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Fuel price: CUPP Accuses FG of being unfair to Nigerians

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The Coalition of United Political Parties on Wednesday faulted the hike in the price of fuel describing it as crazy and driving inflation to the rooftops.

The CUPP in a statement by its co-Spokesperson, Mark Adebayo, in Abuja, frowned at the sudden increase barely a month after the fuel price was hiked over 300 per cent.

He said, “It has come to the attention of the CUPP the sudden and surreptitious increase yet again in the pump prices of petrol by NNPCL which has immediately started having negative domino effects on all other commodities and services in the country and further drowning most Nigerians into excruciating poverty and unprecedented economic woes.

“This subsidy removal scheme is increasingly looking like a scam to cage Nigerians inside a preprogrammed regime of socioeconomic slavery dictated by leadership insensitivity. This is not about opposition Parties. The opposition actually felt that the President had something better to offer Nigerians after the subsidy removal but what we are witnessing now is a double negative impact on Nigerians in every way imaginable.

“The way NNPCL is behaving now suggests that there is a hidden agenda of crazy and unending fuel price hikes that will be driving inflation to the rooftops and making life increasingly unbearable for Nigerians generally.”

The CUPP spokesperson slammed the government for abandoning the citizens to unpredictable market forces without a policy on palliatives.

He said, “No purposeful government would recklessly abandon its citizens to the unpredictable and inhumane market forces that are essentially atrocious and callous in nature without a robust intervention to protect the citizens. Such a policy is not only antisocial but also outrageously iniquitous.

“Nigerians have shown enough understanding on the subsidy removal, this administration should not push them to the wall and thereby instigate unmanageable mass crises that could further jeopardize the life of the common man.

“President Bola Ahmed Tinubu must immediately show himself as a compassionate leader by ensuring that the NNPCL is not hijacked by the same forces that stole the fuel subsidy monies leading to its removal and finding a backdoor to continue claiming the subsidy by other means and making Nigerians bear the brunt of their economic terrorism.

“We demand the immediate removal of the NNPCL GMD, Mele Kyari, to allow for a breath of fresh air in the organization and for his tenure to be forensically investigated and all discovered infractions comprehensively prosecuted before the NNPCL is turned into the terrorist arm of the economic cabal

“The government must immediately do something to reverse the recent fuel price hikes and stop any future plans to clandestinely increase the pump prices with the predictable value of increasing the sufferings of Nigerians. When will Nigerians be free from the wickedness of their governments?”

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JUST IN: President Tinubu set to return to Nigeria after Saint Lucia, Brazil trip

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President Bola Tinubu is expected to return to Nigeria on Saturday (today) two weeks after his two-nation visit to Saint Lucia and Brazil.

The President’s spokesman, Bayo Onanuga announced this in a post on his official X handle.

Recall that Tinubu departed Abuja for Saint Lucia and Brazil on Saturday, June 28, 2025.

The President paid a state visit to Saint Lucia as part of efforts to deepen Nigeria’s engagement with Caribbean nations and strengthen South-South cooperation.

Tinubu on July 4th departed Saint Lucia for Brazil where he attend the 2025 BRICS Summit, held July 6-7, 2025.

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CBN And Bank of Industry Partner With CEAN To Stabilise Nigeria’s Creative Sector Post-COVID

For more than a decade, CEAN has played a vital role in connecting Nigeria’s informal creative workforce to structured policy, funding, and formal economic opportunities.

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September 12, 2022, Lagos, Nigeria

In a bold and strategic move to rescue Nigeria’s creative industries from the lingering economic shocks of the COVID-19 pandemic, the Central Bank of Nigeria (CBN) and the Bank of Industry (BOI) partnered with the Creative Entrepreneurs Association of Nigeria (CEAN) to design and implement a nationwide intervention targeting vulnerable creative businesses.

