New Telegraph

  1. Home
  2. subsidy

Tag: subsidy

CBN Boss Speaks On Reduction In Fuel Prices

CBN Boss Speaks On Reduction In Fuel Prices

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) on Wednesday hinted at a drastic fall in the pump price of Petroleum Motor Spirit (PMS) also known as petrol or fuel. Cardoso who…

BREAKING: Tinubu Finally Approves New Minimum Wage To Civil Servants

BREAKING: Tinubu Finally Approves New Minimum Wage To Civil Servants

President Bola Ahmed Tonubu has approved the sum of Thirdty Five Thousand Naira (N35,000) to all federal civil servants in order to cushion the effect of the removal of fuel subsidy. This was contained in…

Subsidy: NLC Begins Negotiation With Jigawa Govt

Subsidy: NLC Begins Negotiation With Jigawa Govt

Following the suspension of the nationwide strike by organized labour, the Nigeria Labour Congress (NLC) Jigawa State chapter has commenced negotiation with the state government on its demands to cushion the effect of fuel subsidy.…

FG Begs NLC To Shelve Planned Two-Day Warning Strike

FG Begs NLC To Shelve Planned Two-Day Warning Strike

The Federal Government has appealed to the leadership of the Nigeria Labour Congress (NLC) to suspend its planned two-day warning strike slated to commence on Tuesday, September 5. The Minister of Labour and Employment, Simon…

Subsidy: A’Ibom Transport Company Reduces Fares By 25%

Subsidy: A’Ibom Transport Company Reduces Fares By 25%

Following the effect of the removal of fuel subsidy, Akwa Ibom State’s Capital Luxury Transit has announced a 25% reduction in travel costs on all routes across the nation. This was contained in a statement…

#SubsidyProtests: Workers In Kwara Have Join Nation Wide Protest

#SubsidyProtests: Workers In Kwara Have Join Nation Wide Protest

On Wednesday, workers in Kwara State are prepared to start protesting the Federal Government’s elimination of fuel subsidies. On Wednesday morning, the protesting employees were seen on Ahmadu Bello Way in Ilorin, Kwara State. READ…

#SubsidyProtests: Gridlock In Lagos As NLC Begin Peaceful Protes

#SubsidyProtests: Gridlock In Lagos As NLC Begin Peaceful Protes

The Lagos State Chapter of the Nigeria Labour Congress (NLC) on Wednesday begin the planned nationwide protest against the elimination of fuel subsidy by President Bola Tinubu-led Federal Government. New Telegraph reports that before the…

Subsidy: COEASU Directs Lecturers To Work Two Days In A Week

Subsidy: COEASU Directs Lecturers To Work Two Days In A Week

On Wednesday, the Colleges of Education Academic Staff Union (COEASU), the umbrella body of lecturers in the Colleges of Education declared that until the Federal Government yielded to its demand occasioned by the removal of…

Tinubu Pushes Regional Role And Domestic Reform

Tinubu Pushes Regional Role And Domestic Reform

Barely a month after his inauguration as the 16th President of the Federal Republic of Nigeria, Bola Tinubu has already received foreign entrepreneurs and investors at his villa, telling them Nigeria is open for business…

Nigeria To Save $5.1bn From Reforms This Year – World Bank

Nigeria To Save $5.1bn From Reforms This Year – World Bank

The World Bank on Tuesday said that Nigeria could save up to N3.9 trillion ($5.10 billion) this year alone if reforms adhere to its foreign exchange market and the removal of a petrol subsidy.