SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...

QUEUES RESURFACE IN FILLING STATIONS AS TINUBU DECLARES FUEL SUBSIDY REMOVAL. (PHOTO).


 Queues Resurface In Filling Stations As Tinubu Declares Fuel Subsidy Removal

May 29, 2023

Petrol stations in the city of Enugu are experiencing long queues just hours after President Bola Tinubu on Monday announced the end of fuel subsidy.

This is even as most of the stations that are dispensing increased their pump rates.

President Tinubu in his inauguration speech, highlighted that the fuel subsidy regime had disproportionately favoured the rich over the poor.

He commended the decision to phase out the subsidy, stating that the resources previously allocated to subsidy payments would be redirected towards public infrastructure, education, healthcare, and job creation, to improve the lives of millions.

In addition to the subsidy removal, Tinubu also addressed concerns about multiple taxations.

He expressed his commitment to reviewing the existing taxation system to stimulate economic growth and attract more investors to the country.

Many private stations visited by our correspondent are selling from 230 to 270 litres per litre.

The rush motorists said is due to the fear of further hike in the price of the product.

Analysts said the pump price could go as high as 750 naira per litre if the government stops paying subsidy.

The coming days will surely be interesting as Nigerians welcome the new administration.

 

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