By Johnbosco Agbakwuru THE Organized labour Monday accused the Federal Government of not being prepared for a sincere and honest dialogue in finding a lasting solution to the petroleum price increase and electricity tariffs. The organised labour also accused the government of violating the understanding reached by the two parties before the planned September strike […]

The Federal Government has signed a Memorandum of Understanding (MoU) with the Republic of Niger for the transportation and storage of petroleum products Alhaji Garba Deen Muhammad, Special Adviser on Media to the Minister of State for Petroleum Resources, disclosed this in a statement in Abuja on Thursday. He said the MoU was reached following […]

By Omeiza Ajayi The Niger Delta Youth Council NDYC and the Coalition of ex-Niger Delta Agitators Forum have expressed disgust at the recent fuel price hike, giving a 11-day ultimatum to the federal government to peg the pump price at ₦120 per litre or risk a mass action. National Coordinator of NDYC, Comrade Jator Abido […]

The Peoples Democratic Party (PDP), Friday rejected the increase in the pump price of fuel to N170 per liter, describing it as wicked, unbearable and unacceptable, particularly given the prevailing excruciating economic crunch already foisted on Nigerians by President Muhammadu Buhari administration. In a statement signed by Kola Ologbondiyan, National Publicity Secretary, PDP insisted that […]

…Sells to marketers at N155.17 The Petroleum Products Marketing Company, one of the downstream subsidiaries of the Nigerian National Petroleum Corporation, NNPC, Friday, hiked the ex-depot price of Premium Motor Spirit, PMS, also known as petrol, by N7.50 per litre to N155.17 per litre from N147.67 per litre previously. In a memo from the Manager […]

According to Investopedia, subsidy is a benefit given to an individual, business, or institution, usually by the government, and is usually in the form of a cash payment or a tax reduction.

By Lawani Mikairu Nigeria Accident Investigation Bureau, AIB, yesterday, released the preliminary report on the accident involving a Bell 206B III helicopter with nationality and registration marks 5N-BQW, operated by Quorum Aviation Limited, QAL, which occurred at Opebi Area, Lagos, on August 28, this year. Recall the Quorum helicopter crashed onto the roof of a […]

By Michael Eboh Nigeria Association of Road Transport Owners, NARTO, yesterday, ordered all its members to withdraw trucks, especially petrol tankers nationwide today and tomorrow. NARTO’s directive was in protest to the order of the Federal Government, banning tankers with 45,000-litre capacity from lifting petroleum products in the country. The transporters are also issuing a […]

…CSOs pledge to join forces with labour to battle govt ..Nurses, midwives begin mobilization for industrial action By Victor Young, Johnbosco Agbakwuru & Joseph Erunke The Federal  Government, yesterday, said it would meet with its relevant agencies and ministries over the demand by the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, […]

By Omeiza Ajayi The ruling All Progressives Congress APC has asked Nigerians to endure the current hardship brought about by the recent hike in fuel pump price and electricity tariff, promising that the people would in the nearest future begin to reap the benefits of the deregulation policy. It also urged the organized labour not […]