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Return Petrol Prices to June 2023 Levels, TUC Urges Federal Government

Return Petrol Prices to June 2023 Levels, TUC Urges Federal Government

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Return Petrol Prices to June 2023 Levels, TUC Urges Federal Government

Return Petrol Prices: The Trade Union Congress (TUC) has called on the Federal Government to lower the price of petrol, demanding that it be returned to the levels seen in June 2023.

The TUC emphasized that this adjustment would not only restore previous prices but should also result in a reduction below that level to ease the financial burden on Nigerians.

During a press conference in Abuja, TUC President Festus Osifo requested that the government provide foreign exchange at a rate of $1 to ₦1,000 specifically for the Dangote Refinery, compared to the current $1 to ₦1,600 rate. This move, according to Osifo, would significantly reduce the cost of petrol.

Government Intervention is Crucial

“The solution we’re proposing,” Osifo said, “will return petrol prices to the levels we saw in June 2023.” He further noted that no government should abandon its critical sectors to market forces, calling for more active government participation in regulating the oil industry.

Since May 2023, the Nigerian National Petroleum Company Limited (NNPCL) has steadily increased petrol prices, with the cost rising from ₦184 per litre to ₦998 by October 2024 in Lagos. As of June 2023, petrol was priced around ₦450 per litre.

Return Petrol Prices: Affordability and Availability

The TUC also emphasized the importance of making petrol both affordable and accessible to all Nigerians. Osifo proposed that all marketers should be given licenses to lift fuel from the Dangote Refinery. He added that if Dangote Refinery can’t meet daily demand, the NNPCL should source refined petrol from other suppliers to ensure availability.

“We must look for every means possible to meet demand while Dangote ramps up production. This is key to resolving the supply issue,” Osifo stated.

Nigerians Face Higher Petrol Prices Again

On Wednesday, petrol prices surged once more, with NNPCL outlets in Lagos and Abuja adjusting prices to ₦998 and ₦1,030 per litre, respectively. This price hike, along with long queues at filling stations, has caused panic among motorists and transporters, especially since other non-NNPCL stations followed suit, selling petrol at over ₦1,050 per litre.

While no official explanation has been given for the price increase, it’s believed to be linked to NNPCL’s first petrol batch from Dangote Refinery, which began distribution in mid-September.

Conclusion

The TUC’s call for intervention in the oil sector is rooted in its belief that stabilizing petrol prices is crucial for the Nigerian economy. A return to June 2023 levels, or even lower, would alleviate the growing burden on citizens and help stabilize the economy amid rising inflation.

Source: ChannelsTv

Last Updated on October 10, 2024 by news

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US Marshals Offer $25,000 Reward for Nigerian Man Wanted in Child Murder Case

US Marshals Offer $25,000 Reward for Nigerian Man Wanted in Child Murder Case

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US Marshals Offer $25,000
US Marshals Offer $25,000 Reward for Nigerian Man Wanted in Child Murder Case

A Nigerian man wanted for murder and child abuse charges is now on the U.S. Marshals Service’s 15 Most Wanted list. The US Marshals are offering a $25,000 reward for information leading to the arrest of Olalekan Abimbola Olawusi, 48, who is accused of fleeing the United States after the death of his infant son from severe abuse-related injuries.

According to official reports, Providence Police charged Olawusi with first-degree child abuse on April 20, 2017, after his 3-month-old son was found with multiple injuries. Emergency responders discovered the infant in cardiac arrest on April 3, 2017, at a Providence residence, leading to resuscitation efforts at the hospital.

Medical examinations revealed 18 distinct injuries in different stages of healing, indicating prolonged abuse. The child later died after months on life support due to severe injuries, including skull fractures, a subdural hematoma, and fractures across the body.

After his initial arrest, Olawusi was released but fled the country on June 20, 2017, via JFK Airport in New York, reportedly using his Nigerian passport. Authorities believe he may be hiding in Nigeria with family assistance, posing potential risk to other children. In response to the infant’s death on October 31, 2017, charges against Olawusi escalated to first-degree murder.

Ronald L. Davis, Director of the U.S. Marshals Service, expressed grave concerns: “Olawusi committed heinous crimes against a child and is now evading justice. His inclusion on our 15 Most Wanted list underscores the priority of capturing him to ensure community safety.” The USMS collaborates closely with local and federal law enforcement and leads task forces that apprehended over 73,000 fugitives in 2023.

