Nigerian newspapers review: Fuel price rises, deepens pressure on transporters, businesses, others

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the surge in international crude oil prices above $100 per barrel which is pushing up petrol prices across Nigeria, with major marketers raising pump prices and creating fresh pressure on transporters, commuters, households and businesses.

Another headline features the Dangote Petroleum Refinery opening its landmark N2.15 trillion initial public offer (IPO) today.

Vanguard also reports that as primary and secondary schools reopen across the country today, parents and guardians will contend with paying higher school fees, as most private schools have increased fees by between 30 and 40 per cent.

Moving to another newspaper, The Guardian reports that Nigeria’s N144 billion Safe Schools Initiative fails to calm security fears as pupils return.

The Punch leads with the Federal Government planning to submit the 2027 budget proposal to the National Assembly in September, in an attempt to advance the budget cycle amid persistent implementation challenges and overlapping fiscal years.

Lastly, The Nation reports that the two leading opposition parties – the Nigeria Democratic Congress (NDC) and African Democratic Congress (ADC) – are unable to match the ruling All Progressives Congress (APC)’s capacity to field candidates for National Assembly seats in the January 16, 2027 elections.