National News
Fuel Scarcity: Give us petrol at official ex-depot price, lPMAN tasks NNPC
Fuel Scarcity: Give us petrol at official ex-depot price, lPMAN tasks NNPC
Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to give same window given to Major Oil Marketers Association of Nigeria (MOMAN) to buy fuel at regulated depot price of N148.17 per litre.
The Chairman of IPMAN Ejigbo Depot, Mr Akin Akinrinade, made the appeal in Lagos on Wednesday while addressing the media on the price disparity of petrol to IPMAN members by depot owners.
Akinrinade wondered why private depots get petrol from NNPCL at official rate of N148. 17 per litre but sell at N220 per liter ex-depot price to IPMAN.
He, however, issued seven days ultimatum to NNPCL to work out a concrete arrangement for IPMAN to buy fuel at regulated price of N148.17 per litre.
He said that lPMAN had an agreement with NNPCL on fuel supply but has refused to adhere to the agreement.
“We have noticed the price disparity at which NNPC is selling petrol to major marketers at regulated price and the private depot are selling to the independent marketers at N220 per litre.
“Major marketers are selling at the rate of N170 per litre in their stations and retail outlets are selling at N169 at their stations.
“The private depots are selling ex-depot price at N220 per litre to us, which means that after paying N220 per litre, we still have to add other costs like transportation, logistics among other costs.”
According to the chairman, this has led to an increase in the price of petrol at IPMAN stations, adding that members now sell at N250 per litre and above to stay in business.
“We are no longer comfortable with this because Nigerians now see us as the black sheep.
“So, we want Nigerians to know that it is not of our making and that the authorities should address the issues around the price disparity”.
Akinrinade said that members found themselves in such situation due to moribund NNPCL depots that were neglected.
“We loaded here last at satellite depot in Lagos since December 2021, but, throughout 2022, we have not load a drop of product here.
” Ordinarily, NNPC is supposed to make arrangement for us to load through the private depots but they have abandoned that arrangement.
“That is why we have no choice but to buy from the private depot owners who use us to make money.
“I wonder why they are now selling to us at N220 per litre,” he said.
Akinrinade said: ” Petrol is regulated and held in trust for Nigerians, why are private depots owners profiteering?.
“We are all commission agents in the petroleum business as long as the product is been subsidised.
“We are using this medium again to call on NNPC to make arrangement for IPMAN through the private depots such that we can load in those depots as we used to, paying government regulated price.
“Before now we used to buy at the rate of N148 and with that, we can sell at N170 but it is no longer so because the private depots are selling to us at the rate of N220 per litre ex-depot price,” he said.
Akinrinade said that IPMAN was simply asking for fair competition, adding that the competition was no longer fair.
He said that lPMAN members were losing customers because they could no longer buy at the price of N250 and above.
“In the interim, NNPC should make arrangement for IPMAN to load through the private depot. That is what they are doing for NNPC retail and we should be treated equally.
“If government can no longer subsidise the product, then let them deregulate so that we are all at the same level.
“We can no longer put this pains on Nigerians so we are saying enough is enough and the arrangement should be made for things to go back to status quo or we will react,” he said.
Fuel Scarcity: Give us petrol at official ex-depot price, lPMAN tasks NNPC
National News
Egbe Pledges Accountability, Visible Progress in Power Sector Reform
Egbe Pledges Accountability, Visible Progress in Power Sector Reform
By: Michael Mike
Nigeria’s Minister of Power, Joseph Olasunkanmi Tegbe, has assured Nigerians of his commitment to implementing far-reaching reforms aimed at improving electricity supply, strengthening sector accountability, and restoring public confidence in the nation’s power industry.
Speaking after settling into office following his confirmation by the Senate, the minister said his administration had already developed a structured reform agenda focused on discipline, measurable targets, and transparent communication with the public.

Tegbe expressed gratitude to President Bola Tinubu for the confidence reposed in him and disclosed that extensive consultations had been held with key institutions across the electricity value chain.
These engagements, he said, involved the Federal Ministry of Power, the Transmission Company of Nigeria (TCN), the Niger Delta Power Holding Company (NDPHC), the Nigerian Electricity Regulatory Commission (NERC), the Rural Electrification Agency (REA), and other major stakeholders.

According to the minister, the consultations have produced a common understanding among sector players on the need to accelerate reforms and improve service delivery to Nigerians.
He also revealed that discussions with international development agencies and financial partners had yielded encouraging outcomes, with several organizations indicating readiness to provide financial support to help address liquidity challenges that have long constrained the sector.

