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Elections: Tinubu Accuses Buhari Administration of Sabotage

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Tinubu Abeokuta

By Modupe Gbadeyanka

The candidate of the ruling All Progressives Congress (APC) in the presidential election on February 15, 2023, Mr Bola Tinubu, has claimed that some powers that be in the administration of President Muhammadu Buhari were working to ensure he does not win the exercise, noting that they were behind the lingering fuel scarcity and the redesigning of the higher denominations of the Naira.

Last month, the Central Bank of Nigeria (CBN) introduced new N200, N500, and N1,000 notes into circulation. Later, the bank limited the amount of cash that can be withdrawn by customers across the channels.

This action was greeted with mixed reactions and the Department of State Services (DSS) later made attempts to arrest the Governor of the CBN, Mr Godwin Emefiele, who wanted to pick the sole presidential ticket of the APC until he was stopped by the court.

For almost the better of 2022, Nigerians had to queue at petrol stations for the product because of a disruption in supply. Earlier in the year, the scarcity was caused by the circulation of adulterated fuel and later in the year, a shortage of supply was blamed on flooding across the country.

At the moment, Nigerians have not been able to buy petrol with ease and in some places, the pump price is above the government-regulated price of N169 per litre.

Speaking in Abeokuta, Ogun State on Wednesday during his campaign, Mr Tinubu accused those against his emergence as the presidential candidate of causing the fuel scarcity.

“We will use our PVCs to take over government from them, if they like let them create fuel crisis, even if they said there is no fuel, we will trek to vote. They are full of mischief, they could say there is no fuel. They have been scheming to create fuel crisis, but forget about it. Relax, I Asiwaju have told you that the issue of fuel supply will be permanently addressed.

“Whoever wants to eat the honey embedded in a mountain won’t worry about the axe. Is that not so? And if you want to eat palm kernel, you would bring stone and use it to break it, then the kernel will come out. It’s not easy to…

“Let them increase the price of fuel, let them continue to hoard fuel, only them know where they have hoarded fuel, they hoarded money, they hoarded naira; we will go and vote and we will win. Even if they changed the ink on Naira notes. Whatever their plans, it will come to nought. We are going to win. Those in the PDP will lose.

“I am homeboy, I have come here, you will not be put to shame, we will take over the government from them, the traitors who wanted to contest with us. They had no experience.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax. They don’t want this election to hold, they want to scuttle it. Do you agree?

“On this one, I’m guaranteeing you one thing: there will be student loan. Nobody will drop out of the University because of school fees. I guarantee you that. Nobody will have to repeat for eight years, and not graduate.

“Haba! We are too smart, we are brilliant, we are courageous, we are sharp, we will make four years course four years course. Do you agree? Will you vote whether there is fuel or not? Call your sister, we are bringing revolution.

“Let me say what’s on my mind. The other day, I told you. This one too, they think they can cause crisis by sabotaging fuel supply. They are sabotaging fuel supply. Whether there is fuel or not, whether there is

Okada (commercial motorcycle) or not, whether there is tricycle or not, we will go and vote and we shall win.

“This is a superior revolution and when I tell you, you know what I mean. You know me, we are going there to win,” the former Governor of Lagos State said at the rally held at the MKO Abiola International Stadium.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Dangote Refinery Cuts Petrol to N1,250 Per Litre, Diesel N1,700 Per Litre

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Dangote refinery petrol

By Dipo Olowookere

The ex-depot prices of two major petroleum products, Premium Motor Spirit (PMS), otherwise known as petrol, and Automotive Gas Oil (AGO), also known as diesel, have been slashed by Dangote Petroleum Refinery and Petrochemicals.

The company announced the reduction in prices of the products in a statement on Saturday evening.

The Lagos-based private refinery said its latest action was to reinforce its commitment to making refined petroleum products more affordable and supporting economic activities across Nigeria.

The cut in the prices of petrol and diesel by Dangote refinery comes as the global crude oil prices continue to moderate, amid expectations that the United States of America and Iran will agree on a ceasefire very soon and reopen the Strait of Hormuz.

This narrow vessel passage accounts for 20 per cent of the world’s crude oil consumption. It has been closed for more than two months because of the Middle East crisis.

On February 28, 2026, America and Israel launched airstrikes in Iran, killing its Supreme Leader and other top government officials.

Iran fought back by attacking US bases in the Middle East, including in Saudi Arabia, Qatar, the United Arab Emirates and others. It also shut down the Strait of Hormuz, causing the price of oil to almost hit $120 per barrel.

