The Arewa Economic Forum (AEF), an economic think-tank of intellectuals and business entrepreneurs of Northern Nigeria, has reacted to the financial situation in the country and called on President Bola Ahmed Tinubu to consider reversing the fuel subsidy removal policy and halt the disbursement of excess allocations to...
fuel subsidy
The Peoples Redemption Party (PRP) has advised the Federal Government to reject the advice of the International Monetary Fund (IMF) to phase out petrol and electricity subsidy. The PRP acting National Publicity Secretary, Mr Muhammed Ishaq, gave the advice in an interview with the News Agency of Nigeria...
By JOY ADARA, Abuja – The Nigerian National Petroleum Company (NNPC) Limited has debunked media reports alleging that it had a dispute with Independent Petroleum Marketers Association of Nigeria (IPMAN) over payment subsidy on Premium Motor Spirit (PMS). Recalled that some media houses (Not NATIONAL ACCORD) had...
The Chairman, House Committee on Navy, Rep. Yusuf Gagdi (APC-Plateau) has has denied calling for a probe of the fuel subsidy removal under President Bola Tinubu. Gagdi said this in a statement in Abuja on Monday. “The integrity of the media is very important, therefore, it should not...
By EZEKIEL OBI, Abuja – The Coalition of Civil Society Organisations in Nigeria (COCSON) and the Bloggers and Vloggers, Content Creators Association (BAVCCA) have kicked against the planned protest by 1000 lawyers and various ethnic and Civil Society Organizations (CSOs) groups concerning the recent fuel hike and...
By JOY ADARA, Abuja — Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the 36 state governors in the country over “their failure to account for the spending of the N72 billion palliative collected from the Federal Government, including details of the beneficiaries...
The Media Advocacy West Africa – MAWA Foundation calls on Mr. Bola Tinubu, the Nigerian President to review his policy on fuel subsidy removal. This is because, the fact before us and other countries’ experience has shown fuel subsidy is energy security that countries cannot do without, because of...
By SADIQ ABUBAKAR, Maiduguri – Apparently perturbed by the increasing economic hardship associated with removal of fuel subsidy by the federal government and its attendant high prices of commodities, member representing Jere federal constituency at the House of Representatives, Engr. Ahmed Satomi has contracted 15 filling stations within...
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Umara Zulum, on Monday, distributed food palliative to 12,200 vulnerable households living in Muna, Custom and Ngwom communities. At least 73,200 persons will benefit as each of the 12,200 households is made up of six persons. The...
In a nationwide address last Monday, President Bola Tinubu announced some palliatives to mitigate the impact of the high cost of living brought about by the fuel subsidy removal. Great speech! Excellent delivery! So, kudos to Mr President! However, a section of Nigerians frowned at the speech because...
Lagos State Police Command has deployed operatives to guard legitimate protesters at designated venues and routes, as the organised labour begins nationwide protest against alleged anti-labour policies. The command’s spokesperson, SP Benjamin Hundeyin, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos...
A former presidential candidate of the Action Democratic Congress (ADC), Mr Dumebi Kachikwu, says all the subsidy palliatives prescribed by the Federal Government are tokens in nature and cannot ameliorate the plights of Nigerians. Kachikwu said this in a statement on Tuesday in Abuja. He said that...
The Arewa Citizens Watch for Good Governance, (ACWGG), a watchdog group advocating good governance, says it will hold massive protests on Aug. 3 against fuel subsidy removal. The group said the protest was to show dissatisfaction with the leadership of the Group Managing Director of the Nigeria National Petroleum...
The Jigawa government says it has approved N50 million to empower 1,000 women traders, to cushion the effect of fuel subsidy removal on their businesses. The State Commissioner for Information, Youths, Sports and Culture, Mr Sagir Musa stated this at a news conference at the end of the State...
I patiently listened to one Bala Zaka speak in his interview with Arise TV. He was described on the show as an “oil and gas expert”. I am not an “oil and gas expert”, but I have studied, published, and spoken about Nigeria’s oil and gas industry over many...
High-level sources in NNPC Ltd. have come out in full force, to explain the operations of the company against the backdrop of “blatant misinformation’’ on the activities of the firm. The News Agency of Nigeria (NAN) learnt on Thursday in Abuja that the gesture is aimed at facilitating better...
The National Economic Council (NEC) meeting is being held at the Council Chambers of the State House in Abuja on Thursday. The meeting, which is being chaired by the Vice President Kashim Shettima, has in attendance governors of the 36 states of the Federation, the Director General of the...
By SADIQ ABUBAKAR, Maiduguri – Borno State Contributory Healthcare Management Agency (BOSCHMA) has introduced transport allowance for its staff to cushion hardships beng faced by the staff following recent increase in price price which was as a result of the fuel subsidy removal by the federal government last...
The Amalgamated Union of App-Based Transport Workers of Nigeria (AUATWON) has expressed dismay over the continuous hardship its members face due to the increase in petrol pump price. It said on Wednesday that despite the increase, the app companies had refused to adjust fare price to profit the workers....