The Presidency has maintained that the matter is before the court and urged the public to disregard his claims, while Adeyemi insists he is not an impostor and says the court will determine the dispute.
Uncategorized
BREAKING: Filling Stations Change Petrol Prices Nationwide As Depots Release New Rates
Fresh pressure is building on Nigerian consumers as major depot operators, including Ardova Plc (AP) and MRS Oil Nigeria Plc, have increased petrol depot prices following the continued rise in global crude oil costs.
The latest adjustment is expected to trigger another round of pump price hikes across filling stations nationwide, worsening the burden on households already struggling with rising transport fares and food inflation.
Industry data showed that Premium Motor Spirit (PMS), commonly known as petrol, now sells for between N1,278 and N1,290 per litre at major depots as of Friday, May 15, 2026.
Depot pricing data showed that Sobaz sold petrol at N1,290 per litre, while AP sold at N1,278. FYNFIELD also sold at N1,290, while A.A Rano adjusted its rate to N1,280 per litre.
The sharp increase at the depot level has already started reflecting at filling stations, where pump prices have climbed to as high as N1,340 per litre in some locations.
This means Nigerians may once again spend significantly more on transportation, logistics, and daily living expenses
The development comes despite earlier assurances from Dangote Refinery that it would work to reduce the frequency of petrol price hikes. Findings show that the refinery adjusted petrol prices nine times within the first three months of the year, including six increases and three reductions.
Analysts said the increase is largely linked to the volatility in international crude oil prices, fueled by the growing tensions around the Strait of Hormuz involving the United States and Iran. The strategic waterway remains one of the world’s most important oil shipping routes, and any disruption often sends shockwaves across global energy markets.
To protect themselves from possible losses, Nigerian depot owners have moved quickly to adjust their rates upward. According to data from PetroleumPriceNG, several operators raised PMS prices by about 1.0%, reflecting fears of further increases in landing costs.
Uncategorized
Tinubu Announces Two Top Appointments, Names Revealed
President Bola Ahmed Tinubu has approved the appointment of Eyitope Kola-Oyeneyin and Muhammad Hadi Mutallab as the new chairpersons of the boards of the Nigerian Investment Promotion Commission (NIPC) and the Nigerian Export Processing Zones Authority (NEPZA), respectively, in a move aimed at strengthening the leadership of key investment institutions in the country. Executive Branch
According to Ireporter Online, the appointments were announced by the Federal Ministry of Industry, Trade and Investment in a statement released on Monday and published through the Presidency’s official X account.
The ministry explained that the appointments are part of the Federal Government’s ongoing efforts to reinforce institutional governance by placing seasoned professionals in strategic positions to advance investment promotion and industrial development across Nigeria.
It stated that the appointments were made to provide effective leadership for the two agencies, which play crucial roles in attracting investments, driving industrialisation and supporting the country’s non-oil export agenda.
The ministry further clarified that the appointments are non-political and are intended to improve the operational efficiency of both institutions through stronger governance structures. It added that the newly inaugurated boards are expected to provide strategic direction, enhance oversight responsibilities and promote greater accountability in the discharge of their mandates
Uncategorized
BREAKING: Vice President, Seven Others Escape Helicopter Crash in Zambia

The Vice President of Zambia, Mutale Nalumango, on Thursday, escaped unhurt after a Zambian Air Force helicopter carrying her crashed shortly after take-off in Nakonde District, Muchinga Province.
According to Zambian authorities, Nalumango was travelling with seven other people when the aircraft went down.
Naija News reports that all eight occupants survived the incident without injuries.
An investigation has also been launched to determine what led to the accident, but authorities have confirmed that everyone aboard the aircraft is safe.
The vice-president had been in the northern district on official duties before the incident.
In other news, a Zambian court has sentenced Leonard Phiri and Mozambican Jasten Mabulesse Candunde to two years in prison for attempting to use witchcraft to kill President Hakainde Hichilema.
The two men were arrested in December 2025 after being found with charms, including a live chameleon, which prosecutors said were intended for a deadly ritual.
