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ActionAid Nigeria Says Relentless Fuel Price Hikes Have become A Ticking Time Bomb for Poor and Vulnerable Nigerians

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ActionAid Nigeria Says Relentless Fuel Price Hikes Have become A Ticking Time Bomb for Poor and Vulnerable Nigerians

By: Michael Mike

ActionAid Nigeria has cried that the persistent increases in fuel prices have brought Nigerians to their knees, and worsening the already dire situations of poverty and hunger in the country, raising the alarm that as Nigerians continue to eke a living with the present situation of things in the country there may be increase in kidnapping, armed robberies, and other violent crimes,

Speaking in Abuja, ActionAid Nigeria’s Country Director, Andrew Mamedu lamented that the latest series of increases has made life unbearable for struggling families, small business owners, and vulnerable communities who are barely managing to make a living.

He said: “We foresee that this economic hardship and hopelessness may likely create a fertile ground for crimes to thrive, with kidnapping, armed robberies, and other violent crimes, especially during the festive season. Transportation costs have also more than doubled, and food has become a luxury that many cannot afford. As it stands, Nigeria’s healthcare system is also affected, with recent reports indicating that at least 50% of private hospitals have been forced to shut down, while those that remain are barely surviving due to high operating costs. This has devastating consequences for Nigerians, leaving many without access to proper healthcare services. The government’s inadequacies in providing pro-poor policies have created an economic and social crisis that threatens all spheres of our society.’’

Mamedu also lamented that despite a recent drop in global crude oil prices, fuel prices in Nigeria continue to soar due to the naira’s persistent decline against the US dollar.

He also reiterated that within less than a year, the price of crude oil has reduced from $80.36 in August 2024 for a barrel to $74.05 in October 2024. However, Nigerian consumers are not benefiting from this decline due to the country’s volatile currency exchange rates

ActionAid Nigeria questions the Federal Government’s decision to refrain from purchasing petrol from Dangote Refinery, noting that: “In a free-market economy, consumers naturally gravitate toward the most affordable option. So, is Dangote Refinery’s fuel truly not cheaper? If so, why? Or are there underlying policies or regulatory factors in Nigeria that inflate the cost of this petrol, making imports more favourable?”

Mamedu further decried that Nigeria’s ranking in the 2024 Ibrahim Index of African Governance has dropped to 33rd out of 54 African countries, highlighting the corrosive impact of corruption and poor governance on the country’s development, “with alarming scores in inclusion (47%), equality (43%), and infrastructure (41%), the report underscores the urgent need for institutional reforms. The entrenched corruption and weak institutions perpetuate poverty, affecting 62.8% of Nigerians, while hindering economic growth and undermining national progress.”

He noted that: “To break this cycle, Nigeria must prioritise transparency, invest in critical infrastructure, and implement social protection policies to address disparities in healthcare, education, and economic opportunities, ultimately unlocking its potential for inclusive growth and development.”

The Country Director said: “The nation is witnessing unprecedented levels of poverty, inequality, and hardship. The slow and inadequate response of the Nigerian Labour Union and civil society is also concerning. The situation in Nigeria right now is multidimensional, and to address the worsening economic situation, ActionAid Nigeria demands that the federal government makes fuel prices affordable for Nigerians, improves transparency and accountability in the oil sector, and better manages the exchange rate to stabilize fuel costs. We cannot afford to continually endure the Federal Government’s lack of pro-poor actions. The government must take concrete steps to alleviate the suffering of Nigerians and ensure that the country’s resources benefit its citizens.”

ActionAid Nigeria is a national non-governmental, non-partisan, non-religious, civil society organisation, and an affiliate member of the ActionAid International Federation with presence in 45 countries. It works in solidarity with people living in poverty and exclusion to achieve social justice, gender equality and poverty eradication towards achieving a just, equitable and sustainable world in which every person enjoys the right to a life of dignity, freedom from poverty and all forms of oppression.

