The Public Affairs Service of CMC Connect LLP, a leading communications consultancy, has counselled the Bola Tinubu administration to channel fuel subsidy funds into investment in public infrastructure, education, health care, agriculture, and jobs creation, among other critical areas. In its advisory on the fuel subsidy tango between the government, labour and the citizens, the firm, which however disagreed with …

Nigerians have been advised to embrace cycling as alternative means of transportation in the midst of fuel subsidy removal in the country. At the celebration of the 2023 World Bicycle Day on Saturday, Oyo State Sector Commander of the Federal Road Safety Corps (FRSC), Joshua Adekanye said that it is advisable for the general public to make use of bicycles …

Group Chief Executive Officer of NNPC Limited, Malam Mele Kyari has said that contrary to speculations, the Muhammadu Buhari administration did not make provisions for petroleum subsidy in the 2023 budget. At a meeting with the Senator Abdullahi Adamu-led APC National Working Committee of the All Progressives Congress, held at the party’s National Secretariat in Abuja earlier today, Kyari said: “There …

President Bola Ahmed Tinubu is under fire for announcing that petrol subsidy is gone from Day One. His inauguration address also touched on a unified currency exchange, high interest rate and power, among others. Of all these, however, the one that got the headlines was petrol subsidy and the most frequently expressed concern, is why now? To say, in his …

Former Ekiti State governor, Mr, Ayodele Fayose has said that President Bola Tinubu has taken the best and wisest decision for the collective good of Nigeria and its people on the removal of fuel subsidy. During his inaugural speech on Monday, the President said that the subsidy is no longer sustainable in Nigeria, stressing that it is gone.’ Fayose, a …

The Nigeria Labour Congress (NLC) has tasked President Bola Tinubu to ensure the speedy execution of all his policies for the betterment of the country. While congratulation him on Tuesday in Akure, the Ondo State capital, the state NLC chapter Chairman, Mr Oladele Amoko advised President Tinubu to ensure that the removed fuel subsidy funds do not end up in …

Apparently in reaction to President Bola Ahmed Tinubu’s declaration that “fuel subsidy is gone”, queues surfaced in some stations in Lagos and the federal capital, Abuja today. Fuel subsidy was meant to be stopped at the end of June, which President Tinubu affirmed in his inaugural address. Daily Trust reports that NNPC stations in Ikeja, Alausa was crowded by motorists …

Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has counselled Asiwaju Bola Tinubu, as he takes over the presidency of the country, not to rush in removing subsidy in Premium Motor Spirit (PMS) (commonly known as petrol) because of its socio-economic implications. In a statement by NUPENG’s President and General Secretary, Prince Williams Akporeha and Afolabi Olawale, the union …

The fuel subsidy debate took the front burner of a policy conversation and book presentation attended by eminent personalities in Abuja yesterday. Some of the dignitaries — former Emir of Kano, Lamido Sanusi; Kaduna State Governor Nasir El-Rufai, and World Bank Country Director in Nigeria, Shubham Chaudhuri — said the policy should be stopped because of its negative impact on …

Barring any last-minute change of plans, President Muhammadu Buhari will give his final assent for the payment of the planned increase in civil servants’ pay by the end of this month, which as 12 days away. If the proposal sails through, it means the increase will be coming about two months ahead of the proposed removal of petrol subsidy. Officials of …