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Enhancing Fuel Pricing Stability in Nigeria: Leveraging Digital Platforms for Lasting Solutions

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Fuel pricing stability is crucial for the economic growth and stability of any nation, and Nigeria is no exception. With the volatility of global oil prices and the impact of exchange rates, stakeholders in the fuel industry must have access to real-time data to make informed decisions. In this context, the implementation of digital platforms that provide real-time data on fuel prices, exchange rates, and other relevant factors can play a vital role in enhancing transparency and efficiency in the fuel market. Moreover, fostering synergies among stakeholders can lead to lasting solutions that promote stability and sustainability in the industry.

Digital platforms have revolutionized the way data is accessed and utilized in various sectors, and the fuel industry is no different. By leveraging these platforms, stakeholders can access real-time information on fuel prices, exchange rates, and other relevant factors that influence pricing decisions. This real-time data can help stakeholders track market trends, identify potential risks, and make informed decisions to mitigate price fluctuations.
In Nigeria, with no landing cost, duty, USD demand, or port clearance fees, one may wonder what could potentially lead to an increase in PMS price. This conundrum prompts a deep dive into the underlying issues, thought processes, and potential solutions within the context of the digital age.
There are several possible reasons for an increase in the price of PMS (Petrol/Motor Spirit) in Nigeria, despite the factors mentioned above. Some of these reasons include:
1. Fluctuations in global oil prices: Even though Nigeria may not have import costs, duty, or USD demand for petroleum products, the country’s fuel prices are still influenced by global oil prices. If crude oil prices rise on the international market, this can lead to an increase in the price of PMS in Nigeria.
2. Exchange rate fluctuations: While Nigeria may not have USD demand for petroleum products, fluctuations in the exchange rate can still impact the price of PMS. If the Naira weakens against major currencies such as the US Dollar, this can lead to an increase in the cost of importing fuel, which may be passed on to consumers.
3. Transportation costs: Even though there may not be port clearance fees, transportation costs play a significant role in determining the final price of PMS. Factors such as fuel prices, road maintenance costs, and distribution logistics can all contribute to an increase in the price of PMS.
4. Government taxes and levies: The government in Nigeria imposes various taxes and levies on petroleum products, which can also contribute to an increase in the price of PMS. These taxes are often used to fund infrastructure projects and other government initiatives.
In the digital age, there are several ways in which these issues can be addressed:
1. Transparency and accountability: The government and relevant authorities should be transparent about the factors that contribute to the price of PMS. This can help build trust with consumers and ensure that any price increases are justified.
2. Use of technology: Digital platforms and tools can be used to track and monitor fuel prices, exchange rates, and other factors that influence the cost of PMS. This information can be used to make informed decisions and policies regarding fuel pricing.
3. Diversification of energy sources: Investing in alternative energy sources such as solar, wind, and hydropower can help reduce the country’s reliance on imported petroleum products. This can help mitigate the impact of global oil price fluctuations on the price of PMS.
4. Collaboration with industry stakeholders: The government, oil companies, transporters, and other stakeholders should collaborate to address the challenges facing the petroleum industry in Nigeria. This can help identify solutions and implement policies that benefit all parties involved.
Essentially, addressing the factors contributing to the increase in PMS prices in Nigeria requires a coordinated effort and a willingness to embrace technology and innovation in the digital age. By working together and leveraging digital tools, the country can work towards a more sustainable and efficient petroleum sector.
Nonetheless, the collaboration and coordination among stakeholders in the fuel industry are essential for developing lasting solutions to pricing challenges. By fostering synergies among government agencies, oil marketers, regulatory bodies, and consumers, stakeholders can work together to address issues such as price manipulation, scarcity, and inefficiencies in the supply chain. Through effective communication and cooperation, stakeholders can create a more transparent and efficient fuel market that benefits all parties involved.
Further, to achieve lasting solutions to the issue of increasing PMS prices in Nigeria, it is essential to approach the problem with an open mind and a willingness to explore innovative strategies. One crucial aspect to consider is the need for greater transparency and accountability in the petroleum industry. This can be achieved through the implementation of digital platforms that provide real-time data on fuel prices, exchange rates, and other relevant factors. By making this information readily available to the public and industry stakeholders, trust can be fostered, and illicit practices can be deterred.
