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FUEL SUBSIDY AND PRICE CONTROL- SOLUTION TO ECONOMIC HARDSHIP IN NIGERIA

FUEL SUBSIDY AND PRICE CONTROL- SOLUTION TO ECONOMIC HARDSHIP IN NIGERIA
By: Victor Emejuiwe
No sane government should watch its citizens suffer untold hardship and live in poverty. The primary responsibility of government is to protect the life’s and to secure the welfare of the people. President Ahmed Bola Tinubu spontaneously announced the removal of fuel subsidy on the day of its inauguration without considering the attendant consequences of such a decision. In fairness to the removal, the amount of money claimed to be payment of subsidy in Nigeria was quite humongous from N300 billion during the Good Luck Jonathan administration in 2012, to N2.7 trillion in 2022. However, beyond the doubt as to the authenticity of the real value paid on subsidy, the secrecy and corruption associated with the entire subsidy regime was very un-palatable. It was as a result of this, that many Nigerians canvassed for the removal of subsidy. Nevertheless, there are some other school of thought who believes that the government was not sincere on its own part due to the lack of transparency and accountability in petrol consumption and subsidy payment. Also, even where several reports indicting subsidy saboteurs were released, the federal government did nothing to investigate and prosecute those who were accused of corruptly enriching themselves from the subsidy payments. Therefore, the payment of subsidy on its own was not the problem but the willingness of government to come clean with its transaction on subsidy payment and muster the political will to pervert corruption amongst the stakeholders was the major problem. The view on re-introduction of subsidy becomes necessary given the fact that payment of subsidy is a common global practice by governments all over the world. It is taken to ameliorate hardship faced by majority of citizens in the purchase of very expensive commodities. In this case, Nigeria being a mono-economy driven by sales of crude oil, has made the price of every other commodities reflective in the rise or fall in the price of crude oil. The subsidy regime cushioned a lot of hardship amongst Nigerian in the past and with its removal today, Nigerians have not been able to recover from the effect, as we can witness the continuous increase in the prices of all commodities in Nigeria. Most workers do not report to work on a daily basis, some business closed shops and the general standard of living has reduced. Couple with this fact, is government inactiveness in controlling the hike in the prices of locally produced commodities. The lack of a price stabilization and mechanization control which was hitherto implemented in the 70’s have made it possible for middle men to determine the prices of commodities in the market. The practice of the middle men is to acquire these goods from the dealers and hoard them so as to create scarcity and speculate a market price before they sell, with wide profit margin. If government enforce the price control Act as ordered recently by the federal high court on goods and commodities that are locally produced in Nigeria, the hoarders and speculators would run out of business and food items and other commodities would be available at the normal rate. The lack of a price control mechanism is what led to the failure of most government policies on agriculture. It is so unfortunate that the past government of President Muhammed Buhari, made efforts to encourage local production of food commodities such as rice and even provided subsidies to farmers to embark on local rice production, but instead of having the price of rice reduced, it rather led to more than 200 percent increase in the price of rice. Rice which was sold for N9600 before the ban on imported rice, skyrocket to N19,800, at a point, it rose to N36,000 and the government could not do anything to stop the hike. Under this present administration, a bag of rice sells for N77,000. It is an anomaly for government to provide incentives to local producers of commodities and at the same time, do not have control of the market price.
In light of the above, in the interim, the Federal Government should re-introduce subsidy on petrol and diesel under a more transparent regime and deal with saboteurs who divert the products to other countries and in the long run, the Federal government should get our refineries working at optimum capacity so that any attempt to remove subsidy on petrol and diesel will not have much impact on the price on petrol. Also, a list of commodities and items produced locally should be established and the market price should be determined under a price control, stabilization and mechanization regime. The government should enforce the laws and policy on price control. Finally, for resource mobilization, the government should stop oil theft so that more resources can be generated from crude oil and this would help us pay for the subsidy on petrol and also pay for the functionality of our refineries.
*Victor Emejuiwe
Monitoring and Evaluation/Strategic Communication Manager
Centre for Social Justice.
Abuja
08068262366
FUEL SUBSIDY AND PRICE CONTROL- SOLUTION TO ECONOMIC HARDSHIP IN NIGERIA
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Petrobras Eyes Return To Nigeria’s Oil Sector, Targets Deepwater Acreage

Petrobras Eyes Return To Nigeria’s Oil Sector, Targets Deepwater Acreage
** As VP Shettima mobilises ministers to capitalise on Brazil’s hosting of BRICS, G20, COP30
By: Our Reporter
Petrobras, the state oil company of Brazil, is seeking to re-enter Nigeria’s oil sector, with a specific interest in frontier deepwater acreage.


