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NNPC station in Abuja sells petrol at N537 per litre
The Nigerian National Petroleum Company Limited (NNPC) has adjusted the price of Premium Motor Spirit (PMS) to as high as N537 per litre in Abuja. This is coming after the subsidy removal was announced by president Bola Tinubu on Monday.
The new price is already being reflected at some NNPC filling stations in Abuja. For example, the NNPC Mega Station, Wuse Zone 6, is selling petrol at N537 per litre.
The increase in the price of petrol is likely to have a significant impact on the cost of living in Nigeria. It is expected to lead to higher transportation costs, which will in turn push up the prices of goods and services.
The government has said that the subsidy removal is necessary to save the country money. However, many Nigerians are concerned about the impact that the higher prices will have on their lives.
It remains to be seen how the government will address the concerns of Nigerians. However, it is clear that the subsidy removal is a major policy change that will have a significant impact on the country.
Impact of the subsidy removal
The removal of the subsidy on petrol is likely to have a number of negative impacts on the Nigerian economy. These include:
Increased inflation: The higher price of petrol is likely to lead to increased inflation, as businesses pass on the higher costs to consumers. This will make it more difficult for people to afford basic necessities.
Reduced economic growth: The higher cost of transportation is likely to reduce economic growth, as businesses will be less likely to invest and expand. This will lead to job losses and a decline in living standards.
Increased poverty: The higher cost of living is likely to push more people into poverty, as they will be unable to afford basic necessities. This could lead to social unrest and instability.
Government’s response
The government has said that it will use the money saved from the subsidy removal to fund social programs and infrastructure projects. However, it is unclear whether these measures will be enough to offset the negative impacts of the subsidy removal.
The government also needs to ensure that the removal of the subsidy is done in a fair and transparent manner. This means that all Nigerians should have access to petrol at the new price, regardless of where they live.
The subsidy removal is a major policy change that will have a significant impact on the Nigerian economy. The government needs to carefully manage the process to minimize the negative impacts and maximize the benefits.
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“Please consider me” – Nigerian man gets emotional as he mistakenly transfers ₦500k to Davido’s Wema Bank account
A Nigerian man has been left heartbroken after mistakenly transferring ₦500,000 to Davido’s Wema Bank account.
The man, who has not been identified, said that he was trying to transfer the money to his own account
when he mistakenly entered Davido’s account number.
“I was so devastated when I realized what I had done,” the man said.
“I’ve been saving up for this money for months and now it’s all gone.”
The man has been pleading with Davido to return the money, but the singer has not yet responded.
“I’m just asking Davido to please consider me,” the man said.
“I’m a big fan of his and I would be so grateful if he could help me out.”
Davido is known for his generosity and has been known to help people in need in the past.
However, it is unclear whether he will return the money to the man in this case.
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Congratulations, Class of 2023” – Lady Sets TikTok ablaze with Dance, Shows Off Ring as She Graduates from Girlfriend to Fiancée
In a heartwarming moment that has captured the hearts of TikTok users worldwide,
a young woman celebrated her graduation from girlfriend to fiancée in a joyous dance video that has gone viral.
The video, captioned “Congratulations, Class of 2023,”
features the newly engaged woman showcasing her sparkling diamond ring
while bopping to upbeat music, radiating pure happiness.
The video quickly gained traction on TikTok, amassing millions of views and thousands of congratulatory comments.
Viewers were touched by the woman’s genuine joy and the heartwarming nature of the proposal.
Many expressed their excitement for the couple and wished them a lifetime of happiness.
The viral video serves as a beautiful reminder of the simple joys of love and
the power of social media to connect and inspire others.
It’s a testament to the enduring belief in happily ever after
and the ability of love to bring people together.
@_swemma_ 2023 is going great if you ask me!!! #coupletok #girlfriend #fiance #engagement #boyfriend #couplegoals #fyp #couplecomedy
Blessing CEO, the CEO of a popular Lagos-based skincare brand, has slammed Sheila, the estranged wife of Davido’s logistics manager, Israel DMW.
In a recent interview, Blessing accused Sheila of marrying Israel DMW
only because of his association with Davido.
“Sheila only married Israel because of Davido,” Blessing said.
“She didn’t love him. She was just using him to get close to Davido.”
Blessing went on to say that Sheila is a gold digger who is always looking for her next meal ticket.
“Sheila is a gold digger,” Blessing said. “She’s always looking for a man to take care of her.
She doesn’t care who he is, as long as he has money.”
Blessing’s comments come after Sheila accused Israel DMW of domestic violence.
Sheila has also claimed that Israel DMW is a fraud who has been using her and her family.
Israel DMW has denied all of Sheila’s allegations. He has said that Sheila is the one who is violent and
that she is making up stories about him in order to get money from him.
The couple is currently going through a bitter divorce, and it is unclear what will happen next.
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