OTHERS – CNN Updates

FG ANNOUNCES FLY NOW, PAY LATER POLICY

MYCNN — Wed, 18 Mar 2026 14:41:15 +0000

FG Unveils “Fly Now, Pay Later” Flight Ticket Policy
The Federal Government of Nigeria has introduced a new aviation financing initiative tagged “Fly Now, Pay Later”, aimed at making air travel more accessible and affordable for Nigerians.
The policy, unveiled through the Federal Ministry of Aviation and Aerospace Development, is designed to allow passengers to book and travel on domestic flights while paying for their tickets in instalments over a specified period.
According to government officials, the initiative is part of broader efforts to boost the aviation sector, stimulate economic activities, and ease the financial burden of air travel on citizens.
The Minister of Aviation and Aerospace Development, Festus Keyamo, explained that the scheme will be implemented in collaboration with selected airlines, financial institutions, and fintech companies to ensure a seamless and transparent process.
He noted that eligible passengers would undergo a simple verification process, after which they can spread payments over weeks or months, depending on agreed terms and conditions.
The policy is also expected to:
Increase passenger traffic across Nigerian airports
Support local airlines with improved cash flow
Encourage business and tourism travel within the country
Industry stakeholders have welcomed the initiative, describing it as a progressive step toward modernising Nigeria’s aviation financing system.
However, experts have advised that proper regulatory frameworks and consumer protection measures must be put in place to prevent abuse and ensure fair access for all Nigerians.
The Federal Government reaffirmed its commitment to strengthening the aviation industry and enhancing travel convenience, stating that the “Fly Now, Pay Later” policy aligns with its vision of an inclusive and economically vibrant Nigeria.

FG DECLARES PUBLIC HOLIDAYS

MYCNN — Wed, 18 Mar 2026 14:25:18 +0000

FG Declares Thursday and Friday Public Holidays for Eid-ul-Fitr
Minister of Interior, Olubunmi Tunji-Ojo
The Federal Government of Nigeria has declared Thursday, 19th March, and Friday, 20th March 2026 as public holidays to mark the celebration of Eid-ul-Fitr, which signifies the end of the holy month of Ramadan.
The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, on behalf of the Federal Government, in a statement issued by Dr. Magdalene Ajani, the Permanent Secretary of the ministry, on Tuesday.
In his message, the Minister extended warm greetings and heartfelt congratulations to Muslim faithful across the country on the successful completion of Ramadan. He urged them to uphold and sustain the virtues of love, generosity, peace, tolerance, and sacrifice, which are strongly emphasised during the holy month.
He further called on all Nigerians, regardless of religious affiliation, to use the festive period as an opportunity to pray for the nation’s continued peace, unity, and prosperity.
The Minister also encouraged citizens to celebrate the occasion responsibly, while extending kindness and support to the less privileged in society.
He reaffirmed the Federal Government’s commitment to promoting national unity, peaceful coexistence, and inclusive development across the country.

BREAKING: Dangote Refinery again hikes petrol price, now N1,175

admin — Mon, 09 Mar 2026 15:13:46 +0000

A senior official of the refinery, who spoke on condition of anonymity because he was not authorised to comment publicly, confirmed the adjustment to our correspondent, stating that the revision had already been communicated to marketers and depot operators.

“Yes, the gantry prices have been adjusted. PMS is now N1,175 per litre while Automotive Gas Oil is N1,620 per litre,” the official said.

Fuel

“The market has been extremely volatile, and replacement costs have shifted significantly in recent days. These adjustments reflect prevailing market fundamentals and the cost environment we are currently operating in.”

Checks by our correspondent on the industry pricing platform, petroleumprice.ng showed that the revised rates had already been updated across petroleum depot pricing systems, indicating a shift in the benchmark price used by downstream marketers.

The new price is the third surge in petrol prices within a week, following adjustments that pushed gantry prices from N774 to N995 per litre. As a result, retail pump prices in several states now exceed N1,000 per litre, as some stations now dispense petrol at about N1,200/litre, intensifying economic pressures on Nigerians.

The latest hike is expected to trigger another round of increases at filling stations nationwide, as higher fuel costs typically translate into higher transportation, logistics, and production costs for businesses.

It also betrays efforts by the Federal Government, through the Nigerian National Petroleum Company Limited, to secure crude oil supply for the Dangote Petroleum Refinery through third-party international traders, in a bid to sustain domestic refining operations.

Officials, however, warned that the intervention may not immediately translate into lower petrol prices for consumers. Nigerians currently grapple with high fuel prices, following the recent hikes in the cost of the commodities by the $20bn Lekki-based refinery.

Tinubu Replaces Egbetokun with Tunji Disu as Inspector-General of Police

admin — Tue, 24 Feb 2026 16:00:31 +0000

President Bola Ahmed Tinubu has removed Kayode Egbetokun from office as Inspector-General of Police, appointing Assistant Inspector-General Tunji Disu as his successor.

The decision reportedly followed a directive from the President requesting Egbetokun’s resignation. Sources indicate that the instruction was given during a meeting at the Presidential Villa in Abuja on Monday.

New IG Tunji

Egbetokun was appointed as the 22nd Inspector-General of Police on 19 June 2023, with his position subsequently ratified by the Nigeria Police Council on 31 October 2023.

At the time of his appointment, he was 58 and due for statutory retirement on 4 September 2024 upon attaining the mandatory age of 60. However, his tenure was later extended by President Tinubu, a move that attracted considerable public debate.

The appointment of Tunji Disu signals a transition in leadership within the Nigeria Police Force, as the administration seeks to reposition the institution amid ongoing security challenges across the country.