• Home
  • About Us
  • Contact
Sunday, April 5, 2026
News On Spot
  • Home
  • News
    Public Holidays

    FG Declares April 3 and 6 Public Holidays for Easter 2026…

    Adebayo Adelabu

    UPDATE: Adelabu Denies Resignation Rumours, Insists He Remains Power Minister…

    Adebayo Adelabu

    Power Outages: Minister Adebayo Adelabu Apologises, Promises Improved Electricity Supply Within Weeks…

    Tunji Disu

    IGP Tunji Disu Disbands Tactical Units Nationwide in Push for Police Reform…

    Public Holidays

    FG Declares March 19–20 Public Holidays for Eid-el-Fitr Celebration…

    Monthly Environmental Sanitation Exercise

    Lagos Reintroduces Monthly Environmental Sanitation Exercise to Promote Cleaner Communities…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    AI/VR

    AI/VR Guild, AMP Partner for Prompt Storytelling Workshop…

    Abiodun Ayoyinka

    Abiodun Ayoyinka Rebrands as Bondu Alaska Amid Trademark Dispute…

    Chuck Norris

    Hollywood Icon Chuck Norris Dies at 86, Leaves Legacy of Strength and Discipline…

    JaceBen

    JaceBen Builds Global Momentum with Emotional New Single “With You” Featuring CiCeLy…

    Mercy Johnson-Okojie

    Mercy Johnson-Okojie Accepts Appointment as Edo Governor’s Special Adviser…

    Egbuson

    Photos: Dakore Akande and Timini Egbuson Lay Father to Rest in Private Ceremony…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Priscilla Ojo

    Priscilla Ojo Clarifies Rumours About Juma Jux’s Store Amid Tanzania Election Unrest…

    Gates

    Inside the Gates Legacy: Bill and Melinda Gates Teach Their Children Wealth With Purpose, Not Inheritance…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    Public Holidays

    FG Declares April 3 and 6 Public Holidays for Easter 2026…

    Adebayo Adelabu

    UPDATE: Adelabu Denies Resignation Rumours, Insists He Remains Power Minister…

    Adebayo Adelabu

    Power Outages: Minister Adebayo Adelabu Apologises, Promises Improved Electricity Supply Within Weeks…

    Tunji Disu

    IGP Tunji Disu Disbands Tactical Units Nationwide in Push for Police Reform…

    Public Holidays

    FG Declares March 19–20 Public Holidays for Eid-el-Fitr Celebration…

    Monthly Environmental Sanitation Exercise

    Lagos Reintroduces Monthly Environmental Sanitation Exercise to Promote Cleaner Communities…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    AI/VR

    AI/VR Guild, AMP Partner for Prompt Storytelling Workshop…

    Abiodun Ayoyinka

    Abiodun Ayoyinka Rebrands as Bondu Alaska Amid Trademark Dispute…

    Chuck Norris

    Hollywood Icon Chuck Norris Dies at 86, Leaves Legacy of Strength and Discipline…

    JaceBen

    JaceBen Builds Global Momentum with Emotional New Single “With You” Featuring CiCeLy…

    Mercy Johnson-Okojie

    Mercy Johnson-Okojie Accepts Appointment as Edo Governor’s Special Adviser…

    Egbuson

    Photos: Dakore Akande and Timini Egbuson Lay Father to Rest in Private Ceremony…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Priscilla Ojo

    Priscilla Ojo Clarifies Rumours About Juma Jux’s Store Amid Tanzania Election Unrest…

    Gates

    Inside the Gates Legacy: Bill and Melinda Gates Teach Their Children Wealth With Purpose, Not Inheritance…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
News On Spot
No Result
View All Result
Home Local News

“Timing of the increase in the petroleum and power sectors was a necessary coincidence” – FG…

newsonspotadmin by newsonspotadmin
September 27, 2020
in Local News
Reading Time: 2 mins read
0

“Timing of the increase in the petroleum and power sectors was a necessary coincidence” – FG…

The Labour Union has been appealed to by the Nigerian government on Saturday to suspend its planned nationwide strike over the increase in petrol price and electricity tariff.

