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FG Contemplates Fuel Price Hike … Amid Conflicting Signals

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Two government officials yesterday gave diverse indications on what government is considering to resolve the current petrol scarcity.
While a state governor who briefed journalists after a meeting presided by Vice President Yemi Osinbajo hinted at a possible price increase, the Minister of State for Petroleum said such was not being contemplated.
The federal government and the state-owned NNPC have repeatedly vowed that there was no plan to increase the N145 per litre official price of the product despite the scarcity. This is despite the fact that most Nigerians across the country pay about N200 per litre to buy the scarce commodity.
An indication of the possible price increase was provided by a state governor who briefed journalists at the end of the National Executive Council, NEC meeting. The meeting, attended by most state governors, was presided by Vice President Yemi Osinbajo.
Governor Mohammed Abubakar of Bauchi told journalists that the NEC asked one of its committees, interfacing with revenue agencies in the country, to work on getting the correct price for petroleum products.
He said the committee is headed by the Governor of Gombe State, Ibrahim Dankwambo.
Mr. Abubakar said the committee “has been charged with the responsibility of interfacing with NNPC with a view to determining the correct price for PMS (petrol) considering the price of the product especially in countries that are bordering Nigeria.”
The Bauchi governor said the NEC realised that the price differential between Nigeria and her immediate neighbours is one of the reasons why the product is being smuggled, thereby causing its scarcity in the country.
While Nigeria, Africa’s largest oil producer keeps its official price at N145 per litre, the price is as high as N375 per litre in neighbouring countries like Chad, according to a petrol price monitoring website, globalpetrolprices.com. The NNPC and other government agents and officials have blamed this price differential for the large scale smuggling of petrol to neighbouring countries. Critics have however described such large scale smuggling as failure of government that has failed to secure the country’s borders.
He said Mr. Baru told the council that the scarcity is also partly caused by an inter-play of the exchange rate of the naira to the dollar and the price of crude oil at the international market which affects the landing cost of refined products in Nigeria.
He said the process makes the operation of the N145 price almost impossible without some measured assistance. The NNPC had recently said it was bearing the loss on behalf of Nigerians for petrol to be sold at N145 per litre.
“As at today, most, if not all independent marketers have stopped importing refined products into Nigeria. It is only the NNPC that has been doing it. And the NNPC has been suffering a lot of setbacks.
“If the product lands at N170 for example and you sell at N145, immediately you know that you have an under recovery of about N25 for each litre of fuel,” the Bauchi governor said.
The Minister of State for Petroluem Resource, Dr Ibe Kachikwu, also yesterday, however, said the government was not considering a price hike.
He said the federal government is set to finalise the decision on the private sector financiers for the rehabilitation of the country’s three refineries in Kaduna, Port Harcourt and Warri.
Kachikwu had said last October that government was planning to select, this February, successful bidders from the list of 26 firms that submitted bids to refurbish the four refineries.
“We are almost at a threshold of finalising the process of selection (of bid winners). The successful bidders could be announced by January or February next year,” Mr. Kachikwu said.
Yesterday, Kachikwu said the overhaul of the refineries would see Nigeria become a net exporter of petroleum products by 2019.
He lamented the lingering fuel scarcity across the country, blaming the inability of government to address the problem on logistics and policy issues.
He spoke in Abuja while addressing reporters on his ministry’s plan to host the Nigerian International Petroleum Summit (NIPS), a new oil and gas conference and exhibition scheduled for next week in Abuja.
To resolve the current fuel supply crisis, which resurfaced in the country in November last year, he said government would need to address certain fundamental policy issues, especially with regards to petrol pricing.
“Behind the scenes, a lot of meetings are taking place, because the fuel queue issue borders on both logistics and policy issues,” he said.

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Rivers Govt Hails Anglican Church’s Role In Peace, Development

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The Rivers State Government has commended the Church of Nigeria (Anglican Communion) for its outstanding contributions to the development of Rivers State, particularly in the areas of peacebuilding, education, healthcare, and moral development.
Governor of Rivers State, Siminalayi Fubara, stated that the Church has remained a dependable partner in promoting peace, unity, justice, moral discipline, and social harmony across society.
The Governor, who was represented by the Secretary to the State Government, Dr. Dagogo Wokoma, made the remarks during the thanksgiving service marking the 30th Anniversary and First Session of the 11th Synod of the Diocese of Niger Delta North, held at St. Peter’s Anglican Church on Sunday.
Governor Fubara described the Synod’s theme, “Kingdom Advancement: The Priority of Every Believer,” as timely and relevant, considering the prevailing realities in society.
According to him, the Church continues to play a vital role in shaping societal values and inspiring hope among citizens.
“The Church remains a vital partner in promoting peace, unity, justice, and moral discipline. Its role in shaping values and inspiring hope cannot be overemphasized,” he stated.
The Governor further acknowledged the Anglican Communion’s contributions in education, healthcare delivery, youth empowerment, humanitarian services, and spiritual guidance across communities in Rivers State.
“The Rivers State Government appreciates the invaluable contributions of the Anglican Communion in education, healthcare, youth development, humanitarian support, and spiritual guidance. Your impact across communities in Rivers State continues to strengthen families and promote peaceful coexistence among our people,” he added.
Governor Fubara reaffirmed his administration’s commitment to building a peaceful, united, and prosperous Rivers State where all citizens can thrive irrespective of religion, ethnicity, or social background.
He also urged the Synod to continue praying for sustainable development and progress in Rivers State and Nigeria at large.
Earlier in his sermon, the Guest Minister, Joseph Olushola, spoke on the topic, “Kingdom Investment and Internal Rewards,” urging Christians to remain faithful stewards of God’s blessings and committed to advancing God’s kingdom through service and generosity.
The cleric emphasized that believers are custodians of the virtues and resources entrusted to them by God, stressing that divine rewards are based on faithfulness and impact rather than material possessions.

