Tinubu’s CNG low-fare directive stalls, NNPC claims hit N11.2tn, other top stories
The implementation of the Federal Government’s CNG-powered transport initiative, a three-day warning strike by public workers, rising NNPC oil security claims, criticism of President Bola Tinubu’s prosperity claim and the cancellation of a planned Obi-Kwankwaso rally in Akwa Ibom are among the major stories making headlines this morning. Read the five major stories making headlines Read More:…
President Bola Tinubu's directive for reduced transport fares via Compressed Natural Gas-powered buses has yet to take effect, as commuters in several states continue to pay the same or higher fares. The implementation challenge stems from a lack of CNG buses and inadequate refuelling infrastructure. The Chairman of the Presidential Initiative on CNG and Electric Vehicles, Ismaeel Ahmed, clarified that the October 1 deadline is for the Federal Government to monitor the rollout, not a simultaneous implementation date for all states.
Public service workers have initiated a three-day warning strike, demanding measures to alleviate worsening economic and mental hardships, including a wage award and a reduction in petrol prices. The Nigerian National Petroleum Company Limited reported a significant increase in energy security claims to N11.2tn for 2025, a 57% rise from N7.13tn in 2024.
The NNPC's 2025 audited financial statements also reveal higher production and a 33% increase in profit after tax. Nigerian Democratic Congress presidential candidate Peter Obi and his running mate, Rabiu Kwankwaso, have cancelled their planned two-million-man march in Akwa Ibom due to police cancellation of political rallies, meetings, and processions, citing threats to public peace.
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