Centrally, the government and industry players should prioritize the diversification of energy sources as a means to reduce the country’s dependence on imported petroleum products. Investments in renewable energy technologies such as solar, wind, and hydropower can help create a more resilient energy sector that is less susceptible to global oil price fluctuations. This transition to cleaner and more sustainable energy sources will not only contribute to reducing the cost of fuel but also address environmental concerns and promote a greener economy.
Collaboration among all stakeholders is paramount in finding lasting solutions to the challenges facing the petroleum industry in Nigeria. By working together in a spirit of cooperation and shared goals, parties can identify common interests and develop mutually beneficial strategies. This may involve establishing partnerships for research and development, fostering innovation, and implementing policies that create a supportive regulatory environment for the sector.
In sum, addressing the root causes of increasing PMS prices in Nigeria requires a holistic approach that incorporates transparency, diversification, innovation, and collaboration. By embracing these principles and working together towards common objectives, the country can pave the way for a more sustainable and efficient petroleum sector that serves the needs of its citizens and contributes to long-term economic growth and development.
Exploring the realm of digital advancements, the implementation of platforms offering real-time data on fuel prices, exchange rates, and other pertinent factors emerges as a crucial strategy. By harnessing the power of technology to provide up-to-the-minute information, stakeholders can make informed decisions and adapt swiftly to market fluctuations. Furthermore, exploring the concept of stakeholder synergies illuminates the potential for collaborative efforts to drive lasting solutions and shape a sustainable future for the petroleum industry.
The implementation of digital platforms to provide real-time data on fuel prices, exchange rates, and other relevant factors can greatly enhance transparency and accountability in the petroleum industry in Nigeria. These platforms can serve as centralized repositories of information, accessible to the public, government agencies, industry players, and other stakeholders. By leveraging technology such as data analytics and artificial intelligence, these platforms can track and analyze market trends, supply chain dynamics, and regulatory developments, providing stakeholders with valuable insights to make informed decisions.
Real-time data on fuel prices can help consumers plan their purchases and budget effectively, while also enabling competition among fuel retailers, leading to fair pricing practices. Exchange rate information is crucial for understanding the impact of currency fluctuations on fuel prices, as the cost of imported petroleum products is directly influenced by currency valuations. By providing visibility into exchange rate movements, these platforms can help stakeholders anticipate price changes and manage risks associated with foreign exchange.
Moreover, these digital platforms can incorporate additional relevant factors such as global oil prices, production costs, government policies, and environmental regulations. By aggregating and analyzing these diverse data sets, stakeholders can gain a more comprehensive understanding of the factors influencing PMS prices, enabling them to identify patterns, correlations, and potential opportunities for optimization.
The notion of stakeholder synergies is essential for ensuring the effectiveness and sustainability of these digital platforms. Collaboration among government agencies, industry players, consumer groups, academia, and civil society organizations is vital to designing, implementing, and maintaining these platforms. By fostering open dialogue, sharing expertise, and aligning interests, stakeholders can co-create solutions that address the diverse needs and perspectives within the petroleum industry.
Stakeholder synergies can also enable the continuous improvement and evolution of these platforms, as feedback from users and ongoing collaboration can drive innovation and refinement. By building consensus, trust, and a sense of shared responsibility, stakeholders can work together towards common goals, such as price stability, supply chain efficiency, and environmental sustainability.
Overall, the implementation of digital platforms for real-time data on fuel prices, exchange rates, and relevant factors, combined with stakeholder synergies, can pave the way for lasting solutions in the petroleum industry in Nigeria. By leveraging technology and collaboration, stakeholders can enhance transparency, foster accountability, and drive positive change that benefits the industry, the economy, and society as a whole.
In conclusion, the implementation of digital platforms that provide real-time data on fuel prices, exchange rates, and relevant factors, combined with stakeholder synergies, can enhance fuel pricing stability in Nigeria. By leveraging technology to access timely information and fostering collaboration among stakeholders, lasting solutions can be developed to address pricing challenges in the fuel industry. Ultimately, a transparent and efficient fuel market benefits not only stakeholders in the industry but also the broader economy, promoting stability and sustainability in the long term.

