Editorial
No To Petrol Price Hike
The Petroleum Products Marketing Company (PPMC), penultimate Wednesday, announced a new ex-depot price of N151.56 per litre for Premium Motor Spirit (PMS), also known as petrol.
The new price was, however, reported to have been overridden by the N147.67 per litre price later announced by the Nigerian National Petroleum Corporation (NNPC) which claimed that the earlier announcement by its subsidiary was premature and unauthorised.
Following the PPMC’s announcement, petroleum products marketers had warned that the litre price of petrol might rise to between N162 and N165. But with the NNPC’s announcement of a lower ex-depot price, they were said to have adopted a band of N148-N150 per litre pump price.
Before the latest price increase, the ex-depot price of petrol was stated at N138.62 per litre with the Petroleum Products Pricing Regulatory Agency (PPPRA) approving a pump price band of N140.80-N143.80, even though the product retailed largely at N145.
Coming a day after the government announced a similar hike in electricity tariff, many Nigerians were livid and expressed their disappointments while reacting to the development.
President of the Nigeria Labour Congress (NLC), Ayuba Wabba, said that Nigerians and the NLC were shocked by the increase, especially coming at a time when the masses were passing through very precarious times.
“The increase in the price of petroleum (sic) has happened now more than three times in three months. Only yesterday (September 1), they hiked the tariff of electricity. To compound it, they also reduced the interest rate on savings which affected mostly the poor and the vulnerable.
“While rejecting this in the strongest terms, I think Nigerian government is taking Nigerians for granted,” he said.
According to Wabba, NLC’s Central Working Committee is currently discussing the next line of action.
The main opposition party in the country, the Peoples Democratic Party (PDP), was equally swift in demanding a reversal of the petrol price increase in order to avert a national crisis.
In a press statement issued by its National Publicity Secretary, Kola Ologbondiyan, the party warned that “The increase will result in upsurge in costs of goods and services and worsen the biting hardship being faced by Nigerians who are already impoverished and overburdened by APC-imposed high cost of living in the past five years.”
In his reaction, the Acting Director General of the Manufacturers Association of Nigeria (MAN), Ambrose Oruche, said that the poor and small businesses that depend on petrol to power their electricity generators would be hard hit.
Oruche, in an interview with newsmen, advised government to reduce the impact by ensuring that power generation and distribution improve significantly so as to enable people get at least 20 hours of light in a day to reduce their dependence on petrol.
But even with the growing public outcry over the new fuel cost, the Federal Government has continued to justify its action while insisting on a non-reversal.
Minister of State for Petroleum Resources, Chief Timipre Sylva, had, while addressing newsmen a day after the new price announcement, blamed the situation on the government’s inability to raise N1 trillion annually for fuel subsidy payments.
The Tide wishes to join other well-meaning Nigerians in calling on the Federal Government to rethink the current hike in petrol pump price so as to reduce the negative impact on the masses.
We recall the spontaneous mass revolt in 2012 when the President Goodluck Jonathan administration attempted an increase in fuel price which forced the government to quickly rescind its policy. That, we think, is the mark of a listening administration and commends itself to succeeding regimes.
Again, given the ravaging impact of COVID-19 pandemic on Nigerians, the current hikes in the prices of such essential commodities as petrol and electricity appear to be ill-timed and capable of portraying the government as both wicked and insensitive.
We are equally appalled by government’s reluctance to vigorously pursue a rehabilitation of the nation’s four refineries in order to reduce the cost of petroleum products on consumers. No matter how well the government’s argument may sound against petrol subsidy, we still think that its withdrawal should have come after a full repair of the refineries.
Need we also remind government at all levels that the time calls for more pragmatic efforts at diversifying Nigeria’s economy to curtail the dependence on oil revenue for national development. It is sad that not much, if anything, appears to be happening in the solid minerals sector.
Furthermore, we think it is high time the nation’s leaders took serious steps to cut down the cost of governance by checking profligacy and corruption in the system.
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WPFD: Nigeria’s Defining Test
Nigeria stands at a critical juncture as the world marked World Press Freedom Day (WPFD) on May 3. This annual observance is a reminder that a free press is central to democratic life, good governance, and public accountability. For Nigeria, it is also a moment for sober reflection on how far the country has come and how far it still has to go in safeguarding the independence of its media.
