ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 17, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Investor Appeals To NLC For Restraint On Subsidy Removal

by Patrick Ochoga
2 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

An investor in the oil and gas industry and a chieftain of the All Progressives Congress (APC) in Edo State, Dr Joseph Ikpea, has called for caution on the part of  organised labour towards the removal of fuel subsidy by the federal government and called for support for President Bola Tinubu’s move to end the controversial initiative.

Ikpea in a statement made available to journalists in Benin City said there may not have been a better time to take that decision than now.

The 2024 Edo governorship hopeful said with time, what was experienced in the telecom industry when it was deregulated to allow private sector participation which he said had already commenced with the investment of Aliko Dangote in his recently commissioned refinery would be the same in the oil sector.

He said; “I can conveniently take a bet with anyone that this is going to be the same direction when  the oil and gas sector is liberalised and completely opened up to allow for more private sector players to come and invest, like the recent commissioning of Dangote multi-billion dollar refinery in Lagos.

Related News

Elumelu Cuts Short US Trip Over UBA Staff Killed In Afriland Towers Fire In Lagos

9 minutes ago

FIRS Loses 4 Senior Staff Members To Afriland Towers Fire In Lagos

22 minutes ago

“It is important for us to remember that the former administration had promised to make our refineries work within six months, but it was not achieved, because of the cabals’ interest in ensuring that the oil subsidy remains. But let it be known that our present president is an advanced national wealth creator and economic growth strategist whose style will profit the nation

“It is my candid view to appeal to the leadership of the Nigeria Labour Congress(NLC) and other stakeholders to take a critical look, not at the immediate hardship or displeasure the policy will cause but the long term positive effects on the economy and the people.

 

“I will want to also call on our dear president, Asiwaju Bola Ahmed Tinubu to, as a matter of urgency, constitute a powerful economic team that would study the possible effects of the subsidy removal, design a possible and implementable policy aimed at cushioning the effects of the withdrawal as well as also be in the know of the movement and usage of the saved subsidy.

 

 

Join Our WhatsApp Channel

SendShare10178Tweet6362Share

Other News Updates

News

Elumelu Cuts Short US Trip Over UBA Staff Killed In Afriland Towers Fire In Lagos

2025/09/17
News

FIRS Loses 4 Senior Staff Members To Afriland Towers Fire In Lagos

2025/09/17
News

‘Stop Blaming Tinubu, Hunger Has Always Been In Nigeria’, Bwala Fires Back At Atiku

2025/09/17
News

Oyo Government Denies Crude Oil Discovery Rumour

2025/09/17
Cover Stories

BREAKING: Tinubu Lifts State Of Emergency On Rivers, Restores Democratic Rule

2025/09/17
News

Fubara, Lawmakers Should Work Together For Rivers’ Good — Elders Council

2025/09/17
Leadership Conference advertisement

LATEST

Police Arrest 6 Suspected Illegal Miners In Niger

Elumelu Cuts Short US Trip Over UBA Staff Killed In Afriland Towers Fire In Lagos

FIRS Loses 4 Senior Staff Members To Afriland Towers Fire In Lagos

‘Stop Blaming Tinubu, Hunger Has Always Been In Nigeria’, Bwala Fires Back At Atiku

Oyo Government Denies Crude Oil Discovery Rumour

BREAKING: Tinubu Lifts State Of Emergency On Rivers, Restores Democratic Rule

Fubara, Lawmakers Should Work Together For Rivers’ Good — Elders Council

Italy’s Furlani Wins World Long Jump Gold In Tokyo

Akwa Ibom Clamps Down On Illegal Schools

Poor Diagnostic Capacity Driving Misdiagnosis Of Acute Fever In Nigeria – US CDC

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.