Good morning, Nigeria. Welcome to the Naturenex roundup of today’s most significant stories making the rounds across the country this Sunday, May 4th, 2025.
1. Petrol Price Drops Again as NNPCL Adjusts Rates Amid Market Pressure
The Nigerian National Petroleum Company Limited (NNPCL) has reduced its retail pump price for Premium Motor Spirit (PMS), commonly known as petrol.
This latest development, as reported by Naturenex, reflects a ₦20 drop in the state-owned company’s pricing structure, sparking heavy traffic at its filling stations by motorists seeking to take advantage.
Industry insiders link this adjustment to the fierce competitive pricing tactics currently shaping the downstream petroleum market.
According to Daily Post findings, MRS stations and partners of Dangote Refinery have equally responded, pegging petrol prices at ₦910 per litre, following Dangote Refinery’s earlier decision to lower its ex-depot rate to ₦835 per litre. Other marketers — AP (Ardova), Heyden, Optima Energy, Hyde, and Techno Oil — are offering between ₦890 and ₦920 in major cities like Lagos and Abuja.
2. Storm Brews in NNPCL as EFCC Probes Mele Kyari, Top Executives Over Fund Misuse
Fresh revelations have emerged indicating that the Economic and Financial Crimes Commission (EFCC) is digging deep into alleged financial mismanagement involving Mele Kyari, the former Group Chief Executive Officer of NNPCL, along with thirteen other top-ranking officials.
As gathered by Naturenex from a confidential Punch document dated April 28, 2025, the probe focuses on suspected abuse of office and financial misconduct.
Among those named are Abubakar Yar’Adua, Isiaka Abdulrazak, Umar Ajiya, Dikko Ahmed, Ibrahim Onoja, Ademoye Jelili, Mustapha Sugungun, Kayode Adetokunbo, Efiok Akpan, Babatunde Bakare, Jimoh Olasunkanmi, Bello Kankaya, and Desmond Inyama.
While the EFCC has requested certified details of their benefits and allowances, NNPCL’s spokesperson, Olufemi Soneye, remains tight-lipped on the matter, fueling concerns about the corporation’s transparency.
3. PDP’s Future Not Tied to Atiku, Says Ogidi Amidst Exit Fears
Amid speculations over Atiku Abubakar’s possible exit from the Peoples Democratic Party (PDP), South South PDP leader, Emma Ogidi, insists the party’s survival doesn’t hinge on one individual.
Speaking to Vanguard, Ogidi acknowledged Atiku’s mentorship within the party but expressed confidence in PDP’s resilience. “It is worrisome that the beneficiaries are leaving… but one thing I know and have at the back of my mind is that PDP will not die. I strongly believe it.”
He confirmed that internal reconciliation was underway, with crucial decisions expected post-NEC meeting.
4. Defection Drama Looms as Akwa Ibom PDP Leaders Eye APC
A fresh wave of defections threatens to rattle the PDP, particularly within its Board of Trustees, as political heavyweights plot moves to the ruling APC.
Former Senator Effiong Bob is reportedly on the verge of switching camps after nearly three decades in PDP. According to insiders quoted by The Nation, unresolved power struggles and fears of a repeat of the Zamfara political fiasco drive the decision.
Adding to the intrigue, Governor Umo Eno of Akwa Ibom is rumored to be contemplating a similar switch. “The Governor has been holding private meetings and is already leaning toward the APC. He’s just waiting for the nod from his predecessor (Udom Emmanuel),” an insider disclosed.
5. ‘An Embarrassment’ — Wike Blasts Protest Against First Lady’s Representative in Rivers
FCT Minister, Nyesom Wike, has condemned the disruptive walkout staged by women loyal to Rivers State’s suspended Governor, Siminalayi Fubara, at an empowerment program in Port Harcourt.
Naturenex recalls that the protest erupted as participants rejected Theresa Ibas, wife of the interim Rivers administrator, who was standing in for First Lady Oluremi Tinubu.
Wike, through aide Lere Olayinka, called the incident “very disturbing and embarrassing,” adding, “Insulting anyone representing the First Lady of Nigeria in an event is a direct insult on the office of the President… I apologize.”
6. Nation’s Leaders Bid Farewell to Pa Ayo Adebanjo
A galaxy of prominent Nigerians gathered in Ogun State on Saturday for the funeral of revered elder statesman, Pa Ayo Adebanjo, who passed away in February at 96.
Dignitaries at St. Phillip Anglican Church, Isanya Ogbo, included ex-President Olusegun Obasanjo, former VP Yemi Osinbajo, Peter Obi, Governors Babajide Sanwo-Olu, Seyi Makinde, and CBN Governor Yemi Cardozo, among others.
Ogun State Governor Dapo Abiodun described Adebanjo as a principled leader and “dogged fighter” for true federalism.
7. Is Nigeria Truly Making Progress? — Gov. Makinde Challenges Leaders
Oyo State Governor, Seyi Makinde, has posed a hard-hitting question to Nigerians, asking if the nation is genuinely advancing.
In his weekly newsletter, the PDP governor urged reflection: “Are we where we ought to be? Are we building a Nigeria where the next generation can dream without limits?”
He stressed the necessity of honest leadership focused on nation-building and citizens’ welfare.
8. Two Military Officers Nabbed for Aiding Terrorists in Northeast
Defence Headquarters has disclosed the arrest of two military personnel allegedly collaborating with terrorists in Borno and Adamawa.
Maj. Gen. Markus Kangye, Director of Media Operations, stated that between April 26 and 29, troops apprehended these officers and other logistics suppliers in Bama, Kukawa, and Madagali.
Kangye branded the betrayal unacceptable and urged military leaders to reinforce discipline and loyalty among troops.
9. BBNaija Season 10 Auditions Go Live
Big Brother Naija organizers have officially announced that auditions for the highly anticipated Season 10 have begun.
As per Naturenex, interested Nigerians can register online between May 3 and May 7, 2025. Physical auditions will follow in three cities over three days.
The announcement reads: “Think you’ve got what it takes to be Season 10 Certified? Prove it… 3 cities. 3 days. Limited slots. Secure your spot now.”
10. Arsenal Eyes Ademola Lookman for Summer Move
Arsenal is reportedly considering Nigerian forward Ademola Lookman for a potential summer transfer.
Transfer expert Florian Plettenberg revealed via Sky Sports that Lookman, who has shone at Atalanta with 18 goals and seven assists this season, is a top target for Mikel Arteta’s side as they bolster their attack.
Sources suggest the winger might leave Atalanta after three years with Gian Piero Gasperini’s squad.
And that wraps up today’s roundup. Stay connected with Naturenex for more top stories as they break.
