General
Markets in Oyo Get 15 Motorised Boreholes
By Dipo Olowookere
Fifteen motorized boreholes have been constructed by the Oyo State government in some major markets in the state.
The boreholes were constructed by the government through the Sustainable Development Goals Office.
According to the Commissioner for Finance and Budget, Mr Abimbola Adekanmbi the projects came about through the Conditional Grants Scheme.
Speaking at the commissioning of one of the boreholes at Bodija Market, Ibadan, the Commissioner explained that the project was in line with achieving Goals 3 and 6 of the SDG which is Good Health and Clean Water Sanitation.
Mr Adekanmbi, who is the also the Chairman of the Conditional Grants Scheme, said that the boreholes tagged Ajumose Water Points have been provided with a standby generator, stating that Bola Ige International Gbagi, Ibadan, Bembo Market, Apata, Ibadan, Eleeka Market, Oyo, Bodija Market, Ibadan Saasa Market, Ibadan and Towobowo Market, Igboora, the largest market in Ibarapa zone of the state, are some of the beneficiaries of the project.
He pointed out that two of the boreholes are located at Sabo Market, Ibadan, while Omi Adio Market, Apata, Ibadan, Obanisunwa Market, Ayete, Aaraada Market, Ogbomoso, Odo-Oba Market, Odo-Oba, Ogo-Oluwa, Oja Agbe Market, Iseyin, Olorunda Market, Iganna and Owode Market, Igboho have one each.
Also speaking at the commissioning, Commissioner for Information, Culture and Tourism, Mr Toye Arulogun, said that the market men and women are integral parts of the government, promising that the government will provide more infrastructures for the people of the state.
He said the informal sector was key to the increased IGR of the state, stating that more is expected from the market men and women to ensure that the government provides more facilities for the people.
In his address, the Special Adviser to Governor Abiola Ajimobi on SDG, Engineer Tope Fajana said that the Ajumose Water Points will go round all the markets in the state, stressing that the project is meant to ensure provision of clean and potable water to the citizenry of the state.
Engineer Fajana charged the committees entrusted with the management of the boreholes not to shy away from their responsibilities by taking care of the project which is aimed at ensuring smooth business activities in the communities.
He enjoined the communities and traders in the markets to make good use of the facilities, noting that SDG will not relent in its efforts to bring succour to the people of the state.
While speaking, the Babaloja of Bodija Market, Abattoir section, Alhaji Ganiyu Olobo expressed appreciation to the state government for the project which demonstrated government’s commitment to the traders and consequently assured that the borehole will be adequately used and managed by the people in the market.
Mr Olobo said that water is germane to their business and what the government has done will go a long way to ensure that people have access to clean potable water.
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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