NNPC Hikes Petrol Price Again as Marketers Worry Over Dangote’s Dollar Sales

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July 22, 2026

July 22, 2026 | Abuja

The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, PMS, again, sparking fresh concern among Nigerians and fuel marketers.

The latest adjustment comes amid growing anxiety in the downstream sector following reports that Dangote Refinery has switched petroleum product sales from naira to dollars.

Industry sources said the price hike reflects rising global crude costs and pressure on the foreign exchange market. Independent marketers said the move will further strain businesses already battling thin margins.

The development is also tied to global market disruptions. Oil prices rose above $91 per barrel on Wednesday after Houthi threats in the Red Sea and escalating conflict in the Middle East.

Analysts say the shift to dollar-denominated sales by Dangote Refinery could deepen forex pressure and lead to more frequent price changes at the pump if NNPCL matches the pricing model.

The Central Bank of Nigeria on Tuesday kept interest rates at 26.50%, citing global uncertainties from the Middle East war as a key factor.

The Nigeria Labour Congress and other civil society groups have called on the federal government to urgently provide relief measures, warning that repeated fuel price increases are worsening cost-of-living pressures.

NNPCL has not released an official statement on the new pump price template. Motorists in Abuja, Lagos and Port Harcourt reported queues at some stations on Wednesday morning as consumers rushed to buy ahead of further adjustments.

Abia Secures $145m PPP Deal for Solar Manufacturing Plant

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Queen Madu

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July 19, 2026

July 17, 2026 | Umuahia

The Abia State Government has signed a Public-Private Partnership agreement to attract a $145 million solar manufacturing investment into the state.

Governor Alex Otti announced the deal on Thursday in Umuahia, saying the project will be sited in the Aba Special Economic Zone. He described it as part of the administration’s push to position Abia as a hub for clean energy and industrial growth in Nigeria.

Under the PPP arrangement, the state government will provide land, tax incentives, and regulatory support, while the private investors will fund, build and operate the solar manufacturing facility. The plant is expected to produce solar panels, inverters, batteries and other components for both domestic use and export.

Otti said the investment will create over 2,000 direct jobs and more than 5,000 indirect jobs during construction and operations. He added that it will also reduce Abia’s reliance on the national grid and support the state’s energy reform agenda, especially for SMEs in Aba and other industrial clusters.

“This is not just about electricity. It is about jobs, about industry, and about making Abia the energy capital of the Southeast,” the governor said. “With reliable power, our factories can run 24 hours and our products can compete globally.”

The investors, a consortium of local and foreign renewable energy firms, said the project will have an initial production capacity of 500 megawatts per year, with plans to scale to 1 gigawatt. They cited Abia’s business-friendly policies, access to ports, and growing SME base as key reasons for choosing the state.

The Commissioner for Power and Public Utilities, Kingsley Opara, said the state is also working on mini-grid and embedded power projects to complement the manufacturing plant and ensure steady supply to communities.

Stakeholders in Aba’s manufacturing sector welcomed the deal, saying stable and cheaper power will lower production costs for shoe, garment and steel businesses in the city.

Work on the facility is expected to begin in the fourth quarter of 2026, with phase one targeted for completion in 2028.

Appeal Court Restores INEC 2027 Election Timetable

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Queen Madu

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July 17, 2026

July 17, 2026 | Abuja

The Court of Appeal has restored the 2027 election timetable released by the Independent National Electoral Commission, INEC, setting aside a Federal High Court judgment that had earlier nullified parts of it.

In a judgment delivered on Thursday, the appellate court held that the Federal High Court lacked the jurisdiction to interfere with INEC’s constitutional powers to organize, undertake and supervise elections in Nigeria.

The panel ruled that INEC acted within its mandate under the 1999 Constitution and the Electoral Act 2022 when it released the timetable and schedule of activities for the 2027 general elections. It said political parties and other interested parties seeking to challenge the timetable must do so through the proper legal channels and at the appropriate time.

