Nigerian Labour Unions Mobilise for Action against New Fuel Price Hike
They plan to hold an emergency National Executive Council (NEC) meeting on Friday.
They plan to hold an emergency National Executive Council (NEC) meeting on Friday.
The NLC had expressed displeasure over the new pricing template, describing it as vexatious.
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The Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari, has said that the NNPC uses the official foreign exchange rate as the rest of
It said reports to the contrary are “outright falsehood”.
It said it had been funding subsidies to the tune of N400 billion monthly and that the federal government still owed the firm N2.8 trillion spent on petrol subsidy.
The result has sent shock waves around the football world.
The company stated that the prices will continue to fluctuate due to the market dynamisms.
This was just as sovereign dollar-denominated bonds rallied.
The governors are set to deploy special monitoring teams to ensure compliance.
He said the company incurred the loss due to the inability of the Federal Government to pay for subsidy.
With this notice, Vladimir Putin will be able to attend the BRICS summit without fear of being detained.
There was no claim of responsibility for the attack which one pro-Kremlin television commentator said involved about 25 unmanned aircraft.
He said money previously meant for fuel subsidy will now be used to better the Nigerian economy.
He said he will not allow his personal interest interfere with his official conduct.
He said he would not mismanage his lifetime aspiration and none of the issues would be an excuse for non-performance or failure.
However another candidate Osita Izunaso said he should be repaid for his commitment to the APC with the Senate Presidency.
Addressing supporters from on top of a bus in Istanbul, Erdogan thanked people for voting and said Turks had given him the responsibility of governing for the next five years.
He saluted Tinubu’s courage and said he’s the best to succeed him. “You are the best candidate among all the contestants and Nigerians have chosen well.”
The Senate returned to plenary on Saturday for an emergency session.
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