[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1haha5ahsyuls":3,"$fnu39wk8daa6e":49,"$f9gu6o9jcsxdi":86,"$f3e3jbbcdn2vfp":1795,"$f3g2vfgazl5es6":1901,"$f5btqexddoxme":1951},{"status_code":4,"message":5,"data":6},200,"Top navigation retrieved successfully",[7,13,19,25,31,37,43],{"id":8,"createdAt":9,"updatedAt":10,"name":11,"slug":12},"b2fd4aec-5546-486a-a3f4-eea60b1434f5","2026-03-26T09:17:24.918Z","2026-04-23T08:59:18.000Z","Hot Topics","hot-topics",{"id":14,"createdAt":15,"updatedAt":16,"name":17,"slug":18},"61adefb2-a0a9-4d1d-a02a-7168a954b173","2026-03-26T09:12:43.334Z","2026-05-21T22:16:04.000Z","Politics","politics",{"id":20,"createdAt":21,"updatedAt":22,"name":23,"slug":24},"412ac379-b7f4-41e6-9284-1b23abd75193","2026-03-26T09:08:28.975Z","2026-04-22T15:05:10.000Z","Global Updates","global-updates",{"id":26,"createdAt":27,"updatedAt":28,"name":29,"slug":30},"01411baa-e805-4390-8629-929c4f90c093","2026-03-25T11:58:27.451Z","2026-05-21T11:24:07.000Z","Entertainment","entertainment",{"id":32,"createdAt":33,"updatedAt":34,"name":35,"slug":36},"f533efbb-008f-4539-9a0b-c6f71297a9f4","2026-03-25T11:41:34.472Z","2026-05-21T16:44:38.000Z","Business","business",{"id":38,"createdAt":39,"updatedAt":40,"name":41,"slug":42},"556591a5-3420-482a-9592-6b4ae49829b3","2026-03-25T11:40:22.480Z","2026-05-21T16:39:17.000Z","Sports","sports",{"id":44,"createdAt":45,"updatedAt":46,"name":47,"slug":48},"07a1a269-9188-41fc-9145-0ab7ca6d29e6","2026-03-25T11:39:56.272Z","2026-05-21T16:37:48.000Z","Africa","africa",{"status_code":4,"message":50,"data":51},"List of Posts retrieve successfully",{"id":52,"createdAt":53,"updatedAt":54,"title":55,"excerpt":56,"content":57,"slug":58,"topic":59,"tags":64,"image":73,"author":74,"feed":75,"views":82,"type":83,"readTime":84,"externalSourceUrl":85},"44124667-08a9-4f26-a44d-21e4106006b6","2026-10-11T02:40:00.174Z","2026-10-11T03:01:01.000Z","Nigeria’s Fuel Price Gamble: Cheaper Petrol, Uncertain Relief","As the federal government offers a temporary petrol discount and negotiates a price ceiling, Nigerians question how long the relief will last. Festus Akanbi examines whether limited access to NNPC stations, lost","\u003Cdiv style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" >\u003C\u002Fdiv>\n\u003Cp>As the federal government offers a temporary petrol discount and negotiates a price ceiling, Nigerians question how long the relief will last. \u003Cstrong>Festus Akanbi\u003C\u002Fstrong> examines whether limited access to NNPC stations, lost working hours and deferred supplier costs could undermine the intervention\u003C\u002Fp>\n\n\n\n\u003Cp>For a commercial bus driver, cheaper petrol means little if getting it takes hours needed to earn a living. That uncomfortable arithmetic could determine the fate of Nigeria’s latest fuel intervention: whether the saving at the pump exceeds the income surrendered in the queue.\u003C\u002Fp>\n\n\n\n\u003Cp>The federal government’s decision to offer discounted petrol at Nigerian National Petroleum Company Limited stations for an initial 30 days acknowledges a hardship that households understand intimately. Yet its success will depend on access, reliable supply and whether passengers eventually pay less to travel.\u003C\u002Fp>\n\n\n\n\u003Cp>Announced on Thursday by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, the package combines a temporary NNPC retail concession with negotiations over a broader petrol price-modulation mechanism. Public transport operators are to receive priority under the discount arrangement.\u003C\u002Fp>\n\n\n\n\u003Cp>These are distinct interventions. NNPC would forgo its retail profit margin and sell at cost for the initial period. Separately, the government is negotiating a N1,350-per-litre ceiling on petrol’s ex-gantry or landing cost, with refiners and importers carrying excess costs for possible recovery when conditions improve.\u003C\u002Fp>\n\n\n\n\u003Cp>The distinction matters. An ex-gantry ceiling is not a guaranteed pump price. Distribution expenses and retail margins still intervene between the refinery gate and the motorist’s tank. Presenting N1,350 as a universal retail promise would raise expectations the proposed framework does not establish.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong> Atiku’s Day 31 Question\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has challenged both the duration and reach of the concession. In a statement from his campaign’s Director of Strategic Communication, Phrank Shaibu, he argued that temporary discounts cannot resolve persistent fuel, transport, and food costs.