The poster, tagged “AtiDele 2027,” suggested Atiku as presidential candidate with Momodu as his deputy, but the media entrepreneur described it as a misleading creation aimed at distracting the ADC.

Reacting via his X handle, Momodu clarified that he is not interested in any electoral contest and urged supporters to disregard the circulating image.

He said when he first saw the poster, he assumed it was a joke, but later began receiving repeated messages about it, prompting him to publicly address the issue.

Momodu stressed that he is not contesting any political office, but remains committed to supporting a coalition of parties working to unseat the ruling All Progressives Congress (APC), which he accused of weakening Nigeria’s democracy.

He added that he believes the ADC has many capable leaders, stating that he is ready to support whoever emerges as the party’s candidate.

According to him, his role will be to offer support rather than seek personal political ambition, especially as preparations toward future elections continue.

Findings on Thursday evening showed that major marketers such as the Nigerian National Petroleum Company Limited (NNPCL), MRS, BOVAS, Ardova (AP), and Mobil have adjusted their pump prices to between N1,364 and N1,370 per litre.

Other outlets, including AA Rano, Emedab, Empire Energy, and Ranoil, are selling at even higher rates, ranging from N1,370 to N1,440 per litre.

This represents a sharp increase from about N900 per litre recorded in February 2026.

The latest hike comes just 24 hours after Dangote Refinery and depot operators raised their gantry and ex-depot prices to N1,275 and N1,320 per litre respectively, citing rising global crude oil costs.

Market data on Friday morning showed that Brent and West Texas Intermediate (WTI) crude rose to $111 and $105 per barrel, driven by ongoing geopolitical tensions involving Iran, the United States, and Israel in the Middle East.

The situation has also been worsened by the recent withdrawal of the United Arab Emirates from the Organization of Petroleum Exporting Countries (OPEC), further increasing volatility in the global oil market.

Reacting to the development, the spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said the global oil price increase is directly affecting fuel costs in Nigeria.

He noted that while Dangote Refinery has helped cushion the impact, fluctuations in the international crude market are still influencing domestic pricing.

The continuous rise in petrol prices has sparked fresh calls for government intervention, as Nigerians struggle with worsening economic hardship.

The development comes at a sensitive time as workers mark May Day, with the national minimum wage at N70,000 and the cost of living rising alongside fuel prices edging close to N1,500 per litre.

Fagbemi made the request before the Federal High Court, arguing that it is unconstitutional to allow political parties that have consistently failed to win electoral seats to remain registered.

His position was presented in an affidavit filed in response to a suit by the National Forum of Former Legislators (NFFL), which is also seeking the deregistration of the affected parties.

The AGF urged strict enforcement of Section 225A of the Nigerian Constitution, stating that the Independent National Electoral Commission (INEC) has no discretionary power to retain parties that do not meet the required electoral performance threshold.

He further argued that the continued existence of non-performing political parties contributes to ballot paper overcrowding, increases the cost of elections, complicates electoral administration, and weakens the intent of the Constitution.

According to him, the constitutional amendment was introduced to address challenges such as ballot clutter and inefficiencies in the voting process.

Fagbemi also noted that, as the chief law officer of the federation, he is empowered to initiate or support actions aimed at ensuring compliance with constitutional provisions.

Earlier in the proceedings, counsel to the NFFL, Yakubu Ruba (SAN), told the court that the case seeks judicial clarification on constitutional and legal provisions governing the registration and continued recognition of political parties in Nigeria.

He explained that the suit is strictly for constitutional interpretation, insisting that some political parties may have violated the law, and therefore require judicial guidance on their status.