Fuel Subsidy

No presidential approval yet to use nation’s dividends to defray petrol subsidy – NNPC Ltd.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has described as false the news making the rounds that President Bola Tinubu has approved...

Subsidy removal: FG, TUC agree on two weeks deadline to resolve issues

The Trade Union Congress of Nigeria (TUC) has agreed to give the Federal Government a two-week ultimatum to address some of its demands...

Rising crude oil prices, foreign exchange rates: Tinubu govt plans ‘temporary subsidy’ on petrol

Amid rising crude oil prices and crazy foreign exchange rates with cumulative effects on landing cost of imported petrol, President Bola Tinubu, might...

Tinubu to organized labour: Give me more time to address your demands, begs them to shelve strike

Inundated with strike notices, President Bola Tinubu on Wednesday urged the various workers union to be patent with his administration as it is...

Petrol subsidy: Restive NLC serves FG nationwide strike notice

With effect from August 2,2023, workers under the aegis of the Nigeria Labour Congress (NLC) will go full blast on a nationwide strike....

Buhari blasts critics over “failure’’ to remove Naira-petrol subsidies, says it would have cost APC, Tinubu 2023 polls

“For those with short memories, many of those subsides were all in place when president Buhari was elected to office in 2015: all...

Subsidy removal: FG, Labour form tripartite committee, fix eight weeks to wrap up palliative package

Union Congress of Nigeria (TUC) have fixed to eight weeks for the conclusion of negotiations over salary raise and palliatives over petrol subsidy...

Hike in fuel, electricity tariff: Kate Henshaw asks when public servants will cut down on extravagance

As Nigerians continue to lament the hike in petrol price amid the fear that a new electricity tariff will take effect on July...

FG, NLC, TUC resume petrol subsidy negotiations, communique being expected

Following the rescheduling of their meeting for Monday, June 19, the organized labour and the Federal Government resumed negotiations on salary raise and...

Fuel subsidy: Joeboy introduces free Body and Soul buses to commute Lagosians

As part of his plans to cushion the effects of the hike in transport fares and other commodities prices occasioned by the removal...

Fuel Subsidy And The God Of Jonathan

by Reuben Abati One of the first things that had been cited as evidence of President Bola Ahmed Tinubu showing courage and wisdom...

Subsidy Removal: Exploring the Facts behind the Figures By Femi Soneye

With Nigeria’s total debt stock projected to hit N80 trillion by the end of 2023 further subsidy payments could cause a total collapse...

Breaking: Court stops NLC, TUC from embarking on strike

A Federal High Court in Abuja on Monday restrained the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) from mobilizing workers...

Subsidy removal: TUC, at Sunday’s parley with FG, demands wage increase, others

As part of efforts to cushion the effects of petrol subsidy removal on workers and Nigerians, the Trade Union Congress (TUC) on Sunday...

810m litres of petrol still in depots, tanks, outlets across Nigeria, says Mele Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari, has disclosed that about 810 million litres...

Bye Bye to Subsidy; Welcome to Reality.

By Femi Soneye One of the most important virtues of leadership is courage. This quality more than any other, will determine whether a...