“Fuel Price to Be Slashed”, Buhari’s Aide Ahmad Speaks

• Nigerians will be expecting a new fuel pump price as a former presidential aide claims fuel pump price may drop
• The price of fuel at filling stations across the country is around N1,000 per litre to N1,300 per litre
• Ex-presidential adviser Bashir Ahmad disclosed on Tuesday, November 12, that fuel price may be reduced

TheTalk.NG journalist Ridwan Adeola Yusuf has over nine years of experience covering governance in Nigeria.

Kano, Kano state – Bashir Ahmad, the digital communications assistant to former President Muhammadu Buhari, on Tuesday, November 12, said the price of petrol is “likely to be slashed”.

Ahmad who said this on his verified X (formerly Twitter) handle did not however provide details.

New fuel price is expected at filling stations in Nigeria.
Photo credit: Bloomberg/contributorSource: Getty Images

He wrote in a terse post:

“The price of PMS is likely to be slashed.”

TheTalk.NG reports that the price of petrol is a sensitive issue in Nigeria because many households and small businesses use it to power generators and also due to challenges related to electricity supply.

Surging fuel prices in the country are making it unaffordable for some workers to commute to their jobs, forcing them to quit. The trend is hitting low-income and informal workers especially hard.

In late October, the Nigerian National Petroleum Company Limited (NNPCL) adjusted the pump prices of the commodity.

The national oil firm raised the retail price of petrol in Abuja to N1,060 from N1,030 per litre in the federal capital territory (FCT).

In Lagos, it was confirmed that NNPCL stations increased the unit price of the commodity from N998 to N1,025 per litre.

Meanwhile, when asked by an X user if Nigerians should anticipate at least a 30% reduction, Ahmad, a chieftain of the All Progressives Congress (APC) in Kano state, responded:

“N5, hopefully more!”

Dangote agrees to deal with oil marketers

Earlier, TheTalk.NG reported that the Independent Petroleum Marketers Association of Nigeria (IPMAN) agreed on a deal with Dangote Petroleum Refinery to lift petroleum products from the facility directly.

The agreement was announced by IPMAN’s national president, Abubakar Garima, at a press briefing. IPMAN stated that the alliance will ensure the availability of petroleum to Nigerians at a cheaper rate.

Source: TheTalk.NG

BREAKING: Governor Uzodimma Approves New Minimum Wage for Workers, Shares Details

Imo State Governor, Hope Uzodimma, has announced the approval of a new minimum wage for state workers, set at N70,000. The decision, which follows extensive consultations with labor leaders, aims to enhance the welfare of workers and pensioners across the state. Governor Uzodimma Approves New Minimum Wage for Workers, Details EmergeSource: Facebook In a statement ... Read more Continue reading here ▶

EndSARS: Sanwo-Olu’s Aide Clarifies After Claim of Soldiers ‘Hunting, Executing’ Arsonists

Lagos State Governor Babajide Sanwo-Olu suspended his Senior Special Assistant on Print Media, Wale Ajetunmobi, over controversial remarks on Endsars The Sanwo-Olu administration emphasized its commitment to justice and the rule of law, condemning any form of extrajudicial punishment Reacting to his suspension, Ajetunmobi clarified that his comments were misrepresented Lagos State Governor Babajide Sanwo-Olu ... Read more Continue reading here ▶

BREAKING: Nigerian Governor Suspends 2 Commissioners over Gross Misconduct

TheTalk.NG journalist Esther Odili has over two years of experience covering political parties and movements. Governor Francis Nwifuru of Ebonyi state, has suspended the state Commissioner for Health, Dr. Moses Ekuma and his Housing and Urban Development counterpart, Francis Ori. Ebonyi governor Nwifuru suspends commissioners. Photo credit: Francis NwifuruSource: Facebook The Punch reported that the ... Read more Continue reading here ▶

Shatta Wale Praises Davido, Wizkid, Asake, others For Selling Out O2 Arena: “No Ghanaian Artist Did”

Shatta Wale has shared his thought about his colleagues in Ghana’s entertainment industry, particularly those into music In a post on X, he noted that no Ghanaian artist has made the county proud by selling out the O2 Arena He mentioned some Nigerian artists who have successfully sold out the venue as fans reacted to ... Read more Continue reading here ▶

Yahoo Boys: Two Nigerians Sentenced to 30 Years Combined for $3.5 Million Fraud in the United States

Two Nigerian nationals, Anthony Ibekie and Samuel Aniukwu, have been sentenced to a combined 30 years in US federal prison for defrauding American citizens of $3.5 million The duo deceived their victims by promising them substantial inheritances and establishing fake romantic relationships to solicit money The Economic and Financial Crimes Commission continues to combat such ... Read more Continue reading here ▶