Thoughts on government, the cost of governance, and citizens livelihood The news hit like a dirty slap, sometime in June 2023: NNPC Limited, Nigeria’s official petroleum provider had increased the official price of petrol from ₦185/ litre to ₦488/ litre.…
Tinubu approves temporary allowance for junior federal workers
President Bola Ahmed Tinubu has announced that there will be temporary increment in salary for federal government workers. Tinubu said this in his speech in commemoration of the 63rd independence anniversary of Nigeria on Sunday, October 1, 2023. According to…
Stanbic IBTC Bank Nigeria PMI®: Nigerian private sector faces contraction amid soaring price pressures
Amidst a backdrop of severe and escalating price pressures, the Nigerian private sector witnessed a concerning contraction midway through the third quarter of this year, according to the latest report from the Stanbic IBTC Purchasing Managers’ Index™ (PMI®). The survey,…
AbdulRazaq approves multisectoral palliatives to cushion fuel subsidy removal
Governor of Kwara State, AbdulRahman AbdulRazaq, has approved a series of multibillion naira palliatives to mitigate the effects of the recent removal of fuel subsidy. These palliatives are designed to cut across different sectors and demographies of the state. The…
Subsidy Removal: Group calls for calm, lauds Tinubu’s bold move
A socio-political organisation, Social Rehabilitation Gruppe (SRG) has urged Nigerians to remain calm in the face of hardship occasioned by the removal of fuel subsidy, noting that there is light at the end of the dark tunnel. Convener/National Coordinator of…
Tinubu: We can’t continue as Father Xmas to other countries with subsidised petrol
President Bola Tinubu yesterday declared that Nigeria can’t continue as Father Christmas to neighbouring African countries by providing them subsidised petrol, adding that his administration took the right decision to remove the subsidy. The President, who was speaking at an…
Boat Operators support subsidy removal, demand control of Lagos jetties
Waterfront Boat Owners and Transporters Association (WABOTAN), has declared support for President Bola Tinubu, over the removal of fuel subsidy. President of WABOTAN, Comrade Babatope Fajemirokun, who stated this in a chat with journalists in Apapa, however, urged the governor…
Tinubu: Fuel Subsidy is Gone
President Bola Tinubu has declared that there is no provision for fuel in his administration. Tinubu in his inaugural speech delivered on Monday in Abuja said there was no justification for the ever increasing fuel subsidy, saying the money would…
Remove fuel subsidy now, NECA tells government (Guardian)
The Nigerian Employers’ Consultative Association (NECA) has urged the Federal Government to remove fuel subsidy, which has become a conduit pipe for the misappropriation of funds. It argued that it subsidy was not sustainable, as the country cannot continue to…
