When President Olusegun Obasanjo was in power we spent 300 billion per year on the fuel subsidy. Under the administration of President Goodluck Jonathan it shot up to 1.3 trillion naira in the last one year alone. Can someone please explain to me how it got so high in 4 […]

The Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) emerged from its emergency meeting in Abuja, Wednesday, and asked the Jonathan led administration to reverse the pump price of petrol to its original price of N65 per liter or face industrial action. According to a joint communiqué issued at […]

January, 1, 2012   NewsRescue- Joining Guinea, Cameroon, Ghana and Chad, Nigeria on New Years day removed fuel subsidies in accordance with an order from the IMF (International Monetary Fund). This created a jump in the price of automobile fuel from about 55 Naira per liter to 140Naira per liter […]