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Showing posts with label NEWS. Show all posts
Showing posts with label NEWS. Show all posts
Tuesday, May 31, 2016
SHOCKER:READ WHAT MUSLIMS YOUTH DID TO CHRISTAINS IN NIGER STATE
Thursday, May 19, 2016
INFO ON THE LABOR STRIKE
A Nigerian union defied a court
ban to launch a general strike on Wednesday in protest at a
planned hefty increase in fuel prices, though many
businesses and government offices opened as normal.
The government hopes lifting costly fuel subsidies, causing
prices to rise by up to two thirds at the pumps, will help
alleviate the worst crisis in decades in Africa's biggest
economy.
A wave of strikes ensued the last time Nigeria tried to
introduce a similar measure in 2012, and authorities
eventually reinstated some subsidies.
This time around the Nigerian Industrial Court blocked
industrial action due to the risk of civil disorder, but late on
Tuesday the Nigeria Labour Congress (NLC) said it would go
ahead with its planned indefinite strike anyway, starting on
Wednesday.
"The government was not ready to accede to our demands,
so we walked out of the meeting," Chris Uyot, deputy
general secretary of the Nigerian Labour Congress (NLC),
told Reuters.
A second union, the Trade Union Congress (TUC),
abandoned its strike plans in response to the court ruling.
Reuters witnessed government offices, shops and banks in
the capital Abuja mostly opening as normal on Wednesday.
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Some 300 union activists gathered there to stage a march,
and some 200 protested in the commercial capital Lagos,
where some banks and many shops were also doing
business.
'LEFT WITH NO CHOICE'
A fall in oil prices has eaten into the foreign reserves of
Nigeria, which relies on crude sales for around 70 percent of
national income. The central bank has adopted a fixed
exchange rate to protect further depletion of reserves.
On Tuesday, vice president Yemi Osinbajo said President
Muhammadu Buhari had been "left with no choice" but to
raise petrol prices.
"What can we do if we don't have foreign currency? We have
to import fuel," Osinbajo said.
Nigeria needs to import almost all of its fuel as its refineries
are largely out of action after years of neglect and
mismanagement.
There were some flight delays on Wednesday as airlines
struggled to get jet fuel, but airports in Lagos, Abuja and
Port Harcourt in the oil-producing Niger Delta were
operational
Wednesday, May 18, 2016
FUEL HIKE:NANS TREATENS THE GOVERNMENT
The National Association of Nigerian Students (NANS), Ekiti
State chapter, is to shut down all tertiary institutions in the
state on Tuesday, to protest the hike in the price of
Premium Motor Spirit, fondly called petrol by the federal
government.
NANS, in a statement by the chairman of the chapter,
Comrade Shina Awopeju, on Sunday, said the
astronomical increase of the pump price of petrol from
N87 to N145 by President Muhammadu Buhari’s
government , was ‘’cruel , wicked, insensitive and brazenly
oppressive.’’
Awopeju said all tertiary institutions in the state, both
private and public , would be shut down on Tuesday, May
17 in protest if President Buhari refuses to reverse the
policy, he described as ill-timed and obnoxious.
NANS chastised President Buhari for allegedly failing to
fulfill his electioneering promises to Nigerians, in spite of
the overwhelming supports accorded him during the 2015
presidential poll.
“Nigerians are gradually losing trust in President Buhari,
because what we are getting were not the kind of change
we bargained for.
“The federal government should find a way of making our
refineries functional and operational than to be increasing
fuel price at will,” NANS posited.
Saturday, May 14, 2016
EFCC AFTER FANI KAYODE'S HOUSE
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