NNPC Lacks Power to Fix Price of Petroleum Products, Says NLC
“How can there be market forces if Dangote is the only person producing? Are we not repeating a private sector monopoly?
“How can there be market forces if Dangote is the only person producing? Are we not repeating a private sector monopoly?
However, the Trade Union Congress rejected the strike option and resolved to continue dialogue with government.
The Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari, has said that the NNPC uses the official foreign exchange rate as the rest of
When you say you don’t have jurisdiction to entertain a matter because the party has no locus standi it means everything that is before the court, no matter how articulate it is, is dead.
It said it had been funding subsidies to the tune of N400 billion monthly and that the federal government still owed the firm N2.8 trillion spent on petrol subsidy.
He said cases at the tribunal should not prevent the President from getting the job done.
He said the congratulatory message was not hinged on winning the elections as they are still in court to prove that the process was rigged and the election, stolen.
The Professor of Financial Economics says the president’s plan to increase GDP by 6% in the short term would require a “miracle” if hindrances are not taken out of the way.
“We shall consult and dialogue but never dictate. We shall reach out to all but never put down a single person for holding views contrary to our own.”
This took place in Abuja Monday Morning
They also urged Nigerians to be patient with the incoming administration as it settles in for the difficult job of redirecting the country.
He said he would not mismanage his lifetime aspiration and none of the issues would be an excuse for non-performance or failure.
In fulfilment of a promise made by Nigeria’s Aviation Minister Hadi Sirika, a Nigeria Air aircraft was spotted landing at the Nnamdi Azikiwe Intrrnational Airport in Abuja on Friday.
She also called on the President-elect to carefully select those who would aid his administration based on competence.
He also said Benue State, under his administration, has never experienced any ethnicity or religious crisis due to his belief in equity for all.
He said it is unfortunate that the leadership tussle has now become a money affair and not based on qualifications.
The CBN governor said the refinery helps Nigeria with significant savings in foreign exchange and in easing the fiscal burden on the federal government.
He expressed optimism that his successor, Bola Tinubu, will sustain “improved” economic and business environment.
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