ActionAid Nigeria Says Relentless Fuel Price Hikes Have become A Ticking Time Bomb for Poor and Vulnerable Nigerians

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President Tinubu reconstitute NNPC Board, remove Kyari Mele

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President Tinubu reconstitute NNPC Board, remove Kyari Mele

By: Our Reporter

President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari.

In a statement signed by Bayo Onanuga,
Special Adviser to the President (Information & Strategy), President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023.

The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.

Adedapo Segun, who replaced Umaru Isa Ajiya as the chief financial officer last November, has been appointed to the new board by President Tinubu.

Six board members, non-executive directors, represent the country’s geopolitical zones. They are Bello Rabiu, North West, Yusuf Usman, North East, and Babs Omotowa, a former managing director of the Nigerian Liquified Natural Gas( NLNG), who represents North Central.

President Tinubu appointed Austin Avuru as a non-executive director from the South-South, David Ige as a Non-executive director from the South West, and Henry Obih as a non-executive director from the South East.

Mrs Lydia Shehu Jafiya, permanent secretary of the Federal Ministry of Finance, will represent the ministry on the new board, while Aminu Said Ahmed will represent the Ministry of Petroleum Resources.

All the appointments are effective today, April 2.

President Tinubu, invoking the powers granted under Section 59, subsection 2 of the Petroleum Industry Act, 2021, emphasised that the board’s restructuring is crucial for enhancing operational efficiency, restoring investor confidence, boosting local content, driving economic growth, and advancing gas commercialisation and diversification.

President Tinubu also handed out an immediate action plan to the new board: to conduct a strategic portfolio review of NNPC-operated and Joint Venture Assets to ensure alignment with value maximisation objectives.

Since 2023, the Tinubu administration has implemented oil sector reforms to attract investment. Last year, NNPC reported $17 billion in new investments within the sector. The administration now envisions increasing the investment to $30 billion by 2027 and $60 billion by 2030.

The Tinubu administration targets raising oil production to two million barrels daily by 2027 and three million daily by 2030. Concurrently, the government wants gas production jacked to 8 billion cubic feet daily by 2027 and 10 billion cubic feet by 2030.

Furthermore, President Tinubu expects the new board to elevate NNPC’s share of crude oil refining output to 200,000 barrels by 2027 and reach 500,000 by 2030.

The new board chairman, Ahmadu Musa Kida, is from Borno State. He is an alumnus of Ahmadu Bello University, Zaria, where he received a degree in civil engineering in 1984. He also obtained a postgraduate diploma in petroleum engineering from the Institut Francaise du Petrol (IFP) in Paris

He started his career in the oil industry at Elf Petroleum Nigeria and later joined Total Exploration and Production as a trainee engineer in 1985.

Musa became Total Nigeria’s Deputy Managing Director of Deep Water Services in 2015. Last year, he became an Independent Non-Executive Director at Pan Ocean-Newcross Group.

Apart from his oil industry career, Ahmadu Musa Kida is a former basketballer and the president of the Nigerian Basketball Federation(NBBF) board.

Ojulari, the new NNPC Limited Group CEO, hails from Kwara State. Until his new appointment, He was Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company. His Renaissance recently led a consortium of indigenous energy firms in the landmark acquisition of the entire equity holding in the Shell Petroleum Development Company of Nigeria (SPDC), worth $2.4 billion.

Like Kida, Ojulari is also an alumnus of Ahmadu Bello University, Zaria. He graduated with a degree in Mechanical Engineering. He worked for Elf Aquitaine as the first Nigerian process engineer to begin a stellar career in the oil sector. From Elf, he joined Shell Petroleum Development Company of Nigeria Ltd in 1991 as an associate production technologist.

Apart from working in Nigeria, he worked in Europe and the Middle East in different capacities as a petroleum process and production engineer, strategic planner, field developer, and asset manager. In 2015, he became the managing director of Shell Nigeria Exploration and Production Company (SNEPCO).

During his career, he was chairman and member of the board of trustees of the Society of Petroleum Engineers (SPE Nigerian Council) and a fellow of the Nigerian Society of Engineers.

