Petrol may sell for N800/litre when subsidy is removed - Marketers - Newstrends
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Petrol may sell for N800/litre when subsidy is removed – Marketers

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As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that the cost of the commodity would cross N800/litre once subsidy on PMS is removed.

Industry operators had repeatedly stated that the high cost of subsidy on petrol was a burden on the Nigerian National Petroleum Company Limited and was contributory to the prolonged crisis in the downstream oil sector. NNPC is the sole importer of petrol into Nigeria.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, recently suggested that the government should gradually withdraw subsidy on PMS, stressing that the budgetary allocation for subsidy would end in June.

But oil marketers told our correspondent that while it could be advisable to remove subsidy, Nigerians should know that the cost of petrol could cross N800/litre once the commodity was no longer subsidised.

They urged the Federal Government to ensure that all the necessary measures and infrastructure to ensure a less stressful subsidy removal regime were put in place before implementing the decision.

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“If the government fails to take the appropriate measures, and they say they want to remove fuel subsidy, the situation will be worse than this, the masses will suffer. How can you remove subsidy and you don’t have this product (petrol),” the Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, stated.

He added, “If the government removes subsidy, where is the product? If you are removing subsidy, maybe by that time, the way diesel is sold at between N800 – N900/litre, we could be buying petrol at N800/litre, if not more than that.

“This is because the product will be scarce, even from the government cycle. So the government should tell Nigerians the truth about this fuel supply crisis. It is not a problem caused by marketers.”

Shuaibu said oil marketers were ready to sell, stressing that when marketers got products a few weeks ago, the queues disappeared.

“But as it is today, you have black marketers everywhere selling with jerrycans and you will ask, where are the security agencies and the regulators?” he asked.

The IPMAN official added, “By tomorrow they will claim that it is the fault of the marketers. How? We are businessmen and every businessman wants to make a profit. You know the law of supply and demand. When the product is scarce, prices will rise, and vice versa.”

He explained that the downstream sector was not structured for adequate competition, adding that this could also pose challenges when subsidy was eventually removed.

He said, “By the time you are removing subsidy, you should know that the market is not properly opened and there is no competition. They always tell you about Dangote Refinery. We must understand that Dangote is a privately owned company.

“The pipelines of that facility were not even designed to run in any Nigerian state, rather it was designed to run to neighbouring countries, and maybe that one in Lekki there, that is all.

“So, more or less, that refinery might still exploit us, because when there is no competition, the only supplier calls the shots. For had it been that as Dangote is producing in Lagos, another person is producing in Warri, while one refinery is pumping in Abuja, then there will be competition.”

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He continued, “We can see, for instance, the competition in the telecommunications sector today. But the government will continue to deceive us that Dangote Refinery will come on stream, when we know that it cannot really solve the problem.”

He argued that most of the pipes of the refinery were laid to neighbouring countries to supply them gas, stressing that Nigeria should not completely rely on the facility.

“They should not continue to be singing it as if it is what will solve our fuel supply problems,” the IPMAN official stated.

Motorists lambast APC

Meanwhile, the scarcity and hike in the price of Premium Motor Spirit, otherwise known as petrol, has generated an outcry from users of the commodity, especially motorists, who have directed their anger at the ruling All Progressives Congress.

The commodity, which has an official price of N185, is being sold at higher prices by filling stations across the country.

This is in addition to the long queues of vehicles that often add to the woes of Nigerians due to the traffic they cause when they spill into main roads.

According to one Instagram user, @paschal_dheyvid, who bought the commodity at N200 per litre, he had to pay N1, 000 to gain entrance into the filling station and still had to join a long queue.

The same situation was experienced by a Twitter user, @thatboyyouhate, who said, “I was at a filling station this morning and they had to take N1, 000 from me for my 25-litre keg.”

An Instagram user, @charlessoronnadimotors, said he bought the commodity at “N420 per litre here in Aboh Mbaise, Imo State.”

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Twitter user, @supapraise, lamented the long hours he spent in the queue at a Nigerian National Petroleum Corporation filling station in Port Harcourt before he could buy the commodity.