\u003C\u002Fp>\n\n\n\n\u003Cp>“What happens on Day 31?” he asked. The question exposes the gap between emergency assistance and durable affordability. A month of relief may help beneficiaries, but it cannot establish a dependable household budget if the underlying pressures remain after the concession expires.\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku also questioned the restriction to NNPC stations, the absence of a clearly stated saving per litre and the assurance that transporters would pass any benefit to passengers. Those objections deserve answers beyond the political exchanges now surrounding the announcement.\u003C\u002Fp>\n\n\n\n\u003Cp>His alternative is capped, budgeted production support linked to petrol refined domestically, with safeguards for consumers. That proposal also requires scrutiny: its cost, funding, eligibility rules and consumer benefit must be demonstrated. Domestic refining does not, by itself, make crude oil or financing inexpensive.\u003C\u002Fp>\n\n\n\n\u003Cp>Some analysts also questioned the timing of the new arrangement, alleging a political motive behind the policy, which came just a few months before the January 2027 general elections. “If the federal government knew that there was a way to ameliorate the hardship all this while, why did it have to wait till now?” one analyst asked.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>When Queuing Costs More\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>The government’s offer has an immediate geographical weakness. Where participating NNPC outlets are few or distant from busy transport routes, drivers may face detours and prolonged queues. Without a published station list and supply commitments, the concession’s practical reach remains uncertain.\u003C\u002Fp>\n\n\n\n\u003Cp>For drivers operating under daily delivery obligations to vehicle owners, time carries a price. Rent, union charges, repairs, and household needs keep accumulating while the bus stands still. Buying dearer petrol elsewhere could therefore be a rational decision rather than resistance to government assistance.\u003C\u002Fp>\n\n\n\n\u003Cp>Consider an illustrative purchase of 40 litres at a hypothetical discount of N50 per litre. The saving is N2,000. If travelling to the designated station and waiting costs more than N2,000 in net earnings, the driver loses financially by accepting the offer.\u003C\u002Fp>\n\n\n\n\u003Cp>These figures are illustrative, not announced discount terms. They nevertheless show why access cannot be treated as a minor implementation detail. A concession designed for commercial transporters may chiefly attract motorists who can afford to wait, unless dispensing arrangements protect drivers’ working hours.\u003C\u002Fp>\n\n\n\n\u003Cp>The government should publish participating outlets, operating hours, applicable prices, and how it will prioritise public transporters. Dedicated dispensing lanes and dependable replenishment could help. Any expansion through accredited independent stations would require transparent reimbursement rules and safeguards against diversion, duplication and inflated claims.\u003C\u002Fp>\n\n\n\n\u003Cp>There is also a fairness question. A worker whose bus operator cannot reach a participating station receives no direct benefit, while a private motorist beside one may enjoy the concession. Priority must therefore mean more than an announcement. Authorities need evidence of who actually receives discounted litres, rather than assuming station sales translate into assistance for vulnerable households. Publishing uptake by location and category would reveal whether the arrangement serves its intended beneficiaries. It would also help determine whether extension is justified, whether distribution should change and whether another instrument could deliver better value for the same resources. Those decisions require data, not political assurances alone.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong> Will Passengers Benefit?\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Even successful access does not guarantee cheaper journeys. A driver may retain the savings to cover maintenance bills, debt or previous losses. Others may continue purchasing from stations outside the scheme. Transport fares will consequently reflect more than the price displayed at selected NNPC outlets.\u003C\u002Fp>\n\n\n\n\u003Cp>A short concession also gives operators little reason to revise fares they expect to restore within weeks. Atiku’s concern about benefits reaching passengers therefore points to a measurable policy test: which routes receive support, how much operators save and whether commuters experience any reduction.