National News
N195/Per Litre’ Independent Marketers To Shut Down Filling Stations Nationwide Monday

N195/Per Litre’ Independent Marketers To Shut Down Filling Stations Nationwide Monday
Independent marketers of Premium Motor Spirit, popularly called petrol, are getting set to shut down operations beginning from Monday once the government starts the enforcement of N195/litre pump price.
It was gathered on Saturday that the Nigerian National Petroleum Company Limited, Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, Independent Petroleum Marketers Association of Nigeria, security agencies and the downstream regulator had all agreed that petrol be sold at N195/litre.
Oil marketers said the agreement was reached at a meeting in Abuja on Tuesday, as participants resolved that beginning from Monday, February 6, 2023, the pump price of petrol should not exceed N195/litre, a development which dealers, particularly independent marketers, described as tough due to the high ex-depot price of the commodity.
They told our correspondent that to avoid having their outlets sanctioned, many filling stations operated by independent marketers would be shut from Monday as it made no business sense to sell a product lower than the cost price.
This is likely to further prolong the petrol scarcity and queues in many parts of the country as independent marketers control about 80 per cent of filling stations nationwide.
IPMAN’s National President, Debo Ahmed, told journalists that the approved ex-depot price of petrol was recently raised from N148/litre by the NNPCL to N172/litre, but depots hardly dispense the commodity at this cost.
Ahmed, who was reacting to the notice to members issued by the Public Relations Officer, IPMAN Ibadan Depot branch, Mojeed Adesope, stated that marketers were advised to sell the product in stock now before the enforcement begins on Monday.
In the memo, which was sighted on Saturday, Adesope said, “The top management of NNPC, other relevant authorities in the downstream sector of the economy as well as all the security agents in the country met at on Tuesday, January 31, 2023 to begin the enforcement of pump price of PMS at N195/litre at all the filling stations across the country with Immediate effect.
“Towards that end, enforcement will commence effective from Monday, February 6, 2023 to enable you to dispose of all your remaining stock on or before the enforcement date.
“Members are hereby implored not to purchase products that they would not be able to dispense at N195/litre. The above information should be given wider spread/circulation in order not to get any member caught unawares. You are strongly advised to heed this information.”
Commenting on this, the national president of IPMAN said the information was in order as he urged other independent marketers to take note.
Ahmed stated, “The information is in order, because the depots that the NNPC gives products to are selling at a higher price, and IPMAN members will not like to leave their stations idle. And to avoid sanctions, it is better to close your station.
“So what is going to happen in essence is that marketers have to buy products using the NNPCL loading tickets, and if they don’t have the tickets, all they have to do is to close down their stations. You have to buy from the NNPCL in order to sell at the government regulated price.”
He said the NNPCL was the only importer and it often gave the product to DAPPMAN to sell to IPMAN members at a regulated rate.
Ahmed added, “They also give the product to MOMAN to sell through the stations of major marketers, but DAPPMAN has to sell to independent marketers because independent marketers do not have depots.
“The 21 NNPCL depots across the country that we rely on before now are all moribund and not working. So right now, we depend on DAPPMAN depots to get our products at the price approved by the NNPCL.
“But most times, DAPPMAN would increase their price and when you buy from them at such a high price, there is no way you are going to sell at a lower price. So, that memo is telling marketers that if they cannot get the NNPCL product to buy at the controlled price, they better not sell to avoid having their stations sealed.”
When asked for the approved price that the government, through the NNPCL, had asked depot owners to sell, Ahmed replied, “In fact, there is a lot of confusion.
“As of today, we are supposed to buy at N172/litre from the NNPCL designated depots run by DAPPMAN. But if you get there at times, you don’t buy at that price; rather, you buy at higher rates.
“Before it was N148/litre, but all of a sudden, the NNPCL just did what it did and increased the price to N172/litre, which was why they said the retail price should now be N185/litre.”
