NEWS

FG May Reduce Price Of Fuel Pump Over Coronovirus & Global Oil Price Crash

Published

7 years ago

March 14, 2020

The federal government has hinted that it is engaged in consultations to decide whether or not petrol prices will be reduced for Nigerians in view of the global drop in crude oil prices caused by the Coronavirus pandemic.

Minister of State for Petroleum Resources, Timipre Sylva, announced this to State House correspondents after the Presidential committee on the impact of the Coronavirus outbreak on Nigeria’s economy presented an interim report to President Muhammadu Buhari at the Presidential Villa, Abuja yesterday.

The committee is chaired by the minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, and has other members as Sylva; the Central Bank of Nigeria governor, Godwin Emefiele; and group general managing director, Nigeria National Petroleum Corporation (NNPC), Mele Kyari; among others. Sylva was reminded by reporters that dwindling crude oil prices translate to lower domestic prices for huge importers of refined petroleum products like Nigeria, and a price slash had actually resulted in the past.

He said, “On when the price of PMS is likely to be reduced considering the drop the crude oil price, of course we are still consulting. We’ll get back to you, please be patient.” On her part, the minister of finance disclosed that the government had released N285 billion from the 2020 budget for capital projects. According to her ,another $220 million had also been released by government for counterpart funding. She said the committee would be back next week to brief the President on the necessary adjustments that would be made for the nation’s economy to run smoothly in spite of the global oil price crash.

According to her, government would continue to run normally, while investments especially in critical sectors should not cease. She said, “The Ministry of Transport, the Ministry of Works and Housing, Niger Delta, a number of ministries and agencies that have important infrastructure projects have got their funds. “Also this week we have been able to release to the Ministry of Transport the counterpart funding provided for in our budget that is required for the important railway projects that are currently ongoing.

The finances from the China EXIM Bank. “What we have been mandated to do is to ensure that the business of government continues to run as much as possible normally, that government agencies are funded but there must be continuous investments in critical infrastructure that would ensure continuous growth and also concentrate on programmes and project that will enhance employment of our people.

“We are looking at ways and means in which the revenue of government will be stabilized and that we are able to fund the states through the FAAC process at a level that is averagely expected and planned for by both the federal as well as the national budget.

On the issue of interest rate, the CBN governor, Godwin Emefiele, said “On the issue of interest rate, luckily, even before this time, I am sure most of you must have observed that interest rate has come down quite drastically and we are going to continue to ensure that it is not a temporary phenomenon, that it will be a phenomenon that will continue because we think and we believe that Nigerians, whether they are business people or private people who deserve to take credit should do so at a lowinterest rate so that they can use them for a good purpose, pay back those loans and also do good business.”

Entertainment

G Sound Studio Presents Lagos Next Star Music Festival & Talent Hunt 2026

Published

2 days ago

October 12, 2026

Baba Blow

The Nigerian entertainment scene is set for another exciting celebration of music and emerging talent as G Sound Studio presents the Lagos Next Star Music Festival & Talent Hunt 2026, an event designed to discover, showcase, and support the next generation of music stars.

With its focus on discovering talent and providing practical creative opportunities, the Lagos Next Star Music Festival & Talent Hunt 2026 invites aspiring musicians to step forward and showcase what they can offer.

For artists seeking a platform to perform, build connections, and pursue greater recognition, the event could be an opportunity to put their talent in the spotlight.

Interested participants and attendees should contact the organizers directly to confirm registration requirements, prize conditions, and other event details ahead of the festival.

Organized under the theme “Where Talent Meets the Spotlight,” the festival aims to provide aspiring musicians with an opportunity to showcase their abilities, connect with the entertainment community, and take a step toward greater visibility in the Nigerian music industry.

One of the major highlights of the Lagos Next Star Music Festival & Talent Hunt is its talent competition, which offers opportunities for participants to compete for first, second, and third-place prizes.

According to the event promotional materials, winners can look forward to valuable career-support opportunities, including free studio sessions, free music production, free music promotion, and a free video shoot.

These opportunities could help upcoming artists improve their sound, strengthen their musical identity, and gain exposure as they work toward building sustainable music careers.

The event also encourages aspiring performers to take advantage of the platform to demonstrate their creativity, stage presence, originality, and musical potential.

Registration Details and Participationd 👇

Interested talents are invited to register for the competition. The advertised registration fee is ₦10,000.

Prospective participants are encouraged to contact the organizers through the official social media handles or the WhatsApp contact provided on the event flyer to obtain the registration form and confirm the participation requirements.

