The Academic Staff Union of Universities (ASUU) has denied claims by the Federal Government that it released ₦50 billion as part of the university revitalisation fund.
According to ASUU, the report is fake news.
The Academic Staff Union of Universities (ASUU) has denied claims by the Federal Government that it released ₦50 billion as part of the university revitalisation fund.
According to ASUU, the report is fake news.
Filling stations across Nigeria have reduced the pump price of premium motor spirit following a further drop in the landing cost of petrol below Dangote Refinery’s ex-depot price.
According to Daily Post, it was gathered on Wednesday that NIPCO, AA Rano, Eterna, and Empire Energy filling stations across locations in Abuja have reduced their fuel pump price.
NIPCO and AA Rano dropped their fuel price to N940 per litre, down from between N950 and N955.
Similarly, Eterna and Empire Energy retail outlets dispense at N945 and 955 from N955 and N959, respectively.
This means that the filling stations in Abuja reduced their petrol pump prices between N4 and N10 per litre.
It was earlier reported that NNPCL retail outlets in Abuja adjusted their pump price downward to N945 per litre, up from N955.
Meanwhile, at other filling stations, including MRS (Dangote Petrol) and Ranoil, retail petrol prices have remained unchanged at N950 and N955 per litre, respectively, as of Thursday morning.
“We may reduce our price in the evening or so, but at the moment we still dispense fuel at N950 per litre,” an MRS filling station manager in Abuja told DAILY POST in anonymity.
This comes days after energy prices data released on November 3, 2025, by the Major Energy Marketers Association of Nigeria showed that the price of the landing cost of petrol dropped N827.04 per litre.
This is a drop from N829.77 recorded at the end of last month.
Checks on petrol ex-depot prices showed that Dangote Refinery stood at N872, Pinnacle (N872), NIPCO (N870), BOVAS (N870), Aiteo (N870), and AA Rano (N870). This made Dangote Refinery’s N2 more expensive than depot owners such as NIPCO, AA Rano, and BOVAS, according to Petroleumpricing.
Also, the petrol landing cost at N827.04 per litre is N44.96 cheaper than Dangote Refinery’s ex-depot price for petrol, which stood at N872 per litre.
This comes as President Bola Ahmed Tinubu announced that he has given approval to a 15 per cent import duty tax on petrol and diesel to encourage Dangote Refinery.
The decision by marketers and stakeholders confirmed it would increase imported fuel prices when implemented in the coming days.
Nobel laureate, Prof. Wole Soyinka, has said he predicted mass revocation of visas and green cards by the United States Government.
In an interview published by BBC News Pidgin on Facebook on Wednesday, the world-acclaimed writer, whose visa was recently revoked by the US, said he knew that once Donald Trump got into office as President, “the first thing he will do is cancel even the green cards.”
Soyinka said, “This is a petty-minded dictator, you see how he deals with his objects of hate. We saw that dark side of the American side. There were more killings, extrajudicial killings by the police of black people, of minorities, during that build-up, during the campaign, and on account of hate rhetoric, the hate rhetoric of this individual.
“I saw it and I said, listen very carefully — and you can go and check this –I said, ‘When that man comes to power, the first thing he will do is cancel even the green cards’.”
Soyinka’s comment comes amid diplomatic tension between Nigeria and the US after Trump at the weekend designated Nigeria a “Country of Particular Concern,” citing alleged Christian genocide in the country.
Trump, in a series of X posts, also warned that if the Nigerian government fails to stop killings, the US would intervene militarity, coming into Nigeria ‘gun-ablazing’, a comment that has generated widespread panic and pushback both locally and internationally.
Soyinka, a vocal critic of Trump, had threatened ahead of Trump’s first inauguration to tear his Green Card once Trump was sworn in, a threat the Nobel laureate has since carried out.
“I have already done it, I have disengaged (from the United States). I have done what I said I would do,” Soyinka, who was 82 years old, said then on the sidelines of an education conference at the University of Johannesburg, according to AFP.
He added, “I had a horror of what is to come with Trump… I threw away the (green) card, and I have relocated, and I’m back to where I have always been” – meaning his homeland, Nigeria.
In July this year, the US Department of State announced an update to its non-immigrant visa policy for Nigerian citizens.
