N739 price offered by MRS opposite the RCCG Camp Ground. Before now, their prices were close to N900.
Heyden, known to be a partner of Dangote, had yet to lower its price, selling petrol at N875 per liter, while AP sold the product at N800 per litre. It was observed that Mobil filling stations along the Lagos-Ibadan Expressway sold petrol at N780; Akiavic, N799; Habeeb, N850; Eternal, N880; and Asharami, N890 per litre.
The fuel prices represent a significant reduction of about N100 or more compared to their previous price levels before Dangote dropped the price. However, The PUNCH reports that the reduction comes at heavy losses to both Dangote and the marketers competing with him.
Dealers suffer losses
Amid the intense competition, the Nigerian National Petroleum Company Limited also reduced petrol prices from N875 to between N825 and N840, depending on the location. The state-owned company is one of the biggest importers of petrol in November, according to a report by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
In the NMDPRA fact sheet, the NNPC, said to be the supplier of last resort, imported petrol in November to build inventory and further guarantee supply during the peak demand period.
However, at a landing cost of about N828 per litre, according to the Major Energies Marketers Association of Nigeria, importers like the NNPC would find it difficult to compete with Dangote’s N699 per litre ex-depot price and N739 per litre pump price, thereby selling the product below the landing cost.
Recall that the NNPC used to be the sole importer of petrol due to subsidies. As the Dangote refinery began petrol production a year ago, the sector was fully deregulated, and the queues that used to build up at NNPC stations because of price differentials vanished.
It was gathered that many NNPC stations in Lagos now struggle for customers who opt for lower petrol prices.
Meanwhile, as marketers said they were losing billions of naira, Dangote replied that he was also losing money. Findings show that petrol importers are on the verge of losing as much as N102.48bn monthly following the Dangote refinery’s reduction in gantry price.
At the same time, the refinery is projected to lose about N91bn in a month as a direct consequence of the price cut, underscoring the intensity of the competition currently reshaping Nigeria’s downstream oil market.
The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, earlier said, “Marketers will lose over N80bn on this reduction. We will lose more than N80bn. And now that this reduction is there, you will see that the pump price will start dropping gradually from N900 towards N750 per litre,” he said, adding that consumers would naturally flock to stations selling cheaper fuel.
Source: PUNCH
News
Three Dead as Warri-Itakpe Train Derails in Delta, NRC Confirms
The Nigerian Railway Corporation (NRC) has confirmed the death of three persons following the derailment of the Warri-Itakpe train in Agbor, Delta State.
The corporation disclosed that four coaches left the rail track during the incident, which occurred on Monday, June 8, 2026.
In a statement, the Managing Director of the NRC, Dr. Kayode Opeifa, said emergency response teams and other relevant authorities were immediately mobilised to the scene to manage the situation and provide assistance to affected passengers.
“The Nigerian Railway Corporation (NRC) has confirmed a serious train accident involving the Warri-Itakpe Train Service (WITS) corridor at Agbor, Delta State,” the statement said.
According to Opeifa, rescue and emergency response operations were activated immediately after the accident, and all passengers on board have since been accounted for.
“Sadly, three fatalities have been confirmed at this time,” he stated.
He added that relevant authorities are continuing to assess the full circumstances surrounding the incident, while support is being provided to injured and affected passengers.
“Our thoughts and prayers are with the victims, their families, and loved ones during this difficult time,” Opeifa said.
The NRC urged members of the public to rely only on verified information and official updates from the corporation as investigations into the cause of the derailment continue.
News
Newlywed Woman Disappears After Discovering Husband Had Two Children
A newly married Nigerian woman who was recently declared missing by her family in Abuja has reportedly left her matrimonial home after discovering that her husband allegedly had two children with different women.
The woman, from Mbabum Community in Ukum Local Government Area of Benue State, had been the subject of a public appeal by her family, who sought assistance in locating her after she allegedly left her husband’s residence in Abuja.
According to a statement attributed to a family representative, Hon. Goshi Peter, the woman married Goshi Bem in March 2026 but left her matrimonial home about two weeks ago and had not returned.
However, in an update shared on Saturday, June 6, 2026, a Facebook user, Tyom Alexander, claimed she had spoken with the woman by phone.
According to Alexander, the woman said she left her husband’s home after discovering that he had two children from different women, information she alleged was not disclosed to her before their marriage.
“I have been able to speak with this woman through the phone number provided by the whistleblower,” Alexander wrote.
“She said her husband didn’t tell her that he had children before their marriage. She only discovered this after they relocated to Abuja.
“The first child is five years old, while the second child is two years old, both from different mothers.”
Alexander further claimed that the woman stated she was safe and still in Abuja, and reportedly warned her husband not to bother searching for her.
“According to her, the man should not bother looking for her as she is doing fine in Abuja,” Alexander added.
“If this is true, then the man has disappointed me. I wait to hear the man’s side of the story.”
As of the time of filing this report, the husband’s response to the allegations had not been made public.
News
Consultant Laments Fate Of 200,000 kms Of Nigerian Roads
By Okey Maduforo Awka
The fate of Nigerian roads especially the highways appears to be under threat of this year’s rainy season following fears by professionals that the over 200,000 kilometers of roads may collapse by the end of the year .
Deepening this apprehension is the lack of maintenance of those roads which have yearly carried loafs above it’s capacity occasioned by heavy duty trucks and tankers .
Expressing these fears , Consultant Engineer to the Federal government Patience Aningo noted that if urgent steps are not taken this year’s rainy season would spell doom for motorists and other road users across the country.
