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[JUST IN] Fuel Subsidy: Petrol Marketers Forecast N900/Litre

 

…Petrol price to rise again as naira nears N1,000, crude oil hits $95, IPMAN warn

 

Lifestyle Nigeria gathered that The Federal Government may spend about N1.68tn as subsidy on Premium Motor Spirit, popularly called petrol, from September to December this year, an analysis of data provided by oil marketers and the sector has shown.

PMS dealers stated on Thursday that the pump price of petrol should be between N890 to N900/litre based on the fall of the naira against the United States dollar and the surge in the price of crude in the international market.

Petrol currently sells at between N598 and N617/litre depending on the location of purchase, fuelling suspicion that the commodity is being subsidised by the Federal Government.

The government and the NNPCL have not officially admitted that subsidy on petrol has been reintroduced. President Bola Tinubu had on May 29 announced ended the subsidy regime during his inaugural address.

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‘Yahoo boys’ clear N3.6m from Nigerian actress’ bank account

Suspected internet fraudsters commonly known as ‘yahoo boys’ have emptied the bank account of Nigerian actress, Shan George.

The actress, who recounted how she was duped of N3.6 million by the fraudsters, shared a screenshot of the debit alert on her Instagram account on Friday and sought help to recover the money.

In a Update shared on her Instagram account, George called on the Economic and Financial Crimes Commission (EFCC), the Nigerian police, and Zenith Bank to come to her aid.

“I need help cos I’m dy!ng. This person has just cleared my account.

“Pls my pple, everyone pls help. Pls Zenith Bank, Reverse it. I can’t access my app. I’m De@D”

”.. they have just wiped all the money in my account, 3.6 million into an Opay account.

“I am begging everybody, please Zenith bank, Opay, Abeg make una help me. I take God beg una.

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Stray Bullet Hits Journalist Inside Kano Government House

On Friday, Naziru Idris Yau, a journalist with Abubakar Rimi Television (ARTV), was hit by a stray bullet while inside the government house in Kano State.

Lifestyle Nigeria reports that the journalist was rushed to the Government House clinic immediately and treated for the injury caused by the bullet.

The medical personnel at the clinic stated that the journalist was lucky since the bullet was not shot at close range.

The police officers attached to the Government House have started investigating the source of the stray bullet, but the Kano State Government has yet to release an official statement regarding the incident.

The incident occurred on the 2024 World Press Freedom Day, highlighting the threats journalists face in Nigeria.

Currently, Daniel Ojukwu, a journalist with the Foundation for Investigative Journalism (FIJ), has been detained by the police over an allegation of “cybercrime” since May 1.

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Politics

How Govt Have Been Convening Meetings Over My Matter, Call Me Names– Peter Obi (Update)

Latest Politics updatein nigeria

 

Lifestyle Nigeria gathered that Former presidential candidate of the Labour Party, LP, Mr Peter Obi, has alleged that some agencies of the government are now calling him names and organizing town hall meetings over his matter.

Obi, however, said the development does not bother him, adding that many people would be shocked if they knew what he goes through everyday.

The former Anambra State governor made the statement on Friday in Canada while responding to questions about the last general election in nigeria.

“If I tell people, and I say it every day what I go through, you will ask me why am I in this thing. You will ask me why am I still doing this; who do you still have to bother? But I’m in it. Every now and then you see various agencies of government, tools of government, even when I am not running any election, calling me names every day. They now organize town hall meetings just for me. No problem. It doesn’t bother me. Let’s keep doing what we were doing. We did well. And we should be proud of it and continue in that trajectory”.

The LP’s presidential candidate was in Canada for a “thank you” tour to appreciate Nigerians living in the country for the support offered him during the 2023 campaign/ general elections.

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