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United States Secretary of State Mike Pompeo and Defence secretary Mark Esper are holding a dialogue on Tuesday with their Indian counterparts Subrahmanyam Jaishankar and Rajnath Singh aimed at enhancing defence and strategic ties.
A don, Prof. Wumi Iledare, on Monday, said that there was no need for organised labour to embark on strike over the deregulation of the downstream oil sector.
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has commended labour leaders for suspending their planned protest and strike over hike in electricity tariff and fuel pump price.
Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has hailed the decision of labour leaders to suspend their planned protest scheduled to have commenced Monday.
The Lagos Chamber of Commerce and Industry (LCCI), has said that a reversal of the current reforms on subsidy of Premium Motor Spirit (PMS) would exacerbate the challenges of the already faltering Nigerian economy.
In a determined effort to offer Nigerians an effective option to petrol, the federal government will focus on developing Compressed Natural Gas otherwise known as auto-gas, which is priced significantly lower than PMS.
The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, disclosed that N8.9 trillion was spent on fuel subsidy by the Federal Government, mainly by previous administrations, between 2006 and 2015.
The governor gave the directive when he briefed journalists shortly during a meeting Chaired by Professor Ibrahim Gambari, the Chief of Staff to President Muhammadu Buhari, Inspector General of Police, the Director-General of the Department of State Services, the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC) and the Minister of Works and Housing all in attendance.
The Nigerian National Petroleum Corporation, NNPC, Thursday, announced a trading surplus of N20.36 billion in July 2020, rising by 860 per cent from a surplus of N2.12 billion recorded in June.
An economist, Mr Okechukwu Unegbu, says the Federal Government’s removal of petroleum subsidy will unlock the country’s economic prospect.
The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import.
Governor Abubakar Sani Bello has commiserated with the victims of tanker explosion in Lambata, Gurara Local Government Area where houses, shops and vehicles were destroyed.
The Senior Staff Association of Nigerian Universities (SSANU), Monday, warned that except the Federal Government addresses the recent hike in fuel and electricity tariff, the non-teaching staff in collaboration with the Nigeria Labour Congress (NLC), would engage the government in a peaceful protest across the nation, with a view to forcing the government to rescind its decision.
President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.
Against the backdrop of the full deregulation of the nation’s downstream oil sector, major oil marketers have said fierce competition will moderate the pump prices of petrol.
President Muhammadu Buhari on Wednesday met with a former Minister of Defence, Gen. Theophilus Danjuma (retd.).
President Muhammadu Buhari has urged all Nigerians to seize the opportunity of this year’s Eid-el-Maulud to reflect on the virtues of the Holy Prophet by showing love and understanding for fellow citizens.
Democratic White House hopeful Joe Biden cast his ballot in the US presidential race Wednesday in Delaware, six days before the end of a turbulent campaign pitting him against incumbent Donald Trump.
The Confederation of African Football President Ahmad Ahmad has announced his intention to run for a second term in office.
South African giants, Kaizer Chiefs, has confirmed that goalkeeper, Daniel Akpeyi, has received a call up for Super Eagles’ 2022 Africa Cup of Nations double-header against Sierra Leone in November.
Former Barcelona chief Ariedo Braida admits he tried to sign Inter Milan star Nicolo Barella for the Catalans.
#EndSARS: President Buhari warns international community against rushing to make pronouncements without knowing full...
President Muhammadu Buhari has warned members of international community to desist from making hasty pronouncements about developments in Nigeria.
Juventus are in talks to renew Paulo Dybala's contract, but managing director Fabio Paratici revealed the club's coronavirus scare made negotiations difficult.
Senate President Ahmad Lawan has called on protesters to leave the streets, saying the plundering and destruction of properties across the country have distorted the purpose of the protest.
Deputy Speaker of the House of Representatives, Ahmed Idris Wase has appealed to the Nigerian youths to give Peace a chance and not to take laws into their hands on matters that government has promised to address head long.