♦ Professor Ojo Emmanuel Ademola is a Nigerian Professor of Cyber Security and Information Technology Management, and holds a Chartered Manager Status, and by extension, Chartered Fellow (CMgr FCMI) by the highly Reputable Royal Chartered Management Institute. 

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The Leadership Deficit: Why African Governance Lacks Philosophical Grounding

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Leadership across nations is shaped not only by policies but by the quality of the individuals at the helm. History has shown that the most transformative leaders often draw from deep wells of ethical, philosophical, and strategic thought. Yet, in many African countries—and Nigeria in particular—there appears to be a crisis in the kind of men elevated to govern. This deficit is not merely political; it is intellectual, philosophical, and deeply structural.

There is a compelling correlation between the absence of foundational wisdom and the type of leaders Nigeria consistently produces. Compared to their counterparts in other parts of the world, Nigerian leaders often appear fundamentally unprepared to govern societies in ways that foster justice, progress, or stability.

Consider the Middle East—nations like the UAE and Qatar—where governance is often rooted in Islamic principles. While these societies are not without flaws, their leaders have harnessed religious teachings as frameworks for nation-building, modern infrastructure, and citizen welfare. Ironically, many of Nigeria’s military and political leaders also profess Islam, yet the application of its ethical standards in public governance is nearly non-existent. This raises a troubling question: is the practice of religion in African politics largely symbolic, devoid of actionable moral guidance?

Take China as another case study. In the last four decades, China’s leadership has lifted over 800 million people out of poverty—an unprecedented feat in human history. While authoritarian in structure, China’s model demonstrates a deep philosophical commitment to collective progress, discipline, and strategic long-term planning. In Western democracies, especially post-World War II, leaders often emerged with strong academic backgrounds in philosophy, economics, or history—disciplines that sharpen the mind and cultivate vision.

In stark contrast, African leaders—particularly in Nigeria—are more often preoccupied with short-term political survival than long-term national transformation. Their legacy is frequently one of mismanagement, unsustainable debt, and structural decay. Nigeria, for example, has accumulated foreign loans that could take generations to repay, yet there is little visible infrastructure or social development to justify such liabilities. Inflation erodes wages, and basic public services remain in collapse. This cycle repeats because those in power often lack not just technical competence, but the moral and intellectual depth to lead a modern nation.

At the heart of the crisis is a lack of philosophical inquiry. Philosophy teaches reasoning, ethics, and the nature of justice—skills that are essential for public leadership. Nigerian leaders, by and large, are disconnected from such traditions. Many have never seriously engaged with political theory, ethical discourse, or economic philosophy. Without this grounding, leadership becomes a matter of brute power, not enlightened governance.

The crisis of leadership in Africa is not solely one of corruption or bad policy—it is one of intellectual emptiness. Until African nations, especially Nigeria, begin to value and cultivate leaders who are intellectually rigorous and philosophically grounded, the continent will remain caught in cycles of poverty and poor governance. True leadership requires more than charisma or military rank—it demands the wisdom to govern a society with justice, vision, and moral clarity. Without this, the future remains perilously fragile.

♦ Dominic Ikeogu is a social and political commentator based in Minneapolis, USA.

