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2027: As campaign begins today, INEC targets over 100m voters

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INEC Chairman

*** To deploy 1.4m ad-hoc staff in 176,000 polling units

*** Political parties earmark over N2.3bn for advertorials

*** APC to spend 70% of the total sum

By Williams Orji

As major political parties in Nigeria begin their political party campaigns today, Wednesday, August 18, 2026, the Independent National Electoral Commission (INEC), has announced plans to deploy approximately 1.4 million ad-hoc personnel across more than 176,000 polling units nationwide for the 2027 General Election, as the electoral body moves into full-scale preparations for what is expected to be one of the country’s largest and most logistically demanding elections.

INEC Chairman, Joash Amupitan, disclosed this on Tuesday in Abuja when he received a Pre-Election Assessment Mission delegation of the International Republican Institute (IRI), led by former United States Assistant Secretary of State for African Affairs and former U.S. Ambassador to South Africa, Jendayi Frazier.

Amupitan said the Commission had drawn important operational lessons from recent off-cycle elections, particularly the Ekiti and Osun governorship elections, as well as legislative by-elections, which he described as “live operational stress tests” for INEC’s technology, logistics and security coordination systems.

This is as economists and other stakeholders are worried on the estimated amount of money, alleged to be the money political parties had mapped out to spend as campaign funds, in their ability to convince and equally sway voters and potential voters to their sides come January 2027, when the presidential election is scheduled to hold in the country.

Amongst the major political parties that have billed to spend more funds for campaigns include the ruling All Progressives Congress (APC), African Democratic Congress ADC and Nigeria Democratic Congress NDC, respectively, with other minor political parties also set to spend in small measures just to be noticed.

According to some political watchers, the kick off of the campaigns in major media platforms including door-to-door campaign and open campaign rallies will attract major chunk of the advert budget of the parties.

An economist based in Abuja, Dr.Ikenna Okwali, said this year’s campaigns and other related issues concerning wooing possible voters to their camps, will mark another milestone in political funding in the history of Nigeria.

“We are in an era where there are so much money in the hands of these politicians, especially those in the ruling party. This is neccesitated by some economic measures introduced by the present administration led by President Ahmed Bola Tinubu, which have seen many state governors, federal government agencies getting more allocations from the federal accounts. So, it is normal in Nigeria context to see a lot of money running into billions of naira being channeled to run the coming campaigns, especially that of the presidential election.”

He enthused that already the economic is beginning to affected by the amount of money being stacked away for the primary purpose of using such funds for advert and other campaigns.

Dr. Okwali, who spoke to our Reporter in his office said that already over N2.3trn have been set aside by these parties to canvass for votes as the campaigns start on Wednesday.

As we speak he ruling party like APC has all the financial capacity to run their campaigns seemlessly. They have the funds, they control the treasure. Almost all the governors are in their party. So, tell me how such party will not budgets huge sums of funds to execute their campaigns including buying the best advert spaces in the media landscape.

A media consultant, Chief Aheghigbe Omehie mentioned major social media platforms, major television and radio stations as would-be major beneficiaries of the funds to be expensed by these parties, with APC dolling more funds to oil their campaigns machinery.

“I tell you, APC will outsmart others in campaign spending. When you look at the caliber of politicians in their camp, of course you will know that the election is already won, if that will determine the success or otherwise of the election outcome.”

To Aminu Umar, a chieftain of APC, ” our great party is fully prepared to seal smoothly as these campaigns start tomorrow (today). We have the financial warchest to withstand any challenge that may come up during the campaigns.

” APC has the financial muscles to match even the opposition parties combined. Our finances are running in billions in readiness for the campaign kick-off.”

An opposition politician from ADC Shuaibu Mohammad opined that his party, the APC is equally fully prepared to fund its campaigns using all the available medium including the social media. He said that ADC will march APC in all fronts interns of all advert campaigns including door-to-door campaign.