Registration and enquiries:

Instagram: @dmartin_opchial
Instagram: @gsoundoftheyearstudio
WhatsApp: +234 902 195 7914
Email: Dmartinprobeat@gmail.com

Beyond the talent hunt, the festival is expected to bring together music lovers, performers, creatives, and entertainment enthusiasts for an evening of live performances and networking.

The event flyer lists several performing artists, including Ovuemax, Mohyen, Sanny Gee, Kushflow 15, Diago, Evron Diver, Milli Moree, Pehgy, Sherico, Egbebomo, Younglucki, and Dmartinpro.

The red carpet is scheduled to begin at 6:00 PM, while the main show is scheduled for 8:00 PM.

With a combination of emerging performers, a competitive talent showcase, and music industry opportunities, the festival is positioning itself as a platform for aspiring artists looking to take their next step.

Event Details At A Glance 👇

Event: Lagos Next Star Music Festival & Talent Hunt 2026
Presented by: G Sound Studio
Date: Saturday, November 28, 2026
Red carpet: 6:00 PM
Main show: 8:00 PM
Venue: De City Lounge, 108 Badore Road, opposite Regal Star School, Badore, Ajah, Lagos
Registration fee: ₦10,000, as advertised
Talent hunt prizes: First, second and third-place prizes, with additional creative opportunities advertised for winners

Stay connected to Blow Naija Media for more entertainment news, music updates, artist features, and events from across Nigeria.

Entertainment

Emersonnoni Unveils Bold Promo Shots as He Prepares Next Musical Chapter

Published

2 weeks ago

September 30, 2026

Baba Blow

Rising Nigerian Afro-Pop artist Emmanuel Oghenekevwe, widely known as Emerson and now requesting to be addressed as Emersonnoni, has released a fresh set of promotional photographs ahead of his next musical project.

The visuals mark a confident step forward for the Ughelli South, Delta State native, who has been steadily building momentum since the February 2026 release of his single Ask Of Emerson (featuring Snazzygrin).

That track, produced by Gluck Beatz and written by Oghene Kevwe Emmanuel, showcased his blend of Afro-Pop energy, storytelling, and contemporary Nigerian sound.
With the new promo images, Emersonnoni appears to be setting the tone for a more defined personal brand.

Entertainment

MAIDEN MOEISHA CREATIVE EXPERIENCE HOLDS THIS FRIDAY

Published

3 weeks ago

September 25, 2026

Baba Blow

MAIDEN MOEISHA CREATIVE EXPERIENCE HOLDS THIS FRIDAY

Utibe Utuk

All is set to host a gathering of artists,innovators,creative entrepreneurs,young talents,students and industry professionals as the MOEISHA Creative Experience 2026 takes center stage.

The event, which brings together diverse voices and ideas around art,technology,culture and the future of the creative economy is scheduled for Friday,September 25th from 4pm,toprovide a platform for participants to connect,share ideas,showcase their creativity and explore emerging opportunities at the intersection of art,innovation and technology at Ibom LED Centre.

A major feature of the gathering will be the official launch of The Moeisha Foundation,an initiative focused on empowering young women and fresh school leavers with creative skills and opportunities in digital entrepreneurship.

The foundation is expected to provide opportunities for young people to develop practical skills,discover their creative potential and explore sustainable pathways within the growing digital economy.

Beyond the celebration of creative expression,the MOEISHA Creative Experience is designed to promote networking,collaboration and knowledge sharing among participants from different areas of the creative industry.

The event will take place at Ibom LED,Ibom E-Library,Ibb Way,Uyo,Akwa Ibom State,with free entry for participants. Artists,students,young entrepreneurs,industry professionals and lovers of culture are expected to attend the gathering.

Some of the speakers and panelists to grace the event are Mandu Akpekong (Public Speaker), Sukmama Akpanusong (Tech Entrepreneur),Utonne Ekefre (CEO Latonne Signature) and Emmanuel Udosen (CEO Coddatech Nigeria Ltd), with performances by Udo Mariam, Psc Ben, Ferric Wondaz, Carlos Umoh and Evelyn Praiz to spice up the evening.

The convener,Mekmfonabasi Essien,an artist,creative visionary and curator,said in a chat with this reporter penultimate week that the event was conceived as an avenue to bring people together and create opportunities for meaningful connections within the creative space.

According to her,for a creative community like Uyo,which continues to explore new ways of turning talent and ideas into opportunities,the MOEISHA Creative Experience 2026 provides an avenue for participants to connect,create and discover new possibilities.

She called on young people in Akwa Ibom and neighbouring cities to take advantage of the gathering,describing it as a networking hub capable of opening doors for greater collaboration and creative partnerships.