NEWS

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

Published

6 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.”

MUSIC

Meet Big Ken – The Afro beats Sensation Master Mind Behind the epic singles ( Coco baby, No Face , Cruise, Spiritual Frequencies & Alakija

Published

2 weeks ago

July 7, 2026

Baba Blow

Meet Big Ken – The Afro beats Sensation Master Mind Behind the epic singles ( Coco baby, No Face , Cruise, Spiritual Frequencies & Alakija

Nigerian Afrobeats singer and songwriter Big Ken whose known offstage as Kenneth Afure Okudi, releases hits debut singles “Coco Baby” “No Face” “Cruise” “Spiritual Frequencies” and Alakija” the fast rising afrobeats singer has being gaining attention. This release has proven his dominance and has amassed millions of streams across all platforms. He’s also focused on his next level of success.

GET ALL SINGLES BELOW

NO FACE

COCO BABY

NEWS

Becky Slim Crowned AFROMAICA June Edition Dancehall Queen

Published

3 weeks ago

July 1, 2026

Baba Blow

Becky Slim Crowned AFROMAICA June Edition Dancehall Queen

AFROMAICA which is Nigeria’s Number 1 monthly urban reggae dancehall party delivered another unforgettable celebration of reggae and dancehall culture on june 25th 2026 as Emediong Emmanuel Edet, popularly known as Becky Slim won the cash prize of #500,000, she emerged the overall winner after an outstanding performance that earned her the admiration of both the organizers and the audiences at Club Plan B by Carabana. Afromaica happens every last thursday of the month at same venue.

Representing Kenya also know as Slim Shady showcased remarkable stage presence, confidence, and authentic dancehall energy throughout the competition. Her captivating performance distinguished her from a lineup of talented contestants, securing her the coveted Dancehall Queen title in what proved to be one of the most competitive editions of the event.

The June edition featured an impressive display of reggae and dancehall artistry, highlighting the depth of emerging talent across the African music scene. Contestants thrilled fans with energetic performances and a passion for preserving the vibrant spirit of the genre.

Adding to the excitement of the event recorded the presence of several notable entertainment personalities who came out to support the movement. Popular Facebook content creator MC Mbakara, respected reggae artist Tossy Young, and dancehall heavyweight Bclean were all in attendance, lending their support to AFROMAICA‘s vision of promoting reggae and urban dancehall music while encouraging the next generation of performers.

Their presence further demonstrated the growing influence of AFROMAICA as a platform that continues to unite entertainers, content creators, artists, and music lovers under one cultural movement dedicated to the advancement of reggae and urban dancehall across Africa.

The event is proudly powered by Spartan Media Ltd and Club Plan B, with valuable support from Element Irish Whiskey, TM Luxury Apartments, Aurum Trading Exchange, Jogab Logistics, The Cove, and Isno Hotels. Their partnership played a significant role in delivering a well-organized and memorable experience for contestants, guests, and fans.

As AFROMAICA continues to expand its impact on the African entertainment landscape, anticipation is already building for the next edition, where more gifted dance and lyrical artists will bring mind blowing performances while celebrating the rich heritage and enduring influence of reggae and urban dancehall music.

Congratulations to Emediong Emmanuel Edet (@Beckslim001 on tiktok ) on her well-deserved victory at the AFROMAICA Dancehall Queen June Edition. Her success stands as a testament to hard work, talent, and dedication, inspiring aspiring artists to pursue excellence while keeping the spirit of reggae and urban dancehall alive.

See Exclusive photos below

NEWS

Popular Nigerian Singer Ceena Gears Up for October Release as He Joins Forces with Speroachbeatz (Watch Video)

Published

1 month ago

June 17, 2026

Baba Blow

Popular Nigerian Singer Ceena Gears Up for October Release as He Joins Forces with Speroachbeatz

Nigerian music sensation Ceena has once again set tongues wagging after being spotted in the studio with legendary producer Speroachbeatz, fueling anticipation for what could become one of the biggest records of 2026.

Although details surrounding the project remain under wraps, including the official title and release date, sources close to the camp reveal that the highly anticipated collaboration is expected to arrive in October 2026.

Known for his consistency, creativity, and ability to deliver captivating records, Ceena appears determined to elevate his career to a new heights. The singer reportedly disclosed that the forthcoming track is designed to serve as an anthem that listeners from all walks of life can relate to and embrace.

The studio session has already generated excitement among fans and industry stakeholders, especially considering Speroachbeatz’s impressive track record of producing chart-topping hits for some of Africa’s biggest stars like Davido.

With Ceena’s growing influence and Speroachbeatz’s production genius, expectations are high that this collaboration will make a significant impact upon release.

As the countdown to October begins, music lovers will be eagerly awaiting further updates on what promises to be a spectacular hit project from the talented singer.

See video teaser below;