However, the INEC chairman said the Commission is now directing its full institutional attention towards the 2027 elections, with preparations focused on strengthening voter registration and verification, improving logistics, expanding accessibility and deploying technology to protect the integrity of the electoral process.

He noted that INEC’s experience in recent elections has demonstrated the increasing reliability of its technological systems, particularly the Bimodal Voter Accreditation System (BVAS) and the electronic transmission and public display of polling-unit results through the INEC Result Viewing (IReV) portal.

Amupitan added that the real-time public display of Polling Unit Result Sheets, Form EC8A, had achieved upload rates of more than 98 per cent in recent off-cycle elections.
“Technology has permanently closed the door on legacy voting vulnerabilities, ensuring that the ballot box alone determines electoral outcomes,” the INEC chairman declared.

The assertion represents one of the strongest indications yet of the Commission’s confidence in the technological architecture that will underpin the 2027 elections, following years of controversies surrounding election result management, accreditation and transmission.

He said, ” On behalf of the Independent National Electoral Commission (INEC), it gives me great pleasure to warmly welcome Ambassador Dr. Jendayi Frazier and the distinguished members of the International Republican Institute’s (IRI) Pre-Election Assessment Mission (PEAM) to the Commission’s Headquarters. For decades, the IRI has remained a dependable global partner in strengthening democratic institutions, fostering electoral integrity, and supporting electoral management bodies across Africa. We deeply appreciate your sustained interest and constructive engagement with Nigeria’s democratic journey

“Your visit from August 11 to 21, 2026, comes at a uniquely pivotal moment in our electoral calendar. Just three days ago, on Saturday, 15th August 2026, the Commission successfully conducted the Osun State Off-Cycle Governorship Election. Furthermore, tomorrow, Wednesday, 19th August 2026, marks the official statutory commencement of public campaigns and rallies for the 2027 General Election. Therefore, your mission is both timely and strategic, providing an independent lens on our operational environment as we transition into full-scale national preparations”

He noted further that the Commission has utilised off-cycle gubernatorial elections (including recent polls in Ekiti and Osun, as well as several legislative by-elections) as live operational stress tests for its technological architecture, field logistics, and security coordination frameworks.

“The performance of the Bimodal Voter Accreditation System (BVAS) for dual biometric verification and the real-time public display of Polling Unit result sheets (Form EC8A) on the INEC Result Viewing (IReV) portal continues to demonstrate high operational reliability, achieving upload rates above 98% in recent off-cycle contests. Technology has permanently closed the door on legacy voting vulnerabilities, ensuring that the ballot box alone determines electoral outcomes.

“As we turn our full institutional focus toward the 2027 General Election, the Commission is scaling its administrative capacity to manage an unprecedented logistical operation. In 2027, INEC will deploy a workforce of approximately 1.4 million ad-hoc personnel across more than 176,000 Polling Units nationwide.

Our ongoing operational roadmap includes:

“Continuous Voter Registration (CVR) & Register Audit: Utilising the Automated Biometric Identification System (ABIS) to eliminate duplicate records and maintain a clean, verified voter roll.

“We are equally clear-eyed regarding the systemic challenges confronting our democratic space. Security risks, localised electoral violence, vote-buying, and the rapid proliferation of hate speech, disinformation, and Foreign Information Manipulation and Interference (FIMI) pose direct threats to voter confidence. To mitigate these risks, INEC works closely with security agencies under the Inter-Agency Consultative Committee on Election Security (ICCES), alongside anti-graft agencies (EFCC and ICPC), to enforce election laws, monitor campaign finance violations, and prosecute electoral offenders.”

He emphasize that INEC views international election observation missions not as critics, but as invaluable institutional partners. The objective insights, risk analyses, and recommendations provided by pre-election missions like yours help us refine our operational strategies, identify blind spots, and build public trust. You can be assured of the Commission’s unreserved transparency, open door policy, and full cooperation throughout your engagement in Nigeria and ahead of your International Election Observation Mission (IEOM) for the 2027 General Election.

