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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
APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership
APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership
By: Michael Mike
The All Progressives Congress (APC) in Oyo State has hailed the nomination of Chief Joseph Olasunkanmi Tegbe as Nigeria’s Minister of Power, describing it as a timely move amid the country’s persistent electricity challenges.
In a statement issued in Ibadan, the party’s state leadership said Tegbe’s selection reflects both merit and the urgent need for competent leadership in the nation’s power sector.
The statement, jointly signed by State Chairman Chief Moses Adeyemo Alake and State Secretary Hon. Fatai Adesina, expressed strong confidence in Tegbe’s ability to drive meaningful reforms, citing his extensive professional background and policy experience.
Tegbe, an engineer and seasoned policy strategist, brings over three decades of experience spanning engineering, consulting, and public sector advisory.
He previously served as Director-General of the Nigeria–China Strategic Partnership, where he coordinated bilateral development initiatives and investment engagements between both countries.
He also chaired the National Tax Policy Implementation Committee, playing a key role in advancing Nigeria’s fiscal reform agenda and strengthening revenue frameworks.
Before transitioning fully into public service, Tegbe built a distinguished career at KPMG, rising to become Senior Partner and Head of Advisory Services in Africa. In that role, he led major engagements on governance reforms, economic policy, institutional transformation, and investment strategy across both public and private sectors.
Earlier in his career, he worked with Shell Petroleum Development Company, gaining experience in corporate operations and resource management.
Academically, Tegbe holds a first-class degree in Civil Engineering from Obafemi Awolowo University and has attended executive programmes at globally renowned institutions including Harvard and INSEAD, further reinforcing his technical and leadership credentials.
The APC noted that this blend of technical expertise and policy leadership positions him to tackle longstanding challenges in power generation, transmission, and distribution.
“The APC in Oyo State is confident that Chief Tegbe will bring innovation, efficiency, and sustainable solutions to Nigeria’s power sector. His history of performance and commitment to service positions him to make meaningful contributions to national development,” the statement read.
The party emphasized that Nigeria is at a critical stage where strategic direction is essential to unlock sustainable energy solutions, noting that Tegbe’s leadership could help reposition the sector for improved performance.
It added that the APC in Oyo would offer its full support while maintaining constructive engagement with the minister-designate and other stakeholders to ensure progress.
The statement also acknowledged Tegbe’s longstanding contributions to the growth of the party in the state, expressing optimism that his new role would further deepen his commitment to national development.
The APC wished him a successful tenure, expressing hope that his leadership would mark a significant shift toward stable and reliable electricity supply across the country.
APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership
News
Nigeria Convenes African Leaders on Climate-Conflict Nexus, Pushes Peace-Centred Adaptation Strategy
Nigeria Convenes African Leaders on Climate-Conflict Nexus, Pushes Peace-Centred Adaptation Strategy
By: Michael Mike
Nigeria has brought together policymakers, climate experts, and peacebuilding practitioners from across Africa in a high-level regional forum aimed at tackling the growing link between climate change and insecurity on the continent.
Declaring the forum open in Abuja, Permanent Secretary of the Federal Ministry of Environment, Salihu Aminu Usman, warned that the accelerating pace of climate change is already triggering severe global consequences, stressing the need for urgent and coordinated action.
“Climate change impacts are on the rise daily, with unprecedented and extreme weather conditions being experienced all around the world. Urgent solutions are required before it gets out of hand,” he said.
Usman noted that Nigeria remains committed to global climate obligations under frameworks such as the United Nations Framework Convention on Climate Change, the Kyoto Protocol, and the Paris Agreement. He added that the country has pledged to cut greenhouse gas emissions by up to 47 percent with international support.
He revealed that Nigeria’s National Adaptation Plan (NAP), currently nearing completion, incorporates conflict-sensitive approaches, linking climate adaptation directly to peacebuilding efforts. According to him, environmental pressures are increasingly tied to security challenges such as farmer-herder clashes, banditry, and cattle rustling.
“It would be a mistake to ignore adaptation needs in these peacebuilding contexts,” Usman said, underscoring the importance of aligning climate policies with national security strategies.
