[Leadership] The organised labour has kicked against President Bola Ahmed Tinubu's policy statement on the fuel subsidy removal, saying it has grave implications for the polity.
[Leadership] The Nigerian National Petroleum Company Limited (NNPCL), has applauded the decision by the Federal Government to remove subsidy on Premium Motor Spirit (PMS), also called Petrol.
Sudan descended into chaos in mid-April after a months-long power struggle pitting two army Generals; Abdel Fattah al-Burhan, and his deputy Mohamed Hamdan Dagalo
[Premium Times] "Subsidy has been a major challenge for NNPC's continuous operations."
[This Day] President Bola Tinubu, yesterday, took the oath of office in Abuja as Nigeria's 16th president, and immediately swung into action, announcing, in his inaugural speech, an end to the country's controversial petrol subsidy. The subsidy had over the years been an albatross that hindered the economy by stripping it of badly needed development funds.
[Leadership] Lagos -- Hard times await motorists as the cost of and other users of Premium Motor Spirit, (PMS), otherwise called petrol as the price may go up to as much as N700 per litre in the days ahead.
[This Day] Abuja -- The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday said it welcomed with high expectations the completion and commissioning of the multibillion dollars Dangote Refinery by former President Muhammadu Buhari.
[This Day] The Shell Petroleum Development Company (SPDC), operator of the SPDC joint venture, has unveiled eight Host Community Development Trusts (HCDTs) in Bayelsa State, a critical step for unlocking $56.13 million earmarked for the development of the host communities in line with the provisions of the Petroleum Industry Act (PIA) 2021.
[This Day] Abuja -- Nigeria's oil rigs count declined 13.3 per cent in April, in tandem with the country's crude oil underproduction during the month, according to a THISDAY review of the latest data released by the Organisation of Petroleum Exporting Countries (OPEC).
The version of the bill signed by President Yoweri Museveni doesn’t criminalise those who identify as gay. But some Ugandans said the law is an unnecessary provocation against donor countries
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