The Nigerian National Petroleum Company Limited and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, clashed again over the removal of subsidy on petrol. This came against the backdrop of the depreciation of the naira against the United States dollar at both the official Investors & Exporters Window and the parallel market. On Tuesday, the local currency closed at 998/dollar at the official […]
The International Monetary Fund, on Friday, said for Nigeria’s fuel subsidy removal policy and foreign exchange unification initiative to translate to economic growth and stability, the Federal Government must collect more taxes to fund the national budget and pay public debts. The IMF Africa Department Director, Abebe Selassie, made the position known during a press briefing on the Sub-Saharan Africa Regional Economic Outlook at the ongoing World Bank Group/International Monetary […]
Amid the hardship in the country as a result of the fuel subsidy Removal, President Bola Tinubu has again urged Nigerians to exercise patient as there will be light at the end of the tunnel. President Tinubu made the plea in Abuja while unveiling the 688 page book titled "Brutally Frank" which is an autobiography of Chief Edwin Clark. Represented by the Secretary to the Government of the Federation, Senator George Akume, […]
Amid the hardship in the country as a result of the fuel subsidy Removal, President Bola Tinubu has again urged Nigerians to exercise patience as there will be light at the end of the tunnel. President Tinubu made the plea in Abuja while unveiling the 688-page book titled "Brutally Frank" which is an autobiography of Chief Edwin Clark. Represented by the Secretary to the Government of the Federation, Senator George […]
The Federal Government has been urged to fix the Refineries to stamp out unwholesome and unauthorized refining of crude oil in the nation. A guest on "Politics Today" a Kapital FM current Affairs Programme, Garius Gololo made the call in Abuja. Analyzing President Bola Tinubu's National broadcast, Gololo stressed that the refineries would not only provide job opportunities for the teeming youths but also eradicate criminality in the country. He […]
The national leadership of the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC counterpart have ruled out the suspension of nationwide mass action against fuel price hike and other policies of the federal government which they described as anti-people. NLC President, Comrade Joe Ajaero who disclosed this in a statement in Abuja after a meeting with the Federal Government said reports flying around that it has […]
The organised labour has said it will hold its planned nationwide protest on Wednesday despite the Monday rollout of subsidy removal palliative plans by President Bola Tinubu. Tinubu had in a national broadcast unveiled N500bn palliative for manufacturers, small businesses and farmers. He also released plans to increase salaries and acquire 3,000 mass transit buses. Notwithstanding the President’s last-minute moves to avert the protest, the Nigeria Labour Congress President, Joe […]
The Nigeria Labour Congress has put plans in place for a nationwide strike scheduled to begin August 2,2023, The PUNCH has reliably gathered. Though a court order which barred the congress from going on strike in June still stands, our correspondent learnt that the congress noted that it could not fold its arms while Nigerians continued to suffer the effects of subsidy removal which has led to untold hardship. The […]
The Network of Bayelsa Professionals (NBP) has called for more support for Governor Douye Diri in his quest to alleviate the hardship of the people of the state following the increase in the pump price of fuel. This is contained in a statement issued in Abuja on Thursday by the spokesperson of the professionals, Mr Deinmobofa Tantua. According to the statement, Governor Diri unveiled a new transport […]
