Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

Afe Babalola Faults NNPC’s Petrol Sales Monopoly, Advocates Free Trade

Nnaemeka OkwarabyNnaemeka Okwara
September 22, 2024
in Business & Finance
0
Afe Babalola Faults NNPC’s Petrol Sales Monopoly, Advocates Free Trade
Share on FacebookShare on TwitterShare on Whatsapp

Aare Afe Babalola, a renowned elder statesman and Chancellor of Afe Babalola University, has criticized the Nigerian National Petroleum Corporation Limited’s (NNPC) monopoly on petrol sales from the Dangote refinery.

Babalola expressed dissatisfaction with the recent petroleum price hikes, urging the government to avoid policies that might turn Nigerians into beggars. “The government should not turn Nigerians into beggars through their policies and actions. There was no begging, no thieves in this country in those days,” he said, on Saturday, in Ado Ekiti, Ekiti State capital, after receiving the ‘Outstanding Achiever of All Times Award‘ from Ekiti Kete Coalition USA.

He advocated for free trade, encouraging Aliko Dangote to sell petrol directly to Nigerians at his own rate. “Let all those who can afford to put up refineries do so and sell to people. The prices of fuel will come down. There should be no monopoly on NNPC dictating prices.”

Babalola emphasized the need for a change of mindset and government intervention to improve Nigerians’ quality of life. “There is no country as blessed as Nigeria. There is no reason why Nigeria must not succeed.”

Ekiti Kete Coalition USA Chairman, Joe Olugbamila, praised Babalola’s role in Ekiti State’s creation and development. The group renewed its call for the Ekiti State Government to establish ‘Afe Babalola Day’ to celebrate his contributions.

Tags: Advocates Free TradeAfe BabalolaAfe Babalola Faults NNPC's Petrol Sales Monopolyfederal characterNewsnnpcpetrol
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

Related Posts

February 2026: Black Market FX Continues to Batter the Naira
Business & Finance

February 2026: Black Market FX Continues to Batter the Naira

February 4, 2026
Banknote Bouquets Could Land You in Jail, Kenya's Central Bank Warns
Business & Finance

Banknote Bouquets Could Land You in Jail, Kenya’s Central Bank Warns

February 3, 2026
Trump Bends India, Cuts Tariffs After Oil U-Turn
Business & Finance

Trump Bends India, Cuts Tariffs After Oil U-Turn

February 2, 2026
Next Post
NDLEA Arrests 38-year-Old Drug Trafficking Suspect at Kano Airport

NDLEA Arrests 38-year-Old Drug Trafficking Suspect at Kano Airport

The Hydrological Agency Raises Alarm as The River Benue Rises to Flood Levels

The Hydrological Agency Raises Alarm as The River Benue Rises to Flood Levels

Adamawa State Government Allocates N2.9 Billion for Yola Market Reconstruction

Adamawa State Government Allocates N2.9 Billion for Yola Market Reconstruction

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Actor Kalu Ikeagwu Shines at 2023 The African Film Festival

Actor Kalu Ikeagwu Shines at 2023 The African Film Festival

3 years ago
“I Wanted A Girl” – Why Tiwa Savage Struggled To Bond With Her Son

Shade Ladipo’s Emotional Message to Tiwa Savage Revealed

5 months ago
INEC Rejects Natasha Akpoti-Uduaghan’s Recall Petition Again

INEC Rejects Natasha Akpoti-Uduaghan’s Recall Petition Again

10 months ago
Only a Handful of Nigerian Artists Are Truly Earning — Ayo Animashaun

Only a Handful of Nigerian Artists Are Truly Earning — Ayo Animashaun

8 months ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump UK ukraine US
No Result
View All Result

Highlights

Ukraine Villages Empty as Russia Moves Closer

China Spy Ring Busted in France Over Military Data

Cyber War Hits Olympic Host, Italy Blames Russia

Odumeje Consoles Davido After Missing Out At 2026 Grammy Awards

Kai Cenat Makes Second Visit To Nigeria

Tonto Dikeh Shares Emotional Reunion Of Son With Ex-Husband Churchill

Trending

Slot​‍​‌‍​‍‌ Picks Style Over Silverware as Liverpool Struggle for Consistency
Sports

Slot​‍​‌‍​‍‌ Picks Style Over Silverware as Liverpool Struggle for Consistency

byHashim Kolawole
February 4, 2026
0

Arne Slot has stated that to him, playing entertaining football is more important than winning trophies, even...

Timber:​‍​‌‍​‍‌ EFL Cup Victory Could Be a Start of Arsenal's Trophy Hunt

Timber:​‍​‌‍​‍‌ EFL Cup Victory Could Be a Start of Arsenal’s Trophy Hunt

February 4, 2026
Human Rights Watch Slams Trump for Killing U.S. Democracy

Human Rights Watch Slams Trump for Killing U.S. Democracy

February 4, 2026
Ukraine Villages Empty as Russia Moves Closer

Ukraine Villages Empty as Russia Moves Closer

February 4, 2026
China Spy Ring Busted in France Over Military Data

China Spy Ring Busted in France Over Military Data

February 4, 2026

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Slot​‍​‌‍​‍‌ Picks Style Over Silverware as Liverpool Struggle for Consistency
  • Timber:​‍​‌‍​‍‌ EFL Cup Victory Could Be a Start of Arsenal’s Trophy Hunt
  • Human Rights Watch Slams Trump for Killing U.S. Democracy

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com