The Federal government has dismissed reports claiming it has restored subsidy for premium motor spirit (PMS), also known as petrol. Oil marketers and a section of organized Labour have recently alleged that the government had restored the subsidy, contrary to its earlier resolve, claiming that with the removal of the subsidy, fuel pump price stability, despite fluctuations, is unexplainable. The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Festus Osifo in a recent …
Tag: fuel
President Bola Tinubu on Tuesday, August 15 assured Nigerians that there will be no increase in the pump price of Premium Motor Spirit (PMS), or petrol, anywhere in the country. According to the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, the petroleum market has been deregulated and will remain same way. He stated that the FG will address the inefficiencies within the midstream and downstream petroleum subsectors to maintain prices where they are without having …
Governor Hope Uzodinma of Imo state has increased the minimum wage of workers in the state to N40,000. The governor made this known while addressing members of the state executive council on Saturday, July 15. He said the current economic situation caused by the removal of fuel subsidy is biting hard on the people and that the increment in salaries is to help cushion the hardship civil servants in the state are facing due to the fuel subsidy removal. …
A student of University of Maiduguri arrived at campus on his donkey as hike in the pump price of fuel has led to increment in transportation fares. The post Fuel subsidy: University of Maiduguri student reportedly arrives at campus on a donkey as transport fares skyrocket appeared first on Linda Ikeji Blog.
Airline Operators of Nigeria (AON) have insisted on shutting down domestic flights across the country from Monday May 9, over increased price of aviation fuel. In a statement released after the federal government’s asked them to consider the multiplier effect of their decision on travellers, the AON maintained they are not on strike but can continue to pay upfront in cash at N700 per litre for JetA1 which has increased their cost of operation on a daily basis to about 95 …
Lagos state government has sealed up the event center where kegs containing petrol were distributed as souvenirs. The Lagos State Commissioner, Gbenga Omotoso, had earlier in the day released a statement condemning the act and said the state government would ensure those involved will account for their action. According to him, the act was highly dangerous. An update shared by Jubril Gawat, Senior Special Assistant (SSA) to the Governor of Lagos State on New Media, says the event …