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: subsidy
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. …
The Nigerian Bar Association, NBA, has advised President Bola Tinubu to immediately deploy measures to address the ensuing difficulties associated with the withdrawal of fuel subsidy. In a congratulatory message written by the NBA President, Senior Advocate of Nigeria, Yakubu Maikyau, to President Tinubu on Tuesday, June 13, the body said fuel subsidy removal was a right step in the right direction but the level of infrastructural deficits in many respects and the reliance on petroleum products as the …
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.
Former Nigerian Vice President Atiku Abubakar has alleged that former Governor of Edo state and chairman of the ruling All Progressive Congress, Adams Oshiomole frustrated the Obasanjo-led administration’s plan to remove fuel subsidy. The former Presidential candidate of the Peoples’ Democratic Party revealed this in tweets he shared on Saturday night. He recalled being the one assigned to negotiate with the NLC chairman, a meeting that ended up not being unsuccessful. Atiku tweeted; “The Obasanjo government in which …