Tag: Price Hike
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NLC stance on latest hike in petrol price
The Nigeria Labour Congress (NLC) has said that the latest increase in the pump price of petrol will further deepen poverty as production capacities dip. The Congress added that the increase would lead to more jobs lost with multidimensional negative effects, and therefore, demanded its immediate reversal.
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TRENDING: iFitness reacts to alleged extortion on annual membership dues
In a recent trending issue, customers of popular gym operator, iFitness have raised an allegation over annual fee imposed on them. iFitness is a gym chain that was founded by Foluso Ogunwale in 2015, with the help of CardinalStone Capital advisers they have over 400 outlets all over West Africa.
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Put an end to fuel shortage, price hike – Labour urges FG
The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have urged the Federal Government to put an end to the fuel shortages and price hike in the country. The Presidents of NLC and the TUC said this in a statement, signed by Mr Ayuba Wabba and Mr Festus Osifo on Saturday in Abuja. It…
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Fertiliser scarcity, price hike worry farmers in N/East
Some farmers in the North-East have expressed concern over the difficulties experienced in accessing fertiliser due to unavailability and hike in price of the commodity. The farmers, who spoke in Bauchi, Damaturu, Gombe, Maiduguri and Yola, said the situation would result to low yields at harvest. The decade-long Boko Haram insurgency and other forms of…
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RIPAN gives reasons for hike in price of rice
The Rice Processors Association of Nigeria (RIPAN), Kano State Chapter, has attributed the hike in price of rice from 19,000 to N23,000, to the increase in price of paddy rice. Alhaji Abba Dantata, a member of RIPAN stated this in Kano Monday during a joint press briefing with Kano State Public Complaints and Anti-Corruption Commission…
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DPR seals four petrol stations in Edo for selling above N145
Officials of the Department of Petroleum Resources (DPR) has sealed up four filling stations in Edo State for selling premium motor spirit otherwise known as fuel above government official approved prices of N145 per litre. The sealing of the filing stations followed outcry by members of the public that most filling stations were dispensing fuel…