Tag Archives: Fuel Subsidy

Presidency Says ‘History Will Be Kind’ To Buhari For Fuel Subsidy Removal

Since the hike in price of petrol, Nigerians have groaned their displeasure but in a statement released on Sunday September 6, the Presidency clarified the reason for the removal of fuel subsidy, noting that it was a tough decision President Muhammadu Buhari. According to LIB, the Senior Special Assistant to the President on Media and Publicity,…

Read more

Reuben Abati: Deregulation And The Politics Of Public Policy

This thing called democracy, particularly the Nigerian brand, never ceases to throw up new and intriguing lessons about the relationship between government and the people, and the larger, complex socio-political environment. I had gone to Lagos on an assignment in the last two days of the year 2011, when around midnight I received a phone…

Read more

NUPENG, PENGASSAN Back Fuel Subsidy Removal, Demand For Negotiation Of Minimum Wage

The National Union Of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have lent their support for the Federal Government’s decision to end the payment of fuel subsidy. At a joint National Executive Council meeting between both bodies held today in Calabar, the leadership of…

Read more

Finally, FG Removes Subsidy On PMS, To Now Sell For N145 Per Liter

Minister of State for Petroleum Resources, Ibe Kachikwu this afternoon announced the removal of subsidy from Petrol. During the meeting attended by the Leadership of the Senate, House of Representatives, Governors Forum, and Labour Unions, and presided over by Vice President Yemi Osibanjo, the Minister revealed that petrol will henceforth be sold at the limit…

Read more

Fuel Price Remains The Same As FG Rules Out Return Of Subsidy

  Last week, we reported that there were indications from the Petroleum Products Pricing Regulatory Agency (PPPRA)that the price of Premium Motor Spirit (Petrol)might increase to N88 per litre at the Nigerian National Petroleum Corporation (NNPC) stations and N88.50 in other stations. Read here if you missed. However, according to The Guardian, the Federal Government has not increased…

Read more

NLC Rejects Introduction Of New Electricity Tariff, Toll Gate, Fuel Subsidy Removal

 Comrade Ayuba Wabba  The National Working Committee of the Nigeria Labour Congress (NLC) has reaffirmed its opposition to the removal of the fuel subsidy in the country. President of the NLC, Mr.Ayuba Wabba, who read the communique of an emergency meeting of the NWC in Abuja yesterday, said that the congress also rejected the new…

Read more