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Good morning! Nigerian Newspapers  Headlines: Dangote faces price war as NNPC backs fuel imports

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1. The Nigerian National Petroleum Company Limited has told the Federal High Court sitting in Lagos that petroleum products from the Dangote Petroleum Refinery and Petrochemicals FZE are sold at “significantly high and fluctuating market prices”, warning that granting the refinery’s requests could hand it monopoly control of Nigeria’s downstream petroleum sector.

The national oil company stated this in a counter-affidavit in opposition to Dangote refinery’s originating summons in Suit No: FHC/L/CS/857/2026 before the Federal High Court, Lagos Judicial Division.



2. The Independent National Electoral Commission, INEC, has appealed the judgment of a Federal High Court in Abuja, which nullified its revised timetable and schedule of activities for the 2027 general elections. INEC on Monday filed a notice of appeal and a motion for stay of execution of the judgment delivered by Justice Mohammed Umar.

3. A Federal High Court sitting in Abuja will today, May 26, 2026, deliver its judgment in a suit seeking the disqualification of a former President, Goodluck Jonathan, from the 2027 presidential race. Justice Peter Lifu will also give a definitive ruling on whether the former president can still take the oath of office after he had done so twice before leaving office in 2015.

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4. The Nigerian military has raised the alarm over possible terror attacks by Boko Haram and ISWAP at densely populated locations across the North-East during the forthcoming Eid-el-Kabir celebration. The spokesman of the Headquarters Joint Task Force (North-East), Operation HADIN KAI (OPHK), Lt. Col. Sani Uba, gave the warning in a statement issued to journalists in Maiduguri on Monday.

5. The price of Liquefied Petroleum Gas (cooking gas) is inching closer to N2,000 per kilogramme in different locations as Muslims prepare for the 2026 Eid-el-Kabir celebrations. The Federal Government has declared Wednesday, May 27, and Thursday, May 28, 2026, as public holidays to mark the Sallah festivities

6. The Federal Government has declared Wednesday, 27th May and Thursday, 28th May 2026 as public holidays to mark the celebration of Eid-ul-Adha. The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, in a statement signed by Dr Magdalene Ajani, Permanent Secretary of the ministry, on Monday.

7. An Abuja High Court on Monday granted bail to a former Chairman of the Board of Directors of Skye Bank Plc, Tunde Ayeni, in the sum of N200 million over an alleged N15.7 billion fraud suit instituted by the Economic and Financial Crimes Commission( EFCC) . Ayeni is facing a 17-count charge bordering on alleged fraud amounting to N15.6 billion. He pleaded not guilty when the charges were read before the court


See also  Why we reduced petrol price – Dangote

8. Suspected bandits on Monday launched a coordinated midnight attack on the Yashikira community in the Baruten Local Government Area of Kwara State, burning a section of the emir’s palace and abducting three wives and four children of the traditional ruler, Alhaji Umar Seriki. It was gathered that heavily armed men storm the border town in large numbers, firing sporadically into the air before advancing directly toward the palace and nearby police formation.

9. The Ghana Police Service has arrested eight Nigerians alongside 66 other suspects during a series of intelligence-led anti-narcotics and crime suppression operations in the Upper East Region of the country. It was learnt from a statement on Monday by the GPS that the operations targeted narcotics peddling, violent crimes, and other criminal activities within border communities and identified criminal hotspots.

10. Minister of the Federal Capital Territory, FCT, Nyesom Wike, said he was not surprised by the withdrawal of Siminalayi Fubara, Rivers State governor, from the All Progressives Congress,  governorship primary election. Speaking on Monday after inspecting infrastructural projects in Abuja, Wike said Kingsley Chinda, the APC candidate has the legislative and executive experience to govern the south-south state.

See also  BREAKING: Aiyedatiwa presides over Ondo excos’ meeting

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Good morning! Nigerian Newspapers Headlines: Obi campaign: OK Movement tackles NDC, Obidients

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1. A fresh disagreement has emerged within the political groups backing Peter Obi’s 2027 presidential ambition, as the United Kingdom Coordinator of the OK Movement, Adebayo Brown, accused leaders of the Nigeria Democratic Congress Presidential Campaign Council and the Obidient Movement of fuelling divisions among supporters.

