• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, June 26, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Government, Labour continue talks on palliatives over fuel subsidy removal

Subsidy

The Matters Press by The Matters Press
July 27, 2023
Reading Time: 2 mins read
0
Nigeria has not taken decision yet on fuel subsidy

Abuja, July 27, 2023: The Federal Government says it will continue to work out measures to ameliorate the effect of the fuel subsidy removal on Nigerians.

RELATED POSTS

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

These measures include the introduction of the use of Compress Natural Gas, mass transportation and cleaner energy alternatives.

Ms Olu Verheijen, President Bola Tinubu’s Special Adviser on Energy, disclosed this at the end of a meeting with the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) in Abuja on Wednesday.

She said that the meeting made progress in agreeing to fast track a lot of the intervention that would stop the strike planned by the labour unions next week.

‘’But we are making progress, we’re trying to address the issues that will prevent a strike. We have to get it right. It’s important that we do this well, and we keep our promises.

‘’So it’s important that whatever is announced actually gets done. We don’t want to make big announcements and continue to lose people’s trust.

‘’It’s important that we build trust, and that most of the announcements and the plans that we roll out are credible and impactful,’’ said Verheijen.

She assured that Tinubu was taking measures to address issues concerning the palliatives, adding that he is very concerned about it.

‘’He is concerned about it, as you’ve seen all of us working round the clock here to make sure that we are able to announce these measures as quickly as possible. It’s a whole package of issues that we’re rolling out as quickly as possible.’’

Mr Joe Ajaero, NLC President, said that the meeting has the mandate to discuss only the pump price of N520 per litre and not that of the N617, adding that they are two separate issues.

‘’We met based on the N520 increase and the committee that was set based on that and we agreed to work to realise the objectives that were set during that moment.

‘’The two centres have made their positions known and are before Nigerians; the TUC, the NLC, our position is known. And it’s public knowledge.

‘’Nobody is discussing N617 as of now and this meeting didn’t have the competence to address that,’’ he said.

On his part, Mr Festus Osifo, the TUC President, said that the meeting was able to present a position from both the government and labour, adding that a decision will be taken by Friday on the strike.

‘’Some of the things they presented we did not agree with. So the areas we did not agree with we also made our input known. When you come to such a meeting it is for the government or its representatives to do a presentation.

‘’But it’s left for us to either agree or disagree. So during the meeting, we gave them sufficient feedback. And they also agreed to go and look at those feedbacks and get back to us on Friday,’’ he said.

Tags: PalliativesSubsidy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
ECOWAS, Sahel states in deal to  confront terrorism
Foreign

ECOWAS, Sahel states in deal to confront terrorism

June 20, 2025
Next Post
“Naira-4-Dollar” getting results

Naira gains again, hits N740.08 to dollar

Innoson to establish car fuel conversion centres

Russian Electric Car firm seeks partnership with Africa

Recommended Stories

RCCG hits Abuja, prays for Buhari, Osinbajo

RCCG hits Abuja, prays for Buhari, Osinbajo

November 10, 2018
Economists Challenge IMF on call for further VAT increase in Nigeria

IMF approves $1bn loan for Kenya

July 19, 2023
Trading in Nigerian stock market dips further N83bn

Stock market raises N3.85trn capital for entities

January 27, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
  • Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us