News
Marketers Fleece Kerosene Consumers of N800m Daily

Marketers of petroleum products and their agents may have been extorting kerosene consumers an estimated N800m daily if official statistics are used as basis of demand, according to National Mirror.
The national daily gathered from the Nigerian National Petroleum Corporation (NNPC) that national daily consumption of kerosene currently stood at eight million litres. The official supply price to the market is N50 per litre.
However, users get the product at varying prices that range between N130 and N200 per litre, depending on their locations.
A market survey conducted in Lagos and its environs showed that major marketers, including Mobil Nigeria Plc, Conoil Nigeria Plc, MRS and Oando Nigeria Plc, did not have the product in their retail outlets.
Mr. Thomas Olawore, executive secretary, Major Oil Marketers Association of Nigeria (MOMAN), said that the major marketers did not sell the product because they did not have allocation from the NNPC.
He noted that the major marketers could not market the product because they did not have allocation.
Olawore lamented that marketers could not import because they were not permitted to make claim or seek reimbursement from the government.
“It is only the NNPC that can import kerosene because the Corporation has over the years been permitted to make claims from the Federal Government,” Olawore said.
He said it would not make any economic sense for marketers to import the product from the global market at a higher price to sell at lower price in the domestic market which the price is regulated by the government.
The survey showed that only small scale retailers had commercial stocks of the product for sale at exorbitant prices (between N130 and N200 per litre).
“We always have stocks to sell to our customers because we have people who bring it in tankers to deliver to us,” said one retailer at Mile 12, Lagos.
National Daily reported that the details of the present price regime could not be ascertained at the weekend as the Petroleum Products Pricing Regulatory Agency, PPPRA website had been shut for reconstruction.
According to National Daily, efforts to reach officials of the agency did not yield any result as calls made to their phones were not responded to.
Mr. Ohi Alegbe, general manager, Group Public Affairs Division of the NNPC, said the corporation had initiated a scheme aimed at cutting off the several layers of middlemen who made it difficult for the end user to enjoy the subsidy on the product.
He said this would be done through the ‘Kero Correct’ initiative, which the corporation claimed had commenced.
Mr. Frank Amego, executive director, Commercial, of the Pipeline and Products Marketing Company, PPMC, explained that the new initiative was aimed at getting kerosene to the masses at the right price.
He noted that the Nigerian masses had not been enjoying the subsidy because of the long arbitrage system involved in its distribution and retail, diversion of the product by marketers to the construction industry where it is used for blending bitumen.
Amego said this happened mainly because NNPC had no direct control over most of the marketers involved in the distribution and sales of the product.
According to him, the Kero Correct initiative is designed to distribute and sell kerosene directly to end users from NNPC retail mega and affiliate stations across the country at the government-regulated price of N50 per litre to ensure effective control.
He assured that PPMC had enough stock of kerosene and that machinery had been provided to ensure efficient distribution of the product from Lagos and Oghara to NNPC retail mega and affiliate stations nationwide.
Mr. Ufford Ibanga, general manager, NNPC Retail, assured that all of the 524 NNPC retail mega, floating mega and affiliate stations across the country had been keyed up for the Kero Correct scheme.
He explained that the volunteers were being brought into the project to help monitor discharge and sales of the product to serve as an independent feedback system aimed at promoting transparency and ensuring that the product gets to the desired end users.
The scheme will involve the distribution of 1,500 trucks of kerosene across NNPC retail’s mega and affiliate stations across the country to ensure that each consumer gets at least 25 litres of the product over the next three months.
News
Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.
Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.
Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.
To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.
Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.
“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”
The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.
“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.
News
Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt
Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.
GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.
Individuals owe N13.5 million to N35 million each.
Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.
More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.
Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.
Pedro urged prompt filings and payments.
News
Beware of Fake Cerelac Products – NAFDAC

National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.
It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.
NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).
Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.
NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.
It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.
According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.
“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.
“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.
The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.
It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.
NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.
It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.
The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.
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