The accusation followed a disagreement over claims that Obi, the NDC presidential candidate, and his running mate, Rabiu Kwankwaso, had dissociated themselves from the OK Movement.

2. Southwest All Progressives Congress (APC) leaders yesterday resolved to mobilise the six states to give an overwhelming number of votes to President Bola Ahmed Tinubu in the January 16  election. The leaders, who met in Lagos, decided to work assiduously to deliver votes that will surpass what the President got in the 2023 election i

3. The Economic and Financial Crimes Commission has uncovered an illegal oil refinery allegedly operated by Chinese nationals in the Ogere area of Ogun State. The commission said the facility was discovered on Saturday, October 31, 2026, by operatives of its Lagos Zonal Directorate 2 following intelligence and surveillance on the activities of illegal sludge oil refiners.

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4. The National Youth Service Corps has identified four irregularities in a certificate linked to former Minister of Innovation, Science and Technology, Uche Nnaji, insisting that the document was not issued by the corps. An Assistant Director in the NYSC Department of Certification, Yusuf Jumare, disclosed this on Tuesday while testifying as the second prosecution witness in the alleged certificate forgery and money laundering case against Nnaji before the Federal High Court in Abuja.

5. The National Assembly is set to transmit the proposed State Police Bill to President Bola Tinubu for assent after completing the authentication of approvals secured from 28 state Houses of Assembly. The Clerk to the National Assembly, Kamoru Ogunlana, disclosed this in a statement on Tuesday, confirming that the number of state legislatures that had approved the proposed constitutional amendment exceeded the constitutionally required threshold of 24 states.

6. The Ondo State Police Command has uncovered a suspected counterfeit currency production site in Odigbo Local Government Area of the state, arresting one suspect and recovering three bags of suspected fake United States dollar notes. The command said the operation took place on October 29 at Kiniso Village, via Ajue, following investigations into a complaint by a man who allegedly received counterfeit dollars from two men during a currency exchange transaction.

See also  Petrol, diesel prices may not drop despite Dangote refinery — Experts

7. The Department of State Services, DSS, has dismissed allegations by former Vice President and African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, that it is organising protests to disrupt political activities in Sokoto State. The Service said its operatives had been providing security protection to political candidates across party lines, citing the evacuation of the ADC governorship candidate in Sokoto State, Mannir Daniya, during an attack on October 31, 2026.

8. The African Democratic Congress has kept the venue of its presidential campaign rally in Sokoto State secret ahead of Wednesday’s kickoff, citing security concerns amid allegations of attempts to disrupt the event. The party said it was taking precautionary measures to avoid being caught unawares, following reports of a possible plot to frustrate the rally scheduled for November 4.

9. The Lagos State Police Command has uncovered a suspected high-tech indoor cannabis farm at a residential property in Apapa, Lagos State, arresting a Polish national and a Nigerian in connection with the discovery. It was learnt that the suspects were identified as Thomas Razvickas, 49, a Polish national, and James Chisome, 36, a Nigerian. Both reportedly reside at the property where the facility was discovered.

See also  Dangote refinery reduces petrol price to N890 per litre

10. The Director-General of the Department of State Services, DSS, Oluwatosin Adeola Ajayi has set free and approved an initial payment of N20 million to four suspects, out of which each suspect is to receive five million Naira as compensation after being cleared of alleged membership of the proscribed Indigenous People of Biafra, IPOB.

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Tinubu deserves credit for bringing Nigeria back from the brink, says Emir Sanusi 

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The Emir of Kano, Muhammadu Sanusi II, has said that President Bola Tinubu deserves credit for bringing Nigeria’s economy back from the brink, citing improvements in economic growth, inflation, foreign reserves, and export diversification.

Emir Sanusi, who gave the commendation while speaking on Tuesday at the Oxford Global Think Tank conference convened by Arunma Oteh, said the country is beginning to lay the foundations for economic stability, although significant challenges remain.

“I’m not a fan of politicians, but we need to give credit to President Tinubu’s administration for bringing us back from the brink,” he said.

Sanusi, a former Central Bank of Nigeria (CBN) governor, said the economy grew by 4.48 percent in the second quarter (Q2) of 2026, describing the performance as progress compared with the average growth recorded during the administration of former President Muhammadu Buhari.

