NEWS
Fuel Scarcity: Experts want FG Collaborate with Local Refineries
Some experts in oil and gas business have urged the Federal Government to collaborate with local refineries to process the daily allocation of 445,000 barrels of crude oil for domestic use, based on a tolling arrangement.The experts gave the advice in interviews on Monday in Lagos.
Report says that the advice is coming amid fuel scarcity in the country. Mr Rabiu Bello, Senior Independent Non-Executive Director at Seplat Energy Plc. , said that collaborating with local refineries would help the government to secure petroleum products needed for domestic consumption and allow export of excess products.Bello said that such a collaboration would enable the Dangote Petroleum Refinery and other local refineries to operate profitably and achieve over 65 per cent capacity utilisation without requiring substantial additional investments in crude oil supplies.He added that the Federal Government should conduct a forensic audit of NNPC/NNPCL’s financial records to assess the actual cost of importing and delivering petroleum products to Nigeria from 2012 to 2024.Mr Tunji Oyebanji, a member of the Major Oil Marketers Association of Nigeria, advocated full implementation of the Petroleum Industry Act (PIA).He said that PIA would allow market forces to determine petrol price and reduce financial burden on importers and local refineries.“Selling below cost is not sustainable.“If prices are set at an economic level, other suppliers might enter the market, improving supply and reducing financial strain.Mr Henry Adigun, an oil and gas consultant, also called for full implementation of the PIA to streamline operations in Nigeria’s downstream sector of Nigeria’s petroleum industry.Adigun said that the current fuel scarcity could be mitigated if the government could pay outstanding debts to importers and allow fuel prices to return to market levels.Mr Olufemi Soneye, Chief Corporate Communications Officer at NNPC Ltd., had, on Sept. 1, acknowledged that the company was facing financial strains due to high cost of petrol also known as Premium Motor Spirit (PMS).He said that the increased cost was affecting the sustainability of fuel distribution.Soneye gave the assurance that NNPC Ltd. remained committed to its roles and was working with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products.our correspondents who monitored the fuel situation within Lagos metropolis report that fuel price has surged as scarcity worsens.Many filling stations on Ikorodu Road, Agege, Iyana-Ipaja, Ikeja, Somolu, Bariga, Ogba and Surulere were closed due to petrol shortage.Also, long queues characterised few filling stations selling the product.Meanwhile, some motorists have expressed frustration at the persistent scarcity of PMS.They also decried the long queues at filling stations as well as increased black market sale of the product.At Ikorodu, Epe, Badagry, and Ibeju-Lekki, a litre of petrol sells for N940 and above.A Mobil filling station at Abule Egba sells petrol for up to N700 per litre.Mr Adesanya Tunde, Manager at Mobil Station at Abule Egba, said: “We couldn’t get enough supply, which is impacting our business and our customers.” We are doing our best to manage the situation, but it is challenging.”Mr Abiodun Ayeni, a Manager at a Conoil Station, blamed the increase on PMS pump price on scarcity of the product. (NAN)NEWS
COAS ON MAIDEN OPERATIONAL TOUR, CHARGES TROOPS TO ANNIHILATE INSURGENCY IN NORTH EAST
In a bold demonstration of renewed strategic resolve to stamp out insurgency and restore enduring peace to the North East, the Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, Nigerian Army Medal, today 6 November 2025, embarked on his maiden operational visit to the Joint Task Force (JTF) North East (NE), Operation HADIN KAI (OPHK) Theatre, Maiduguri, Borno State.
The visit, in line with the directive of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, His Excellency President Bola Ahmed Tinubu, GCFR, underscores the Nigerian Army’s reinvigorated drive to consolidate on the gains made in the counterterrorism and counterinsurgency operations towards total annihilation of terrorists in the NE.
Addressing troops at the Maimalari Military Cantonment, Lieutenant General Shaibu charged the trooos to sustain relentless pressure on the remnants of insurgents until total victory is achieved. He emphasized the imperative of decisively dealing with the insurgents to ensure normalcy in the region, while creating enabling atmosphere for socio-economic recovery and normalcy across the North East.
The Army Chief, who was on ground to assess the operational readiness of formations and units, reaffirmed his unwavering commitment to providing the necessary platforms, logistics and welfare incentives to enhance troop morale and combat efficiency. He pledged to uphold and strengthen the Soldier-First concept of his predecessor, ensuring the welfare of troops remain too priority, as he emphasized fairness, justice, professionalism and the strategic deployment of competent personnel to mission-critical assignments.
