There are strong indications that the pump price per litre of petrol will rise again. President Goodluck Jonathan says that there will be increase in the price, but he will first "discuss" with the public on the easiest way to do it.
It would be recalled that on New Year's Day in 2012, the President greeted Nigerians with the shock increase in petroleum products, as he attempted to scrap so-called oil subsidies. This lead to a nationwide strike and street protests that almost toppled the government.
He solved the problem by partially revoking the effort. He raised the price to N97 from N65 per litre of petrol.
Speaking at a press conference in Lagos, President Jonathan said: "We cannot continue to waste resources meant for a greater number of Nigerians to subsidize the affluent middle class, who are the main beneficiaries."
He did not make any reference to the mammoth corruption and manipulation of the oil sector. Also the President has so far failed to implement the report of the Nuhu Ribadu-led Petroleum Revenue Special Task Force which last year made important recommendations on how to correct problems in the sector.
Meanwhile members of Occupy Nigeria have told Sahara Reporters they will be ready for the President if he gives them the opportunity to again unite Nigerians in street demonstrations.
"We promise never again to be deceived or derailed by organized labour or any pro-government group which may want to sell out," one organizer said.
Source: Sahara Reporters
An Improvised Explosive Device, IED, suspected to have been planted by the dreaded sect, Boko Haram has torn a JTF vehicle apart killing six and injuring two JTF personnel, eye witness who did not want his name to be mentioned told DailyPost in Maiduguri, the Borno State capital.
The explosion which happened around 11.47am at the UBA bank roundabout, in the Post Office area came barely 24 hours after suspected gunmen attacked three schools within the metropolis killing some teachers, including female teachers and pupils.
Eye witness who gave an account of the explosion told DailyPost correspondent that he was about going into the Union Bank for a transaction when he heard the heavy explosion only to turn towards the direction of the explosion and saw that the soldiers' Hilux vehicle, which was coming behind has been torn apart by the heavy explosion.
"I couldn't go into the bank again as I ran to go and meet my wife in the shop. I actually passed the military vehicle when I was going to the bank. There were four soldiers at the back, two in the passengers cabin, including the driver with another in the front.
"It was horrendous as bodies were littered on the ground. People who were close at vintage positions said only two out of the eight in the vehicle seemed alive."
Another eye witness told our correspondent that, even though, he did not see any civilian killed when the soldiers arrived at the scene of the incident, the gunfire they came with may have hit some civilians around.
"As I am talking to you now, I am in one of the shops at Ramat Shopping Complex. You can hear the gunshots, the soldiers are already there, it is not good at all," he said.
JTF spokesman, Lieutenant Colonel. Sagir Musa could not be reached as at the time of this report, and the police is yet to confirm the incident, as calls put across to the Commissioner of Police, Yuguda Abdullahi could not be reached.
Source: The Punch