He explained that the N172 ex-depot price was without the cost of conveying petrol to wherever the marketer was taking the product to.
“If you are taking it further than 400 kilometres from the place of purchase, you are going to get the bridging claims or price equalisation. But if you are taking it within 120 kilometres or around that distance, you will get some little allowance to make you sell at a controlled price.
“But, the truth is that we don’t get the product at the controlled price of N172, which is why you see a lot of areas where they sell at higher prices.
“However, for MOMAN, because they get it at the controlled price, they take it from their depots to their stations and sell it at lower prices compared to independent marketers. Mind you, independent marketers control about 80 per cent of retail outlets in Nigeria.”
In Lagos, most of the outlets that sold the product on Saturday had long queues of desperate motorists, with some selling for between N280 and N350 per litre.
A similar situation was prevalent in Ogun State, where motorists struggled to get petrol from the few filling stations that had the product. Some stations on the Lagos-Ibadan Expressway sold the product for between N320 and N380 per litre.
A commercial motorist, Idris Adewale, said he had banked on getting petrol at the Nipco filling station at Magboro for N195 per litre, but was disappointed to discover that the station was under lock and key. He also claimed that the Rainoil station at Ibafo did not sell the product and he only succeeded in filling his vehicle’s tank before the Sagamu interchange for N340 per litre.
A desperate motorist, Nnamdi Goodman, claimed to have bought 10 litres for N7,000 on Airport Road in Lagos on Saturday.
On Thursday, the Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, and the Group Chief Executive Officer, NNPC Limited, Mele Kyari, disclosed that several measures were being taken to enforce the approved price of petrol and to stop the diversion of the product.
The NMDPRA boss, while speaking on sanctions against downstream operators who flouted the approved regulations, stated that over 270 filling stations and seven depots had been closed down.
“On top of shutting the depots, we also shut down over 270 retail outlets. We are doing our work and this has brought some respite in some areas,” Ahmed stated.
On his part, Kyari said the Federal Government was now deploying operatives of the Department of State Services to monitor tankers conveying petrol to filling stations in order to halt the diversion and smuggling of the product.
He stated that already, over 120 DSS officers had been deployed to follow fuel tankers to the various retail outlets in Abuja, as more security agencies were being drafted for the exercise for nationwide coverage.
“So much is going on; there are government security interventions. I know the kind of work that we do with the security agencies; for instance, in Abuja alone, we have over 120 DSS officers following every truck to fuel stations and we are activating this across the country,” Kyari said.
Meanwhile, the Chairman, IPMAN, Enugu Depot Community in charge of Anambra, Ebonyi and Enugu states, Mr Chinedu Anyaso, has said the prevailing shortage in the supply of PMS in the South-East may not end soon because of the challenges facing marketers in procuring the product.
He said this in an interview with the News Agency of Nigeria in Awka on Saturday.
NAN reports that petrol now sells for between N400 and N450 per litre and between N500 and N600 in the black market in Akwa, Anambra State.
As of Saturday, most filling stations in the city were closed for lack of petrol, while the few that had the product were selling at very high prices with long queues of motorists.
Anyaso said the quantity of the product coming to the South-East had reduced by more than 50 per cent compared to the supply in normal time.
According to him, at the moment, nothing suggests the easing of the problems as some of the marketers have yet to get supplies they paid for over a month ago, except the Federal Government takes a drastic action to flood the country with the product.
Anyaso stated, “Our members, who got NNPC allocation last year, paid for the product since December, up till now they have not received their supply; rather, they asked them to pay additional money for which most of them made overdraft of between N1.4m and N1.6m.
“As you can see, most filling stations in the zone have shut down because they can no longer source petrol normally, those that have, pay through their nose to get it; that is why there are abnormal rates because they have to recover their cost and make some profits.
“It is impossible for the authorities to enforce price now; our people are making extra effort to ensure that we have the product to buy even if it is expensive.”
