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Energy Stakeholders Hail NMDPRA for Strengthening Transparency in Aviation Fuel Market
…Say Timely Disclosure on Jet A1 Pricing and Supply Has Helped Avert Operational Disruption by Airlines
An oil sector advocacy group has commended the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for stabilising the aviation fuel market, saying the regulator’s recent intervention helped to ease tensions across the aviation sector and avert a potential disruption to air travel operations.
In a statement issued on Tuesday, the Centre for Energy Market Integrity and Sustainability (CEMIS) said the NMDPRA’s clarification on fuel availability and pricing came at a critical moment when uncertainty over Jet A1 costs had heightened anxiety among airline operators and industry stakeholders.
The statement, signed by the centre’s executive director, Dr. Tunde Adeyemi, noted that confirmation of over 70 days of aviation fuel sufficiency reflects a strong supply position and underscores the resilience of Nigeria’s downstream petroleum framework.
Adeyemi said the regulator’s data-backed disclosure helped to counter widespread speculation, including claims of a possible surge in aviation fuel prices to unsustainable levels, which had triggered concerns about flight disruptions and fare increases.
“The timely intervention by the Authority provided much-needed clarity and helped to calm frayed nerves within the aviation ecosystem. At a time when misinformation could easily have escalated into a crisis, the regulator chose transparency and facts, which is commendable,” Adeyemi said.
He added that aviation fuel remains one of the most significant cost drivers for airlines in Nigeria, making stability in supply and pricing critical to the sustainability of the sector.
According to him, the NMDPRA’s emphasis on the deregulated nature of the Jet A1 market is also important in shaping realistic expectations among stakeholders, noting that pricing is influenced by global oil trends, foreign exchange fluctuations, and logistics costs.
“It is essential for industry players to understand that aviation fuel pricing is not arbitrary but driven by market dynamics. What the regulator has done is to provide a clear picture of the situation, which helps to guide informed decision-making,” he observed.
The group also pointed to the role of domestic refining in moderating fuel prices, describing it as a positive development that could reduce Nigeria’s exposure to external shocks.
CEMIS said indications that locally refined aviation fuel is being sold at rates slightly below international benchmarks highlight the growing impact of domestic capacity on price stability.
The centre further commended the NMDPRA’s commitment to monitoring supply and pricing trends nationwide, noting that proactive oversight is key to preventing profiteering and ensuring that consumers are not subjected to undue costs.
It urged stakeholders across the aviation fuel value chain to engage constructively and avoid amplifying unverified claims that could distort market realities or undermine confidence in the sector.
“Responsible engagement is critical at this time. All parties must work together to sustain stability and ensure that the gains recorded are not reversed by panic or misinformation.”
Adeyemi also praised the leadership of Engr. Saidu Aliyu Mohammed, the Authority Chief Executive (ACE), for what he described as a steady and reassuring approach to regulation.
“Engr. Saidu Aliyu Mohammed has demonstrated that calm, informed leadership can make a significant difference in moments of uncertainty. His approach to addressing the aviation fuel concerns reflects a commitment to transparency, coordination, and market stability, which has helped to reinforce confidence in the regulatory system,” he said.
CEMIS called on the federal government to continue supporting regulatory institutions in the energy sector, stressing that strong oversight and consistent policies are essential to sustaining progress.
The group maintained that the recent intervention by the NMDPRA highlights the critical role of effective regulation in safeguarding both economic activity and public confidence, particularly in sectors as interconnected as energy and aviation.
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No Winners, No Losers: Canada vs Bosnia Ends Even
The World Cup clash between Canada and Bosnia and Herzegovina ended in a stalemate yesterday, with both teams unable to find a decisive breakthrough. The match, played under high tension and watched by thousands of fans worldwide, finished with no winners and no losers.
