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| President Of Nigeria Bola Ahmed Tinubu |
Cut Subsidies: Tinubu Orders The Economic Council to Work on Palliatives Measures
To lessen the impact of eliminating subsidies on Nigerians, President Bola Tinubu has ordered the The NEC, led by Vice President Kashim Shettima, began distributing aid..
Tinubu gave the order during a meeting with several major oil marketers led by State Governor Ogun Dapo Abiodun at the State House in Abuja on Wednesday.
Tinubu announced the end of fuel subsidies in his inaugural speech on May 29 at Eagle Square in Abuja.
Nigerian National Petroleum Company Limited adjusted pump prices after the announcement.
In response to these developments, Organized Labor Unions decided to launch a nationwide strike early Wednesday but postponed it after a meeting with the federal government late Monday.
Traders supported the President's decision, increasing FAAC accounts for states..
The dealer group will donate 50 to 100 50-seat natural gas powered buses, costing N100 million and N10 billion, to help over the next 30 days..
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