INEC had in 2025 published timelines for party primaries, campaigns, and the conduct of presidential, governorship, National Assembly and state assembly elections slated for 2027. A group of political actors later approached the Federal High Court, arguing that some timelines were too short and violated internal democracy provisions.

The Federal High Court in an earlier ruling nullified aspects of the timetable. INEC appealed the decision, describing it as an encroachment on its independence.

With the Appeal Court’s decision, the commission said it will proceed with preparations for the 2027 polls in line with the restored timetable. The chairman of INEC, Prof. Mahmood Yakubu, said the commission remains committed to credible, transparent and timely elections.

Political parties have been urged to align their activities with the reinstated schedule, which includes party congresses and primaries beginning in the second quarter of 2026.

Legal analysts said the judgment reinforces INEC’s autonomy and limits judicial interference in the electoral process ahead of the 2027 general elections.

Atiku Questions ₦6.44bn World Cup Budget Linked to PFIPC Scandal

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Queen Madu

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July 17, 2026

July 17, 2026 | Abuja

Former Vice President and ADC presidential candidate, Atiku Abubakar, has raised questions over a ₦6.44 billion budget allegedly earmarked for the 2026 World Cup under the controversial Presidential Foreign Intervention Promotion Council, PFIPC.

Atiku’s comments come amid growing scrutiny of PFIPC after police uncovered what authorities described as a forgery syndicate operating under the name. The EFCC has linked the group to 34 bank accounts and alleged fraudulent activities carried out in the name of the federal government.

The ₦6.44 billion World Cup budget, according to documents circulating online, was said to have been proposed by PFIPC for Nigeria’s participation and preparations for the 2026 FIFA World Cup. Atiku said the figure raised red flags given the lack of transparency around PFIPC’s mandate and operations.

In a statement on Thursday, Atiku asked the federal government to explain how PFIPC arrived at the budget, who authorized it, and why a body not recognized in the national budget structure was handling World Cup preparations. He also demanded an independent audit of all funds linked to PFIPC.

The development has added to pressure on the government following the Chief of Staff to the President, Femi Gbajabiamila, filing a ₦15 billion defamation suit against one Adeniyi Adeyemi, who allegedly paraded himself as “DG of PFIPC.” Gbajabiamila denied any link between the presidency and the group.

Security agencies said investigations into PFIPC are ongoing. The police described it as a “presidential foreign intervention” entity allegedly used to defraud individuals and organizations.

The Ministry of Sports has not commented on whether it recognizes any PFIPC role in World Cup planning. The Nigeria Football Federation said all official preparations for the 2026 tournament are being handled through established government channels.

Civil society groups have called for a full probe into PFIPC and any budget lines tied to it, warning that unvetted bodies should not be allowed to commit public funds.

Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Malami

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Queen Madu

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July 15, 2026

July 14, 2026 | Abuja

The Federal High Court in Abuja has ordered the final forfeiture of 48 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, to the Federal Government.

Justice Joyce Abdulmalik delivered the judgment on Wednesday following an application filed by the Economic and Financial Crimes Commission, EFCC. The court held that the EFCC had shown the assets were reasonably suspected to have been acquired through proceeds of crime and not from lawful income.

The judge said Malami, who served as Justice Minister from November 11, 2015 to May 29, 2023 under former President Muhammadu Buhari, failed to rebut the reasonable suspicion that the properties were acquired through unlawful activities. The court dismissed arguments that some of the properties belonged to the larger Malami family in Kebbi State, stating that the issue was not ownership but the legitimacy of funds used to acquire them.

The ruling was made under Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act. It followed an interim forfeiture order granted on July 1, which gave interested parties 14 days to show cause why the assets should not be permanently forfeited. That deadline expired on Tuesday.

