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Nigeria Renews Commitment to ECOWAS, Pays N85bn, $54m Levy 

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Omar Touray, the  President of the ECOWAS Commission, says that Nigeria has renewed its commitment to the Commission by clearing her indebtedness spanning 19 years.

The N84 billion and $54m ECOWAS levy was paid on December 13, 2024, Touray said  during the 66th ordinary summit of ECOWAS in Abuja on Sunday.

He called the payment “a vote of confidence” in the organisation and a demonstration of Nigeria’s leadership in West Africa.

Touray highlighted the importance of the payment, noting that it would support ECOWAS efforts in regional integration and development.

Touray said the payments mark a key moment in the relationship between Nigeria and ECOWAS.

Nigeria had struggled to meet its financial obligations to the regional body in previous years, but this move reflects a renewed commitment to the organisation.

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KWAM1 loses bid to block Awujale selection process

KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.

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The Ogun State High Court sitting in Ijebu-Ode has refused to grant popular Fuji musician Wasiu Ayinde, alias KWAM1, an interim injunction aimed at restraining Governor Dapo Abiodun and five others from proceeding with the selection and installation of the next Awujale of Ijebuland.

Ayinde, represented in court by Wahab Shittu (SAN), had on Monday, sought the injunction pending the hearing of his substantive suit challenging the selection process.

But Justice A. A. Omoniyi dismissed the application, holding that the interim injunction lacked merit and that there were no strong grounds to justify its grant.

He subsequently ordered the expedited hearing of the substantive matter, fixing 14 January 2026 for proceedings.

KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.

However, the Fusengbuwa ruling house rejected his claim, stating that he is not from the royal house.

To challenge what he perceived as injustice, Ayinde filed a suit against the Fusengbuwa ruling house, Governor Abiodun, the Chairman of Ijebu-Ode Local Government, Dare Alebiosu, and three others

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November Petrol supply rises 55% to 71.5m litres daily

The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) November Fact -Sheets indicated that the supply of Premium Motor Spirit (PMS), also known as petrol, increased to 71.5 million litres per day in November 2025 from 46 million litres per day in October. This was an increase of 55 per cent.

In the report released yesterday, the agency said that the nation’s consumption also increased by 44.5 per cent to 52.1 million litres per day in November 2025, compared to the 28.9 million litres in October,. an excess of 37.4 million litres.

It said that the volume supplied came from both the domestic and the international market.

NMDPRA noted that the imports were aimed at building inventory and further guaranteeing supply during the peak demand period.

Other reasons for the increase, according to the NMDPRA, were due to “low supply recorded in September and October 2025, below the national demand threshold; the need for boosting national stock level to meet the peak demand period of end of year festivities and twelve vessels programmed to discharge into October which spilled into November.

The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.

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Dangote fixes petrol selling price at ₦739 only at MRS stations selling nationwide

The refinery stated that the move is part of its commitment to transparency, affordability, and consumer protection in the downstream petroleum sector.

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Dangote Petroleum Refinery has introduced a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS) above the approved pump price of ₦739 per litre.

The refinery stated that the move is part of its commitment to transparency, affordability, and consumer protection in the downstream petroleum sector.

The hotline, 0800 123 5264, is now operational nationwide and enables consumers to report price violations promptly across more than 2,000 MRS filling stations.

The initiative follows Dangote Refinery’s recent rollout of nationwide PMS sales at ₦739 per litre, a step aimed at stabilising fuel prices and easing the financial burden on Nigerians, particularly during the festive season.

In a statement, the refinery urged Nigerians to take advantage of the price reduction and avoid buying fuel at inflated rates when locally refined PMS is available at the approved price.

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