Gov Abdullahi Sule of Nasarawa State on Wednesday inaugurated the construction of 23 metric tonnes Liquefied Natural Gas (LNG) and 1,500 standard cubic metres Liquefied Compressed Natural Gas (LCNG) project in Lafia. The project in collaboration with Greenville LNG was…
President Bola Tinubu, on Wednesday in Abuja, assured Nigerians that the framework for palliatives to remedy the effects of fuel subsidy removal was being worked out. Tinubu explained that the decision to phase out the subsidy was taken in the…
The World Bank has said the Federal Government’s subsidy removal and exchange rate unification policies remain vital to rebuilding the nation’s economy. The comment comes against the backdrop of the removal of fuel subsidies and foreign exchange market unification measures…
Bankole Taiwo, Abeokuta A chieftain of the All Progressives Congress (APC) in Ogun State, Omooba Adekunle Adebayo Ayoola has called on the leadership of both the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) to plead with the administration…
By Ibiyemi Mathew Drivers on e-hailing platforms of Uber and Bolt commenced a nationwide protest yesterday. The drivers under the platform of the Amalgamated Union of App-based Transport Workers of Nigeria withdrew their services on the platforms while demanding for…
Manufacturers and industrialists have urged the Federal Government to take urgent steps to address their concerns and derisk the impact of fuel subsidy removal on the real sector. They spoke in an interview with the journalists on Tuesday in Lagos.…
The Kwara State Government has approved a temporary palliative measure to bring some ease to workers following the removal of the petrol subsidy by the Federal Government. The state’s Head of Service, Mrs Susan Modupe Oluwole, announced this on Monday…
Premium Motor Spirit, PMS, otherwise known as petrol, is now being sold above N500 in the Federal Capital Territory, Abuja and other parts of the country. The development is not unconnected to the planned removal of fuel subsidy by President…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working with NNPC Ltd. and other stakeholders to guarantee a smooth transition following the removal of fuel subsidy. The authority made this known on Tuesday in a statement…
Petrol consumers may pay about N8.4trillion for Premium Motor Spirit, popularly called petrol, between July and December 2023 once the Federal Government stops subsidy on PMS in June, latest findings and industry data showed. This represents about 250 per cent…