He wrote, “I spent 11hrs (5am to join an already long queue. I left at 4pm) at the NNPC filling station in PH. I bought for N189. That morning, it was N179. They paused selling and adjusted the metre to the new price of N189. Paused selling again to maintain their generator since there was no NEPA electricity.”

Expressing anger at the APC which is seeking to remain in power in 2023, one @RexAgu1 said, “N360 per litre. APC has failed the unborn kids. They have removed subsidy without letting Nigerians know.”

On his part, one @King_Olivertwit sarcastically said, “APC supporters are buying it for N50/L while others are buying it for N350 to as much as N500 per litre.”

One Pascal Nwankwo, @pascalnwankwo7, blamed the situation on the APC, adding, “…and some misguided fellows are still campaigning for the APC.”

On Instagram, one @malaro44 laid curses on those still working to ensure that the APC retained the Presidency after the end of the regime of the President, Major General Muhammadu Buhari (retd.). He said, “People voting APC, may everything about APC never depart from your household… the suffering, the hardship, the kidnapping and insecurity.”

Efforts to get the reaction of the National Publicity Secretary of the APC, Felix Morka, proved abortive as his phone number was busy and he didn’t respond to the text message sent to him by our correspondent.

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Peller, Jarvis’ Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

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Peller, Jarvis' Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

Peller, Jarvis’ Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

  • Nigeria’s favourite TikTok couple, Habeeb “Peller” Hamzat and Elizabeth “Jarvis” Amadou, have officially tied the knot in a spectacular Lagos ceremony that blended celebrity glamour, jaw-dropping generosity, and digital-age storytelling. The #JP2026 wedding has become one of the most talked-about entertainment events of the year.

Peller and Jarvis have built their relationship in the public eye, sharing their journey through livestreams, collaborative content, and regular appearances that endeared them to millions of followers. Their wedding was the culmination of a series of pre-wedding celebrations that began with a romantic proposal at the La Palm Royal Beach Hotel in Ghana in June 2026. The couple then honoured their cultural roots with a traditional marriage ceremony in Benin City, followed by a civil wedding in Lagos on July 29. Saturday’s grand white wedding brought together family, friends, and fans to witness the union of two of Nigeria’s most influential digital creators. The bride and groom dazzled in their wedding attire, with Peller donning an elaborate Edo-inspired outfit that paid homage to his heritage, while Jarvis complemented him in a breathtaking bridal ensemble that quickly became the talk of social media.

One of the most remarkable aspects of the #JP2026 celebration was the extraordinary generosity shown by well-wishers, with gifts arriving even before the wedding day. Ahead of the ceremony, businessman and socialite Pascal Okechukwu, popularly known as Cubana Chief Priest, donated N10 million in support of the wedding. His contribution set the tone for the lavish celebrations to come. American entrepreneur and renowned TikTok benefactor Gregory Pizarro Jr. made the journey to Lagos specifically for the occasion. During a meeting with Peller at his hotel, he presented the groom with a cash gift of $20,000, demonstrating the global reach of the couple’s influence. Chief Executive Officer of Promiseland Estate, Lawrence Emmanuel, gifted the couple a plot of land in Abuja valued at N150 million, providing them with a valuable asset in the nation’s capital.

However, the biggest surprise of the day came during the wedding reception when real estate entrepreneur King Ochacho, speaking on behalf of his family, announced the gift of a fully furnished luxury mansion in the upscale Life Camp district of Abuja. The property is reportedly valued at an astonishing N400 million. Presenting the gift, King Ochacho explained his motivation: “I and my family left everything we are doing in Abuja just to come through for Peller because he is an inspiration to this generation.” He added that after consultations with his sons, they decided, “We want Peller to be staying close to Palace Seven,” noting that houses in that area are worth no less than N400 million.

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The ceremony attracted a who’s who of Nigeria’s entertainment and social media scene. The extensive guest list read like a roll call of the nation’s most influential personalities. The film industry was well represented by Iyabo Ojo, Eniola Badmus, Moyo Lawal, Jigan Baba Oja, and Foluke Daramola, adding their star power to the celebration. The music industry showed up in full force with Zinoleesky, Seun Kuti, Femi Kuti, Tanzanian singer Juma Jux, and Fuji musician Sule Alao Malaika, who kept guests entertained with electrifying performances. The digital space was represented by Nons Miraj, Papaya Ex, Cute Abiola, Isbae U, Aunty Ramota, Geh Geh, and countless others who have built their careers alongside Peller and Jarvis. Cubana Chief Priest, Daddy Freeze, Pretty Mike, and Soso Soberekon were among the distinguished guests, along with Gregory Pizarro Jr., who made the trip from the United States specifically for the wedding.

