News
JUST IN: Vice President, Shettima Speaks On Fuel Scarcity
The Vice President of Nigeria, Kashim Shettima has resumed work at the Vice Presidential wing of the State House in Abuja.
Kashim Shettima, who was a former two tenure governor of Borno State was sworn in on Monday, May 29, as Nigeria’s number citizen, replacing Professor Yemi Osibanjo.
Speaking to journalists in his office, the Vice President restated the commitment of himself and his principal, Bola Tinubu, towards bettering the lives of the Nigerian people.
When asked about the current fuel scarcity following the president’s inauguration fuel subsidy elimination proclamation, Shettima reiterates the president’s statement promising better years ahead for Nigeria.
His statement reads:
“There are better years ahead,” the VP was quoted to have said.
Meanwhile, in a knee-jerk reaction to the confirmation of fuel subsidies removal by President Bola Ahmed Tinubu’s administration, marketers and operators have increased petrol pump price to N210 to N500 per liter.
In his inaugural speech on Monday, the President said since the immediate past President, Muhammadu Buhari, did not budget for fuel subsidies in the second half of the year, the payment is gone for good.
Following Tinubu’s pronouncement, long queues at petrol stations emerged across the country on Monday evening.
On Tuesday morning, fare that has hovered between N150 and N200 from Egbeda to Ikeja in Lagos sky rocked to N700.
In Lagos, the sharp increase in fuel pump price is almost 100 per cent as Lagosians purchase the product for N370/per litre from 180/per litre.
In Warri Delta state, the pump price had jumped to N500/per litre. In other parts of Niger state, fuel pump prices had increased to 210 -300/per litre.
These price changes happened less than six hours after Tinubu’s announcement during his inaugural speech at Eagle Square, Abuja.
News
Akran of Badagry is dead, aged 89
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
Photo: Akran of Badagry, De Wheno Aholu Menu-Toyi
The traditional ruler of the Badagry local government area in Lagos State, the Akran of Badagry, De Wheno Aholu Menu-Toyi, is dead, aged 89.
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
According to the palace, the Akran was pronounced dead by medical experts, after a brief illness, and the traditional rites for his burial have gradually commenced.
Residents of Badagry, who are currently mourning the loss of their revered monarch, described his death as a heavy blow, noting that the town has lost not just a king but a father figure whose wisdom, counsel and presence brought reassurance in moments of uncertainty.
News
Osun sues UBA, officials to court over illegal LG accounts
They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories…
• Map of Osun State
The Osun State Government has instituted a criminal case against United Bank for Africa Plc (UBA) and four of its top officials over alleged illegal opening of local government accounts.
Tribune newspaper reported that the Chief Magistrate Court, sitting in Osogbo, Osun State, has fixed January 30 for the hearing of the case, marked Charge No: MOS/601c/2025.
The defendants in the suit are: the UBA Plc, its Group Managing Director, Mr Oliver Alawuba, the Company Secretary and Group Legal Adviser, Mr Billy Odum and the Deputy Managing Director, Mr Chukwuma Nweke.
In the charge sheet, the government filed the 31-count charge against the bank and its officials, with each count relating to alleged infractions involving opening of bank accounts for the state’s 30 local government councils.
In count one, the prosecution alleged that the defendants, on or about December 9, 2025, and on subsequent days, at UBA’S Osun State branch office located in the Olonkoro area of Osogbo, conspired to commit a felony by opening, operating and maintaining what it described as illegal Osun State Local Government Council accounts.
The alleged offence, the charge stated, occurred within the Osogbo Magisterial District and is said to be contrary to and punishable under Section 516 of the Criminal Code, Cap 34, Volume 2, Laws of Osun State of Nigeria, 2002.
They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories” after the Local Government Service Commission had introduced to the defendants, Directors of Administration and General Services and Directors of Finance of all the local governments as signatories to the councils’ statutory accounts “and thereby committed an offence contrary to Sections 2 and 3 (1) and (2), and punishable under Section 5(1) and (2) of Osun State Local Government Accounts Administration Law, 2025.”
News
Umahi: We’re not tolling Third Mainland Bridge
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
• Third Mainland Bridge
The Minister of Works Senator Dave Umahi has confirmed that the Federal Government has no plan to toll the rehabilitated Third Mainland Bridge in Lagos.
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
He said : “We will not engage construction on this bridge because it will entail static load on the bridge.
“It is also within the town, so it will introduce many bottlenecks; that is why we are not tolling this bridge,” he said.
Umahi said that security would be handled by the police, noting that the 11-kilometre bridge would have a five-minute response time.
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