Author: Adejuyigbe Adegoke

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit (PMS), commonly known as petrol, reinforcing ongoing volatility in Nigeria’s deregulated fuel market. The refinery raised its ex-depot price by ₦75, moving from ₦1,200 to ₦1,275 per litre. In addition, coastal supply prices have been adjusted upward to ₦1,215 per litre, reflecting broader pricing changes across distribution channels. This adjustment represents roughly a 3–5% increase, depending on pricing benchmarks used, and continues a pattern of incremental price reviews in response to market realities. Link to Global Oil Market Trends The latest increase is closely tied…

The debate over the viability of Nigeria’s state-owned refineries has resurfaced following renewed comments by former President Olusegun Obasanjo, who insists the facilities “will never work again.” His remarks, delivered during an interview on Sony Irabor Live, come at a time when the Nigerian National Petroleum Company Limited (NNPC), is actively seeking technical partners to manage the Port Harcourt, Warri, and Kaduna refineries. Obasanjo’s position reflects not just personal opinion but a long-standing critique of state-led oil infrastructure—one rooted in history, policy reversals, and institutional weaknesses. Background: Nigeria’s Troubled Refining Sector Nigeria owns four major refineries: Port Harcourt (two units)…

On April 23, 2026, representatives from the Democratic Republic of the Congo (DRC), and the Rwanda convened in Washington, DC for the fifth session of the Joint Oversight Committee (JOC). This meeting forms part of the institutional framework established to monitor and guide the implementation of the Peace Agreement signed on June 27, 2025. The Committee meeting brought together key international stakeholders, including the United States of America, the Qatar, the Togo acting as the African Union mediator, and the African Union Commission. The meeting aimed to assess progress, address challenges, and reinforce commitments toward peace and stability in the…

The United States government has announced a significant escalation in its efforts to combat the illicit fentanyl crisis by targeting a complex transnational criminal network. According to a press statement delivered by Thomas “Tommy” Pigotton April 23, 2026, the strategy centers on disrupting the global supply chain that enables fentanyl production and distribution. This initiative reflects a broader national security approach that treats the fentanyl epidemic not only as a public health emergency but also as a transnational criminal and terrorist threat. Background: The Fentanyl Crisis Fentanyl is a synthetic opioid significantly more potent than heroin and morphine. Its widespread…

A landmark judgment by the Federal High Court in Abuja has reinforced consumer protection in Nigeria’s banking sector, affirming that financial institutions are subject to oversight by the Federal Competition and Consumer Protection Commission (FCCPC). In a decisive ruling, Justice James Omotosho dismissed a suit filed by United Bank for Africa (UBA), Plc, which had challenged the FCCPC’s jurisdiction over banks. The court described the case as “frivolous and unmeritorious,” imposing a ₦2 million fine on UBA. Background of the Case The suit, marked FHC/ABJ/CS/1972/2025, sought judicial clarification on whether the FCCPC could exercise authority over a commercial bank licensed…

The Ondo State Government has officially commenced its 2026 promotion exercise for more than 3,000 public servants, reinforcing its commitment to workforce development and administrative efficiency. The exercise was formally flagged off in Akure by the Head of Service, Bayo Philip, marking another milestone in the state’s consistent civil service reform efforts. Background and Context According to Bayo Philip, the affected workers have completed the mandatory three-year waiting period required for promotion within the public service. These officers have been screened and deemed qualified, leading to their invitation for promotion interviews. The exercise reflects a pattern of regular promotion cycles…

The Transmission Company of Nigeria (TCN), has invoked force majeure on the Ikeja West–Osogbo 330kV transmission line after a powerful rainstorm toppled a key transmission tower, raising fresh worries about the vulnerability of Nigeria’s electricity infrastructure. The incident occurred on Thursday, April 16, 2026, when extreme weather conditions disrupted one of the most strategic electricity corridors serving South-West Nigeria. The development was confirmed in a statement issued on Sunday by TCN’s General Manager of Public Affairs, Ndidi Mbah. What Happened According to TCN, the transmission line tripped during the storm after a fault was detected approximately 14.9 kilometres from the…

The Centre for Information Technology and Development (CITAD), has issued a strong condemnation of a recent directive from the National Broadcasting Commission (NBC), to broadcasters across Nigeria. The directive, which seeks to tighten enforcement of the Nigerian Broadcasting Code, has triggered significant concern among civil society organisations, journalists, and digital rights advocates over its potential impact on press freedom, civic space, and democratic accountability. CITAD described the directive as part of a broader and troubling trend of shrinking media independence in Nigeria, warning that it could deepen restrictions on free expression at a critical political moment ahead of the next…

The White House has confirmed that U.S. Vice President, JD Vance, will lead an American delegation to Pakistan for renewed diplomatic talks with Iran. This announcement came on April 19, 2026, amid ongoing tensions in the Middle East and conflicting earlier remarks by President Donald Trump suggesting Vance might not attend. The delegation is expected to include senior figures such as special envoy, Steve Witkoff, and presidential adviser, Jared Kushner, signaling the high importance Washington places on the negotiations. Context: The 2026 Iran War and Ceasefire Efforts The talks are part of broader diplomatic efforts to resolve the ongoing 2026…

The Independent National Electoral Commission (INEC), has announced an adjustment to the campaign period for the upcoming Osun State governorship election. This development follows a revision of the election timetable and reflects the commission’s commitment to aligning electoral activities with statutory requirements. Official Announcement and Key Figures The adjustment was formally communicated in a statement issued by Mohammed Kudu Haruna, National Commissioner and Chairman of INEC’s Information and Voter Education Committee. According to the statement: “The Independent National Electoral Commission (INEC), issued the Revised Timetable and Schedule of Activities for the 2027 General Election and adjusted the Osun State Governorship…

This report clarifies the position of the Federal Competition and Consumer Protection Commission (FCCPC), concerning recent claims about the alleged ban on airtime borrowing and data advance services in Nigeria. It also outlines the regulatory framework introduced to address consumer protection concerns within the digital lending and telecom value-added services sector. Background of the Issue Recent newspaper publications and viral social media posts have suggested that the FCCPC banned or shut down airtime borrowing and data advance services in Nigeria. These claims have caused confusion among consumers and stakeholders. However, the FCCPC has officially refuted these assertions, stating that: No…

The National Universities Commission (NUC), has introduced sweeping reforms governing the award and use of honourary degrees in Nigeria. Central to these reforms is a directive prohibiting recipients of honourary doctorates from using the title “Dr.” as a prefix to their names. This policy marks a significant intervention aimed at restoring academic integrity, curbing abuse, and strengthening the global reputation of Nigeria’s university system. Background: Honourary Degrees and Misuse Honourary degrees—commonly awarded as Doctor of Science (Honoris Causa), or similar distinctions—are symbolic recognitions given to individuals for outstanding contributions to society, leadership, or professional excellence. However, in clime, the widespread…