The EFCC had initially sought the forfeiture of 57 properties it said were traced to the former minister. The court, however, found credible evidence establishing genuine ownership of nine of the listed properties and ordered the final forfeiture of the remaining 48. Assets listed include a luxury duplex in Abuja, a university campus, an agro-allied factory, hotels, schools, filling stations and other buildings mostly located in northern Nigeria. The properties were earlier valued at over N212 billion.

Malami is currently facing 16 counts of money laundering and conspiracy before the EFCC. He has pleaded not guilty.

The court directed that the forfeited properties be permanently seized by the federal government.

Reps Withdraw State Police Bill, Say Executive Proposal Will Be Adopted Instead

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Queen Madu

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July 14, 2026

July 14, 2026 | Abuja

The House of Representatives has withdrawn the State Police Bill and said it will now work with an executive proposal on policing reforms.

House leaders announced the decision during plenary on Tuesday, noting that the move is to avoid duplication and ensure alignment between the legislature and the executive. They said the executive proposal is expected to provide a more comprehensive structure for state-level policing while addressing concerns around funding, oversight, and constitutional amendments.

The State Police Bill had sparked wide debate. Supporters argued it would help tackle kidnapping, banditry and other crimes at the community level. Critics raised concerns about possible misuse by state governors and the cost of implementation.

The House said it will review the executive proposal once it is formally transmitted to the National Assembly. Lawmakers added that any new policing model must include clear safeguards, accountability mechanisms, and collaboration with existing federal security agencies.

The withdrawal comes amid renewed calls for security reforms following recent abductions and attacks in several states. On Monday, troops of Operation Enduring Peace rescued seven travellers abducted along the Riyom highway in Plateau State.

Civil society groups have urged the National Assembly to ensure public consultations before passing any new policing law.

This is a developing story.

ADC and ICPC Clash Over El-Rufai Hospital Visits and Detention Conditions

By

Queen Madu

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July 8, 2026

July 8, 2026 | Abuja

The African Democratic Congress, ADC, and the Independent Corrupt Practices and Other Related Offences Commission, ICPC, are in a public clash over the treatment and detention conditions of former Kaduna State governor, Nasir El-Rufai.

The dispute comes amid ongoing investigations involving the former minister and APC chieftain.

The ADC accused the ICPC of denying El-Rufai proper access to medical care and of subjecting him to unfavorable detention conditions during hospital visits. The party described the situation as “inhumane” and called for respect for due process and the rights of suspects.

The ICPC dismissed the allegations, stating that all procedures followed were in line with standard protocols for persons under investigation. The commission said it remains committed to professionalism and that no suspect is denied access to necessary medical attention.

El-Rufai has been in the spotlight over corruption-related probes linked to his time in office. He recently featured in political consultations ahead of 2027, including a reported meeting with ADC vice-presidential candidate Rotimi Amaechi.

The back-and-forth has added to tensions between opposition parties and anti-graft agencies, with ADC urging transparency while ICPC insists it is operating within the law.

No charges have been formally announced by the ICPC as of press time. Both sides say they will continue to brief the public.

This is a developing story.

FG Denies Spending ₦8tn Outside Budget, Blames Misinterpretation of IMF Report

By

Queen Madu

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July 8, 2026

July 8, 2026 | Abuja

The Federal Government has denied reports that it spent ₦8.83 trillion outside the 2026 national budget, describing the claims as a misinterpretation of the International Monetary Fund’s Article IV report.

The clarification came amid public outcry and criticism from opposition figures who alleged that a huge chunk of 2025 expenditure was not captured in the budget.

Former presidential candidate Peter Obi had alleged “grand corruption,” claiming that about ₦8.83 trillion in 2025 government expenditure was not reflected in the national budget.

Government officials said the figure cited was not an “off-budget spending” but rather a misreading of data and classifications in the IMF’s Article IV consultation report. They insisted all government spending for 2025 was within appropriated provisions and subject to audit.