The collaboration, launched in mid-2022, marks a milestone in the recognition of Nigeria’s creative economy as a critical pillar of national development—and affirms CEAN’s position as a trusted stakeholder in industry policy and infrastructure development.

Responding to a Sector in Crisis

The partnership was galvanized by CEAN’s early post-pandemic white paper, “Creating Through Crisis: The Future of Nigerian Creativity Post-COVID.

It presented compelling data and policy recommendations that influenced federal strategy.

While other sectors received initial support under the government’s economic recovery plans, it was CEAN’s persistent advocacy and detailed sector mapping that brought national attention to the creative industries’ urgent needs.

CEAN’s nationwide rollout had seen the training of over 2,000 creative entrepreneurs, advisory support to more than 500 micro-businesses, and the establishment of regional Creative Recovery Hubs in Lagos, Abuja, and Enugu.

“From day one of the pandemic, we understood that Nigeria’s cultural workforce—millions strong—was at risk of collapse,” said Adebowale Ewedemi, CEAN founding executive and veteran media entrepreneur.

“We didn’t just lobby for change; we brought the tools, the structure, and the roadmap,” said Ewedemi.

From Blueprint to Implementation

The result was a landmark intervention program backed by BOI and regulated by CBN, with CEAN serving as the official implementation partner.

The program delivers targeted support to struggling sub-sectors including independent film, performance art, fashion, radio, music, design, and digital content production.

Highlights of the program include:

• Access to low-interest working capital for creative entrepreneurs

• Training grants and accelerator programs for skill development

• Support for studio and performance infrastructure

• Technical assistance for digital transformation and business retooling.

CEAN’s nationwide rollout had seen the training of over 2,000 creative entrepreneurs, advisory support to more than 500 micro-businesses, and the establishment of regional Creative Recovery Hubs in Lagos, Abuja, and Enugu.

Sustained Leadership in Nigeria’s Creative Economy

This intervention is only the latest in CEAN’s long record of national impact. During the peak of the COVID-19 lockdowns, the association served as a frontline support system—offering emergency relief, transitioning training programs online, and shaping portions of the Federal Government’s Survival Fund.

For more than a decade, CEAN has played a vital role in connecting Nigeria’s informal creative workforce to structured policy, funding, and formal economic opportunities.

Through this work, the association—under Ewedemi’s leadership—has consistently introduced original models, innovative frameworks, and institutional partnerships that define sustainable creative sector governance in Africa.

Architects of a New Creative Economy

This partnership with CBN and BOI reflects a broader understanding that Nigeria’s future is tied to the creative ingenuity of its people—and that long-term development requires strategic institutions with deep insight, trust, and capacity.

“We’re proud to move beyond advocacy into implementation. This is not a moment—it’s a movement. We are helping to reshape the creative industry into a nationally recognized economic force, ”said Ewedemi.

As the creative sector continues to recover and rebuild, CEAN remains committed to ensuring that no artist, content creator, or cultural innovator is left behind.

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President Tinubu congratulates Governor Okpebholo on Supreme Court Victory

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Nigeria’s President, Bola Ahmed Tinubu has congratulated Governor Monday Okpebholo of Edo State on the affirmation of his election by the Supreme Court.

The Edo State governorship election took place in September 2024, and Governor Okpebholo was declared the winner by the Independent National Electoral Commission (INEC).

The Supreme Court, as the final arbiter, upheld the election of the governor today.

According to the press statement signed by Bayo Onanuga, Special Adviser to the President (Information & Strategy), President Tinubu encourages Governor Okpebholo to be magnanimous in victory and rally the citizens of Edo across divides towards a singular vision of advancing the state’s development.

The President advises that now that the governor has cleared the legal hurdles, it is time for him to accelerate the delivery of exceptional services and good governance to the people of Edo State, which he has already begun to do.

President Tinubu also congratulates the leadership and members of the All Progressives Congress (APC) in Edo State and calls for cohesion and dedication in effectively discharging the mandate given by the people.

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