In her remarks, Director of the Department of Climate Change, Iniobong Abiola-Awe, highlighted the widespread impact of climate variability on infrastructure, biodiversity, and livelihoods, warning that these disruptions are deepening existing vulnerabilities and contributing to instability.
She said Nigeria’s adaptation planning process has been inclusive and participatory, designed to address medium- and long-term climate risks while strengthening resilience across sectors.
Also speaking, Alec Crawford of the International Institute for Sustainable Development stressed that climate change is no longer a future threat but a present reality, particularly in fragile and conflict-affected regions.
“The intersection between climate risks, war, and conflict is no longer abstract,” Crawford said, adding that adaptation strategies must not only respond to environmental challenges but also actively support peacebuilding efforts.
He commended Nigeria for hosting the forum and acknowledged financial support from the Government of Ireland.
The forum has drawn participation from several African countries, including Burkina Faso, Cameroon, Central African Republic, Chad, Liberia, Mali, Somalia, and South Sudan.
Organisers say discussions will centre on integrating peacebuilding into climate adaptation planning, sharing country experiences, and strengthening collaboration among environment, security, and development stakeholders.
The forum runs through May 7, featuring technical sessions, policy dialogues, and peer learning aimed at shaping a more coordinated African response to the climate-security challenge.
Nigeria Convenes African Leaders on Climate-Conflict Nexus, Pushes Peace-Centred Adaptation Strategy
News
Nigeria, Ghana Close Ranks Against Drug Cartels, Sign Landmark Anti-Trafficking Pact
Nigeria, Ghana Close Ranks Against Drug Cartels, Sign Landmark Anti-Trafficking Pact
By: Michael Mike
Nigeria and Ghana have reinforced their joint fight against drug trafficking networks in West Africa, sending a strong warning to criminal cartels with a new wave of coordinated enforcement and intelligence-sharing efforts.
Chairman of the National Drug Law Enforcement Agency, Brig. Gen. Buba Marwa (Rtd) declared that both countries are now more aligned than ever in tackling transnational drug crimes. He spoke on Tuesday in Abuja while hosting a delegation from Ghana’s Narcotics Control Commission led by its Director-General, Brig. Gen. Maxwell Obuba Mantey.

Marwa described the visit as a strategic step beyond diplomacy, emphasizing that the growing sophistication of drug trafficking and its links to money laundering demand deeper regional collaboration.
“Let this serve as a warning to those who seek to destabilize our societies with illicit drugs: Nigeria and Ghana stand united,” he said, noting that joint efforts in intelligence-led operations and interdiction strategies would significantly shrink the operational space for criminal networks.
A major highlight of the engagement was the signing of a Memorandum of Understanding (MoU) between the two agencies. The agreement establishes a formal framework for cooperation in combating the production and trafficking of psychotropic substances, precursor chemicals, and associated financial crimes.

Marwa said the MoU transforms an already strong relationship into a “structured, aggressive, and unified front” against drug barons, adding that both countries would intensify joint training, digital forensics collaboration, and coordinated operations across the West African corridor.
On his part, Mantey acknowledged Nigeria’s leadership role in regional security, describing the relationship between both countries as one rooted in shared history and mutual respect. He stressed that the visit was aimed at strengthening existing ties rather than starting new ones.
He warned that drug trafficking across West Africa is becoming more complex, with traffickers adopting advanced methods, expanding maritime routes, and increasing the production and distribution of synthetic drugs. He also noted a shift in Ghana’s role from primarily a transit hub to a country facing rising domestic drug use and distribution challenges.
“No single country can effectively address this threat in isolation,” Mantey said, underscoring the need for practical cooperation in operations, intelligence sharing, and institutional capacity building.
He added that the success of the new partnership would depend on concrete implementation, including coordinated enforcement actions and sustained collaboration between both agencies.
The meeting, held at the NDLEA headquarters in Abuja, was attended by senior officials from both countries, including representatives of the Ghanaian High Commission.
The renewed alliance signals a broader regional push to confront organized drug networks, amid growing concerns over their impact on security, governance, and public health across West Africa.
Nigeria, Ghana Close Ranks Against Drug Cartels, Sign Landmark Anti-Trafficking Pact
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