President Bola Tinubu has assured Nigerians that there will be no further increase in the pump price of petrol, despite the deregulation of the product. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, made this known in Abuja while briefing journalists after he had a closed-door meeting with the president on Tuesday….
The National Economic Council, NEC, yesterday expressed shock over the high cost of food and transportation in the country. Consequently, it approved N5 billion grant to each of the 36 states of the federation for the procurement of grains as well as five trucks of rice to each state as palliatives to cushion the effect…
Nigeria subsidy removal, The Co founder, Global initiative for Nigeria development ,GIND, Engr ,Micheal Ale, has described the increasing cost of borehole drilling in the country, saying portable water would soon be out of reach of the common man should the ugly trend continues. Ale, who congratulated the new Minister for Water Resources and Sanitation,…
Oil marketers, on Monday, said the foreign exchange crisis in Nigeria and the recent implementation of a 7.5 per cent Value Added Tax on Automotive Gas Oil, popularly called diesel, had pushed up the cost of the commodity to between N900 and N950/litre in many states. The development has made local manufacturers say that the…
The University of Ibadan UI , Oyo State, has directed its staff to work for three days a week. The institution made this disclosure through a special release number, 4642, dated 14 August 2023 and signed by G.O. Saliu, Registrar and Secretary to Council. It explained that the decision was taken in view of the…
Fuel Hike, Following the recent hike of the Premium Motor Spirit (PMS), also known as Petrol or fuel after the removal of the subsidy by President Bola Tinubu-led government, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted at an increase in the product. The IPMAN in a statement issued on Thursday, August 10,…