According to a press release issued by the U.S. Embassy in Abuja, “most non-immigrant and non-diplomatic visas issued to citizens of Nigeria will be single-entry visas with a three-month validity period.”
Soyinka had, during a media parley last Tuesday in Lagos, disclosed the revocation of his B1/B2 visa by the US Embassy.
The US Consulate announced the revocation of the visa in a letter addressed to Soyinka dated October 23, 2025.
The Consulate further requested Soyinka to bring his visa to the Lagos Embassy “for physical cancellation,” a request the Nobel laureate described as “a joke.”
“If you have plans to travel to the United States, you must apply again to re-establish your qualifications for a new non-immigrant visa,” the letter added.
While Soyinka said he did not know the reason for the revocation of his visa, the US Mission in Nigeria clarified last Thursday in response to an inquiry from The PUNCH that visas granted by the country are a privilege, not a right.
While the Mission noted that it would not discuss details of individual visas, its spokesperson said, “Visas are a privilege, not a right. Every country, including the United States, can determine who enters its borders. Visas may be revoked at any time, at the discretion of the U.S. government, whenever circumstances warrant.”
Speaking further in the interview with the BBC, Soyinka, who had vowed that he would never reapply for a US visa, said he had since left the country because he would not allow himself to be “kicked out.”
“I said I’m not going to wait to be told to come for a reinterview or simply told, ‘Get out! The green card is cancelled!’ That’s all. People failed to understand. Even though I said it, people failed to accept it. I said I don’t like to be kicked out; I like to kick myself out, it’s more dignified,” the 91-year-old author and playwright said.
He said he knew he would not be able to resist comments on the Trump administration.
“I knew I would not be able to resist making comments on what I knew would happen, and sure enough, he did not disappoint me.”
The Nobel laureate also touched on an incident that happened prior to the revocation of his visa. He spoke of how he got a letter from the US Internal Revenue Service notifying him of a tax audit.
“After he took office, I got a letter from the IRS telling me to report for an audit. The coincidence for me was very impressive,” he said.
Soyinka had during the media parley in Lagos, given an insight into the tax audit, which he said he had no problem with.
He told journalists, “I think it’s important for me to begin by reminding us about the history of this visa, which was issued when an accident happened to my Green Card, so it became no longer valid.
“Unfortunately, or fortunately, whichever way you want to look at it, not long after that, maybe by accident or maybe it’s related or not, I got a letter from the Internal Revenue Service of the United States of America saying that an audit of my tax return was about to take place, going back about five years.”
He noted that audits are done periodically just to make sure one is not cheating, “and that’s okay.”
He narrated, “So I went to the embassy to say this is the letter I just received from the Internal Revenue Service. My Green Card is no longer usable. I don’t want to be advertised as a tax dodger owing the United States money and being chased all over the world with letters and police, and I said I needed to go in and see the audit, and that’s exactly what happened.”
Soyinka has maintained that he has no issue with members of the US Embassy or the American people, as he noted he was always treated with courtesy anytime he was at the embassy.
President Bola Ahmed Tinubu has written to the House of Representatives requesting approval for a ₦1.15 trillion borrowing programme to cover the 2025 budget deficit.
In a letter addressed to Speaker Tajudeen Abbas dated October 31, 2025, the President explained the request became necessary to bridge the unfunded deficit arising from an increase in the total budget size by the National Assembly.
The letter was read during plenary on Wednesday by the Deputy Speaker, Rt Hon Benjamin Okezie, who presided.
Tinubu noted that while the National Assembly passed a ₦59.99 trillion budget, an increase of ₦5.25 trillion from the ₦54.74 trillion earlier proposed by the Executive, this adjustment created a budget deficit of ₦14.10 trillion.
However, the borrowing plan approved in the budget amounted to ₦12.95 trillion, leaving an unfunded gap of ₦1.15 trillion.
“In view of the foregoing, it is necessary to increase the domestic borrowing limit in the 2025 budget by ₦1,147,462,863,321.39 to close this gap,” the President wrote.
The President’s request, which was made in line with Section 44 (1–2) of the Fiscal Responsibility Act, 2007, seeks the National Assembly’s approval to establish the borrowing programme in the domestic debt market.
Tinubu expressed confidence in the lawmakers’ prompt consideration of the request, assuring them of his “highest consideration and personal regards.”
The letter was referred to the Committee on Aids, Loans and Budget Management for further legislative action.