Fuel Hits ₦1,300 as Dangote Hikes Prices Amid Global War

NMDPRA: Fuel Price Volatility Caused by Global Market Shocks

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has attributed the latest surge in fuel pump prices to the “vagaries of market forces” following the escalation of the US-Israel-Iran war. NMDPRA spokesperson George Ene-Ita stated on Sunday that under the current deregulated regime, the government no longer dictates prices. Instead, local costs are directly…

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FG Axes Carter Bridge, Approves Six Federal Roads

Infrastrcuture: FG Condemns Carter Bridge, Approves Six Federal Roads

The Federal Government will demolish and replace Lagos’s iconic Carter Bridge after technical audits confirmed the structure is beyond repair. The Federal Executive Council (FEC) approved the decision on Wednesday as part of a broader ₦1.2 trillion infrastructure funding. Advanced Engineering Consultants secured the ₦5.6bn contract to design the replacement. This marks the end of…

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