As the economic reforms of the administration of President Bola Ahmed Tinubu take root, the company, which had previously wound down its operations in Nigeria at the Agbami Field, is now actively engaging with Nigerian authorities as part of broader efforts to revitalise bilateral cooperation ahead of the 2025 Nigeria-Brazil Strategic Dialogue Mechanism (SDM).
This was part of the discussions on Wednesday during the interministerial review meeting chaired by Vice President Kashim Shettima at the Presidential Villa, Abuja, to coordinate Nigeria’s preparations for the second session of the SDM scheduled for June 2025.
Speaking at the meeting, VP Shettima said, “The presence of six ministers and the Solicitor-General of the federation in this review meeting ahead of the second session of the Nigeria-Brazil Strategic Dialogue Mechanism shows the importance we have attached to our relationship with Brazil.
“We have not maximally capitalised on the fraternity between us and Brazil, but it is better late than never. The upcoming SDM presents an opportunity to execute sector-specific Memoranda of Understanding (MOUs) and unlock investment flows.”
The Vice President particularly noted that 2025 represents a critical moment of interface with Brazil, emphasising that the convergence of international events provides Nigeria a unique opportunity to advance its interests on the global stage.
“This year is our moment of interface with Brazil. Brazil is hosting so many global events this year, from the BRICS Summit to the G20 Summit and COP30. This convergence of events provides us with a unique opportunity to advance our interests on the global stage,” the Vice President said.
VP Shettima commended the ministers for their passion and aggression in pursuing Nigeria’s national interest, noting that “there is a sea change in our attitude, disposition, and commitment.”
Earlier, Minister of Foreign Affairs, Ambassador Yusuf Tuggar, confirmed ongoing engagements with Petrobras, saying, “Apart from Ethanol, which they are hoping to engage the NNPCL for blending, Petrobras is also being actively engaged, and we expect they will form part of the delegation to Nigeria. Petrobras is no longer active in Nigeria, but they are very keen on coming back to Nigeria. They said they want frontier acreage in deep waters.”
The Foreign Affairs Minister further reported that Brazil’s preparations for the dialogue are well advanced, with both government agencies and private sector players being actively engaged by the Brazilian Vice President.
The Ministry of Foreign Affairs, which is coordinating the interministerial working groups, has compiled at least 12 draft MOUs pending approval from the Ministry of Justice. These cover areas such as energy, health, culture, and agriculture.
Also, Minister of Art, Culture, Tourism, and Creative Economy, Hannatu Musawa, emphasised the historical and ancestral connections between Nigeria and Brazil, noting that a significant percentage of Brazilians trace their roots to Nigeria.
“We must not only preserve this relationship but deepen it. We’ve finalised MOUs with the Nigerian Film Corporation on audiovisual co-productions, the National Gallery of Arts for joint exhibitions, and the Centre for Black and African Arts and Civilisation ahead of FESTAC at 50 next year,” Musawa said.
On agriculture, Minister of Agriculture, Senator Abubakar Kyari, outlined completed MOUs focused on research collaborations: “We have finalised MOUs that focus on research in three areas of soybean value chain development, cassava research and technology transfer and agro-forestry systems, which promote integrated crop and livestock models and erosion control and climate adaptation,” he said.
The minister noted that these efforts build on the previously signed Green Imperative Project (GIP) agreement between Nigeria and Brazil.
Also, Coordinating Minister of Health and Social Welfare, Professor Muhammad Pate, pointed to Brazil’s achievements in universal health coverage as a model for Nigeria.
He said, “There are important opportunities for us in several areas in our efforts to achieve universal health coverage and primary health care between Nigeria and Brazil- they have done a lot that we can learn from them. There is the aspect of knowledge sharing and workforce, and human capital training in specialised areas.
“We see potential for collaboration in pharmaceutical research, local drug manufacturing, and workforce training. Brazil’s experience in addressing tropical and sub-tropical diseases makes it an ideal partner for joint research and development.”
Other ministers present at the meeting included the Minister of Livestock Development, Idi Mukhtar Maiha and the Minister of Environment, Balarabe Lawal.
Petrobras Eyes Return To Nigeria’s Oil Sector, Targets Deepwater Acreage
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ECOWAS Court Dismisses Discrimination Claim in Recruitment Case