Highlighting early gains, Tegbe announced the revival of the 450-megawatt Alaoji Open Cycle Power Plant in Abia State, which had remained inactive for about three years. The facility, rehabilitated by the NDPHC, now has the capacity to contribute up to 375 megawatts to the national grid.
The minister further pointed to recent improvements in transmission infrastructure, noting that TCN had successfully energized new assets at Katampe in Abuja as well as substations in Ayede and Abeokuta, developments expected to enhance power delivery across several regions.
On consumer protection, Tegbe welcomed recent regulatory actions requiring electricity distribution companies to compensate Band A customers affected by supply shortfalls. He described the directive as evidence of a growing commitment to holding operators accountable while safeguarding the interests of consumers.
He also cited the swift restoration of electricity in parts of Abuja following the unexpected failure of a 100MVA transformer, praising the coordinated efforts of TCN and Abuja Electricity Distribution Company (AEDC) teams that resolved the outage within 24 hours.

The minister commended workers across the Ministry of Power and its agencies for their dedication and professionalism, while also acknowledging the support of private sector investors and partners. He assured stakeholders that efficiency, innovation and performance would be rewarded under his leadership.
While acknowledging the magnitude of challenges facing the electricity industry, Tegbe appealed to Nigerians for patience, stressing that decades of infrastructure deficits and systemic problems could not be resolved overnight.
He reiterated his commitment to realistic expectations and transparent governance, promising that while he would not make unrealistic pledges, citizens would witness steady improvements and receive regular updates on progress in the sector.
The minister said the reform process was already underway and expressed confidence that sustained collaboration among government institutions, private investors and development partners would ultimately deliver a more reliable and efficient power system for the country.
egbe Pledges Accountability, Visible Progress in Power Sector Reform
National News
China, Nigeria Strengthen Cultural Diplomacy Through Panda Art Initiative in Abuja
China, Nigeria Strengthen Cultural Diplomacy Through Panda Art Initiative in Abuja
By: Michael Mike
Nigeria and China have reaffirmed their commitment to deepening cultural cooperation and people-to-people relations through the launch of the “Hello Nigeria—2026 Panda Painting Interactive Experience,” an initiative aimed at promoting friendship, creativity and mutual understanding between the peoples of both countries.
The event, held at the China Cultural Centre in Abuja, brought together diplomats, government officials, artists, cultural practitioners, students and members of the diplomatic community to celebrate the power of art as a tool for international dialogue and cultural exchange.
Speaking at the opening ceremony, Minister of the Chinese Embassy in Nigeria, Zhou Hongyou, described the giant panda as a symbol of peace, harmony and inclusiveness, noting that the exhibition was designed to build bridges between Chinese and African cultures through artistic expression.

