[Leadership] Lagos State Governor Babajide Sanwo-Olu has urged the Nigeria Labour Congress (NLC) to shelve its planned strike in protest against the fuel subsidy removal, saying the issue should not be made political.
[Leadership] With the removal of subsidy on petrol in the country, the Nigerian National Petroleum Company Limited (NNPC) is set to discontinue crude oil swap in favour of cash payments for petrol imports.
[Leadership] Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to investigate allegations that $2.1 billion and N3.1 trillion public funds budgeted as fuel subsidy payments are missing.
[Premium Times] Just like in towns and cities, findings revealed that intra-campus fares have also increased, in many cases by up to 100 per cent, leaving students groaning.
[Premium Times] "Please note that withdrawal of Services nationwide commences from 0.00 hours of Wednesday, June 7, 2023," the statement said.
[Namibian] Lionel Matthews, who was recently appointed as interim managing director of the state-owned National Petroleum Corporation of Namibia (Namcor), said he declined to take up the top position because of potential damage to his brand and family as a result of "falsehoods and media sensationalism".
[ANGOP] Luanda -- Angola is currently carrying out a gradual removal of the fuel subsidies, whose aim is to cut off State subsidies on petrol and diesel by 2025, the country's Finance minister, Vera Daves de Sousa, said Thursday, in Luanda.
[ANGOP] Luanda -- A litre of petrol will cost, as of this Friday, with the entry into force of the new rate, that is 300 kwanzas (USD 0,51) per litre, against the previous 160 Kwanzas (roughly USD 0,27).
[Vanguard] The Nigerian National Petroleum Company Limited, NNPCL said a total of 1.8 billion litres petrol are available, adding that the fuel queues being witnessed across the country will not exceed Saturday (3rd June).
[Premium Times] "That means by law, the subsidy regime was gone by 17 February 2022. But of course, the government can always decide to spend on its citizens, in the manner that it wants," an official said.
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