The PRP calls on the CBN and the Nigerian Government to rescind the policy and focus on implementing measures that address the citizens’ concerns, including economic growth, job creation, and equitable distribution of resources. The party emphasizes its solidarity with the citizens and its commitment to fighting for a fairer and more prosperous future for all.
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No plans to increase price of Petrol, says Sylva
THE Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government has no plans to increase the pump price of Premium Motor Spirit (PMS) also known as petrol in June.
Sylva said this in a statement in Abuja on Friday.
“Once again, it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (Petrol) to reflect current market realities.
“The current price of petrol will be retained in the month of June until the ongoing engagement with organised labour is concluded.
“This clarification becomes necessary in the light of recent reports regarding the resolution of the Nigeria Governors Forum to increase the pump price of petrol,” he said.
He further urged marketers not to engage in misconduct and urged the public not to engage in panic buying of products.
“I would like to strongly urge petroleum products marketers not to engage in any activity that could jeopardise the seamless supply and distribution system in place.
“I also urge members of the public to avoid panic buying because the Nigerian National Petroleum Corporation (NNPC) has enough stock of petroleum products to keep the nation wet,” he said.
It will be recalled that the Nigeria Governors’ Forum (NGF) on May 20 at its virtual meeting considered the report of a committee headed by Kaduna State Governor, Mallam Nasir el-Rufai.
The Forum accepted the committee’s recommendation that backs full deregulation of petrol, and suggested that the pump price of the product should hover around N385 per litre.
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Just in: Tinubu lands in Abuja after Netherlands, Saudi trips
Just in: Tinubu lands in Abuja after Netherlands, Saudi trips
President Bola Tinubu has returned to Nigeria after his trips to the Netherlands and Saudi Arabia.
According to the NTA, Tinubu returned on Wednesday.
On April 22, Tinubu left Abuja, the country’s capital, for the Kingdom of The Netherlands on an official visit.
Ajuri Ngelale, presidential spokesperson, said the president was visiting The Netherlands at the invitation of Prime Minister Mark Rutte.
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After the engagements in The Netherlands, Tinubu proceeded to Riyadh in Saudi Arabia to attend a special World Economic Forum (WEF) meeting between April 28 and 29.
Bayo Onanuga, the special adviser on information and strategy to the president, on Tuesday announced that the President and his aides will return on Wednesday in a post on his X handle.
“President Bola Ahmed Tinubu, along with his aides, will return to Nigeria tomorrow from Europe,” Onanuga wrote.
Just in: Tinubu lands in Abuja after Netherlands, Saudi trips
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National clean cooking policy gets FEC approval
National clean cooking policy gets FEC approval
The Federal Executive Council (FEC) has approved the National Clean Cooking Policy to ensure access to clean cooking energy solutions for all Nigerian households and institutions by 2030.
During the policy’s launch, Minister of Environment Balarabe Abbas Lawal affirmed the government’s commitment to supporting policy domestication by implementing key recommendations, as stated by the Nigerian Alliance for Clean Cooking (NACC).
“We will conduct extensive awareness campaigns to highlight the benefits of cleaner cooking solutions. Additionally, we’ll offer technical and business training to enhance the capabilities of local producers and distributors. Fiscal and monetary incentives will also be provided to encourage local manufacturing of clean cooking fuels and technologies,” he elaborated.
Minister of State for Environment, Dr. Iziaq Kunle Salako, emphasized the ministry’s plan to organize regional and state launches to raise awareness about the policy.
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“Effective implementation of the policy relies on states and local governments aligning with its goals,” he emphasized, pledging adequate budgetary allocations from the Federal Ministry of Environment.
Dr. Salisu Dahiru, Director General of the National Council on Climate Change, highlighted the significance of implementing the clean cooking policy in achieving national climate change objectives.
“Development partners have allocated substantial financial resources to support the national clean cooking goal,” he noted.
Ewah Eleri, Chairman of the Board of Trustees of the Nigerian Alliance for Clean Cooking, praised FEC’s approval of the national policy and called for collaboration among government levels, the private sector, civil society organizations, and international development agencies to combat cooking energy poverty and mitigate climate change impacts.
Eleri thanked all partners, particularly the Clean Cooking Alliance and the Heinrich Boell Foundation, for their contributions to policy development.
National clean cooking policy gets FEC approval
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CBN cybersecurity levy will worsen Nigerians’ situation – PRP
CBN cybersecurity levy will worsen Nigerians’ situation – PRP
The Peoples Redemption Party (PRP) has condemned the cybersecurity levy imposed on electronic transfers by the Central Bank of Nigeria (CBN), describing it as ill-timed and insensitive, especially considering the current economic challenges faced by Nigerians due to the Federal Government’s unpopular policies.
The PRP, in a statement signed by its acting national publicity secretary, Comrade Muhammed Ishaq, and made available to WITHIN NIGERIA, called on the CBN to withdraw the policy and implement measures to alleviate the suffering of Nigerians.
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The statement questions the timing of the levy and criticizes the government for collecting money from Nigerians to fund the Office of the National Security Adviser without ensuring transparency or accountability in the utilization of the funds.
The PRP condemns the CBN’s directive and warns that it will further worsen the financial difficulties faced by Nigerian citizens, particularly impacting vulnerable groups such as hardworking individuals, families, and small business owners.
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