“GDP in Q2 2026 was at 4.48 percent. It’s not as high as it was under the Yar’Adua/Jonathan government, but during the Buhari years, the economy grew by 0.9 percent. Today it’s at 4.5 percent. That’s progress,” he said.

See also  Bandits abduct five people in Sokoto community, demand N500,000

Sanusi also noted the decline in inflation from about 30 percent to 14.6 percent, adding that it was projected to fall to 12.5 percent by the end of the year.

He said Nigeria’s gross domestic product (GDP) per capita, measured in dollar terms, had increased by 47 percent since 2023.

According to the emir, “If we continue at this rate, by the end of next year, GDP per capita will be back to where it was in 2005”.

He also cited the country’s foreign reserves, which he put at $55 billion, but cautioned that a significant portion of the inflows was driven by foreign portfolio investments (FPI), which are volatile.

He attributed the continued inflows partly to high oil prices amid the war in the Strait of Hormuz and the attractive returns available to investors in Nigeria.

“Our reserves are at $55 billion, and yes, a lot of it is driven by portfolio flows, which are volatile,” he said.

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He said high oil prices and returns on Nigerian investments have encouraged foreign investors to maintain their exposure to the country.

On diversification, Sanusi said “20 percent of Nigeria’s exports were coming from the Dangote refinery”, describing the development as evidence of progress beyond the country’s traditional export sources.

“There are clearly foundations being laid for stability. It’s not the end, but the first step towards stability,” he said.

The emir, however, criticised the Tinubu administration’s communication of its economic policies, saying the government appeared to interpret criticism and suggestions as attacks.

“This government doesn’t express itself properly. It sees every suggestion and contribution it does not like as an attack, and it doesn’t have good spokespersons,” he said.

Despite his reservations about the government’s communication, Sanusi said the administration deserved recognition for the economic gains recorded so far.

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EFCC uncovers illegal oil refinery in Ogun

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The Economic and Financial Crimes Commission (EFCC) says its operatives have uncovered an illegal oil refinery operated by Chinese nationals in the Ogere area of Ogun State.

According to a statement issued on Tuesday by the EFCC’s spokesperson, Dele Oyewale, the facility was discovered on Saturday, October 31, 2026, by operatives of its Lagos Zonal Directorate 2 following intelligence gathering and surveillance of the activities of illegal sludge oil refiners.

Oyewale said the facility was deserted when operatives stormed the premises, following an earlier crackdown on four illegal lithium processing plants in the area.

The operatives discovered waste products from the refining process and underground tanks suspected to have been used for heating and processing sludge oil.

According to the statement, “The Economic and Financial Crimes Commission uncovered an illegal oil refinery operated by Chinese in the Ogere area of Ogun State.

“The operation, conducted on Saturday, October 31, 2026, by operatives of the Lagos Zonal Directorate 2 of the EFCC, followed credible intelligence and surveillance by the Commission on the activities of the illegal sludge oil refiners.

See also  Petrol, diesel prices may not drop despite Dangote refinery — Experts

“The refinery was found deserted when EFCC operatives stormed the premises, following the Commission’s earlier clampdown on four illegal lithium processing plants in the area. However, waste products from the refining process were discovered at the location.”

Oyewale said operatives also discovered underground tanks believed to have been used for heating and processing sludge oil.

“Two of the underground tanks inspected contained substances suspected to be Automotive Gas Oil (AGO), otherwise known as diesel.

“Preliminary investigations revealed that the operators sourced sludge oil, also known as black sludge, from Warri, Delta State, and Port Harcourt, Rivers State, and transported it to the illegal facility in Ogere for processing,” Oyewale added.

He said the operators subjected the sludge oil to intense heat, allowing lighter petroleum components to pass through chambers and filters in a process believed to produce diesel for sale in the Nigerian market.

“Personnel at the facility told EFCC operatives that the Chinese operators never disclosed their identities nor the name of the company behind the facility.

See also  Appeal court judge Ayobode Lokulo-Sodipe slumps, dies in Akure

“Consequently, operatives of the Lagos Zonal Directorate 2 of the EFCC have since taken over the premises as investigations continue to establish the identities of the operators, the ownership of the facility and the full extent of the suspected illegal activities and economic sabotage,” he added.

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