Tag: Subsidy
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Subsidy removal: Covenant University increases workers’ salary by 20%
The Board of Regents, Covenant University, Ota, Ogun, has approved 20 per cent salary increase for all the staff of the institution. Prof. Abiodun Adebayo, Vice-Chancellor of the Institution, s
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Subsidy removal: No federal varsity can survive without fee increment — Cttee of VCs
The Committee of Vice-Chancellors of Nigerian Universities (CVCNUs) has made it clear that it is no longer possible for any federal university in Nigeria to sustain operation again without increasing its obligatory and some other fees being charged to students after subsidy removal. The Secretary-General of the committee, Prof Yakubu Ochefu, shared this position in…
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Subsidy removal: Borno, Adamawa, Yobe roll out palliatives
Borno, Adamawa and Yobe governments have embarked on measures to ameliorate the current hardship on citizens caused by the removal of petrol subsidy. The citizens of the three states worst affected by insurgency in North East have been experiencing hardship
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Fuel subsidy ‘wahala’: Oyo workers protest, demand palliatives, lock state Secretariat
The Oyo State workers on Monday, locked the state secretariat in Ibadan to demand palliatives, upward review of pension allowances and payment of salary deduction. Participating in the protest are workers and pensioners under the banners of the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), Nigeria Union of Pensioners (NUP), Nigeria Union of Local…
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My policies already yielding positive results – Tinubu
President Bola Ahmed Tinubu says the Federal Government is receiving support and commendations from the global communities over the removal of fuel subsidy and the foreign exchange regime policies, saying they are yielding positive results.
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Fuel subsidy: Organised labour walks out of meeting
…some leaders alleged they were detained by mopol at the gate The Presidential Steering Committee on Subsidy Palliatives, which was scheduled to hold Friday ended on a bad note as the Labour team walked out over alleged lack of readiness of government’s team. This is just as some top labour leaders alleged they were detained…
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[Just In] Subsidy Removal: FG denies reducing working days for Civil Servants
The Federal Government has clarified that there are no plans to reduce working days for Federal Civil Service employees. The Head of the Civil Service of the Federation, Dr. Folashade Yemi-Esan, made this announcement during a Media Parley in Abuja, marking the commencement of the 2023 Civil Service Week. Yemi-Esan explained that such a measure…
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Subsidy removal: Over 7.1 million Nigerians may enter extreme poverty – World Bank warns
Following the removal of fuel subsidy, the World Bank has disclosed that over 7.1 million Nigerians may enter extreme poverty if the federal government fails to provide palliative measures. The World Bank disclosed this in its June 2023 edition of the Nigeria Development Update on Tuesday in Abuja. Recall that President Bola Tinubu introduced some…
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Just in: Buhari hails Tinubu over fuel subsidy removal
… explains why it was delayed Former President Muhammadu Buhari, Monday broke his silence on the petrol subsidy removal ‘challenge’ that he left for his successor, Bola Tinubu, saying that had the policy been implemented, the All Progressives Congress (APC) and Tinubu would have lost the last general polls. Speaking through his erstwhile spokesman, Garba…
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Subsidy removal: Government officials yet to demonstrate cost reduction-TUC president
Festus Osifo, president of the Trade Union Congress (TUC), said government officials have not demonstrated cost reduction as they still go about with “endless convoys” despite the effects of fuel subsidy removal on Nigerians Osifo made this statement on Wednesday in an interview with Channels Television’s Politics Today. According to him, governors, legislatures are still…