Anyaso said in addition to the hardship the people were facing as a result of scarcity and high prices, thousands of workers stood to lose their jobs if the problems persisted as no marketer would continue to pay workers when they were not in business.
N195/Per Litre’ Independent Marketers To Shut Down Filling Stations Nationwide Monday
Education
Billionaire Indimi inaugurated for a second term as Pro Chancellor of the Kashim Ibrahim University Maiduguri

Billionaire Indimi inaugurated for a second term as Pro Chancellor of the Kashim Ibrahim University Maiduguri
By: Bodunrin Kayode
Nigerian Billionaire Dr Mohammed Indimi has been inaugurated for the second term as Pro Chancellor of the Borno State government owned Kashim Ibrahim University (KIU).
Indimi and his team were inaugurated monday by Governor Babagana Zulum to continue developing the state owned University which has grown massively since he took charge four years ago as pro chancellor.
Speaking after their inauguration, Zulum, tasked the Governing Council of the University to foster the culture of cutting-edge research, innovation and community development to address the challenges and opportunities of the post-insurgency recovery efforts.
The Governor noted that the inauguration is part of the broader effort to reposition the University as a beacon of knowledge, innovation and moral rectitude, not just for the North-East, but for Nigeria as a whole.
He stressed that the challenges before the new council was significant as the opportunities are myriad adding that “we task you with fostering a culture of rigorous research, innovative teaching and community-relevant curricula that addresses the unique challenges and opportunities of our post-insurgency recovery and development”.
Governor Zulum expressed delight that the student population alone had grown from a mere 300 in the beginning to about 10,000 in the last 6 years.
He charged the new council to prioritize the welfare of both staff and students and uphold the highest standards of academic excellence, transparency and prudent management of resources.
“You are now the legal custodians of this university’s destiny, entrusted with a sacred mandate to provide strategic direction, ensure financial prudence, uphold the highest standards of academic excellence and safeguard the welfare of both staff and students.
“This ceremony is a fulfilment of our administration’s unwavering commitment to strengthening the governance structures of all tertiary institutions in Borno State.
“It is pivotal to repositioning this University as a beacon of knowledge, innovation and moral rectitude, not just for the North-East, but Nigeria as a whole”.
“Section 1(1) (c) of the Third Schedule of the Kashim Ibrahim University Law, 2018, as amended, empowers me to constitute a Governing Council as the supreme governing body of the University charged with the general control and superintendence of the policy, finances and administration of the institution”.
“I offer my heartfelt congratulations to you all. Your selection was not by chance. It was a deliberate choice based on your proven integrity, vast experience and demonstrable passion for education and community development.
“In particular, I wish to address our Pro-Chancellor and Chairman of Council, Alhaji (Dr) Muhammadu Indimi. Your legendary philanthropy and unwavering support for education are well-known,” he concluded.
Responding, the Pro-Chancellor and Chairman of Council, Dr Muhammadu Indimi said he graciously accepted the appointment with the aim of serving his state and promised to provide positive change in the University.
“I accepted this position because I have to support my state. With my able lieutenants, we promise to provide positive change in the University,” Indimi assured.
Billionaire Indimi inaugurated for a second term as Pro Chancellor of the Kashim Ibrahim University Maiduguri
National News
Actively Implementing the Global Governance Initiative, Jointly Building a China-Africa and China-Nigeria Community with a Shared Future

Actively Implementing the Global Governance Initiative, Jointly Building a China-Africa and China-Nigeria Community with a Shared Future
By H.E. Yu Dunhai, Chinese Ambassador to Nigeria
On September 1, 2025, President Xi Jinping solemnly proposed the Global Governance Initiative (GGI) at the Shanghai Cooperation Organization Plus Meeting held in Tianjin, China. With itsprofound insight into the times, broad humanistic commitment and clear value orientation, this initiative aims to address a pressing subject of our times which has attracted high attention from the international community, namely what kind of global governance system to build and how to reform and improve global governance. It further contributes Chinese wisdom and proposes a Chinese approach to strengthening and improving global governance, injecting more stability and certainty into a turbulent world.