\u003C\u002Fp>\n\n\n\n\u003Cp>Engagement with transport unions should produce publicly stated expectations and monitoring. Fuel relief should accompany action against illegal levies and excessive road charges. Otherwise, a saving secured at the filling station could disappear before the vehicle reaches its first bus stop.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>The Bill Does Not Vanish\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Government’s refusal to revive a blanket subsidy rests on a serious fiscal argument. Oyedele warned that reinstatement could weaken revenue, raise borrowing costs and intensify pressure on the naira. He projected an exchange rate approaching N3,000 per dollar and petrol costing at least N2,000 per litre.\u003C\u002Fp>\n\n\n\n\u003Cp>These are government projections, not inevitable outcomes. Their credibility depends on assumptions about consumption, financing, oil prices and exchange-rate responses. Publishing those assumptions would strengthen the argument considerably. Equally, advocates of alternative support must show how expenditure would remain affordable without displacing essential public services.\u003C\u002Fp>\n\n\n\n\u003Cp>However, avoiding a direct budget payment does not eliminate economic cost. Forgoing NNPC’s margin reduces earnings that might otherwise support investment or shareholder returns. Requiring suppliers to carry shortfalls shifts the initial financing burden to their balance sheets, rather than making it disappear.\u003C\u002Fp>\n\n\n\n\u003Cp>The broader modulation proposal assumes favourable conditions will eventually permit recovery. Persistently expensive crude or renewed naira depreciation could frustrate that expectation. Suppliers still need working capital to buy feedstock, finance cargoes and maintain operations; prolonged losses could discourage participation or constrain supply.\u003C\u002Fp>\n\n\n\n\u003Cp>Suppose participating suppliers absorb a hypothetical N100 shortfall on 10 million litres daily. Exposure would reach N1 billion a day, or N30 billion over 30 days. This is not an official estimate; it demonstrates how modest differences can accumulate across large fuel volumes.\u003C\u002Fp>\n\n\n\n\u003Cp>Contracts must therefore specify participation, verification, recovery periods and responsibility for unrecovered balances. If the government eventually guarantees those losses, it should disclose potential public liabilities. If consumers finance recovery through future prices, they should understand that today’s stability may postpone some relief when costs fall.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>Beyond Temporary Relief\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>The accompanying proposals for cash transfers, compressed natural gas deployment, forward crude sales and a strategic fuel reserve offer a wider approach. Each requires financing, delivery milestones and public reporting. CNG, especially, needs accessible conversion and refuelling infrastructure before drivers can depend on it.\u003C\u002Fp>\n\n\n\n\u003Cp>Nigeria needs protection from violent fuel-price swings, but protection must survive contact with everyday realities. The government should answer Atiku’s question about duration and the driver’s question about access at the same time. Relief succeeds when passengers save, suppliers remain viable, and the final bill is visible.\u003C\u002Fp>\n","nigerias-fuel-price-gamble-cheaper-petrol-uncertain-relief",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},"5d66d3d9-40ee-493e-9aef-f101a26d4b74","2026-06-23T09:40:58.464Z","PMS","pms",[65,66,67,68,69,70,71,72],"nigerias","fuel","price","gamble","cheaper","petrol","uncertain","relief","https:\u002F\u002Fglobal.ariseplay.com\u002Famg\u002Fwww.thisdaylive.com\u002Fuploads\u002FAn-NNPCL.jpg",null,{"id":76,"createdAt":77,"updatedAt":78,"name":79,"image":80,"slug":81},"676b27a5-8a43-458d-91ba-45c07367106b","2026-03-26T09:35:16.600Z","2026-08-13T13:04:20.834Z","This 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& Commerce","trade-and-commerce",[1705],{"id":1706,"createdAt":1707,"updatedAt":1707,"name":1708,"slug":1709,"children":1710},"ba43bc02-9b8f-4fc8-9e90-4db01a97cbe7","2026-05-14T08:56:26.041Z","Import & Export","import-and-export",[],{"id":1712,"createdAt":1713,"updatedAt":1713,"name":1714,"slug":1715,"children":1716},"d19b3f92-bf4f-42fc-8115-d5e17ae6830e","2026-07-16T11:35:26.049Z","Civil