The Nigeria Labour Congress (NLC) has rejected the proposed petrol price hike, arguing it will worsen economic hardship in Nigeria and urging the government to seek alternative solutions.
Despite the Naira's significant appreciation, food prices in Nigeria stay high. Experts cite high input costs and lack of mechanization as key factors delaying price reductions.
Lagos State's Band A customers face a significant electricity tariff hike, promising 20-24 hours of power supply daily to boost economic activities and quality of life.
Despite naira devaluation, Nigerian business magnates Dangote, Otedola, Adenuga, and Rabiu make Forbes’ billionaire list, highlighting their enduring wealth and the country's economic resilience.
NERC has approved a significant increase in electricity tariffs for Band A customers, who enjoy up to 20 hours of power daily, marking a pivotal energy sector reform.
The Nigeria Labour Congress (NLC) has rejected the proposed petrol price hike, arguing it will worsen economic hardship in Nigeria and urging the government to seek alternative solutions.
Nigerian leaders, including Senator Shehu Sani, call on President Tinubu to ease the impact of rising fuel prices on the poor and ensure shared sacrifices.
The Federal Government has launched task forces within the Ministry of Aviation and ICRC to fast-track PPP projects, aiming to enhance infrastructure investment in the aviation sector.