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El-Rufai, marketers subsidy payment claims wrong – FG, NNPC
The Federal Government through its Ministry of Petroleum Resources and the Nigerian National Petroleum Company Limited have stated that the various claims by different individuals and groups on the alleged return of subsidy on Premium Motor Spirit, popularly called petrol, were wrong.
The government also challenged those who make this argument to provide evidence to justify their allegations, stressing that since President Bola Tinubu had declared the end of subsidy on petrol, the situation remains so.
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, stressed that fuel subsidy was a sensitive issue, but noted that the government had made its position known on the matter.
When contacted for the reaction of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, on the matter, his media aide, Nneamaka Okafor, provided a video clip where her boss reacted to the claims of the former Kaduna governor and marketers.
In the clip, Lokpobiri insisted that petrol subsidy had ceased to exist, and urged those who alleged that the government was still subsidising the commodity to provide evidence and facts.
The minister said, “I don’t want to delve into that issue. It is a very sensitive issue. It is better we get all the facts. As far as I’m concerned, the President removed the subsidy and it remains removed till today. Anybody who is saying that subsidy is being paid, it is left for the person to bring the facts and then we will talk about them.”
Asked whether the price being paid for petrol currently is determined by market forces, the minister replied, “It may not be determined by market forces but let us deal with the price as it is today.
“Every government has a duty to do certain things, not only in the petroleum sector but in several other sectors, to be able to cushion the effect and burden on Nigerians.”
The NNPC also said it was recovering its full cost on the petroleum products that it imports into Nigeria, and insisted that there was nothing like petrol subsidy any more. NNPC is the sole importer of petrol into Nigeria currently.
Their comments came as oil marketers backed the claim by the immediate past Governor of Kaduna State, Nasir El-Rufai, that the Federal Government had resumed the payment of subsidy on Premium Motor Spirit also called petrol.
Oil dealers also pointed out that the current cost of PMS at filling stations should be around N900/litre if there were no subsidy on the commodity.
This price, according to them, is because of the recent appreciation of the naira against the United States dollar.
The pump price of petrol is currently between N600 and N700/litre depending on the area of purchase.
El-Rufai had told journalists in Maiduguri on Monday that many citizens were not aware that the government had reintroduced the PMS subsidy.
“The Federal Government is now subsidising fuel; many people don’t know this. It is the right policy. I have always supported the withdrawal of oil subsidies; but in the course of implementing the policy, the government realised that subsidy has to be back; right now, the government is paying a lot of money for subsidy, even more than before.
“You start implementing a policy because you are sure it is the right policy, but in the course of implementation, you come across bottlenecks, and you modify.
“The keyword in leadership, in my view, is pragmatism. You should be pragmatic. So when you make a policy, you start implementing it, and it doesn’t seem to work well. You should have the humility to stand back and say this is not working, and you modify it,” the former governor stated.
Marketers back El-Rufai
Reacting to this on Wednesday, oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, stated that what the former governor said was not far from the truth.
They argued that the subsidy on petrol kept rising as the exchange rate of the United States dollar increased, stressing that the government spent more on the PMS subsidy at the time the dollar exchanged for about N1,500.
The marketers, however, noted that since the local currency started appreciating against the dollar, the subsidy on PMS had been on the decline.
This, according to them, is because the dollar remains the major component that influences the cost of petrol, as Nigeria imports the commodity through NNPC Ltd.
The Public Relations Officer, IPMAN, Chief Ukadike Chinedu, told our correspondent that petrol prices at the pumps should be around N900/litre.
“I’ve said before that the PMS subsidy had been returned, and the government said it was a lie. I said before that the government is subsidising PMS and it is on till this moment. I said before that what the government was doing was quasi-subsidy and that has not changed,” Ukadike stated.
When asked what would have been the landing cost of petrol at the depots and tank farms if there was no subsidy on the commodity, he replied, “Going by the steady appreciation of the naira against the dollar lately, the amount being spent as subsidy on petrol should be on the decline.
“Since the dollar is currently around N1,000, then PMS landing cost should be around N800/litre, while the cost at the pumps should be nearing N900/litre.”
No subsidy, NNPC insists
But the Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, insisted that the national oil firm had stopped subsidising petrol.
News
Tinubu returns to Abuja from Ankara State Visit
President Bola Ahmed Tinubu has returned to Abuja after concluding a successful state visit to Türkiye, where he held high-level talks with President Recep Tayyip Erdoğan and signed multiple bilateral agreements.
The President arrived in Abuja on Saturday evening, January 31, 2026, around 8:30–8:55 p.m. local time, following his departure from Türkiye.
Tinubu departed Abuja on Monday, January 26, 2026, for the state visit to Ankara, Türkiye’s capital.
The trip focused on strengthening Nigeria-Türkiye relations in areas including trade, defense, security, energy, education, media, and technical cooperation.
Key highlights included the signing of nine Memoranda of Understanding (MOUs), aimed at boosting economic ties, defense collaboration (including potential training for Nigerian Special Forces), and a targeted increase in bilateral trade volume. Both leaders described the engagements as ushering in a “new era” of strategic partnership.
The visit drew public attention, including an incident during the official welcome ceremony in Ankara where President Tinubu briefly stumbled but continued without issue, with aides confirming he was in good health.
Upon his return, focus now shifts to implementing the signed agreements, including the activation of joint committees on trade and other sectors.
