International crude oil prices have risen above $100 per barrel, prompting major marketers in Nigeria to increase petrol pump prices. The development is creating fresh pressure on transporters, commuters, households and businesses. Meanwhile, the Dangote Petroleum Refinery has opened a landmark N2.15 trillion initial public offer. As primary and secondary schools reopen, parents and guardians face higher school fees, with most private schools raising fees by between 30 and 40 per cent. The Guardian also reports that Nigeria's N144 billion Safe Schools Initiative has failed to calm security fears, while The Punch reports that the Federal Government plans to submit the 2027 budget proposal to the National Assembly in September.
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