Eko Hot Blog reports that many residents of the Eredo Local Council Development Area (LCDA) were left excited during the week after the area’s administration launched the “Free Raw Food Outreach.” The LCDA said the outreach was aimed at alleviating the economic effects of the fuel subsidy removal. The event, which took place on Thursday, … Read more
EKO HOT BLOG reports that Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu for not disclosing spending details of the approximated N400bn saved from the recent removal of the petrol subsidy. SERAP’s legal action, bearing the suit number FHC/L/CS/1514/2023 and lodged at the Federal High Court in Lagos, … Read more
Eko Hot Blog reports that Senator Mukhail Adetokunbo Abiru, representing Lagos East Senatorial District, has donated food packs to vulnerable constituents. The senator said the move was aimed at alleviating the economic challenges exacerbated by the removal of fuel subsidy. EDITOR’S PICKS Kayokayo Festival: Epe Ogunmodede Club Defeats Epe Club In Thrilling Novelty Match Epe … Read more
Eko Hot Blog reports that the Aremo of Epe Kingdom, Otunba TJ Abass, has implored Nigerians to be patient with President Bola Tinubu amid the economic hardship they are experiencing. Otunba Abass spoke on Friday at a press conference for the Epe Kayokayo festival in Epe, Lagos State. EDITOR’S PICKS Kayokayo Festival Keeps Progressing, Now … Read more
Eko Hot Blog reports that President Bola Tinubu has ordered the immediate review of the proposed N8,000 conditional cash transfer to Nigerians to cushion the effect of the petrol subsidy removal. In a press statement issued on Tuesday night, Dele Alake, special adviser to the president on special duties, communications and strategy said Tinubu has … Read more
EKO HOT BLOG reports that the camp of the 2023 presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has described the planned fuel subsidy removal palliative by the the present administration as just another avenue to steal public funds. The Special Assistant to Atiku on Public Communication, Phrank Shaibu in a statement on … Read more
EKO HOT BLOG reports that Nigerian lawmakers have opened up on their situation since President Bola Ahmed Tinubu announced fuel subsidy removal. According to them, their monthly salary is no longer enough to meet their needs since the government stopped the payment of subsidy on the Premium Motor Spirit (PMS), also known as petrol or … Read more
EKO HOT BLOG reports that President Bola Ahmed Tinubu on Wednesday wrote to the National Assembly seeking an amendment to the 2022 supplementary appropriation Act. This online media platform gathered that this is to allow the Federal Government source N500 billion for palliative to cushion the effect of subsidy removal. EDITOR’S PICKS Akpabio Announces Chairmen, … Read more
For decades, the topic of subsidy in Nigeria has been a contentious issue, eliciting heated debates and causing economic ripples. The subsidy regime, primarily focused on petroleum products, has long been perceived as a means to alleviate the burden on the masses. However, recent developments and changing global dynamics call for a reevaluation of this … Read more
EkoHotBlog reports that Garba Shehu, spokesman of former President Muhammadu Buhari has said the All Progressives Congress (APC) would have lost the presidency if the former president had removed fuel subsidy. Recall President Bola Tinubu who took over from the immediate past president, Muhammadu Buhari removed fuel subsidy as soon as he assumed power on … Read more
Former Aviation Minister Osita Chidoka advises Tinubu to ease hardship caused by fuel subsidy removal by eliminating bank charges and reducing pension contributions. Chidoka proposes removing bank transfer charges and implementing a flat rate for IT support, while also reducing employees’ pension contributions. These measures would increase disposable income and alleviate financial burdens for workers. … Read more
IPMAN accuses NNPCL of withholding petrol that its members paid for more than 6 months ago. NNPCL has not yet responded to the allegations. IPMAN is calling on the government to intervene to avert a petrol scarcity. EKO HOT BLOG reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has accused the Nigerian National … Read more
It has been two weeks since President Bola Tinubu took the oath of office as the 16th commander-in-chief of the Federal Republic of Nigeria. As he promised in his inaugural speech on May 29, 2023, he has hit the ground running and seems to be taking all the right decisions as it stands. Since President … Read more
In the heartland of Africa’s largest nation, a contentious issue has ignited a fiery discourse, enveloping citizens in a tapestry of debate and concern—fuel subsidy removal. President Bola Tinubu’s resolute decision to eliminate these subsidies has plunged the nation into an enigmatic haze of uncertainty, where shadows of inflation, economic deceleration, and social unrest loom … Read more
Eko Hot Blog reports that President Bola Tinubu has urged Nigerians to “sacrifice a little more,” saying he feels their pains as the effects of the fuel subsidy removal bite harder. He made the plea during his Democracy Day National Broadcast on Monday morning. EDITOR’S PICKS READ: Full Text Of President Bola Tinubu’s Democracy Day … Read more
President Tinubu hails MKO Abiola as democracy’s symbol and pledges massive investments to improve Nigerians’ lives despite fuel subsidy removal. Tinubu defends the decision to remove subsidies, promising infrastructure, education, and healthcare improvements to alleviate citizens’ hardships. Emphasizing the rule of law, Tinubu rejects illegal orders, enacts retirement age reform, and highlights the contested … Read more
By abiodun KOMOLAFE I am an angry Nigerian and those who know me must know why I have to be! As the pioneer Administrative Secretary of the Afenifere Renewal Group (ARG), one of the major organizers of the famous Occupy Nigeria in 2012, yours sincerely can conveniently align his thoughts with a parody in Yoruba … Read more
By Judith Ukoh Eko Hot Blog reports that a support group known as the Bola Tinubu-Shettima Network (BTSN) has reaffirmed its unwavering support to the presidency and expressed confidence in President Bola Ahmed Tinubu. The group made this known to Eko Hot Blog in an interview in Abuja, Nigeria’s capital. EDITOR’S PICKS Tinubu Suspends Emefiele … Read more
Oil marketers, represented by the Independent Petroleum Marketers Association of Nigeria (IPMAN), have disclosed that they possess the necessary numerical strength to bring down the pump price of Petrol. This is in response to the ongoing fuel subsidy removal discussions that has plagued the Nigerian political space. President Tinubu, during his inauguration, declared an … Read more
Tinubu meets with oil marketers over fuel subsidy removal Directs NEC to fast-track palliatives and intervention programs Marketers pledge no fewer than 100 high-capacity buses to FG Eko Hot Blog reports that President Bola Ahmed Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima, to begin the process of working … Read more