BREAKING: Fuel Price Rises as All Filling Stations in Nsukka Shut Down
It was also gathered that the few filling stations still operating are selling between N800 and N900 per litre at the moment.
Tag: Fuel Subsidy
Nigeria Now Faces Electricity Subsidy as FG Expresses Concerns
It also revealed that subsidy on electricity for 2024 would gulp about N3tn, whereas only N450bn was budgeted for this purpose in this year’s budget, adding that it was now very difficult to sustain power subsidy.
Nationwide Protest: Simon Ekpa Sends Strong Message to NLC, Others Over Demonstration In Southeast
“We thank Biafra people for the successful day 2 of the two weeks sit at home that recorded compliance across Biafra Land.” Ekpa.
Nationwide Protest Not In The Interest of The Masses”– Reps Tells NLC, Suggests Ways Forward
“Rather than the action by the Congress, the NLC should join the House to continuously engage the government to achieve expedited implementation of measures aimed at providing succour to Nigerians.”
Nationwide Protest: NLC Gives Update Over Tomorrow’s Schedules
The Nigeria Labour Congress NLC insists that the scheduled national demonstration against the current hardship inflicted on Nigerians by President Tinubu’s APC-led administration following the abrupt removal of fuel subsidy. … Read More
Again, NLC Issues Nationwide Strike Notice
The government set up a committee to liaise with organized labour, but officials of the Trade Union Congress and the NLC though said the committee had failed to engage labour in a dialogue.
Subsidy Removal: Rivers Govt to Provide Transport, Other Palliatives for Residents
He said, “Rivers State is one of the states that have implemented the new salary structure, the state is in full practice of the new salary scale, the issue of pension and gratuity are ongoing, the records are there, the issue of employment is also ongoing, we are fulfilling our part of the bargain to take care of the workers”.
Subsidy: Expectations as FG, labour Set Up Minimum Wage Committee
Monday’s meeting was the fourth in a series of negotiations between the FG and organized labour since the discontinuance of petroleum subsidy, as announced by President Bola Tinubu on May 29, 2023.
FG Targets $11b, as More Oil Export Get Terminal Licences
“The terminals are required to operate within the provisions of the conditions of the licenses as contained in the license documents” the document read.
Subsidy: Tinubu Assures Nigerians of Rewards for Their Sacrifices, States Areas of Investments
The President who said he feels the pain of Nigerians argued that the temporal discomfort was necessary to save the country from going under.
Fuel Subsidy: Tinubu Issues Fresh Order to NEC Over Salaries, Palliatives
This was as the Trade Union Congress said it was expecting the Federal Government to provide feedback on its demand for N200,000 minimum wage by June 19.
Fuel Subsidy: Edo Govt Increases Minimum Wage, Reduces Work Days Per Week
He said, “In the wake of fuel subsidy removal by the Federal Government, fuel prices have increased astronomically leading to a rise in prices of goods and services and overall cost of living.
Nationwide Strike: NLC Writes ASUU, JUSUN, 41 Others Ahead of Deadline
Recall that on Monday, during his inaugural speech at Eagle Square in Abuja, the President, Bola Tinubu declared that the era of subsidy payment on fuel has ended.
Subsidy: Why Nigerians Should Support Tinubu’s Decision–Group
“It is a tough and painful decision to make, but certainly the right step towards the right direction, to saving not just a few but the entire nation, to restoring the glory of Nigeria as the leader of Africa,” he said.
Why FG Suspends Fuel Subsidy Removal
It would be recalled that the move for the Fuel Subsidy removal has ever since the previous administration attracted a series of questions about the way forward.
Labour Reacts To Surge In Fuel Scarcity, Price Hike, Issues Warning
“It is an added problem when non-state actors begin to arrogate to themselves the power to determine the price of a litre of fuel far above the rate pegged by government in the current subsidy regime,” it said.
2023: Peter Obi Presents Three-tracked Plan For SDGs, Says Whatever Oil We Still Have Will Be Refined Domestically
“These measures along with ending the leakages including the subsidy regime and improving our tax regime should do the magic of moving Nigeria from consumption to production.” He said
![[DETAILS]: Finance Minister Reveals Plans, Date To End Fuel Subsidy](https://deeruditecommunications.com/wp-content/uploads/2022/11/Zainab-Ahmed4.jpg)
[DETAILS]: Finance Minister Reveals Plans, Date To End Fuel Subsidy
“We are glad that the majority of people in decision-making positions, including the political parties, have agreed that subsidy is not sustainable.” She said.