The crisis faraway in the Middle East, rather than becoming a blessing to Nigeria, put citizens under untold hardship, as the price of petroleum products, especially PMS, jumped from around N800 per litre to almost N1,500 per litre.

On Friday, the price of Brent crude was about $94 per barrel, while the West Texas Intermediate (WTI) crude was about $89 per barrel.

Ostensibly in response to this, the Dangote refinery has reduced the ex-depot price of petrol to N1,250 per litre from N1,275 per litre, while the price of diesel has been cut to N1,700 per litre from N1,800 per litre.

Since commencing operations, the 650,000 barrels per day refinery has increasingly supplied the domestic market with refined products aimed at eliminating the country’s dependence on imported fuels.

The company claimed it decided to slash the price to improve supply efficiency, deepen domestic refining, and provide cost relief to consumers and businesses that depend heavily on petroleum products for transportation, power generation and industrial operations.

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Customs Agents Ask Tinubu to Halt Planned Shipping Charge Hike

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National Shipping Line

By Adedapo Adesanya

The National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), the umbrella body of customs agents in Nigeria, has petitioned President Bola Tinubu to compel the Nigerian Shippers’ Council (NSC) to suspend the planned increase in shipping charges pending the review by the standing committee.

According to Mr Lucky Amiwero, the president of the body, in a letter to the President, the increase is a clear contravention of the Memorandum of Understanding (MOU) signed in respect of local shipping charges between providers and users of shipping/Port and related service approved by the federal government.

The MoU under Articles 2(b)&4 clearly states that any other charges shall require agreement between the Parties concerned through the Nigerian Shippers Council, which must be complied with.

“In line with the provisions of Articles 2 and 4 of the Memorandum of Understanding, there is a need to follow the prescribed procedure as contained in the MOU. First is by submitting the information of the increase to the standing committee, including the detailed information, why the increase, and the percentage, to the standing committee for consideration and review of any increase

“We hereby request the suspension of any Local Shipping Charges increase, pending the review by the standing committee, which entails the detailed information of the increase, the Percentage (%), and if the Increase is necessary, to be sent to the standing Committee as approved by the Federal Government,” he said.

The official said the NSC were supposed to forward all detailed information on the increase in the local shipping charges to the standing committee, who are signatory to the MOU, and then to review in line with the approved federal government directive.

“We refer the government to the usual procedure of initiating an increase in local shipping charges. Notification of increase as proposed is always forwarded to the standing committee, reference 2003 NSC/TOD/FPS/011/VOL.V/54 OF 20TH JUNE, and NSC/TOD/FPS/011/VOL.35 OF 14TH April 2003 in line with article 2(b)&4 of the MOU.

“In line with Article 2(b)&4 of the memorandum of understanding, the request made by Shipping Association of Nigeria (SAN), which was forwarded to the Shippers Council and the Shippers Council forwarded the same to the technical standing committee for review,” he added.

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Presidency Raises Alarm Over Politically Motivated Deepfake Campaigns

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tinubu VDM

By Adedapo Adesanya

The presidency has raised alarm over what it described as a growing pattern of digitally manipulated content aimed at exploiting religious sentiments for political purposes.

In a public service announcement issued by the Office of Digital Engagement and Strategy, it was disclosed that “deliberate attempts” to mislead Nigerians through deep fake videos and false narratives across online platforms had been identified.

According to the statement, a manipulated video surfaced on Tuesday, featuring altered audio and false attributions designed to portray President Bola Tinubu in a negative light.

It noted that a similar attempt followed shortly after, involving a fabricated video linked to a religious leader, allegedly intended to incite Muslim communities against the President.

The presidency said the recurring pattern suggests a coordinated effort to inflame religious tensions and sow division, particularly as political activities begin to intensify ahead of future elections.

It warned that “desperate actors” are likely to continue deploying misinformation tactics, including distorting religious messages, manipulating context, and spreading provocative content through social media and messaging platforms.

The presidency urged Nigerians to exercise caution before sharing sensitive or inflammatory content, encouraging citizens to question the motives behind such materials and to verify information through credible sources.

Describing the trend as “coordinated manipulation at scale,” it stressed that such actions are neither patriotic nor reflective of genuine political engagement.

The statement further warned that individuals and groups involved in the creation and dissemination of false information would be held accountable under relevant Nigerian laws, including those relating to cybercrime, incitement, and threats to public peace and national security.

It concluded by calling on citizens to remain vigilant and united in safeguarding the country’s social cohesion against digital disinformation.

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