General
Buhari to Commission Lekki Deep Sea Port, Others This Week
By Adedapo Adesanya
President Muhammadu Buhari will be in Lagos on Monday and Tuesday for a two-day working visit to commission some projects within the state.
Lagos State Commissioner for Information and Strategy, Mr Gbenga Omotoso, told journalists during a press conference at the Bagauda Kaltho Press Centre, Alausa, Ikeja, that all hands were on deck by the state government to ensure a hitch-free event during the two days working visit.
The projects to be inspected and commissioned by President Buhari are Lekki Deep Sea Port, 32-metric tons per hour Lagos Rice Mill, 18.75-kilometre six-lane rigid-pavement Eleko Junction to Epe Expressway, John Randle Centre for Yoruba Culture and History, and Phase One of the iconic Lagos Blue Line rail project, as well as turning of the sod for the second phase of the project.
The two-day trip tagged A Festival of Commissioning to Lagos will also see Mr President commissioning a private sector project, MRS Lubricant factory, in Apapa.
He said: “Although Mr Governor had hosted the President during some of his visits to Lagos, next week’s visit by President Muhammadu Buhari will be one with a difference. It is a visit where Mr President will again see the beauty of Lagos and take the opportunity to see first-hand the life-changing and people-oriented projects that were conceptualized and completed by the Babajide Olusola Sanwo-Olu administration.
“Mr President is scheduled to arrive in Lagos on Monday, January 23, via the Presidential Wing of the Murtala Muhammad Airport, where he would be received by Governor Babajide Sanwo-Olu and some top dignitaries. There will be a short ceremony, which will include a cultural display, presentation of bouquet and inspection of the guard of honour by the special guest.
“Thereafter, Mr Governor will lead the guest on a helicopter to the Lekki Deep Sea Port for the official commissioning of the largest Sea Port in Sub-Saharan Africa.
“Mr President and his host would be received at the Lekki Deep Sea Port by top Government functionaries and board members of the Lekki Deep Sea Port. There would also be a tour of the Lekki Deep Sea Port facility by the President, Mr Governor and other guests.
“The President is expected to drive through and commission the newly constructed Eleko Junction to Epe road project before departing via helicopter to the Lagos Rice Mill in Imota. While at Imota, Mr President will take a tour of the Rice Mill facilities and show Lagos State Government’s readiness to bridge the deficit in local rice production. The President will commission the Rice Mill, which is the
“We all know that Lagos is known for a great sense of hospitality and conviviality. These great Lagos attributes would be on display on the evening of Monday 23, during the State banquet being organised to honour our guests. Mr Governor and his spouse, Dr (Mrs) Ibijoke Sanwo-Olu, will lead other dignitaries to give President Muhammadu Buhari a befitting Lagos welcome. There will be musical performances and other forms of entertainment to make the evening a very memorable one for Mr President and all the invited guests.”
Mr Omotoso also disclosed that President Buhari, during his two-day visit to Lagos, will commission the MRS Lubricant factory, a private sector project in Apapa.
“He will depart Apapa for the John Randle Centre for Yoruba Culture and History for commissioning and a tour of the Museum. The John Randle Museum, the first of its kind in black Africa, will afford the President the opportunity to interact with art enthusiasts, curators, historians and academia, and students who have been invited to the programme.
“Subsequently, Mr President will move to the Lagos Blue Line Rail Project in Marina, where different activities have been lined up for him. At the Blue Line Terminal, Mr President will witness the signing of phase II of the rail project, which begins from Mile 2 to Okokomaiko. He will also commission Phase I and take a train ride from Marina to Mile 2 and back and depart Lagos,” he added.
The Commissioner for Information and Strategy said the security personnel would be at strategic places to prevent unforeseen circumstances. He implored residents not to panic due to the influx of security operatives deployed for the presidential visits to the State as provided in developed countries.
Also speaking, the Commissioner for Transportation, Mr Frederic Oladeinde, said there would be restrictions on some roads, including the Ademola Adetokunbo road on Victoria Island, from 6 am to 3 pm on Tuesday, January 24 and therefore urged motorists going to the Island to make use of the Falomo bridge route.
Mr Oladeinde also appealed to the motoring public to exercise patience and cooperate with traffic management personnel to ensure free vehicular movement.
General
Petrol Prices in Nigeria Rise 22.55% in March 2026 on Hormuz Closure
By Adedapo Adesanya
The National Bureau of Statistics (NBS) has said that the average retail price of a litre of Premium Motor Spirit (PMS), otherwise known as petrol, rose by 22.55 per cent or N237.07 per litre to N1,288.54 in March 2026 from N1,051.47 in February.
