Nigerians groan as new Petrol pump price raises cost of living
Nigerians groan as new Petrol pump price raises cost of living
Some Nigerians are complaining about the high cost of living occasioned by the recent hike in the pump price of petrol.
They spoke with the News Agency of Nigeria (NAN) on Sunday in Abuja.
An economic expert, Dahiru Garba, said that the fuel price hike from N897 per litre to N1, 030 per liter will push more Nigerians into poverty.
Garba said that the sudden increase in the pump price of petrol by the Nigeria National Petroleum Company Limited (NNPC Ltd.) and marketers was beyond a simple fuel price adjustment.
He said that it would have a far-reaching impact on Nigeria’s private sector, trade and the already suffering Nigerian masses.
He said that without government interventions, the economic and social repercussions of the price hike would be severe and long-lasting, pushing more people into poverty.
“What we will witness is the immediate high cost of transport, which will lead to higher cost of food, businesses will suffer, some may fold up and inflation will rise.
“In the long term, it could pose challenges for small and medium-sized enterprises (SMEs) and the agricultural sector,” he said.
He urged the Federal Government to acknowledge these implications and consider measures to reduce the impact.
He suggested targeted incentives for energy efficiency, a halt to wasteful expenditure, and reducing cost of governance.
“Without such interventions, the economic and social repercussions of this price hike could be severe and long-lasting, pushing more people into poverty,” he said.
A retired widow, Mary Chatta, complained about the high cost of living.
“ My children are not working, they still depend on my pension which has not been increased according to the minimum wage act.
“Imagine buying one bag of rice for over N100,000. We no longer feed daily, I am scared and I do not know how I will survive,” Chatta said.
She urged the government to look into the economic situation in the country.
“I know that the government can do something for the masses to make it easier, but pensioners also have to survive.” Chatta said.
A frozen food trader, Mrs Oyiza Malik, said that the increase in petrol prices has added to her transportation cost.
“I am struggling to afford necessities like food and rent. I am finding it difficult to balance my budget,
“We expected so much from this government, but what we are seeing now is the least we expected.
“The situation is even more dire for low-income households who are already struggling to survive on meager earnings,” she said.
A taxi driver, Emeka Uzor, said that the price hike had taken away the little savings he had, as he no longer make profit.
“ I will just stop this business and look for something else to do.
“Passengers have been complaining that the price of transport is too high, but what choice do we have when we are buying fuel for N1,250 per litre.
“From Banex to Gwarimpa is now N500 and it used to be N200, from Kubwa to Berger between N1,000 to N1,500 which is not supposed to be so,” Uzor said. (NAN)
News
Police operatives rescue 13 victims kidnapped along Benin-Lagos expressway
Police operatives rescue 13 victims kidnapped along Benin-Lagos expressway
The police command in Edo has rescued all 13 passengers abducted by suspected kidnappers along the Benin-Lagos expressway, following a coordinated operation involving aerial surveillance, drones and bush-combing tactics.
The command’s spokesperson, ASP Eno Ikoedem, disclosed this in a statement issued on Saturday in Benin City.
Ikoedem said the passengers were abducted on May 9 at Ogua Community along the Benin-Lagos road when armed hoodlums attacked a commercial bus belonging to Young Shall Grow Motors travelling from Akwa Ibom to Lagos.
According to her, a female passenger sustained gunshot injuries during the attack.
Ikoedem stated that the command immediately launched coordinated rescue and bush-combing operations after the incident.
“Following the incident, the command immediately launched coordinated rescue and bush combing operations, rescuing five passengers comprising two adults and three children, and has remained on the trail of the kidnappers,” she said.
The police spokesperson further disclosed that operatives, through intelligence-driven policing and technological support, engaged the kidnappers in a gun duel on May 10 and rescued two additional victims.
“Through the deployment of drones, aerial surveillance, intelligence-driven policing and sustained technological support, operatives of the command engaged the kidnappers in a gun duel and successfully rescued two additional passengers,” she said.
Ikoedem said the remaining six abducted passengers had now been rescued unhurt.
She quoted the state Commissioner of Police, Monday Agbonika, as commending the courage and resilience of the operatives involved in the operation.