The denial follows other major fiscal disclosures this week. The Group Chief Executive Officer of NNPC Limited, Engr. Bayo Ojulari, disclosed that the company remitted ₦19.5 trillion to the Federation Account between April 2025 and June 2026. The Nigeria Customs Service also reported generating ₦7.277 trillion in 2025, exceeding its target by 10.24%.

The controversy comes as the Federal Government pushes to improve transparency in public finance and as ministries present proposals for the 2026 budget. The government urged the public and media to verify fiscal data with official sources before drawing conclusions.

No evidence of unauthorized expenditure has been presented by the government, and officials said relevant agencies including the Office of the Accountant General and the Auditor General will provide further breakdowns if required.

This is a developing story. Updates will follow.

UN’s Warning on Northern Nigeria’s Food Crisis

By

Queen Madu

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July 4, 2026

The recent report from the UN about the impending food crisis in northern Nigeria is disheartening, more so because it is avoidable. Northern Nigeria is the nation’s food basket, and nothing short of incompetent and irresponsible leadership could have created this tragedy.

In a recent post on my X handle, I urged our national leaders to reassess their priorities and address the dire circumstances facing our citizens. I called on the Federal Government and state leaders to move beyond mere political discourse and make transparent, upfront investments to secure agricultural corridors, support smallholder farmers with accessible resources, and collaborate vigorously with organisations like the World Food Programme (WFP) to bridge funding gaps before this crisis escalates and claims more lives, especially those of children.

A prosperous Nigeria, free from hunger, is achievable, but it requires leadership that prioritises the welfare of its citizens.

I am deeply troubled by the latest report from the UN’s World Food Programme, indicating that northern Nigeria is experiencing its most severe hunger crisis in nearly a decade. Over 17 million people in nine northern states face crisis-level hunger, with more than 35 million Nigerians nationwide at risk during this challenging season.

The fact that over 10,000 residents of Borno State have entered “catastrophic” hunger conditions represents not only immense human suffering but also a profound national failure. Nigeria should not rank among the world’s hungriest nations, given its abundant resources, particularly the vast stretches of fertile, uncultivated land in the North.

This food crisis stems from two critical structural failures: insecurity and farmers’ inability to access their lands. Banditry and insurgency have turned agrarian communities into displacement zones. Until we secure our agricultural areas, we cannot secure our future.

Our global hunger ranking continues to worsen because of our proclivity for adopting superficial measures that do little to boost agricultural productivity or transform rural infrastructure. We need to adopt policies that address the structural barriers to agricultural productivity and transform our land resources into agro-industrial output. We can overcome hunger and poverty if we urgently shift our focus from consumption to production.

A New Nigeria, devoid of hunger and mass poverty – a Nigeria where we transform our arable land into productive acreage – remains attainable, but it demands leadership that prices the lives and livelihoods of the Nigerian people above grandiose road dualisation projects.

A New Nigeria is POssible.

– PO

Ex-Minister Uche Nnaji Arrested Over Alleged Certificate Forgery Probe

By

Queen Madu

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July 2, 2026

July 1, 2026 | Enugu

The Department of State Services, DSS, has arrested former Minister of Science, Technology and Innovation, Uche Nnaji, at the Akanu Ibiam International Airport, Enugu, over an ongoing probe into alleged certificate forgery.

DSS operatives picked up Nnaji on Tuesday as he arrived at the airport. While the agency has not issued an official statement, sources familiar with the matter said the arrest is linked to investigations into discrepancies in academic credentials submitted during his public service.

Nnaji, a prominent All Progressives Congress, APC, chieftain in Enugu State, served as minister under President Bola Tinubu’s administration. He was also the party’s governorship candidate in the 2023 general elections.

The DSS has yet to confirm charges or provide details of the allegations. Efforts to reach Nnaji’s media team for comment were unsuccessful as of press time.

The arrest comes amid renewed scrutiny of public officials’ academic records. If confirmed, this would mark one of the most high-profile certificate forgery cases involving a former cabinet member.

This is a developing story. The DSS is expected to release a formal statement in the coming hours.