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JUST IN: Petrol: Marketers Lamenting as Nigerians Shun Buying Above N1000/Litre

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With the price of a litre of petrol now above ₦1,000 in most filling stations across Nigeria, petrol marketers have lamented low patronage at their retail outlets nationwide.

They said marketers are now cutting workers and shifts because of high pricing and low returns on investment.

The National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, was in an interview on Monday with a spokesman for the Independent Petroleum Marketers Association of Nigeria (IPMAN),Ukadike Chinedu.

Gillis-Harry said, “Marketers, retail outlet owners, all of us in the industry are finding it difficult to cope with the current situation, we used to buy 45,000 litres of fuel a couple of months ago for less than 8.5 million naira but today, we have to cough out about 49 million naira to buy the product.

“Financial institutions are not coming to our rescue. The cost of money is so high, it is so difficult to even sell, what we get to our retail outlets is not quickly bought because Nigerians also have the challenge with their buying power.”

On his part, IPMAN spokesman Ukadike Chinedu said filling stations nationwide have become ghost places as middle-class Nigerians have abandoned their vehicles and embraced public transportation.

“Most of the money we use in investing is bank money. It’s being borrowed and the interest rate is also high. There is no return on investment because the more we sell, the more we make profits,” Chinedu said.

“Now the volume of trade in the filling stations is very low because of the characteristics of the buyers who have now dropped some of their luxury vehicles with V8 and are now using alternative transportation.

“If you check some of the filling stations these days, you will find out that there is skeletal or ghost buying, two, or three cars will just come in and buy. We are no longer talking about scarcity, we are now talking about price differentials.

”The two unions urged President Bola Tinubu to provide ₦100bn as a seed fund for oil marketers to stay afloat, just like the aviation and agricultural sectors.

Nigerians are grappling with the weight of unprecedented food inflation, and energy prices which have quadrupled in the last year under the Tinubu administration.

Specifically, the price per litre of petrol jumped from less than ₦200 to over ₦1,000. Many people have blamed the twin policies of petrol subsidy removal and unification of forex rates for the high living costs that have assailed the middle class.

Citizens have staged two major protests to drive home their grievances against the Tinubu administration and pressured the All Progressives Congress (APC) government to reverse its “reforms” but the current administration has insisted that its policies are necessary and won’t be reversed.

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Akwa Ibom APC Adopts Governor Umo Eno for Second Term Bid

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The All Progressives Congress (APC) in Akwa Ibom State has thrown its weight behind Governor Umo Eno as its candidate for the 2027 governorship election, paving the way for his second-term ambition under the ruling party.

Governor Eno, who defected from the Peoples Democratic Party (PDP) to the APC in 2025, formally submitted his nomination and expression of interest forms for the APC governorship primaries in early May 2026. He described the second term as necessary to complete ongoing projects and consolidate the gains of his ARISE Agenda.

Speaking after submitting the forms in Abuja, Governor Eno called on APC members to support his nomination during the primaries, expressing confidence that his administration’s developmental strides would earn him the party’s backing and the people’s mandate.

“I have just submitted the nomination form. We call on members of APC to support our nomination during the primaries, as we will continue to pray and trust God for more development to thrive in the state,” he said.

Several APC stakeholders and local government chapters in the state have already endorsed Governor Eno’s second-term bid, describing it as a move for continuity and project completion. The governor has repeatedly highlighted numerous ongoing infrastructure and developmental initiatives that require additional time to deliver maximum impact.

The development marks a significant political realignment in Akwa Ibom, as Eno positions the state under the APC platform ahead of the 2027 elections.

Party sources indicate that the APC leadership is working towards a smooth process for the governor’s emergence as the party’s flag bearer, though the formal primaries are yet to be held.

Governor Eno was first elected in 2023 under the PDP before switching to the APC.

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Lagos Captures 6.4 Million Residents in Major Digital Identity Drive

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The Lagos State Government has successfully registered over 6.4 million residents into its digital identity database, marking a significant milestone in its efforts to enhance governance, planning, and public service delivery.

The achievement was announced under the Lagos State Residents Registration Agency (LASRRA) and the Lagos Identity Card Project (LAG ID). According to officials, the initiative aims to create a comprehensive, reliable database of residents to improve targeted service delivery, urban planning, and overall governance efficiency.

Commissioner for Science, Technology and Innovation, Mr. Olatunbosun Alake, who provided the update, described the Lagos Identity Card Project as a critical tool for the state’s digital transformation agenda. He emphasized that the captured data will support better resource allocation and more effective delivery of government services.

The exercise forms part of Lagos State’s broader push toward a digital economy, enabling smoother access to services such as healthcare, social welfare, transportation, and other citizen-centric programmes. Officials noted that the database will help in accurate planning for infrastructure and social interventions.

With Lagos being Nigeria’s most populous state, estimated to have over 20 million residents, the registration of 6.4 million people represents a substantial step forward, though authorities say efforts are ongoing to capture more residents.

The state government has reiterated its commitment to data-driven governance and urged residents yet to register to take advantage of the ongoing exercise for better inclusion in government services.

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EFCC Invasion Forces Uni. Uyo Teaching Hospital to Suspend Operations (Video)

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Operations at the University of Uyo Teaching Hospital (UUTH) were dramatically disrupted on Wednesday after operatives of the Economic and Financial Crimes Commission (EFCC) allegedly invaded the facility, detained some management staff, and assaulted others, prompting the hospital to suspend services.

The Chief Medical Director of UUTH, Dr. Emem Bassey, told journalists that the unannounced raid created a hostile environment, forcing the hospital management to halt clinical services to ensure the safety of both staff and patients. The Accident and Emergency Unit, however, remains operational.

Dr. Bassey expressed disappointment over the incident, noting that the hospital had maintained cordial relations with the EFCC and was fully cooperating on the matter under investigation. He revealed that the requested report had already been prepared and was awaiting his signature when the operatives arrived.

“The use of force and detention of staff was unnecessary,” Dr. Bassey said. “Dialogue would have resolved this issue peacefully.”

Professor Eyo Ekpe, Deputy Chairman of the Medical Advisory Council, who was reportedly among those assaulted, described the EFCC’s action as an “unprovoked invasion.” He claimed he had shown the team leader the completed report before the situation escalated into violence.

The hospital management has called for an independent investigation into the incident and urged the EFCC to use proper channels when engaging with public institutions.

In an earlier statement, the EFCC said its operatives were attacked and trapped inside the hospital while conducting an operation linked to an ongoing fraud investigation. The case reportedly involves a suspect accused of defrauding multiple microfinance banks in Akwa Ibom State.

The development has raised concerns about the impact on healthcare delivery in the region, with patients and staff caught in the middle of the confrontation between the anti-graft agency and the hospital.

As of Thursday, normal services at the hospital remained suspended pending further resolution.

Watch Video below:

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