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Petrol Price Increases By 42.63% Per Litre In One Year -NBS

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The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol has increased from N185.30 in March 2022 to N264.29 in March 2023.
It made the declaration in its Petrol Price Watch for March 2023 released in Abuja on Monday.
It stated that the March 2023 price of N264.29 represented a 42.63 per cent increase over the price of N185.30 recorded in March 2022.
“Comparing the average price value with the previous month of February 2023, the average retail price increased by 0.20 per cent from N263.76.
“On states profiles analysis, Imo paid the highest average retail price of N332.67 per litre, followed by Taraba at N330.00 and Borno at N324.55.
“Conversely, Benue paid the lowest average retail price of N195.00, followed by Plateau at N196.79 and Nasarawa at N197.50, “ it stated.
Analysis by zone showed that the South-East recorded the highest average retail price in March 2023 at N306.00 per litre, while the North-Central recorded the lowest at N205.10 per litre.
The NBS also stated in its Diesel Price Watch Report for March 2023 that the average retail price paid by consumers increased by 55.90 per cent on a year on year basis.
It explained that the retail price moved from a lower cost of N539.32 per litre recorded in March 2022 to a higher cost of N836.81 per litre in March 2023.
“On a month-on-month basis, the price increased by 0.47 per cent from the N836.91 per litre recorded in February 2023 to an average of N840.81 in March 2023 ,’’ it added.
On state profiles analysis, the report said the highest average price of diesel in March 2023 was recorded in Bauchi at N910.46 per litre, followed by Abuja at N889.44 and Adamawa at N880.33 per litre.
On the other hand, the lowest price was recorded in Bayelsa at N768.04 per litre, followed by Katsina at N779.78 per litre and Edo at N797.14 per litre.
In addition, the analysis by zone showed that the North East had the highest price at N856.42 per litre, while the South-South Zone recorded the lowest price at N816.92 per litre.

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Why Wike Is Playing God In Rivers -Asari Dokubo

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A former Niger Delta militant, Asari Dokubo, has claimed that the Minister of the Federal Capital Territory, Nyesom Wike, is “playing god” in the current political crisis that has pitched him against the Rivers State Governor, Sir Siminalayi Fubara.
Dokubo also chided President Bola Tinubu for, according to him, handing over “Rivers and Bayelsa” to the ex-governor.
“He is now playing god. It is dead on arrival, all those things that he is doing,” Dokubo said in a video that surfaced on X.com on Monday.
He added, “I advise my friend, President Bola Tinubu; what you are doing to all Ijaw, Ikwerre people in Rivers State (sic). You took Rivers state and gave it one man”
In April, Fubara revealed that the administration has raised the monthly Internally Generated Revenue of the state from N12 billion which he met upon assumption of office to N27 billion.
Dokubo described the development as commendable while alleging that the governor only had access to N6 billion when he assumed office.
“The governor had come out to say that the IGR for Rivers State is now N27bn up from N12bn. The governor is even being economical with the truth. When the governor came in, they were giving him a paltry sum of N6bn,” he said.
Meanwhile, in another twist to the ongoing crisis, Fubara on Monday said that he would set up a panel of inquiry to look into the affairs of governance in the state.
He disclosed this during the swearing-in and administration of the oath of office on Dagogo Iboroma, SAN, as the Attorney General of the state and Commissioner for Justice.
The governor criticized recent comments by the former Attorney-General of the State and Justice Commissioner, Prof. Zacchaeus Adangor, SAN, who resigned from his cabinet over a fortnight ago and urged the new Attorney-General to defend the state.
He stated, “It is not the one that while you were here… the only thing you do is to sabotage the government.
“Instead of you to close your mouth, you publicly claim that you’re a learned person to tell people that you’re the Chief Law Officer. Chief Law Officer, you were here and went to stand before a Magistrate Court.
“At that time you didn’t remember that you’re a Chief Law Officer going against the ethics of your job.”

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Investors, Tourists To Get Visa Within 48 Hours, FG Assures

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The Federal Executive Council chaired by President Bola Tinubu has approved the establishment of a tripartite committee to streamline visa processes and acquisition for investors interested in investing in Nigeria.
The Minister of Information and National Orientation, Mohammed Idris, revealed this, yesterday, after the FEC meeting held at the Council Chambers of the Presidential Villa, Abuja.
“Our visa processes are becoming cumbersome. The ease of doing business is also tied to our visa processes.
“Going forward, those investors, tourists would find it easy to acquire a visa within the next 48 hours,” Idris said.
The meeting which began on Monday was adjourned till Tuesday to allow for other “far-reaching” decisions, the information minister had told journalists.

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Panel To Probe Governance In Rivers Underway -Fubara …Swears In Iboroma As New Attorney-General

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Rivers State Governor, Sir Siminalayi Fubara, has declared his readiness to set up a panel of inquiry to look into the affairs of governance in the state.
Fubara disclosed this during the swearing-in and administration of the oath of office on Dagogo Iboroma, SAN, as the new Attorney General of the state and Commissioner for Justice.
The governor criticised recent comments by the former Attorney-General of the State and Justice Commissioner, Prof. Zacchaeus Adangor, SAN, who resigned from his cabinet over a fortnight ago and urged the new Attorney-General to defend the state.
Fubara stated, “It is not the one that while you were here… the only thing you do is to sabotage the government.
“Instead of you to close your mouth, you publicly claim that you’re a learned person to tell people that you’re the Chief Law Officer. Chief Law Officer, you were here and went to stand before a Magistrate Court.
“At that time you didn’t remember that you’re a Chief Law Officer going against the ethics of your job.”
Addressing the new AG, the governor said, “You have a big task. As it is today in the local parlance, they say the jungle has matured. We will be setting a panel of inquiry to investigate the affair of governance.”
The governor further said there was a deliberate attempt to sabotage his administration, saying, “If we disagree, no matter how bad it is, it should be resolved.
“But it has become very clear that this disagreement there is no headway to it, and for many reasons, there is very visible evidence that there is sabotage, a deliberate attempt to sabotage this administration.
“Maybe where they are they are telling them nothing will happen, it is happening here live, we have our own legislators that are performing their duties according to the Constitution. So that record is threatened.”

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