The Nigeria Labour Congess (NLC) has declared a nationwide strike from next Wednesday. NLC President Joe Ajaero made the announcement after an emergency meeting of the union’s National Executive Council (NEC) in Abuja. The congress said it took the decision due to the fuel shortages across the country, following President Bola Tinubu’s inaugural speech in…

The Auditor General of the Federation should carryout a forensic audit to ascertain whether the sum of N413billion borrowed from the Central Bank of Nigeria, CBN for subsidy payments was refunded after the passage of the 2015 budget, the House of Representatives has said. This followed a report of the House Ad-hoc Committee on “Petroleum…

The National Petroleum Company (NNPC) Limited Wednesday morning officially increased fuel pump price to more than N500 in different parts of the country.

The deputy spokesperson for the All Progressives Congress (APC) Presidential Campaign Council, Hannatu Musawa, said she expects President Bola Ahmed Tinubu to come down hard on defaulting petroleum marketers. Tinubu in his inaugural speech at the Eagle Square in Abuja on Monday after he was sworn in as Nigeria’s 16th President said the era of…

All parts of Nigeria – from the East to the West, North to South – were almost grounded to a halt in a jolt reaction to Monday’s President Bola Tinubu’s inaugural address where he declared that ‘petrol subsidy is gone.’

Kaduna State Governor, Nasir El-Rufai has blamed President Muhammadu Buhari for continuation of the petrol subsidy regime.

It does appear or so it seems that the Buhari administration has found a way of sorting out the problem of petrol subsidy. It has borrowed a handsome sum of $800 million from the World Bank.