With End of Subsidy, NNPC Raises Petrol Price to Between N488 and N557 Per Litre Workers insist on status quo as FG, NLC meeting is deadlocked You can't ask partner to negotiate at gunpoint, says Ajaero HURIWA condemns upward review of pump prices NECA cautions against escalation of inflation Deji Elumoye, Chuks Okocha, Emmanuel Addeh in Abuja and Peter Uzoho, Dike Onwuamaeze, Ugo Aliogo in Lagos
Nigerian National Petroleum Company (NNPC) Limited, yesterday, adjusted the pump price of petrol by nearly 200 per cent, from N195
per litre to between N488 and N557 nationwide. The development followed the announcement by President Bola
Tinubu during his inaugural address on Monday that fuel subsidy was “gone”. Tinubu promised to re-channel the expected savings to
education, health and other sectors. But Nigeria Labour Congress (NLC) expressed displeasure over the NNPC pricing template,
describing it as vexatious. NLC President, Joe Ajaero, in a statement, Continued on page 48
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Adhere to Our Party’s Manifesto, Adamu Urges APC Govs Explains time of subsidy removal will be challenging to them Uzodinma emerges PGF chair, says all presidential candidates promised to remove subsidy Adedayo Akinwale in Abuja National
Chairman
of
All
Progressives Congress (APC), Senator Abdulahi Adamu, has urged governors elected on the
platform of the party to adhere to the manifesto of the ruling party in their respective states.
Adamu spoke at a meeting of the National Working Committee (NWC) of APC and members of
the Progressives Governors Forum (PGF) held at the national secretariat of the party in Abuja
He admitted that the country was Continued on page 48
Tinubu: We're Ready for Business Partnership With Willing Nations Says Nigeria will remain non-aligned China pledges increased economic cooperation with Nigeria EFCC chair meets president, briefs him on state of anti-graft war Deji Elumoye and Kingsley Nwzeh in Abuja President Bola Tinubu, yesterday, gave an assurance that Nigeria was ready to do business with interested countries across the globe. Speaking yesterday while receiving Chinese President's Special Envoy and Vice Chairperson, Standing Committee of National People's Congress, People's Republic of China, Peng Qinghua, at the State House, Abuja, Tinubu said Nigeria was open for business and constructive partnerships. He said Nigeria would do business with any country ready to deal with the country as a non-aligned nation. Chinese President XI Jinping, through his envoy, had earlier pledged increased economic cooperation with Nigeria, saying the country is important to Africa and the world. Also yesterday, Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Continued on page 48
STRATEGIC PARTNERSHIP... L-R: French Ambassador to Nigeria, Her Excellency, MS Emmanuelle Blatmann; French Minister of State for Development, Francophone and International Partnerships, Her Excellency Chrysoula Zacharopoulou; Governor Abdulrahman Abdulrazaq; and European Union Ambassador to Nigeria, Her Excellency Mrs. Samuela Isopi; during the signing of the Memorandum of Understanding (MOU) between the Kwara State Government's Innovation and French's Alliance Francaise and another one between Kwara State Government and BRLI/MG2MIX/ PHYLUM/EILYPS Consortium in Government House Ilorin Kwara State on Tuesday.