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The Changes of Power, Turning of Seasons, and Flipping of Tables in the Digital Age

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In the dynamic landscape of the 21st century, the digital age stands as a powerful force of transformation—overhauling power structures, redefining the rhythms of progress, and dismantling the enduring legacies of colonialism and post-colonialism. This moment transcends technological change for Nigeria and the Global South; it represents a decisive socio-political and economic reawakening.

Power: From Centralised Control to Distributed Influence

Throughout Nigeria’s history, power has frequently been concentrated in political capitals, economic hubs, and within elite groups. This has often left many feeling marginalised. However, the rise of the digital age brings with it a hopeful shift. With tools like social media, blockchain technology, and digital currencies, individuals and communities are finding their voices and challenging traditional power structures. This new era provides an opportunity for empowerment, allowing more people to participate in shaping their own destinies and fostering a more inclusive future.

In Nigeria, there has been a remarkable shift as tech-savvy youth movements gain momentum, catalysing a new wave of digital activism that challenges traditional structures of power. These young innovators are leveraging technology to foster social change, raising awareness on critical issues ranging from governance to human rights. Furthermore, the fintech landscape has experienced significant advancements, with mobile banking and cryptocurrency adoption becoming increasingly prevalent. These innovations empower individuals, particularly in underserved communities, by providing them with greater access to financial services and opportunities for economic growth.

The influence once monopolised by a select few is gradually being redistributed as smartphones and affordable data plans become more accessible to the general populace. This technological democratisation allows the digital citizen to shift from being a passive consumer of information to an engaged participant in public discourse. They are now equipped to voice their opinions, mobilise for causes, and hold those in power accountable, effectively transforming the way societal issues are addressed in the country. Through these dynamic changes, the fabric of Nigerian society is evolving, driven by the collective efforts of its digitally empowered youth.

Seasons: The Rhythms of Change in a Connected World

The evolution of development in the Global South has historically been heavily influenced by external factors, such as donor agendas, foreign direct investments, and fluctuations in global market trends. These influences often shape the priorities and paths of growth in these regions, limiting local agency and innovation. However, a significant transformation is taking place today.

Nigeria’s tech ecosystem is uniquely evolving, particularly in areas like Yaba, which has earned the nickname “Nigeria’s Silicon Valley.” This region is becoming a dynamic hub for startups and entrepreneurial activities. In the capital city of Abuja, there is also a rising number of innovation centres and incubators that promote creativity and drive technological progress.

The shift signifies an inspiring independence from traditional external influences, as Nigerian entrepreneurs, developers, and innovators boldly take the lead in shaping their local landscapes and steering their own developmental agendas. This dynamic change is set to redefine the development narrative in the region, celebrating local talent and solutions that directly address the unique needs of the Nigerian market.

We are experiencing a positive transformation towards self-determination. Local startups are actively addressing community challenges through agricultural technology that enhances food security or educational platforms that make learning accessible to all. This transitional phase marks a move from waiting to a proactive era of building and innovation.

Tables: Disruption and Reconfiguration of Norms

The metaphorical tables that represent power dynamics, social privilege, and established policies are undergoing a significant transformation. In this digital age, the nature of discourse is anything but courteous; it is fundamentally disruptive. This shift challenges long-standing norms and traditions that have persisted for years. The rapid advancement of technology is not merely an evolution but a revolution that brings to light various inefficiencies that have long gone unacknowledged.

The text highlights a rising demand for accountability among individuals and institutions in today’s society. As traditional structures come under scrutiny, there is an increasing expectation for transparency and responsibility, reflecting the evolving dynamics of our world.

In Nigeria, digital platforms’ impact is unmistakable; they have unveiled corruption, galvanised protests, and transformed the landscape of entrepreneurship. The youth are not merely seeking seats at the table but constructing entirely new ones. Through this bold action, they are reshaping the very definitions of leadership, innovation, and progress.

Challenges and Opportunities

This transformation comes with challenges, but we are more than capable of overcoming them. We can bridge digital divides, address cybersecurity threats, and reshape regulatory frameworks to match the pace of innovation. These challenges are not obstacles; they are our call to action to co-create an inclusive, secure, and locally relevant future.

