The ruling All Progressives Congress (APC) faces its first test as President Tinubu removes fuel subsidy, according to APC’s National Vice Chairman, Salihu Lukman. The threat of a nationwide strike by the Nigeria Labour Congress challenges the government’s commitment to reform and modernize the country. Lukman emphasizes the need for mobilizing citizens’ support and engaging … Read more
The National Working Committee of the PDP is meeting today The meeting is to discuss various issues, including the removal of subsidy on petrol, reconciliation within the party, and upcoming governorship elections. The committee will be presided over by the acting National Chairman, Umar Damagum, and details of the meeting are currently unknown. EKO HOT … Read more
The Coalition of Oodua Self-Determination Groups supports Tinubu’s decision to remove fuel subsidy and The group urges Nigerians to do the same, emphasizing that Nigeria cannot afford to continue budgeting trillions of naira on subsidy alone. They believe the funds allocated to subsidy can be better utilized to address various deficits and improve the quality … Read more
TUC Demands Reversion to Old Petrol Pump Price and Minimum Wage Increase as Resistance against Subsidy Removal Grows. The Trade Union Congress (TUC) has asked the Federal Government to revert to the previous petrol pump price of N194 per litre and increase the minimum wage to mitigate the impact of subsidy removal. Negotiations are … Read more
APC USA chairman assures Nigerians of palliatives planned by President Tinubu after fuel subsidy removal, urging patience. NLC opposes the removal and plans nationwide strike. APC USA chieftain supports removal, expects President Tinubu to mitigate impact in the coming months. EKO HOT BLOG reports that the Chairman APC USA, Prof. Tai Balofin on Sunday in … Read more
The Nigerian Union of Journalists rejects subsidy removal, supports nationwide protests if pump prices aren’t reversed. High inflation and reduced purchasing power could lead to social unrest. NUJ directs members to start industrial action from June 7th if price regime remains. EKO HOT BLOG reports that the Nigerian Union of Journalists has rejected the sudden … Read more
Atiku Abubakar, the Presidential candidate of the PDP, has criticized President Tinubu for removing fuel subsidy without providing palliatives or consulting the affected sectors. Atiku expressed his dissatisfaction during the PDP Retreat for Elected Officials. The decision led to panic buying and a significant increase in pump prices. EKO HOT BLOG reports that the … Read more
APC governors has declared support for subsidy removal policy The governors also called on other citizens of the country to rally round and support the decision. However Uzodimma raised concern about the increase of Petrol price after Tinubu’s inauguration speech. EKO HOT BLOG reports that Governors elected on the platform of the ruling All Progressives … Read more
Promises to make at least one refinary active this year Eko Hot Blog reports that the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC Limited, Mele Kyari says the Nigerian President, Bola Tinubu plans to provide palliative to citizens to reduce the hardship brought on by the fuel subsidy removal. Mr. Kyari disclosed … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the prices of Premium Motor Spirit (PMS) will not decrease despite the production from Dangote Refinery and Port Harcourt Refinery. The CEO of NNPCL, Mele Kyari, stated that local production does not guarantee a reduction in prices, as refineries will consider production costs. Kyari also … Read more
The NLC has criticized the NNPCL for releasing a new pump price for fuel. They described it as “an ambush” and accusing the government of putting pressure on the people. The NLC urges the government to withdraw the pricing template and allow for open discussions between all parties involved. EKO HOT BLOG reports that the … Read more
NLC says it will oppose the decision if no measures are put in place Warns the President that subsidy removal without measures is a costly gamble Eko Hot BlogReports that the Nigeria Labour Congress, (NLC) has urged President Bola Ahmed Tinubu to put palliative measures in place before removing fuel subsidy. Mr Joe Ajaero, the … Read more
FG has clarified announcement on fuel subsidy removal Recall that in his inauguration speech on Monday, the President stated that the subsidy is over However, latest reports has reveled that the subsidy will end after June. EKO HOT BLOG reports that the Asiwaju Bola Ahmed Media Centre has explained the announcement of the removal of … Read more
Reps members have commended Tinubu on fuel subsidy removal The present removed the subsidy yesterday during his inauguration speech Though some are happy with the decision, it has caused significant rise in fuel price EKO HOT BLOG reports that the House of Representatives has hailedPresident Bola Tinubu for his decision to remove subsidy on Premium Motor … Read more
‘We will shut down Nigeria if Fuel price increase’, NLC warns the Federal government in New Year message EKO HOT BLOG reports that Nigeria Labour Congress, NLC, on Friday, said that it will shut down the nation if there is any further increase in the pump price of fuel. it insists that workers and masses … Read more
The serving overseer of the Citadel Global Community Church, formerly known as Latter Rain Assembly, Tunde Bakare, says his decision to join the campaign against subsidy removal in 2012 during the administration of former president Goodluck Jonathan was informed by the need to give voice to the voiceless. Recall that economic activities in the country … Read more
The federal government says the decision to fully deregulate the downstream sector is not unconnected to the fact that subsidy on petrol product didn’t have the intended effects. Group managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says some cabals were the enriching themselves with subsidy payment. Kyari made this know when … Read more
By: Dr. Abdulkareem Onakoya, Foresight Institute of Research and Translation, Ibadan, Oyo state. The recent move by the federal government to remove the subsidy purportedly meant to put the Nigerian populace on the ‘smiling side’ was an ‘over-delayed’ step to push the economy from the doldrums. An average Nigerian was only blindsided by the timing … 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
By Simon Kolawole You campaign in poetry. You govern in prose. Former governor of New York, Mario Matthew Cuomo, now of blessed memory, said those immortal words 35 years ago. Poetry is relatively short and flowery; prose is much longer and less flowery. Yoruba would render the same thing Cuomo said as “enu dun r’ofo” … Read more