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Subsidy Removal Announcement Hastily Done –  Fayemi

Subsidy Removal Announcement Hastily Done – Fayemi

Dr Kayode Fayemi, former executive governor of Ekiti State has said that the announcement of petrol subsidy removal by President Bola Tinubu on May 29, 2023, was “a little bit precipitous”. Fayemi made the remark…

Petrol Price May Crash To N300/Litre – Modular Refineries

Petrol Price May Crash To N300/Litre – Modular Refineries

The operators of Modular Refineries have revealed that the price of Premium Motor Spirit (PMS), otherwise known as petrol or fuel, is expected to drop to around ₦300 per litre once the Dangote Petroleum Refinery…

JUST-IN: FG Gives Fresh Update On New Minimum Wage

JUST-IN: FG Gives Fresh Update On New Minimum Wage

The Federal Government through the Ministry of Finance has disclosed that it is set to conduct a nationwide public hearing as part of the process towards the implementation of a new minimum wage for Nigerian workers.…

Nigeria Economy Not In A Mess, Better Than Europe – David Roberts

Nigeria Economy Not In A Mess, Better Than Europe – David Roberts

Former British Council Director in Abuja, David Roberts has said Nigeria’s economy which posted a Gross Domestic Product (GDP) growth of 3.46% in Quarter 4, cannot be said to be in a mess. Roberts who…

FG Pays N1trn Monthly As Petrol Subsidy — Dikerman

FG Pays N1trn Monthly As Petrol Subsidy — Dikerman

Robert Dikerman, Chief Executive Officer (CEO), and Managing Director of Pinnacle Oil and Gas Limited, has said that the Nigerian Government still pays one trillion naira every month for Premium Motor Spirit (PMS) also known…

Oyo APC Tackles Makinde, Says You’ve No Authority To Criticise Tinubu For Removing Fuel Subsidy

Oyo APC Tackles Makinde, Says You’ve No Authority To Criticise Tinubu For Removing Fuel Subsidy

The Oyo State chapter of the All Progressives Congress (APC) on Wednesday said Governor Seyi Makinde lacks the authority to criticise President Bola Ahmed Tinubu for removing subsidy on Premium Motor Spirit (PMS), otherwise known…

Naira Fall: Group Urges Tinubu To Reintroduce Fuel Subsidy

Naira Fall: Group Urges Tinubu To Reintroduce Fuel Subsidy

A socio-cultural group called “No Justice, No Peace Initiative” has asked President Bola Ahmed Tinibu to think about reintroducing the fuel subsidy into Nigeria’s system of government. According to the group, only the government officials…

Labour Reacts To Purported N500m For New Minimum Wage Committee

Labour Reacts To Purported N500m For New Minimum Wage Committee

The Organised Labour under the aegis of the Nigerian Labour Congres (NLC) and Trade Union Congress (TUC) has reacted to President Bola Tinubu’s purported approval of N500 million for the inauguration of the 37-man Tripartite…

Hunger Protest: FG Holds Urgent Meeting

Hunger Protest: FG Holds Urgent Meeting

The Ministers of the Federal Republic of Nigeria and President Bola Ahmed Tinubu on Wednesday held an emergency meeting over the economic challenges, insecurity and food price hikes experienced across the country. New Telegraph had…

Heavy Gridlock As Fuel Queues Resurface In Lagos

Heavy Gridlock As Fuel Queues Resurface In Lagos

Heavy traffic gridlock was experienced in certain areas of Lagos State on Monday as motorists formed lengthy queues outside filling stations, indicating a potential scarcity of Premium Motor Spirit (PMS), otherwise known as fuel or…