President Tinubu thanked the old board members for their dedicated service to NNPC Limited, particularly their efforts in rehabilitating the old Port Harcourt and Warri refineries, which enabled them to resume petroleum product production after prolonged shutdowns. He wished them well in their future endeavours.

President Tinubu reconstitute NNPC Board, remove Kyari Mele

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Uromi Killing: NHRC Demands Protection for All Nigerians

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Uromi Killing: NHRC Demands Protection for All Nigerians

The National Human Rights Commission (NHRC) has condemned the recent gruesome killing of 16 traveling hunters in Edo State, who were mistook for kidnappers.

The Executive Secretary of the Commission Dr. Tony Ojukwu expressed deep concern over the horrific incident, which highlights the dangers of mob justice and the urgent need for effective law enforcement and respect for human rights.

He said: “We commend Edo State Governor, Monday Okpebholo, for his swift and decisive action in suspending the Commander of the Edo State Security Corps, CP Friday Ibadin (Rtd.), and banning all illegal vigilante groups operating in the state, but more need to be done.”

Ojukwu said the Commission wishes to use this opportunity to remind the government and the people of Nigeria that every individual has the right to life, as enshrined in Chapter 4 of the 1999 Constitution as amended as well as Article 4 of the African Charter on Human and Peoples’ Rights and Article 6 of the International Covenant on Civil and Political Rights.

He equally said the Commission emphasized that the freedom of movement, as guaranteed by the Constitution and Article 12 of the African Charter on Human and Peoples’ Rights and Article 12 of the International Covenant on Civil and Political Rights, has been grossly violated in this dastardly incident.

Ojukwu said: “We at the Commission demand that all the perpetrators be fished out and brought to justice. We call on the government to take concrete steps to prevent such incidents in the future, there is no justification for jungle justice anywhere in the world.”

He emphasized that every Nigerian has the right to life, dignity, and freedom from violence, regardless of their ethnicity, religion, or occupation, assuring that the Commission will continue to advocate for the protection of human rights and the rule of law in Nigeria.

Ojukwu said: “We urge the Edo State Government to continue its investigation into the killings and ensure that all perpetrators face the full wrath of the law. On our part, we will continue to monitor the process of investigation to ensure that justice is served. This will serve as a deterrent to others.

“Promotion and protection of human rights is paramount to national development, let’s all imbibe the culture of respect for human rights and fundamental freedom to make Nigeria a better place.”

Uromi Killing: NHRC Demands Protection for All Nigerians

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Irate Youths Attempt to Burn NSCDC Office in Taraba After Alleged Torture of Victim to Death

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Irate Youths Attempt to Burn NSCDC Office in Taraba After Alleged Torture of Victim to Death

Irate Youths Attempt to Burn NSCDC Office in Taraba After Alleged Torture of Victim to Death

By: Zagazola Makama

Angry youths in Iware, Ardo-Kola Local Government Area of Taraba State, attempted to burn down the office of the Nigeria Security and Civil Defence Corps (NSCDC) following the alleged torture and death of a suspect in custody.

Intelligence sources told Zagazola Makaka that the unrest began after Yunusa Kaka, 42, was reportedly tortured by security personnel at the NSCDC office in Iware.

Trouble started on March 30 at about 9:00 p.m. when Biliaminu Adamu, 24, was arrested for allegedly stealing two handsets and two packets of Benson cigarettes from Peter Majo of Iware Ward. While in custody, Adamu claimed he had given the stolen phones to Kaka, who denied any involvement.

Security personnel allegedly resorted to torturing Kaka in an attempt to extract a confession. He later became unresponsive and was rushed to Miyetti Allah Hospital in Iware by his brother, where he was confirmed dead.

News of Kaka’s death sparked outrage, with a large number of youths mobilizing to attack the NSCDC office.

However, security personnel managed to prevent the attack, and calm has since been restored to the area.

Authorities say investigations into the incident are ongoing.

Irate Youths Attempt to Burn NSCDC Office in Taraba After Alleged Torture of Victim to Death

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