The Presidency has emphasized the visit’s role in advancing Nigeria’s diplomatic and economic interests on the global stage.
Watch video below:
News
Ladoke Akintola: The Thunder of History – Nation Remembers 60 Years After Assassination
Exactly sixty years after his tragic assassination during Nigeria’s first military coup, the legacy of Chief Samuel Ladoke Akintola former Premier of the Western Region and the 13th Aare Ona Kakanfo of Yorubaland continues to resonate as “the thunder of history,” a powerful symbol of courage, pragmatism, and unyielding leadership.
On January 15, 2026, marking the 60th remembrance of Akintola’s death on January 15, 1966, tributes poured in from across Nigeria, with events held in Ibadan and Ogbomosho emphasizing his enduring impact on the nation’s political evolution.
Chief Akintola, born on July 6, 1910, in Ogbomosho, was a multifaceted figure: lawyer, journalist, orator, nationalist, Baptist lay preacher, and conservative Yoruba leader who rose from humble beginnings to become one of the founding fathers of modern Nigeria.
Akintola served as Premier of the Western Region from October 1960 until his assassination in the January 15, 1966 coup that ended the First Republic. His tenure was marked by intense political rivalries, particularly his fallout with Chief Obafemi Awolowo over ideological differences Akintola’s pragmatic, business-oriented approach clashed with Awolowo’s democratic socialism.
The crisis led to a state of emergency in the region, Akintola’s brief removal and restoration to power, and the formation of the Nigerian National Democratic Party (NNDP) in alliance with the Northern People’s Congress.
Despite controversies surrounding the 1965 elections, which many historians cite as a catalyst for the coup, supporters portray Akintola as a realist who prioritized regional development, infrastructure, and confronting realities head-on rather than ideological purity.
“He believed that leadership must confront reality as it is, not as it ought to be,” noted commentators during the remembrance.
The Samuel Ladoke Akintola Memorial Foundation organized commemorative activities, providing a platform to honor his contributions and re-examine his role in Nigeria’s political history.
Prominent voices, including former Information Minister Sunday Dare, described the gathering in Ibadan as one of gratitude rather than mourning: “Chief Samuel Ladoke Akintola did not live too long but he lived well and looms large. He did not die in silence he entered eternity in the thunder of history.
“Born into a family of traders and warriors, Akintola’s early life included education in Minna and Ogbomosho, teaching at Baptist institutions, and further studies in public administration and law in England. He returned to Nigeria in 1950, serving in various federal roles before becoming deputy leader of the Action Group and eventually Premier.
His assassination at age 55 in Ibadan remains a pivotal moment in Nigerian history, symbolizing the fragility of the young republic. Today, as Nigeria grapples with contemporary leadership challenges, reflections on Akintola’s life highlight lessons in pragmatism, sacrifice, and the burdens of power.
Stakeholders continue to call for the preservation of his legacy, including calls to restore his once-grand residence, now in disrepair, as a historical site.
Sixty years on, Chief Samuel Ladoke Akintola remains a towering, if complex, figure whose thunder still echoes through Nigeria’s political landscape.
News
Benue Governor Alia begins massive road reconstruction in Gboko and environs
Engineer Tivfa Wombo, Director of Civil Engineering in the Ministry of Works, detailed the extensive works during the event, highlighting the strategic importance of these roads in connecting critical areas within Gboko township and beyond.
Benue State Governor, Rev. Fr. Hyacinth Alia, has officially flagged off the ambitious reconstruction and dualization of 55.09 kilometres of major road networks in Gboko and its surrounding areas, in a move aimed at transforming infrastructure and boosting economic activities in the state.
The groundbreaking ceremony, held at Lubona Junction in Gboko Local Government Area on Tuesday, January 27, 2026, marks a significant step in the administration’s commitment to quality road infrastructure.
The project, valued at N62.135 billion according to the Benue State Ministry of Works, is targeted for completion within five months.
Governor Alia, while performing the flag-off, emphasized his administration’s focus on deliberate development, stating that the initiative will ease traffic congestion, enhance urban mobility, stimulate commerce, create employment opportunities, and improve the overall quality of life for residents of Gboko and environs.
The scope of the project includes the reconstruction and dualization of several key roads, such as:
– Yandev Roundabout to Lubona Junction
– Captain Dawns Road
– Tor Tiv Roundabout to Lessel Road- J.S. Tarka to Mkar Roundabout (as a dual carriageway)
– Tor Tiv Roundabout (Gondo Aluor) to Mkar and Ameladu Road- NKST Anzua Link Road
– Bristow Roundabout to Tor Tiv Palace (Akaahar Adi) Road
Engineer Tivfa Wombo, Director of Civil Engineering in the Ministry of Works, detailed the extensive works during the event, highlighting the strategic importance of these roads in connecting critical areas within Gboko township and beyond.
The governor expressed gratitude to President Bola Ahmed Tinubu for his support, underscoring the collaborative efforts between the state and federal government in driving infrastructure development. Benue State APC Chairman, Chief Titus Zam, also commended the governor for the project, describing it as part of a broader agenda to open up the state through quality infrastructure.
This Gboko road network initiative is noted as the second-longest single road project in the state, following ongoing works on a 57-kilometre network in the Benue South Senatorial District, including the Awajir–Oju road.
Stakeholders and residents have welcomed the development as a timely intervention to address long-standing road challenges in one of Benue’s major commercial hubs, with expectations high for timely delivery and lasting impact on local economies and daily commuting.
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