“As an electoral management body, INEC holds no preference for any political party or candidate. Our sole mandate is to serve as an uncompromising, impartial umpire dedicated to delivering a free, fair, credible, transparent, and inclusive election that reflects the sovereign will of the Nigerian people,” he reaffirmed

In another development, INEC said it has projected that Nigeria’s registered voting population will surpass 100 million ahead of the 2027 general elections.

The INEC national commissioner and chairman of Information and Voter Education Committee , Mallam Mohammed Haruna,disclosed this on Tuesday in Abuja.

Haruna, who spoke at INEC “Joint Implementation Meeting of the Departments of Voter Education and Publicity (VEP) and Gender and Inclusivity (G&I) for the 2027 General Elections,” explained that with the previous voter register standing at over 93 million, it is expected to cross 100-million when the just concluded nationwide Continuous Voter Registration (CVR) is finalised, placing Nigeria as the largest electoral democracy in Africa.

The meeting was to draft the communication and inclusivity roadmap for the 2027 General Election, to ensure the elections were free, fair, credible, peaceful, and inclusive.

He tasked INEC information officers with delivering effective publicity to mobilise all eligible citizens.

“Our job is to give the widest and most effective publicity to all five sets of elections to mobilise all Nigerians of voting age to choose their leaders. This job is at once simple and complex,” he said.

He noted that managing communication for over 100 million voters requires high professional standards, urging information officers to equip themselves with relevant skills and basic legal frameworks.

“We must also be well-informed on other relevant legislation like the Freedom of Information and Data Protection Acts,” Haruna said.
He added that building on the success of recent off-cycle elections including Osun demanded harder work to deliver the freest and most credible general elections in the country’s history.

In his remarks, Chief Press Secretary to the INEC Chairman, Mr Adedayo Oketola, reiterated the commission’s commitment under Prof. Joash Amupitan to credible and inclusive elections, as well as implementation of the outcome of the meeting.
Oketola described the joint meeting as timely and vital for drafting an actionable communication and inclusivity roadmap.

He said that while technological infrastructure and operational logistics form the backbone of electoral administration, the two departments constituted the human face and voice of the INEC.

“You build public trust, simplify complex procedures, and ensure that no eligible citizen is left behind,” Oketola said.

He, however, warned that the communication landscape leading into 2027 presents threats such as misinformation and disinformation aim to undermine voter confidence and fuel apathy.

“The antidote to disinformation is proactive, factual, and continuous public engagement.
“Our messaging must move beyond traditional announcement-style publicity into aggressive, daily civic education that demystifies our technology, such as the Bimodal Voter Accreditation System (BVAS) and INEC Results Viewing (IReV), and reinforces the integrity of the open secret ballot system,” he said.

On gender and inclusivity, he reiterated that electoral access for Persons with Disabilities (PWDs), women, youths, and elderly voters remained a constitutional right.
“From the deployment of Braille ballot guides and magnifying glasses to prioritising vulnerable queues and expanding youth participation through Continuous Voter Registration (CVR), 2027 must set a new benchmark for electoral access in Nigeria,” he said

The Director of VEP, GVictoria Eta-Messi, said that INEC grassroots reach with regard to voter sensitisation and enlightenment depends largely on the capacity and efficiency of the heads of department, VEP who were expected to be drivers of the programmes in their respective states.

Eta-Messi said that the implementation meeting provides clarity and direction for uniformity in task execution.
“The off-cycle governorship elections are out of the way, and what lies ahead is the 2027 general election, and going by the line of activities of both departments, this meeting takes precedence and sets the tone for what lies ahead.

“This meeting will therefore provide a platform for both departments to walk participants through the commission approved activities, highlight the strategies for implementation, and ensure that the timelines and expectations are clearly understood.
At the meeting were heads of departments of of VEP and G&I across the 36 states and the FCT.

