Petrol, electricity tariff hike: FG not prepared for honest dialogue – Labour
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 […]
![[ANALYSIS] What you should know about fuel subsidy](https://cdn.vanguardngr.com/wp-content/uploads/2020/08/d2920ec2-timipre-sylva.jpg?auto_optimize=low&width=350)
Brace up for more fuel price increases — Buhari
Says price’ll change as crude oil price changes Justifies electricity tariff increase lAdds, those who get less than 12hrs of power not affected No more estimated billing Laments COVID-19 reduced revenue by almost 60% By Johnbosco Agbakwuru President Muhammadu Buhari, yesterday, asked Nigerians to expect a further increase in the price of petrol, saying people […]
Nigeria can’t subsidize fuel any longer ― Senator Yusuf
…Says Nigeria Can’t sustain 5billion on IDPs monthly By Henry Umoru CHAIRMAN, Senate Committee on Special Duties, Senator Yusuf Abubakar Yusuf, APC, Taraba Central has lamented that based on realities on ground, the country may not be able to sustain the N5billion it was spending on the 2.7million people in IDPs camps. According to him, […]
JUST IN: Nigeria’s fuel import bill rises by 42% to N1.09trn in six months
…Records 39% dip in crude oil export to N4.5trn By Michael Eboh Nigeria spent N1.09 trillion to import Premium Motor Spirit, PMS, also known as petrol, in the first six months of 2020, rising by 42.3 per cent, compared to N766.06 trillion recorded in the same period in 2019, according to data obtained, weekend, from […]
Oil marketers list gains of PMS deregulation to Nigerians
The Major Oil Marketers Association of Nigeria (MOMAN) says the deregulation of the sale of Premium Motor Spirit (PMS), also known as petrol, will be beneficial to Nigeria and Nigerians in the long run. MOMAN’s Chairman, Mr Tunji Oyebanji made the assertion in a statement issued on Friday in Lagos while reacting to the outcry […]
TUC, ActionAid, others reject new fuel price, as petrol stations adjust pump
…Current realities support N200/litre — Iledare …No govt has ‘raped Nigeria’ like Buhari’s—TUC …Fuel price hike shocking — ActionAid …FG currently not financially able to pay subsidy — Sylva By Michael Eboh, Boluwaji Obahopo, Rotimi Ojomoyela Petrol stations across the country, yesterday, adjusted their pumps to reflect the hike in the ex-depot price of the […]