Service","civil-service",[],{"id":1718,"createdAt":1719,"updatedAt":1719,"name":1720,"slug":1721,"children":1722},"ea4c412a-13c0-4258-8736-c7c42d0147ba","2026-07-14T10:59:08.769Z","Entrepreneur","entrepreneur",[],{"id":1724,"createdAt":1725,"updatedAt":1725,"name":1726,"slug":1727,"children":1728},"eea91b5f-142b-46f1-a99d-07557d24c824","2026-05-14T08:56:55.630Z","Economy","economy",[],{"id":1730,"createdAt":1731,"updatedAt":1732,"name":1733,"slug":1734,"children":1735},"fc53fd41-782d-4c59-8d9c-95416b4395a1","2026-03-26T09:15:14.420Z","2026-05-22T21:57:49.000Z","Crime","crime",[1736,1742,1749,1756,1762,1775,1782,1788],{"id":1737,"createdAt":1738,"updatedAt":1738,"name":1739,"slug":1740,"children":1741},"284988d3-5df0-4450-885b-c72339b3e569","2026-05-27T05:54:43.719Z","EFCC","efcc",[],{"id":1743,"createdAt":1744,"updatedAt":1745,"name":1746,"slug":1747,"children":1748},"4279312f-d771-43fe-87d9-94fb27c423cc","2026-03-30T20:26:16.361Z","2026-06-29T12:49:14.000Z","Kidnapping & Banditry","kidnapping-and-banditry",[],{"id":1750,"createdAt":1751,"updatedAt":1752,"name":1753,"slug":1754,"children":1755},"7d71a44e-8ad3-459b-87ca-44340608ba66","2026-05-12T09:17:22.828Z","2026-05-21T22:09:16.000Z","Police","police",[],{"id":1757,"createdAt":1758,"updatedAt":1758,"name":1759,"slug":1760,"children":1761},"a5e212ca-edf5-4131-b78e-332c32d9e0e1","2026-08-08T00:55:56.482Z","Money Laundering ","money-laundering",[],{"id":1763,"createdAt":1764,"updatedAt":1765,"name":1766,"slug":1767,"children":1768},"b3fbb57a-beaa-409f-b5db-290b46ea8a58","2026-03-26T09:15:35.953Z","2026-05-22T21:59:26.000Z","Insecurity","insecurity",[1769],{"id":1770,"createdAt":1771,"updatedAt":1771,"name":1772,"slug":1773,"children":1774},"8b58bdfc-7eda-4580-9df6-1c0e84676662","2026-08-07T08:26:58.233Z","Security Agencies","security-agencies",[],{"id":1776,"createdAt":1777,"updatedAt":1778,"name":1779,"slug":1780,"children":1781},"bb43406d-7167-428a-98a5-c9b0ae3d225b","2026-04-19T11:23:40.666Z","2026-05-22T22:00:49.000Z","Drug Trafficking","drug-trafficking",[],{"id":1783,"createdAt":1784,"updatedAt":1784,"name":1785,"slug":1786,"children":1787},"edc7ab5a-86a5-4a37-af73-bac317202614","2026-07-22T14:42:24.643Z","Human Trafficking ","human-trafficking",[],{"id":1789,"createdAt":1790,"updatedAt":1791,"name":1792,"slug":1793,"children":1794},"f4a769f7-1ac5-44b9-a955-0883b8ade1dc","2026-03-30T20:25:43.706Z","2026-05-22T22:01:21.000Z","Cyber Crime","cyber-crime",[],{"status_code":4,"message":74,"data":1796},[1797,1829,1854,1881],{"id":1798,"createdAt":1799,"updatedAt":1800,"title":1801,"excerpt":1802,"content":1803,"slug":1804,"topic":1805,"tags":1806,"image":1818,"author":74,"feed":1819,"views":1826,"type":83,"readTime":1827,"externalSourceUrl":1828},"087096e0-612f-4654-b0c8-b82216884bc6","2026-10-10T18:30:00.371Z","2026-10-11T04:54:09.000Z","Arise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO]","​Arise News Television presenter Rufai Oseni has explained why he considers the Federal Government’s recent petrol price discount a reintroduction of fuel subsidy. DAILY POST reports that the Federal Government, on October 8, announced a 30-day petrol price discount at Nigerian National Petroleum Company Limited (NNPCL) filling stations nationwide. The move has attracted criticism from […]\nArise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO]","\u003Cimg width=\"1242\" height=\"797\" src=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni.jpeg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin: auto; margin-bottom: 5px;max-width: 100%;\" link_thumbnail=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni.jpeg 1242w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni-300x193.jpeg 300w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni-1024x657.jpeg 1024w\" sizes=\"auto, (max-width: 1242px) 100vw, 1242px\" \u002F>\n\u003Cp>​Arise News Television presenter Rufai Oseni has explained why he considers the Federal Government’s recent petrol price discount a reintroduction of fuel subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>DAILY POST reports that the Federal Government, on October 8, announced a 30-day petrol price discount at Nigerian National Petroleum Company Limited (NNPCL) filling stations nationwide.\u003C\u002Fp>\n\n\n\n\u003Cp>The move has attracted criticism from opposition figures, who accused the President Bola Tinubu-led administration of subtly reintroducing the fuel subsidy removed on May 27, 2023.