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 […]
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 […]
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 […]
THE indefinite nationwide strike declared by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) against the removal of petrol subsidy by the Federal Government began yesterday on a peaceful note in most states of the federation. Except in a few cases, where some security personnel displayed excessive use of force, there were […]
As part of efforts to cushion the pains cause by teh oil subsidy removal, President said he will on Sunday launch a mass transit bus scheme in partnership with the organized labour and other stakeholders. Here is the full text of the broadcast: Dear Compatriots, 1. A week ago, I had cause to address Nigerians […]
Jan. 9, 2012 Dear Friend, A season of discontent is upon us again. You have heard of government’s recent decision and you want to join in the protests. We have argued about it all before. You are aware that you and I at least agree on one thing and that is your right to freely […]
By Dr Olayiwola Ajileye, Champions for Nigeria Organisation, Jan. 9, 2012- Nigeria is a nation blessed with abundant natural resources, the major one being about 35.5 billion barrels of Oil with potential for more deep offshore production and 180 trillion cubic meters of gas reserves according to the United State Energy Information Administration (EIA). This […]
By Leburah Ganago, Atlanta, USA – Jan. 9, 2012 – Oil subsidy removal has become a recurring decimal in the economic or is it political, equation of successive Nigerian administrations; military or civilian. It is a bitter pill recklessly forced down the throat of Nigerians, every now and then, by their usually dubious rulers. In […]
Demonstrations protesting the removal of the gas subsidy in Nigeria will take place at the World Bank on Monday, January 9th at 11am to 1pm and at the International Monetary Fund (IMF) on Friday, January 13th at 10am to 2pm in Washington DC “Since being elected into office, the current Nigerian Government has been extremely […]
THE removal of fuel subsidy by the Federal Government as a deliberate policy aimed at conserving and maximizing the oil wealth of the word’s sixth highest petroleum producer/exporter, has attracted national and international discourse since the Goodluck Jonathan’s administration made its intention known to the public. Economic experts, including the Central Bank governor, Sanusi Lamido […]
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