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BREAKING: MRS raises petrol price by N85 per litre

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Nigerian filling station operator, MRS, has increased its pump price for Premium Motor Spirit (PMS), commonly known as petrol, by N85 per litre.

A market survey by Nigerian Newssphere on Saturday showed that MRS filling stations adjusted their petrol price to N1,395 per litre from N1,310 in Abuja and its environs.

The latest adjustment represents an N85 increase in the pump price of petrol.

The development comes a day after Dangote Refinery raised its gantry petrol price by N85 per litre, from N1,265 to N1,350, amid a surge in global crude oil prices above $100 per barrel.

MRS and other filling stations had earlier increased their petrol prices to between N1,310 and N1,350 per litre.

Following the latest adjustment by MRS, motorists in Abuja and its environs now buy petrol for between N1,345 and N1,395 per litre, depending on the filling station.

As of the time of filing this report, Brent crude was trading at about $104 per barrel, while West Texas Intermediate (WTI) stood at around $100 per barrel.

2027 Presidency: Peter Obi’s proposals are ‘elitist mumbo jumbo’, won’t  fix Nigeria– Arise TV’s Rufai Oseni blows hot

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Arise Television’s Morning Show anchor, Rufai Oseni, has criticised the presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, describing some of his proposals as “elitist mumbo jumbo” that would not adequately address Nigeria’s challenges.

Oseni said Obi failed to provide sufficient details on how he intended to implement some of the solutions he proposed, particularly his plans to tackle insecurity.

The broadcaster spoke on Friday while reacting to Obi’s recent interview on Arise Television.

According to Oseni, promising to deploy technology and build a proactive military was insufficient without explaining the specific reforms required and the type of military Nigeria needs.

“When you say insecurity, you solve it with technology. What technology are we deploying? What are we doing as regards strategic military mindset? What kind of army do we even want to build?

“I have never heard any presidential candidate come out to tell the kind of army we want in Nigeria.

“Is it a responsive army? Is it a cyber-ready army? Is it a technologically built army?

“Proactive is nebulous. Proactive means you want something that is responsive. How is it going to be proactive? Is it going to be proactive on intelligence? Is it going to be proactive on research? How is it even going to be proactive as regards ammunition being bought?”

Oseni also questioned Obi’s position on fuel subsidy, arguing that reducing petrol prices would require addressing the factors responsible for determining the cost of petroleum products.

He noted that another presidential candidate, Atiku Abubakar, had proposed a production subsidy but said Nigerians were still waiting for details on how the policy would be implemented.

“Secondly, as regards the subsidy, I don’t think Mr. Peter Obi took any position because when you ask how, Atiku has said he will give a production subsidy. We are still waiting for the detail of that.

“But you say, okay, we keep subsidy, we reduce the price. How are we going to reduce the price when the price is being determined largely by the activities of a cartel, and prices are fixed as regards international benchmark?”

The broadcaster further faulted the suggestion that savings from fuel subsidy could be redirected to agriculture, describing the proposal as “elitist mumbo jumbo” because, in his view, it lacked sufficient detail.

“You see, that’s an elitist mumbo jumbo. It doesn’t work.

“Those were the arguments we all made prior to 2023. ‘Oh, subsidised education, subsidise agriculture’. What are you even subsidising, the agricultural value chain?”

 

Oseni argued that post-harvest losses, rather than a lack of cultivation, remain among the major challenges facing Nigeria’s agricultural sector.

 

According to him, inadequate storage infrastructure forces farmers to sell their produce quickly to middlemen, who then control supply and influence prices.

 

“The question is, what is even the problem case for agriculture? The number one problem case for agriculture in this country is post-harvest losses. It’s not that people are not cultivating; they are cultivating.

 

“But what’s the food chain? Are you able to store what they cultivate?

 

“The reason why you have an offshoot in price is because there is no storage infrastructure for what they cultivate. Then the middlemen buy it off them because they quickly want to make a quick buck off it, and when the middlemen buy, they hold up the price, and they manipulate the numbers.”

Tinubu: Why Moral Authority to govern matters- Madaki Ameh 

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By Madaki Omadachi Ameh

In recent times, Nigerians have watched haplessly and helplessly as our collective psyche has been pummelled by the raging controversy over whether the US District Court should or should not release President Tinubu’s drug-trafficking-related files. Most well-meaning Nigerians are horrified by the approach adopted by Tinubu and his lawyers in their filings, doing everything humanly possible to ensure that those files are not made public. But the more they try to prevent the release of the files at all costs, the more the clamour grows for the contents of those 399-page files kept by the FBI to be made public.

