The Lagos State Government has announced plans to commence enforcement of compulsory identification badges for commercial bus drivers and conductors operating across the State as part of renewed efforts to improve passenger safety, security and accountability in the public transportation sector. The proposed enforcement exercise will target commercial transport operators, particularly drivers and conductors of … Read more
The African Action Congress (AAC), Federal Capital Territory (FCT) Chapter, has accused President Bola Tinubu’s administration of worsening the economic hardship faced by Nigerians, citing rising petrol prices, rents and school fees as major pressures on households. The Party said the increasing cost of basic necessities had placed workers, traders, small business owners and low-income … Read more
President of Dangote Industries Limited, Aliko Dangote, has said the Dangote Petroleum Refinery is targeting up to 10 million shareholders across Africa, with priority to be given to small retail investors as the company seeks to broaden ownership of the multibillion-dollar facility. Dangote made the remarks in an interview as the refinery’s landmark Initial Public … Read more
The much-anticipated Initial Public Offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals has officially opened, giving Nigerians and other eligible investors an opportunity to acquire shares in one of Africa’s largest industrial projects. The offer, which commenced on Monday, September 14, 2026, involves 4.1 billion ordinary shares priced at ₦525 per share. If fully … Read more
Nigeria’s downstream petroleum sector is facing a fresh dispute over petrol imports as Dangote Petroleum Refinery and Petrochemicals considers restricting Premium Motor Spirit (PMS) sales to major marketers that continue to bring petrol into the country. The proposed move is being linked to concerns over product quality, alleged blending of imported petrol with refinery-supplied PMS, … Read more
The Federal Government has launched a 100-bus electric mass transit programme designed to reduce the financial pressure of daily transportation on federal civil servants and improve their safety, punctuality and productivity. The initiative, unveiled in Abuja on Wednesday, August 26, 2026, is part of the Renewed Hope Mass Transit Programme and is expected to provide … Read more
Former Minister of Youth and Sports Development, Solomon Dalung, has thrown his weight behind calls for the reintroduction of fuel subsidy in Nigeria, arguing that the removal of the policy has failed to deliver meaningful benefits to ordinary citizens. Dalung made the position known on Tuesday during an interview, where he assessed some of the … Read more
President Bola Ahmed Tinubu has directed the Federal Ministry of Works to take immediate action on the worsening condition of the Benin-Agbor-Asaba road and the Ifaki-Kabba-Ado Ekiti corridor, following prolonged gridlock that has left motorists and commuters stranded for hours and, in some cases, days. The directive was disclosed on Tuesday, August 25, 2026, by … Read more
Minister of the Federal Capital Territory, Nyesom Wike, has ordered an immediate crackdown on the conversion of designated green areas, parks and gardens in Abuja into car dealership lots and other unauthorised commercial facilities. The directive is part of renewed efforts by the Federal Capital Territory Administration to enforce the Abuja Master Plan, protect public … Read more
The Federal Government has said the removal of fuel subsidy and reforms in Nigeria’s foreign exchange market generated an estimated ₦15.8 trillion in additional resources for the federation between June 2023 and December 2025. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed the figure on Wednesday while presenting the Government’s … Read more