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Petrol Price May Rise to ₦2,000 Per Litre Soon – TUC Raises Alarm

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The Trade Union Congress (TUC) has issued a dire warning to the Federal Government, stating that petrol prices could hit ₦2,000 per litre if immediate economic interventions are not made.

During a press briefing in Abuja, TUC President Comrade Festus Osifo highlighted the double blow of rising global crude oil costs and the continuous fall of the naira.

He stressed that the current situation has placed Nigerian workers in a state of extreme financial distress.

Osifo noted that in some regions, fuel costs are already creeping toward that ₦2,000 mark. To prevent a total economic collapse, the TUC proposed that the government use 60 percent of the excess revenue generated from crude oil sales to subsidize local production. Since the 2026 budget was based on a crude price of $64.85 per barrel, the current market price of $100 leaves a significant surplus.

The union suggests using this “extra” money to lower the cost of crude supplied to the Dangote Refinery and modular refineries.

According to the TUC, subsidizing production at the refinery level is harder to manipulate than the previous petrol subsidy system. Osifo claimed that this strategy could drop the prices of petrol, diesel, and aviation fuel within just two weeks.

He argued that: “Today, comrades, we are seeing that the cost of petrol is edging towards N2,000 per litre depending on the part of the country that you are. Nigerian workers are already passing through excruciating pain as we speak.”

The union leader also criticized the slow rollout of Compressed Natural Gas (CNG) infrastructure. He explained that while CNG buses are a good idea, they are currently useless for long-distance travel because there are no refilling stations on major highways. Beyond the economy, the TUC raised the alarm over the nation’s security.

Osifo condemned the recent killings in Plateau State, urging the government to stop treating massacres as a “norm” and to provide the military with modern technology to end the insurgency.

The TUC plans to send a formal letter to President Bola Tinubu to demand the implementation of the crude subsidy proposal before the next distribution of federation funds.

Osifo warned that: “If this continues unchecked, the inflation that we are currently celebrating as going downwards will reverse and start moving up again.”

He maintained that the high cost of fuel is directly linked to the naira’s value, suggesting the currency should ideally be trading between ₦800 and ₦900 to the dollar to provide relief.

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Imo senatorial aspirant, Nwachukwu drags NDC to court over ticket denial  

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A Senatorial Aspirant, Isaac Nwachukwu, has dragged Nigeria Democratic Congress, NDC, and the Independent National Electoral Commission, INEC, before a Federal High Court Sitting in Owerri, Imo State, over the fallout of the party’s National Assembly primaries.

Nwachukwu, in a suit filed through his Counsel, Cajethan Oguzie, accused the party of denying him the Imo North senatorial ticket after emerging a consensus candidate and paying N5m for the nomination form.

The suit also disclosed that Nwachukwu had paid N20m for the support of the party, but his support was unexplainably reduced to N10m when the list of those who supported the party was published.

The NDC Senatorial Aspirant, in his prayers before the court, demanded that a declaration should be made that he is the consensus candidate of the party in the state with regard to the Imo North Senatorial Zone in the 2027 General election.

“A declaration that the first defendant, NDC, be restrained from fielding another candidate except the plaintiff in the General election into the Imo North Senatorial Zone as he is the consensus candidate for the said election.

“A declaration that the second defendant, INEC, be perpetually restrained from recognising and accepting the candidacy of another person except the plaintiff in the Imo North Senatorial election pending the determination of the matter,” the suit stated.

In an affidavit supporting the originating summons, Nwachukwu stated that he purchased the expression of interest form to aspire for the position for Imo North senatorial zone, a copy of which is attached in the suit already filed.

The NDC Senatorial Aspirant added that upon the purchase of the form, he made a monetary contribution in support of the party’s growth in the tune of N20m into the party’s FCMB account number through his Counsel, receipt also attached in the suit as an exhibit.

“The first sign of irregularity and no compliance with the NDC constitution and electoral act came up when the N20m I paid for party support was allocated to one of the aspirants for my Senatorial District by the name Matthew Omegara, and the N10m that Matthew Omegara paid for party support was allocated to me by the Screening Committee headed by Sam Egwu and Buba Galadimma.

” In compliance with NDC’s directives, I participated in the NDC screening exercise and was successfully cleared as an aspirant to participate in the primary election.

After my consensus candidacy was ratified, my name was shortlisted as a Candidate for Imo North district. A copy of the result is hereby annexed as Exhibit 1U5,” the affidavit added.

Nwachukwu alleged that his name was substituted with Omegara after he had been declared the winner of the primary election.

The Imo North Senatorial Aspirant claimed that the National leader of the party, Seriake Dickson, had summoned him for a meeting telling him that his candidacy was affected after a party chieftain from his state said he didn’t know him.

Among other demands, Nwachukwu is asking the court to order NDC to issue him a certificate as its candidate for the Imo North Senatorial District.

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ADC raises alarm over alleged membership forgery in Zamfara

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Supporters and members of the African Democratic Congress, ADC, in Anka and Talata Mafara Local Government Areas of Zamfara State have alleged attempts to manipulate the party’s membership records and card numbers ahead of internal political activities.
The allegation was contained in a statement issued on Wednesday in Gusau by Nura Rabiu Cibiki, Director of Media and Strategy, Campaign and Mobilisation Committee for Abdulrahaman Yahaya, an aspirant for the House of Representatives seat representing Anka/Talata Mafara Federal Constituency.

The group warned against any attempt to alter or duplicate legitimate membership figures, saying such actions could deepen tensions within the party in the constituency.

“We strongly oppose any move to manipulate or duplicate legitimate membership figures, warning that such actions would only worsen existing tensions within the party and the Anka/Talata Mafara Federal Constituency,” the statement said.

The supporters maintained that ADC members in Anka and Talata Mafara were aware of the party’s authentic membership strength and were prepared to protect the integrity of the party’s records.

The statement added that while justice may be delayed, the truth could not be denied.

Meanwhile, Yahaya has filed a suit at the Federal High Court in Gusau challenging alleged irregularities in the party’s primary election process in the constituency.

The court has fixed June 23, 2026, for mention of the case.

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