Convener, Save Nigeria Group, Pastor Tunde Bakare, said on Thursday that Nigerians would continue the protest against fuel subsidy removal if the Nigeria Labour Congress and the Trade Union Congress called off the nationwide strike without the Federal Government reverting fuel price to N65 per litre
Updated 7 Years ago

Talks last night, between the Federal Government and Labour on the resolution of protests trailing the removal of the subsidy on petrol were inconclusive.The talks will resume on Saturday. At the end of the meeting that lasted over three hours, Labour and government agreed to shift ground but no de
Updated 7 Years ago

The Independent National Electoral Commission (INEC) has removed the name of candidate of the Peoples Democratic Party (PDP), Seriake Dickson from the list of candidates for the forthcoming Bayelsa governorship election.
Updated 7 Years ago

A threat by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to shut down crude oil production this weekend in protest against the removal of fuel subsidy has pushed crude oil price up more than $2 to trade at $114.70 Thursday.
Updated 7 Years ago

There are indications that air passengers would now pay about N35,000 for one hour flight in the domestic route as a fall out of the latest increase in aviation fuel, known as Jet A1, by fuel marketers. But in spite of the hike in fares, many domestic carriers are still in a financial mess......
Updated 7 Years ago

The nationwide strike against government's removal of fuel subsidy is costing the economy about N100 billion ($617million) daily, the Governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, has said.
Updated 7 Years ago

The lingering strike called by the Nigeria Labour Congress (NLC) to protest the removal of fuel subsidy has taken toll on Lagos resident as most of the Automated Teller Machines (ATMs) in the state have ran out of cash.
Updated 7 Years ago

The Inspector General of Police (IGP), Mr Hafiz Ringim, has threatened to arrest any person, who makes bonfires on roads, attack pedestrians or blocks roads. He stated this on Thursday, in Lagos, through Deputy Inspector General of Police (DIG) in charge of Administration, Azubuiko Udah.
Updated 7 Years ago

The non-oil sector will drive Nigeria’s economic growth in 2012, with the country’s Gross Domestic Product, GDP, expected to grow at 8.1 per cent, says analysts at FBN Capital Limited.
Updated 7 Years ago

Four days into the labour-instigated nationwide protests against the removal of petrol subsidy, fuel now attracts as much as N300 per litre in parts of Lagos, as against the vexed N140 recommended by the Petroleum Products Pricing and Regulatory Agency (PPPRA).
Updated 7 Years ago