Nigerians are advised to embrace cycling as an alternative means of transportation amid fuel subsidy removal. June 3 is recognized as World Bicycle Day to raise awareness about its sustainability. Cycling is economically cheaper, reduces emissions, and improves physical and mental health. EKO HOT BLOG reports that Nigerians have been advised to embrace cycling as … Read more
Says the action shows Tinubu came prepared Wike speaks on plans to dump PDP Calls on Nigerians to support the subsidy removal policy Eko Hot Blog reports that Nyesom Wike, former governor of Rivers state has defended President Bola Tinubu’s decision on subsidy removal, saying it is he is he’s prepared for the job. Wike … Read more
The TUC has rejected the removal of fuel subsidy announced by President Bola Tinubu during his swearing-in ceremony. TUC demands robust dialogue and consultation with stakeholders before taking action on such an issue. They also urge the Tinubu administration to involve organized labour, employers of labour, professional organizations, and the informal sector in their promised … Read more
The Nigerian Government borrowed $800 million from the World Bank to cushion the effect of fuel subsidy removal but postponed the removal and still has the loan. CISLAC, an advocacy group, urges the government to return the loan due to the worsening debt crisis and reckless spending. The group calls for financial watchdogs to monitor … Read more
The Nigerian Labour Congress is yet to take a stand on the issue of fuel subsidy removal, which will be decided after the inauguration of the new administration on May 29th. The NLC is waiting to engage with the incoming government before deciding on a position. The vice president of the NLC denies accusations by … Read more
The NLC has been heavily criticized by Tinubu’s faction for opposing the removal of fuel subsidies. According to the NLC, removing fuel subsidies will fire the country. Reacting to the NLC’s warning, Keyamo said the NLC ‘contradicted itself’. EKO HOT BLOG reports that the Chief Spokesperson for the Bola Tinubu Presidential Campaign Council (PCC), Festus … Read more
The proposed increase in the price of petrol had been met with outrage from individuals and groups… EKO HOT BLOG reports that amid the controversy trailing the planned fuel subsidy removal, Femi Adesina has insisted that the Federal Government did not rescind its decision because of the forthcoming elections. Adesina, the President’s Special Adviser on … Read more
The labour leader said the nation’s refineries should be fixed to put an end to importation EKO HOT BLOG reports that the Nigeria Labour Congress (NLC) has cautioned the federal government against removing oil subsidies. There is apprehension over the National Economic Council (NEC) recommendation of ₦302 per litre of petrol. Ikechukwu Nwafor, Ebonyi NLC … Read more