NEWS
Protests Erupt In Delta As Prices Hit Record Highs, Tinubu Under Fire
On Wednesday, commercial tricycle operators, commonly known as ‘Keke riders,’ joined by market women and local youths, took to the streets of Warri and Effurun in a peaceful protest against the recent fuel price increase and severe scarcity of premium motor spirit (PMS).
The demonstration began around 9 a.m. with hundreds of protesters marching through major roads.
They called on President Bola Ahmed Tinubu to urgently address the situation and reverse the hike in fuel prices, which have surged to nearly N1,100 per litre, further straining their economic conditions.
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The protesters wielded placards with messages such as “Tinubu, intervene now to alleviate commuters’ suffering,” “Activate Warri and Kaduna refineries without delay,” and “The fuel price hike is a killer.”
Their chants echoed their discontent and desperation for immediate action.
As the protest unfolded, many filling stations along the Warri-Sapele road were observed to be closed, while those that remained open were charging over N1,000 per litre.
This scarcity has caused transport fares to increase and led to significant disruptions for both local commuters and interstate travelers.
The usually bustling Airport Junction in Effurun, a key hub for interstate travel, was notably subdued.
Travelers faced challenges securing tickets, and transport operators reported difficulties in procuring fuel, exacerbating the impact on transportation services in the region.
NEWS
Abuja Building Collapses Hours After FCTA Sealing
A building has collapsed in Wuse Zone 4, Abuja, just hours after the Development Control Department of the Federal Capital Territory Administration (FCTA) sealed the structure and directed occupants to vacate the premises.
The building reportedly collapsed at about 8pm on Monday, September 7, 2026, prompting an emergency response as personnel of the Federal Fire Service and other responders moved to the scene.
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Three ambulances were stationed at the location as rescue teams worked to determine whether anyone was trapped beneath the rubble and to evacuate any possible casualties.
The FCTA’s Development Control Department had earlier sealed the building and ordered occupants to leave the premises before the collapse.
The cause of the collapse remained unclear as of the time of the report, while rescue operations were still ongoing.
The incident has renewed concerns over the safety of ageing and distressed buildings in Abuja, particularly structures that have previously been flagged by regulatory authorities.
Further details on possible casualties and the circumstances surrounding the collapse are expected as emergency operations continue.
NEWS
‘Everybody Will Have Stakes’ — Dangote Unveils Refinery IPO
President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has declared that Nigerians from all walks of life will have the opportunity to own stakes in the Dangote Petroleum Refinery through its Initial Public Offering.
Dangote made the statement on Monday during the official signing ceremony for the refinery’s IPO in Lagos.
“What we are trying to achieve is to make sure our drivers, cooks, servants, and everybody have the opportunity of having stakes in the refinery,” Dangote said.
SEE ALSO: Dangote Reveals Date for Much-Awaited Refinery IPO
The IPO will see the refinery offer 4.1 billion ordinary shares at ₦525 per share, giving investors an opportunity to become shareholders in one of Africa’s biggest industrial projects.
The official application list is scheduled to open on September 14, 2026, and will close on October 9, 2026, after 25 days.
Investors can subscribe to a minimum of 100 shares valued at ₦52,500, with subsequent subscriptions available in multiples of 50 shares.
The landmark signing ceremony was attended by prominent figures in Nigeria’s business and financial sectors, including Zenith Bank Chairman, Jim Ovia, and Heirs Holdings Chairman, Tony Elumelu.
Located in the Lekki Free Zone, Lagos, the Dangote Refinery has a refining capacity of 650,000 barrels per day, making it Africa’s largest single-train refinery.
The refinery, which was commissioned in May 2023 after nearly a decade of construction, attracted an investment of approximately $20 billion.
According to details of the IPO, proceeds from the public offer will be used to support a major expansion of the facility, with the company targeting an increase in processing capacity to 1.4 million barrels per day.
If achieved, the expansion would make the facility the largest operating oil refinery in the world, surpassing India’s Jamnagar refinery complex.
At ₦525 per share, the refinery has an estimated market valuation of about $47 billion, while a fully subscribed IPO could increase the total market capitalisation of the Nigerian Exchange by an estimated 30 to 40 per cent.
The company has also proposed paying dividends in US dollars, with foreign exchange earnings from refined petroleum products and petrochemical exports expected to support the dividend plan.
The public offering follows a $2.5 billion private placement completed in July as Dangote Industries seeks to raise additional capital for the refinery’s expansion.
NEWS
New NSCDC Boss Takes Charge in Osun, Promises Stronger Security
The Nigeria Security and Civil Defence Corps has deployed Toma Enya as the new Commandant of the Osun State Command.
Enya’s deployment was approved by the NSCDC Commandant-General, Prof. Ahmed Audi, according to a statement issued by the Corps’ spokesperson, Kehinde Adeleke, on Monday in Osogbo.
The new commandant, who was transferred from the Ekiti State Command, officially assumed office on Monday, taking over from Commandant Igbalawole Sotiyo.
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Following the handing-over ceremony at the command headquarters, Sotiyo led Enya to the Government Office in Abere, where they were received on behalf of Osun State Governor, Ademola Adeleke, by the Deputy Governor, Kola Adewusi.
Speaking during the visit, Enya pledged to strengthen intelligence gathering and information sharing under his leadership.
He also assured that the command would remain committed to ensuring adequate protection of lives and property across the state.
Adewusi welcomed the new commandant to Osun and assured him of the state government’s support to enable the NSCDC to effectively discharge its statutory mandates and contribute to the security and development of the state.
Enya becomes the 18th NSCDC commandant in Osun State.
He hails from Ajaokuta Local Government Area of Kogi State and holds a Bachelor of Science degree in Geology from Ahmadu Bello University, Zaria, as well as a Master’s degree in Public Administration from Ladoke Akintola University of Technology, Ogbomoso, Oyo State.
Enya has served the Corps in various operational, investigative and administrative capacities, gaining extensive experience in security operations and management.
The NSCDC said he has also attended several professional courses within and outside Nigeria, further enhancing his expertise in security architecture, leadership and administration.