\u003C\u002Fp>\n\n\n\n\u003Cp>In a video clip posted on his official X handle on Saturday, Oseni argued that foregoing profits on a product for a specific purpose amounts to a form of subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>He said, “I’ve been seeing a lot of ignorance being spread. Don’t let them deceive you. What the government did was a return of fuel subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>“With their lies of NNPC discount, it is still a subsidy. Whenever you forfeit your profit, you have subsidised the product as an incentive. Somebody made a video to say that N60 cannot be a subsidy. Even if it is N10, as long as it is a forfeit of your profit, it’s a form of subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>“You can put subsidies in many ways to gain market advantage. If you are producing something, you can decide to subsidise the price to be able to get market advantage.\u003C\u002Fp>\n\n\n\n\u003Cp>“Secondly, there was another production subsidy that was announced or proposed in that press conference, where they talked about the proposal to sell the cap price of crude oil to refiners for a certain period of time.”\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Ca href=\"https:\u002F\u002Ftwitter.com\u002Fruffydfire\u002Fstatus\u002F2108957581662474747\">Watch video \u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F10\u002Farise-tvs-rufai-oseni-explains-why-tinubus-petrol-discount-is-fue-subsidy-video\u002F\">Arise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO] \u003C\u002Fa>\u003C\u002Fp>\n","arise-tvs-rufai-oseni-explains-why-tinubus-petrol-discount-is-fue-subsidy-video",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[1807,1808,1809,1810,1811,1812,1813,70,1814,1815,1816,1817],"arise","tvs","rufai","oseni","explains","why","tinubus","discount","fue","subsidy","video","https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni.jpeg",{"id":1820,"createdAt":1821,"updatedAt":1822,"name":1823,"image":1824,"slug":1825},"87678139-216f-4786-b9b2-a4e8155e5649","2026-03-25T11:55:31.204Z","2026-08-13T13:05:10.144Z","Daily Post","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002F9efc788c-30f4-47fa-8efc-4edb5cfd560a.png","daily-post",13,2,"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F10\u002Farise-tvs-rufai-oseni-explains-why-tinubus-petrol-discount-is-fue-subsidy-video\u002F",{"id":1830,"createdAt":1831,"updatedAt":1832,"title":1833,"excerpt":1834,"content":1835,"slug":1836,"topic":1837,"tags":1838,"image":1844,"author":74,"feed":1845,"views":1852,"type":83,"readTime":1827,"externalSourceUrl":1853},"a9735853-217f-4472-b904-fbd93fb2f620","2026-10-10T16:40:00.257Z","2026-10-11T03:32:23.000Z","Fuel Discount: Makinde Asks FG To Release Pricing Template","His comment came days after the Federal Government announced a 30-day fuel discount policy aimed at easing the price of the essential commodity.\nThe post Fuel Discount: Makinde Asks FG To Release Pricing Template appeared first on Channels Television.","\u003Cp>\u003Cstrong>The governor of Oyo State, Seyi Makinde, has questioned the Federal Government’s fuel discount policy, asking it to release its pricing template for the programme.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Makinde, who also doubles as the presidential candidate of the Allied Peoples Movement (APM), spoke on Saturday at the party’s North-East 2027 Town Hall Meeting in Yola, Adamawa State.\u003C\u002Fp>\u003Cp>“Now, yesterday, I listened to the Minister of Finance on TV. He said now that they are on price modulation for petroleum products. We are asking for only two things. We don’t want long ‘turenchi’ [fancy grammar and talk],” the governor told the gathering.\u003C\u002Fp>\u003Cp>“Just release to Nigerians your pricing template: how you arrived at your figure, and let Nigerians – they are not dumb – look at your pricing templates, and if they have a better solution, they will present it.\u003C\u002Fp>\u003Cp>“The fact that we’re in government or you’re in the [Presidential Villa] does not make you the only people with sense. In Nigeria, we have Nigerians who can dissect issues and proffer solutions. So please give us your pricing template, and we will make our input.”\u003C\u002Fp>\u003Cp>\u003Ciframe title=\"YouTube video player\" src=\"https:\u002F\u002Fwww.youtube.com\u002Fembed\u002FJM1g-291a80?si=-JwqphDpilmJ1OCV\" width=\"800\" height=\"400\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\">\u003C\u002Fiframe>\u003C\u002Fp>\u003Cp>His comment came days after the Federal Government announced a 30-day fuel discount policy aimed at easing the price of fuel across the country.