The leadership crisis rocking the Nigeria Labour Congress (NLC) yesterday manifested itself as the Joe Ajaero faction insisted that it would not join the Comrade Ayuba Wabba-led NLC to embark on the strike planned for tomorrow. Also, the federal government has insisted that there is no option to the increment of the pump price […]
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday said Nigeria’s crude oil production had declined from 2.2 million barrels per day to 1.4 million barrels per day due to pipeline vandalism. This, he said, translated to loss of 800,000 barrels of oil by the country daily. The minister made this known at […]
Nigeria’s President Muhammadu Buhari needs to address grievances in the Delta region where militants have been blowing up oil pipelines in a conflict that has become a “major concern,” a senior British official said on Saturday. The swamps of the southern Delta have been hit by a series of attacks on pipelines and other oil […]
Following last Wednesday’s partial deregulation of the downstream sector of Petroleum industry by the Federal Government with an increase in pump price of petrol from N86.50 to N145, the organised labour and their civil society allies have resolved to lead Nigerian workers on strike after Wednesday, May 18. It was gathered that labour leaders […]
The Federal Government says that the new price regime for the downstream petroleum sector is comprehensively designed to tackle the hardship faced by Nigerians and create additional 200,000 jobs in the country. The information is contained in a bulletin issued by the Ministry of Petroleum Resources in Abuja on Friday. It said that the […]
Now may not be a good time to live in America, especially those who do not have legal permit to do so, a Reuters report has stated. The report states that U.S. immigration officials are planning a month-long series of raids in May and June to deport hundreds of Central American mothers and children […]
Residents in and around the Federal Capital Territory, Abuja, were treated to an evening of classy and entertaining stage performances by the crew and cast of Etisalat Communications sponsored Hear Word!, the internationally acclaimed episodic stage play that speaks to issues that hold Nigerian women back from reaching their full potentials. The performance in […]
The Nigeria Labour Congress (NLC) last night declared yesterday’s hike in fuel price from about N86/litre to about N145/litre by the Muhammadu Buhari administration “unilateral”, saying that it “represents the height of insensitivity and impunity and shall be resisted by the Nigeria Labour Congress and its civil society allies.” A statement signed by NLC General […]
It gives me great pleasure today to sign the first full-year budget of this administration into law. I thank the leadership of the National Assembly, in particular, the Senate President and the Speaker of the House of Representatives, and indeed all members of the National Assembly for their cooperation in making this a reality. […]
First City Monument Bank Limited (FCMB) has closed down some of its branches and sacked staff of those branches, a report this morning said. The report, by Nigerian Tribune, said it was gathered Monday night that the branches affected were those formerly owned by Finbank, which has been acquired by FCMB. “Although calls to officials […]