The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase the pump price of Premium Motor Spirit (PMS), also known as petrol, to N700 per litre nationwide. The Chairman of IPMAN South-west Zone, Dele Tajudeen, stated this in an interview with the News Agency of Nigeria (NAN)…
A nautical consultant and attorney Barr. In order to lessen the anguish of Nigerians prior to the contentious subsidy removal, Tony Dania has advocated for a complete overhaul of the whole petroleum supply chain. Dania submission was sequel to the sudden removal of petroleum subsidy by the President Bola Tinubu administration which has led to…
Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is “virtually broke.” Onanuga made the remark while stressing that the subsidy on fuel is no longer sustainable. To this end, Onanuga urged Nigerian workers to support Tinubu as he develops incentives to cushion the effect of fuel subsidy removal….
The Nigeria Labour Congess (NLC) has declared a nationwide strike from next Wednesday. NLC President Joe Ajaero made the announcement after an emergency meeting of the union’s National Executive Council (NEC) in Abuja. The congress said it took the decision due to the fuel shortages across the country, following President Bola Tinubu’s inaugural speech in…
By Johnbosco Agbakwuru, Abuja (https://www.vanguardngr.com/2023/06/crush-oil-thieves-other-felons-tinubu-orders-security-agencies/) President Bola Tinubu on Thursday told Service Chiefs and heads of security and intelligence agencies to crush anyone involved in oil theft, saying that his administration will not tolerate such menace. The President also said as far as he is concerned, Nigeria should not go on her knees as…
By Emma Nnadozie, Omeiza Ajayi & Juliet Umeh, LAGOS (https://www.vanguardngr.com/2023/06/subsidy-new-playersll-make-petrol-price-come-down-kyari/) Group Chief Executive Officer of Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, said yesterday that the present high cost of petrol will crash in no distant time, allaying the fears of Nigerians about the development. It will be recalled that the company came up…