 

After all, the United States has touted itself all these years as the leader in the fight against the global drugs trade. It would therefore be counterproductive for the same United States justice system to be seen to be shielding the sitting President of the biggest black nation on earth from facing justice for his shoddy past. The strong conviction is that those files will be ordered to be released when the case comes up again for determination on September 14, 2026, before the US District Judge, because that is the only sensible thing to do!

 

It is instructive to note that President Tinubu has not attended the United Nations General Assembly (UNGA) for four consecutive years since becoming Nigeria’s President on May 29, 2023, apparently because of the huge soakaway baggage of criminality he knows he carries on this and other issues.

 

One of the major duties of a President of any nation is to proudly project the image of their country on the world stage. There can be no bigger world stage than the UNGA, and for Nigeria to be missing in action on that stage because its President is in hiding due to accumulated moral baggage is, to say the least, disheartening. Nothing makes a country assume pariah status faster than this.

 

Recently, the former British Prime Minister, Sir Keir Starmer, resigned from his exalted position, barely two years after leading his Labour Party to a resounding victory at the general elections in the United Kingdom, for the simple reason that he was perceived to have lost his moral authority to govern. This is in spite of the fact that his tenure should have been five years, and the country still had a clear three years before the next general elections. In his place, the Labour Party elected Andy Burnham, who had just got into the House of Commons, as Leader of the Labour Party and, consequently, the British Prime Minister!

 

That could never happen in Nigeria, where, in a far graver crisis of confidence, President Tinubu insists on continuing in office for a second term of four years, even when he knows that he has lost every moral authority to govern.

 

When a sitting President so totally and completely loses the moral authority to govern, as is currently the case in Nigeria, governance collapses on all fronts because the President’s instructions and orders do not have any force, eliciting only tongue-in-cheek reactions from the citizenry!

 

President Tinubu must save Nigeria from further descent into perfidy by immediately resigning his appointment, to enable him to go to the United States of America to answer for his baggage of criminality, in a last-minute effort to clear his name, if he has any left. This is the only sensible and honourable pathway left for him. Bravado and clandestine hiding away from the law and the dictates of the justice system will not cut it in the current bizarre circumstances.

Chief Madaki Omadachi Ameh is the convener of the Public Interest Advocacy Network (PIAN).

2027 Presidency: Peter Obi defends Tinubu’s fuel subsidy removal

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Peter Obi, presidential candidate of the Nigerian Democratic Congress, has defended President Bola Ahmed Tinubu’s removal of the fuel subsidy, saying the policy did not worsen poverty in Northern Nigeria.

Obi made this known during an interview with Arise TV on Thursday, where he argued that factors other than the removal of the fuel subsidy were responsible for insecurity in the region.

 

“The poverty in the North was not worsened because of the removal of fuel subsidy, there are other things. That is not what is causing insecurity,” he said.

 

The former Anambra State governor also promised that, if elected, his administration would tackle corruption associated with fuel subsidies and moderate petrol prices to reduce the cost burden on Nigerians.

 

“We’ll moderate fuel price all over Nigeria. We will remove corruption from subsidy. When I remove it, petrol and every other thing will go down. We are buying fuel at high cost,” he said.

 

Obi had, at a Nigerian Bar Association conference last month, also expressed support for Tinubu’s decision to remove the fuel subsidy.

 

Meanwhile, former Vice President and presidential candidate of the African Democratic Congress, Atiku Abubakar, had pledged to restore fuel and electricity subsidies if elected in the January 16, 2026 election.

2027: Re-elect my husband, I want to enjoy Nigeria- Remi Tinubu 

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First Lady and Senator Oluremi Tinubu has appealed to voters in the South-East to support President Bola Tinubu’s bid for re-election in the 2027 presidential election.

Mrs Tinubu made the appeal on Wednesday in Owerri, the Imo State capital, during her official visit to the region as part of a women’s empowerment programme.

 

She said she was committed to contributing to the development of Nigeria and expressed her desire to enjoy a better country in her later years.

 

“Make una vote for Mr President, we go work for una and Nigeria go better,” she said.

 

The First Lady added, “I want to enjoy Nigeria at old age, so I will work for Nigeria, for my old age.”

 

Mrs Tinubu explained that the empowerment initiative was being implemented through the Office of the Senior Special Assistant to the President on Sustainable Development Goals (SDGs).

 

According to her, the programme is expected to benefit 18,500 women across the country when completed.