Today, transformative changes unseen in a century are accelerating across the world, while the lingering gloom of Cold War mentality, hegemonism, and protectionism continues to cast a shadow. Humanity is confronted with unprecedented challenges as the world enters a new phase of turbulence and transformation, and global governance now stands at a critical juncture. The world is in greater need of strengthening global governance than ever before, and the GGI comes at an opportune time. Regarding it as the fundamental guideline to uphold the purposes and principles of the U.N. Charter and practice the vision of global governance featuring extensive consultation and joint contribution for shared benefit, the GGI seeks to promote the building of a more just and equitable global governance system and work together for a community with a shared future for humanity.
To be more specific, the GGI embodies five core concepts: First, adhere to sovereign equality. All countries, regardless of size, strength or wealth, shall have the right to participate in, make decisions in and benefit from the global governance as equals. Second, abide by the international rule of law. There shall be no double standards, and the self-defined rules of a few countries must not be imposed upon others. Third, practice multilateralism.The irreplaceable and crucial role of the United Nations in global governance must be given full play.Fourth, advocate a people-centered approach. It is essential to ensure that people of all nations jointly participate in global governance and share in its outcomes. Fifth, focus on taking real actions. More tangible results should be delivered, and global governance should avoid lagging behind the times or becoming fragmented.
The above five core concepts advocated by the GGI are closely aligned with the inherent needs of China-Africa and China-Nigeria cooperation. Africa, which includes 54 United Nations member states, is the continent with the largest concentration of developing countries. It is not only an important participant in global governance but also a major force driving global multi-polarization. Nigeria, as Africa’s most populous country and majoreconomy, serves as a critical growth engine on the continent and an influential representative of the Global South. It is also a key strategic partner for China in Africa. It is fair to say that China-Africa and China-Nigeria cooperation not only enjoy a solid historical foundation but also correspond to practical needs of reformingthe global governance system and transforming the global order.
The year 2025 marks the 80th anniversary of the establishment of the United Nations, which represented a pioneering practice by the international community in initiating global governance. In 1971, African countries strongly supported the restoration of the lawful seat of the People’s Republic of China in the United Nations, with Nigeria casting a sacred vote in favor. This moment marked the beginning of the joint participation of African nations and the People’s Republic of China in global governance. In 1992, China worked closely with the Group of 77, in which African countries served as a major force, ultimately leading to the incorporation of the principle of “common but differentiated responsibilities” into the United Nations Framework Convention on Climate Change. Since the 21st century, China has actively promoted solutions to address the under-representation of African countries in the United Nations, advocating that the Security Councilreform must genuinely reflect international fairness and justice, prioritize correcting historical injustices faced by Africa, and support special arrangements to address Africa’s demands as a priority. In 2022, China took the lead in explicitly expressing support for the African Union’s accession to the G20 and facilitated the formal admission of the African Union as a member of the G20 the following year. The Beijing Declaration issued at the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) in 2024emphasized that China supports African countries in playing a greater influential role in global governance, particularly within inclusive frameworks addressing global issues, and will continue to support Africa-related priorities in G20 affairs. China also appreciated and welcomed more African countries joining the BRICS family. Shortly thereafter, Nigeria, with China’s active support, became a BRICS partner country. China firmly supports Africa’s efforts to enhance its international standing and voice, fully demonstrating the spirit of China-Africa friendship and cooperation, and profoundly illustrating China’s role as a major country in promoting the improvement of global governance.
