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ActionAid Nigeria Demands Immediate Action on Fuel Price Increases, Calls for Economic Reform
ActionAid Nigeria Demands Immediate Action on Fuel Price Increases, Calls for Economic Reform
By: Michael Mike
ActionAid Nigeria has condemned the latest hike in pump price of petroleum products, demanding immediate action from the government on economic reform
The Non Governmental Organisation said increasing the minimum wage from N30,000 to N70,000 was never enough to bring economic succour
ActionAid, in a statement on Wednesday signed by its Country Director, Andrew Mamedu asked that: “The Federal Government must prioritise the welfare of Nigerian Citizens over revenue generation and provide a comprehensive plan to protect vulnerable citizens and support small businesses within 48 hours. This plan must include measures to mitigate the impact of high fuel prices on the poor and vulnerable.”
Mamedu lamented that: “Since President Bola Ahmed Tinubu assumed office in May 2023, the removal of fuel subsidies has led to a harsh economic reality for many Nigerians. Despite efforts to recover, the Federal Government’s decision to allow fuel prices to surge again has worsened the situation, leading to a ripple effect on the economy.
“In May 2023, just before President Tinubu’s inauguration, petrol prices were already high at N185 per litre, causing widespread discontent among Nigerians due to the accompanying high cost of goods. However, on his first day in office, fuel prices skyrocketed to N500 per litre, leading to a sharp surge in the prices of essential commodities.
“Since then, fuel prices have continued to rise steadily. By August 2023, it reached N626.70 and continued to fluctuate, surmounting N668.3 in January 2024 and N770.54 in July 2024. As of September 2024, it has increased again to a staggering N897 per litre, which greatly worsens the situation for many Nigerians.”
He noted that: “Clearly, Nigeria’s fuel pricing is heavily influenced by the dollar-to-naira exchange rate due to the country’s reliance on imported fuel, which is denominated in US dollars (USD). Consequently, a depreciation of the naira against the dollar leads to higher fuel import costs, resulting in increased prices at the pump as well.
“This direct correlation between exchange rates and fuel prices makes Nigeria’s fuel pricing vulnerable to exchange rate fluctuations. Any changes in the dollar-to-naira rate will have a ripple effect on fuel import costs, ultimately impacting the prices consumers pay at the pump, and highlighting the need for a more stable exchange rate to mitigate the volatility in fuel pricing.”
He added that: “It is one thing to fix an impending problem of inflation in the economy, and it is another thing to provide temporary solutions to keep the mouths of Nigerians shut. Although the minimum wage has increased from N30,000 to N70,000, it fails to address the root causes of inflation and does little to alleviate the suffering of Nigerians, who continue to bear the brunt of skyrocketing commodity prices, particularly fuel costs. We need a comprehensive and sustainable solution, not just a quick fix to silence the masses.”
On the latest increase, Mamedu said: “ActionAid Nigeria strongly condemns this development, which will push millions of Nigerians deeper into poverty. We demand transparency in fuel pricing, including a clear breakdown of costs and revenues associated with fuel imports, refining, and distribution. The Federal Government must provide a detailed explanation of the fuel pricing mechanism to ensure accountability and trust.
“To address the root causes of this crisis, we also demand the establishment of an independent committee to monitor fuel pricing and ensure transparency. This committee must include representatives from civil society, the private sector, and government agencies. Additionally, the Federal Government must invest in Nigerian refineries and provide targeted support to vulnerable citizens and small businesses affected by fuel price increases.”
He said: “Concurrently, the Federal Government must implement a comprehensive economic reform plan as soon as possible, including measures to diversify the economy, increase foreign exchange earnings, and stabilize the naira. This plan should include specific targets and timelines for reducing inflation, improving foreign investment, and promoting local production. We demand transparency and regular progress updates to ensure accountability and build trust with the citizens.”
Mamedu warned that: “ActionAid Nigeria will hold the government accountable for their actions and demand a better future for all Nigerians. We will take all necessary actions to ensure that the government is held accountable to Nigerian citizens.”
ActionAid Nigeria Demands Immediate Action on Fuel Price Increases, Calls for Economic Reform
Troops receive rescued kidnap victims, arrest suspected gunrunner in Cross River
By: Zagazola Makama
Troops of 82 Division/Joint Task Force South-East, Operation UDO KA (OPUK), have received eight rescued kidnap victims from the Cameroonian Armed Forces and arrested a suspected gunrunner in Cross River State, the Nigerian Army has said.