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2027: In revised list, APC names Wike, Soludo, Adeleke, others in new Presidential Campaign Council

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***Council to be inaugurated today

*** Inclusion of non APC members, President’s efforts in actualising his re-election bid, says Wike

By Eze Nnadi

The ruling All Progressives Congress (APC), on Tuesday, released a revised list of its 2027 Presidential Election Campaign Council, with few stakeholders from outside the party.

The new list, which included non APC members like former governor of Rivers State, currently the Minister of the Federal Capital Territory (FCT), Nyesom Wike, governors of Anambra and Osun states, Chukwuma Soludo and Ademola Adeleke respectively, also have former governors of Lagos state, Babatunde Raji Fashola and Akinwumi Ambode, as well as as Minister of Aviation, Festus Keyamo, among its members.

The revised list which was made available on Tuesday, after it was earlier withdrawal last month, still retained President Bola Tinubu as head of the campaign council, with Vice-President Kashim Shettima and APC National Chairman, Prof. Nentawe Yilwatda, serving as vice-chairmen.

Senate President Godswill Akpabio, Speaker of the House of Representatives Tajudeen Abbas and Kwara State Governor AbdulRahman AbdulRazaq are also listed as vice-chairmen.

Former Zamfara State Governor, Senator Abdulaziz Yari retained his position as Director-General, with Yobe State Governor, Mai Mala Buni, Senate Leader Opeyemi Bamidele, Deputy Senate President Barau Jibrin and Deputy Speaker Benjamin Kalu remained as deputy directors-general. Senator Adams Oshiomhole is listed as Deputy Director-General, Mobilisation.

Similarly, Imo State Governor Hope Uzodimma was named as the campaign council secretary with the National Secretary of the APC, Senator Ajibola Basiru as deputy secretary and Hadiza Bala Usman as assistant secretary.

Other officials include Femi Gbajabiamila, who will oversee administration; Ibrahim Kabir Masari, in charge of logistics and operations; former Speaker Aminu Masari, Deputy Director-General, Parliament Mobilisation; and David Umahi, who will oversee infrastructure mobilisation and sensitisation.

The council also listed zonal campaign coordinators and co-coordinators across the six geopolitical zones.

They include Governor Bassey Otu and Victor Giadom for the South-South; Enugu State Governor Peter Mbah and Ijeoma Arodiogbu for the South-East; Lagos State Governor Babajide Sanwo-Olu and Prince Oladiran Iyantan for the South-West; Muazu Bawa Rijau and Niger State Governor Umar Bago for the North-Central; Kaduna State Governor Uba Sani and Garba Datti Muhammad for the North-West; and former Borno State Governor Ali Modu Sheriff and Idris Suhaibu for the North-East.

At the state level, the list names governors and other political figures as campaign coordinators. They include Ahmadu Fintiri for Adamawa, Umo Eno for Akwa Ibom, Chukwuma Soludo for Anambra, Babagana Zulum for Borno, Sheriff Oborevwori for Delta, Hope Uzodimma for Imo, Abba Kabir Yusuf for Kano, Dapo Abiodun for Ogun, Ademola Adeleke for Osun, Nyesom Wike for Rivers and the Federal Capital Territory, and Dauda Lawal for Zamfara.

Former APC national chairmen Adebisi Akande and Abdullahi Adamu; as well as former Ogun State Governor Ibikunle Amosun; former Osun State Governor Iyiola Omisore; Senator Ibrahim Dankwambo; Senator George Akume; former Ogun State Governor Segun Osoba; and Wale Edun. Obafemi George are also listed as advisers

The Directorate of Election Planning, Coordination, Monitoring and Mobilisation, established ahead of the 2027 general election, has Faleke as Deputy Director-General, with Stella Okotete and Engr. Abdullahi Garba Ramat serving as Secretary I and Secretary II, respectively. Audu Maikori is also listed as a secretary.

Other members of the directorate include Soares Omotola, Bashir Dabo, Sheriff Mohammed Usman, Jibrin Bancir, Ayoola Peter Olajolo, Abubakar Sadiq Sada and Princess Folasade Ogunbiyi.

