LAGOS JUNE 8TH (NEWSRANGERS)-Nigerian President Bola Tinubu on Wednesday defended the West African nation’s decision to stop subsidizing fuel, a move that already is adding to economic hardships by pushing up prices for transportation and commodities. The money saved by endng the decades long subsidy last week will help the government’s efforts to fight poverty…
LAGOS JUNE 6TH (NEWSRANGERS)-One week after President Bola Tinubu announced the removal of subsidy payment on Premium Motor Spirit also known as petrol, the presidential candidate of the Labour Party (LP) in the February 25, Peter Obi, on Tuesday broke his silence on the much-criticised move. He said rather than go through a “forceful removal”,…
LAGOS JUNE 5TH (NEWSRANGERS)-Association of Right and Welfare of Passengers in Nigeria (ARWPAN) has Congratulated President Ahmed Bola Tinubu on his successful inauguration. In a press conference in Abuja, the founder, Engr. Princess Tina Onojeghuo, the organization commended the president for appointment of credible key officers to serve Nigeria. According to her, Nigerians can expect…
LAGOS JUNE 5TH (NEWSRANGERS)-Founder of the Stanbic IBTC Bank Plc, Dr Atedo Peterside has asked those who criticised the removal of the fuel subsidy in 2012 to beg for forgiveness from former President Goodluck Jonathan. Peterside also said the critics should apologise to Jonathan’s economic team which had the presidential candidate of the Labour Party,…
LAGOS JUNE 1ST (NEWSRANGERS)-The House of Representatives has asked the new administration to provide palliatives to mitigate the effect of the petroleum subsidy removal on Nigerians. The resolution was contained in a report submitted by a committee set up last year to investigate subsidy. The committee’s report was considered and approved on Thursday by the…
By Jerome-Mario Utomi LAGOS NOVEMBER 30TH (NEWSRANGERS)-It is a common knowledge that the Nigeria Labour Congress (NLC) recently rejected the Federal Government proposed N5, 000 for 40 million poor Nigerians when the subsidy on Petroleum Motor Spirit (PMS) is removed. While describing it as ‘nonsensical’ the argument that the complete surrender of the price of…