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...
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PUMP PRICE TO INCREASE AS PRESIDENT TINUBU APPROVES 15 PERCENT IMPORT DUTY ON PETROL, DIESEL IMPORTS. (PHOTO).

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 Pump price to increase as President Tinubu approves 15 percent Import Duty on petrol, diesel imports


President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), commonly known as petrol.


The approval was conveyed in a letter dated October 21, 2025, by Damilotun Aderemi, the President’s Private Secretary, to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).


The President’s decision followed a request from the FIRS to apply the 15 percent duty on the cost, insurance, and freight (CIF) value, aimed at aligning import costs with domestic realities.


With the implementation of the new import duty, the price of petrol is expected to rise by an estimated N99.72 per litre.


Following the announcement, the Nigerian National Petroleum Company Limited (NNPCL) disclosed that it has commenced a comprehensive review of the nation’s three petroleum refineries to bring them back to operation.

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