In the Directorate of General Logistics and Operations, Masari has been appointed Deputy Director-General, while Adeniyi Tinubu and Barr. Yakub Bashir Bello will serve as deputies. Prof. Kabiru Isa was named secretary.

Members of the logistics and operations directorate include Ekene Nwokoro Ogbonaya, Prof. Vincent Weli, Ambassador Olusola Iji, Amina Bello, Ahmed Zibiri, Annabel Isenyo, Terrence Kuanum, Prof. Latif Babatunde Ayeleru, Amarachi Ejike, Dr Aminu Ibrahim Tsanyawa and Prof. Shuaibu Abdullahi.

Others are Senator Bello Tukur, Senator Adegbonmire Adeniyi Ayodele, Taiwo Adebowale, Sunusi Muhammad Abdullahi, Wasiu Olaomo Ayeola, Chief Isaac Ijwo, Garba Gololo Mohammed, Biodun Ogunbi, Ayuba Ganiyu Adele, High Chief Edem Duke, Yusuf Capt. Buba, Oden Ewa, Prince Ademuviwa Adex, Makinde Peter Abiola, Chief Solomon Ogba, Senator Lawal Hassan Dan Iya, Ambassador Kelvin Peter, Maggadas Mohammed Muazu and Victor Agwu.

The revised campaign council will be insugursted today (Wednesday, 14 October, 2026, according to a statement by the Party’s National Publicity Secretary, Felix Morka,

Morka said the inauguration will take place at the Banquet Hall of the Presidential Villa, Abuja, marking a major step forward in the Party’s preparations for the presidential election.

Reacting to the new list, Minister of the Federal Capital Territory, FCT, Nyesom Wike, said Tinubu’s decision to accommodate individuals outside the ruling party showed that the president’s appreciation of efforts by some non APC members in actualising his re-election bid

Wike, who is the national leader of the Peoples Democratic Party (PDP), said president Tinubu’s re – election campaign should not be restricted to APC members but also include supporters willing to contribute to his victory.

The minister who spoke during his monthly media parley on Tuesday in Abuja, emphasised that the president recognised that some individuals who were not members of the APC had contributions to make towards his re-election and decided to accommodate them.

“So my thinking is that the president said, look, there are those who are not members of our political parties, but have something to offer for his re-election, and it will be proper to accommodate them so that we are able to offer whatever they may call it,” he said.

Wike explained that the arrangement reflected cooperation between APC members and supporters of Tinubu, despite their different political affiliations.

“Some don’t want to see the word coalition, but if you see that word PBAT slash APC, were the members of the party, and supporters of Mr President working together to achieve one purpose

“You can see Professor Soludo, Governor of Anambra State, who is the coordinator for Anambra State. You can see Governor Adeleke, who is not a member of APC, but the coordinator for Mr President, and then my humble self, who is not a member of APC, but a strong coordinator for the president in Rivers and the FCT.

“It tells you that it’s not necessarily just APC. Like we are saying that the re-election of Mr President should not just be about the APC,” he said.

Wike added that the arrangement demonstrated that Tinubu had supporters across political divides who wanted him to remain in office.

Wike, who defended his nutured Rainbow Coalition backing President Bola Tinubu’s re-election, dismissed concerns that the initiative could create divisions within the All Progressives Congress.

He said the coalition was designed to strengthen Tinubu’s electoral chances by bringing together APC members and supporters of the President from other political parties, rather than undermining the ruling party as claimed by some APC governors

“If you see that word, PBT/APC, it means those who are supporting the president who are not members of the party, together with the party, are working together to achieve that purpose,” Wike said.

He cited Borno State Governor Babagana Zulum and Osun State Governor Ademola Adeleke as examples of political figures associated with the coalition’s state-level coordination, alongside himself.