Canada entered the game with confidence after a spirited performance in their opening fixture. Bosnia and Herzegovina, equally determined, sought to assert themselves as a formidable force in the group stage. From the first whistle, both sides displayed intensity, pressing hard and contesting every ball.
The first half was marked by Canada’s aggressive approach. Their midfield controlled possession, moving the ball quickly and forcing Bosnia’s defense into constant action. Jonathan David threatened with sharp runs behind the backline, but Bosnia’s goalkeeper stood firm, denying Canada’s best chances.
Bosnia responded with counterattacks that tested Canada’s defense. Edin Džeko, the veteran striker, led the line with composure, holding up play and creating openings. His effort midway through the half forced Canada’s goalkeeper into a crucial save, keeping the score level.
The second half mirrored the first, with both teams trading opportunities but failing to convert. Canada’s Alphonso Davies surged down the left flank, using his pace to unsettle Bosnia’s defenders. His crosses, however, lacked the finishing touch. Bosnia’s midfield, led by Miralem Pjanić, slowed the tempo and dictated play, but their shots from distance failed to trouble the Canadian keeper.
As the match wore on, fatigue set in. Both sides tightened defensively, unwilling to risk conceding late. The crowd urged for a breakthrough, but neither team could deliver. The referee’s final whistle confirmed a draw that reflected the balance of play.
For Canada, the result was bittersweet. They showcased energy and determination but lacked clinical finishing. Their coach emphasized the need for sharper execution in front of goal, noting that the team must convert chances to progress further in the tournament.
Bosnia and Herzegovina, meanwhile, expressed satisfaction with the point earned. Their defensive resilience and tactical discipline kept Canada at bay. The coach praised his players for their composure under pressure, highlighting the importance of remaining unbeaten in the group stage.
The draw leaves both teams with work to do. Canada must refine their attacking edge, while Bosnia must find greater creativity in the final third. With group standings still open, every point matters, and this result ensures both sides remain in contention.
Fans in Nigeria and across the globe witnessed a contest defined by grit rather than goals. The match may not have produced a winner, but it delivered drama, tension, and a reminder of football’s unpredictability.
As the World Cup continues, Canada and Bosnia will look ahead to their next fixtures, determined to turn resilience into victory. Yesterday’s encounter proved that in football, sometimes balance is the story, and sometimes a draw is the truest reflection of two evenly matched teams.
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Czechia’s Return to World Cup Ends in Defeat to South Korea
Czechia’s long-awaited return to the FIFA World Cup ended in heartbreak yesterday as South Korea fought back to secure a 2-1 victory in Guadalajara. The Group A opener delivered drama, intensity, and a reminder of how unforgiving the global stage can be.
The match began with Czechia showing intent. Their midfield pressed high, forcing South Korea into early defensive errors. The European side’s energy paid off in the 59th minute when Ladislav Krejčí rose above his marker to head home the opener. It was a moment of joy for Czechia, back in the World Cup after a 20-year absence.
But the lead did not last. South Korea, known for resilience, responded swiftly. Just eight minutes later, Hwang In-beom struck from the edge of the box, curling a precise shot past the Czech goalkeeper. The equaliser shifted momentum, silencing Czechia’s supporters and igniting the Korean contingent inside the stadium.
The decisive blow came in the 80th minute. Substitute Oh Hyeon-gyu capitalised on a defensive lapse, slotting calmly into the net to complete the turnaround. His goal sealed South Korea’s victory and underlined their reputation as a team that thrives under pressure.
Czechia tried to rally in the closing stages, but their attacks lacked sharpness. South Korea’s disciplined defence absorbed the pressure, ensuring the scoreline remained unchanged until the final whistle.
The statistics told the story of South Korea’s dominance. They controlled 61.5 percent of possession, completed more passes, and created twice as many chances. Czechia, despite their spirited start, struggled to maintain rhythm once South Korea found their stride.
