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The meeting between the Federal Government and the Organised Labour over the recent hike in fuel price and electricity tariff has been postponed till Monday, Sept. 28, for further deliberation, newsmen report.
The Federal Government will on Thursday meet again with the Nigeria Labour Congress and Trade Union Congress on the threat by the organised labour to proceed on an indefinite strike and protest over the hike in electricity tariffs and fuel pump price.
The Minister of Information and Culture, Alhaji Lai Mohammed, made the revelation at Ibigwe in Ohaji Egbema Local Government Area of Imo State during a media tour of the Waltersmith Modular Refinery and Petro-Chemical Company Limited, which is due for commissioning next month.
The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import.
John Olateru, Oyo State Chairman, All Farmers Association of Nigeria (AFAN), on Tuesday said that inadequate rainfall was a big challenge for farmers in the South-West this year.
The Nigeria Labour Congress has rejected the increase in price of Premium Motor Spirit, also known as petrol, from N148.50 per liter to N151.56 per litre.
The Peoples Democratic Party (PDP) vehemently rejects the fresh increase in the price of fuel to N151 per liter and electricity tariff to N66 per kwh under the All Progressives Congress (APC) and its government, describing such as callous, cruel and punishing.
Stakeholders in the aviation industry have urged the ground handling services to consider price adjustment instead of price increase, in order to survive the effects of the current raging COVID-19 pandemic in Nigeria.
The price of Bonny Light, Nigeria’s Bonny Light, has bounced back to $40 per barrel, as the Organisation of Petroleum Exporting Countries, OPEC and the Gas Exporting Countries Forum, GECF, have ended a successful engagement over the oil market.
The Department of Petroleum Resources (DPR) has sealed a filling station in Yola for allegedly violating the Federal Government new petroleum pump price directive.
The ACUF Board Chairman, Dr Chiwuike Uba, who stated this in a statement on Tuesday, commended the Federal Government for conceptualising a policy response needed to jumpstart Nigeria’s economy after COVID-19 pandemic.
Executive Secretary, the Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, has said Nigerians should be ready to pay high or low prices for petrol following the price liberalisation scheme currently in place.
The Organisation of the Petroleum Exporting Countries (OPEC) daily basket price stood at 14.63 U.S. dollars a barrel on Tuesday, compared with 14.19 dollars on Monday.
In order for the world to better contain the spread of the coronavirus, leaders of the Group of 20 (G-20) major economies should provide more funding to develop a vaccine, Bill Gates said.
The Nigerian National Petroleum Corporation (NNPC), yesterday, stated that it would no longer be involved in the management of the country’s refineries after their ongoing rehabilitation.
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The Nigerian Electricity Regulation Commission (NERC) on Tuesday said that the COVID-19 pandemic affected collection efficiency and remittance by the 11 Electricity Distribution Companies (DisCos) in the first quarter of 2020.
Johnny Depp will be awarded the Camerimage Award for “an actor with unique visual sensitivity” at the EnergaCamerimage Film Festival. “Minamata,” starring Depp, will be the closing film of the 28th edition of the event, which focuses on cinematography.
International Film Festival & Awards Macao (IFFAM) has unveiled the 14 projects that have been selected for this year’s edition of the IFFAM Project Market (IPM).
Liverpool boss Jurgen Klopp is full of admiration for tonight's Champions League opponents FC Midtjylland.
Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar-Farouq, says she has forgiven those who accused her of hiding COVID-19 palliatives meant for the poor.
Senator Bola Tinubu on Sunday proposed that revenue from the Lekki Toll-Gate should go towards succour for victims of military shooting of October 20.
Governor Ifeanyi Okowa of Delta on Saturday warned that hoodlums hiding under the guise of #ENDSARS protest to perpetuate arson and destruction of public and private assets in the state would contend with the law.
Mammoth crowd on Sunday trooped out to a warehouse located at Kwana-Waya, looting food items meant for COVID-19 palliatives.
The Nigerian Communications Commission (NCC) has granted approval for two mobile network operators (MNOs) to carry out trial on National Roaming Service for a period of three months, commencing from August 1, 2020 to end 31 October, 2020.
Former United States Vice President, Joe Biden, has promised a pathway to citizenship for no fewer than 11 million undocumented immigrants if elected president on Nov. 3.