The Crude Oil Refinery Owners Association of Nigeria (CORAN) has projected that petrol prices could drop to as low as N350 per litre if the government addresses three critical issues.
“Nobody can tell us where not to gather, we are Rivers people,” Channels TV reported young demonstrators shouting at policemen.
The price of Brent is used globally to benchmark the prices of other crudes – major feedstocks – and by extension petroleum products prices.”
Meanwhile, the prison controller allegedly warned inmates not to share information. “He said the action would worsen their case,” a source said.
Nigerians in the diaspora have raised concerns over the current investment climate in the country, urging President Bola Tinubu to address issues that hinder growth.
“People are now cut off from news, especially international news,” – Moussa Jaharou, longtime listener from Niger.
“We have been in prison since 2019. We were domestic staff of the former first lady, Patience Jonathan. In 2019, there was a case of breaking into one of her apartments in Otuoke, and she decided to arrest all her workers.“We were not even working in that apartment; since then, there is no evidence to prove to the court, and the case is not proceeding…”
“With the current security challenges in Nigeria, it is not surprising that a Nigerian investor would choose to take such an investment to a neighboring country. It is a win for Africa, but it’s unfortunate that we couldn’t facilitate such investments within Nigeria.”
They anticipate a potential intervention from the Central Bank of Nigeria to stabilise the naira and curb further depreciation.
Currently, Nigeria has one of the worst energy accesses… A ban on the importation of solar panels… would worsen the country’s energy crisis.
