Breaking news/Trending/Feature

  • Tree falls in Kwara, 2 dead, 10 injured

    Tree falls in Kwara, 2 dead, 10 injured

    0 shares
    Share 0 Tweet 0
  • Nigerian man that was beaten to death on the street in Italy

    0 shares
    Share 0 Tweet 0
  • Breaking News : STEWART EFE’S well deserved appointment as Edo State image Maker

    0 shares
    Share 0 Tweet 0
  • Biography of Edo Funk Super star- Esther .O. Edokpayi

    0 shares
    Share 0 Tweet 0
  • Stephanie O. Linus appointed as National OPS-WASH Ambassador by the Honourable Minister of Water Resources

    0 shares
    Share 0 Tweet 0
  • NAOMI GOLD- ON A RED LIGHT TALK SHOW FINGERED BY COUNSELOR

    0 shares
    Share 0 Tweet 0
  • INTERNAL SECURITY: EDO POLICE LAUNCH HOUSE-TO-HOUSE ARREST OF CULTISTS, RAID BLACKSPOTS

    0 shares
    Share 0 Tweet 0
  • BENIN KINGDOM STANDS FIRM: “NO LAND TO SPARE” FOR PROPOSED ANIOMA/TORU-EBE STATE

    0 shares
    Share 0 Tweet 0

Breaking news News

  • Tree falls in Kwara, 2 dead, 10 injured

    Tree falls in Kwara, 2 dead, 10 injured

    0 shares
    Share 0 Tweet 0
  • Nigerian man that was beaten to death on the street in Italy

    0 shares
    Share 0 Tweet 0
  • Breaking News : STEWART EFE’S well deserved appointment as Edo State image Maker

    0 shares
    Share 0 Tweet 0
  • Biography of Edo Funk Super star- Esther .O. Edokpayi

    0 shares
    Share 0 Tweet 0
  • Stephanie O. Linus appointed as National OPS-WASH Ambassador by the Honourable Minister of Water Resources

    0 shares
    Share 0 Tweet 0
https://obalandmagazine.com/wp-content/uploads/2025/10/Edos-Fight-Against-Cult-Violence.mp4

Popular News

  • Tree falls in Kwara, 2 dead, 10 injured

    Tree falls in Kwara, 2 dead, 10 injured

    0 shares
    Share 0 Tweet 0
  • Nigerian man that was beaten to death on the street in Italy

    0 shares
    Share 0 Tweet 0
  • Breaking News : STEWART EFE’S well deserved appointment as Edo State image Maker

    0 shares
    Share 0 Tweet 0
  • Biography of Edo Funk Super star- Esther .O. Edokpayi

    0 shares
    Share 0 Tweet 0
  • Stephanie O. Linus appointed as National OPS-WASH Ambassador by the Honourable Minister of Water Resources

    0 shares
    Share 0 Tweet 0

Subscribe to Obaland Magazine

Retail
Thursday, August 27, 2026
Login/Register
Advertise
  • Home
  • About Us
  • News
  • Entertainment
  • Music
  • Magazine
  • Contact us
No Result
View All Result
Obaland Magazine
No Result
View All Result
Home news

The lingering fuel crisis is gradually shooting up the inflation rate-Mr. Tsado

loveth joyce by loveth joyce
November 18, 2022
in news
0
The lingering fuel crisis is gradually shooting up the inflation rate-Mr. Tsado
Tweet
Share
Share

The People’s Democratic Party (PDP) aspirant Mr. Mathias Baba Tsado, assumed for the Bida/Gbako/Katcha federal seat in the House of Representatives in next year’s general election, has called on the Federal Government to bring to an end, the current fuel scarcity in the country which he said already taking tools on the fragile economy.

Mr. Tsado, in a statement in Minna, titled, “The current fuel scarcity and the sufferings of Nigerians”, said the lingering fuel crisis is gradually shooting up the inflation rate in the country as the transporters are now left with no choice but to adjust their transport fare in other to cope with the present reality.

YOU MAY ALSO LIKE

VeryDarkMan Talk Say Security people Dey Behind Nigeria ‘Unknown Gunmen’ Matter

lGP Olatunji Rilwan Disu Honor 10 Ekelebe Wey Bandits Kill For Kebbi State 

 

According to him, ‘this by implication will naturally affect the prices of goods and food items in the market, and this will further increase the burdens of Nigerians who are already pushed to the wall due to the current hardship in the country.’

Tsado further pointed out that the current situation also has far-reaching implications on the farmers, particularly thousands of dry season farmers across the country who largely relied on fuel for their pumping machines to irrigate their farms, adding that “this has a way of eroding the little gain so far recorded in the area of agriculture by the Federal Government”.

He sighted examples of thousands of dry season farmers in Niger state, particularly those in Bida/Gbako/Katcha federal constituency who are on the verge of abandoning their farms due to their inability to purchase fuel at the current astronomical price from the black market.

‘These farmers use pumping machines to irrigate their farms and because of the current fuel situation, some of them are on the verge of abandoning their farms. They can not afford to continue buying the commodity from the black market at an exorbitant price.’

He disclosed that many of these farmers in his constituency have reached out to him for any form of intervention since they have no other means of livelihood, adding that: ‘Many farmers have taken to dry season farming within the constituency to help them meet the rising cost of living in the country, many of them have taken loans from banks and from friends to cultivate their farms but the sudden change in fuel situation has impacted negatively on their activities.’

