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Petrol Hits N1,430 In Abuja As Strait Of Hormuz Crisis Worsens

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Many filling stations across the Federal Capital Territory (FCT) have continued to increase the pump price of Premium Motor Spirit (PMS), popularly known as petrol.

 

The latest adjustment followed an N85 increase in Dangote Petroleum Refinery’s gantry price, from N1,265 to N1,350 per litre, amid a surge in global crude oil prices.

This represents a 6.7 per cent increase and takes the refinery’s wholesale price above the current petrol landing cost of N1,311 per litre.

Bent crude, the benchmark for Nigeria’s oil, was trading at about 107.92 dollars per barrel, and now to 108.21 dollars per barrel.

The increase has intensify pressure on downstream operators and triggered further adjustments in petrol prices across the FCT.

The implication is that motorists could face higher prices at filling stations in the coming weeks, higher cost of transportation and more financial burden on households.

Checks by the News Agency of Nigeria (NAN) on Sunday in Abuja showed that some filling stations had started adjusting their petrol prices upward, with motorists paying more for the product.

NAN observed that MRS retail outlets increased pump price from N1,350 to N1,395 per litre, while NIPCO retail outlets raised pump price from N1,350 to N1,430 per litre.

Mobil outlets also increased from N1,350 to N1,400 per litre.

A petrol attendant at an MRS filling station, who pleaded anonymity, said the price of fuel could increase further from tomorrow.

“We are currently selling our old stock at N1,395 per litre, but from tomorrow, once the new stock arrives, the price will be higher,” she said.

Dr Aliyu Ilias, an economist and development expert, said the latest increase in petrol prices could worsen inflation and deepen economic hardship for Nigerians.

Illias said the increase in petrol prices would likely translate into higher transportation and production costs, particularly for food and other essential commodities.

“I think there should be a way of absorbing these costs. If you do not absorb them, they will show up in our next inflation figures and economic analysis.

“The more prices increase, the more the cost of producing goods, especially food, will rise because everything is affected by transportation costs.

“This kind of change is not good for the economy at all, and people are going to face more hardship as a result,” he said.

Mr Owei Lakemfa, the former Secretary-General of the Organisation of African Trade Union Unity (OATUU), said Nigeria must shield consumers from the impact of global oil price fluctuations.

Lakemfa said that the country should strengthen its economic planning and regulatory framework to d this.

According to him, a country like Nigeria, which produces crude oil and has a large population, should put measures in place to protect its citizens from sudden increases in the price of petroleum products.

“The ongoing geopolitical tensions involving major oil-producing and consuming countries, as well as attacks in the Middle East, are factors that can affect global oil prices and should not come as a surprise to policymakers.

“We have known that the conflict between the U.S. and Iran will affect the shipping of oil products. We know that.

“In basic economics, when you are close to the source of your products, you have advantages. If we produce oil in Nigeria, refining in Nigeria can not be the same as importing fuel. It can not be,” he said.

He said that importing refined petroleum products comes with additional costs, including labour, insurance, shipping and other expenses incurred in the exporting country.

He called for stronger planning and regulation, adding that domestic fuel prices should not automatically rise whenever there is a geopolitical crisis abroad.

“It can not just be that any time Iran attacks the U.S. or there is another conflict, the price goes up. We have to plan. And that is the only sense of governance,” he said.

He also expressed concerns about the structure of Nigeria’s downstream petroleum market, noting that it had elements of oligopoly and monopoly that could make it easier for major players to influence prices.

According to him, regulatory agencies must prevent any individual or group from having excessive influence over the price of a critical commodity such as petrol.

“You can not allow any individual or group to dictate to the country. That is why you have regulatory agencies. The government is there to protect the state and the people,” he said.

Lakemfa urged the Federal Government and consumer protection agencies to take stronger action against arbitrary price increases.

He said that changes in global oil prices should not automatically translate into equivalent increases in domestic petrol prices.

He further said that effective regulation and forward planning were necessary to protect consumers and prevent further economic hardship.

The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike, said marketers reviewed their pump prices following a series of adjustments by Dangote refinery.

Ukadike said the frequent price changes were creating uncertainty for both marketers and consumers, as the cost of replacing products could change.

 

(NAN)

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Tragic: Police Corporal Kills Female Colleague, Commits Suicide In Kogi

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A police corporal allegedly shot and killed his female colleague before turning the gun on himself during night duty at ASCO Camp in Ajaokuta Local Government Area of Kogi State.

 

The incident, which occurred at about 11.04 p.m. on Friday, October 23, claimed the lives of Corporal Amos Yusuf and Woman Corporal Grace Onimisi.

The Kogi State Police Command, which confirmed the incident in a statement issued in Lokoja yesterday by its spokesperson, ASP Salifu Oyiza Oyiza Afusat, said both officers were taken to separate medical facilities, where they were confirmed dead.

According to the statement, the Divisional Police Officer (DPO) in Ajaokuta led a team of officers to the scene after the incident was reported.

“Preliminary findings indicate that Corporal Amos Yusuf, who was on night duty, shot Woman Corporal Grace Onimisi and thereafter shot himself,” the statement said.