ECOWAS Court Dismisses Discrimination Claim in Recruitment Case
By: Michael Mike
The ECOWAS Court of Justice on 13 May 2025 delivered its judgment in the matter of Mariame Kone-Toure v. ECOWAS Commission (Application No. ECW/CCJ/APP/32/24 ruling against the Applicant, who had challenged the fairness of the recruitment process for the position of Head of Administration and Human Resources Division (P5) at the Court. The Court dismissed the applicant’s claims of discrimination in a recruitment process as unsubstantiated.
Case Background
The Applicant, Mariame Kone-Toure, a staff member of the ECOWAS Court of Justice, challenged the recruitment process for the position of Head of Administration and Human Resources Division (P5) at the Court. Having served in an acting capacity since February 2023, she applied for the post when it was advertised in May 2023. Following the interview conducted in January 2024, Ms. Amie Savage was appointed to the position in October 2024.
Ms. Kone-Toure alleged that the selection process violated principles of fairness and non-discrimination as outlined in the ECOWAS Staff Regulations. She argued that although she was one of the top candidates, the Management Succession Committee only recommended one candidate—Ms. Savage—unlike similar recruitments in other ECOWAS institutions, where multiple top candidates were recommended.
Court Findings
On jurisdiction, the Court affirmed its competence to hear the matter under Article 9(1)(f) of the 2005 Amended Protocol. On admissibility, the Court held that the Applicant had exhausted available internal remedies by appealing to the President of the ECOWAS Commission.
On the merits, the Court examined allegations of discrimination under Article 4(1) and the principle of equitable geographical distribution under Article 9(2)(f) of the ECOWAS Staff Regulations. It found that the Applicant failed to provide sufficient, verifiable evidence of differential treatment in similar circumstances. The Court noted that while she referenced practices in other institutions, she did not present the names or scores of the candidates allegedly favored, preventing a meaningful comparative analysis.
On the claim regarding geographical distribution, the Court ruled that the principle applies only among equally qualified candidates and does not override the requirement of merit-based selection.
The Court accepted the Respondent’s argument that Ms. Savage was deemed the most qualified candidate for the position.
Court Decision
The Court dismissed all claims made by the Applicant, concluding that:
The recruitment process complied with the ECOWAS Staff Regulations.
No evidence of discrimination or procedural irregularity was established.
The Applicant’s non-selection was not a violation of her rights.
Judicial Panel
The judgment was rendered by a panel comprising:
Hon. Justice Sengu Mohamed Koroma (Presiding Judge)
Hon. Justice Dupe Atoki(Judge Rapporteur)
Hon. Justice Gberi-Bè Ouattara (Member)
ECOWAS Court Dismisses Discrimination Claim in Recruitment Case
News
Seme Border Generates N847 million into Government Coffers in April, 2025

Seme Border Generates N847 million into Government Coffers in April, 2025
By: Michael Mike
Over N847 million has been generated into the federal government coffers at the Seme (the Nigeria-Benin) border by the Nigeria Customs Service in April, 2025 alone
Addressing a press conference on Wednesday, the Comptroller of Customs,
Seme Area Command, Dr. Ben Oramalugo said: “Seme Area Command, through commitment and professionalism, generated a total revenue of Eight Hundred and Forty-Seven Million, Fifty-Eight Thousand, Eight Hundred and Seventy-Nine Naira, Thirty Kobo (₦847,058,879.30k) for the month of April 2025 alone. This achievement reflects our sustained efforts at ensuring that all revenue leakages are blocked, and every legitimate kobo due to the Federal Government is collected without compromise.”
He added that: “In line with the Federal Government’s agenda on economic diversification through non-oil exports, the Command facilitated the movement of Two Thousand and Twenty Nine (2,029) trucks, equivalent to over Eight Eight metric tonnes (88,036.15) of made-in-Nigeria goods. These exports had a Free On Board (FOB) value of Sixteen Billion, Nine Hundred Million, Nine Hundred and Eighty Seven Thousand, Three Hundred and Thirty One Naira and Ten Kobo (₦16,900,987,331.10k) only. While the National Export Supervision Scheme (NESS) fees stood at Eighty Four Million, Five Hundred and Four Thousand, Nine Hundred and Ninety Six Naira and Sixty Six Kobo (₦84,504,936.66k) only.”
He noted that: “This underscores our role as a critical trade enabler and contributor to national economic growth through efficient border management and support to local manufacturers.
He warned the general public on the activities of fraudsters who impersonate officers of the Seme Area Command, claiming to auction or sell vehicles. He said: “These scammers often operate via social media and other informal platforms. The Command dissociates itself from any such illegal activity.”
He added that: “Please note that the Nigeria Customs Service does not sell or auction seized items via WhatsApp groups, Facebook pages, or any unverified platforms. Only follow verified social media handles bearing the official blue tick or any communication directly from the Nigeria Customs Service.”
He said: “We remain fully committed to our mandate of revenue generation, trade facilitation, and suppression of smuggling. We shall not be deterred by mischief-makers or their propaganda. The Command will continue to work diligently in the interest of national economic development and security.
“Additionally, we appeal to parents and guardians residing in border communities to counsel their wards and youths to refrain from engaging in smuggling activities and to avoid being used as instruments to obstruct law enforcement officers in the discharge of their legitimate duties.”
Seme Border Generates N847 million into Government Coffers in April, 2025
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