The Nigerian National Petroleum Company Limited (NNPCL) has reduced petrol prices at its retail stations to ₦1,130 per litre in Lagos and ₦1,165 per litre in Abuja.....KINDLY READ THE FULL STORY HERE▶

The new rates, effective Wednesday, mark a ₦100 drop from ₦1,230 per litre in Lagos and a ₦95 decrease from ₦1,260 per litre in Abuja.

Observations show that several NNPCL outlets in Lagos, including stations along Isheri Oshun Road, Apple Junction, and Ago Palace Way, have already implemented the revised prices. In Abuja, motorists saw the new ₦1,165 per litre rate at stations in Jabi and Wuse.

The adjustment provides modest relief to consumers who have faced repeated fuel price hikes in recent months.

The reduction comes even as many oil marketers have yet to reflect the earlier ₦100 per litre cut in petrol’s gantry price by the Dangote Petroleum Refinery, which lowered its price to ₦1,075 following a dip in global crude oil prices.

The previous spike in crude prices was driven by geopolitical tensions involving the United States, Iran, and Israel, which raised concerns over potential disruptions to global oil supply, particularly through the Strait of Hormuz, a key transit route for oil shipments.

Prices began to ease after former U.S. President Donald Trump suggested the conflict could be resolved soon, alleviating fears of prolonged supply shortages. Brent crude, the global benchmark, fell by about 8.45%, dropping from roughly $110 per barrel to around $92 per barrel. The decline also followed European ministers’ discussions on releasing strategic oil reserves to stabilise energy markets.

President Bola Tinubu has affirmed that he has long struggled for the democracy that Nigeria enjoys today.....KINDLY READ THE FULL STORY HERE▶

A Federal High Court in Akure has ruled that Ondo State Governor Lucky Aiyedatiwa is ineligible to contest the 2028 governorship election, citing a violation of the constitutional eight-year tenure limit.....KINDLY READ THE FULL STORY HERE▶

Delivering the judgment on Thursday, Justice Adegoke held that the calculation of Aiyedatiwa’s tenure prevents him from seeking another term after his current one. The court noted that the 1999 Constitution (as amended) clearly bars any governor or president from remaining in office beyond eight years.

The judge referenced the Supreme Court’s precedent in Marwa v. Nyako, which clarified tenure limits for elected officials who assume office following the death of their predecessors. Justice Adegoke emphasized that permitting Aiyedatiwa to contest again would contradict the apex court’s ruling:

“If the third defendant is allowed to contest and serve another four years, that will be against the position of the law in Marwa v. Nyako, where the Supreme Court held that a president or governor cannot serve beyond eight years,” the court stated.

Aiyedatiwa first assumed office on December 27, 2023, after the passing of former Governor Rotimi Akeredolu and was later sworn in again on February 24, 2025, following his victory in the November 16, 2024, governorship election. The court held that these two oaths of office set constitutional limits on the total time he can remain in power.

The suit was filed by Dr. Akin Egbuwalo of the All Progressives Congress, represented by Chief Adeniyi Akintola (SAN). Egbuwalo sought interpretation of Sections 137(3) and 182(3) of the 1999 Constitution regarding the tenure of a governor completing a predecessor’s term. He argued that since Aiyedatiwa has taken two oaths – first as a successor and then as an elected governor – he is only entitled to serve one additional term.

The defendants named in the suit included the Independent National Electoral Commission (INEC), the Attorney-General of the Federation, Governor Aiyedatiwa, the All Progressives Congress (APC), and Deputy Governor Dr. Olayide Adelami. Justice Adegoke noted that the third to fifth defendants did not participate in the hearing, and their legal processes were considered abandoned.

The court upheld the plaintiff’s arguments and granted all reliefs sought, effectively barring Aiyedatiwa from contesting the 2028 Ondo governorship election if the ruling stands.