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Fuel Price Surge Triggers Alarm: House Of Reps Calls For Immediate Review

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2 years ago

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Fuel Price Surge Triggers Alarm: House Of Reps Calls For Immediate Review. The House of Representatives has issued a warning that the recent increase in fuel pump prices could lead to social unrest.....KINDLY READ THE FULL STORY HERE▶

 

 

 

 

 

 

 

 

 

 

This warning comes after a meeting between the Federal Government and labor leaders regarding the petrol price hike concluded without an agreement.

Last week, the NNPC retail outlets raised petrol prices to N1,030 per litre from N897 in Abuja, while in Lagos, the price surged to N998 per litre from N868. Other regions saw similar increases. This marks the second price hike in a month, reflecting a 14.8% increase or N133.

The price hikes have led to higher transportation and food costs nationwide, prompting the organized labor and private sector to demand an immediate reversal of the increase. The Nigeria Labour Congress and the Trade Union Congress condemned the hike, calling for urgent action.

During a plenary session, the House urged the Federal Government to reverse the price increases for petrol and cooking gas, considering the ongoing economic hardships faced by citizens. This resolution followed the adoption of a motion introduced by Minority Leader Kingsley Chinda and 100 other members.

Chinda highlighted that the rising prices of petrol and cooking gas are placing an unsustainable financial burden on ordinary Nigerians and worsening living costs. He noted that the removal of fuel subsidies, combined with global oil price fluctuations and naira depreciation, has significantly contributed to the increase.

He stated, “The escalating prices of fuel and gas are affecting transportation, food, essential goods, and healthcare, further driving inflation and pushing many families into deeper financial hardship.”

Chinda also pointed out that small and medium-sized enterprises are struggling with operational costs due to the fuel price hikes, threatening economic stability and job security. He expressed concerns that unless immediate action is taken, Nigeria could face an economic crisis that leads to increased crime and mortality rates.

House Minority Whip Ali Isa criticized the continuous rise in petroleum prices, stating, “The people are suffering due to the fuel price increase. The government must listen to the people’s cries and revise any policies that negatively impact Nigerians.”

Deputy Minority Whip George Ozodinobi added that the fuel price increases have rendered the new minimum wage ineffective, as rising costs have affected food prices and transportation.

In response to the motion, the House called for the Nigerian National Petroleum Company Limited and the Ministry of Petroleum Resources to expedite the maintenance of domestic refineries to enhance local refining capacity. The House also urged the Central Bank of Nigeria to implement monetary policies to mitigate the negative effects of fuel price hikes on inflation.

Additionally, the House encouraged the Tinubu-led government to explore alternative energy sources and diversify the country’s energy mix to reduce reliance on petrol and gas.

Following demands from labor leaders for fuel price reductions, a closed-door meeting took place between the Federal Government and union representatives in Abuja. Despite discussions, no agreement was reached, with labor leaders firmly advocating for a reversal of the price hike.

Minister of Information Mohammad Idris emphasized the government’s commitment to ongoing engagement with labor leaders, stating, “It is a work in progress, not a one-off thing. Labour is an important component of this country.”

Bagudu noted that while tough decisions may bring challenges, the government is focused on creating a more stable economy, asserting that they are confident in the direction the economy is headed.

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THE ULTIMATE CLIMDOWN: Inside UEFA’s Shocking Decision To Back Down From FIFA!.

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10 hours ago

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August 26, 2026

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  • End of Boycott Threat: European football nations are poised to withdraw their threat to boycott FIFA competitions after receiving key assurances from the global governing body, averting a standoff between UEFA and FIFA President Gianni Infantino [cite: European football nations are set to back down from their threat to boycott FIFA competitions after reportedly receiving assurances from the world football governing body., The development is expected to end an immediate standoff between UEFA and FIFA President Gianni Infantino, following a controversial proposal that had sparked strong opposition from European football officials.].....KINDLY READ THE FULL STORY HERE▶

    • Origins of the Crisis: The tension began last month when UEFA threatened to pull European teams from FIFA events over Infantino’s controversial plan to sell private investor shares in a commercial venture tied to the World Cup. Although Infantino dropped the proposal, UEFA sought guarantees against future structural changes.

    • Upcoming Tournaments: Following assurances reported by Sky News to be discussed in Monaco, England and other European nations are set to participate in the upcoming FIFA Under-20 Women’s World Cup in Poland as scheduled, resolving the immediate crisis [cite: According to Sky News, those assurances have now been provided and are expected to be discussed during meetings in Monaco on Thursday., The development means England and other European countries are expected to take part in the FIFA Under-20 Women’s World Cup in Poland next week as scheduled., Their participation will bring an end, at least for now, to the threat of a European boycott of FIFA competitions.].