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Shell, MAN Back Rivers’ Drive For Expanded Gas Supply To Industries

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The Shell Nigeria Gas Limited, in partnership with the Manufacturers Association of Nigeria (MAN), has reaffirmed support for efforts to expand gas distribution infrastructure in Rivers State as part of initiatives aimed at improving access to affordable, cleaner and more reliable energy for industries across the South-South region.
The commitment was highlighted during the SNG–MAN Business Forum held in Port Harcourt, where stakeholders from the industrial and public sectors examined the role of natural gas in driving industrialisation, boosting local production and strengthening energy security.
Speaking at the forum on behalf of the Managing Director of Shell Nigeria Gas Limited, the company’s Head of Gas Distribution, Mr. Chukwuka Amos Ejesi, described natural gas as a critical component of Nigeria’s energy mix and a key driver of sustainable industrial growth.
According to him, Nigeria’s gas development agenda has reached a stage where policy direction must be matched with practical implementation capable of addressing the energy challenges confronting manufacturers.
He noted that pipeline gas offers industries a cleaner, more dependable and cost-effective energy alternative capable of supporting uninterrupted operations, reducing emissions and improving production efficiency.
“Gas is the backbone of manufacturing, and we are encouraged by the growing recognition among stakeholders of the need for cleaner and more reliable energy solutions,” he said.
Ejesi stressed the need for sustained collaboration among energy providers, government institutions and industrial stakeholders to maximise the country’s gas resources for economic development.
He added that improved gas infrastructure would strengthen manufacturing value chains, enhance productivity and promote more competitive industrial operations across Rivers State and the wider South-South region.
Participants at the forum also emphasised the importance of expanding energy infrastructure as a pathway to unlocking industrial capacity, reducing operating costs and promoting sustainable industrial development.
Representing Governor Siminalayi Fubara, the Director-General of the Rivers State Investment Promotion Agency, Dr. Chamberlain Peterside, reaffirmed the state government’s commitment to partnering with private sector investors to revitalise industrial activities in the state.
He identified key projects targeted under the initiative to include the revival of the Ahoada Industrial Park, the New Port City project and the proposed Bonny Industrial Park, all aimed at stimulating economic growth and expanding industrial opportunities along the Bonny corridor.
According to the governor, the long-term vision is to position Rivers State as a leading manufacturing hub in Southern Nigeria through strategic public-private partnerships.
Governor Fubara also commended Shell Nigeria Gas and MAN for sustaining engagements geared towards improving industrial energy access, noting that gas infrastructure development remains central to the state’s economic recovery plans.
He further observed that the gas sector presents enormous opportunities for economic growth, especially as global energy systems continue to shift towards cleaner energy sources.
The governor called on stakeholders to work collectively towards developing a practical and sustainable gas framework capable of supporting the state’s industrial and energy development objectives.

By; Kevin Nengia

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Odu Charges Newlyweds To Build Marriage On Love

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Rivers State Deputy Governor, Prof. Ngozi Nma Odu, has charged newlywed couples to build their marriages on the virtues of love and submission as taught in the Word of God.
Prof. Odu gave the charge at the wedding ceremony of Amblessed Favour Sunny-Cookey and Samson Jesuganji at Lifegate Power Ministries, Dominion Cathedral, in Port Harcourt on Saturday, 16th May 2026.
The Deputy Governor congratulated the couple on beginning a new phase of life together and prayed for God’s blessings upon their union, noting that the couple had been raised by godly parents and encouraged them to uphold the Christian values instilled in them.
Referring to the sermon delivered during the ceremony, Prof. Odu emphasized that the principles of love and submission remain fundamental to a successful marriage.
According to her, genuine love reflects the nature of God, stressing that love should remain the foundation of the couple’s relationship as they journey through life together.
Prof. Odu further prayed for enduring peace, happiness, and progress in the home, expressing confidence that the marriage would continue to flourish under God’s guidance.
The Deputy Governor also commended the families of the couple for their support and upbringing, while urging the newlyweds to always remember the significance of the day and the commitment they had made before God and witnesses.
In his sermon at the wedding, the Founder and Presiding Pastor of Salvation Ministries, Pastor David Ibiyeomie, stated that marriage did not originate from Western culture, traditions, or human ideas, but from God, whom he described as the “manufacturer” of marriage.
According to the cleric, couples seeking lasting and peaceful homes must rely on biblical principles rather than societal trends or assumptions.
He explained that many marital crises and rising divorce rates stem from ignorance and failure to apply scriptural teachings in family life.
Drawing from the biblical parable of building a house on a rock, Pastor Ibiyeomie said the Word of God remains the only solid foundation capable of sustaining marriages through challenges and difficult times.
He noted that marriage naturally comes with unexpected realities and pressures, stressing that religious ceremonies or cultural practices alone are not enough to sustain a home without proper understanding of God’s instructions.
The pastor further warned that ignorance of scripture remains one of the greatest weapons against believers, urging Christians to study and practice the Word of God rather than merely attending church services.
It would be recalled that the bride is the daughter of Pastor Sunny Cookey the Founder and Presiding Pastor of Lifegate Ministries. The Ceremony had lots of Ministers in attendance which includes Apostle Zilly Aggrey, Pastor George Izunwa, and Bishop Winston Iwo

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