News

Fuel Subsidy: CISLAC Queries $800m World Bank Loan For Nigerians

The Civil Society Legislative Advocacy Centre, CISLAC, has queried the Federal Government over the World Bank’s $800 million loan to the country, as a palliative to cushion the effect of the proposed fuel subsidy removal by June. The Executive Director of CISLAC, Auwal Musa-Rafsanjani, in a statement on Friday, lamented the nonchalant attitude displayed by […]

News

JUST IN: Nigerian Govt Suspends Fuel Subsidy Removal

The Federal Government has has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. This was part of the decision of the National Economic Council, NEC, meeting on Thursday. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed disclosed this while briefing State House correspondents […]

Economy

FG Begins 40% Pay Increase For Workers To Cushion Effect Of Fuel Subsidy Removal

The Federal Government will commence payment of the planned increase in civil servants’ pay by the end of this month, April. According to the PUNCH, President, Muhammadu Buhari, is expected to give final approval for disbursement any moment from now. If the proposal sails through, it means the increase will be coming about two months […]

News

Senate President Condemns Buhari’s N3.5trillion Fresh Fuel Subsidy Request

His condemnation comes ahead of Thursday’s Senate approval of additional N3.557 trillion fuel subsidy money as requested by President Muhammadu Buhari. Achieftain of the ruling All Progressives Congress (APC), Ahmed Lawan in Adamawa State has condemned President Muhammadu Buhari’s request for an additional N3.557 trillion for fuel subsidy. Lawan, who lost the contest of the […]

News

Nigerian Governors To Meet NLC, TUC Over Fuel Subsidy

The labour unions had, in December, resolved to hold a national protest on February 1 against plans by the federal government to remove fuel subsidy. Nigerian governors have resolved to meet with the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) over fuel subsidy, which the federal government is planning to remove. The Chairman […]