He then warned that the Federal Government must rise up to the occasion and address this unfortunate situation as the impact of the ongoing fuel scarcity could spell doom for the country’s food security.

‘After the devastating impact of the COVID-19 on food security globally, it would be unfortunate for the Federal Government to allow our farmers to go through another challenge that would cause more hardship for the citizens in the medium and long-term, the Federal Government must intervene on this issue to avert such hardship,’ he further warned.

Tsado nonetheless expressed regret that Nigeria as an oil-producing nation, the country still cannot afford to refine petroleum for her local consumption, insisting that ‘Nigerian deserve better than years of failed promises by career politicians, I call on Nigerians to learn from their mistakes and vote for competent people in the coming general elections.’

From John Adams, Minna

Tags: #LagosUnrest #AgegeUnrest #AgegeAbujaNigeria

Related Posts

VeryDarkMan Talk say Security people Dey Behind Nigeria ‘Unknown Gunmen’ Matter.
news

VeryDarkMan Talk Say Security people Dey Behind Nigeria ‘Unknown Gunmen’ Matter

August 25, 2026
lGP Olatunji Rilwan Disu Honor 10 Ekelebe Wey Bandits Kill For Kebbi State 
news

lGP Olatunji Rilwan Disu Honor 10 Ekelebe Wey Bandits Kill For Kebbi State 

August 25, 2026
Otu threatens To strip Traditional rulers for Recognition over communal clashes For cross River
news

Otu Threaten Say E Go Collect Traditional Rulers Certificate Because of Communal Fight for Cross River

August 25, 2026
Navy and Army intercept 8,500 litres for suspected mago fuel for lmo state, arrest three suspects
news

Navy and Army intercept 8,500 litres for suspected mago fuel for lmo state, arrest three suspects

August 24, 2026
Adeleke Thanks Tinubu for “Free and Fair” Osun Election, Calls Him “Father of the Nation
news

Adeleke Thanks Tinubu for “Free and Fair” Osun Election, Calls Him “Father of the Nation

August 21, 2026
47 Dead After Boat Capsizes in Sokoto River, Mostly Women and Children
news

47 Dead After Boat Capsizes in Sokoto River, Mostly Women and Children

August 21, 2026

Search

No Result
View All Result

Recent Posts

  • Shettima Dey find Strategic Reset for Nigeria-Thailand Relationship way go pass  Oil and Rice! August 26, 2026
  • 7UP Don Name Jochebed Angbazo as 16th Harvard Business School Scholarship Recipient! August 26, 2026
  • FG Don Launch $1bn HOPE-SP Programme to Help Poor Nigerians Stand on Their Own! August 26, 2026
  • NANS DON Reject Atiku Fuel Subsidy Plan, Dem Call for Sustainable Economic Reforms Before 2027 August 26, 2026
  • FUNKE AkINDELE, JJC SKILLZ DON SPOT EACH ODA AGAIN FOR FRANCE FAMILY HOLIDAY! August 26, 2026
  • Umahi tell Benin Asaba Road Concessionaire make dem comot for Project as Federal Government dey move to stop di bad traffic jam. August 26, 2026
  • 20 YEAR OLD MAN WEY DEM ARREST AM AFTER E ALLEGEDLY KILL E PAPA WITH MACHETE FOR ANAMBRA. August 26, 2026
  • PDP DON START 2027 PRESIDENTIAL AND NATIONAL ASSEMBLY CAMPAIGN FOR OGUN WITH BIG CROWD. August 26, 2026
  • GOVERNOR ENO TELL NYSC CORPERS: MAKE UNA HELP BUILD AKWA IBOM STATE AS UNA DEY SERVE. August 26, 2026
  • FIRE DON KILL 14 NEWBORN PIKIN FOR PAKISTAN HOSPITAL AS BLACK SMOKE FULL MATERNITY WARD. August 26, 2026

Categories

  • Community (7)
  • culture (7)
  • Education (6)
  • Electrical (17)
  • Entertainment (481)
  • fashion (13)
  • Feature (33)
  • Gist (25)
  • Gossip (36)
  • Government (380)
  • Headlines (1)
  • health (83)
  • history (13)
  • International (30)
  • INTERVIEW (9)
  • music (47)
  • Nature (5)
  • News (4,625)
  • news (2,004)
  • Non profit (19)
  • PHOTO (4)
  • Political (305)
  • press release (32)
  • Property (14)
  • review (21)
  • Science (9)
  • Sport (48)
  • Sports (320)
  • TECHNOLOGY (14)
  • Video (4)
  • world (105)

About

About Obaland Magazine

Obaland Magazine is Nigeria’s trusted source for entertainment, political, and social news. We connect readers with verified stories that matter.

Contact Us

obaland podcast radio

Obaland Podcast

Listen to engaging talk shows and interviews from Obaland Multichoice Media House.

🎧 Listen Now

Support us Today

Support Us

Your donations help us maintain free and independent journalism.

Donate Now
No Result
View All Result
  • About
  • Books
  • Checkout
  • Contact us
  • Donate
  • Donate
  • Home
  • Login
  • Magazine
  • Member Directory
  • My Profile
  • OBALAND MAGAZINE AND THE MULTICHOICE MEDIA HOUSE COVERAGE  2025 PRICE LIST
  • Order Confirmation
  • Password Reset
  • Privacy & Policy
  • Register
  • Reset Password
  • Sign Up

All right reserved© 2023 Obaland magazine

1
WhatsApp
Hello 👋
Can we help you?
Open chat