Tuesday, May 17, 2016

Fuel Price Hike: FG Reaches Agreement With Ajaero-Led NLC

    The federal government has reached an agreement with the Joe Ajaero led faction of the Nigeria Labour Congress (NLC) to set up a committee to resolve agitations over the new pump price of petrol.


The committee is expected to address the downward review of the pump price, determine new minimum wage and consult with the PPPRA for effective price regulation of petroleum products.

Industrial court restrains Nigeria Labour Congress from going on strike tommorrow


      The National Industrial Court has granted an interim order restraining the Nigeria Labor Congress and all its allies from embarking on any strike action. The Federal government this morning approached the court asking the court to stop the proposed strike action by NLC.

‘One million poor Nigerians to be paid N5000 monthly in 2016’ – Osinbajo

   
The Vice President, Yemi Osinbajo said one million poor Nigerians will be paid N5000 monthly as it has been appropriated for in the recently passed 2016 budget. In a statement released by his Senior Special Assistant on Media and Publicity, Laolu Akande, Osinbajo said N68.7 billion has been budget for this purpose.

Monday, May 16, 2016

Rowdy Scene As House holds Special Session On Petrol Price Increase

The Minister was invited to brief lawmakers on the situation in the petroleum sector.

FG meets labour today as Representatives summon Kachikwu

The Federal Government has invited the leadership of labour to a meeting in the Office of the Secretary to the Government of the Federation on Monday to discuss the increase of fuel pump price from  N86.50k to N145.