Delivering judgment, Magistrate Fine Mayambu described the convicts as a danger to society.
“It is my considered view that the convicts were not only the enemy of the head of state but were also enemies of all Zambians,” he said.
The court heard that a fugitive former MP allegedly hired the men. Despite claiming to be traditional healers, they were convicted on two counts under the Witchcraft Act.
Magistrate Mayambu said the accused admitted owning the charms and even demonstrated how they intended to use them.
Source: Naija News
Uncategorized
Resurfaced Clip Throws Spotlight Back on Alleged Fake Agency DG
A video of Prince Adeniyi Adeyemi Matthew, the man at the centre of the alleged ₦1.3bn “ghost agency” scandal, has resurfaced online on Monday as the controversy surrounding the purported government agency continues to intensify.
The video, recorded during a press conference held in late June 2026, showed Adeyemi defending his claim to the leadership of the alleged Presidential Foreign Intervention Promotion Council while challenging the position of the Presidency and the Office of the Chief of Staff to the President, led by Femi Gbajabiamila.
During the briefing, Adeyemi questioned how an agency described by the Presidency as non-existent could appear in official budget documents.
He said “the national budget does not emerge in isolation. It passes through multiple layers of technical drafting, executive coordination, ministerial inputs, Budget Office review, and finally legislative scrutiny by both chambers of the National Assembly.”
He argued that the inclusion of the agency in official budget documents raised questions about the integrity of the budget process.
“The question becomes unavoidable: At what point in this process did references to a non-existent agency allegedly enter the official record? And if they are indeed present in official documentation, what does that imply about the integrity of the process that produced and approved those documents?” he asked.
Adeyemi further claimed that the agency maintained several accounts with the Central Bank of Nigeria.
“The same acclaimed non-existent agency has a domiciliary account, a pounds sterling account and a Treasury Single Account, all domiciled in the Central Bank of Nigeria. Is it even possible to open an account with fictitious documents in a commercial bank in Nigeria today, let alone the Central Bank of Nigeria?” he said.
He also alleged that the Chief of Staff to the President, Femi Gbajabiamila, demanded 48 per cent of the agency’s proposed ₦27.4bn take-off grant and referenced an alleged demand for ₦12.5bn.
The Presidency has, however, consistently denied the allegations.
The Office of the Chief of Staff has maintained that the Presidential Foreign Intervention Promotion Council has no legal backing and was never established by the Federal Government.
According to the Presidency, Adeyemi forged official documents, including appointment letters bearing the names and signatures of senior government officials, to portray himself as the Director-General of the purported council.
Authorities also alleged that he operated from an office inside Phase III of the Federal Secretariat Complex in Abuja, where he hosted meetings with government officials, diplomats, foreign investors and members of the public while presenting himself as a senior government official.
The controversy deepened after it emerged that an entity listed in the 2026 Appropriation Act as the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council received more than ₦1.3bn in budgetary allocations, sparking widespread public scrutiny over how a body the Presidency now describes as fictitious appeared in the federal budget.
The reported allocation comprised about ₦803m for personnel, ₦200m for overhead and ₦300m for capital expenditure.
Adeyemi is facing an eight-count charge bordering on forgery, impersonation, false personation and operating a fictitious government agency before the Federal High Court in Abuja.
-
Politics1 day agoTop APC Governor Announces Running Mate for 2027
-
Tech2 days ago“Irreparable Loss”: Tears as Prominent APC Chieftain Dies
-
Politics1 day agoBREAKING: Atiku in Strong Trouble As Court Gives Fresh Verdict on ADC Crisis
-
Business1 day agoDangote Refinery Fixes Petrol Price in New Pricing Template
-
News20 hours agoTension as Wike, Tinubu’s Allies Clash Over Top Agency’s Appointment
-
Uncategorized12 hours agoTinubu Announces Two Top Appointments, Names Revealed
-
Politics2 hours agoMuslim- Muslim Ticket: Former Speaker Breaks Silence on Dumping APC
