by Alexander O. Onukwue Sometime around March 2003, Mobolaji Aluko was raising an alarm about an unprecedented occurrence when he made the following observation: “I saw two-mile long queues with my own eyes within the past fortnight week, including just a week ago as I travelled from Akure to Abuja. Petrol cost as “low” as... Read More

deregulation, fuel importation, fuel scarcity, nnpc, PPRA Country woes

January 29, 2017

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IPMAN threatens to stop distribution of fuel this week

Fuel marketers in the South-West under the umbrella of Independent Petroleum Marketers Association of Nigeria have threatened to stop dispensing oil over huge losses being incurred. IPMAN Chairman in the South-West, Mr. Debo Ahmed said many of the members have threatened not to lift oil once they exhaust their stock while others have already stopped.... Read More

The News Blog

deregulation, distribution, Fuel, IPMAN, price

October 29, 2016

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Farooq Kperogi: The coming petrol price hike and NNPC’s subterfuge

by Farooq Kperogi Another petrol price hike is coming. It’s not a matter of “if”; it’s a matter of “when.” So either brace yourself for it or get ready to fight it. Of course, I’d be the happiest person to be wrong about this. Every petrol price hike follows an unfailingly well-worn pattern in Nigeria.... Read More

Buhari, Cabal, corruption, deregulation, nigeria, Petrol hike, subsidy

July 19, 2016

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NUPENG to FG: Adopt a clear policy on kerosene

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday urged the Federal Government to adopt a clear policy on kerosene. The appeal was made by the union’s South-West Chairman, Alhaji Tokunbo Korodo in an interview with the News Agency of Nigeria (NAN) in Lagos. Korodo while making the plea, lamented that the... Read More

The News Blog

deregulation, Gas, Kerosene, NUPENG, policy, Tokunbo Korodo

May 24, 2016

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In a couple of days, plenty of petrol will arrive Nigeria

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured that in about 2 days, 10 vessels carrying petrol will arrive the country from the ports despite the scarcity of foreign exchange in the country. IPMAN is not feeling the effects of the scarcity of forex in the country because it gets it credit line... Read More

The News Blog

adeosun, deregulation, Federal Government, IPMAN, Marketers, Oil, petrol, subsidy

NLC meeting with House of Rep Speaker, Yakubu Dogara

May 20, 2016

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NLC finally meets Senators, Reps over fuel subsidy and strike (PHOTOS)

The leaders of a faction of the Nigeria Labour Congress (NLC) met with the Speaker of the House of Representatives, Hon Yakubu Dogara, and members of the ad-hoc committee on deregulation yesterday to discuss the recent increase in fuel price and Labour’s ongoing strike. The NLC delegation was led by President, Comrade Ayuba Wabba. No official resolution... Read More

The News Blog

Ajaero, deregulation, Dogara, Fuel Price, lawmakers, NASS, nlc, strike, wabba

May 19, 2016

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Opinion: The APC government is at risk of losing trust

By Stephen Oladapo Trust; the firm belief in the character, strength, or truth of someone or something. Trust can be attributed to relationships between people. It can be demonstrated that humans have a natural disposition to trust and to judge trustworthiness that can be traced to the neurobiological structure and activity of a human brain.... Read More

Featured, The News Blog

APC, deregulation, Fuel Price, PDP, Stephen Oladapo, subsidy, trust

May 16, 2016

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Opinion: No nation develops in ease and quiet

As development stories go, no nation develops in ease and quiet. After exertion comes enjoyment and the most massive nations are seared with scars. I am not a religious man but I will say, ‘even though darkness persists for a night, joy comes in the morning’. This has always happened. In South Korea, China and... Read More

2016 budget, deregulation, fiscal Policy, government, subsidy

May 12, 2016

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Kachikwu, maker of promises he does not keep, just made another promise (WATCH)

Speaking as a guest at the Channels Television Arise TV show, the Minister of State for Petroleum Resources, Ibe Kachikwu, explained why the fuel subsidy was removed and the reason for the increase in the price of fuel. While calling on Nigerians to have faith in government, the Minister noted that the price of fuel... Read More

Featured, The News Blog

channels tv, deregulation, fuel price increase, fuel subsidy, Kachikwu, Minister of petroluem, nigeria

May 12, 2016

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Joachim Mac-Ebong: Those attacking #OccupyNigeria 2012 protesters are wrong – very wrong

by Joachim Mac-Ebong This is the morning after the evening before, when the government announced an upward review of petrol prices to a maximum of N145 per litre. Minus some grumbling here and there from labour unions, this decision has been greeted with relief, with many of the view that even though the move is... Read More

#OccupyNigeria, deregulation, fuel subsidy, january 2012, joachim mac-ebong, joachim macebong, jonathan, occupy nigeria

May 20, 2015

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Opinion: Fuel subsidy removal and the incoming government

by Tope Adesipo Members of this cartel are politicians of the two major parties in Nigeria, their big business partners and international collaborators. with this cartel in place deregulation will never work. The history of fuel scarcity in Nigeria is quite strange. there is hardly a year that runs from January to December without fuel... Read More

