The Enugu Ecclesiastical Province of the Anglican communion has rejected the federal government’s proposal to completely withdraw the fuel subsidy and pay 40 million Nigerians N5,000 palliative each. The Church said that the government proposal was a disgrace to the...
The National Association of Nigerian Students on Friday threatened to shut down the country should the Federal Government proceed to remove subsidy from petrol. The organisation called on Nigerians and all its allied structures to be on the alert for...
Former President Olusegun Obasanjo says Nigerians need to adopt renewable energy because it is cheap, environment-friendly and can help generate profit. He said this on Friday at the inauguration of the 2MW solar power project for the Olusegun Obasanjo Presidential...
Elder statesman, Edwin Clark, has asked President Muhammadu Buhari to immediately implement the Governor Nasir El-Rufai-led committee of the 0All Progressives Congress (APC) report on true federalism. Clark, who is the leader of the Pan-Niger Delta Forum (PANFEF), told newsmen...
The price of petrol at N165.89 per litre in Nigeria is the third cheapest in Africa and the lowest in West Africa. Using the FX rate of N411.64 per dollar (I&E), findings by TheCable Index showed that the price also...
. . Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has extended its nationwide strike notice by seven days following the intervention of Nigeria National Petroleum...
Members of the committee during the submission of its budget. Photo: Facebook/Senator Solomon Olamilekan Adeola The Chairman Senate Committee on Finance, Senator Solomon Adeola, has disclosed that there is no provision in the 2022 budget for the monthly N5,000 transportation...
Zainab Ahmed, minister of finance, budget and national planning, says the government can no longer sustain petrol subsidy payments which currently stand at about N250 billion monthly. Briefing state house correspondents after the federal executive council (FEC) meeting presided over...
The Nigerian naira weakened further against the dollar at the parallel market on Wednesday to trade at N560 per dollar. The figure is N15 or 2.8 percent lower than the N545 it traded last week. Street...
The National Drug Law Enforcement Agency (NDLEA), has dismissed reports that N4.5 billion was padded into its proposed 2022 budget. In a statement on Wednesday by its Director, Media and Advocacy, Femi Babafemi, the agency said it has been bombarded...