Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has reaffirmed his pledge to restore fuel subsidy if elected president in the 2027 general election, insisting that his position has not changed despite recent comments attributed to one of his media aides. Speaking during an interview on Channels...
fuel subsidy removal
Former Vice President and Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, has clarified that his proposed petroleum intervention is not a return to Nigeria’s discredited import-subsidy regime, but targeted support for domestic production designed to reduce the cost of living. In a statement issued on Tuesday...
Nigeria Employers’ Consultative Association (NECA) has called on state and local governments to publicly account for the ₦10.4 trillion they received from funds generated after the removal of the petrol subsidy. The association made the demand after the Minister of Finance and Coordinating Minister of the Economy, Wale Edun...
A citizens’ group has thrown its weight behind President Bola Ahmed Tinubu’s oil and gas reforms, describing them as courageous and necessary steps toward ensuring Nigeria’s long-term economic sustainability despite their initial hardships. Co-Convener of the 1st Citizens Engagement Conference (North-West Edition), Mallam Nasir AbdulQuadri, stated this on Monday...
A former Presidential spokesperson, Dr Doyin Okupe, on Tuesday said he was not in agreement with Alhaji Aliko Dangote’s call for complete removal of subsidy. Okupe expressed the position in an interview with the News Agency of Nigeria(NAN) in Lagos. NAN reports that Dangote, owner of the 650,000 barrels...
Commissioner of Police in Lagos State, Mr Adegoke Fayoade, on Sunday charged intending protesters not to violate the rights of others while carrying out their protest for any reason. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had scheduled a nationwide strike for Feb. 27...
The African Development Bank (AfDB) has raised an alarm that rising prices of fuel and other commodities could lead to social unrest in Nigeria, Ethiopia, Angola and Kenya. The AfDB sounded the warning in its macroeconomic performance and outlook for 2024 in which it projected Africa’s economy to...
President Bola Tinubu recently declared that he should be included in the Guinness Book of Records for having the guts to remove fuel subsidy on his first day in office—something that no other Nigerian president has ever done. Yes, he does deserve a spot like that, but sadly,...
Gov. Dapo Abiodun of Ogun on Tuesday said the state would soon inaugurate trucks and motorbikes powered by alternative sources of energy. Abiodun stated this while declaring open the 18th National Council of Transportation conference, holding at the June 12 Cultural Centre, Abeokuta. The theme of the conference...
Gombe State Governor, Inuwa Yahaya, on Tuesday, said Nigerians would soon enjoy the gains of fuel subsidy removal . Governor Yahaya stated this in Gombe while inaugurating the phase two of the state’s palliative distribution to residents of the state. He stated that President Bola Tinubu, in...
The Minister of Finance, Mr Wale Edun, has said that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from average of N650 million monthly to over N1 trillion in the last four months. The minister stated this on Monday in Asaba at...
By PATRICK ABANG, Calabar – In order to cushion the effect of petrol subsidy removal, a charity organization; Florence Agogo Foundation has awarded bursary to over fifty (50) indigent students across the eighteen (18) Local Government Area of Cross River State.s Speaking at a dinner night and the scholarship...
The meeting between the Federal Government and the labour unions have started at the Presidential Villa, Abuja with the aim of averting the industrial action planned by the unions. The News Agency of Nigeria (NAN) reports that a scheduled meeting at the villa on Friday was cancelled when...
Sultan of Sokoto and President-General, Supreme Council for Islamic Affairs (NSCIA), Alhaji Sa’ad Abubakar, has appealed to labour unions to shelve the nationwide strike slated to commence on Tuesday, Oct. 3. The News Agency of Nigeria (NAN) reports that the unions have fixed the date to embark on an...
A former Zamfara Governor, Sen. Abdul’aziz Yari (APC/Zamfara West), has donated 145 trailer loads of maize as palliative to people of the state. A former APC Chairman in the state, Alhaji Lawal Liman, stated this in Gusau on Sunday after meeting with members of the distribution committee....
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Zulum, has unveiled a new fleet of 70 buses for metro transport and to ease the movement of civil servants to their various places of work. The initiative aims to alleviate the burden of commuting for both government...
Former Ekiti State Governor, Kayode Fayemi, says the protest launched against the fuel subsidy removal during the administration of former President Goodluck Jonathan in 2012 was mere politics. Fayemi stated this while delivering his keynote address at a national dialogue organized to celebrate the 60th birthday of the...
The Sokoto State Government has approved N20.3 billion for the purchase of food stuffs to caution the effect of fuel subsidy removal and other projects in the state. Alhaji Jabir Mai-Hula, the state Commissioner for Religious Affairs, made this known to newsmen after the maiden Executive Council meeting...
Akwa-Ibom State Governor, Umo Eno, has called on Nigerians to embrace agriculture, saying that it provides a lasting solution to fuel subsidy removal. Governor Eno made the call on Friday during the September edition of the monthly Covenant Service at the Government House Banquet Hall, Uyo. He...
The Nigeria Labour Congres (NLC) has declared a two-day warning strike, beginning on Tuesday, September 5, in protest against the Federal Government for failing to address the challenges caused by the removal of fuel subsidy. The NLC President, Joe Ajaero, made the declaration on Friday during a press...