HighlightTop StoryTrending Story

PBAT directs NEC to kick-start subsidy removal interventions process

367

President Bola Ahmed Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to kickstart the process of working on interventions to ameliorate the impact of subsidy removal on the people.

Governor of Ogun State, Dapo Abiodun, made the disclosure after leading some major oil marketers on a courtesy call on the president at the Villa on Wednesday.

According to him, the marketers were in the presidential villa to express solidarity with the president for his bold decision to end subsidy payment.

Click HERE to watch video

Tinubu’s action, he said, shows his determination and courage to remove the hemorrhage that had bedeviled the country for decades.

Abiodun admitted that while there would be some discomfort on the part of the people, but the move would eventually pay off noting that there can be no gains without pain.

The marketers announced their intention to donate 50 to 100 50-seater mass transit (at the cost of about N10 billion) CNG (Compressed Natural Gas) buses as a way to support the initiative to succeed, calling on other well-meaning corporate bodies can do the same.

Details later…

Leave a comment

Related Articles

Nigeria expresses interest to bid for 2030 Commonwealth Games

Nigeria has met the deadline for the expression of interest to bid...

Just in: Police break up Abuja protesters with tear gas

Police operatives on Monday deployed tear gas to disperse protesters gathered in...

Just in: Abuja commutters forced to trek as Police clash with anti-Rivers emergency rule protesters

Abuja commutters were on Monday forced to trek long distances as security...

Military Intervention Ends 90-Minute Hostage Crisis at Ibadan Stadium, Ikorodu City FC Rescued

The Nigerian Professional Football League (NPFL) has once again been marred by...

BAL 2025: Nigeria’s Rivers Hoopers Defeat Host Fus De Rabat 88-82

Nigeria’s Rivers Hoopers have made a strong statement in the Basketball Africa...

Kano Sallah incident: IGP withdraws Emir Sanusi’s invitation to report in Abuja for questioning

The Inspector-General of Police (IGP), Mr. Kayode Egbetokun, has withdrawn the invitation...

Kenya’s Coach Barasa Attributes Team’s 3-0 Win to Strategic Exploitation of Nigeria’s CNS Loopholes

In a thrilling encounter at the ongoing 2025 Women’s African Volleyball Club...

Abuja robbery kingpins nabbed, stolen vehicles recovered – FCT Police

As part of its ongoing efforts to combat crime and ensure public...

NDLEA busts India-bound brothers with 5kg cocaine concealed in suitcases at Lagos airport

In another milestone efforts in combating international drug trafficking, the National Drug...

Coup Scare As VOA Halts Radio Operations In Nigeria, Ghana, Other W/A Countries

Panic swept through northern Nigeria and neighboring West African countries after Voice...

Nigeria’s public debt profile now N144.67trn – DMO

Nigeria’s public debt has risen to N144.67 trillion as of December 2024,...

Ex-Oyo Governor, Dr. Omololu Olunloyo, dies nine days to 90th birthday

A one-time Governor of Oyo State, Dr. Victor Omololu Sowemimo Olunloyo, has...

Kano Fatal Sallah Incident: IGP Invites Emir Sanusi II to Abuja for Questioning

The Inspector General of Police, Kayode Egbetokun, has invited Emir Muhammadu Sanusi...

Anambra 2025: Soludo emerges as APGA candidate, PDP, LP postpone primaries

Ahead of the November 8 Anambra State governorship election, incumbent Governor Chukwuma...

Kizz Daniel Declares Shift in Focus, Ditches Pursuit of Wealth Ahead of ‘Uncle K’ Album Drop

Award-winning Nigerian music sensation, Kizz Daniel, has stirred conversation online after revealing...

Just in: Oba Owoade Crowned New Alaafin of Oyo in Grand Ceremony

Oba Abimbola Owoade, the 46th Alaafin of Oyo, was coronated on Saturday,...

Tinubu Appoints Ayo Sotinrin As Bank of Agriculture’s New MD

President Bola Tinubu has appointed Ayo Sotinrin as the new Managing Director...

FCT FA Unveils N720,000 Grant for Inter-Area Council Women’s Tournament

The Federal Capital Territory Football Association (FCT FA) has taken a significant...

Exclusive: Abuja 2025 AWVCC: Kenyan Prisons Club Coach Barasa Falls in Love with Nigerian dish, Fufu

The intense competition at the Africa Women’s Volleyball Championship has not stopped...

Exclusive: AWVCC Day 2: Nigeria’s Naval Spikers Set to Dethrone Zamalek of Egypt

Following Nigeria’s Chief Naval Spikers (CNS) victory over Botswana’s SSV in a...