“The major thing is Mr President. Whatever we are going to do, whoever has any idea or anything to contribute is to the success of Mr President. That is the whole thing,” he clarified.

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Insecurity: Catholic Church shuts schools, hospitals in Gov Alia’s home town

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*** Orders withdrawal of Priests, Reverend Sisters, teachers, medical workers, other personnel

From Henry Tyonongo, (Makurdi)

Education and health received a major blow at Ihugh, the home town of Benue State Governor, Rev. Fr. Hyacinth Allia, following the suspension and closing of all schools and hospitals operating in the Vandeikya Local Government Area community by the Catholic Church.

The decision, which was announced on Tuesday by the Catholic Diocese of Gboko, Benue State, ordered the suspension of church institutions, including schools and hospitals, in the area over repeated attacks, arson, burglary and alleged harassment of its personnel.

The affected institutions are St Winifred Secondary School, St Winifred Nursery and Primary School, St Thomas Hospital, including Salus Mind Care Center and its chaplaincy, and St Winifred Parish.

The Diocese similarly directed the withdrawal of its personnel, including priests, Reverend Sisters, teachers, medical personnel and other workers from the institutions, effective October 12, 2026, until further notice.

The Gboko Catholic Diocese in a pastoral letter signed by the Bishop, Most Rev. William Avenya, and the Diocesan Chancellor, Rev. Fr. Marcellinus Wende, said the decision followed repeated attacks, including the burning of St Winifred Secondary School students’ hostels on October 28, 2025; May 10; May 15; and October 11, 2026.

It noted that “Over a considerable period, the Catholic institutions in Ihugh have suffered repeated disturbances, attacks and acts of destruction.

“Among these were the recent burning down of the students’ hostels of St Winifred Secondary School, Hugh, on October 28th, 2025; May 10th, 2026; May 15th, 2026; and October 11th, 2026, acts that have destroyed the shelter of young people entrusted to our care, wiped out the labour and sacrifices of many years, and placed the lives and safety of students, teachers, and staff in grave danger.

“The persistent burning down of St Winifred Secondary School students’ hostels was not an isolated event. The consistent burglary issues in St Winifred Parish, Ihugh, the repeated criminal incidents at St Thomas Hospital, Ihugh, and the hooliganism witnessed during the time of the reopening of St Thomas’ Hospital, Ihugh, on 21st June, 2024, wherein the people of Ihugh openly projected placards and chanting slogans that ‘They no longer want the Reverend Sisters to work in Ihugh’,” the letter stated.

The Diocese in it’s letter, described the incidents as “a systemic pattern of hostility and destruction directed at church-owned properties, alongside arson and harassment.” Each incident has left behind fear, loss and uncertainty among those who serve and are served by the Church.”

It regretted that its institutions, established to serve the public, had repeatedly been targeted, noting that

According to the Diocese, “the Church exists to bring life. Our schools, hospital and parish in Ihugh were established for the good of all, irrespective of creed or origin. It is therefore a source of profound grief that works meant for the common good have repeatedly become targets.”

The Diocese however stated that it had engaged the host community, traditional rulers, elders and security authorities in efforts to resolve the crisis.

“The Church does not take the path of withdrawal lightly, nor in haste. The Lord instructs us to be peacemakers, and we have laboured to be so. At every stage we sought dialogue rather than confrontation and reconciliation rather than recrimination.

“The Diocese has met with the host community, engaged the traditional rulers and elders of the land, and brought these grievances before the relevant civil and security authorities, all in the hope of finding a just and lasting peace.

“We have listened, we have appealed, and we have waited patiently. Sadly, these sincere efforts have not yielded the peace, security and guarantees that the continued presence of our institutions requires.

“The Church is a partner in development, not a victim to be repeatedly wounded. A partnership requires mutual respect, protection and good faith. When the very institutions that serve a community are burnt and their workers threatened, such a partnership cannot be sustained.

“The Church cannot, in conscience, continue to expose her priests, consecrated persons, teachers, medical personnel, students and patients to danger, nor continue to invest the resources of God’s people where they are not safe and are not valued.”

