The proposed return of Nigeria’s petrol subsidy regime could recreate the economic distortions that the policy was meant to eliminate, Dr Kazeem Bello, a global financial analyst and principal manager/CEO of Afrique Capital and Equity Funds Limited, has warned. He shared his thoughts with Pinnacle Daily in response to a pledge by the African Democratic …
Osun State Governor, Ademola Adeleke, on Thursday met with the Minister of the Federal Capital Territory, Nyesom Wike, in Abuja, hours after his meeting with President Bola Tinubu at the State House. The meeting was part of Adeleke’s consultations following his victory in the August 15 Osun State governorship election. A photograph of the meeting …
President Bola Tinubu has criticised former Vice-President Atiku Abubakar’s proposal to restore petrol subsidy if elected president in 2027, questioning how the programme would be funded. Atiku, the presidential candidate of the African Democratic Congress (ADC), had said he would bring back petrol subsidy if elected, arguing that the Tinubu administration had failed to account …
President Bola Tinubu has urged Osun State Governor, Ademola Adeleke, to see his re-election as a mandate to serve the people rather than a victory over his political opponents. Tinubu gave the charge on Thursday when Adeleke visited the State House, Abuja, to thank him for the conduct of the August 15 governorship election and …
The Dangote Petroleum Refinery has increased prices for both Premium Motor Spirit (PMS), also known as petrol, and Automotive Gas Oil (diesel), following a surge in global crude oil prices above $93 per barrel. The refinery raised its gantry price by ₦20 per litre, from ₦1,165 to ₦1,185 per litre. This represents a partial reversal of a …
Former Imo State Governor, Rochas Okorocha, has dragged the Independent National Electoral Commission (INEC) before the Federal High Court in Abuja over the publication of Governor Hope Uzodimma as the All Progressives Congress (APC) candidate for the Imo West Senatorial District in the 2027 election. Uzodimma and the APC are also listed as respondents in …
The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has promised to restore petrol subsidy if elected president in 2027. Atiku, who made the pledge in an interview on Wednesday, questioned how funds saved from the removal of the petrol subsidy had been utilised by the government. He said he did not oppose …
The Coalition for Whistleblower Protection and Press Freedom (CWPPF) has condemned the alleged assault, harassment and destruction of the mobile phone of the Editor of Pinnacle Daily, Sunday Michael Ogwu, by police operatives during a demolition exercise in Lugbe, Abuja. The coalition said that Ogwu was flogged with an electric cable after he attempted to …
Hundreds of thousands of vulnerable Nigerians could lose access to life-saving food, healthcare, nutrition and disease-control services before the end of 2026, as the United Nations warns that the country’s humanitarian response is facing a $159 million funding shortfall. The warning comes at a dangerous moment for millions already battling food insecurity, malnutrition, displacement and …
The Coalition for Whistleblower Protection and Press Freedom (CWPPF) is demanding immediate sanctions and a transparent investigation following a brutal attack on Mr Sunday Michael Ogwu, the Editor of Pinnacle Daily, a Nigerian online Newspaper, by operatives of the Nigeria Police Force and members of the Vigilante Group of Nigeria (VGN) in the Lugbe area …