Nigeria stands at an exciting crossroads, with a tremendous opportunity to boost its investments in crucial areas like digital literacy, technological infrastructure, and policy reform. By strongly emphasising digital literacy, we can equip our citizens with the essential skills to navigate today’s dynamic digital world, leading to a more informed and empowered workforce ready to tackle future challenges.

Enhancing our technological infrastructure is of paramount importance, as it involves developing reliable internet connectivity and providing access to the latest digital tools and technologies. We can create a more robust and efficient ecosystem that supports businesses, education, and communication by prioritising these upgrades. This transformation is expected to significantly drive economic growth by attracting both local and foreign investments.

Improved technology is set to drive innovation across multiple sectors in Nigeria, allowing both entrepreneurs and established businesses to introduce fresh ideas and solutions. By harnessing this potential, Nigeria can enhance its position in the global marketplace, becoming a competitive entity ready to embrace emerging trends and opportunities in the digital age.

Moreover, countries in the Global South have a remarkable opportunity to unite through cross-border collaboration! By sharing knowledge and best practices, we can bolster our resilience against global challenges while amplifying our collective voice in international tech governance.

This collaborative spirit enables us to formulate a comprehensive strategy that effectively addresses the diverse needs of local communities. By fostering open dialogue and partnership, we can ensure that the perspectives and experiences of the Global South play a crucial role in shaping global technological standards and policies. It’s essential that these voices are heard and considered in discussions that impact the future of technology. Together, through cooperation and shared vision, we can pave the way for a brighter, more inclusive technological future that benefits everyone, regardless of geographic or economic barriers.

The digital age is our current reality, giving Nigeria and the Global South an opportunity to shift from passive technology consumers to active creators of innovative solutions. This transformation is crucial for these regions to assert their place in global innovation.

Local entrepreneurs and startups must embrace digital tools to unlock their potential and create innovative solutions for their unique challenges. This proactive approach fosters economic growth and a strong culture of entrepreneurship and collaboration across education, business, and government.

Conclusion: A New Dawn

The time for the Global South to shine is now. These regions can drive social change and economic empowerment by creating local technologies that tackle local and global challenges. Nigeria and its counterparts must seize this moment to emerge as leaders in global innovation.

As the seasons change and the tables turn, we confidently embrace the transformations of power. The future is not just digital—it is unequivocally African, undeniably Southern, and ours to shape and define.

♦ Professor Ojo Emmanuel Ademola is a Nigerian Professor of Cyber Security and Information Technology Management, and holds a Chartered Manager Status, and by extension, Chartered Fellow (CMgr FCMI) by the highly Reputable Royal Chartered Management Institute. 

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Anthony Obi Ogbo

When Dictators Die, Their Victims Don’t Mourn

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“Buhari’s legacy is not a national treasure—it is a cautionary tale of tyranny cloaked in uniform and democracy.” —Anthony Obi Ogbo

In many cultures, including mine, it’s considered immoral to speak ill of the dead. But tradition should never demand silence in the face of truth, especially when that truth is soaked in blood, broken promises, and the battered dignity of a nation. General Muhammadu Buhari, former military dictator and two-term civilian president of Nigeria, has finally departed this world. He died in London, a city he frequented not as a diplomat or global statesman, but as a medical tourist—fleeing the ruins of a healthcare system he helped wreck with decades of authoritarianism, tribalism, and economic blundering.

Muhammadu Buhari emerged from the rotten womb of Nigeria’s corrupt military order — a regime where brute force outweighed intellect, and the rattle of an AK-47 silenced the rule of law. In this twisted hierarchy, competent officers were buried in clerical backrooms while semi-literate loyalists were handed stars, stripes, and unchecked authority. It was a theater of mediocrity, where promotion favored obedience over merit and ignorance was rewarded with rank. Within this structure of absurdity, Buhari thrived — a man with no verifiable high school certificate, yet elevated above the constitution, above accountability, and tragically, above the very people he was meant to serve. He didn’t just symbolize the decay; he was its product and its champion.

