Fuel Subsidy

June 04, (THEWILL) - The Nigeria Labour Congress (NLC), has debunked speculations that it might back down on its proposed nationwide industrial action slated for Wednesday. The Union in a statement issued on Sunday, by its Head of Information...

The Bola Ahmed Tinubu Administration has encountered a significant challenge as it begins its tenure. During his inauguration, Tinubu announced the complete removal of the fuel subsidy, a highly controversial but popular policy that has resulted in high prices...

June 04, (THEWILL) - The Federal Government and the leadership of the Trade Union Congress (TUC), are meeting at the State House, Abuja, over the removal of fuel subsidy. The federal government’s team is led by the Secretary to...

The Central Bank of Nigeria (CBN) has denied devaluing the naira contrary to a report in a national newspaper. Dr Isa AbdulMumin, Ag. Director, Corporate Communications of the CBN in a statement issued Thursday described the publication as false and...

June 04, (THEWILL) - The hike in price of petrol as a result of the subsidy removal by the Federal Government, has taken a toll on Nigerians, especially Imo State. Transportation fares have been on the rise; as this has...

Newly-sworn in Nigerian President, Bola Ahmed Tinubu, had thrown caution to the winds on Monday, 29 May 2023, with his ''fuel subsidy is gone'' declaration during his inauguration speech. But the response that came from most Nigerians...

There is palpable tension in government and public circles, following the fall out of the fuel price increase announced by the Nigeria National Petroleum Company limited, NNPCL, at the behest of the Federal Government, a few hours after President...

June 04, (THEWILL) – The Peoples Democratic Party (PDP) has expressed concern over the quick removal of petrol subsidy and the lack of adequate consultation by the Federal Government before doing so. It, therefore, urged the Federal Government...

June 03, (THEWILL) - The Nigeria Union of Journalists (NUJ) on Saturday said it would embark on a nationwide protest from next Wednesday, June 7, if the Nigerian National Petroleum Company Limited (NNPCL) refuses to reverse the new price...

June 03, (THEWILL) – The Trade Union Congress (TUC) has condemned the sudden removal of subsidy on petrol. Addressing newsmen after its emergency National Executive Council (NEC) meeting in Abuja, on Friday, TUC President, Festus Osifo, urged the Government to...