•Hon. Chinda The Minority Caucus of the House of Representatives has strongly criticised the recent decision by the Nigerian National Petroleum Corporation (NNPC) to increase petrol prices, describing the move as “ill-timed” and “insensitive” to the prevailing economic hardships facing Nigerians. In a statement issued today, the Minority Leade...
Nigerian workers under the umbrella union, the Nigeria Labour Congress (NLC), yesterday demanded an immediate reversal of the increase in fuel price announced by the Nigerian National Petroleum Company Limited (NNPCL), saying the hike has worsened the misery of Nigerians. Amid the lingering fuel scarcity in the country, the NNPCL increased the...
Some traders and commuters in the Federal Capital Territory (FCT) have frowned at the increase in the pump price of Premium Motor Spirit (PMS) by the NNPC Ltd. The NNPC Ltd Retail Management approved the upward review of PMS pump price from N617 per litre to N897 per litre effective from today, Tuesday, September 3, […]
•Minister of Petroleum Resources, Heineken Lokpobiri The federal government has denied a report that the Ministry of Petroleum Resources had ordered the Nigerian National Petroleum Company Limited to sell fuel at ₦1,000 per litre. In a statement signed by the Special Adviser, Media and Communication, to the Minister for Petroleum Resources (Oi...
•PDP governors in Enugu today The Peoples Democratic Party Governors’ Forum has expressed strong concerns over the Tinubu-led federal government’s mismanagement of the economy. In a communiqué issued at the end of their meeting in Enugu today, the 13 governors of the main opposition party condemned the government’s economic policies, which the...
•Tinubu presents 2024 Appropriation Bill to NASS President Bola Tinubu, today, requested the Senate to amend the 2024 Appropriation Act and the 2023 Finance Act by increasing the budget by ₦6.2tn. Tinubu’s request is contained in a letter addressed to the President of the Senate, Godswill Akpabio, and read at plenary today. The president in [&...
•Garri The price of cassava flakes, popularly known as garri and rice have recorded more than a 50 per cent increase in Enugu metropolis. Our correspondent, who conducted a market survey today in Enugu, observed that prices of foodstuffs such as garri and rice have increased by 50 per cent in the metropolis, reports NAN. […]
•Ajaero President, Nigeria Labour Congress (NLC), Mr. Joe Ajaero, has said that organized labour may increase the minimum wage demand for N615,000 if the raging inflationary pressures, increased tariffs, taxes and rising cost of petrol and other economic challenges persist. Ajaero made this assertion when he led a delegation from the NLC on a ...
•Senate A Bill which seeks to increase the salaries and allowances of judicial officers today, Thursday, May 9, scaled second reading at the Senate. The resolution of the Senate followed its consideration and debate on a bill titled: “A bill for an act to prescribe the salaries, allowances and fringe benefits of judicial office holders [&helli...
•Telecoms Telecom operators yesterday renewed their push for end-user tariff hike to reflect the cost of doing business. The operators, acting under the aegis of Association of Licensed Telecom Companies of Nigeria (ALTON) and Association of Telecom Companies of Nigeria (ATCON) in a joint statement asked for a cost-reflective tariff of service...
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