Fuel Subsidy: Makinde To Inaugurate C'ttee On Salary Review

Nigeria News News

Fuel Subsidy: Makinde To Inaugurate C'ttee On Salary Review
Nigeria Latest News,Nigeria Headlines
  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

A few days after removal of petroleum subsidy by the federal government, Oyo Sate governor, Seyi Makinde has stressed the need to constitute a committee to

Makinde said constituting the committee became necessary in view of the removal of subsidy on Premium Motor Spirit .He said, “For us, with all sincerity, I think it is time to engage and ensure that we are proactive, irrespective of what is coming from the federal level.

We are already prepared for it here and we can run our own programmes.“Yes, the fuel subsidy removal is going to affect all of us but we do have control over certain things in Oyo State, and one of these is to be proactive and engage ourselves.“They may call for strike or certain actions at the federal level but the labour leaders in Oyo State must be aware of our own situation,” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

LeadershipNGA /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Five benefits of fuel subsidy removalFive benefits of fuel subsidy removalPresident Bola Tinubu on Monday announced fuel subsidy was gone because there is no budgetary allocation for it after June.    What is fuel subsidy?   Fuel subsidies are a form of government intervention to reduce the cost of fuel by providing direct financial support to oil companies, and as such, subsidise the product to consumers (Nigerians). Nigeria is one of Africa’s largest producers of crude oil, and it relies heavily on this resource for its economic growth.   The 2023 budget proposed N2.557trn supplementary budget for fuel subsidy.   Here are five benefits of fuel subsidy removal:   1. Fuel subsidy removal, according to experts, would free up resources for other sectors of the economy. 2. The government spends a significant portion of its budget on fuel subsidies, which could be better spent on education, healthcare, infrastructure development, amongst other key sectors. 3. Establishments of domestic refineries to produce more petroleum products, reducing Nigeria’s…
Read more »

Subsidy: Makinde sets up committee to review workers' salarySubsidy: Makinde sets up committee to review workers' salaryThe Oyo State Governor, Seyi Makinde, on Monday, constituted a committee to review workers’ salaries following the removal of fuel subsidy by the Federal Government.
Read more »

Fuel Subsidy and the plight of the common man in Nigeria, By Gidado ShuaibFuel Subsidy and the plight of the common man in Nigeria, By Gidado ShuaibKyari said the NNPC made the petrol subsidy payments from its cash flow, noting that the government has been unable to pay back so far.
Read more »

Fuel Subsidy: Kwara State Government Reduces Workdays To Three Per Week For Public Servants | Sahara ReportersFuel Subsidy: Kwara State Government Reduces Workdays To Three Per Week For Public Servants | Sahara ReportersGovernor Abdulrahman Abdulrazaq of Kwara State has approved a temporary reduction of workdays to three days a week for state public servants. The State Chief Press Secretary, Murtala Atoyrbi, who made this known in a statement on Monday said that the workdays reduction by the state government was a temporary palliative measure to bring some ease to workers following the removal of fuel subsidy by the Nigerian Government.
Read more »

Buhari govt laid landmines, removed fuel subsidy - Ohanaeze youths chide NLCBuhari govt laid landmines, removed fuel subsidy - Ohanaeze youths chide NLCThe youth wing of the apex Igbo socio-cultural organisation, Ohanaeze Ndigbo has accused the national leadership of the Nigeria Labour Congress, NLC, of
Read more »

JUST IN: Fuel Subsidy Removal: Court stops Labour's planned strikeJUST IN: Fuel Subsidy Removal: Court stops Labour's planned strikeThe federal government was still negotiating with Labour leaders when it obtained the court order restraining the Labour from embarking on its planned strike over fuel subsidy removal.
Read more »



Render Time: 2025-03-23 08:05:19