According to him, the interactive programme combines the cultural heritage of China’s Sichuan Province—the natural home of the giant panda—with Africa’s vibrant artistic traditions, creating a platform for meaningful engagement among young people and cultural enthusiasts.
“The panda transcends language and borders. Through art, creativity and cultural exchange, we hope to foster deeper understanding and friendship between our peoples,” Zhou said.
The Chinese diplomat noted that the event comes at a significant moment in bilateral relations, as 2026 marks the 55th anniversary of diplomatic ties between Nigeria and China and has been designated as the China-Africa Year of People-to-People and Cultural Exchanges.
He stressed that while economic cooperation remains important, sustainable relations between nations are ultimately built on trust, mutual respect and appreciation of each other’s cultures.
Zhou disclosed that the Chinese Embassy and the China Cultural Centre would continue to expand cultural programmes, youth exchanges, language learning opportunities and artistic collaborations to further strengthen ties between both countries.
Also speaking, Permanent Secretary of the Federal Ministry of Art, Culture and the Creative Economy, Abdulkarim Ozi Ibrahim, said cultural initiatives such as the Panda Painting Interactive Experience demonstrate the ability of art to unite people across linguistic, geographical and social boundaries.
He described the programme as a practical example of cultural diplomacy in action, emphasizing that creative engagement promotes shared values, mutual respect and peaceful coexistence among nations.
“The creative sector serves as a powerful platform for fostering peace, inclusion and sustainable development. Through culture, we are able to build bridges, strengthen relationships and celebrate our shared humanity,” Ibrahim said.
The Permanent Secretary reaffirmed the Federal Government’s commitment to supporting programmes that encourage intercultural dialogue, artistic innovation, cultural tourism and international partnerships.
He noted that cultural exchanges play an important complementary role to diplomatic and economic relations by creating stronger connections among citizens, particularly young people who will shape the future of both countries.
In his goodwill message, Director-General of the National Gallery of Art, Ahmed Bashir Sodangi, highlighted the transformative role of the arts in promoting understanding and friendship among diverse peoples and cultures.
He described the giant panda as an internationally recognized symbol of friendship and environmental consciousness whose message resonates across continents.
According to Sodangi, the event offers participants an opportunity not only to explore artistic creativity but also to reflect on values such as unity, cultural diversity and environmental stewardship.
He commended the Chinese Embassy for its sustained investment in cultural diplomacy and people-to-people engagement, noting that such initiatives contribute significantly to strengthening the longstanding relationship between Nigeria and China.
“The arts remain one of humanity’s most effective instruments for fostering understanding and building bridges across cultures. Programmes like this create opportunities for learning, collaboration and lasting friendship,” he said.
Throughout the event, speakers emphasized the importance of youth participation in cultural exchange programmes, describing young people as the custodians of future relations between both nations.
Students from various international schools participated in painting activities inspired by the panda, while cultural displays showcased the shared values of peace, creativity and cooperation that underpin Nigeria-China relations.
The event also highlighted growing collaboration between cultural institutions in both countries and reinforced the role of the creative economy as a vehicle for diplomacy, tourism, education and international engagement.
As Nigeria and China celebrate 55 years of diplomatic relations, officials from both countries expressed optimism that cultural initiatives such as the Panda Painting Interactive Experience would deepen mutual understanding, inspire new artistic collaborations and strengthen the bonds of friendship between their peoples for generations to come.
China, Nigeria Strengthen Cultural Diplomacy Through Panda Art Initiative in Abuja
National News
NANS Urges Caution Over Strike Calls as Oyo School Abduction Crisis Deepens
NANS Urges Caution Over Strike Calls as Oyo School Abduction Crisis Deepens
By: Michael Mike
The National Association of Nigerian Students (NANS) has cautioned against calls for statewide strikes and mass protests over the recent abduction of teachers and pupils in Oyo State, arguing that such actions could inadvertently serve the objectives of terrorists and kidnappers.
In a statement signed by its National President, Comrade Akinteye Babatunde Afeez, the student body expressed deep concern over the plight of the abducted children and teachers, describing the situation as heartbreaking and unacceptable.
The statement was issued in response to a call by the Campaign for Democratic and Workers’ Rights (CDWR) urging the Nigeria Union of Teachers (NUT), the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to embark on statewide industrial action and mass protests over the security situation.
While acknowledging the constitutional rights of individuals and groups to freedom of expression and association, NANS stressed that such rights must be exercised responsibly, particularly during a sensitive national security crisis.
According to the association, shutting down economic and social activities through strikes could play into the hands of terrorists whose aim is to create fear, instability and national disruption.
“It breaks the heart to see children sent to school by their parents and guardians end up as bargaining chips in the hands of kidnappers,” the statement said, adding that no responsible government would stand by and allow innocent schoolchildren to remain in captivity.
NANS argued that rather than mobilising for strikes and protests, Nigerians should unite in support of efforts aimed at securing the safe return of the abducted victims and defeating terrorism.
Drawing parallels with international experiences, the student body cited Israel’s response to the 2023 Hamas attacks, noting that citizens rallied behind efforts to rescue hostages while maintaining national unity despite deep political differences.
The association also recalled Nigeria’s resilience during difficult periods in its history, including the civil war and predictions of national disintegration ahead of the 2015 elections, saying the country had repeatedly demonstrated its ability to overcome major challenges through unity.
“Nigeria has faced and overcome difficult moments before. If we were able to unite and defeat predictions of national collapse, we can also unite to confront terrorism and insecurity,” the statement noted.
NANS further urged Nigerians to view the fight against terrorism as a collective responsibility rather than solely the burden of government, insisting that citizens, communities and institutions must work together to address the security challenge.
The association maintained that while governments may come and go, the nation and its people remain, making it imperative for all stakeholders to place national interest above partisan or sectional considerations.
The statement comes amid growing public concern over the recent wave of school-related abductions, with security agencies continuing efforts to secure the release of the affected teachers and pupils. NANS expressed hope that the victims would regain their freedom soon and called on Nigerians to remain united in the face of the security challenge.
NANS Urges Caution Over Strike Calls as Oyo School Abduction Crisis Deepens
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