Nigeria:   Presidency Breaks Silence, Explains Hike in Fuel Price

Premium Times, 13 May 2016

Vice President Yemi Osinbajo has released a statement explaining the rationale for the new fuel pricing and supply framework introduced by the Federal Government on Wednesday. Read more »

Nigeria:   Fuel Price Hike Occasioned By Scarcity of Forex, Not Subsidy Removal - Osinbajo

This Day, 13 May 2016

The Vice President, Professor Yemi Osinbajo, has said that the decision to jack up the price of petrol to N145 per litre was not informed by the need to remove subsidy but to… Read more »

Nigeria:   Fuel Subsidy Removal - Oil Workers Demand N90,000 New Minimum Wage

Vanguard, 13 May 2016

Following the increase in the price of petrol from N86.50 to N145 per litre, oil workers in the country have called on the federal government to increase the new minimum wage from… Read more »

Nigeria:   NUPENG, Pengassan Support Hike

Leadership, 14 May 2016

The National Union of Petroleum and Natural Gas workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) yesterday threw their weight of… Read more »

Nigeria:   New Pump Price Regime Is Evil, Says Group

Guardian, 14 May 2016

A human rights group, the Committee for Democracy and Rights of the People (CDRP) has condemned the new price regime announced by the junior Minister of Petroleum, Dr. Ibe… Read more »

Nigeria:   Pilots, Engineers, Shun NLC, Back Govt On Fuel Price Hike

Premium Times, 14 May 2016

The National Association of Aircraft Pilots and Engineers (NAAPE) said on Saturday it would stand strongly in support of the federal government's resolve to fully deregulate the… Read more »

Nigeria:   Seun Kuti Calls for Protest Over Petrol Pump Price Hike

Vanguard, 14 May 2016

Afrobeat singer, Seun Kuti, son of Afrobeat legend, Fela Kuti, is demonstrating more and more that he is a true son of his father, by not letting the government off the hook so… Read more »

Nigeria:   Subsidy Removal - a Tough, but Necessary Choice

This Day, 15 May 2016

The removal of subsidy has become inevitable in the prevailing economy Read more »

Nigeria:   Fuel Price Hike - Reps Convene Special Session Tomorrow

Leadership, 15 May 2016

Barring last-minute change of plan, the House of Representatives will tomorrow, Monday May 16, 2016, convene an emergency special session to debate the hike in the price of premium… Read more »

Nigeria:   Petrol Price Hike - Time to Occupy Nigeria Again

Daily Trust, 14 May 2016

In 2012 when the Goodluck Jonathan administration arbitrarily hiked the pump price of petrol, I was the first to suggest an "Occupy Nigeria" strategy to force the government to… Read more »

Nigeria:   Fuel Price Hike Will Solve Scarcity, Says Mohammed

Guardian, 14 May 2016

The Minister of Information and Culture, Alhaji Lai Mohammed has said that the Federal Government's decision to hike the price of Premium Motor Spirit, otherwise known as petrol,… Read more »

Nigeria:   Over-Dependence On Oil Is Nigeria's Major Problem - Lagos Finance Commissioner

Premium Times, 15 May 2016

The Commissioner of Finance in Lagos State, Mustapha Akinkunmi, has said that the over-dependence on oil is the major problem facing Nigeria. Read more »

Nigeria:   Fuel Price Hike - How Buhari Can Help Nigerians Reduce Hardship - Lawmaker

Premium Times, 15 May 2016

A federal lawmaker has identified policy paths that can be taken by the government to cushion the effects of the new petrol price of N145. Read more »

Nigeria:   A New Dawn in Petrol Pump Pricing

This Day, 15 May 2016

Industry experts had always observed that there will be such a time when Nigeria will have to embrace the economic realities of subsidising petrol consumption for its huge… Read more »

Nigeria:   Abuja Businesses Support Fuel Price Increase

Premium Times, 15 May 2016

The Abuja Chamber of Commerce and Industry, ACCI, has called on the Nigeria Labour Congress, NLC, to shelve its planned nationwide strike. Read more »