A statement by the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to the effect that\u00a0a continuous fall in the value of the naira will lead to increased petrol prices, raised speculations of an imminent increase in the price of the commodity. However, Special Adviser to the President on Media and Publicity, Ajuri Ngelale gave the assurances of President Tinubu that there will be no increase in the pump price of petrol anywhere in the country, allaying fears of increased cost of living among citizens.<\/p>\n\n\n\n
Meanwhile, the Nigeria Labour Congress (NLC) and Trade\nUnion Congress (TUC) which had earlier\ntaken to the streets to protest certain government policies, met with the\nleadership of the Senate on August 8. One of the issues presented by the labour\nunions was the removal of petrol subsidy and the resultant increase in the\nprice of petrol, which they described as occasioning severe suffering for\nNigerians in the absence of far-reaching measures by the Federal Government to\ncushion its adverse effect. They also told the President of the Senate that the\npanel set up by President Tinubu to negotiate with the unions on the issue of\npetrol subsidy removal, was yet to meet with them two months after subsidy was\nremoved. For this reason, they expressed doubts with regard to the capacity of\nthe panel to carry out the assignment. The unions also presented a document\ncontaining their demands, to the leadership of the Senate. Some of these demands include an increase in\nminimum wage and a reduction in the pump price of petrol. <\/p>\n\n\n\n
The President of the Senate, Senator Godswill Akpabio\nassured the labour unions that the Executive was working out measures to\nameliorate the plight of citizens. He also expressed the Senate\u2019s commitment to finding a lasting\nsolution to labour-related issues in the country. <\/p>\n","protected":false},"excerpt":{"rendered":"
A statement by the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to the effect that\u00a0a continuous fall in the value of the naira will lead to increased petrol prices, raised speculations of an imminent increase in the price of the commodity. However, Special Adviser to the President on Media and Publicity, […]<\/p>\n","protected":false},"author":2,"featured_media":2492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-3348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/posts\/3348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/comments?post=3348"}],"version-history":[{"count":1,"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/posts\/3348\/revisions"}],"predecessor-version":[{"id":3352,"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/posts\/3348\/revisions\/3352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/media\/2492"}],"wp:attachment":[{"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/media?parent=3348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/categories?post=3348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/placng.org\/Legist\/wp-json\/wp\/v2\/tags?post=3348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}