It added that the remains of the deceased officers had been deposited at the mortuary of ASCO Hospital.

The police said an AK-47 rifle and four expended cartridges were recovered at the scene as exhibits.

The case has since been transferred to the State Criminal Investigation Department (SCID) for an in-depth investigation to establish the circumstances surrounding the incident.

“The circumstances and motive remain subjects of investigation, and the command will not speculate on matters yet to be established,” the statement added.

The Commissioner of Police, Naziru Bello Kankarofi, expressed condolences to the families, colleagues and loved ones of the deceased officers.

The command said it would provide verified updates as the investigation progresses.

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Ogun TRACE Launches Operation Safe Roads 2026 Over Ember Months Crashes

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As part of its ember months traffic management strategy, the Ogun State Traffic Compliance and Enforcement Agency (TRACE) has launched Operation Safe Roads 2026 to reduce road accidents, fatalities and traffic congestion across the state from September to December.

 

The initiative, tagged “Safe Roads • Safe Drivers • Safe Vehicles • Safe Communities,” aims to intensify traffic law enforcement, enhance emergency response services and encourage responsible driving practices during the ember months.

The ember months is a period from September to December, which are usually characterised by increased travel for commercial, social, religious and festive activities, hence the establishment of the operation to curb crashes and enhance safety.

TRACE’s Most Senior Commander, Elias Omonayajo, said at the weekend that the initiative was launched to enhance road safety, ensure smoother traffic movement and encourage motorists to comply with established traffic regulations throughout the ember months.

Omonayajo said that the campaign, themed “Think Safety First, Act Safely Always, Return Home Safely Every Day,” would target major highways, urban centres, accident-prone areas and key transport corridors across Ogun State.

He explained that the operation would employ a coordinated, intelligence-driven and service-focused strategy, with personnel stationed at strategic locations to prevent avoidable road accidents and ensure swift responses to emergencies.

The commander explained that the agency would strengthen monitoring and enforcement measures against traffic offices identified as major causes of road accidents and traffic congestion.

He said that offenders would be penalised for violations susch as over-speeding, reckless driving, street racing, dangerous overtaking and other unsafe driving practices that could endanger the lives of the motorists and other road users.

Omonayajo said that the operation would also target unroadworthy vehicles, faulty tyres, defective braking systems, overloaded vehicles, improperly secured cargo and other mechanical defects that could compromise road safety.

He said that motorists found driving under the influence of alcohol or drugs, using mobile phones behind the wheel, operating vehicles without valid documents, driving against traffic or flouting lane discipline would face stricter enforcement measures.

The commander said that the operation also focused on clamping down on other traffic violations, including failure to use seat belts, dangerous U-turns, disobedience to traffic signals, unauthorised driving on road shoulders, illegal parking, and improper loading and off-loading of passengers or goods.

He said that the agency would move against roadside trading and other activities that obstruct traffic movement, particularly around markets, motor parks, commercial centres and busy urban roads.

Omonayajo explained that the measures were intended not merely to punish offenders but also to prevent avoidable accidents, protect pedestrians and motorists, and ensure that roads remain accessible to emergency responders.

He said that priority would be given to areas including the Lagos-Ibadan Expressway, Abeokuta metropolitan corridors, interstate routes, major entry and exit points, accident black spots, motor parks, markets, commercial centres, major intersections and religious or event centres.

The commander said that high-risk locations are expected to receive round-the-clock or extended-hour coverage where necessary, particularly during periods of heavy traffic and increased movement of people and goods.

He added that the operation would feature round-the-clock patrols, rapid-response and accident-response units, traffic control teams, intelligence and public enlightenment units, as well as recovery and towing coordination teams.

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Death Toll Of Plateau Gunmen Attack Rises To Seven

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The death toll of four people and other injured people from the gunmen attack on Friday night in Dorowa Babuje community in Barkin Ladi council of Plateau State has risen to seven.

 

It was alleged that gunmen stormed the community around 11pm and first attacked the vigilantes keeping watch over the area and killed four of them instantly , leaving others injured.

It was reported that the attack forced the residents to flee in different directions.

According to report,the vigilantes were protecting the community when the attackers struck and killed four of the vigilantes and six others were seriously injured as the local vigilantes could not match the superior fire power of the gunmen.

The incident was also confirmed by the National Publicity Secretary of Berom Youth Moulders Association (BYM) Rwang Tenhwong .

Condemning the killings,he described it as very unfortunate that community members keeping watch over their area had been targeted and massacred like that .

According to Tengwong, “We are deeply saddened by this latest attack and call on the relevant security agencies to urgently investigate the incident and ensure that those responsible are brought to justice.

He was very sympathetic, saying that residents could not continue to live in fear while those who volunteer to protect them are being attacked and killed.

Reports also indicate that out of those seriously injured during the Friday attack ,three of them later died in the process bringing the overall number of those who were killed in the process to seven.

According to the report, a resident of the area, simply named Mamuda, said three corpses were later brought from the community bush.

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