Sources told Zagazola Makama development is contained in a security update on activities in the Area of Responsibility (AOR) of the formation as at Jan. 20.
According to the sources troops of 13 Brigade, deployed on patrol along the Ikang waterways, received the eight victims at about 6:16 p.m. on Jan. 18 at the Pastors Fishing Port general area.
The sources said the victims, who were travelling from Nigeria to Cameroon, were kidnapped by suspected sea pirates along the Cameroon waterways but were later rescued by the Cameroonian Armed Forces after a gun battle with the criminals.
“The rescued victims were conveyed to the troops’ Forward Operating Base (FOB), where they were debriefed and subsequently released,” the sourcss said.
In a related development, troops of 13 Brigade, based on credible intelligence, arrested a suspected gunrunner at Abi Local Government Area of Cross River State at about 8:00 a.m. on Jan. 20.
The suspect, identified as Mr Ojo Friday, was apprehended with a total of 245 ammunition cartridges.
The army said the suspect is from Ochon in Obubra Local Government Area of Cross River State but resides at Abomege in Ebonyi State.
“The suspect and recovered items are currently in custody for preliminary investigation,” the sources added.
The military high command reaffirmed its commitment to sustaining operations to curb criminal activities and ensure the safety of lives and property across the region.
Troops receive rescued kidnap victims, arrest suspected gunrunner in Cross River
Bandits kill two, abduct one in Niger community
By: Zagazola Makama
Armed bandits have killed two persons and abducted another in Kachiwe community, Munya Local Government Area of Niger State, the police have said.
Sources said the attack occurred at about 3:30 a.m. on Jan. 20.
According to eye witnesses, the bandits invaded Kachiwe community in large numbers, shot and killed Ango Abdulkarim, 25, and Abdulkarim Isah, 54, and abducted one Meyaku Ibrahim, 28.
All the victims are Fulani by tribe and residents of Kachiwe community.
“On receipt of the information at about 9:30 a.m., Army troops supported by Police and vigilantes, were swiftly deployed to the scene,” the sources said.
The sources added that by the time the teams arrived, the bandits had fled.
“However, the two corpses were recovered and, on the request of their relatives, handed over for burial,” the sources said.
The security sources said efforts were ongoing through intelligence gathering and monitoring to arrest the perpetrators and rescue the abducted victim.
Bandits kill two, abduct one in Niger community
NDLEA Arrests 77,792 Suspects, Secures 14,225 Convictions in Five Years
By: Michael Mike
The National Drug Law Enforcement Agency (NDLEA) on Tuesday said it has arrested 77,792 suspected drug offenders and secured 14,225 convictions over the past five years, as part of its intensified campaign against illicit drug trafficking in Nigeria.
The Chairman and Chief Executive Officer of the agency, Brig. Gen. Buba Marwa (Rtd), disclosed this in Abuja during the 11th Chairman/Chief Executive Officer (CCEO) Awards and Commendation Ceremony held at the NDLEA national headquarters.
Marwa also revealed that the agency seized more than 14.8 million kilogrammes of illicit substances within the said period, describing the achievement as a major blow to both local and international drug cartels operating in the country.
According to him, 128 major drug barons were among those arrested, noting that their capture had significantly weakened criminal trafficking networks.
He stated that beyond enforcement, the NDLEA had also prioritised rehabilitation and prevention, with over 32,000 drug users receiving professional treatment and counselling. Additionally, the agency conducted more than 13,700 sensitisation programmes under its War Against Drug Abuse (WADA) campaign across schools, markets, workplaces, religious centres, and communities nationwide.
Marwa praised President Bola Tinubu for renewing his mandate, describing it as a strong endorsement of the agency’s work.
He pledged to escalate the fight against drug trafficking during his second tenure, with more intelligence-driven and tactical operations
He said: “We will not rest until every drug baron is behind bars and every illicit substance is removed from our streets.”
At the ceremony, 166 NDLEA officers and 17 state commands were honoured for exceptional performance, bravery, and commitment to duty.
Marwa commended the judiciary, security agencies, international partners, civil society groups, and the media for their support in the fight against drug abuse and trafficking in Nigeria.
The NDLEA boss urged officers to remain diligent, disciplined, and proactive, stressing that the agency would continue to strengthen its operations to protect Nigerian youths from the dangers of illicit drugs.
NDLEA Arrests 77,792 Suspects, Secures 14,225 Convictions in Five Years
Troops receive rescued kidnap victims, arrest suspected gunrunner in Cross River
Bandits kill two, abduct one in Niger community
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