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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
Nigerian Workers Abandoned in CAR Get Succour at Nigerian Embassy
…Reps Committee Begins Probe of Incident
By: Michael Mike
The stranded Nigerians in Central Africa Republic CAR have finally arrived at the Nigerian Embassy in Bangui.
It will be recalled that through a viral video, some Nigerian miners called for help, which elicited immediate intervention from officials of the Nigerian Embassy and CAR security who accompanied them from their location to the capital.
The journey to Bangui took a number of days with the Nigerians, alleged victims of a Chinese National and a Nigerian agent who hired them for work in that country and abandoned them there without paying their renumeration for 11 months,
A statement on Wednesday by the spokesman of the Nigerians in Diaspora Commission (NIDCOM), Abdur-Rahman Balogun said obviously traumatised, weak and distressed, they (the stranded Nigerians) had called for help to be rescued.
He said: “They are now in the safe hands of officials of the Nigerian Embassy who will arrange their return back home.”
He added that: “They expressed gratitude to President Bola Ahmed Tinubu , the Ministers of Foreign Affairs and staff of both countries , the Nigerian Embassy, the CAR Security agencies and Nigerians who shared their stories.
“The agent who lured them into the job scam, is currently based in Nigeria and has been identified and is expected to be prosecuted .”
Meanwhile, the House of Representatives Committee on China-Nigeria Parliamentary Relations has launched a thorough investigation into a viral video depicting some Nigerians in the Central African Republic (CAR) alleging abandonment and passport seizure by a Nigerian businessman, purportedly linked to a Chinese company.
A statement released to the press and signed by the committee’s Chairman, Hon. Jaafaru Yakubu, assured that a thorough investigation will be conducted to uncover the truth behind the allegations.
The statement read: The Committee regrets the unfortunate situation the Nigerian workers are being subjected to in CAR and assures that a comprehensive investigation is currently ongoing to unravel the circumstances that led to their ordeal.”
The Committee clarified that Abdulrauf Ademola, the businessman accused in the video, has refuted the allegations of passport seizure, unpaid salaries, and abandonment. It further stressed that Ademola is not affiliated with the Chinese Embassy or the China General Chamber of Commerce.
It added that: “His (Ademola’s) actions or inactions should not be linked to the embassy or Chinese enterprises doing their legitimate businesses in Nigeria.”
The committee stated that China-Nigeria relations have flourished over time, yielding significant results across key sectors, including trade, investment, infrastructure, technology, human capital development, and people-to-people partnerships.
It urged the media and the public to report on China-Nigeria relations in a fair, balanced, and truthful manner, reflecting the mutual solidarity between the two nations.
End
Odumegwu-Ojukwu in Ghana to Douse Ongoing Tension
…Insists Nigeria Remains Committed to Better Nigeria-Ghana Relations
By: Michael Mike
Nigeria has finally began the move to douse the ongoing tension with Ghana over the growing agitation by Ghanaians that Nigerians should leave their country, as the Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu
reaffirmed Nigeria’s commitment to maintaining robust relations with Ghana during a visit.
The Minister also said the relationship would not stop at government level but extend to citizen-to-citizen level.
Odumegwu-Ojukwu made this known on Wednesday during her ongoing two-day visit to the West African country.
According to a statement by the spokesman to the Minister of State for Foreign Affairs, Dr. Magnus Eze, his principal is in Ghana to address the situation of Nigeria-Ghana citizens’ relations and meet with relevant stakeholders at both ends including the President of Ghana, the country’s Foreign Minister, traditional rulers and Nigerians resident in the country, to ensure that the life, property and businesses of Nigeria and Nigerians living in Ghana are safe and protected.
Eze said: “As part of the engagements for the minister, a few minutes after touching down at Kotoka Accra International Airport, Ghana on Tuesday evening, she had a quick interface with the Inspector General of Police Ghana, Christian Tetteh Yohuno, who was on his way to London, United Kingdom.”
He disclosed that Odumegwu-Ojukwu continued similar engagements on Wednesday with Ghanian officials and leaders of the Nigeria community.
She is expected back to Abuja on Thursday.
Odumegwu-Ojukwu in Ghana to Douse Ongoing Tension
Tinubu Appoints Adeyemi as New CG, Federal Fire Service
By: Michael Mike
President Bola Tinubu has approved the appointment of DCG Olumode Samuel Adeyemi as the new substantive Controller-General of the Federal Fire Service (FFS) with effect from 14th August, 2025.
The appointment was announced in a statement by the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB), signed by its secretary, Abdulmalik Jibrin.
The statement read: “This appointment follows the imminent retirement of the current Controller-General, Engr. Abdulganiyu Jaji Olola, on 1th August, 2025, upon attaining the age of sixty.
“DCG Olumode Samuel Adeyemi brings a wealth of experience to his new role, having transferred his service from the FCT Fire Service to the Federal Fire Service and grown to the rank of Deputy Controller-General of Fire in the Human Resource Directorate of the Service Headquarters.
“In the course of his career, the Officer has attended and passed all mandatory In-Service trainings, command course as well as other courses within and outside the country.
“He has served in various capacities and is equally a member/fellow of the following professional associations including Association of National Accountants of Nigeria (ANAN), Institute of Corporate Administration of Nigeria, Institute of Public Administration of Nigeria and Chartered Institute of Treasury Management of Nigeria.
“The Board extends its appreciation to the retiring Controller-General, Engr. Abdulganiyu Jaji Olola for his remarkable contributions to the development of the Federal Fire Service while also acknowledging his dedication and commitment to the service, and the numerous initiatives he spearheaded during his period of service.”
Tinubu Appoints Adeyemi as New CG, Federal Fire Service
Nigerian Workers Abandoned in CAR Get Succour at Nigerian Embassy
NDLEA, Education Ministry Agree on Drug Education in School Curriculum, Test for Varsity Students, Others
Odumegwu-Ojukwu in Ghana to Douse Ongoing Tension
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