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JUST IN: IPMAN Says Subsidy Removal Will Make Nigeria Great Again

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the deregulation of the oil sector and subsidy removal is the only way to make Nigeria great again.

According to IPMAN National Public Relations Officer, Yakubu Suleiman, “IPMAN’s position is that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is supporting or has supported the deregulation of the industry,” .

He said, “Removing subsidy is the only answer to make Nigeria great because there is no country that can survive without deregulating the economy.”

He commended President Bola Tinubu for removing subsidy removal in his inaugural speech.

“We really applaud Mr President for having the courage to announce the removal of subsidy,” he stated.

Suleiman said Tinubu was only informing Nigerians that there is no more subsidy, noting that the administration of former President Muhammadu Buhari has announced subsidy removal by not making provision for it beyond June 2023 in the budget for this year.

He maintained that though discussions with stakeholders are important, the way to go is subsidy removal.

The IPMAN spokesman urged Nigerians not to engage in panic buying as Premium Motor Spirit also known as petrol is sufficiently available in the country at the moment.

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BREAKING: KWAM1 goes to court to challenge Awujale selection process

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• King Wasiu Ayinde Marshall

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Alleged N2.2bn fraud: Ngige gets bail, trials continue on January 28

The EFCC alleges that Ngige used his ministerial position between 2015 and 2023 to award contracts unfairly, divert funds, and enrich himself and associates.

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‎Former Minister of Labour and Employment, Chris Ngige, has been granted bail by the High Court of the Federal Capital Territory in Gwarimpa.

He faces eight counts of charges bordering on abuse of office, contract fraud, and acceptance of kickbacks from contractors linked to the Nigeria Social Insurance Trust Fund.‎

‎In Thursday’s ruling, Justice Maryam Hassan adopted the terms of the administrative bail earlier granted by the EFCC.

The court ordered Ngige to produce a surety who must be a serving Federal Government director.

The surety is required to deposit travel documents with the court registrar, as Ngige claims his passport was lost.‎‎

The surety must also present landed property with a valid certificate of occupancy within the Federal Capital Territory.‎‎

The EFCC alleges that Ngige used his ministerial position between 2015 and 2023 to award contracts unfairly, divert funds, and enrich himself and associates.

The trial is scheduled to commence on January 28, 2026.‎‎

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BREAKING: Senate Confirms Former INEC Chairman Mahmood Yakubu, Reno Omokri, Femi Fani-Kayode, and Others as Ambassadors

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#The Nigerian Senate has confirmed a list of high-profile non-career ambassadorial nominees submitted by President Bola Tinubu, including former Independent National Electoral Commission (INEC) Chairman Prof. Mahmood Yakubu, social media influencer and former presidential aide Reno Omokri, and ex-Minister of Aviation Chief Femi Fani-Kayode (FFK).

The confirmations followed screenings by the Senate Committee on Foreign Affairs, which cleared the nominees amid some procedural debates but ultimately recommended their approval.

Other prominent figures confirmed include former Minister of Interior Abdulrahman Dambazau, ex-governors Ifeanyi Ugwuanyi (Enugu) and Okezie Ikpeazu (Abia), and several former senators and political allies.

The approvals form part of a broader diplomatic restructuring by the Tinubu administration, with the nominees expected to be deployed to key missions abroad to strengthen Nigeria’s international relations.

Sources indicate that the list, which includes a mix of career and non-career diplomats totaling around 68, addresses long-standing vacancies in Nigeria’s foreign missions.

The nominations had sparked public debate earlier, with critics questioning the inclusion of politically controversial figures, while supporters highlighted their experience in public service and loyalty to national interests.

The confirmed ambassadors-designate will receive their specific postings after formal letters of credence from the president.

This development marks a significant step in revitalizing Nigeria’s diplomatic presence globally.

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