\u003C\u002Fp>\u003Cp>The policy, in partnership with the Nigerian National Petroleum Company Limited (NNPCL), has attracted widespread criticism from the opposition, who described it as the return of subsidy via the back door and a politically motivated ploy just months away from the 2027 general elections.\u003C\u002Fp>\u003Cp>President Bola Tinubu, who is seeking a second term, pushed through sweeping economic reforms when he came into office in 2023, including scrapping a major fuel subsidy and unifying the exchange rate market.\u003C\u002Fp>\u003Cp>While economists have broadly backed the measures, they have driven up living costs and deepened hardship in Africa’s most populous country.\u003C\u002Fp>\u003Cp>Although Nigeria, Africa’s top oil producer, hosts the continent’s largest refinery, owned by industrialist Aliko Dangote, fuel prices have risen to about ₦1,400 ($1.00) per litre from the ₦830 seen before the war in the Middle East.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002Ffuel-discount-makinde-asks-fg-to-release-pricing-template\u002F\">Fuel Discount: Makinde Asks FG To Release Pricing Template\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\">Channels Television\u003C\u002Fa>.\u003C\u002Fp>\n","fuel-discount-makinde-asks-fg-to-release-pricing-template",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[66,1814,1839,1840,1841,1842,1843],"makinde","asks","release","pricing","template","https:\u002F\u002Fwww.youtube.com\u002Fembed\u002FJM1g-291a80",{"id":1846,"createdAt":1847,"updatedAt":1848,"name":1849,"image":1850,"slug":1851},"ed016172-c891-43d9-9b19-f0ec12e59317","2026-03-25T11:56:29.230Z","2026-08-13T13:09:05.114Z","Channels TV","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002Fd580ea30-ea49-4b9d-80ff-addcbc015d05.jpg","channels-tv",12,"https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002Ffuel-discount-makinde-asks-fg-to-release-pricing-template\u002F",{"id":1855,"createdAt":1856,"updatedAt":1857,"title":1858,"excerpt":1859,"content":1860,"slug":1861,"topic":1862,"tags":1863,"image":74,"author":74,"feed":1872,"views":1879,"type":83,"readTime":1827,"externalSourceUrl":1880},"d7e9db70-8116-46ad-b860-954edb26aaa0","2026-10-10T08:20:00.605Z","2026-10-10T14:13:05.000Z","Petrol Hits ₦1,900 Per Litre At Depots Despite FG’s 30-Day Discount","Petrol depot prices have climbed to ₦1,900 per litre in Port Harcourt, while increases were also recorded in Lagos, Warri and Calabar, despite lower pump prices at some filling stations. According to Vanguard, NIPCO raised its petrol price in Port Harcourt by ₦170, from ₦1,730 to ₦1,900 per litre. African Terminal, Ascon, Eterna, Gulf Treasure, […]\nThe post Petrol Hits ₦1,900 Per Litre At Depots Despite FG’s 30-Day Discount appeared first on Information Nigeria.","\u003Cp>Petrol depot prices have climbed to ₦1,900 per litre in Port Harcourt, while increases were also recorded in Lagos, Warri and Calabar, despite lower pump prices at some filling stations.\u003C\u002Fp>\n\u003Cp>According to Vanguard, NIPCO raised its petrol price in Port Harcourt by ₦170, from ₦1,730 to ₦1,900 per litre. African Terminal, Ascon, Eterna, Gulf Treasure, Ibachem and Ibeto also increased their rates from ₦1,750 to ₦1,900.\u003C\u002Fp>\n\u003Cp>Duport and Integrated raised their prices by ₦56 to ₦1,806 per litre.\u003C\u002Fp>\n\u003Cp>In Lagos, Masters, Sigmund, T.S.L and NIPCO adjusted their prices to ₦1,350 per litre, while Matrix increased its rate to ₦1,360. Matrix also raised its price in Calabar to ₦1,370.\u003C\u002Fp>\n\u003Cp>In Warri, Keonamex, Matrix, Nepal and Parker increased their petrol prices to ₦1,360 per litre, while Optima adjusted its rate to the same amount.\u003C\u002Fp>\n\u003Cp>At the retail level, NNPC sold petrol for ₦1,360 per litre in Lagos and surrounding areas. MRS Oil charged ₦1,338, while 11 Plc sold at ₦1,338.80. Independent marketers charged between ₦1,368 and ₦1,400, depending on location.\u003C\u002Fp>\n\u003Cp>The increases came amid rising international oil prices. Brent crude rose to $104.50 per barrel, while the US benchmark, WTI, climbed to $91.73.\u003C\u002Fp>\n\u003Cp>The higher diesel costs could further increase expenses for manufacturers, transport operators and businesses that depend on diesel for electricity and transportation.\u003C\u002Fp>\n\u003Cp>Speaking to Vanguard, petroleumpriceng Chief Executive Officer Olatide Jeremiah said,“Despite domestic issues and development in Nigeria, the downstream sector would continue to respond or react to developments at the global oil market.”