Governor Sanwo-Olu Becomes New Chairman of S/West Governors Forum

Governor Babajide Sanwo-Olu of Lagos State is now the Chairman of S/West Governors replacing Late Oluwarotimi Akeredolu of Ondo State. This was decided on at the closed-door meeting of S/West Governors held in Lagos House, Ikeja on Monday with Governors Lucky Aiyedatiwa (Ondo), Dapo Abiodun (Ogun), Seyi Makinde (Oyo), Ademola Adeleke (Osun), and Biodun Oyebanji…

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Smuggled Nigerian petrol floods West African markets and sells N1,700 per litre

After a sharp increase in the price of gasoline at the pump in surrounding nations, the Federal Government on Monday expressed concern about the resumption of smuggling of the commodity. According to the report, the average cost of gasoline in Nigeria was N701/litre, while in surrounding countries, the same product cost N1,787/litre. This difference has…

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NNPC disputes charges of inflating fuel subsidies by N3.3 trillion

On Monday, the Nigerian National Petroleum Company Limited refuted claims that, when former President Muhammadu Buhari was in office, it had increased the subsidy on Premium Motor Spirit, or gasoline, by N3.3 trillion. Olufemi Soneye, the business’s spokesperson, stated in a statement that the company was not aware of any upcoming audit of its books,…

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