The year 2025 also marks the 25thanniversary of the establishment of theFOCAC. The FOCAC mechanism itself is a model of the vision of the global governance featuring extensive consultation and joint contribution for shared benefit. Guided by the principles of sincerity, real results, amity, and good faith towards Africa and the principle of pursuing the greater good and shared interests, China is committed to supporting Africa in advancing its integration and enhancing its capacity for self-drivendevelopment. From the “Ten Cooperation Plans” and the “Eight Major Initiatives” tothe “Nine Programs” and the recently launched “Ten Partnership Actions for China-Africa Collaboration on Modernization,” a series of practical cooperation plans have focused on Africa’s priority areas such as infrastructure connectivity, healthcare, agricultural modernization, and capacity building. This cooperation comes with no political strings attached, emphasizesaction-oriented approaches and aims to enhance the “self-development capacity” of African countries, representing a tangible contribution to building a more just and equitable global governance system. On September 3, 2024, Nigerian President Bola Ahmed Tinubu paid a state visit to China and attended the FOCAC Beijing Summit. The leaders of the two countries jointly announced the elevation of China-Nigeria relations to a comprehensive strategic partnership and were committed to building a high-level China-Nigeria community with a shared future. Over the past year, China-Nigeria relations have achieved rapid growth across all sectors. We have more frequent high-level exchanges, deeper political and strategic trust as well as increasingly substantial outcomes in practical cooperation. We have supported each other on issues concerning our respective core interests and major concerns, while maintaining sound communication and coordination in international and regional affairs under a results-oriented approach. We can proudly say that China and Nigeria are setting an exemplary model for South-South cooperation.
In conclusion, Chinese president Xi Jinping has proposed four major initiatives to date: the Global Development Initiative (GDI), the Global Security Initiative (GSI), the Global Civilization Initiative (GCI), and the Global Governance Initiative (GGI). Together, these initiatives form the four pillars for building a community with a shared future for mankind. The GDI focuses on promotinginternational cooperation on development, the GSI on encouraging dialogue and consultation over international discord, the GCI on promoting exchanges and mutual learning among civilizations, and the GGI on the direction, principle and path for reforming the global governance systems and institutions. The four initiatives have their respective priorities and can be pursued simultaneously. They will each be a source of positive energy for a changing and turbulent world and impetus for humanity’s development and progress.
China is willing to work with African countries, including Nigeria, under the framework of the GGI to promote reforms in the UN Security Council and the international financial system, to make the existing international system and international institutions better at taking actions and working effectively, to step upcoordination among multilateral bodies, and to prioritize consensus-building in such areas as the international financial architecture, artificial intelligence, cyberspace, climate change, trade and outer space to bring about early harvests.
The successful practices of China-Africa and China-Nigeria cooperation demonstrate that the GGI embodies strong vitality and broad prospects for development. Moving forward, China will continue to stand shoulder to shoulder with African countries, especially our Nigerian friends, to actively advance the GGI, jointly address global challenges and work toward building a community with a shared future for mankind.
Actively Implementing the Global Governance Initiative, Jointly Building a China-Africa and China-Nigeria Community with a Shared Future
National News
Nigeria Sets for Cyber, Digital Diplomacy, Creates Cyber Unit at Foreign Ministry

Nigeria Sets for Cyber, Digital Diplomacy, Creates Cyber Unit at Foreign Ministry
By: Michael Mike
Minister of Foreign Affairs, Ambassador Yusuf Tuggar on Tuesday announced the creation of a Cyber Diplomacy Unit within the Ministry as part of the efforts to keep the nation’s diplomatic cycle abreast of happenings in the cyber and digital space.
Tuggar noted that the unit is to coordinate Nigeria’s cyber and digital-related foreign policy and ensure Nigeria’s voice becomes influential in international cyberspace governance.
He noted that this has become imperative in the evolving technological space, which has come to redefine the foundations of diplomacy.
