LIST OF REASONS

Eyewitnesses Explain that the catastrophic tanker explosion that claimed over 70 lives at Dikko Junction in Niger State occurred primarily due to the dangerous practice of fuel scooping and inadequate emergency response.  Eyewitnesses reported that moments after a speeding petroleum tanker crashed along the busy expressway between Niger and Kaduna states, residents and passers-by rushed to collect the fuel spilling from the fallen vehicle. Their actions, driven by economic desperation and ignorance of safety risks, tragically culminated in a massive fireball that engulfed the area, leaving scores dead and many more severely injured. The tanker, laden with highly flammable petrol, toppled in the early hours of Saturday morning, spilling its contents across the road. According to Ibrahim Suleiman, a resident of the area, chaos erupted as people gathered around the tanker without any form of traffic control or warning from uniformed personnel. He recounted witnessing people scram...

Oil and Gas Experts state that the sharp rise in the price of petrol in Nigeria after the holiday period was primarily because of the increase in the cost of crude oil and adjustments made by the Dangote Petroleum Refinery. According to the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), crude oil prices, which serve as the major determinant of fuel production costs, have been on an upward trajectory, leading to inevitable consequences for domestic fuel prices. Festus Osifo, the National President of PENGASSAN, emphasized that the lack of improvements in foreign exchange rates compounds this issue, as the cost of importing and refining fuel also rises in line with global crude prices. The recent surge in pump prices has caught the attention of the general public and industry stakeholders alike. Petrol now retails between N1,050 and N1,150 per litre, depending on the region, a significant jump from the prices seen just a few weeks ago. This adjus...