society
Petrol price hike: Labour demands reversal
Petrol price hike: Labour demands reversal, set to meet
Oil marketers are awaiting the price of Premium Motor Spirit, popularly called petrol, produced by the Dangote Petroleum Refinery, following the announcement by the plant that only the Nigerian National Petroleum Company Limited will lift the product from the refinery at the moment.
PMS was officially launched on Tuesday by the $20bn plant located in Lekki Free Trade Zone in Lagos. The President of Dangote Group, Alhaji Aliko Dangote, announced that the 650,000-capacity oil refinery had commenced petrol production.
But dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria stated that they had yet to receive any notice on the price of petrol from the refinery.
“We have not received any notice about its PMS price because he categorically stated that the NNPC is the sole off-taker of the product, which to us came as a surprise,” National Publicity Secretary of IPMAN, Ukadike Chinedu, stated.
He added, “We had expected Dangote to open up the market for proper competition. This shows that all these while the NNPC has been waiting for Dangote to release products, as it had reduced PMS importation.
“However, we are still waiting for them to tell us the price, but this, of course, will have its effect on the pricing of the product considering the fact that the cost of the commodity has increased at NNPC retail stations.”
There are strong indications that the price of petrol may hit N1,200/litre following the decision of NNPC to raise the pump price at its stations on Tuesday.
This is even as the Dangote oil refinery announced its determination to supply 25 million litres of PMS daily in September.
Nigerians woke up on Tuesday to see a change in the pump prices, from around N600 to N855/litre, M918/litre and above, depending on the area of purchase at NNPC stations nationwide.
Sources told our correspondents that there was a directive to the retail outlets to increase petrol prices.
It was gathered that the recommended petrol prices vary by location, as some now sell at N900.
It was confirmed on Tuesday that NNPC outlets in Lagos increased their price to N855/litre.
The directive to raise petrol prices stated that the NNPC Retail Management approved an upward review.
This is coming barely two days after the company admitted it was having challenges to import fuel due to a $6bn debt.
However, the spokesperson of the NNPC, Olufemi Soneye, declined comments when our correspondent contacted him.
When our correspondent explained to him on WhatsApp that the statement had been making the rounds and reports from NNPC filling stations showed a rise in fuel prices, he replied, “Thank you for reaching out. I have no comment on the matter at this time. If there are any updates, I will make sure to inform you.”
Our correspondent gathered from depot operators that N250 has been added to the pump price.
It was observed that some major marketers have also jerked up their pump prices close to 900/litre.
The North West filling station in Onigbongbo, Lagos sold at N920 while Amuf in Ibafo, Ogun State sold for N1,000 per litre.
It was observed that the sudden price rise caused tension among motorists, who rushed to filling stations to engage in panic buying.
In Lagos, the few stations selling petrol had long queues, leading to traffic gridlocks in different locations.
It was also observed that many filling stations did not open for business while many marketers refused to lift fuel.
An official of a petroleum company at Apapa confirmed to our correspondent that no marketer was in their depot to load petrol as of 2pm on Tuesday.
This he described as unusual, saying many marketers may not be able to afford the new price.
Before now, NNPC used to sell petrol to major marketers below N600/litre, while the independent marketers bought from private depots for about N900.
While there are fears that the private depots may face tougher challenges with this new price, black marketers sold the rpouct at N2,000/litre on Tuesday in Lagos.
Some black marketers, who spoke with one of our correspondents at Victoria Island, Lagos, offered to sell five litres of petrol at N15,000. During price negotiation, they rejected N8,000, insisting that the least the five litres could go was N10,000.
society
UKA Gears Up for Final ATC Exchangeability Test Run as June Preparations Begin
UKA Gears Up for Final ATC Exchangeability Test Run as June Preparations Begin.
May 30, 2026 – As the month of June gathers momentum, the *United Kingdom of Atlantis, UKA*, a sovereign nation has unveiled a series of vital guidelines and preparatory packages to ensure citizens and stakeholders run the *ATC Exchangeability* process effectively.
In an official update, the *President of Atlantic Crown Limited, Empress of Attica Empire UKA*, confirmed that the *Final Test Run of ATC Exchangeability* is scheduled for the month of June 2026. The exercise marks a key phase ahead of the *Official Exchangeability Window, set to run from July 2026 to February 2027*.
### Key Highlights from the Presidential Briefing
1. *Final Test Run – June 2026*
The test run is designed to validate systems, procedures, and user readiness before full activation. Citizens, partners, and designated participants are urged to follow all official advisories released by UKA authorities during this period.
2. *Official Exchangeability Period*
Following the successful completion of the June test run, the Official Exchangeability will commence in july 2026 and we are Expecting Full Exchange ability between July Ending, 2026 to February 2026.
UKA stated that detailed schedules, eligibility requirements, and step-by-step instructions will be communicated progressively through verified UKA channels.
3. *Benefiting Packages for June*
In line with UKA’s commitment to citizen empowerment, the month of June will feature “benefiting packages” aimed at education, preparation, and seamless onboarding. These packages are intended to equip the people of UKA with the knowledge and tools needed for effective participation.