Described as 5 feet 8 inches tall, with black hair and brown eyes, Olawusi may be using the alias Olekun Olawusi. Anyone with information on his location is urged to contact U.S. Marshals at 1-877-WANTED2 or via the USMS Tips App.

Since its creation in 1983, the 15 Most Wanted list has helped capture over 250 high-profile fugitives who pose serious risks to public safety.

Source: ChannelsTv

Last Updated on November 13, 2024 by news

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NDLEA Arrests 38 Suspects and Seizes Over 226kg of Drugs in October: A Major Victory in Niger State’s Anti-Drug Fight

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NDLEA Arrests 38 Suspects
NDLEA Arrests 38 Suspects and Seizes Over 226kg of Drugs in October: A Major Victory in Niger State’s Anti-Drug Fight

NDLEA Arrests 38 Suspects: In a significant anti-drug operation throughout October, the Niger State Command of the National Drug Law Enforcement Agency (NDLEA) made strides in tackling drug trafficking and drug abuse within the state. With a focused approach, the agency recorded multiple drug arrests and seizures, marking a notable milestone in its ongoing mission to maintain a drug-free society.

According to a statement by Niger State NDLEA Commandant Shehu Godabawa, the NDLEA successfully apprehended 38 individuals across various regions within the state. These suspects were involved in activities including drug trafficking, possession of illegal substances, and drug dealing. The agency’s crackdown resulted in the confiscation of 226.845 kilograms of illicit drugs, underscoring its commitment to reducing drug supply in Niger State.

Among the arrested suspects, eleven were formally charged in court, facing allegations of illegal drug possession and trafficking. These legal actions represent the NDLEA’s dedication to ensuring strict enforcement and deterring others from engaging in drug-related activities.

NDLEA Arrests 38 Suspects: Beyond its enforcement actions, the NDLEA also focused on public awareness and education throughout October. The command conducted 37 awareness programs targeting communities, schools, and public gatherings across the state. These initiatives are aimed at educating the public—especially the youth—about the severe health and social impacts of drug abuse.

Commandant Godabawa emphasized that the NDLEA remains committed to curbing drug demand and promoting safe, informed communities. He urged community members to collaborate by reporting suspicious drug-related activities to support the agency’s anti-drug mission.

The NDLEA’s October actions demonstrate its steadfast dedication to making Niger State safer by curbing the illegal drug trade and fostering awareness to prevent substance abuse.

Source: ChannelsTv

Last Updated on November 5, 2024 by news

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Tinubu Is Not T-Pain: He Understands Nigerians’ Struggles – Onanuga

Tinubu Is Not T-Pain: He Understands Nigerians’ Struggles – Onanuga

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Tinubu Is Not T-Pain
Tinubu Is Not T-Pain: He Understands Nigerians’ Struggles – Onanuga

Presidential spokesman Bayo Onanuga has emphasized that President Bola Tinubu is not indifferent to the struggles faced by Nigerians. He stated that Tinubu genuinely feels the pain of Nigerians and is committed to leading the country toward brighter days ahead.

Onanuga made these remarks during an interview on Channels Television’s Sunday Politics, addressing the derogatory nickname “T-Pain” that has circulated on social media. He clarified that Tinubu’s intention is not to inflict pain on citizens but to repair the economy and alleviate their struggles.

The spokesman acknowledged that the president is aware of the challenges Nigerians are currently enduring. However, he noted that Tinubu does not engage with social media, and thus is unaware of being labeled as T-Pain. Onanuga stated, “Some people have also responded and called the President a different name. So, as far as I am concerned, it is a non-issue.”

Onanuga continued, “Some people, out of mischief, just say somebody is a T-Pain; he (Tinubu) is not T-Pain.” He stressed that the President remains dedicated to addressing the economic difficulties faced by the populace, ensuring that they receive necessary relief.

Despite the nation grappling with soaring food inflation and a significant rise in energy prices, Onanuga pointed out that Nigeria is experiencing economic growth. He highlighted that revenues have increased even amid rising costs. Many citizens attribute the current hardships to the removal of petrol subsidies and the unification of foreign exchange rates, which have contributed to escalating living expenses.

Nigerians have expressed their dissatisfaction through two major protests, urging the Tinubu administration to reconsider its policies. While citizens have called for a reversal of these reforms, the government has maintained that the changes are essential for the nation’s economic stability.

In summary, Bayo Onanuga’s statements reaffirm that President Bola Tinubu is deeply aware of the pain of Nigerians and is actively working towards improving their situation through economic reforms.

Source: ChannelsTv

Last Updated on October 28, 2024 by news

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