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Tag "petrol subsidy"

Tinubu, Nigeria and the petrol subsidy albatross

    Tinubu, Nigeria and the petrol subsidy albatross

The removal of petrol subsidy and the convergence of the foreign exchange markets, the two major policy objectives President Bola Tinubu has committed himself to since assuming office, inevitably came

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We’re reconsidering our stance on planned strike, say labour unions

    We’re reconsidering our stance on planned strike, say labour unions

The Organised Labour, comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), says it is reconsidering its decision to embark on a nationwide strike over the removal of

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Tinubu to Nigerians: I understand your pain since subsidy removal — but there’s no other way

    Tinubu to Nigerians: I understand your pain since subsidy removal — but there’s no other way

President Bola Tinubu says he “understands the hardship” Nigerians have gone through since the removal of the petrol subsidy.  Tinubu, who addressed Nigerians in a nationwide broadcast on Monday, said

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We’ve saved over N1trn in two months of petrol subsidy removal, says Tinubu

    We’ve saved over N1trn in two months of petrol subsidy removal, says Tinubu

President Bola Tinubu says the federal government has saved N1 trillion in two months in funds that would have been used for the payment of petrol subsidy. Speaking in a

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The shocks and bitter pills of a free market transitioning

  The shocks and bitter pills of a free market transitioning

BY OLA EMMANUEL “Most Nigerians, especially those born after 1973, have lived their lives under fuel subsidy. Hence, removing it

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Subsidy removal: NLC threatens strike, gives FG seven-day ultimatum

  Subsidy removal: NLC threatens strike, gives FG seven-day ultimatum

The Nigeria Labour Congress (NLC) has issued a seven-day ultimatum to the federal government to reverse all “anti-poor” and “insensitive”

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Report: How subsidy removal, naira float caused food price hike between March and June

  Report: How subsidy removal, naira float caused food price hike between March and June

The cost of making Nigeria’s most popular meal, jollof rice, significantly increased by 13.7 percent between the months of March

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This deity called petrol

  This deity called petrol

To be precise from the onset, it is apt to posit that the centrality, omnipresence  and ubiquitous nature of petrol

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Let’s keep hope alive

  Let’s keep hope alive

The story that is on every lip and also trending widely is that “life is hard.” It is indeed true.

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Tinubu as Sobia in need of Oluganbe

  Tinubu as Sobia in need of Oluganbe

Initial applauses from Bretton Woods and some local economists that greeted the economic reforms of the Bola Tinubu presidency were

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