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Nigeria’s capital is once again under scrutiny after a building collapse in Abuja triggered swift action from Nyesom Wike. In the immediate aftermath, authorities ordered arrests and revoked the land allocation tied to the site, signaling a tougher stance on negligence and regulatory breaches.
Dangote Refinery Holds Petrol Price at ₦1,200 Amid Global Oil Volatility
The Dangote Refinery has maintained its petrol price at ₦1,200 per litre despite ongoing volatility in global oil markets. The decision reflects a deliberate pricing strategy aimed at stabilising supply costs within Nigeria’s deregulated downstream petroleum sector, even as international crude prices remain uncertain.
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Ogun State Reaffirms Full Ownership of Gateway Air Amid Private Control Allegations
The Ogun State Government has reaffirmed its full ownership of Gateway Air, dismissing recent claims that the airline is under private control. Officials stated that the carrier remains a state-owned asset, with any private sector involvement limited to structured partnerships rather than equity transfer. The clarification addresses growing public and investor concerns about governance, transparency, and asset control in Nigeria’s subnational aviation sector.
Wike Orders Arrest After Abuja Building Collapse, Revokes Land Allocation
Nyesom Wike, has ordered the arrest and prosecution of a developer following the collapse of a two-storey building under construction in Jikwoyi, Abuja. The minister also directed the immediate revocation of the land allocation tied to the property, citing regulatory violations and failure to obtain official approval.
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Rainstorm Damages Abuja Bus Terminal Months After Commissioning
A newly commissioned bus terminal in Abuja has sustained significant damage following a heavy rainstorm, disrupting transport operations and triggering widespread traffic congestion. The incident occurred just months after the facility was opened for public use, raising concerns about infrastructure durability and project execution standards.
NNPC Launches Cawthorne Crude Exports with 950,000-Barrel Shipment to Europe
The Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced exports of a new crude oil grade, Cawthorne, with an initial shipment of approximately 950,000 barrels to Europe. The cargo, loaded on April 5, 2026, and destined for the Netherlands, marks a significant step in Nigeria’s strategy to increase crude production and diversify its export portfolio.
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