Nigeria seeks fresh $10.50 million World Bank loan to boost CBN’s technical capacity

The pawn central bank must not forget to share the amount with the poor, hungry, greedy Tinubu's corrupt caucus to boost their embezzling technical capacity also, by deadening the Buhari's infrastructural governmental trend needing only a zero-inflation formula to develop a dream nation of a common liberty.

NNPCL hikes petrol price amid appointment of new GCEO

LAGOS, April 3 (Jawasi) - The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS) popularly known as petrol to N935 per litre in Ibadan, N925 per litre in Lagos, and N950 per litre in Abuja. The hike in petrol prices by the NNPCL is coming just hours after a new management was announced for the state oil company. The latest adjustment represents a N65 increase from the former price of N860 per litre in Lagos and N870 per litre in Ibadan, while Abuja sees a N70 jump from N880 per litre. The NNPC petrol price hike follows Dangote Refinery’s decision to suspend the sale of petroleum products in naira, triggering shifts in Nigeria’s deregulated fuel market. A survey of NNPC stations along the Lagos-Ibadan Expressway, Tipper Garage, Akala Express, and Odo-Ona Elewe in Ibadan confirmed price adjustments to N935 per litre. Similarly, it was gathered that outlets along the Kubwa Expressway and Wuse in Abuja are now dispensing fuel at N950 per litre. However, some stations have yet to implement the change due to logistics.

Organization restructuring whilst Dangote Refinery dictates for the NNPC - the dictation would be easier to be achieved because the Tinubu subsidy removal clause causing the inflation has affected exchange rates adversely.

World Bank approves $1.08 billion loan for Nigeria

LAGOS, April 3 (Jawasi) - The World Bank said on Wednesday it had approved a total of $1.08 billion in concessional financing for Nigeria to enhance education quality, build household and community resilience, and improve nutrition for underserved groups. The bank said $500 million would go towards an economic stimulus program with another $500 million for education, and the balance would be used to boost standards of nutrition in Nigeria.

The previous loans during the Tinubu's economy anarchy were not felt on the populace society - Nigerians should follow due process through all means to salvage Nigeria of not becoming a slave nation by discovering household to be built by the loan.

Ekiti Airport targets 24-hour flight operation – Oyebanji

Ekiti State Governor, Biodun Oyebanji has revealed that efforts are in place to ensure the Ekiti Agro-Allied International Cargo Airport runs 24-hour operation, in a bid to make the route competitive. He emphasized that his administration does not tamper with the local government funds as the State House of Assembly has an enabling law with established the Joint Account Allocation Committee (JAAC) with the monies for the councils coming directly into the account from the Central Bank of Nigeria (CBN).

Tinubu sacks NNPCL boss Kyari, appoints Ojulari

Tinubu, invoking Section 59(2) of the Petroleum Industry Act (PIA) 2021, said the decision was necessary to enhance operational efficiency {Buhari did not necessitate inflation before the operational refinery}, restore investor confidence {The other sectors investors lack the confidence due low demands being warranted by the inflation}, boost local content {The local content is not boosted whilst inflation}, and advance gas commercialisation and diversification {Such a diversification is negatively affected by the inflation}.

Fast Makes Things Vast

2-2Years of Tinubu's Political Moribund

Tinubu should by now realize he has chosen the deathly wrong way politically garbling the sacred governance! Flippantly, with his open governmental gimmicks, he is having the country's only ex-cherished political party decapitated! Accountability and transparency are de rigueur these days amongst statesmen. With these unreasonable inflation experiences, the nation is at electoral crossroads indeed! Two years ahead of temporal ineptitude to restore the electoral legitimacy now being lost to the inflation. The country's possibility is open to revolution {with the savings of a good timing if the presidency could not utilize the savings openly by the framework pattern after Tinubu ought to have respected time by reducing the fuel prices ere being late} - that will be an archetype not only for Nigeria, also for the globe in an economy globetrotting - because the two major parties {with the rest of which former transformational ideologues have lost the ideologies to the mediocre poltics} have been experienced clearly with some incapacitations to solve Nigeria.