• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, July 25, 2026
  • 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

PBAT expands military structure, approves more recruitment

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

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

Reduction in security breaches by 65%, an unprecedented feat in 13 Years
News

PBAT expands military structure, approves more recruitment

July 24, 2026
Swiss Bank expects profit of $50bn
Economy/Technology

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

July 24, 2026
Nigeria, WFP worry over food situation
Economy/Technology

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

July 24, 2026
Tinubu signs amended electoral Act
Economy/Technology

Nigeria gains more global recognition -PBAT

July 24, 2026
Infrastructure gulp N2,7tn in Nigeria
Economy/Technology

Tinubu turning Nigeria into massive construction site

July 6, 2026
Covid-19 causes GDP’s contraction
Economy/Technology

Slash in vehicle import levies will reduce financial burden on Nigerians-TMV

July 6, 2026
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

Kenya hits the globe for oil investment

Increase in crude oil price, energy disruption call for security

April 2, 2022
UK unions seek higher minimum wages for Britons

Monthly Salary of President, other political appointees

December 27, 2022
Opara emerges 22nd President of CIBN

CIBN to establish banking school to boost graduate’s employability skills

April 15, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

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

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

    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

  • PBAT expands military structure, approves more recruitment
  • Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*
  • Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

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