Organised Labour in the power sector and the Federal Government have fixed April as deadline to resolve all pending labour issues to pave way to a seamless privatization of the Power Holding Company of Nigeria, PHCN. Already, both parties are said to have resolved less than 10 percent of their differences after the fourth round of meeting between both parties in Abuja.Read More
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has reminded Oil and Gas workers in the country to sustain the industrial harmony the sector has enjoyed in recent times.Read More
Revelations coming from the ongoing joint Senate Committee on Petroleum Resources (Downstream), Appropriation and Finance, probing the management of the subsidy funds are becoming more interesting. The committee established that the scheme has become a bazaar of some sort for all types of businessmen in the petroleum sector. They tagged it an avenue for sharing government’s free money.Read More
Part of the text message from Idris has been recalled in order to remind our readers that this series is a response to a reasonable challenge from a regular customer of our paper; and like all customers we owe a duty to inform and, if possible, to also entertain.Read More
Quite unlike you, your article on subsidy has no definite stand….Idris
Part of the text message from Idris has been recalled in order to remind our readers that this series is a response to a reasonable challenge from a regular customer of our paper; and like all customers we owe a duty to inform and, if possible, to also entertain.
Revelations point to high level corruption,…as CBN, Customs trade blames over waivers
The managing director of the company suddenly became mute. No words uttered! This, after it was disclosed at the on-going House of Representatives probe on the management of subsidy funds, that his company got N2.3billion. His spokesman, Aminu Mohammed, had told the panel that the barely 28 year old man had been sick for over one year.
Never before has an investigation by the House of Representatives generated interest and following as the three week investigation on the management of the subsidy regime on petrol. It would be recalled that the House of Representatives had empanelled an Ad-Hoc committee chaired by a veteran member, Hon. Faruk Lawan, to investigate the management of the subsidy regime by the executive arm of government and report to the House.Read More
Quite unlike you, your article on fuel subsidy has no definite stand i.e is subsidy desirable economically or are the agitators at fault to insist on subsidy? What is really the long term solution? A story in the SUN Newspaper heightened our fears and gave an indication that the protest front runners were induced to do so…Talk or speak frankly to all of us. Thanks. Idris.Read More
There is a need to subsidise the statements coming from government with sincerity. And that is based on facts available–that this government lacks honesty and sincerity. At a time like this, President Goodluck Jonathan must be asking himself why he has become the butt of criticism and ridicule on account of the mess his administration’s handling of the subsidy regime has become.Read More
There is no end in sight to the monumental revelation that has continued to unravel at the Public Hearing by the House of Representatives on the Management of the fuel subsidy regime because more stunning disclosures were unearthed as the committee entered its second week of sitting.Read More
“At no time did I say that the payments were based on 35 million litres per day. It is not possible” – Mrs Diezani Alison-Madueke, Minister of Petroleum, January 24, 2012, at the House of Representatives hearing in Abuja.Read More
The strike by the members of the Nigeria Labour Congress and Trade Union Congress brought about different hardships to Nigerians, with many of the state capitals in the country engulfed in mass protests and civil unrest.Read More
National Chairman of Labour Party, LP, Dan Nwanyanwu, speaks on why his party did not support removal of subsidy on petrol. He also laments that corruption in government is worse today than ever beforeRead More
Babafemi Ojudu, a senior journalist elected senator for Ekiti Central District in the April 2011 National Assembly elections, is Vice Chairman, Senate Committee on Public Service and Establishment.
He brought his journalist and activist thing to play in this interview with Sunday Vanguard as he speaks on the fuel subsidy removal and why the Senate of which he is member can’t probe former President Olusegun Obasanjo. Excerpts:
One of the outcomes of the week-long strike that crippled economic activities in the country was the decision of the House of Representatives to critically look into the whole gamut of the subsidy regime and its usage by the government since its introduction.Read More