For Czechia, the defeat was a bitter reminder of the challenges of competing at the highest level. Their return to the World Cup was supposed to signal a new era, but the loss leaves them with work to do if they hope to progress from Group A.
South Korea, meanwhile, celebrated a crucial win. With Mexico also victorious in their opener, the Koreans know every point matters in a tightly contested group. Their comeback showcased tactical patience and mental strength, qualities that could carry them deep into the tournament.
The atmosphere in Guadalajara was electric. Nearly 45,000 fans filled the stadium, creating a vibrant backdrop for the clash. South Korea’s supporters erupted in joy at the final whistle, while Czechia’s fans left subdued, reflecting on what might have been.
Looking ahead, Czechia face South Africa in Atlanta on June 18. It is a must-win fixture if they hope to keep their campaign alive. South Korea will meet hosts Mexico the same day in Zapopan, a match that promises fireworks given both sides’ winning starts.
This result sets the tone for Group A. South Korea have announced themselves as serious contenders, while Czechia must regroup quickly. The World Cup is unforgiving, and yesterday’s match proved that momentum can shift in an instant.
For Nigerian fans following the tournament, the lesson is clear: resilience often defines success at the World Cup. South Korea’s comeback was not just about skill but about belief, a quality every team must carry into the knockout rounds.
As the tournament unfolds, Czechia’s story will be one to watch. Will they recover from this setback, or will their return end in disappointment? For now, South Korea stand tall, their victory a statement of intent in Mexico.
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Group Lauds House of Reps, Pondi Over Bill to Improve Funding for SSDC
*Calls legislation a historic moment for rapid development in the South South
The Amalgamated Coalition of Activists in Nigeria and Diaspora (ACAND) has commended the House of Representatives for passing for second reading a bill seeking to strengthen the funding framework of the South South Development Commission (SSDC).
The group also praised the sponsor of the bill, Hon. Julius Pondi representing Burutu Federal Constituency of Delta State in the House, describing the proposed legislation as a bold and timely intervention by the lawmaker that could accelerate development across the South South region.
In a statement issued on Thursday by its President Lucky Efe, ACAND said the move to provide additional funding for the SSDC represents a historic moment in the quest to address longstanding infrastructural deficits and socio-economic challenges confronting communities in the region.
According to the group, improved funding would enhance the commission’s capacity to execute critical development projects in areas such as roads, education, healthcare, youth empowerment, environmental remediation and economic growth.
“Today marks a significant milestone in the development trajectory of the South South region. The passage of this bill for second reading demonstrates the commitment of the House of Representatives to ensuring that the SSDC is adequately equipped to fulfil its mandate,” the statement said.
The coalition particularly commended Hon. Pondi for championing the amendment, noting that the lawmaker had shown foresight and dedication to the welfare and development of the people of the South South.
It said the region, despite its immense contribution to the nation’s economy, continues to grapple with infrastructure gaps and developmental challenges that require sustained intervention and adequate funding.
“By seeking to expand the funding base of the commission, Hon. Julius Pondi has taken a strategic step towards ensuring that the SSDC can deliver impactful projects that will improve the lives of millions of people across the South South,” the group added.
ACAND urged lawmakers in both chambers of the National Assembly to support the bill through subsequent legislative stages to facilitate its eventual passage and implementation for the development of the region.
The coalition expressed optimism that the proposed amendment would provide the commission with the financial strength needed to accelerate development, create jobs, improve public infrastructure and promote sustainable growth across the region.
It further called on stakeholders, traditional institutions, civil society organisations and community leaders to rally support for the initiative, describing it as a critical investment in the future of the South South.
The House of Representatives had on Wednesday passed for second reading a bill seeking to amend the South South Development Commission Act, 2025, to provide additional funding for the commission.
Leading the debate on the bill, its sponsor, Hon. Julius Pondi, said the amendment was aimed at strengthening the commission’s financial base to enable it undertake more developmental projects and effectively tackle infrastructural challenges in the South South region.
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