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Tag Archives: fuel

Fuel Price Increase: Court Stops NLC from Going on Strike

The National Industrial Court has stopped ‎the Nigerian Labour Congress and the Trade Union Congress from embarking on strike to protest last week’s increase in fuel price by the federal Government. Justice Babatunde Adejumo gave the restraining order following a suit by the Attorney General of the Federation. Justice Adejumo, held: “The defendants are hereby restrained from carrying out the …

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FG removes fuel subsidy, petrol to sell for N145 per litre

The Minister of State for Petroleum Resources, Ibe Kachikwu, on Wednesday, said any Nigerian entity is now free to import petroleum products into the country, subject to existing quality specifications and other guidelines issued by regulatory agencies. Kachikwu pronouncement effectively ended the fuel subsidy regime. The minister said that all Oil marketers will be allowed to import the product on …

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