World Press Freedom Day exists to highlight the fundamental importance of freedom of expression and to honour journalists who risk their lives in pursuit of truth. It underscores the idea that without a free press, societies cannot function transparently, nor can citizens make informed decisions. In countries like Nigeria, where democracy continues to evolve, the observance carries particular urgency.
This year’s theme, “Shaping a Future at Peace: Promoting Press Freedom for Human Rights, Development and Security”, places journalism at the heart of global stability. It emphasises that a peaceful society cannot be built on silence, fear, or manipulated information. Rather, it depends on the free flow of accurate, timely, and independent reporting.
At its core, the theme highlights the role of journalism in fostering accountability, dialogue, and trust. These are not abstract ideals. In Nigeria, where public confidence in institutions is often fragile, the media remains one of the few platforms through which citizens can question authority and demand transparency. When press freedom declines, so too does public trust.
Journalism serves as a foundation for peace, security, and economic recovery. Countries with robust media systems tend to attract greater investment, maintain stronger institutions, and resolve conflicts more effectively. Nigeria’s economic challenges, ranging from inflation to unemployment, require open scrutiny and informed debate, both of which depend on a free press.
However, the issue of information integrity has become increasingly complex in the digital age. Artificial Intelligence (AI) and online platforms have amplified the spread of misinformation and disinformation. In Nigeria, where internet penetration has grown rapidly, false narratives can travel faster than verified facts. This makes the role of credible journalism more vital than ever.
The challenge is not only technological but also ethical. AI-driven manipulation of information threatens to distort public discourse, influence elections, and deepen social divisions. In such an environment, professional journalism must act as a stabilising force, ensuring that truth prevails over sensationalism and propaganda.
Equally troubling is the safety of journalists. Across Nigeria, reporters face growing levels of online harassment, judicial intimidation, and physical threats. Self-censorship is becoming more common, as media practitioners weigh the risks of reporting sensitive issues. This trend undermines the very essence of journalism.
A particularly alarming incident involved a serving minister in the present administration, who openly threatened to shoot a journalist during a televised exchange. Such conduct, broadcast to the public, sends a dangerous signal that hostility towards the press is acceptable. It erodes the norms of democratic engagement and places journalists in harm’s way.
This year’s theme aligns closely with the United Nations Sustainable Development Goal (SDG)16, which promotes peace, justice, and strong institutions. Freedom of expression is a cornerstone of this goal. Without it, institutions weaken, corruption thrives, and justice becomes elusive. Nigeria’s commitment to SDG 16 must therefore include genuine protection for the media.
Historically, the Nigerian press has been a formidable force. From resisting colonial rule to challenging military dictatorships, our journalists have played a central role in shaping the nation’s political landscape. Today, however, that legacy appears to be under strain, as the media operates under what can best be described as a veneer of freedom.
Beneath this facade lies a troubling reality. Journalists are routinely harassed, detained, and prosecuted for performing their constitutional duties. Reports from media watchdogs indicate that dozens of Nigerian journalists face legal threats or arrest each year, often for exposing corruption or criticising those in power.
The Cybercrimes (Prohibition, Prevention, etc.) Act of 2015 has become a focal point of concern. Originally intended to combat cyber threats, it has increasingly been used to silence dissent. Sections 24 and 27(1)(b), in particular, have been invoked to target journalists, bloggers, and social commentators.
Although amendments introduced in February 2024 were meant to safeguard journalists, concerns persist. The law continues to be wielded in ways that stifle investigative reporting and restrict freedom of expression. Legal reforms must go beyond cosmetic changes to address the root causes of misuse.
To safeguard the future of journalism in Nigeria, decisive action is required. The Cybercrimes Act must be revisited to ensure it cannot be weaponised against the press. Law enforcement agencies must operate free from political influence, upholding the rule of law and protecting journalists’ rights. Civil society and international partners must also strengthen independent media through funding, training, and platforms for wider reach.
In this rapidly evolving world shaped by artificial intelligence and digital innovation, Nigeria faces a clear choice. It can either allow press freedom to erode under pressure, or it can champion a truly independent media landscape. The path it chooses will determine not only the future of journalism, but also the strength of its democracy and the peace it seeks to build.
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