Vehicles on fuel queue

NIGERIA Union of Petroleum and Natural Gas Workers, NUPENG, has advised the Federal Government not to succumb to pressure from some groups to increase the pump price of petrol. Alhaji Tokunbo Korodo, the South-West Chairman of the union, gave the advice in an interview with the News Agency of Nigeria, NAN, on Tuesday in Lagos. Korodo said that there was pressure on the government to increase the pump price of petrol from some groups. He said that any increase in the price of petrol at this time would be resisted by the labour unions. According to him, any adjustment of the pump price will give the current administration a bad name with the challenges Nigerians are facing. He urged government to fix the economic challenges by selling off its unviable assets, adding that the masses were going through rough times. NNPC on Monday debunked rumours of plan to increase the pump price of petrol. Mr. Garba Deen Muhammad, Group General Manager, Public Affairs Division of NNPC, said the corporation was not empowered to increase prices of fuel. NAN recalls that the forum of former Group Managing Directors of the NNPC on September 5, called for removal of price cap in the petrol pricing template. Kebbi Govt. targets N14bn IGR Kebbi State Government says Tuesday that it has worked out measure to achieve a N14 billion Internally Generated Revenue, IGR, in 2017. The state Commissioner for Budget and Economic Planning, Alhaji Zailani Muhammad, stated this at an interactive session with officials of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, in Birnin Kebbi. The News Agency of Nigeria, NAN, reports that the commissioner met with the officials of RMAFC and other stakeholders to find ways to improve the IGR of the state from N4 billion to N14 billion in 2017. “The session came at a time the state is facing economic challenges and is seeking ways to diversify the economy and boost revenue generation in the state,” he said. According to him, the state is blessed with solid minerals like Manganis and Kaoline in Fakai, Danko/Wasagu, Yauri and Bagudo; Iron Ore and clay in Suru while Koko/Besse has Amber Ore and clay. He said: “If these are properly harnessed, plus agricultural potentials, the state will overcome its economic challenges.” Earlier, an official of the RMAFC, Mr. Ken Kayama, said they were in the state to monitor the progress of the mining sector in the state. “Considering the falling price of the oil and the vandalism of oil installations by the Niger Delta militants, we are discouraging the states from depending on the federation allocation. These activities are decreasing the states federation allocation,” he said. Also speaking, the state Chairman of the Board of Internal Revenue, Alhaji Muhammad Dan’ige, assured the participants at the session of the state’s readiness to implement the various recommendations from them.


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