 

She said 500 women from each of the five South-East states would receive items to support and expand their businesses. The equipment includes generators, industrial grinding machines, gas cylinders and ovens.

 

The First Lady said the initiative was part of efforts to empower women economically and improve livelihoods across the country.

BREAKING: Police arrest 46 over attack on Peter Obi’s convoy in Benue

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The Benue State Police Command has arrested 46 suspects in connection with the attack on the convoy of the Nigeria Democratic Congress, NDC presidential candidate, Peter Obi.

The Commissioner of Police, Nwadiogbu, disclosed that the investigation into the incident is ongoing, while security operatives are also trailing some key leaders allegedly linked to the attack.

 

He warned that the command would not tolerate political intolerance or violence in the state as the 2027 general elections approach.

 

According to the commissioner, the police would take all necessary steps to identify everyone involved in the incident and ensure that those found culpable are prosecuted in accordance with the law.

 

The arrests followed an incident in which Obi’s convoy was reportedly blocked by angry youths during his visit to Benue State as part of his campaign activities ahead of the 2027 presidential election.

 

Obi was also scheduled to visit Yelewata to meet with and commiserate with victims of the June 2025 attacks.

 

However, tension reportedly erupted a few metres from the airport when Obi’s convoy encountered a roadblock mounted by youths on the two-lane Makurdi-Gboko Federal Highway.

 

The development disrupted the movement of the convoy and triggered a confrontation before security operatives intervened.

NAFDAC DG Adeyeye faces backlash from Nigerians after laughing off resignation calls

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The Director-General of the National Agency for Food and Drug Administration and Control, NAFDAC, Prof. Mojisola Adeyeye, has come under public scrutiny following a viral video in which she was seen laughing after being asked about calls for her resignation amid concerns over counterfeit food and drugs.

The controversial moment occurred during a recent NAFDAC press briefing convened to address the reported proliferation of suspected fake yoghurt, adulterated palm oil and counterfeit beverages in Nigerian markets.

During the briefing, a journalist raised the issue of growing public demands for Adeyeye to resign over concerns about the agency’s handling of the situation.

Adeyeye reportedly responded with laughter, a reaction that has triggered criticism on social media.

Several Nigerians who reacted to the video described the response as insensitive, particularly given the potential public health implications of counterfeit and adulterated food and pharmaceutical products.

Some social media users also questioned the effectiveness of regulatory enforcement and called for greater accountability from authorities responsible for protecting consumers.

 

Here are some of the reactions gathered by DAILY POST:

 

@NwagbaraIzuchuk wrote: “She’s simply just showing you how top civil servants and politicians view us, with disdain. Like how dare Nigerians, who are supposedly beneath her, even demand her resignation. That’s the reason for the laughter. Them no rate us at all.”

 

@OLUCHI wrote: “Someone will see this and tell us to hold her accountable instead of the president, if your president was serious, will her kind be in such position?”

 

@DBeemieborlah wrote: “There’s something sinister about the older generation in government and top spaces in governmental organisations. It’s not only how they don’t care about the wellbeing of the everyday citizens of Nigeria, it’s how they laugh in our faces knowing there’s nothing we can do to them.”

 

@Morris_Monye wrote: “She’s laughing because Nigerians are a joke to them.

 

“The job of NAFDAC is serious business.”

 

@sabimarket wrote: “NAFDAC needs to understand that this is not a good representation of their standing currently, there’s highly nothing to laugh about.”

 

Watch video:

 

Watch the video on X

2027: Adebayo promises Nigerians N200/lifter fuel, four refineries, 75,000MW electricity

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The presidential candidate of the Social Democratic Party, SDP, Prince Adewole Adebayo, has promised Nigerians four functional refineries and 75,000 megawatts of electricity if elected on January 16, 2027.

He disclosed this on Tuesday during the unveiling of his presidential manifesto in Abuja.

 

In his remarks, Adebayo said his plan was to ensure that no Nigerian buys Premium Motor Spirit, PMS, or any other petroleum product at international prices.

 

He noted that Nigerians should not pay more than N200 per litre for petrol.

 

“The plan is to have four functional refineries in Nigeria and generate 75,000 megawatts of electricity.

 

“No Nigerian should be living in Nigeria and buying petrol at international prices. That is why we have arrived at N200 per litre for petrol,” he said.

 

Adebayo also said the elites at the Presidential Villa and state government houses are among Nigeria’s major problems.

 

According to him, bad leadership has been Nigeria’s primary problem since 1999.

 

“It is the men in the Villa, government houses, that are the problem of Nigeria.

