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Petrol price in Nigeria one of the cheapest in Africa, says FG

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The Federal Government on Monday said despite the recent increase in the price of Premium Motor Spirit to N162 per litre, the price of the commodity in Nigeria remained among the cheapest in Africa.

The Minister of Information and Culture, Lai Mohammed, said this at a press conference in Abuja.

Mohammed was joined at the briefing by the Minister of Power, Sale Mamman; and the Minister of State for Petroleum Resources, Timipre Sylva.

The minister said, “In spite of the recent increase in the price of fuel to N162 per litre, petrol prices in Nigeria remain the lowest in the West/Central African sub-regions.

“Below is a comparative analysis of petrol prices in the sub-regions (naira equivalent per litre): Nigeria -N162 per litre; Ghana -N332 per litre; Benin -N359 per litre; Togo – N300 per litre; Niger – N346 per litre; Chad -N366 per litre; Cameroon -N449 per litre; Burkina Faso -N433 per litre; Mali -N476 per litre; Liberia – N257 per litre; Sierra Leone -N281 per litre; Guinea -N363 per litre; and Senegal – N549 per litre.

Outside the sub-region, petrol sells for N211 per litre in Egypt and N168 per litre in Saudi Arabia.

“You can now see that even with the removal of subsidy, fuel price in Nigeria remains among the cheapest in Africa.”

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LG Autonomy: Supreme Court Judgment A Distraction -Governor Makinde

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“They said there is a judgment of the Supreme Court on local government autonomy. I think it is just a distraction. We must face the real issue that we have.

“The issue that we have is that we are not producing enough. We are not productive. Maybe it may be part of the problem, we want to have value for what is being shared but our problem is productivity.

“How much are those LGAs generating within their domains? Can they survive without handouts from Abuja? Handouts from Abuja, is that the way to go? Is it sustainable?” -Governor Seyi Makinde, Oyo At Audience With NUJ

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You Cannot Benefit From Country You Curse – Shettima Warns Nigerians

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Kashim Shettima has warned Nigerians against hauling curses on the country as a result of the hardship, stating that it would be impossible for abusers to benefit from a system they have abused.

He stated that there are a lot of opportunities in Nigeria and therefore urged Nigerians to count their blessings instead of putting the country down through words.

In his words, “Let us count our blessings. Let us not put our country down.

He emphasized that, “It cannot be tales of woes all the time. As bad as things are today and with all the inflation, there are sectors that are doing incredibly well. The health sector is doing very well.

The petroleum sector is doing well. The Agric sector is doing well, for those who are planting cassava.

“People buy it there on the farm. I am not saying that things are easy. The government has come with very tough reforms.

“However, you have to position yourself in the reform. If you go out and say Nigeria is a shitty country, forgive my French, you are going to get shitty results.

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President Bola Tinubu steps aside as ECOWAS Chairman as his tenure comes to an end today (Sunday).

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The 65th Ordinary Session of the Authority is holding at the Presidential Villa in Abuja where he is expected to pass on the torch to another leader.

The Military leaders of Niger, Mali, and Burkina Faso rule out returning to ECOWAS even as President Bola Tinubu leads Heads of State of the 15-member bloc in a Summit in Abuja to persuade them to return.

“Westerners consider that we belong to them and our wealth also belongs to them. They think that they are the ones who must continue to tell us what is good for our states. This era is gone forever; our resources will remain for us and our populations,”
says Burkina Faso’s leader, Capt. Ibrahim Traoré.

“”Our people have irrevocably turned their back on ECOWAS,” Niger’s General Abdourahamane Tiani says.

“The attack on one of us will be an attack on all the other members,” insists Mali’s leader, Col. Assimi Goïta.

The trio signed a confederation treaty on Saturday, underscoring their determination to chart a joint course and exit the bloc which is urging them to return to democratic rule.

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