    • Leadership and Elections: While UEFA and various global vice presidents have challenged Infantino’s leadership, the Under-20 tournament offers him a public platform ahead of the Women’s World Cup in June 2027 [cite: UEFA has remained at the forefront of efforts to challenge Infantino’s leadership, with reports suggesting that some FIFA vice presidents from Asia, Europe and North America have also backed the push., The Under-20 Women’s World Cup is also expected to give Infantino a chance to make a public appearance as FIFA president despite the ongoing divisions within the organization., reports that the next senior FIFA tournament will be the Women’s World Cup in June 2027.]. Meanwhile, Infantino has yet to declare his stance for the presidential election slated for March, with prospective candidates facing a November deadline to secure backing from at least five football associations [cite: However, the tournament will come after the FIFA presidential election scheduled for March next year., Infantino has not yet publicly declared his position regarding the election, while potential candidates have until November to secure the backing of at least five football associations required to enter the race.].

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2027 RACE EXPLODES: Malami Breaks Silence, Names Campaign DG And Shakes Up The Political Landscape!.

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11 hours ago

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August 26, 2026

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  • ADC Campaign Council Inauguration: Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami—who is running for Governor of Kebbi State alongside running mate Musa Zagi on the African Democratic Congress (ADC) platform—inaugurated a massive campaign council comprising over 600 members from across the state’s senatorial districts and local governments [cite: Former Attorney-General of the Federation Abubakar Malami, has inaugurated the African Democratic Congress (ADC) campaign council in Kebbi State., The inauguration was held on Wednesday as more than 600 party members were unveiled as part of the campaign council, with representatives drawn from different local government areas, senatorial districts, communities and political backgrounds across Kebbi State., Abubakar Malami is contesting for Governor of Kebbi State on the ADC platform and Musa Zagi is his running mate.].....KINDLY READ THE FULL STORY HERE▶

    • Leadership Appointment: Rt. Hon. Sani Tadurga, a former Deputy Speaker of the Kebbi State House of Assembly, was appointed as the Director-General to coordinate the party’s statewide campaign activities and mobilize support [cite: reports that the former Minister of Justice named Rt. Hon. Sani Tadurga as the Director-General of the campaign team., Tadurga, a former Deputy Speaker of the Kebbi State House of Assembly, will coordinate the campaign activities of the ADC in the state and work with other members of the council to mobilise support for the party’s candidates.].

    • Unified Strategy: Malami emphasized that the council unites all elective positions—from governorship down to the state assembly—under one collective political family and urged members to work cohesively [cite: Speaking at the event, Malami said the new campaign structure was designed to bring the party’s candidates and supporters under one coordinated platform., “This Campaign Council represents our collective ADC campaign. It is not about one candidate or one elective position. From the governorship to the Senate, House of Representatives and State House of Assembly, we must work as one political family,” Malami said.].

    • Call for Inclusivity: He cautioned against internal rivalries, tribalism, and sectional interests, stressing that every community, ward, and district across Kebbi State must feel included in the political movement [cite: He urged members of the council to avoid tribalism, sectional interests and internal rivalry, warning that such divisions could weaken the party’s campaign., Malami said every part of Kebbi State should be included in the political movement, adding that no tribe, senatorial district, local government, ward or community should feel left out.].

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MARRIAGE MADNESS: Nollywood Star Ronke Oshodi Drops Shocking Confession That She Almost Went Insane After Walking Down The Aisle!.

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11 hours ago

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August 26, 2026

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  • Struggles in Early Marriage: Nollywood actress Ronke Oshodi Oke shared during an interview on African A-List that she faced severe challenges shortly after getting married, which heavily impacted her physical and emotional well-being [cite: Nollywood actress Ronke Oshodi Oke has spoken on the difficult period she experienced during her marriage., The actress shared the experience during an interview on African A-List, where she reflected on her former marriage and the effect the challenges she faced had on her physical and emotional well-being.].....KINDLY READ THE FULL STORY HERE▶

    • Health Impacts: While noting that her former husband never physically abused her, she revealed that the overwhelming pressure caused her to develop high blood pressure for the first time in her life, pushing her to a point where she felt she “nearly ran mad” [cite: She made it clear that her former husband did not physically abuse or beat her, but said the difficulties in the relationship still became overwhelming., She said she had never dealt with high blood pressure before getting married, but began experiencing it after becoming a newlywed., “When I was newlywed, it was the first time I had high blood pressure; it was when I got married that I nearly ran mad.”].

    • Decision to Leave: Realizing the situation was unsustainable, she chose to pack her things and leave for the sake of her health and well-being [cite: “I got to a point where I realized that leaving the marriage was the best decision for my well-being, so I packed my belongings and left because I knew I could no longer continue living in that situation.”].

    • Current Standing: The separation did not turn them into enemies; they remain on good terms for the sake of their children, and the experience has not completely closed her heart to the concept of marriage.

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