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08:15 PM
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President Bola Tinubu had in his inaugural speech on May 29 declared that “fuel subsidy is goneâ€, a move that has seen the price of petrol and other commodities skyrocket. With the impact of fuel subsidy removal biting harder, organised labour is set to embark on an indefinite strike on October 3. Speaking in Ebony...
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Sep 29, 2023
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He made the call on Thursday when he was featured on Channels Television’s Politics Today. According to him, the President and the governors are taking preventative measures and adopting an approach to lessen the impact of the fuel subsidy removal. “I agree, there was a fuel subsidy but because of the level of ...
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Sep 28, 2023
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By subscribing you agree to our privacy policy September 28, 2023 By Ikechukwu Nnochiri, ABUJA The Federal Government, on Thursday, asked the Nigerian Labour Congress, NLC, and the Trade Union Congress, TUC, to shelve their plan to embark on a nationwide indefinite strike action on October 3. Government maintained that...
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Sep 26, 2023
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He claimed that the subsidy removal has reduced the emission generated by petrol, adding that the rate of consumption also declined by 33 percent in Nigeria. “The singular action has reduced Nigeria’s consumption of petrol by 33 per cent, reduced the level of emission generated by Nigerians,†NAN quoted Salako as...
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Sep 25, 2023
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The federal government has once again claimed the Tinubu administration is fully aware of the economic challenges that Nigerians have faced since the removal of the fuel subsidy and the impact of the global economic downturn. Secretary to the Government of the Federation, SGF, George Akume, said this during a World Pre...
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Sep 22, 2023
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Sequel to the removal of the fuel subsidy by President Bola Tinubu on his inauguration day, Nigerians have looked for an alternative to the hitherto well-used Premium Motor Spirit (PMS), popularly known as petrol. Recall that the pump price of the product sharply rose to N557 per litre from N194 following the President...
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Sep 18, 2023
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The meeting between the Nigeria Labour Congress (NLC) and the President Bola Tinubu-led Federal Government has begun in Abuja. Naija News reports that the meeting is aimed at halting organised labour’s planned strike over fuel subsidy removal and the hardship in the country. In his remarks, the Minister of Labour and...
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Sep 18, 2023
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Fuel Marketers have asked the Federal Government to come out clean on its stands on fuel subsidy, as they insist that the government has quietly returned to subsidising the pump price of Premium Motor Spirit, popularly called petrol. They alleged that it is only because of a quiet return of fuel subsidy that has not ca...
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Sep 14, 2023
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Director-General of the Nigerian Employers Consultative Association, NECA, Adewale-Smart Oyerinde, has said that the proposed strike by the Nigeria Labour Congress, NLC, will be counter-productive if it goes ahead. NLC President, Joe Ajaero, had earlier this month called out workers on a two-day warning strike, which a...
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Sep 13, 2023
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… over 23,500 passengers benefited in first 24 hours Over 23,500 residents of Edo State have benefited from the free transport service of the Edo State Governor, Mr. Godwin Obaseki, in the first 24 hours of the commencement of the scheme, aimed at cushioning the effect of the fuel subsidy removal by the Federal G...
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Sep 12, 2023
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A coalition of civil society groups in Anambra State, under the aegis of Anambra Civil Society Network (ACSONET), has demanded explanation from the state governor, Prof Chukwuma Soludo, over his promise to distribute rice to 530,000 households. The group also queried the governor over Anambra’s share of the fuel ...
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Sep 6, 2023
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The motivation for the price modification, as outlined in the circular, was to create an equal and sensible meter pricing system that would be fair to both Meter Asset Providers (MAPs) and end-user customers. The circular emphasizes the following points: Stay Connected , follow us on: Facebook: @creebhillsdotcom, Twit...
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Sep 6, 2023
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In a statement, NLC President, Joe Ajaero, commended Nigerian workers for participating in the strike, saying a significant stride was achieved. Labour had embarked on a two-day nationwide strike on Tuesday and Wednesday, over unfulfilled agreements by the Federal Government on petrol subsidy removal. The decision by t...
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Sep 6, 2023
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Sep 6, 2023
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By Udeme Akpan, Energy Editor There are indications that the rise in crude oil prices by 7.5 per cent to $85.89 per barrel in August 2023, from its $79.92 per barrel in July 2023, depreciation of the naira to N775/dollar in the official market and inflation, currently standing at 22.79 per cent, have combined to increa...
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