Virtue Yusuff Olatunji Akeem

A Development Worker and Monitoring & Evaluation Specialist

[Virtue Yusuff Olatunji Akeem @Virtueyusuff]

Under President Bola Ahmed Tinubu @officialABAT and Minister of Works, Engr. Dave Umahi @DaveUmahi, Nigeria is rebuilding: roads, bridges, and superhighways for a greater tomorrow."

[Bello Ayodele Muftau @Mftau]

It's time for a #RENEWED_HOPE with @pbat

#DrSRJ

[Ademuyiwa Adebola @ThisIsAdemuyiwa]

Intentional PR ‘masterstrokes’ is now a thing in our politics and polity.

It creates a great economy for thinkers and strategists.

Very impressive.

[Senator Ajibola Basiru Ph.D., BL @DrSRJ_]

The ruling All Progressives Congress APC has written the Independent National Electoral Commission INEC, demanding immediate enforcement of the Supreme Court judgment on the submission and use of political parties' membership registers for primaries, congresses and conventions.

In a letter dated October 9, 2026, signed by its National Chairman, Prof. Nentawe Yilwatda, and National Secretary, Sen. Surajudeen Ajibola Basiru, the party asked the Commission to apply the legal consequences of non-compliance, including barring any defaulting party from fielding candidates in the general election.

The judgment was delivered on September 24, 2026, in INEC v Zenith Labour Party (Suit No. SC/CV/495/2026). It affirmed section 77 of the Electoral Act 2026 and set aside the Court of Appeal's order that had declared sections 77(5) to (7) and 84(2) of the Act, and Activity Serial Number Two of INEC's Revised Timetable and Schedule of Activities for the 2027 General Election, unconstitutional.

The APC asked INEC to do three things. First, to enforce the judgment "in accordance with its terms and legal effect." Second, to verify whether each party submitted its digital membership register within the statutory period and to apply the consequences under section 77(7). Third, to ensure that only members on the register submitted to the Commission vote and are voted for in internal party elections.

https://t.co/7Xo8nVUGtC

[Virtue Yusuff Olatunji Akeem @Virtueyusuff]

2027 Elections: APC Puts INEC on the Spot, Demands Enforcement of Supreme Court’s 21-Day Rule https://t.co/34ogIrpI5V

[Virtue Yusuff Olatunji Akeem @Virtueyusuff]

https://t.co/3QWV3E9Ps2

[Virtue Yusuff Olatunji Akeem @Virtueyusuff]

@akalonu_tony @officialABAT @DaveUmahi She's only attesting to fact and what is crystal clear to every Nigerians

[Virtue Yusuff Olatunji Akeem @Virtueyusuff]

Under President Bola Ahmed Tinubu @officialABAT and Minister of Works, Engr. Dave Umahi @DaveUmahi, Nigeria is rebuilding: roads, bridges, and superhighways for a greater tomorrow."

[Bello Ayodele Muftau @Mftau]

Here is another genuine attestation that @officialABAT and @realdaveumahi have turned the 36 States in Nigeria and Abuja, the capital, into a huge construction site.
These are real infrastructural development that needs to be sustained.
#RENEWD_HOPE

[Ayekooto @DeeOneAyekooto]

“If the exchange rate of Naira to dollar is N500 today, PMS will be selling for around N400 and if our reserves empties, naira will crash and the N1400 we are paying for a liter of PMS will be a wish…”

[SALAWU||OMOIYAONIPAKO @salawueedris1]

“There’s no state in Nigeria without road construction”

Dear Engr. @realdaveumahi and President Tinubu, take your flower👏

[Temitope Ayanbisi @AyanbisiAT]

PRESS RELEASE.

Federal Ministry of Finance, Abuja, Nigeria - 9 Oct, 2026

𝐓𝐡𝐞 𝐍𝐍𝐏𝐂 𝐑𝐞𝐭𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐈𝐬 𝐍𝐨𝐭 𝐚 𝐒𝐮𝐛𝐬𝐢𝐝𝐲: 𝐍𝐨 𝐏𝐮𝐛𝐥𝐢𝐜 𝐌𝐨𝐧𝐞𝐲 𝐈𝐬 𝐈𝐧𝐯𝐨𝐥𝐯𝐞𝐝

𝘛𝘩𝘦 𝘥𝘪𝘴𝘤𝘰𝘶𝘯𝘵 𝘭𝘰𝘸𝘦𝘳𝘴 𝘱𝘳𝘪𝘤𝘦𝘴 𝘧𝘰𝘳 𝘤𝘰𝘯𝘴𝘶𝘮𝘦𝘳𝘴 & 𝘤𝘢𝘯 𝘴𝘵𝘳𝘦𝘯𝘨𝘵𝘩𝘦𝘯 𝘕𝘕𝘗𝘊 𝘙𝘦𝘵𝘢𝘪𝘭’𝘴 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 & 𝘱𝘳𝘰𝘧𝘪𝘵𝘴 𝘢𝘵 𝘵𝘩𝘦 𝘴𝘢𝘮𝘦 𝘵𝘪𝘮𝘦.

Since 1 Oct 2026, motorists have been paying less for petrol at NNPC Retail Limited stations, following a discount on the company’s retail margin. We welcome the relief this brings to households, commuters and transporters.