 

“We are promising that in four years we will defeat insecurity. When you use your vote in 2027 to change the government, you have a chance of defeating 60 percent of bandits.”

 

He challenged President Bola Ahmed Tinubu to a public debate ahead of the presidential election.

 

“The first challenge is for President Bola Ahmed Tinubu to come out to debate,” he said.

 

Earlier, the National Chairman of the SDP, Prof. Sadiq Gombe, said the opposition party’s presidential manifesto is hinged on tackling insecurity, boosting production and guaranteeing prosperity for Nigerians.

 

“For too long, Nigerians have been asked to endure without results,” he stated.

 

He noted that if the SDP is elected, Nigerians can be secure, productive and prosperous.

Open Space launches AI-powered ethical bank in Nigeria to rival Moniepoint, other fintechs

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A new financial institution, Open Space, focused on Artificial Intelligence (AI) and Ethical Finance, has launched in Nigeria’s financial ecosystem, seeking to compete with Moniepoint and other fintech and banking platforms.

Open Space was unveiled in Abuja on Tuesday as part of efforts to deepen financial inclusion and make financial services more accessible to Nigerians and businesses.

Speaking at the launch, Chief Executive Officer of Open Space, Titus Ikeh, said the platform was created to redefine the relationship between technology, finance and human development.

“Today is not simply the launch of a new financial product. It is the unveiling of an important expression of what we believe finance can and should become when technology, innovation and human purpose are brought together deliberately.

“At Open Space, our vision has always been to put human lives at the centre of financial and social innovation. We did not set out to build another platform simply to be numbered as one of the many financial platforms that already exist.

“We set out to build an ecosystem that can make financial services more accessible, intelligent, relevant and meaningful to people, particularly those who have historically remained underserved or excluded from the formal financial system”, he stated.

Ikeh added that Open Space was founded on the belief that financial innovation should serve a broader purpose beyond facilitating transactions.

“It should help people make better decisions, create opportunities, build businesses, acquire assets, grow wealth and improve the quality of their lives. This conviction is reflected in our vision to empower humanity through disruptive innovation and trust capital to create shared prosperity. Our platform brings together financial services and artificial intelligence tools within one ecosystem, giving individuals and businesses access to a growing range of financial capabilities in a single environment”.

On his part, the Chief Operating Officer of Open Space, Oscar Ede, said the launch represented an important step towards making financial services more accessible and responsible for Nigerians.

“Today represents an important step in our commitment to making finance more accessible, responsible and meaningful to the people and businesses we serve. From an operational perspective, launching Ethical Finance is not simply about introducing a new category of financial products. It is about building the structures, processes and customer experience required to ensure that the principles behind Ethical Finance are reflected in every interaction a customer has with Open Space”, he said.

Similarly, the Chief Technology Officer of Open Space, Ololade Otayemi, said the platform combines modern technology with Ethical Finance to simplify financial services while maintaining the infrastructure required to support sophisticated products.

“Today marks an important milestone for Open Space, not only because we are introducing Ethical Finance, but because we are demonstrating what becomes possible when ethical financial structures are supported by modern technology, intelligent systems and a carefully designed digital infrastructure. Our objective from the technology side has been very clear: to remove complexity from the customer experience while building the depth of infrastructure required to support sophisticated financial products securely, intelligently and at scale”.

Meanwhile, Open Space’s Shariah Advisor, Zubair Mughal, said Nigeria remains one of the most open markets for Ethical Finance in the world.

The launch positions Open Space as a new entrant into Nigeria’s increasingly competitive digital financial services market, where fintechs and banks are expanding the use of technology to drive financial inclusion and reach underserved customers.

BREAKING: Ballon d’Or 2026: Full list of nominees confirmed 

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France Football, organisers of the prestigious Ballon d’Or awards, have officially released the list of nominees for the 2026 edition.

The nominees were published on the organisation’s official website on Tuesday, September 8, 2026.

 

Paris Saint-Germain forward Ousmane Dembélé is the reigning Ballon d’Or winner after beating Barcelona youngster Lamine Yamal to the prize in 2025.

 

The 2026 Ballon d’Or awards ceremony is scheduled to take place in London, United Kingdom, on October 26.

 

Full list of 2026 Ballon d’Or nominees

Women’s Club of the Year

Barcelona

Bayern Munich

Club América

Manchester City

OL Lyonnes

Men’s Club of the Year

Arsenal

Bayern Munich

Bodø/Glimt

Flamengo

Paris Saint-Germain