PRESS BRIEFING BY THE COMMISSIONER OF POLICE, ANAMBRA STATE COMMAND CP IKIOYE ORUTUGU, fwc MNIPS PhD AT THE ANAMBRA STATE POLICE COMMAND HEADQUARTERS, AWKA ON 17TH DECEMBER, 2025.(PHOTOS).#PRESS RELEASE.

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 PRESS BRIEFING BY THE COMMISSIONER OF POLICE, ANAMBRA STATE COMMAND CP IKIOYE ORUTUGU, fwc MNIPS PhD AT THE ANAMBRA STATE POLICE COMMAND HEADQUARTERS, AWKA ON 17TH DECEMBER, 2025 On behalf of the Officers and Men of the Anambra State Police Command, I warmly welcome you to this media briefing today, 17th December 2025, as the year draws to an end. As the lead agency in internal security, the Nigeria Police Force recognizes that the ultimate assessment of our performance rests with the good people of Anambra State. While we acknowledge that we are not yet where we aspire to be in achieving total security, it is important to emphasize that the cooperation, trust, and timely support we received from residents significantly contributed to the successes recorded during the year under review. Throughout the year, the Command observed fluctuations in crime patterns, largely influenced by socio-economic realities and evolving security dynamics across the country. Nevertheless, through pro...

SUBSIDY IS GONE', FG DISMISSES WORLD BANK’S CLAIM.(PHOTO).



subsidy Is Gone’, FG Dismisses World Bank’s Claim

The Federal Government has said contrary to the claim by the World Bank that government is still paying subsidy on petrol, the era of petrol subsidy is “gone for good”.

Speaking in an interview on Channels TV on Thursday morning, Minister of Information and National Orientation, Mohammed Idris, said President Bola Tinubu made it clear from his first day in office that his government would not sustain the payment of subsidy on petrol.

The minister said the subsidy removal had translated to increased revenue accruing to the federation account.

The World Bank hinted on Wednesday that current fuel prices in Nigeria were not cost-reflective and that the Federal Government might still be paying subsidy on petrol.

The bank said Nigerians should be paying about N750 per litre as against the current price of N650 in some parts of the country.

The World Bank’s lead economist for Nigeria, Alex Sienaert, during his presentation of the Nigeria Development Update (NDU), December 2023 Edition in Abuja on Wednesday, insisted that there was still subsidy on petrol.

He stated, “It does seem like petrol prices are not fully adjusting to market conditions. So, that hints at the partial return of the subsidy if we estimate what is the cost reflective of the retail PMS price of the would-be and assume that importation is done at the official FX rate.

“Of course, the liberalisation is happening with the parallel rates, which is the main supplier, the price would be even higher. These are just estimates to give you a sense of what cost-reflective pricing most likely looks like.

“We think the price of petrol should be around N750 per litre more than the N650 per litre currently paid by Nigerians.”

 

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