According to him, “The Nigerian Army under my command will leave no stone unturned, we will pursue this fight with renewed energy, clear focus and absolute dedication to end this menace once and for all.” he averred.
The COAS also paid a courtesy visit to His Royal Highness, the Shehu of Borno, Alhaji (Dr) Abubakar Ibn Umar Garbai Al-Amin Elkanemi, CFR, where he solicited continued prayers, intelligence support and cooperation from traditional institutions and citizens to complement ongoing military operations. He further assured the royal father of the Army’s capability and resolve to restore enduring peace and stability across Borno State and the wider North East corridor.
In his remarks, the Shehu of Borno commended the Nigerian Army for its gallantry, sacrifices, and humanitarian interventions, particularly during the flooding incidents, which he noted, the humanitarian services rendered can never be forgotten by the people. He lauded the Army’s efforts in restoring normalcy in the state, noting that no single Local Government Area in the state is presently under the control of terrorist elements. The monarch further pledged continued support through credible intelligence sharing and moral backing to ensure the total defeat of insurgency.
Highlights of the visit included an operational briefing at the Theatre Command Headquarters, commissioning of the Heroes Transit Accommodation at Maimalari Cantonment, groundbreaking ceremony for the construction of 4 x 30-family Corporal and Below quarters, inspection of combat platforms and visits to wounded-in-action personnel at the 7 Division Military Hospital and Services, as well as frontline troops deployed at Bama and adjoining sectors.
The visit marks a new phase in the Nigerian Army’s counterinsurgency posture, reflecting the COAS’s determination to recalibrate operational strategies and strengthen the force’s combat effectiveness towards restoring peace and stability in the region.
NEWS
New Army Chief, Shaibu Visits Maiduguri to Assess Security, Boost Troop Morale
From Muhammad Muhammad Al-amin, Maiduguri
The newly appointed Chief of Army Staff, Lt. Gen. Waidi Shaibu has embarked on an operational visit to Maiduguri, the Borno State capital, as part of efforts to evaluate ongoing security operations and motivate troops in the North East.
On arrival at the Maiduguri Air Force Base, Shaibu was received by the Theatre Commander of Joint Task Force North East, Operation Hadin Kai, along with other senior military officers. During the visit, the Army Chief is scheduled to commission several developmental projects within the Theatre Command and receive comprehensive briefings from sector commanders on the current security situation in the region. He will also address frontline troops to commend their efforts and encourage renewed commitment in the fight against insurgency.The visit marks Shaibu’s first official engagement since his appointment by President Bola Tinubu as Chief of Army Staff, succeeding Lieutenant General O. Oluyede, who now serves as Chief of Defence Staff.As a former Theatre Commander of Operation Hadin Kai, General Shaibu is expected to draw on his extensive experience in the North East to further strengthen military operations and consolidate gains made in the fight against terrorism.NEWS
Fadahunsi, Oyetola, Alkali, Keyamo Meet, Strategise APC 2027 Election Victory
From Ayinde Akintade, Osogbo
Ahead of the 2027 general election, Sen. Francis Adenigba Fadahunsi representing Osun East Senatorial District and Chairman of the Senate Committee on Industries, held strategic meetings with key political figures to discuss the party’s roadmap and President Bola Tinubu’s re-election bid.
According to, Fadahunsi’s Head of Media and Public Enlightenment, Omole Oluwasegun Omo-Osodi, in a press statement in Osogbo, the Osun State capital, Fadahunsi met with Alhaji Gboyega Oyetola, immediate past governor of Osun State and current Minister of Marine and Blue Economy. The meeting focused on strengthening the All Progressives Congress (APC) in Osun, the implementation of the Electoral Act, the upcoming general election, and continuous voter’s registration efforts.Expressing admiration for Oyetola’s leadership, Fadahunsi said, “I commend our leader, HE Alhaji Adegboyega Oyetola, for his exemplary leadership and dedication.”They also discussed the forthcoming Osun governorship election, with confidence that the party primaries will be peaceful and that all aspirants will abide by party rules.Fadahunsi called on all party aspirants to maintain peace and decorum in their campaigns, commending their conduct so far: “I sincerely commend all our party aspirants for their peaceful campaigns and respect for party regulations.”In addition, Senator Fadahunsi visited Senator Sai’du Ahmed Alkali, Minister of Transport, and Honorable Festus Keyamo, Minister of Aviation, urging their support for President Tinubu’s 2027 re-election campaign.