Let’s not sugarcoat his legacy. Buhari was no hero. He was a man whose grip on power twice disfigured Nigeria’s soul — first with military boots from 1983 to 1985, then under the guise of democracy from 2015 to 2023. His government jailed journalists, brutalized citizens, crippled the economy, and widened tribal divisions with unapologetic bias. His infamous Decree No. 2 sanctioned indefinite detentions. His so-called “War Against Indiscipline” terrorized the innocent. His economic policies were textbook disasters.

Buhari governed with the cold logic of a tyrant who believed brute force was a substitute for vision — and silence a substitute for accountability. The Southeast, in particular, bore the brunt of his vengeance-laced leadership. His disdain for the Igbo people was barely concealed, a poisonous remnant of civil war bitterness he never let go. In his death, that venom remains unresolved, unrepentant.

Let the record reflect that many of us do not weep. We remember.

Even more damning is the legacy of hypocrisy. After decades in power and access to untold national wealth, Buhari could not trust the hospitals he left for ordinary Nigerians. He died where he lived his truth — in exile from the very system he swore to fix. That is not irony. That is an indictment.

And now, as scripted eulogies pour in — from paid loyalists, political survivors, and the ever-hypocritical elite — let us not be fooled by the hollow rituals of state burials and national mourning. Let the record reflect that many of us do not weep. We remember.

  • We remember the students gunned down.
  • The protesters beaten in the streets.
  • The journalists silenced.
  • The dreams buried beneath military decrees and broken campaign promises.

We remember that Buhari was not simply a failed leader — he was a deliberate one, whose failings were not accidents but strategies.

And so, here lie the cold remains of one of Nigeria’s most divisive and mean-spirited leaders — a man who brutalized the democratic process with the precision of a tyrant and the coldness of a man utterly void of remorse. As Muhammadu Buhari begins his final, silent descent into the earth, one can only imagine him entering eternity still questioning the justice of creation: Why did God make women? Why did He place oil in the Niger Delta and not in Daura? And why, of all things, did He dare to create tribes outside the Fulani?

It is not my job to mourn a dictator. My duty is to chronicle them — how they ruled with iron fists, trampled their people, choked the press, and finally died, not as legends, but as small men stripped of all illusions. Dictators are counterfeit gods, tormenting peaceful nations while their delusions last. But sickness humbles them. Death silences them. And in the end, all their grandstanding collapses like dust in a grave.

As a journalist, I will record Buhari’s death with precision, not reverence. I will report the pomp, the propaganda, and the hollow eulogies that will rain down like cheap perfume on a corpse. I will write the truth, because history must never confuse power with greatness — especially when evil wore both the uniform and the ballot.

Let the living learn. Let the wicked sleep. And let the truth outlive them all.

I will not mourn a man who ruled through fear and died surrounded by foreign doctors while his people die waiting in overcrowded hospital corridors. I will not pretend this is a time for unity or healing. This is a time for reckoning. For too long, Nigeria has recycled tyrants and renamed oppression “leadership.” Buhari’s death should not be a moment of forced reverence but a pause for honest reflection. Let his final chapter be a lesson carved into our collective memory: that power without purpose, and rule without empathy, always ends in disgrace. History should not be kind to tyrants simply because they are no longer breathing. If we are ever to break the chains of corruption and cruelty, we must bury the lies with the bodies — and speak truth, even at the graveside. Let the living learn. Let the wicked sleep. And let the truth outlive them all.

♦Publisher of the Guardian News, Professor Anthony Obi Ogbo, Ph.D. is on the Editorial Board of the West African Pilot News. He is the author of the Influence of Leadership (2015)  and the Maxims of Political Leadership (2019). Contact: anthony@guardiannews.us

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