The Diocese stressed that the decision was not motivated by vengeance, saying, “We do so not in anger, nor in bitterness, nor in vengeance, but in sorrow, with prayer, and with the door of reconciliation left open.”

It assured that it’s students would be assisted to continue their education in other Catholic schools, while patients at St Thomas Hospital would be referred to other health facilities.

The Diocese similarly assured that its employees affected by the decision will be treated with justice and charity, in accordance with Church teaching on the dignity of labour.

“To the entire people of Ihugh, to its leaders and to its youth, we make no accusation against the innocent, and we hold no hatred in our hearts. We bear no ill will toward our brothers and sisters, many of whom have known only the good that these institutions brought.

“We say plainly that violence, arson and destruction are contrary to the Gospel, contrary to the dignity of the human person, and contrary to the good of the community itself. They impoverish the very people they claim to defend, depriving children of education, the sick of healing, and the faithful of worship.”

The Gboko Catholic Diosces however noted that the closure was not a final departure, adding, “This decision is a painful one, but it is not a final farewell. The Church leaves in sorrow, not in contempt.”

It said it would consider returning if there was “genuine repentance, restitution, a firm commitment to peace, and credible lasting assurances of safety” for its personnel and property.

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FG announces petrol discount at NNPC stations for next 30 days

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***Pegs price at N1,350 per liter

…Says subsidy added N15.8trn to federation account in two years

*** It’s election package, Atiku taunts FG

By Sam Otuonye

The Federal Government says it is offering a discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL) for the next 30 days.

This was made known by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, at a press briefing on fuel prices and subsidy questions on Thursday, October 8, 2026, in Abuja.

The minister emphasized that the discount is not a subsidy, but an arrangement by the government to sell the petrol at cost.

Oyedele said, “We are offering a discount on petrol dispensed by NNPC limited for the next 30 days in the first instance with priority for public transporters nationwide. So, it’s not a subsidy, government is just saying we sell to you at cost.”

The Minister explained that the high fuel prices is caused by a global shock, felt by every country in the world without exception, owing to the conflict in the Gulf in the last eight months.

He noted that by mid-September, shipping through the Strait of Hormuz was running 13 percent of its pre-war level, with Brent crude trading at over 100 dollars a barrel, almost 50 percent higher than before the war.

According to him the squeeze was sharpest in refined products, with diesel exports from the Middle East and Russia down 75 percent from a year ago. On the other hand, Oyedele said crude tanker rates from West Africa reached record highs in September as the world scrambled for supply outside the Gulf.

Our petrol is already far cheaper than in most neighbouring countries.Widen that gap, and Nigerian taxpayers would be subsidising motorists across our borders, as we did for years. Cheaper fuel would also raise consumption at home, at a time when global supply is tight. Excess consumption any where means higher prices everywhere, and that comes back to us as imported inflation.

Unfortunately, the International Energy Agency expects the pressure on refined products to last for months.
No country has been spared, he added.

On fuel subsidy Oyedele criticized those promising and calling for the removal of fuel subsidy

“In recent weeks,there has been debate about proposals to return to fuel subsidy,including one described as a “production subsidy” for local refining. We do not question the motives of those who propose it. We agree on the problem. Where we differ is on the remedy.

He argued that a subsidy does not lower the cost of fuel but only changes how it is paid, and when, noting that Nigerians have paid that bill before, in scarcity, in inflation and in a collapsing currency.

“However it is described, a subsidy must be financed through salaries and pensions not paid on time, through higher taxes, or through the printing of money. Each of these has done great harm before. Short-term relief bought with long-term fragility is the most expensive money a government can spend.”

The Minister said that without the removal of subsidy, Nigeria would have witnessed a worse situation in the face of the conflict, stating that the impact of higher crude prices is mixed, as it supports the budget and Federation revenue, even as production is below forecast, and legacy crude commitments from the subsidy era absorb much of the gain.