In the Premium Motor Spirit (Petrol) Price Watch for March released on Tuesday, the NBS said on a year-on-year basis, the average retail price of fuel also increased by 2.13 per cent from N1,261.65 recorded in March 2025.
This surge in fuel prices could be linked to global disruptions brought on by the US-Israel war on Iran, which triggered the closure of the Strait of Hormuz and sent prices of crude oil above $100 per barrel.
While the country was not heavily hit by the impact, it felt the ripple effect of crude prices increasing, particularly as Dangote Refinery imported crude from other markets to cover for local feedstock shortfalls.
The data noted that by state, Anambra recorded the highest average retail price of N1,441.22 per litre, followed by Sokoto at N1,377.55 and Borno at N1,375.16.
However, the price was cheapest in Lagos at N1,162.71, followed by Ogun at N1,169.78 and Kaduna state at N1,193.40.
By zone, it was most expensive in the North East at N1,336.50 last month, while the South-West recorded the lowest at N1,232.46.
A look at the Diesel Price Watch Report for March showed that the average retail price paid by users rose by 16.05 per cent on a month-on-month basis to N1,648.08 per litre from N1,420.17 per litre a month earlier.
“On state profiles analysis, the highest average price of diesel in March was recorded in Ebonyi at N2,262.29 per litre, followed by Akwa Ibom at N1,895.72 and Osun at N1,872.15.
“On the other hand, the lowest price was recorded in Kogi at N1,383.40 per litre, followed by Katsina State at N1,438.25 and Enugu at N1,480.06,” parts of the report said.
General
Datti Baba-Ahmed Dumps Labour Party, Joins PRP
By Modupe Gbadeyanka
The vice-presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Datti Baba-Ahmed, has left the party to join the Peoples Redemption Party (PRP).
Speaking on Channels Television’s Politics Today, the politician said he’s no longer interested in the way the Labour Party was being run.
He disclosed that there is no more peace in the political party he flew its flag in the last general elections because of greed.
He accused the ruling All Progressives Congress (APC) of destabilising opposition political parties to ensure President Bola Tinubu does not have a credible opponent in the 2027 presidential poll.
“What the Labour Party stood for is not the same now. We have a government of today which is interested in destroying other political parties,” he said.
“I am leaving the Labour Party tomorrow (today) by 12 midnight,” Mr Baba-Ahmed said when asked about his plans for next year.
I am leaving the Labour Party [at] midnight, and I am joining PRP. PRP is the new destination. PRP is the one with a history. It’s about 75 years old,” he further stated.
He further said, “When there was real peace in the Labour Party, someone was redeployed to the Labour Party and because of the antecedents of the person, [I don’t see things getting better].
PRP, a progressive Nigerian political party, was established in 1978 by Mallam Aminu Kano. It is rooted in social democratic principles and populist ideology, often focusing on the empowerment of the talakawa (common people).
Its current National Chairman, according to data obtained from the website of the Independent National Electoral Commission (INEC), is Mr Falalu Bello, while the National Secretary is Mr Babatunde F. Alli.

General
We Prioritised Personal Pension Plan, Others for Robust Pension System— PenCom
By Modupe Gbadeyanka
The Director General of the National Pension Commission (PenCom), Ms Omolola Oloworaran, has highlighted strategies deployed by her organisation to ensure pension coverage is deepened in Nigeria.
Speaking at the ISSA Technical Seminar in Abuja recently, she said the steps taken were to build a more inclusive, transparent, and responsive pension system, where communication serves not just as information, but as a bridge to trust, accessibility, and sustained industry growth.
According to her, the Contributory Pension Scheme (CPS) has, over more than two decades, built a strong institutional foundation, but true inclusion goes beyond coverage to require trust and clear communication.
For this reason, PenCom has prioritised the Personal Pension Plan, strengthened stakeholder engagement, and invested in digital channels that reach contributors in accessible and relatable ways, she stated.
Ms Oloworaran further stressed that, “Effective communication is not a soft complement to regulation; it is a core instrument of coverage expansion, compliance, and public confidence.
“Every circular we issue, every benefit we pay, and every reform we introduce ultimately succeeds or fails on whether our members can understand it and act on it.”
The ISSA Technical Seminar, themed Improving Inclusivity and Accessibility of Social Security Services Through Effective Communication, was organised in collaboration with the International Social Security Association (ISSA).
It brought together key stakeholders across West Africa to advance dialogue on strengthening social security systems through clearer, more inclusive engagement.
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