\u003C\u002Fp>\n\u003Cp>However, the mixed movements in global oil benchmarks suggest that crude prices alone may not explain the domestic increases, as supply conditions, transportation costs and marketers’ pricing decisions can also affect pump prices.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.informationng.com\u002F2026\u002F10\u002Fpetrol-hits-%e2%82%a61900-per-litre-at-depots-despite-fgs-30-day-discount.html\">Petrol Hits ₦1,900 Per Litre At Depots Despite FG’s 30-Day Discount\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.informationng.com\">Information Nigeria\u003C\u002Fa>.\u003C\u002Fp>\n","petrol-hits-naira1900-per-litre-at-depots-despite-fgs-30-day-discount",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[70,1864,1865,1866,1867,1868,1869,1870,1871,1814],"hits","1900","per","litre","depots","despite","fgs","30day",{"id":1873,"createdAt":1874,"updatedAt":1875,"name":1876,"image":1877,"slug":1878},"fd6fa5be-8223-46cd-8ad7-ba12cac98b20","2026-03-26T09:39:13.804Z","2026-08-13T13:09:41.630Z","InformationNG","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002Fbf0229bf-0ddc-418b-b3b7-4783abfa0739.jpg","informationng",9,"https:\u002F\u002Fwww.informationng.com\u002F2026\u002F10\u002Fpetrol-hits-%e2%82%a61900-per-litre-at-depots-despite-fgs-30-day-discount.html",{"id":1882,"createdAt":1883,"updatedAt":1884,"title":1885,"excerpt":1886,"content":1887,"slug":1888,"topic":1889,"tags":1890,"image":1897,"author":74,"feed":1898,"views":1899,"type":83,"readTime":1827,"externalSourceUrl":1900},"b89eec3e-23d3-40d3-b57a-4d2dd9aa02f6","2026-10-10T05:50:00.467Z","2026-10-11T02:42:37.000Z","Fuel discount is scam, FG has failed — Iroegbu blasts Tinubu govt","A chieftain of the Nigeria Democratic Congress, NDC, Dickson Iroegbu, has criticised the administration of President Bola Tinubu. Speaking during an interview on Arise Television’s Prime Time on Friday, Iroegbu described the fuel discount introduced by the Federal Government as a scam. According to him, the Federal Government had utterly failed in key areas that […]\nFuel discount is scam, FG has failed — Iroegbu blasts Tinubu govt","\u003Cimg width=\"1280\" height=\"720\" src=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F04\u002FDickson-Iroegbu.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin: auto; margin-bottom: 5px;max-width: 100%;\" link_thumbnail=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F04\u002FDickson-Iroegbu.jpg 1280w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F04\u002FDickson-Iroegbu-300x169.jpg 300w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F04\u002FDickson-Iroegbu-1024x576.jpg 1024w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \u002F>\u003Cp>A chieftain of the Nigeria Democratic Congress, NDC, Dickson Iroegbu, has criticised the administration of President Bola Tinubu.\u003Cbr \u002F>\nSpeaking during an interview on Arise Television’s Prime Time on Friday, Iroegbu described the fuel discount introduced by the Federal Government as a scam.\u003C\u002Fp>\n\u003Cp>According to him, the Federal Government had utterly failed in key areas that could improve the lives of Nigerians.\u003C\u002Fp>\n\u003Cp>DAILY POST recalls that the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, had said the Federal Government \u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F08\u002Ffg-announces-30-day-discount-on-petrol-sold-by-nnpc\">was offering a discount on petrol\u003C\u002Fa> sold by the Nigerian National Petroleum Company Limited, NNPCL, for the next 30 days.\u003C\u002Fp>\n\u003Cp>Reacting, the NDC stalwart said, “The fuel discount is a scam. This government has shown itself to be inept.\u003C\u002Fp>\n\u003Cp>“It has continually described subsidy removal as a bold and necessary decision, while people who protested against it were detained.\u003C\u002Fp>\n\u003Cp>“Now, days before the election, it has introduced a 30-day fuel discount. There is nothing wrong with subsidies; corruption needs to be tackled, and the returns can go towards funding subsidies. The government has utterly failed in these areas.\u003C\u002Fp>\n\u003Cp>“By the way, NNPC is a private limited liability company. It is no longer owned by the government. Again, NNPC has come out to explain what the discount is about, saying it was actually part of the celebration of our 66th Independence Anniversary.\u003C\u002Fp>\n\u003Cp>“NNPC announced that the pump price would be offered at a discounted rate. It was not the government.\u003C\u002Fp>\n\u003Cp>“​This government is looking for a way to hoodwink and confuse Nigerians into believing that it has a plan, when it has shown over three years that it has no real plan.”