The commissioner, according to her, assured residents that the command remained committed to apprehending the perpetrators.
“The command is not relenting in its efforts as intensive bush combing operations are ongoing to apprehend the perpetrators of this crime,” the commissioner said. (NAN)
News
Ganduje’s Son dumps APC, joins Kwankwaso in NDC, to contest House of Reps in Kano
AbdulAziz Abdullahi Umar Ganduje, son of former National Chairman of the All Progressives Congress, Abdullahi Umar Ganduje, has entered the race for the House of Representatives seat representing Dawakin Tofa/Tofa/Rimin Gado Federal Constituency in Kano State.
The development is generating fresh political attention in the state amid reports that AbdulAziz has distanced himself politically from his father’s camp and aligned with former Kano State governor, Rabiu Musa Kwankwaso.
His decision to contest under Kwankwaso’s political structure is being seen by observers as a major shift in Kano politics, considering the long-standing rivalry between the APC and the Kwankwasiyya movement.
AbdulAziz reportedly purchased the nomination form for the federal constituency seat ahead of the forthcoming elections.
A viral video circulating online also showed him explaining his political mission to Kwankwaso, further fueling speculations about his full integration into the former governor’s political camp.
With the latest move, political analysts believe the contest for the Dawakin Tofa/Tofa/Rimin Gado seat could emerge as one of the fiercest National Assembly battles in Kano State.
AbdulAziz is expected to square off against the APC candidate in a contest already attracting widespread political interest.
The development also comes as the New Democratic Coalition, recently joined by Kwankwaso after his reported defection from the African Democratic Congress, continues to expand its influence across Kano State ahead of the elections.
News
You can’t stay within our party and wish us bad luck, APC warns ex-Gov Fayemi over utterances
You can’t stay within our party and wish us bad luck, APC warns ex-Gov Fayemi over utterances
The National Secretary of the All Progressives Congress (APC), Ajibola Basiru, has warned former Ekiti State governor, Kayode Fayemi, against making comments capable of undermining the ruling party, saying the APC may sanction him for alleged anti-party activities.
Basiru’s reaction followed recent remarks by Fayemi during an interview on State Affairs with Edmund Obilo, where the former governor criticised the direction of the APC and warned of possible internal crisis within the party.
In the interview, Fayemi said the ruling party had departed from the ideals upon which it was founded and was gradually losing its ideological focus and internal culture of debate.
“This is not where the party has come from. We have lost our bearing and the vision of the founding fathers of this party,” Fayemi stated.
He also expressed concern over what he described as the growing culture of political endorsements and consensus arrangements within the APC, warning that such developments could create discontent among party members.
“It would be unfortunate if everybody is running to Aso Rock because they want something,” he said.
“Those who don’t get consensus won’t be happy… and you’re waiting for an implosion.”
Responding to the comments, Basiru dismissed Fayemi’s concerns and suggested the former governor should leave the APC if he no longer believes in the party.
“We urge him that since he so much despises the party and wishes the party an implosion, he should go to where whatever he thinks his best ideas can be ventilated,” Basiru told Punch.
“We wish him the best of luck, but he should not stay within our party and be wishing us bad luck. He should go to another political party if he no longer believes in the party he represents.”
The APC national secretary further warned that the party would not ignore statements or actions considered harmful to its political interests.
“Let him go and join another party. If he does not join another party, the APC will not hesitate to invoke disciplinary actions to sanction him for anti-party activities,” he said.
Basiru also linked Fayemi’s remarks to ongoing political realignments ahead of the 2027 general elections, alleging that the former governor had been associating with opposition figures.
“His statement only further confirmed what Mr Rotimi Amaechi said, that he was one of those who agreed to form opposition against the APC,” Basiru said.
“We also have it on good authority that he and some of his followers have been hobnobbing with opposition elements, particularly ahead of the Ekiti governorship election.”
He added that Fayemi’s criticisms were coming at a sensitive period when the APC was preparing for the Ekiti governorship election and conducting party primaries.
“Even at this time that the party is conducting its primaries and making preparations for the all-important Ekiti governorship election, it only shows a design to demarket the party ahead of that election,” Basiru stated.
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