News
The Impact of Fuel Price Hike on Private Car Owners in Nigeria

In recent weeks, the economic landscape of Nigeria has been further strained by the removal of fuel subsidies and the subsequent increase in the price of Premium Motor Spirit (petrol). The Nigerian National Petroleum Company Limited (NNPCL) lifted petrol prices from N897 to N1,030 per litre, significantly intensifying financial challenges for citizens already grappling with a high cost of living.
This latest price hike is poised to escalate poverty levels across the nation, as experts warn of its potential to push more individuals into financial distress. With fuel prices surging by an average of 174.6 percent, the ramifications of this decision are felt throughout various sectors of the economy. The removal of subsidies, coupled with currency depreciation, has contributed to a skyward trajectory in the prices of goods and services.
Data from the National Bureau of Statistics highlights the gravity of the situation, revealing that Nigeria’s inflation rate soared to 33.95 percent, with core contributors including transportation and fuel costs. Daily necessities have become increasingly unaffordable, with reports indicating soaring prices for staple items such as rice, which now exceeds N100,000 per bag.
In response to these economic pressures, many private car owners are resorting to converting their vehicles into commercial services. This practice allows them to offset rising fuel costs by charging passengers for transportation, thereby recouping some of their expenses. For instance, Akinolu Olu, a resident of Lugbe who commutes to work in Utako, Abuja, shared how he now charges his neighbors for rides—a stark contrast to his previous practice of offering free transport.
“Before the fuel subsidy removal, I used to transport four of my neighbors without charging them. However, since the price increased, I now charge N700 per person for each trip,” Olu explained.
As this trend of informal commercial driving continues to gain traction, it underscores the urgent need for government intervention to alleviate the financial strain on households. Citizens and economists alike are calling for measures to mitigate the economic hardships that have become all too commonplace in Nigeria, emphasizing the importance of addressing the escalating cost of living crisis.
Entertainment
Val Kilmer, Acclaimed Actor, Passes Away at 65.

Hollywood mourns the loss of Val Kilmer, the acclaimed actor known for his diverse and memorable roles, who passed away in Los Angeles on Tuesday at the age of 65. His daughter, Mercedes Kilmer, confirmed the news.
Kilmer, a prominent figure in 1990s cinema, achieved widespread recognition for his performances in iconic films such as “Top Gun,” “The Doors,” where he embodied Jim Morrison, and “Tombstone,” where he portrayed Doc Holliday. He also donned the cowl as Batman in “Batman Forever.” His extensive filmography includes significant roles in “Heat,” “The Saint,” “Willow,” and the recent “Top Gun: Maverick.”
Beyond his on-screen achievements, Kilmer’s career was marked by periods of controversy and fluctuating box office success. He was reportedly diagnosed with throat cancer in 2014, though he later recovered.
Val Kilmer’s talent and dedication to his craft will undoubtedly be remembered by audiences for years to come.
Foreign
Case Dismissed: Federal Charges Against Mayor Adams Dropped.

On Wednesday, District Court Judge Dale Ho dismissed, with prejudice, the federal criminal case against New York City Mayor Eric Adams. This action effectively terminates the possibility of the Department of Justice (DOJ) resurrecting the five-count indictment against the Democrat in the US District Court in Manhattan.
The dismissal follows a controversial request by the Trump administration, nearly two months prior, to drop the corruption charges. The DOJ argued that prosecution would impede Mayor Adams’ ability to govern New York City and collaborate with the administration’s immigration enforcement policies.
The request prompted significant internal dissent, culminating in the resignation of seven federal prosecutors, including the acting Manhattan US attorney. Their departure underscores the contentious nature of the decision to seek dismissal and the ethical questions it raised within the Department. The “with prejudice” ruling solidifies the finality of this complex and closely watched legal battle.
Entertainment
Mayorkun Considers Relocation Amidst Rising Trend of Nigerian Celebrities Abroad.

Afrobeats artist Mayorkun, known for hits like “Mayor of Lagos,” has publicly expressed his contemplation of relocating abroad. In a recent post on X, the singer stated, “I dey reason to japa [relocate].”
Mayorkun’s sentiment echoes a growing trend among Nigerian celebrities. The past decade has witnessed a significant exodus, with notable figures such as Tacha, Eldee, and Genevieve Nnaji among those who have chosen to relocate. This trend, further exemplified by Banky W’s move to the United States for educational pursuits last year, highlights concerns regarding current socio-economic conditions within Nigeria. The reasons behind these decisions are multifaceted and warrant further observation as more prominent figures weigh similar options.
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