Tag Archives: Fuel Subsidy

Leaders of the Nigeria Labour Congress, NLC, and Trade Union Congress, TUC, yesterday gave insight into why they resolved to shelve the planned nationwide strike aimed at forcing the Federal Government to reverse the 200 per cent hike in the pump price of petrol. Rising from an emergency National Executive …

The Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, have suspended the planned nationwide strike over fuel subsidy removal. The Chief of Staff to the President, Femi Gbajabiamila disclosed this on Monday night after a meeting between the federal government and the unions at Aso Villa.   According …

Leaders of the Nigeria Labour Congress, NLC, yesterday, shunned a scheduled meeting with government officials over the removal of subsidy and subsequent over 200 per cent hike in the pump price of petrol until fuel price is returned to status quo. Following President Bola Tinubu’s removal of the subsidy during …

A major step towards averting an industrial action over petrol subsidy removal was taken last night. Yesterday’s meeting was a follow-up to Wednesday’s parley between the government and Labour over President Bola Ahmed Tinubu’s pronouncement during his inauguration statement that ‘fuel subsidy is gone’.   Following the speech, marketers raised …

The National Executive Council, NEC of the Nigeria Labour Congress, NLC, is currently going on at the Labour Headquarters, Abuja. The meeting is in respect of the recent announcement by President Bola Tinubu after his inauguration on May 29, where he said that subsidy is gone. Although the immediate past …

The House of Representatives Ad-hoc Committee has launched an investigation into the N413 billion funds borrowed from the CBN for subsidy payments. The Committee said the investigation is to determine whether the said amount was refunded after the passage and assent of the 2015 budget as earlier approved by the …

The removal of fuel subsidy by the federal government has begun to cause untold hardships on the people of Taraba State. According to reports the development has led to an increase in transportation, as well as the prices of food stuff.   At the time of filing this report, prices …

Some residents of Edo state have blocked the Benin-Lagos highway and other areas in Benin metropolis following the increase in the pump price of Premium Motor Spirit (PMS).   The protesters who are mainly members of the Edo State Civil Society Organisation (EDOCSO), called for urgent reversal of the fuel …

Boat operators under the auspices of the Waterfront Boat Owners and Transporters Association have lauded President Bola Tinubu over the removal of fuel subsidy. Tinubu had in his inauguration speech on Monday in Abuja stated that his administration would not continue to pay subsidy on petrol. Reacting to this, the …

Jigawa state governor, Malam Umar Namadi has approved the setting up of a 12-man Taskforce Committee on Petroleum Monitoring and Distribution in the state. The Head of Civil Service in the state, Hussaini Ali Kila made the announcement in Dutse appointing Col Muhammad Alhassan (rtd) as Chairman of the taskforce …