Buhari, cartel, deregulation, fuel subsidy, opinion, tope adesipo, ynaija

May 6, 2014

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Suraj Oyewale: PIB, deregulation and Nigeria’s non-reading activists (Y! FrontPage)

by Suraj Oyewale So when the PIB finally becomes an Act and, in implementing the provisions, fuel subsidy is totally removed, I hope some people will not just wake up from their slumber and begin another round of street protests, when during the public hearings on the Bill, nobody deemed it fit to bring... Read More

activists, deregulation, non-reading, Oil subsidy, PIB, Protests, suraj oyewale, Y!frontpage

September 22, 2013

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Simon Kolawole: The refinery we have been praying for

by Simon Kolawole We finished chatting and took a boat across to the Lagos Motor Boat Club, Ikoyi, from where we had driven to Victoria Island an hour earlier. He saw me off to the gate as we chatted on other matters of interest, including swimming. I jumped into my car and drove off, imagining... Read More

aliko dangote, bllionaire, boat, deregulation, refinery, simon kolawole

March 31, 2013

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Simon Kolawole: Ibeto locks horns with Ebonyi gov’t – A most wasteful process

by Simon Kolawole The notion that the government can do and undo irrespective of legal requirements can only discourage private investors. I further fear that if Ebonyi succeeds in muscling out Ibeto, the legal wrangling will go on for ages and Nigercem will remain moribund. I would say since 1999, two economic policies have always... Read More

aliko dangote, Benue Cement Company, deregulation, Eastern Bulkcem Nigeria Limited (EBNL), Ebonyi State, Ibeto Group, Nigercem, privatisation

January 10, 2013

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Opinion: N65… N141… N97… N250: Can we deregulate this sector already?

by ‘Yemi Adamolekun While the removal of the subsidy was the trigger, most Nigerians were clear that our concerns were around the cost of government; the waste in government and corruption which were the crux of the lame excuses given to justify the removal. A year ago Nigerians received a nasty New Year’s gift... Read More

deregulation, fuel subsidy, nigeria, Petroleum

January 11, 2012

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Government says: Protest or strike, Fuel Subsidy removal is here to stay!

By Chi Ibe Today the Federal Government directed all federal civil servants to report and end the ongoing anti fuel subsidy strike that began on Monday 9 January, 2012. It also guaranteed that its controversial deregulation policy was here to stay, saying it would not revert the pump price of fuel from N141 to N65. The... Read More

#OccupyNigeria, deregulation, FuelSubsidyRemoval, NLC Strike

January 9, 2012

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#FuelSubsidyRemoval: The Presidency Vs the House of Representatives

By Rachel Ogbu President Goodluck Jonathan has accused the House of Representatives of stirring Nigerians against his government by passing a resolution urging him to suspend the removal of petrol subsidy. “That extraordinary session coming a day on the eve of an attempt by some people to disrupt law and order could be interpreted in... Read More

deregulation, FuelSubsidyRemoval, House of Representatives, nigeria, nlc, President Goodluck Jonathan

January 7, 2012

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#FuelSubsidyRemoval: President Goodluck Jonathan speaks out at last!

NATIONAL BROADCAST BY PRESIDENT GOODLUCK EBELE JONATHAN, GCFR, ON THE DEREGULATION OF THE DOWNSTREAM PETROLEUM SECTOR SATURDAY, JANUARY 7, 2012 Dear Compatriots, “Let me seize this opportunity to assure all Nigerians that I feel the pain that you all feel.” A week ago, I had cause to address Nigerians on the security challenges we are... Read More

deregulation, downstream petroleum sector, FuelSubsidyRemoval, President Goodluck Jonathan

YNaija Analysis: Fuel scarcity is Nigerian by birth

IPMAN threatens to stop distribution of fuel this week

Farooq Kperogi: The coming petrol price hike and NNPC’s subterfuge

NUPENG to FG: Adopt a clear policy on kerosene

In a couple of days, plenty of petrol will arrive Nigeria

NLC finally meets Senators, Reps over fuel subsidy and strike (PHOTOS)

Opinion: The APC government is at risk of losing trust

Opinion: No nation develops in ease and quiet

Kachikwu, maker of promises he does not keep, just made another promise (WATCH)

Joachim Mac-Ebong: Those attacking #OccupyNigeria 2012 protesters are wrong – very wrong

Opinion: Fuel subsidy removal and the incoming government

Suraj Oyewale: PIB, deregulation and Nigeria’s non-reading activists (Y! FrontPage)

Simon Kolawole: The refinery we have been praying for

Simon Kolawole: Ibeto locks horns with Ebonyi gov’t – A most wasteful process

Opinion: N65… N141… N97… N250: Can we deregulate this sector already?

Government says: Protest or strike, Fuel Subsidy removal is here to stay!

#FuelSubsidyRemoval: The Presidency Vs the House of Representatives

#FuelSubsidyRemoval: President Goodluck Jonathan speaks out at last!

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