“Without consistent enforcement of axle load limits, and steady maintenance of our federal highways there strong indications that the country is at the risk of loosing over 200,000 kilometers of roads ”
“Roads require precision from proper compaction to correct layer thickness”
“By then, what could have been addressed with minor engineering challenges would become a huge cost of maintenance”
“The frustrations lies a deeper issue and the persistent failure of roads that should last far longer is compromised by laxity on the part of the authorities concerned”
“The outcomes are sometimes undermined by weak supervision, inconsistent material quality, and cost”
She observed that poor drainage system has also been the bane of the Federal roads in the country.
“Nigeria has one of the largest road networks in Africa estimated at over 200,000 kilometers yet a
One major factor is inadequate drainage”
“Roads are not just paved surfaces; they are engineered drainage
systems, sealing cracks, and timely patching remains underutilized, despite its proven
underlying soil, and accelerates structural deterioration”
“In a country with intense seasonal rainfall, neglecting drainage is one
of the fastest ways to shorten a road’s lifespan.’
“Regulations must be enforced consistently to protect infrastructure investments”
“Similarly, the Abuja–Kaduna Highway remains a critical but vulnerable route, where
pavement distress and operational challenges continue to highlight the strain placed on key compromise
during construction directly reduces durability and increases long-term costs”
“Drainage must be treated as a core design element, not an afterthought which affects Axle load against
what they were originally designed for”
“Heavy-duty trucks often overloaded introduce stresses that affect the roads ”
“Many Nigerian roads now carry traffic volumes and axle loads far beyond routes in the country
and despite ongoing reconstruction efforts, sections have deteriorated quickly ”
“When water is not properly managed, it penetrates the pavement layers, weakens the
This pattern is evident on major corridors such as the Lagos–Ibadan Expressway, one of the busiest in the country “she stated.
News
Enugu Govt Dismisses Viral UNN Attack Alert, Moves to Track Perpetrators
Enugu Govt Dismisses Viral UNN Attack Alert, Moves to Track Perpetrator
The Enugu State Government has dismissed as false and misleading a viral social media post alleging an imminent terrorist attack on the University of Nigeria, Nsukka (UNN), assuring students, staff, and residents that there is no credible security threat to the institution.
The government described the post as the handiwork of criminal elements seeking to create panic, fear, and confusion within the university community and across the state.
In a statement issued on Monday, the Commissioner for Information and Communication, Malachy Agbo, said the government had taken note of the viral message warning of a possible attack by individuals described as terrorists and jihadists.
According to him, investigations indicate that the alarm is false and part of a deliberate attempt by criminal elements and their collaborators to undermine public confidence in the state’s security efforts.
Agbo recalled that similar false alerts had been circulated in the past concerning locations such as Holy Ghost, Obollo Afor, Opi, Nsukka, Gariki, Awgu, and other parts of the state. He noted that those behind previous misinformation campaigns often operated anonymously and recycled old videos to create the impression of ongoing attacks.
He added that many of the perpetrators of the earlier false alarms were eventually identified and apprehended by security agencies.
The commissioner disclosed that the state government is already working closely with security agencies to track down those responsible for the latest viral post and ensure they face the consequences of their actions.
Reaffirming the administration’s commitment to public safety, Agbo said the government had continued to invest heavily in modern security infrastructure and technology to strengthen security operations across the state.
He stressed that the protection of lives and property remains a top priority of the administration of Peter Mbah, noting that recent investments have significantly improved the capacity and responsiveness of security agencies operating in the state.
The government therefore urged members of the UNN community, residents of Nsukka, and the general public to remain calm and continue their lawful activities without fear, assuring them that adequate measures are in place to guarantee their safety.
It further reiterated its resolve to sustain efforts aimed at maintaining peace and security across Enugu State while taking decisive action against individuals who spread false information capable of causing public panic.
News
METHODIST CHURCH HONOURS MONDAY DIAMOND ANI WITH “APOSTLE OF FAITH” AWARD
The Methodist Church Nigeria has honoured the General Manager of the Enugu State Community and Social Development Agency (CSDA), Hon. Monday Diamond Ani, with the prestigious “Apostle of Faith Award” in recognition of his outstanding humanitarian services and contributions to community development.
The award was presented by the Methodist Diocese of Akegbe, Aninri and Awgu Archdiocese (AAA) under the leadership of Rt. Rev. C. Orji, the Methodist Bishop of AAA Diocese, Enugu.
According to the Church, the honour was bestowed on Hon. Ani in acknowledgment of his selfless commitment to community development, social welfare, and humanitarian service over the years. The Church noted that his contributions have transcended political considerations and have positively impacted countless lives across communities.
His consistent humanitarian interventions have earned him the popular title “Odoziobodo”, meaning “one who builds and restores communities.”
Hon. Ani is widely regarded as a passionate advocate for community service, driven by a desire to improve living standards and promote love, unity, and a sense of
belonging among the people. His dedication reflects Christ’s teaching on the greatest commandment—love for God and love for one’s neighbour—placing service to humanity at the centre of purposeful living.
Due to his unavoidable absence, the award was received on his behalf and later presented to him at his office by Dr. Okechukwu Animba, Vice President (South-East) of the Senior Staff Association of Nigerian Universities (SSANU).
Responding to the honour, Hon. Ani expressed profound gratitude to Rt. Rev. C. Orji and the entire Methodist Diocese for recognising his humanitarian efforts. He prayed for God’s continued grace and strength to serve humanity and touch more lives through his work.
He also appreciated his principal, the Executive Governor of Enugu State, Dr. Peter Mbah, for appointing him to lead the CSDA, an agency charged with driving community interventions and sustainable development across the state.
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