Fuel Subsidy Removal: Fury as Nigerians Battle Jonathan

From Lagos to Abuja, Benue to Kano, Bauchi to Kwara, Oyo to Kogi – the story is the same: A groundswell of mounting protests, like a bushfire, has continued to ravage the country, a fallout of Federal Government’s subsidy removal. The protests, interestingly, took a new turn in Lagos, as protesters from an unlikely quarter […]

Fuel subsidy protests across Nigeria•Transport fares, commodity prices jacked up

PROTESTS broke out in different parts of the country on Monday, as labour unions threatened to paralyse the country over the removal of fuel subsidy by the Federal Government. In Lagos, Ilorin, Kano, Abuja and other cities, there were protests by hundreds of people over the removal, which had affected virtually everything. Many passengers were […]

Subsidy Removal : Labour leaders meet tomorrow on strike date

Oil workers reject hike, vow to fight *It ‘ll discourage saving, bankers warn BY VICTOR AHIUMA-YOUNG LAGOS – LEADERS of Nigeria Labour Congress, NLC, and their Trade Union Congress of Nigeria, TUC, counterpart, will tomorrow meet to fix a date for the commencement of a general strike, mass protest and rally to force government to […]

Nzeribe to Jonathan: Remove corruption subsidy before that of fuel

Senator Francis Arthur Nzeribe has lamented that irrespective of the campaign by the Federal Government on the need to rid the nation of fraud in public offices, the campaign has not yielded any result. As a way of tackling the problem, Nzeribe challenged President Goodlcuk Jonathan to first remove the government subsidy on gross and […]

Oil Subsidy Removal: Jonathan still consulting – Okonjo-Iweala

By Emma Ujah, Abuja Bureau Chief & OKEY NDIRIBE ABUJA— Contrary to reports that the federal government has finally removed fuel subsidy, the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, disclosed yesterday, that Goodluck President Jonathan was sill consulting and would announce his decision on the issue at the end […]

65,000 barrels of crude not missing, says NNPC

THE management of the Nigerian National Petroleum Corporation (NNPC) yesterday faulted media report that the corporation was unable to account for 65,000 barrels of crude supply out of the 445,000 barrels allocated to it daily by government at international market price for domestic refining. In a statement by the Group General Manager, Group Public Affairs […]

Consult widely on subsidy, EU cautions Jonathan

By Emma Ujah & Victoria Ojeme ABUJA—European Union Ambassador to Nigeria, Mr. David MacRae, has urged the Federal Government to engage in wider consultations and enlightenment of the public on fuel subsidy removal for proper understanding. He said the negative reaction from the general public on the proposed removal of subsidy from petroleum products was […]

36 govs endorsed fuel subsidy removal -Lamido reveals

ALL the 36 state governors of the federation are fully in support of the proposed removal of subsidy from petroleum products by the Federal Government, Jigawa State governor, Alhaji Sule Lamido, has revealed. Alhaji Lamido made the disclosure while speaking at the closing ceremony of a workshop organised for business editors and finance correspondents by […]

Senate moves to end gas flaring before 2015

  PLANS are underway by the Senate to stamp out the scourge of gas flaring in the Niger Delta before the year 2015. Chairman, Senate Committee on Ecology and Environment, Bukola Saraki, stated this yesterday in Ilorin, Kwara State. According to him, relevant bills to fast-track the process and meeting this target would soon be […]

First Private Refinery Begins Operation in Rivers State

Minister of Petroleum, Mrs. Diezani Alison-Madueke By Ejiofor Alike A private refinery owned by Niger Delta Petroleum Resources Ltd (NDPR), a subsidiary of Niger Delta Exploration and Production Plc, has begun operation in Rivers State. The firm has also been granted a Licence to Operate (LTO) by the Federal Government. Built at Ahaoda East Local […]

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