The Minister speaking at the seminar on anticipatory cyber, digital diplomacy organized by the Ministry of Foreign Affairs; an initiative designed to strengthen Nigeria’s foreign policy architecture and equip diplomats with the necessary tools to confront the challenges of the emerging digital age, said: “In the spirit of this forward-looking vision, the Ministry of Foreign Affairs has established a dedicated Cyber Diplomacy Unit. The Unit’s mandate is clear: to coordinate Nigeria’s cyber-related foreign policy across all diplomatic platforms, build capacity for cyber negotiations, champion ethical and inclusive digital governance, foster public–private partnerships for national cyber resilience and ensure that Nigeria’s voice is influential in global cyberspace governance.”
He explained that: “We are living through a historic transformation. The convergence of disruptive technologies, shifting geopolitical alignments, and deepening digital interdependence is redefining the foundations of diplomacy.
“From artificial intelligence and quantum computing, to the geopolitics of data and the militarisation of cyberspace, the very nature of statecraft is being rewritten before our eyes.
“Nigeria must not be a mere bystander, we must act with purpose, to position ourselves as a principled, capable and forward-looking actor in the evolving global digital order.”
The Minister further stressed that the new global order as orchestrated by technology “requires embedding anticipatory, cyber and digital diplomacy into the core of our foreign service, our national security architecture and our multilateral engagements.”
Tuggar noted that “anticipatory diplomacy provides us with the ability to detect early warning signals, foresee systemic shocks and plan strategically for the future, whether in the global race for critical minerals, the regulation of artificial intelligence, or the restructuring of global supply chains.”
He therefore stated that the nation’s “diplomats must be trained, not merely to react, but to influence events before they unfold.”
The Minister stressed that cyber diplomacy is about how we reach global standards to combat cybercrime and cyberwarfare, “how we balance national sovereignty with bilateral treaties and multilateral co-operation. It is how we engage with our partners to tackle malicious activities, protect critical infrastructure and support the integrity of elections and other interests vital to peace, stability and progress. Cyber diplomacy is about how we work together on data privacy, internet freedom and control over information. It is about working together on capacity building and sharing expertise. We hear a lot about AI.”
He added that “The purpose of cyber diplomacy is to help systems to catch up, to promote the best technology can do to accelerate growth, stability and freedom.”
He therefore said that the country can learn from parallel initiatives, such as the 2018 Paris Call for Trust and Security in Cyberspace, or the EU’s Cyberdiplomacy toolbox.
He also disclosed that the challenges confronting the country are urgent, and delicate; with state-sponsored hacking, as well as criminal and non-state actors, which has brought the country into the global equation mix.
“As we seek greater influence within ECOWAS, the African Union and the United Nations, our engagement must be anchored in sovereignty, trust, and innovation.
“We must lead Africa’s digital future, training a new generation of cyber negotiators, expanding regional incident response capabilities, and championing African-led solutions to global digital challenges. This includes advancing climate-conscious data practices and ethical AI development,” he added.
The minister described as Nigeria’s digital gift to the world the launch of the Anticipatory, Cyber, and Digital Diplomacy Masterclass Series for diplomats from Africa and the Global South.
He said it is an open platform designed to build a globally competitive diplomatic corp.
On his part, the Minister of Justice and Attorney General of the Federation, Lateef Fagbemi said the Federal Ministry of Justice has a crucial role to play in this new diplomatic paradigm, to ensure legal
frameworks are updated to address these emerging challenges.
He assured that the Ministry is committed to collaborating with security agencies,
foreign affairs officials, the private sector, and civil society to build a comprehensive and effective strategy.
Fagbemi said: “You will agree with me that the 21st century has introduced a
paradigm shift in the nature of conflict, communication, and cooperation, demanding a fundamental transformation of traditional statecraft. The rise of a globally interconnected digital
landscape presents both unprecedented opportunities and complex challenges, rendering traditional diplomatic methods insufficient.
“As Nigeria’s Chief Law Officer, the Ministry of Justice is positioned to address this new reality with strategies that are proactive,
technologically astute, and ethically grounded.”
Nigeria Sets for Cyber, Digital Diplomacy, Creates Cyber Unit at Foreign Ministry
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