Some commentators have described the discount as a return of fuel subsidy. That is not correct. Here, plainly, is what the discount is and what it is not.

1. 𝐀 𝐌𝐚𝐫𝐠𝐢𝐧 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐚𝐧𝐝 𝐚 𝐒𝐮𝐛𝐬𝐢𝐝𝐲 𝐀𝐫𝐞 𝐍𝐨𝐭 𝐭𝐡𝐞 𝐒𝐚𝐦𝐞

Every marketer adds a margin to the price it pays for the fuel it sells. A margin discount means the retailer chooses to take a smaller margin, or no margin at all for a period, & passes the saving to the customer. The cost of the discount is borne by the retailer alone.

A subsidy is different. It is when govt pays part of the price the consumer would otherwise pay. That money comes from public revenue - funds that would otherwise go to salaries, schools, hospitals & infrastructure. That is the regime this admin ended in 2023, & it is not coming back.

2. 𝐍𝐨 𝐏𝐮𝐛𝐥𝐢𝐜 𝐌𝐨𝐧𝐞𝐲 𝐏𝐚𝐲𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭

The discount is not funded by the federal budget or the Federation Account. NNPC Retail buys petrol from the Dangote Refinery & other suppliers at market prices, on commercial terms, then adds its retail margin to set the pump price. The discount comes out of that margin alone, so the discounted pump price remains market-reflective.

This is quite different from crude oil owned by the Federation. Selling the nation’s crude below market price would amount to a subsidy, because the shortfall would be borne by public revenue.

3. 𝐍𝐍𝐏𝐂 𝐑𝐞𝐭𝐚𝐢𝐥 𝐈𝐬 𝐃𝐨𝐢𝐧𝐠 𝐖𝐡𝐚𝐭 𝐈𝐭 𝐖𝐚𝐬 𝐒𝐞𝐭 𝐔𝐩 𝐭𝐨 𝐃𝐨

NNPC Retail Limited, a wholly owned subsidiary of NNPC Limited, began operations over 20 years ago as a petroleum marketing & retail company. It was set up to ensure the nationwide availability, distribution & affordability of refined petroleum products.

Its purpose, in other words, is to keep products available across the country & to moderate retail prices, not necessarily to maximise retail profit. It has historically sold fuel below the prices of other marketers. The current discount continues that role, & it is a commercial decision that any retailer is free to make.

4. 𝐓𝐡𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐈𝐬 𝐍𝐨𝐭 𝐄𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐑𝐞𝐝𝐮𝐜𝐞 𝐅𝐞𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐃𝐢𝐯𝐢𝐝𝐞𝐧𝐝𝐬

Some have asked whether a lower margin means lower profits for NNPCL, & so lower dividends to the Federation. It need not. A smaller margin or temporary zero margin on each litre can be more than offset by selling more litres over time. And a discount builds customer loyalty that lasts well beyond the discount period itself. Together, these can raise NNPC Retail’s profits, & the dividends paid to the Federation: a win-win for consumers & for govt. Margin discounts are a routine commercial strategy, used by retailers the world over.

5. 𝐓𝐡𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐖𝐢𝐥𝐥 𝐍𝐨𝐭 𝐃𝐢𝐬𝐭𝐨𝐫𝐭 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐨𝐫 𝐄𝐧𝐜𝐨𝐮𝐫𝐚𝐠𝐞 𝐒𝐦𝐮𝐠𝐠𝐥𝐢𝐧𝐠

The retail margin on petrol is less than 5% of the pump price. A discount within that margin cannot meaningfully widen the gap between prices in Nigeria & in neighbouring countries, where petrol already costs 20 to 40 % more. It therefore creates no new incentive for smuggling, & no distortion of the kind that subsidy regimes produced in the past.

𝐓𝐚𝐢𝐰𝐨 𝐎𝐲𝐞𝐝𝐞𝐥𝐞
𝘏𝘰𝘯𝘰𝘶𝘳𝘢𝘣𝘭𝘦 𝘔𝘪𝘯𝘪𝘴𝘵𝘦𝘳 𝘰𝘧 𝘍𝘪𝘯𝘢𝘯𝘤𝘦 & 𝘊𝘰𝘰𝘳𝘥𝘪𝘯𝘢𝘵𝘪𝘯𝘨 𝘔𝘪𝘯𝘪𝘴𝘵𝘦𝘳 𝘰𝘧 𝘵𝘩𝘦 𝘌𝘤𝘰𝘯𝘰𝘮𝘺🇳🇬

[Queen Mother👸 @MsTyma_]

Queen Salawa Abeni after her appearance on TVC.

The party has started 💃

[Ademuyiwa Adebola @ThisIsAdemuyiwa]

Ki a to de ile aye, awon araye won ti se ile aye

Atun de ile aye tan, a ba won ti won ti n se ile aye

Bi o si laye mo, ara aye won tun bo ma se ile aye lo ni

Ti n ba ranti oro yii o, aanu ara mi a si maa se mi

🎼🎼🎼🎼

[Ademuyiwa Adebola @ThisIsAdemuyiwa]

Alhamdulilah for everything.

[Virtue Yusuff Olatunji Akeem @Virtueyusuff]

https://t.co/VSFNMVVGrR

[Virtue Yusuff Olatunji Akeem @Virtueyusuff]

@DeeOneAyekooto Congratulations to our Pathfinder!