The Nigerian National Petroleum Company (NNPC) Ltd., has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the market realities. The company’s Group Chief Executive Officer, Malam Mele Kyari, stated this in an interview with newsmen shortly after a private meeting with...
fuel subsidy removal
By EMMANUEL KUJE, Abuja – The Secretary to the Government of the Federation, SGF, Senator George Akume has vouched for the commitment of President Bola Tinubu led administration to the welfare of Nigerians even as he admitted that no government is infallible. “This government will not disappoint...
The Chairman, Palliative Committee on Subsidy Removal and Kebbi Governor, Dr Nasir Idris has assured Nigerians that efforts were on to cushion the effects of the subsidy removal. The governor gave the assurance when members of the committee met in Abuja on Saturday. This is contained in a statement...
The leadership of Peoples Democratic Party (PDP) in Edo, on Thursday commended President Bola Tinubu for his decision to remove subsidy from Petrol and free-float the Naira currency.p The chairman of the State chapter of the party, Dr. Tony Aziegbemi, gave the commendation during an interactive session with journalists...
The Nigerian government and organized Labour on Monday reconvened at the Presidential Villa, Abuja, to look into ways of cushioning the effects of removal of subsidy on the Premium Motor Spirit (PMS). Mr Dele Alake, Special Adviser to the President on Special Duties, Communications and Strategy, said that steering...
The Nationacourtl Industrial Court on Monday declared that the order restraining the Nigeria Labour Congress ( NLC) and Trade Union Congress (TUC) from embarking on their planned industrial action subsists. Justice Olufunke Anuwe stated that the order as granted on June 5 subsists pending the hearing and determination of...
Nigeria, being one of the largest oil-producing countries in Africa, has historically implemented fuel subsidies to alleviate the financial burden on its citizens and ensure affordable energy costs. However, the effects of fuel subsidies extend beyond the energy sector, with potential repercussions on various industries, including real estate. This...
Engr. Ahmad Salihijo Ahmad, Managing Director/Chief Executive Officer of Rural Electrification Agency (REA), on Friday, said the Federal Government is providing solar energy alternatives to Nigerians in a bid to cushion the effect of subsidy removal on businesses and households. Ahmad who was speaking after the inspection of REA’s...
The National Population Commission (NPC), says a reliable census will immeasurably assist President Bola Tinubu in solving the socio-economics problems arising from the removal of fuel subsidy. The Federal Commissioner of NPC in Enugu State, Mr Ejike Eze, said this in Enugu on Thursday during the NPC “Breakfast Meeting with some...
The Nigeria Labour Congress (NLC) says it has proposed a wage award to the Federal Government to cushion the effects of petrol subsidy removal on workers and Nigerians. Mr Joe Ajaero, NLC President said this on Wednesday at the ongoing 111th Session of the International Labour Conference (ILC), in...
The House of Representatives has urged the Federal Government to introduce palliative measures to cushion the effects of fuel subsidy removal on Nigerians. This followed the adoption of a motion of urgent public importance by Rep. Sani Madaki(NNPP-Kano) on the floor of the House in Abuja on Wednesday. Presenting...
Chairman of All Progressives Congress (APC) in Ondo State, Mr Ade Adetimehin, has assured Nigerians that they will soon begin to reap the gains of the President Bola Tinubu-led administration ‘Renewed Hope Agenda’. Adetimehin, in his goodwill message on the 2023 Democracy Day issued in Akure, said that the pains which trailed...
Fuel station owners and pump attendants in Kano are lamenting low patronage as patrons have reduced volume of purchases following pump price increases. Pump price of petrol was increased from N195 per litre to between N540 and N570 per litre upon the pronouncement of fuel subsidy withdrawal by President...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu over “the failure to probe the allegations that USD$2.1 billion and N3.1 trillion public funds of oil revenues and budgeted as fuel subsidy payments are missing and unaccounted for between 2016 and 2019.” The...
By DAVID IORJA, Abuja – President Bola Tinubu on Friday in Abuja assured traditional rulers in the country that his administration will run an open-door policy that is ready to listen to the yearnings of Nigerians toward transforming the country’s rich potentials to reality. Speaking at an interactive session...
The Academic Staff Union of Universities (ASUU), has urged the Federal Government to rebuild the nation’s refineries with a view to reducing the negative effect of the fuel subsidy removal. The Union’s National President, Prof Emmanuel Osodeke, gave the advice on Wednesday at a Maiden Public Lecture and Groundbreaking...
President Bola Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to device an approach and begin the process of working on interventions to mitigate the impact of subsidy removal on the Nigerians. Governor of Ogun State, Dapo Abiodun, stated this after leading some...
Civil servants in Ebonyi State have appealed to the leadership of the organised labour to dialogue with the Federal Government in resolving the dispute arising from petrol subsidy removal. A cross-section of the workers, who spoke in separate interviews with the News Agency of Nigeria (NAN) said that dialogue...
The Trade Union Congress of Nigeria (TUC) has released demands it made at the meeting held with the Federal Government on Sunday over the recent fuel subsidy removal. In a statement signed by the union’s President, Mr Festus Osifo, and General Secretary, Mr Nuhu Toro on Monday, the union...
Oyo State Government on Monday set up a committee to review the N30,000 minimum wage to meet up with present day realities in view of the fuel subsidy removal. Gov. Seyi Makinde set up the committee at a meeting with the leadership of the labour unions operating in the...