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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
News
Chadian security forces recover cache of arms, arrest suspects in N’Djamena
Chadian security forces recover cache of arms, arrest suspects in N’Djamena
By: Zagazola Makama
Chadian security forces on Sunday recovered a large cache of weapons and ammunition during a joint search operation in parts of the capital, N’Djamena, as part of intensified efforts to combat insecurity.
Sources Zagazola Makama that the operation was carried out in the 10th arrondissement and parts of the 2nd arrondissement of the city.

According to the sources, the joint team of internal security forces seized 28 pistols, 14 other firearms, and more than 1,000 rounds of assorted ammunition during the raid.
They also recovered military equipment and six vehicles suspected to be linked to criminal activities.
“Two gun owners were arrested during the operation and are currently in custody for further investigation,” a senior security official said.
He explained that the exercise was conducted under the supervision of top security authorities and formed part of broader measures to dismantle criminal networks and curb the proliferation of illegal arms in the capital.

The official added that the recovery of the weapons had significantly disrupted the operations of armed groups and criminal elements in the affected districts.
He reaffirmed the commitment of the Chadian security services to sustaining pressure on all groups involved in arms trafficking, banditry and other threats to public safety.
“The security forces will continue intelligence-led operations to ensure the safety of lives and property across the country,” he said.
Chadian security forces recover cache of arms, arrest suspects in N’Djamena
News
VP Shettima Arrives In Switzerland For 56th World Economic Forum
VP Shettima Arrives In Switzerland For 56th World Economic Forum
To Commission Nigerian House in Davos Tomorrow
By: Our Reporter
Vice President Kashim Shettima has arrived in the alpine town of Davos, Switzerland, to lead the Nigerian delegation at the 56th Annual Meeting of the World Economic Forum (WEF), scheduled to be held from January 19 to 23, 2026.
The Vice President arrived from Conakry, Guinea, where he represented President Bola Ahmed Tinubu at the presidential inauguration of President Mamadi Doumbouya on Saturday.

He was received on arrival by the Ministers of Foreign Affairs, Amb. Yussuf Tuggar, and Trade and Investment, Dr Jumoke Oduwole, and officials of the Nigerian mission in Switzerland.
The 2026 WEF marks a milestone in Nigeria’s global economic diplomacy with the official debut of “Nigeria House Davos.” For the first time, the Federal Government has established a dedicated sovereign pavilion on the Davos Promenade.

This facility, a product of a successful Public-Private Partnership (PPP), will serve as a permanent hub for high-level ministerial engagements, investment roundtables, and cultural diplomacy throughout the week.
Vice President Shettima will present Nigeria’s 2026 economic outlook to the world’s most influential political and business leaders, as he participates in key plenary sessions focusing on the responsible deployment of Artificial Intelligence (AI), quantum computing, and biotechnology.
Throughout the week, the Vice President will hold bilateral meetings with heads of state, top executives from multinational corporations, and leaders of international development finance institutions to deepen partnerships that align with the Renewed Hope Agenda of the administration of President Bola Ahmed Tinubu.
In an interview with journalists shortly after the VP’s arrival, Minister of Industry, Trade and Investment, Dr Jumoke Oduwole said Nigeria would makena robust presentation of investment opportunities in the country at the launch of the Nigeria House in Davos which will focus on President Tinubu’s efforts in revamping the economy.

According to the Minister, “we will be showcasing four playbooks on President Tinubu’s efforts in re-engineering the Nigerian economy. We will present our solid minerals sector, climate sustainability agriculture, creative and digital sectors to investors from all over the world.”
VP Shettima Arrives In Switzerland For 56th World Economic Forum
News
CDN Backs Federal Government’s U.S. Lobby Contract, Calls It Strategic Security Move
CDN Backs Federal Government’s U.S. Lobby Contract, Calls It Strategic Security Move
By: Michael Mike
The Coalition in Defence of Nigeria (CDN) has publicly supported the Federal Government’s decision to engage a United States-based lobbying firm over allegations of Christian genocide in Nigeria, describing the move as a strategic step toward strengthening the nation’s security and international relations.
In a statement released on Sunday in Abuja, the coalition insisted that the engagement of the lobby firm is not merely a public relations exercise but a deliberate investment in Nigeria’s long-term stability and global credibility.
The National Publicity Secretary of CDN, Mallam Isa Shehu, said Nigeria is currently grappling with serious security challenges such as terrorism, insurgency, banditry, kidnapping, and organized crime. He noted that these threats extend beyond Nigeria’s borders and are often connected to international networks involved in arms trafficking, extremist financing, and cybercrime.
Shehu argued that hiring a reputable U.S. lobbying firm would help Nigeria build stronger partnerships with foreign governments, particularly in areas of intelligence sharing, counter-terrorism collaboration, and technical support for security agencies.
He further explained that the move would ensure that Nigeria’s security concerns receive greater attention in Washington and other global decision-making centres, reinforcing the government’s commitment to protecting lives and restoring peace across the country.
The coalition stressed that tackling insecurity requires collective effort, not just government action. It called on civil society groups, business leaders, political actors, and ordinary citizens to play their roles in promoting national unity and security.
While acknowledging that the lobby contract alone cannot solve Nigeria’s security problems, the CDN maintained that it is a valuable diplomatic tool that could strengthen the country’s position on the global stage.
The group urged Nigerians to support the Federal Government’s decision, saying the issue is not political but essential for national survival and development.
The CDN concluded by reaffirming its full backing for the initiative and calling for nationwide solidarity in the fight against insecurity.
CDN Backs Federal Government’s U.S. Lobby Contract, Calls It Strategic Security Move
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