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Oil Politics, Olusegun Obasanjo (1976-79, 99-07), Presidency
Thursday, January 12th, 2012
January 12, 201243 Comments Former Minister of Aviation, Mr. Femi Fani-Kayode, on Thursday said erstwhile President Olusegun Obasanjo resisted pressure from then Finance Minister, Dr. Ngozi Okonjo-Iweala, between 2006 and 2007 to implement full deregulation. Fani-Kayode made the revelation while addressing protesters at Area One, Abuja during the public march against the Federal Government’s removal […]
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Kaduna, Oil Politics, State News
Thursday, January 12th, 2012
Residents of Kaduna metropolis have received the 24-hour curfew imposed by the state government with mixed reactions. The News Agency of Nigeria (NAN) reported that the state government announced the imposition of the curfew on Tuesday, after its security council meeting which reviewed the ongoing petrol price hike protest and the attendant nationwide strike called […]
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Latest Politics, Oil Politics
Thursday, January 12th, 2012
CIVIL society groups, on Wednesday, said it saluted the courage of Nigerians and appreciated the fact that the main rallies against the fuel subsidy removal by the Federal Government had so far registered over three million protesters with many more yet-to-be enumerated clusters springing up. This came as the groups urged Nigerians at home and […]
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Latest Politics, Oil Politics
Wednesday, January 11th, 2012
The Federal Government on Wednesday vowed to press ahead with its controversial deregulation policy, saying it would not revert the pump price of fuel from N141 to N65. Addressing State House reporters at the end of the Federal Executive Council meeting at the Council Chambers of the State House, Abuja, the Minister of Information, Mr. […]
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Articles, Columnists, NNP Columnists, Oil Politics, Olu Ojedokun, PhD
Wednesday, January 11th, 2012
By Olu Ojedokun, London, UK – Jan. 11, 2012 – Over six months ago with painstaking analysis and a heavy heart we issued a paper titled ‘An Affordable Government’ to alert the government and the Nigerian people to the dangers of the profligacy contained in the budget. Today we face a crisis of monumental proportions […]
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Headlines, Kaduna, Oil Politics, State News
Wednesday, January 11th, 2012
Labour and civil society groups in Kaduna on Tuesday suspended street demonstrations after a teenager was shot by the police during the ongoing protest against fuel subsidy removal. The unidentified teenager was shot around the Old Panteka in the Tundun Wada area of the state capital. An eyewitness, who pleaded anonymity, said the teenager was […]
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Headlines, Oil Politics
Tuesday, January 10th, 2012
THERE are three levels of high fraud that the removal of subsidy will tackle. The first is fraudulent payment on phoney import of PMS. The product is fraudulently certified as imported into Nigeria but is actually diverted to other countries in West Africa. Meanwhile, the documentation is perfected by criminal elements in Customs, Directorate of […]
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National Politics, Oil Politics, Top Stories
Tuesday, January 10th, 2012
By Our Reporters ABUJA—The Senate, yesterday, joined the House of Representatives in asking President Goodluck Jonathan to revert fuel pump price to N65 per litre. In a closed door session, the senators urged the Senate President, Senator David Mark to convey the message of the upper chamber to President Jonathan within 24 hours. This came […]
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Headlines, Oil Politics
Tuesday, January 10th, 2012
THE decision by the Federal Government to remove subsidy on petrol came to many as a bang. For an aviation industry that is reeling under so many taxes, uncertainty, harsh business climate, this action would sure have serious impact on the sector. Agreed that aviation fuel, otherwise known as JET A1 had been deregulated, cost […]
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Headlines, Oil Politics
Tuesday, January 10th, 2012
FG Orders massive deployment of paramilitary personnel across the federation THE nationwide strike over the removal of subsidy on petrol enters the second day, as thousands of protesters marched in the streets of Lagos, Abuja, Akure, Calabar, Port Harcourt, Kaduna and some other cities in the country. And as the impasse between the Federal Government […]
