• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 3, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Fuel Subsidy: Shelving Strike Was Right Decision, Oodua Group Tells Labour

by Sivowaku Abiodun
2 years ago
in Politics
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

A group, under the aegis of Coalition of Oodua Self Determination Group (COSEG), has hailed the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) for calling off the planned strike, saying the decision was a step in the right direction.

The self-determination groups comprising Oodua Youth Movement (OYM); Oodua People’s Congress (OPC); Oodua People’s Congress Reform; Oodua People’s Congress New Era, Women Group, South-West and the Agbekoya group also said no part of the South-West shall be available for any fuel-subsidy unrest.

Speaking in a press conference in Lagos, on behalf of the group, Com. Rasaq Olokooba said the new government led by President Bola Tinubu needs the support of everybody in building the economy and commonwealth of Nigeria.

According to him,’’ In the year 2023, the country has budgeted N11 trillion of its oil revenue on subsidizing petrol alone and this cannot continue as this is good money going down the drain with little or nothing to show for it.

RELATED

Supreme Court Decides Kalu’s Fate Today

Supreme Court Reserves Judgement In Edo Guber Election Appeal

5 hours ago
Ex-APC National Sec, Akpanudoedehe, Quits Party

Ex-National Scribe Quits NNPP, May Return To APC

24 hours ago

“Nigeria’s daily petrol consumption is said to be 66.8 million litres which cost the government about N40.1 billion every single day and N1.243 trillion every month, in a country which its economy depends on 90 per cent on petroleum exports for its revenue as the government continues to spend above N600 as subsidy on every litre of fuel consumed in Nigeria.

Olokooba stated that the huge amount can be channelled into solving our several deficits including infrastructure, housing, education, healthcare and general upgrading the quality of life for Nigerians.

 

 

‘’We should take a cue from the telecommunications industry even though the price of fuel appears to be on the high side today due to deregulation, the situation can only be temporary. In the telecommunications market,  people bought SIM cards for as much as N50,0000 but in the face of stiff competition within the industry, today SIM cards cost no more than N150 and are sometimes free.’’


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Delta: Don’t Neglect Oil-producing Areas, Community Leader Tells Gov Oborevwori

Next Post

Subsidy Removal Solution To Fuel Smuggling To Neighbouring Countries – Arewa Group

Sivowaku Abiodun

Sivowaku Abiodun

You May Like

Supreme Court Decides Kalu’s Fate Today
Politics

Supreme Court Reserves Judgement In Edo Guber Election Appeal

2025/07/03
Ex-APC National Sec, Akpanudoedehe, Quits Party
Politics

Ex-National Scribe Quits NNPP, May Return To APC

2025/07/02
amaechi
Politics

2027: Amaechi’s Political Adversaries Jittery – APC Chieftain

2025/07/02
Confusion Over Nasarawa APC Chairman’s Suspension
Politics

Confusion Over Nasarawa APC Chairman’s Suspension

2025/07/02
Lottery Generated N200bn Revenue In 2023 – Speaker Abbas
Politics

Support Gender Bills, Speaker Abbas Tells Muslim Women

2025/07/02
Northern Groups To Tinubu: Don’t Grant Kanu Pardon
Politics

2027: Kanu’s Ordeal Will Determine APC Fate In South East – Forum

2025/07/02
Leadership Conference advertisement

LATEST

WDCL, Rolon Seals Firm To Drive Investment, Innovation In Africa’s Energy Sector

Wimbledon: Sabalenka, Keys Advance To 3 Round

I’ll Ensure Club World Cup Never Hold Again – La Liga President

Djokovic Thanks ‘Miracle Pills’ After Wimbledon Win

Transfer: Eberechi Eze Sets For Arsenal Move

I Would Like To Play With Williams At Barca – Torres

Juventus Denies Interest In Osimhen Amid Transfer Speculation

NFF Names 16 Referees For NNL Super 8 Playoffs

Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

2026 C’wealth Games: Tinubu Receives King’s Baton, Vows To Unite Nigerians Through Sports

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.