By EZEKIEL OBI, Abuja – The Nigerian Coalition of Civil Society Organizations (NICOCSO) has called for immediate probe of cabals insisting on importation on pms and sabotaging local refineries. The National Spokesperson of NICOCSO, Comrade Segun Adebayo, made the call during a press conference on Wednesday in Abuja. Comrade Adebayo...
fuel subsidy
The Independent Petroleum Marketers Association Of Nigeria (IPMAN) has attributed the recent adjustment in the price of premium motor spirit better known as fuel to the impacts of the deregulation of the sector. “Well, we know now that we cannot call it an increase but rather we can call...
Many residents of the Federal Capital Territory (FCT), have decried increased transport fares, which has limited their movement around the city centre. They told the News Agency of Nigeria (NAN) that one of the greatest challenge they encountered was the non availability of fuel in spite of its increased...
Prof. Kenneth Azaigba has urged President Bola Tinubu to reintroduce fuel subsidy to reduce the sufferings of Nigerians as the country turns 64 on October 1. Azaigba, a professor of History, Federal University Dutse, gave the advice in an interview with the News Agency of Nigeria (NAN) on Sunday...
Order in every credible democracy is a balance of compassion and hard policy choices. The hard choices, often of a reform nature, which confront new leaders only make sense if they are for the common good. Otherwise, a barrage of crushing reforms with no tinge of compassion can suffocate the...
The Nigerian National Petroleum Company Ltd. (NNPCL) has increased the price of petrol from N585 to between N855 and N890 per litre, the News Agency of Nigeria (NAN) reports. NAN correspondents, who monitored the situation in Lagos metropolis, observed that in the midst of ongoing fuel shortages and crises,...
The Federal Government on Monday in Ibadan donated 20 Compressed Natural Gas (CNG) buses to Oyo State Government. The News Agency of Nigeria (NAN) reports that the Chairman of the Pacesetter Transport Service (PTS), Mr Ibrahim Salami, received the buses on behalf of the state government. The gesture was...
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has not paid fuel subsidy to anybody in the last nine months. Chief Financial Officer of the company, Alhaji Umar Ajiya made the clarifications on Monday in Abuja. Ajiya said the NNPC Ltd. was only taking care of Premium...
Renowned Professor of History and African Studies, Toyin Falola, has said President Bola Tinubu led government has failed to address the major triggers for the #EndBadGovernance protests that reverberated in most states in Nigeria earlier in August. The septuagenarian professor at the University of Texas was...
President Bola Tinubu said he took the painful decision to remove fuel subsidy and abolish multiple foreign exchange rates because they had impeded the economic development and progress of the nation. The president said this in a national broadcast on Sunday on the ongoing nationwide protest. He said...
The Peoples Democratic Party (PDP) has flayed President Bola Ahmed Tinubu for his failure to address the nation despite the crippling nationwide #EndBadGovernance protest by Nigerians. This is contained in a statement issued on Saturday in Abuja by the PDP National Publicity Secretary, Hon. Debo Ologunagba. Hon. Ologunagba...
The Federal Capital Territory Emergency Management Department (FEMD), has prevented one Shuaibu Yusha’u from committing suicide in Abuja on Monday. Yusha’u, 24, climbed a 120-meter mast at the top of Katampe hill, within the premises of Aso Radio and Television Services, along Murtala Mohammed Expressway, Abuja, and threatened...
Niger State Government has slashed the tuition fees of its university of education (Abdulkadir Kure University) by 50 per cent, toward reducing the burden of fuel subsidy removal on the students and their parents. This is contained in a statement signed by Prof Muhammed Yahaya-Kuta, Pro-chancellor of the...
By SADIQ ABUBAKAR, Maiduguri – The Federal Government has handed over over 37,000 bags of assorted grains to the Borno State for onward distribution to poor and most vulnerable members of the society, as part of its initiatives to cushion the effect of the economic hardship as a...
All Progressives Congress (APC) Professionals Forum, has exonerated President Bola Ahmed Tinubu, from the current economic challenges bedeviling the country. Speaking at the inaugural edition of the Asiwaju Scorecard Series held in Abuja on Tuesday, the Chairman, Board of Trustees of the Forum, Dr. Isa Yuguda noted that the...
The Minister of Information and National Orientation, Alhaji Mohammed Idris, has said that the erstwhile fuel subsidy was a monster which had deprived Nigerians of a myriad of social amenities. Idris spoke on Saturday in Kaduna at a reception organised in his honour by the Kaduna State Chapter...
The Lagos State Government on Saturday explained to residents that prices of discounted foodstuff and other items at its special Sunday markets would differ slightly from one place to the other. The Commissioner for Information and Strategy, Mr Gbenga Omotosho, said this in a statement to update residents...
By CHRISTIANA LOT, Jos – In response to the transportation challenges faced by residents, the Plateau State Government has launched th Tin City Metro, a new transport service featuring fourteen German-made buses. NATIONAL ACCORD reports that the initiative aims to alleviate the impact of rising transportation costs following...
The Arewa Economic Forum (AEF), an economic think-tank of intellectuals and business entrepreneurs of Northern Nigeria, has reacted to the financial situation in the country and called on President Bola Ahmed Tinubu to consider reversing the fuel subsidy removal policy and halt the disbursement of excess allocations to...
The Peoples Redemption Party (PRP) has advised the Federal Government to reject the advice of the International Monetary Fund (IMF) to phase out petrol and electricity subsidy. The PRP acting National Publicity Secretary, Mr Muhammed Ishaq, gave the advice in an interview with the News Agency of Nigeria...