\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F10\u002Ffuel-discount-is-scam-fg-has-failed-iroegbu-blasts-tinubu-govt\u002F\">Fuel discount is scam, FG has failed — Iroegbu blasts Tinubu govt\u003C\u002Fa>\u003C\u002Fp>\n","fuel-discount-is-scam-fg-has-failed-iroegbu-blasts-tinubu-govt",{"id":60,"createdAt":61,"updatedAt":61,"name":62,"slug":63},[66,1814,1891,1892,1893,1894,1895,1896],"scam","failed","iroegbu","blasts","tinubu","govt","https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2026\u002F04\u002FDickson-Iroegbu.jpg",{"id":1820,"createdAt":1821,"updatedAt":1822,"name":1823,"image":1824,"slug":1825},8,"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F10\u002Ffuel-discount-is-scam-fg-has-failed-iroegbu-blasts-tinubu-govt\u002F",{"status_code":4,"message":74,"data":1902,"meta":1950},[1903,1911,1919,1926,1933,1940,1945],{"id":1904,"createdAt":1905,"updatedAt":1906,"title":1907,"target":1908,"content":1909,"placement":1910,"contentType":1817},"4c572936-8c19-4274-b913-603c35254736","2026-05-29T10:07:19.607Z","2026-09-22T10:47:19.000Z","Serva Multispecialist Hospital","https:\u002F\u002Fservaspecialisthospital.com","https:\u002F\u002Fcdn.oneclickafrica.com\u002Fad\u002F1a4be26d-0bcf-4f88-9a5d-fc8a99dd2d36.mp4","banner",{"id":1912,"createdAt":1913,"updatedAt":1914,"title":1915,"target":1916,"content":1917,"placement":1918,"contentType":1817},"6d19307e-24e7-49a4-b162-b3905fc0859e","2026-04-28T12:42:14.323Z","2026-09-19T09:51:30.000Z","Bloomdaisy Banner","https:\u002F\u002Fwww.instagram.com\u002Fbloomdaisycouture\u002F","https:\u002F\u002Fcdn.oneclickafrica.com\u002Fad\u002Fab4b3880-4a32-4f12-b077-dfc26173c745.mp4","feed",{"id":1920,"createdAt":1921,"updatedAt":1922,"title":1923,"target":1924,"content":1925,"placement":1918,"contentType":1817},"7efa3bb4-6ea1-4c3e-8cf7-3425186d214b","2026-04-10T12:10:30.346Z","2026-08-13T03:02:46.880Z","Debyl Feed","https:\u002F\u002Fdebyllimited.com","https:\u002F\u002Fcdn.oneclickafrica.com\u002Fad\u002F166b377e-8e7a-4786-8d04-3251f20ba866.mp4",{"id":1927,"createdAt":1928,"updatedAt":1929,"title":1930,"target":1924,"content":1931,"placement":1932,"contentType":1817},"bdcfd8d7-121a-41fe-bdaa-57a89e00c410","2026-04-10T12:24:30.687Z","2026-10-08T17:46:54.000Z","Debyl Sidebar Ad","https:\u002F\u002Fcdn.oneclickafrica.com\u002Fad\u002F351b11a5-38a0-4e2c-811c-a9b032791b36.mp4","sidebar",{"id":1934,"createdAt":1935,"updatedAt":1936,"title":1937,"target":1938,"content":1939,"placement":1918,"contentType":1817},"6dc9512c-2b9b-4df5-a906-230909ad73e8","2026-04-15T11:46:57.678Z","2026-10-07T18:33:17.000Z","One Click Africa","https:\u002F\u002Foneclickafrica.com\u002Fcontact","https:\u002F\u002Fcdn.oneclickafrica.com\u002Fad\u002Fa8506f16-3a36-4ef1-a5d6-d1f7a206d65a.mp4",{"id":1941,"createdAt":1942,"updatedAt":1943,"title":1937,"target":1938,"content":1944,"placement":1932,"contentType":1817},"7a3252b7-7ab5-4ebf-9553-4af09c50fc1f","2026-04-15T12:04:31.034Z","2026-09-23T15:06:23.000Z","https:\u002F\u002Fcdn.oneclickafrica.com\u002Fad\u002Fa0f3f47a-cb21-455a-b5e0-7823e3e83a81.mp4",{"id":1946,"createdAt":1947,"updatedAt":1948,"title":1937,"target":1938,"content":1949,"placement":1910,"contentType":1817},"c1291508-23ab-45fa-b5cf-db74c2701910","2026-04-15T11:46:50.476Z","2026-10-07T18:32:29.000Z","https:\u002F\u002Fcdn.oneclickafrica.com\u002Fad\u002F29c6861d-d32e-4df2-9bdf-9d5d3b4c6b75.mp4",{"total":84},{"status_code":4,"message":74,"data":1952},[1953,1954,1955,1956,1957,1958,1959,1960,1961,1962,1963,1964,1965,1966,1967,1968,1969,1970,1971,1972],"BBNaija Season 11’s Final Five Talked Boldness, Authenticity & What Comes Next With Guinness","DeBoer rues DB Lee's lack of 'emotional maturity' on costly personal foul","Euromatch NPFL: Plateau United To Miss Five Players Against Kano Pillars","Siku ya Mtoto wa Kike: Wadau wadai utekelezaji wa hukumu ya Sheria ya Ndoa","Nigeria must replace discretion with rules to earn investor confidence","Fintech firm targets African market in next growth phase","Why health should be seen as economic problem as well as medical one — Atima","Port Harcourt articulated vendors record N114m in sales as ‘Awoof Fair Naija’ enters 5th edition","Portugal reveal when Ronaldo will next play for national team after suspension","A Red River game winner and upsets galore in the SEC","2026 BSAFCONQ: Referees Admit Error, Confirm Nigeria-Ghana Clash Ended 3-3","2027: INEC excludes Pantami, Adebutu, clears Chinda in final governorship candidates’ list","Kwa nini kizazi cha sasa kimepoteza hofu ya Mungu? 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