Tag: Fuel Subsidy removal

Fuel Subsidy Removal: Private School Bus Services Unaffordable, May Be Suspended

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Fuel Subsidy Removal: Private School Bus Services Unaffordable, May Be Suspended

The President, National Association of Proprietors of Private Schools, Abayomi Otubela, says given the increase in the cost of fuelling, some schools would suspend bus services and parents would be advised to look for alternative means of transporting their wards to school. Otubela spoke to correspondents on the sidelines of the groundbreaking ceremony of NAPPS…

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Education and Institutions

Subsidy Removal: Don’t Trust Labour Unions, Take Your Destiny In Your Hands — CNPP Tells Nigerians

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Subsidy Removal: Don’t Trust Labour Unions, Take Your Destiny In Your Hands — CNPP Tells Nigerians

Conference Of Nigeria Political Parties (CNPP) has urged Nigerians to take their destiny into their hands rather than trust the Nigerian Labour unions to lead them against the incessant increment in pump price of Premium Motor Spirit (PMS) otherwise known as petrol since 2015. The umbrella association of all the registered political parties and political…

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Activists and Activism

Protest In Edo State Over Nationwide Hardship

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Protest In Edo State Over Nationwide Hardship

A civil society group, the Edo Civil Society Organisations took over the streets on Monday to protest the current nationwide hardship caused by the removal of fuel subsidy. The pronouncement of removal of fuel Subsidy by president Tinubu led to an increase in the pump price of petrol from N189 per litre to N500 or…

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Activists and Activism

Ohanaeze Ndigbo Youth Council urges government to take caution in removal of fuel subsidy

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Ohanaeze Ndigbo Youth Council urges government to take caution in removal of fuel subsidy

The Ohanaeze Ndigbo Youth Council Worldwide has been closely following the recent developments in the country, particularly the removal of fuel subsidy by the previous administration of President Muhammadu Buhari. The removal of subsidy was a common promise made by all major presidential candidates in the 2023 general election, highlighting the fraudulent nature of the…

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News

FG Agrees To TUC Demands, Moves To Avert Strike As NLC Boycotts Meeting

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FG Agrees To TUC Demands, Moves To Avert Strike As NLC Boycotts Meeting

Towards averting Labour Union strikes over petrol subsidy removal, the government has agreed to take some fix it actions. The Federal Government said it would consider a list of demands by the Trade Union Congress (TUC), including a minimum wage increase and tax holiday. https://boxofficehelping.com/u8522ep8r?key=278c2fd210c3e207a0492d91f1952863 Yesterday’s meeting was a follow-up to Wednesday’s parley between the…

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Employment, Labour & Productivity

Nigeria’s Subsidy Removal Upsets Africa’s Smuggled Petrol Market

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Nigeria’s Subsidy Removal Upsets Africa’s Smuggled Petrol Market

A comparative analysis of the newly reviewed petrol prices in Nigeria after subsidy is removed with those of its West African neighbours shows the business of smuggling the country’s petrol is no longer viable as cost differentials are no longer attractive enough, BusinessDay reports. Data sourced from Global Petrol Prices, a website that tracks retail…

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Finance and Economy, News

Subsidy Removal: You Can’t Fool Nigerians Again, CNG Tackles NLC

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The Coalition of Northern Groups (CNG) has kicked against what it described as the deceptive move of the Nigeria Labour Congress (NLC) over the removal of fuel subsidy by the federal government. The spokesperson of the group, Abdul-Azeez Suleiman, in a statement issued Thursday, said it observed that on every occasion, the NLC would deceive…

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Activists and Activism, News

Fuel Subsidy: Stakeholders, Marketers Formally Effect Removal

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Fuel Subsidy: Stakeholders, Marketers Formally Effect Removal

Regulators, operators and marketers in the petroleum industry have formally effected a subsidy removal with market reality of petrol (PMS) selling not less than N500 per litre. The new pricing took effect yesterday as filling stations across the country resumed sales after a few hours of product scarcity. Meanwhile, the Federal Government’s meeting with the…

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Finance and Economy

NUPENG Counsels Tinubu On Fuel Subsidy Removal

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NUPENG Counsels Tinubu On Fuel Subsidy Removal

The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has advised president-elect Bola Ahmed Tinubu, as he takes over the presidency of the country, to slow down in caution towards removing subsidy in Premium Motor Spirit, PMS, commonly known as petrol because of its socio-economic implications. This was made known in a statement by…

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News, Power and Energy

Labour threatens to mobilise workers against FG On Fuel Subsidy

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Labour threatens to mobilise workers against FG On Fuel Subsidy

The Nigeria Labour Congress and the Trade Union Congress have threatened to mobilize Nigerian workers against the FG if it’s fuel subsidy removal conditions are not met. The two labour bodies said that they would only allow the removal of fuel subsidy if the incoming administration of Bola Tinubu takes steps towards the repair and…

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Employment, Labour & Productivity, Power and Energy