Staying true to their reputation as digital content creators, Peller and Jarvis made history by streaming the wedding live across YouTube and Twitch. The livestream attracted over 50,000 virtual guests, who flooded the comment sections with well wishes from every corner of the globe. The decision to broadcast such an intimate moment demonstrated the couple’s commitment to their fans and their understanding of modern celebrity culture. Viewers from North America, Europe, Africa, and Asia tuned in to witness the event in real-time.

The wedding venue was nothing short of spectacular, featuring luxury automobiles on display that showcased the couple’s taste for fine things, coordinated aso-ebi attire that created a visually stunning sea of colours, a competition with a reported N5 million prize for the best-dressed attendee, and live Fuji music performances by Sule Alao Malaika that kept the energy high throughout the celebration.

One of the most talked-about moments of the wedding was the appearance of content creator Emmanuel Obruste, better known as GehGeh, as one of Peller’s groomsmen. GehGeh made a grand entrance in a Mercedes-Benz G-Wagon, and videos of him dancing with the other groomsmen quickly went viral across social media platforms. His enthusiastic participation surprised many because he had previously been a vocal critic of Peller’s decision to marry. In a past interview, GehGeh argued that financial success was not the sole basis for marriage, stressing that Peller was “still growing as a child” and needed to be ready “mentally, physically, emotionally, and spiritually.” The irony of his role at the ceremony sparked mixed reactions online, with some praising him for supporting his friend despite their differences, while others questioned his previous stance. Regardless, his presence added another layer of intrigue to the high-profile event.

The Peller and Jarvis wedding represents more than just a celebrity union; it signals the mainstream acceptance of digital creators as cultural icons. A generation ago, social media influencers were dismissed as passing fads, but the #JP2026 celebration demonstrates that content creators now command the same respect, influence, and wealth as traditional celebrities. The sheer value of the gifts received—totalling hundreds of millions of naira—reflects the economic power of the creator economy and the willingness of business leaders to align themselves with digital influencers.

The wedding generated massive engagement across digital platforms, with the hashtag #JP2026 trending on multiple social media networks. Fans expressed their joy, congratulations, and even envy at the couple’s good fortune. Many commentators noted that Peller and Jarvis have achieved in a short time what takes others decades, while others praised them for staying grounded despite their success. The couple has promised to continue sharing their journey with fans, hinting at future content that will document their married life.

As Nigeria’s most talked-about celebrity couple begins their new chapter, fans are eager to see what comes next. Will they expand their content empire? Will they venture into other business pursuits? One thing is certain: Peller and Jarvis have proven that with talent, dedication, and the right connections, the digital world can open doors to unimaginable success. The #JP2026 wedding has set a new standard for celebrity weddings in Nigeria, blending traditional values, modern influence, and extraordinary generosity into an event that will be remembered for years to come.

 

Peller, Jarvis’ Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

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Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

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Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

Troops of the Nigerian Army have arrested three suspects allegedly linked to the killing of a soldier during a deadly ambush in Imo State and recovered several weapons, including military rifles believed to have been stolen during the attack.

The arrests followed months of intelligence-led investigations and coordinated operations conducted by troops of the 34 Artillery Brigade under Operation UDO KA (OPUK) across Rivers, Delta and Imo states.

The operation was launched after an ambush on May 4, 2026, in which one soldier was killed, another sustained injuries and service weapons were reportedly taken away by the attackers.

Security sources said sustained intelligence gathering, targeted raids and the interrogation of previously arrested suspects provided information that helped investigators identify three men believed to be key suspects in the attack.

The suspects were identified as Albert Tony, popularly known as “Chiboy”; Temple Eburua, also known as “Marathon”; and Vitalis Eburua, alias “Onowu.”

Investigators reportedly established that the suspects fled to Port Harcourt, Rivers State, after the attack before relocating to Oleh in Isoko South Local Government Area of Delta State with the assistance of an associate identified as Mr Abire.

