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NLC Condemns Latest Petrol Price Hike, Calls for Reversal and Economic Blueprint

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The Nigeria Labour Congress (NLC) has expressed strong dismay over the recent increase in the pump price of petrol, calling for an immediate reversal of the hike and challenging the government to present a clear and inclusive economic growth plan.

In a press statement issued from its national headquarters in Abuja, signed by its President, Comrade Joe Ajaero, the NLC criticized the government for what it described as its apparent focus on increasing fuel prices without addressing the underlying economic challenges Nigerians are facing. The statement further highlighted the union’s concern over the absence of effective mitigation measures to cushion the impact on the population.

“We are dismayed by the latest increase in the pump price of petrol. It looks like the only thing this government is known for is increasing the pump price of petrol without commensurate capacity of Nigerians or mitigatory measures,” the statement read.

The NLC also took aim at the role of the Nigerian National Petroleum Company Limited (NNPCL) in price-setting, accusing it of acting as a “hegemonic monopoly.”

“Even following the logic of market forces, we find it an aberration that a private company (NNPCL) is the one fixing prices and projecting itself as a hegemonic monopoly,” the statement continued.

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The labour union called on the government to go back to the drawing board and present Nigerians with a comprehensive blueprint for inclusive economic growth and national development, rather than resorting to what it described as “spasmodic ad hocism and palliative policy.”

The NLC expressed concern that the recent increase would exacerbate the already difficult economic situation faced by Nigerians, further deepening poverty as production capacities decline, leading to job losses and a range of negative socioeconomic effects.

The NLC called for an immediate reversal of the price increase, arguing that previous hikes had not yielded any positive results and had only worsened the standard of living for the Nigerian people.

“In light of this, we urge the government to immediately reverse this rate hike as previous increases did not produce any good result. People only got poorer.”

The statement also urge the government to be transparent about its long-term plans for the country’s economic direction, urging it to tell Nigerians “in advance the destination it wants to take the country.”

The NLC has been a vocal critic of the government’s fuel pricing policies and remains one of the key stakeholders in advocating for the welfare of Nigerian workers and the broader population.

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FG Plans Cash Transfer To 20 Million Nigerians

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The Federal Government has unveiled a comprehensive plan to provide cash transfers to 20 million poor Nigerians in a move to address poverty and improve living standards.

According to Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the social investment program aims to impact 60% of the poorest citizens, directly supporting 20 million households.

He made the disclosure at a panel session titled ‘Fiscal Reforms for a More Secure Future’ during the 30th Nigeria Economic Summit in Abuja on Tuesday.

He said the government’s economic reform agenda focuses on reducing inflation, creating jobs, and stimulating growth in key sectors such as agriculture, manufacturing, oil, and housing.

Edun attributed the increased revenue to the effective application of technology, which has reformed the civil service and improved domestic resource mobilization.

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Court stops Kano businessman from selling multi-million naira property in contention

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A Kano High Court sitting in Gezawa has granted an order restraining a businessman, Tajudeen Olalekan Adeoye from selling or transferring a multi-million naira house situated at Plot 382, Divine Estate in Kano pending the hearing and determination of the motion on Notice.

SolaceBase reports that the suit was instituted by Hajiya Kudirat Shuaibu Akaje against Tajudeen Olalekan Adeoye as first defendant, AVM A.M Sadiq(RTD) as the Second defendant and Kano State Ministry of Land and Physical Planning as the third defendant.

The presiding judge, Justice Musa Dahiru Mohammed on October also ordered the pasting of a caveat on the conspicuous part of the property situated at Divine Estate, Jaba, Fagge local government of Kano State covered by C of O No. LKN?RES/2010/4431.

The court granted the order after listening to counsel of the plaintiff, Barr. AbdulHafees D. Khalid.

The matter was later adjourned to November, 1st, 2024.

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Truck Crushes 9 to Death in Nigerian State

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Nine people, including a primary school pupil and her mother, lost their lives, and several others were critically injured in an early morning road crash at Oke-Elesin, Amuloko, in the Ona-Ara Local Government Area of Oyo State on Monday.

The accident involved two trucks loaded with soda drinks and tiles, along with two tricycles popularly known as “Keke Marwa.”

According to eyewitness accounts, one of the trucks lost control while descending the popular Oke-Elesin hill and ran over other vehicles, including the Keke Marwa.

It was reported that six of the victims died on the spot, while the injured are receiving medical attention at a nearby hospital.
An eyewitness added, “The accident occurred early this morning. It was caused by brake failure on the truck as it descended the slope of the road. After losing control, it crushed a tricycle, or Keke NAPEP. Another lorry, carrying soft drinks, was following closely behind and, in an attempt to avoid the truck in front, collided with and crushed another Keke MA PEP.”

We learned that six people died, while five others were injured. They have all been taken away from the scene.”

Giving his account of the incident, the Managing Director of Amuloko City Hospital, Dr. Raji Wale, confirmed that four patients were brought to his hospital.
Giving his account of the incident, the Managing Director of Amuloko City Hospital, Dr. Raji Wale, confirmed that four patients were brought to his hospital.

“The accident occurred early this morning. Six victims were brought in with varying degrees of injuries, and some were taken to other hospitals. We managed to treat those brought here. Two were treated as outpatients and have been stabilized and discharged. Two children are still here. I was informed that one of the children was in the Keke NAPEP with his mother, who died.”
“The other two, with severe injuries, have been admitted and are being treated. They have been stabilized, and we are continuing their care,” Dr. Raji added.

When contacted, the Sector Commander of the Federal Road Safety Commission (FRSC) in Oyo State, Mrs. Rosemary Alo, confirmed the accident.

However, she stated that the accident would be officially confirmed after receiving a briefing from her officers in the field.

 

Kano reporters

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