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Metro Nigeria: Strike Looms As NLC, Others Meet To Decide Over New Fuel Price
Labour leaders in the country are meeting today to decide on a possible protest against the increase in the price of petrol. President Muhamamdu Buhari had on Wedsneday raised the price of PMS from N86.50 to a maximum of N145 per litre. The new policy allows marketers to import petrol and sell...- ProfRem
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- fuel price fuel subsidy laboutr union muhammadu buhari nlc nupeng pengassan
- Replies: 0
- Forum: Metro News Links
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Business Fuel Subsidy: Nigeria's Minister, Kachikwu's Press Statement on Current Fuel Situation
The federal government today, announced the removal of petrol subsidy an pegged the official rate at N145/per Litre. Below is the press statement released by the Minister of State for Petroleum, Dr. Ibe Kachikwu “We have just finished a meeting of various stakeholders presided over by His...- ProfRem
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- fuel subsidy ibe kachikwu kachikwu statement on fuel subsidy
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- Forum: Business News Links
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Politics I Never Said Petrol Will Sell For N40 per Litre - Prof Tam David-West
A former Minister of Petroleum, Prof Tam David-West has denied reports that he said the Buhari government would crash the price of petroleum to N40 if elected. The former minister, who spoke to Daily Sun on the phone, said at no time did he make such a comment and that he must have been...- mrsam
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- fuel fuel subsidy petroleum tam david west
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- Forum: Political News Links
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Business Nigeria: No Subsidy Paid on Petroleum Products in January - Kachikwu
The Minister of State for Petroleum and Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Ibe. Kachikwu, yesterday said the Federal Government did not pay any subsidy on petroleum products in January 2016. He also stated that the country would save $1 billion...- ProfRem
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- fuel subsidy ibe kachikwu nigeria petrolueum minister vanguard newspaper
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- Forum: Business News Links
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Metro $620,000 Bribery Scandal: Farouk Lawan, Emenalo To Appear In Court Tomorrow
Hearing is scheduled to commence tomorrow in the trial of the former chairman of the Ad-hoc Committee on Fuel Subsidy of the House of Representatives, Farouk Lawan, who allegedly accused of obtaining $620,000 bribe money from the chairman of Forte Oil, Femi Otedola. A source at the Awomolo...- ProfRem
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- farouk lawani femi otedola fuel subsidy house of reps
- Replies: 1
- Forum: Metro News Links
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Business EFCC Shuts Obat Oil’s Tank Farm Over Diversion of N1.2bn Subsidy Fund
The Economic and Financial Crimes Commission (EFCC), yesterday, shut down a tank farm belonging to Obat Oil and Petroleum Limited at Kirikiri, Lagos, for alleged diversion of subsidy payment. Petrocam Trading Nigeria Limited had reported Obat Oil to EFCC for allegedly diverting N1.2 billion...- ProfRem
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- amcon fuel subsidy obat oil oil thenation newspaper
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- Forum: Business News Links
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Politics READ What Lai Mohammed Said During Christmas Last Year
In december 2014, the All Progressives Congress, APC Spokesperson said that it was last Christmas celebration under PDP government which he tagged; the bondage of insecurity, corruption, unemployment, widespread hopelessness and poor leadership. In a Christmas message to Nigerians, contained in...- ProfRem
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- christmas fuel subsidy lai mohammed oil
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- Forum: Political News Links
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Politics Tinubu To Jonathan In 2012: Subsidy Removal Will Bring Hardship On The People
Asiwaju Bola Tinubu, leader of the defunct Action Congress of Nigeria (ACN) in 2012 accused the Jonathan presidency of betraying its social contract with the people by suddenly removing fuel subsidy. In 2015, as a national leader of the All Progressives Party, APC, the government of the day...- ProfRem
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- fuel subsidy jonathan tinubu
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- Forum: Political News Links
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Politics Tinubu Reacts to Removal of Fuel Subsidy
A former Governor of Lagos State and National Leader of the All Progressives Congress (APC), Bola Tinubu has advocated the removal of petrol subsidy as a way to address the perennial fuel scarcity in the country, ChannelsTv reports. Mr Tinubu made the pronouncement in Kaduna State as a Guest...- ProfRem
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- bola tinubu fuel subsidy kaduna scarcity
- Replies: 1
- Forum: Political News Links
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Politics World Bank tells Buhari: Now Is The Best Time To Remove Fuel Subsidy
The World Bank has advised President Muhammadu Buhari to act now if he is seriously considering the removal of fuel subsidy. The World Bank’s Lead Economist, John Litwack, said Tuesday the best time to take such decision is now. While the Buhari administration has hinted at its intention to...- ProfRem
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- buhari fec fuel subsidy labour oil union world bank
- Replies: 0
- Forum: Political News Links
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