Fuel subsidy removal: Airtime’s new competition is fuel says Afena Capital

Given Nigeria’s recent fuel subsidy removal, airtime’s new competition is fuel says Afena Capital as mobile-phone operator MTN Group posted their biggest two-day decline since January 2009 following the Nigerian Government’s fuel subsidy removal. As fuel subsidies are cut, consumers face the tough choice of either buying airtime or fuel the investment firm asserts. “People […]

Fuel subsidy removal: Chinua Achebe, E.C. Osondu, others write President Jonathan on fuel subsidy removal

The statement below was recently written and signed by Chinua Achebe, E.C. Osondu and 36 others on the issue of fuel subsidy removal in Nigeria. Read the statement and share your thoughts. ———————————— We are troubled by the turn of events in Nigeria, and hereby call on President Goodluck Jonathan and the rest of the […]

Fuel subsidy removal in Nigeria: President Goodluck Jonathan’s speech on fuel subsidy removal [Transcript]

President Goodluck Jonathan’s speech on fuel subsidy removal; [Transcript] Dear Compatriots, A week ago, I had cause to address Nigerians on the security challenges we are facing in parts of the country, which necessitated the declaration of a state of emergency in 15 Local Government Areas in four states of the Federation. That course of […]

Occupy Nigeria: Health Guide – How to stay safe as you protest/Occupy Nigeria

#OccupyNigeria: Health Guide To Safe Protests By Paul Adepoju (adepojupaul@gmail.com) Without gainsaying, the need for a safer protocol when it comes to civil unrests, strikes and protests cannot be overemphasized especially at a time when there is so much tension in the nation. With numerous trigger-happy security officers and insecurity instances around us, Nigerians need […]

Fuel subsidy: State House Press Release: Jonathan appoints Kolade to head subsidy reinvestment board

STATE HOUSE PRESS RELEASE: PRESIDENT JONATHAN APPOINTS KOLADE TO HEAD SUBSIDY REINVESTMENT BOARD/ BELGORE, AMAECHI, OSHIOMHOLE, OTHERS IN COMMITTEE TO DIALOGUE WITH ORGANISED LABOUR, CIVIL SOCIETY, STAKEHOLDERS President Goodluck Ebele Jonathan has set up a high-powered committee headed by a former Chief Justice of Nigeria, Justice Alfa Belgore to meet with organized labour and all other […]

Fuel subsidy removal: We ‘ll stand by the masses -Rep

According to the Punch, members of the Nigerian House of Representatives described the policy on removal of fuel subsidy as “premature” insisting that “sources other than revenue from subsidy” should be explored to finance the budget. In addition, Deputy Minority Leader, House of Representatives, Mr. Suleiman Abdurahman-Kawu described Nigeria’s fuel subsidy removal “another form of […]