Naija News Today: Tinubu Appoints New NNPCL CEO, Petrol Price Hike, World Bank Approves $1.08 Billion Loan, and More in Thursday Headlines

Naija News Today: Tinubu Appoints New NNPCL CEO, Petrol Price Hike, World Bank Approves $1.08 Billion Loan, and More in Thursday Headlines

Good Morning Nigeria, and welcome to GossipGram. Here are the key headlines to start your day:

Tinubu Appoints New Leadership for NNPCL

President Bola Tinubu

President Bola Tinubu has made significant changes to the Nigerian National Petroleum Company Limited (NNPCL), bringing in former Shell executive Bayo Ojulari as the new Chief Executive Officer. This strategic move is aimed at revitalizing the country's oil sector and tackling issues like falling production rates and rampant theft. With Ojulari's vast experience in deepwater exploration, there's hope that he will lead meaningful reforms within NNPCL. (Punch Newspaper)

NNPCL Increases Petrol Prices Nationwide

Fuel Price

In recent development, the NNPCL has increased the pump price of Premium Motor Spirit (petrol) to N990 per litre in Abuja and N960 per litre in Lagos. This price hike reflects the current market trends and aligns with the deregulation policy in the petroleum sector, which allows prices to vary based on supply and demand. (Punch Newspaper)

World Bank Approves $1.08 Billion Loan for Nigeria

Ndiame Diop

On another front, the World Bank has approved a $1.08 billion loan for Nigeria, aimed at improving the quality of education, enhancing community resilience, and boosting nutrition for underserved populations. This financial assistance is designed to alleviate economic challenges and support the country's development efforts. (Punch Newspaper)

Edo Election Tribunal Upholds Okpebholo's Victory

Edo State Election

In the political arena, the Edo State Election Tribunal has upheld the election of Okpebholo as governor, rejecting the petition from Ighodalo, who has expressed intentions to appeal the ruling at the Court of Appeal. (Punch Newspaper)

Decades-Old Land Dispute Leaves Lagos Families Homeless

Meanwhile, a long-standing land dispute in Lagos has left several families homeless, highlighting the urgent need for a resolution to prevent further displacement and suffering among those affected. (Punch Newspaper)

Tinubu Departs for France to Review Economic Reforms

President Bola Tinubu

To mark his second anniversary in office, President Tinubu has traveled to France to evaluate and discuss ongoing economic reforms with international partners. This visit aims to strengthen economic relationships and attract foreign investment. (Punch Newspaper)

Lagos Hospital Faces Scrutiny Over N500,000 Bill Following Patient's Death

A Lagos hospital is facing scrutiny after a pregnant woman tragically died, reportedly due to her inability to pay a N500,000 medical bill. This incident has ignited conversations about healthcare accessibility and the ethics surrounding medical billing practices. (Punch Newspaper)

Senator Barau Donates N16 Million to Families of Uromi Killings Victims

Senator Barau

In response to the tragic killings in Uromi, Senator Barau has donated N16 million to support the families of the victims. The gesture aims to provide some relief and assistance to those affected by the incident. (Punch Newspaper)

Family Disputes Debt Claims Surrounding Boxer's Death

The family of a deceased boxer, nicknamed 'Success,' has refuted claims that his death was due to unpaid debts. They recounted his final moments, emphasizing that financial issues were not a contributing factor. (Punch Newspaper)


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