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Nigeria Faces Shutdown as Energy Crisis Worsens

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fuel scarcity may persist till June
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Nigeria faces a shutdown as fuel becomes increasingly unavailable nationwide and prices doubled or tripled in some places.

Petrol, diesel and even kerosene are longer being sold in 80% of fuel stations across Nigeria, according to reports by Daily Trust correspondents.

The situation is so critical that motorists are stranded at filling stations for a whole day.

As a result transport fares have shot up sharply – in some places rising by 100% or more.

Airlines have also cut flights by half, leaving passengers stranded and some angry for being forced to miss crucial business trips.

All these are compounded by power generation which has dropped to all time low forcing critical services like hospitals, banks and telecoms to depend ever more on generator plants.

But Daily Trust correspondents report that even such alternative services are themselves threatened by the current fuel shortages.

Telecom operators have warned that the nation faces shutdown if the situation does not improve immediately.

A few hospitals have also expressed concerns that they will no longer be able to carry out operations should the situation continue for a day or two.

The fuel crisis is coming at a time when about 50 foreign leaders are due in the country for the inauguration of a new president on Friday.

Fuel scarcity in Lagos and some western parts of the country weekend worsened as most filling stations remained closed.

Our correspondent gathered that some of the black marketers got supply of the product from burst pipelines in the outskirt of Ikorodu area of the Lagos and sell to motorists at N250 per litre against the official price of N87.

Commercial bus drivers have hiked transport fare by over 150 percent margin in order to enable them make returns on the cost of fuelling their vehicles.

A transport fare from Ajah to Obalende, which was N300   days ago was N 700 yesterday. Also  Yaba fare to Obalende goes as  high as N400 and N500 as against N100 per trip last week.

Inter state buses also jerked transport fares  for over  100 percent, leaving cost of movement to Ibadan and Abeokuta at N3500 and N3000 respectively as against N2000 and N1500 last week.

Meanwhile, the Executive Secretary of the Major Oil Marketers of Nigeria (MOMAN), Mr Obafemi Lawore has expressed concern over the worsening fuel scarcity.

MOMAN and other importers are scheduled to meet the Senate in Abuja today.

Two of the major telecoms operators, Airtel and MTN Nigeria have warned of imminent network degradation if the fuel scarcity is not addressed.

MTN said in a statement posted on its twitter handle, that its reserve diesel was running out fast and the network might suffer imminent degradation if it did not manage to procure diesel supplies within the next 24 hours.

The statement read, “MTN’s available reserves of diesel are running low and the company must source for a significant quantity of diesel in the near future to prevent a shutdown of services across Nigeria.”

Corporate Services Executive Akinwale Goodluck said:  “Most of our base stations and switches are powered round-the-clock by Diesel Generators and the current fuel shortage has drastically reduced the availability of diesel fuel supply to key locations”

In the same vein, Airtel Networks Limited also in a statement said the situation is impacting negatively on its commitments to delivering best-in-class quality of service and seamless telephony experience to all Nigerians.”

An official, Mr. Erhumu Bayagbon said:  “While we are currently doing everything within our means as well as going the extra mile to ensure that all our base stations and switches are up and running, it is sad to note that it is becoming increasingly difficult to replenish current stock of diesel due to the lingering scarcity of the products.”

He said, “We are also concerned that, if the situation persists, it may have adverse effects on our network, impacting both voice and data services. Airtel, therefore wishes to assure all customers that we will continue working with all our partners and stakeholders to mitigate any negative impact as we remain committed to our promise of providing exceptional services.”

A 2014 slide-deck presented to foreign investors revealed that MTN Nigeria spends at least 70 percent of operating expenditure on diesel, while the Chief Executive Officer of Airtel Nigeria, Segun Ogunsanya also gave an estimated amount of N10billion as annual spending on diesel.

The fuel crisis is forcing businesses to close their doors and if MTN’s grim forecast comes to pass, not only voice and calls will be affected, but also internet services, banks, health, education as well as other sectors of the economy.

The persistent acute power outage coupled with the hot weather being experienced in Kano State has exposed residents to untold hardship, our correspondent reports.

For weeks power supply in Kano State has worsened as residents battle with many days of blackout. This is not helped by the weather condition which has been fluctuating between 39 and 40 degrees.

A civil servant, Aminu Mohammed said his son had been admitted at the Nasarawa hospital as a result of the hot weather and the power outage.

“For the past five days now I have been at the hospital, my son is suffering from high fever which doctors said was caused by the hot weather. I thank God that his is high fever but cases of meningitis have been recorded at the hospital,” he said.

A factory worker in Sharada phase 2, Ibrahim Suleiman said the management of the carpet company he is working with had cancelled overtime because of the power outage.


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UK Appoints Peter Vowles as British High Commissioner to Nigeria

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The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.

Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.

He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.

Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.

Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”


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Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

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World Bank has ranked the Apapa and Tin Can Island Port complexes in Lagos among the world’s 20 most improved ports in its 2025 Container Port Performance Index (CPPI), released in June 2026.

Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

The ranking places both ports in the “Top 20 Port Improvement Since 2020” category, reflecting significant gains in operational efficiency and vessel turnaround time.

The CPPI is a global benchmark used to assess the efficiency of container ports based on factors such as cargo handling speed, ship turnaround time and overall logistics performance.

According to the report, the improvement highlights ongoing reforms and modernization efforts within Nigeria’s maritime sector.

The Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, attributed the recognition to ongoing policy reforms and infrastructure upgrades in the sector.

He said the development reflects the impact of economic policies of President Bola Tinubu and the support of the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.

“With the investor-friendly policies of President Bola Ahmed Tinubu providing the impetus for increased investment to drive our port infrastructure and equipment modernisation programme, coupled with the unflinching support of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, we have all it takes to further enhance trade facilitation, improve competitiveness and boost the national economy,” he said.

The NPA said the recognition is expected to strengthen investor confidence in Nigeria’s maritime sector and enhance the country’s position as a regional trade and logistics hub.

It noted that improvements in port operations are already contributing to increased efficiency in cargo movement and reduced delays at key terminals.

The authority also pointed to ongoing efforts to modernise port infrastructure and expand digital systems aimed at improving service delivery.

Earlier in February 2026, the NPA said the federal government had intensified efforts to position Nigeria as a leading maritime destination through port rehabilitation and modernization projects.

It also highlighted public-private partnership initiatives, including developments at the Lekki Deep Sea Port, as part of broader reforms aimed at improving efficiency and attracting investment.

The CPPI ranking is expected to further boost Nigeria’s maritime profile and encourage additional investment in the sector.


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PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

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As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.

While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.

These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”

PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.

Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.

“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”

The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.

For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.


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