“Its government suspended fuel duties to hold prices down.When that relief ran out this month, pump prices rose by about 24 percent in a single adjustment. Relief that cannot be sustained does not remove the pain. It postpones it, and then delivers it all at once, often with greater force.

“Our own numbers tell the same story. Before the conflict, with crude near 70 dollars a barrel, petrol sold for about 830 naira a litre.Today it averages about 1,400 naira.That increase was caused by a global conflict in which we had no say.

“Ironically, without the removal of subsidy, the impact would have been far greater. For Nigeria, the impact of higher crude prices is mixed. It supports the budget and Federation revenue. But production is below forecast, and legacy crude commitments from the subsidy era absorb much of the gain. At the same time, households and businesses face higher fuel, transport and logistics costs, and the burden falls hardest on the most vulnerable.”

He further justified the subsidy removal as he noted that in the face of the months of the conflict supply has been sustained which makes affordability easy.

“Yet there is one thing Nigerians have not faced through these months:queues. Fuel has remained available in every state. In a crisis of this kind, availability is the first form of affordability.”

Also counting the gains of subsidy removal Oyedele said it released N15.8 trillion to the Federation Account between June 2023 and December 2025. Of that, N10.4 trillion went to states and local governments.

“In May 2023, 27 states could not reliably pay salaries.Today, none is in that position. At the federal level, about two-thirds of the savings combined with additional independent revenue and borrowing were utilised on spending that went directly to average Nigerians, through higher wages, infrastructure, electricitysubsidyandsocialtransfers.Thebalance went to stabilising the economy, mainly by way of higher cost of servicing debt as interest rates went up to tame rising inflation.

“Return subsidy and the sequence is familiar. Weaker revenue invites a sovereign credit downgrade, as the rating agencies have already signalled. That would put at risk the upgrades we have recently earned, including our first from S&P in fourteen years.”

“It’s election package,” Atiku taunts FG

Former Vice-President Atiku Abubakar has described the federal governments 30 days petrol price reduction as a careful package by president Bola Tinubu’d to target the Nigerian voters ahead of the 2027 general election

Atiku in a statement issued Thursday by the Director of Strategic Communication of the ADC Presidential Campaign Council, Phrank Shaibu, condemned the proposal, describing it as a desperate, temporary gesture that cannot repair the damage caused by the crushing cost of fuel.

Atiku further decried what he described as the Tinubu administration’s attempt to dangle a fuel subsidy, adding that it was reckless, disgraceful and scandalous.

“Now, as the election draws closer, President Tinubu is dangling a temporary discount at the very epicentre of the cost-of-living crisis that has tormented households and businesses.”

“Atiku totally rejects this calendar-scheduled, election-laced subsidy package. Nigerians are not fools to be offered a month of discounted fuel after years of punishing prices and then expected to forget the hardship when the discount expires. This is shameless and heartless.

“What happens on Day 31? Nigerians wake up to the same brutal prices, the same punishing transport fares and the same rising cost of food. The government cannot manufacture relief for one month and expect Nigerians to applaud while the hardship remains,” he said.

He noted that the offer is limited to NNPC stations, while the government has yet to state how much motorists will save per litre or guarantee that any savings for transport operators will be passed on to passengers through lower fares.

The former Vice President said the administration’s sudden reversal on this sensitive social welfare issue was itself an admission of guilt over the hardship Nigerians have endured. It also exposed the weakness of the government’s repeated claims that meaningful relief was impossible.

“This volte-face proves that the production-support proposal I have advanced is workable, achievable and not complicated. The Tinubu government and its spin doctors have tried to make it sound impossible, yet they are now reaching for a temporary subsidy-style intervention because the pain has become impossible to ignore.

“Nigerians need lasting relief, not a countdown to the return of hardship. Tinubu’s government cannot spend years telling Nigerians to endure, then offer 30 days of relief and call it a solution,” he said.

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