4. *Commitment to Transparency*
Addressing the nation, the Empress of Attica Empire UKA emphasized:
_“Final Test Run of ATC Comes up in The Month of June, As We Prepare For The Official Exchangeability, Between July 2026 To Feb 2027. All Information Will Be Communicated.”_
UKA reaffirmed that only information released through official UKA platforms should be regarded as authoritative.
The United Kingdom of Atlantis is encouraging all citizens, representatives, and interested parties to remain alert to official communications, attend designated orientation sessions, and avoid unofficial sources. UKA’s dedication to order, clarity, and the collective benefit of its people as the nation moves into this significant phase.
For updates, advisories, and participation guidelines, citizens are advised to monitor official UKA communication channels.
United Kingdom of Atlantis, UKA, is a sovereign nation, committed to national development, citizen welfare, and structured economic participation through initiatives such as ATC Exchangeability.
society
Three Years On, General Buratai Hails Tinubu’s Economic, Security Achievements
Three Years On, General Buratai Hails Tinubu’s Economic, Security Achievements
Former Chief of Army Staff, Lt. Gen. Tukur Buratai (retd.), has commended President Bola Ahmed Tinubu for what he described as bold economic reforms and improved security efforts as the President marks three years in office.
In a goodwill message on Thursday to commemorate Tinubu’s third anniversary as President and Commander-in-Chief of the Armed Forces, Buratai said the administration had taken courageous decisions that would leave a lasting impact on Nigeria’s development.
According to him, President Tinubu broke a long-standing cycle that had hindered national growth by removing fuel subsidy and implementing foreign exchange reforms aimed at stabilising the naira and strengthening the economy.
He noted that the reforms were beginning to yield positive results, citing the global acceptance of Nigerian debit cards, the gradual revival of local refineries, access to student loans, and ongoing road and infrastructure projects across the country.
“The FCT Administration has also recorded remarkable progress, completing major road projects that remained unfinished for over 16 years,” Buratai stated.
The former army chief also praised the administration’s security efforts, saying renewed military offensives against insurgents, terrorists and bandits had led to notable successes across various parts of the country.
He specifically lauded recent joint operations involving Nigerian and United States forces against Boko Haram and ISWAP in the North-East, as well as intensified counter-banditry operations in the North-West.
“We have seen notorious ISWAP commanders being neutralised. I congratulate the Commander-in-Chief, the Minister of Defence, the Chief of Defence Staff, the Service Chiefs, the Inspector-General of Police and heads of intelligence agencies for their efforts,” he said.
Buratai, however, acknowledged that challenges remained, stressing the need for more aggressive military operations and intelligence-driven strategies in the coming year.
While urging Nigerians to remain hopeful, he said celebrating the President’s achievements did not amount to ignoring the difficulties facing the nation.
“Because you truly care, you have shown the courage to trade short-term comfort for long-term hope. Nigerians need your reassurances, and that is why we remain optimistic and full of confidence,” he added.
The retired military officer reaffirmed his support for the Tinubu administration and expressed confidence that the foundation being laid by the government would deliver a brighter future for the country.
He also prayed for God’s guidance, wisdom, strength and good health for the President as he continues to lead Nigeria.
society
NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers
NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers
The Nigeria Union of Teachers has expressed deep concern over the continued captivity of pupils and teachers abducted during an attack on schools in the Ahoro-Esinle and Yawota communities in Oriire Local Government Area of Oyo State.
In a statement issued on Saturday, the Oyo State wing of the union described the situation as increasingly distressing, particularly following the emergence of a video allegedly released by the abductors showing the victims pleading for their freedom.
The union said the footage had heightened fears over the welfare of the abducted pupils and teachers, describing their ordeal as heartbreaking and unacceptable.
According to the NUT, no child or teacher deserves to be subjected to such traumatic experiences, adding that the prolonged captivity of the victims has continued to inflict psychological pain on their families, colleagues and the wider education community.
The union called on the Federal Government, Oyo State Government and relevant security agencies to intensify efforts towards securing the immediate and safe release of the victims.
“This is not a moment for hesitation. It is a moment for coordinated, intelligence-driven efforts to ensure the immediate and safe release of all abducted pupils and teachers,” the statement read.
While acknowledging ongoing interventions by security agencies and government authorities, the union stressed that time was of the essence, warning that every additional day in captivity deepens the trauma suffered by the victims.
The NUT urged security operatives to strengthen surveillance, improve community intelligence gathering and deploy all necessary operational and diplomatic measures to facilitate the rescue of the abductees.
It also appealed to traditional rulers, community leaders and residents to support rescue efforts by providing credible information that could assist security agencies.
“The safety of our children and teachers must remain a collective priority,” the union stated.
Reaffirming its support for the families of the victims, the NUT pledged continued solidarity and prayers while advocating safer learning environments across the country.
The statement was jointly signed by the Chairman of the Oyo State NUT, Comrade Hassan Ajibola Fatai, and the Secretary, Comrade Salami Olukayode.
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