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Troops reportedly arrested Abire in Port Harcourt on July 30. During questioning, he allegedly provided intelligence that led security operatives to the suspected hideout of the three men in Delta State.

Acting on the information, troops of the 34 Artillery Brigade moved into Delta State in the early hours of July 31 and worked with personnel of the 181 Battalion to conduct a coordinated raid at Opaebe in Oleh.

The operation led to the arrest of the three suspects, who were taken into military custody for further investigation.

Following their arrest, the suspects allegedly led troops to a hideout in Ohaji/Egbema Local Government Area of Imo State, where weapons believed to have been stolen during the May ambush were concealed.

Further intelligence-led operations reportedly led security personnel to another suspected camp at Umudike Plantation, where additional weapons, ammunition and other materials were recovered.

Items recovered during the operation included one AK-47 rifle, two AK-47 magazines, one FN rifle and two FN rifle magazines believed to have been taken from the soldiers during the ambush.

Troops also recovered three additional AK-47 rifles, nine AK-47 magazines, one pistol with its magazine, 194 rounds of 7.62mm Special ammunition, 45 rounds of 7.62mm NATO ammunition and a fragmentation jacket.

Other materials suspected to be connected to the activities of the criminal network were also seized during the operation.

The three suspects are currently being held by the 34 Artillery Brigade for further interrogation as investigators work to identify other individuals who may be connected to the attack and determine the full scope of the group’s activities.

Military sources described the arrests and recovery of the weapons as a significant breakthrough in ongoing efforts to identify and dismantle criminal networks responsible for attacks on security personnel.

The recovery of the suspected stolen service weapons is expected to support ongoing investigations into the May ambush and help security agencies trace other individuals who may have played a role in the attack.

The operation also reflects the continued use of intelligence gathering and coordinated security operations to disrupt armed groups, recover illegal weapons and improve security across Imo State and neighbouring areas.

Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

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Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

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Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

A joint military task force has rescued a senior Nigerian Army officer, Lt. Col. Ofor Amobi, and a civilian, Mr Ikechukwu Onwuanra, following a 10-day intelligence-led search-and-rescue operation across forests and neighbouring communities in Enugu State.

The rescue operation was conducted by troops under Sector 1 of Operation UDO KA, involving personnel from the 82 Division Garrison, 103 Battalion (Reinforced), the Nigerian Navy Special Boat Service and the 197 Special Forces Battalion.

The joint operation was led by the Commander of the 82 Division Garrison, with support from the Air Component, which provided surveillance and helped sustain pressure on suspected criminal hideouts.

Security sources said the troops carried out extensive search operations across the Inyi, Awlaw and Akpugo-Eze forests, as well as nearby communities in Oji River Local Government Area of Enugu State.

The operation reportedly intensified between the evening of July 31 and the early hours of August 1 after security personnel received actionable intelligence concerning the possible location of the abducted victims.

At about 2:00 a.m., the Divisional Police Officer of the Inyi Division alerted the troops to information pointing to the suspected location of Lt. Col. Amobi and Onwuanra.

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The troops immediately mobilised and launched a fighting patrol into the area, where the two victims were found abandoned at the edge of a forest in Inyi.

Reports indicated that both victims sustained gunshot wounds during their captivity. They were safely evacuated from the area and taken to Inyi before being transferred to the 82 Division Medical Hospital for treatment and comprehensive medical evaluation.

During preliminary debriefing, the victims reportedly told security personnel that they were blindfolded shortly after their abduction and taken to an unknown location.

They were later abandoned in a forest around the Enugu–Anambra border as sustained military operations restricted the movement of their captors and placed them under increasing operational pressure.

Military sources attributed the successful rescue to the persistent intelligence-led offensive mounted by the joint force, supported by aerial surveillance and coordinated ground operations.

The sustained pressure reportedly disrupted the kidnappers’ activities, limited their freedom of movement and forced them to abandon the victims before fleeing the area.

The rescue highlights the continued use of coordinated intelligence gathering, aerial surveillance and joint security operations in efforts to tackle kidnapping and other criminal activities across parts of the South-East.

The military is expected to provide further information as follow-up operations and security assessments continue.

Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

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