Oil prices rose on Wednesday to $90 a barrel for the first time since October 2014.as countries relaxed lockdowns and dropped travel restrictions.
With current realities, Nigeria is expected to earn an extra $28 on every barrel of crude sold — but the country’s subsidy shortfall payments will erode the gains., amounting to N1.43 trillion in annual expense, shrinking revenue accrued to the federation account. This development comes amid rising tensions between Russia and Ukraine, which raised concerns about potential supply disruptions in the global oil market.United States President Joe Biden had said that he would consider personal sanctions on President Vladimir Putin if Russia invades Ukraine.
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Petrol landing cost rises to N282/litre, oil hits $90 - Punch NewspapersThe most widely read newspaper in Nigeria So help us God!! WTF Uhmmmmmmmm
Source: MobilePunch - 🏆 8. / 63 Read more »
Newspaper Headlines: NNPC may deduct over N1trn from FAAC in six months for petrol subsidy | TheCableThe harmonisation of the electoral act amendment bill by the two chambers of the national assembly appeared on the cover pages of Nigerian newspapers. Who subsidized who before president Buhari win election after win election we subsidized Nigerian petroleum
Source: thecableng - 🏆 2. / 80 Read more »
NLC suspends planned protest against petrol subsidy removalThe Nigeria Labour Congress (NLC) has suspended its planned nationwide protest over petrol subsidy removal.The protests had been scheduled... Is it only petrol subsidy removal, they wanted to protest about, what about minimum wage they make mention.
Source: thecableng - 🏆 2. / 80 Read more »
Petrol subsidy: FG proposes 18 months extension for PIA implementationThe federal government says it will propose 18 months extension to the national assembly for the implementation of the PIA... Is this necessary Even papa wahala Buhari doesn't want the wahala that'll come from fuel price increase.
Source: thecableng - 🏆 2. / 80 Read more »
Petrol subsidy removal must benefit Nigerians — Govs' forum - Punch NewspapersThe most widely read newspaper in Nigeria Which nigerians are you talking about, everyone or only the few rich once Trash When they are not buying it, they don’t use their money for anything These people are so wicked , with the rate of standard of living, is this the right time to remove subsidy? They’re only interested in the money they would get and not their citizens
Source: MobilePunch - 🏆 8. / 63 Read more »
BREAKING: NLC suspends planned protest against petrol subsidy removal | TheCableThe Nigeria Labour Congress (NLC) has suspended its nationwide protest over petrol subsidy removal. I hope they have been paid to stay at home and allow the irrelevant citizen to suffer the cause. PDP and its family are at it again. Labor and cable fake news. The government has said they are not removing subsidy for now. So you decide to go on strike just to make APC government look bad. . yeye people. Nobody go follow you disgrace yourselves alamutuniyi Fake planned protest. Everything that will happen have already been arranged 🤠. It's all a charade! Trust me! KeepItOn
Source: thecableng - 🏆 2. / 80 Read more »