Tinubu urges Nigerians to reduce electricity bills by switching off lights. Electricity and petrol price hikes have sparked public criticism. Edwin Clark calls on Tinubu to avoid nepotism in appointments. President Bola Tinubu has advised Nigerians to switch off their lights to help reduce electricity bills amidst rising energy costs. Following his inauguration in May … Read more
Tinubu Defends Fuel Subsidy Removal, Says No Regret Over Swift Action President Bola Ahmed Tinubu has defended his decision to immediately remove the fuel subsidy upon assuming office on May 29, 2023, stating that it was necessary to safeguard Nigeria’s future and that of generations to come. EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires … Read more
The Trade Union Congress (TUC) has called on the Federal Government to reduce petrol prices, urging them to lower costs even below June 2023 levels. TUC President Festus Osifo made this appeal during a press briefing in Abuja on Thursday. “We demand that the price be brought down, not just to what it was before, … Read more
The Nigerian National Petroleum Company Limited (NNPC) is set to implement a new pricing regime for petrol after lifting approximately 103 million litres from Dangote Refinery between September 15 and 30, 2024, Premium Times reports. EDITOR’S PICKS Health, Planning Ministries Partner with AfDB on Sustainable System Project Shamim Ahmed: Student Ally of Bangladesh’s Ex-Prime Minister … Read more
The Nigeria Labour Congress (NLC) and former Vice President Abubakar Atiku have expressed concern over the recent hike in petrol prices by the federal government, warning that it has pushed most Nigerians to a breaking point. Speaking over the weekend, Atiku emphasized that the hike, along with plans to increase Value Added Tax (VAT), will … Read more
As frustrations rise over the recent spike in petrol prices, the Nigeria Labour Congress (NLC) has demanded that the federal government reverse the hike and return prices to ₦617 per litre. The NLC President, Comrade Joe Ajaero, stated that the government’s decision contradicts an earlier agreement reached during negotiations. EDITOR’S PICKS Police Arrest Man For … Read more
The National Association of Nigerian Students (NANS) has confirmed plans to proceed with a nationwide protest against the recent petrol price hike, despite mounting economic challenges. EDITOR’S PICKS I’ll Support Nigerian Govt Find Solution To Farmers/Herders’ Crises –Emir Sanusi Lagos Ministry of Transportation Joins the Fight Against Gender-Based Violence in 2024 Campaign Sanwo-Olu Encourages Journalists … Read more
Vice President Kashim Shettima on Thursday held a meeting with the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the National Security Adviser (NSA), Nuhu Ribadu, to discuss the recent hike in petrol prices in Nigeria. The meeting, which took … Read more
The Nigerian National Petroleum Corporation Limited (NNPCL) has reportedly suspended the sale of Premium Motor Spirit (PMS), commonly known as petrol, to independent marketers following a price hike to N855 per litre at its retail outlets nationwide. This decision, made on Tuesday, has exacerbated fuel scarcity, leading to widespread protests and long queues at petrol … Read more
Nigerians are grappling with frustration as petrol prices soar to an unprecedented ₦855 per liter at NNPCL stations, particularly in Lagos, worsening the fuel scarcity and increasing the cost of living. The steep hike has drawn widespread criticism, with many, including Nollywood actress Kate Henshaw, voicing their concerns on social media. EDITOR’S PICKS Police Arrest … Read more
The Nigeria Labour Congress (NLC) has condemned the federal government for betrayal following the Nigerian National Petroleum Company’s (NNPC) increase in petrol prices. In a statement on Tuesday, NLC President Joe Ajaero criticized the government’s move to raise the pump price to ₦855 per litre, emphasizing that it contradicts their agreement to keep fuel prices … Read more
Eko Hot Blog reports that the Nigerian National Petroleum Company (NNPC) Limited has denied plans to increase its pump prices. The NNPC, in a statement issued Friday, said it values its customers’ patronage and does not intend to increase its Premium Motor Spirit (PMS) pump prices. Editors Pick K1 Band Members Abscond After Show In … Read more
Eko Hot Blog reports that the Nigerian National Petroleum Corporation Limited (NNPCL) on Monday evening reacted to the speculations that petrol prices might be increased. The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday indicated that the pump price of Premium Motor Spirit (PMS) may rise to about N750 per litre. Editors Pick BREAKING: … Read more
The All Progressives Congress (APC) says it’s not unmindful of the discomfort and financial strain the electricity tariffs and increase in petrol price has brought on Nigerians. It however said the pain brought about by the reforms are temporary and citizens will start reaping the benefits soon. The party made its position on the contentious … Read more
The presidency says Nigerians should not be swayed by the rhetorics of the Peoples Democratic Party (PDP) in the wake of the increment in petrol price Garba Shehu, spokesman of President Muhammadu Buhari, Garba Shehu, gave the admonition in a tweet on his Twitter handle on Tuesday. He said the product sold at a higher … Read more
Presidency says past administrations lacked the courage to take unpopular decisions. The presidency on Saturday said posterity will be kind to President Muhammadu Buhari as he would be remembered for having the courage to take decisive actions and bold steps that are motivated by pure altruism and greater good of all. The senior special assistant … Read more
Group says present administration can’t avert the Imminent anarchy The Coalition of Northern Groups (CNG) has threatened nationwide protest over increase in price of petrol, saying the development has engendered widespread discontent. The group enjoined the federal government to “immediately suspend” the recent increase in pump price of petrol and electricity tariff or face a … Read more
The federal government no longer determines petrol price Deregulation of sector has been politicised The federal government has absolved president Muhammadu Buhari of any blame that characterised the aftermath of the increment in petrol prices. Minister of state for petroleum resources, Timipre Sylva, says the power to determine the price of premium motor spirit (PMS), … Read more
By Fredrick Nwabufo The Buhari administration has ruptured the ceiling of liberties it enjoys. Like King Solomon in his last uneventful years, the government has compounded the yoke of the people with the rocketing of the prices of essential commodities. It appears the administration has lost its sensory organ and has become insentient to the … Read more