SHOCKING!! Buhari to remove oil subsidy

President Muhammadu Buhari plans to totally remove fuel subsidy and use the proceeds for the provision of free and compulsory primary/secondary education across the country.

The administration is also said to be working on unbundling the Nigerian National Petroleum Corporation, NNPC, to make it more efficient in the production and delivery of products to Nigerians.

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NNPC slashes Nigeria’s crude oil prices over supply glut

The Nigerian National Petroleum Corporation, NNPC, weekend, reduced the prices of Nigeria’s crude oil grades — Bonny Light and Qua Iboe — to their lowest points in over a decade.

The decline, according to reports, was due to declining demand for the country’s crude oil in the international market. The action, according to oil traders, was engendered by the need for the country to join in the fight for market share.nnpc

Specifically, the NNPC in a statement, weekend, said it will sell July supplies of Bonny Light crude at 23 cents more than Dated Brent. This, according to oil trading sources, was the smallest differential since 2005 and compares with a 50 cent premium in June and $2.55 a year earlier.

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UNPAID SALARIES: Buhari meets governors tomorrow

Following an appeal by the 36 state governors seeking President Muhammadu Buhari’s intervention over the inability of some states to pay workers’ salaries, the President has agreed to meet with governors tomorrow.

This is just as the Nigerian Guild of Editors, NGE, has advised affected states to explore available avenues to alleviate the plights of the workers.

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Atiku denies betraying Buhari’s political interests

Former Vice President Atiku Abubakar, yesterday, denied ever betraying the political interests of President Muhammadu Buhari even as he vowed to steadfastly remain loyal to him.

The former vice president made the claim against the backdrop of insinuations that Atiku collaborated with Senate President Bukola Saraki to undermine the interest of the All Progressives Congress, APC, in the National Assembly leadership elections.

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Amaechi strike Wike - called his administration sham, a fraudulent witch-hunt meant to deceive the public.

Wike’s probe a fraudulent witch-hunt, says Amaechi

The immediate past Governor of Rivers State, Rt. Hon. Chibuike Rotimi Amaechi has described the so-called probe of his administration by his successor Nyesom Wike, as a sham, a fraudulent witch-hunt meant to deceive the public.

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Wike sacks Rivers Radio GM, appoints...

Wike sacks Rivers Radio GM, appoints ex-SilverBird Mgr

Rivers state governor, Nyesom Wike has ordered the immediate sack of the General Manager of Rivers State Broadcasting Corporation, Ms Mediline Tador.

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