The government and the organised labour, Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), failed to reach an agreement on Thursday over the increase in petrol price and electricity tariffs in the country, Newsonspot.com.ng recalls.

Minister of Information and Culture, Lai Mohammed on Saturday said the timing of the increase in the petroleum and power sectors was a necessary coincidence and not a plan by the government to increase the current economic realities of Nigerians.

Lai Mohammed, addressing online publishers in Lagos. asked Nigerians to bear with the government at such a time, adding that more prosperous years are ahead.

He mentioned that the deregulation of the petroleum sector will save the country trillions of Naira, which will then be used to provide modern infrastructures for the benefit of Nigerians.
He said: “We wish to appeal to organize labour to shelve its planned strike, which can only bring more hardship to ordinary Nigerians.

“The timing of these two necessary adjustments, has raised some concerns among Nigerians and reinforced the false narrative that the government is insensitive to the plight of the citizens. This is a mere coincidence. First, the deregulation of PMS prices was announced on 18 March 2020, and the price modulation that took place at the beginning of this month was just part of the on-going monthly adjustments to global crude oil prices.

“Also, the review of service-based electricity tariffs was scheduled to start at the beginning of July 2020 but was put on hold so that further studies and proper arrangements can be made. Like Mr. President said at the opening of the last Ministerial Retreat, this government is not insensitive to the current economic difficulties our people are going through and the very tough economic situation we face as a nation.

We certainly will not inflict hardship on our people. But we are convinced that if we stay focused on our plans, brighter and more prosperous days will come soon.

ShareTweetShare
Previous Post

Sterling Bank leads with use of green bags nationwide…

Next Post

Proposed NLC, TUC Strike: Meeting Between Gbajabiamila, Osinbajo, SGF Mustapha…

newsonspotadmin

newsonspotadmin

Related Posts

Olumuyiwa Adejobi
Local News

FPRO Adejobi: You Have No Right To Respond If A Policeman Slaps You…

September 19, 2022
Rev. Ogbuchukwu Lotanna
Local News

Anglican Priest Resigns, Begins Support For Polygamy…

September 10, 2022
Local News

After His Wife Delivered 4 Babies At Once, ‘Runaway’ father Finally Speaks Up…

January 6, 2021
Local News

Woman with 5 kids gives birth to quadruplets, husband absconds (Photos)…

January 6, 2021
Local News

FCMB DNA Scandal: “I’m Innocent”, Late Tunde’s Wife Finally Breaks Silence…

January 4, 2021
Crime

Ogun hospital, doctor, nurses, patients attacked by suspected armed robbers…

January 1, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
ST Team

ST Team Hosts Maiden Business Banquet, Unveils AI-Driven Investment Vision…

February 3, 2025
Uber

Uber Driver Drops Passengers Off At The Airport, Returns Back To Rob Their Home…

September 27, 2022
Lagos State Governor-Sanwo-Olu

Lagos Govt Declares 4-day Public Holiday…

January 19, 2023
Airline

Another Anambra Billionaire Set To Unveil New Airline…

May 17, 2024

Bill Gates steps down from Microsoft board to focus on philanthropy

0

Overlooked No More: Ni Gusti Ayu Raka Rasmi, Balinese Dancer

0

Nigeria vs Sierra Leone, other AFCON 2019 qualifiers cancelled

0

Osinbajo‘s convoy involved in accident, VP loses police outrider

0
Union Bank

Union Bank Looted: How Former Directors Gambled with Billions and Nearly Destroyed a National Bank…

April 4, 2026
GTCO

GTCO Launches Take on Squad Hackathon 3.0 to Drive Tech Innovation…

April 3, 2026
Fidelity Bank

Fidelity Bank Partners Aircraft Finance Germany to Grow African Aviation Industry…

April 3, 2026
Truecaller

Truecaller Crosses 500 Million Users: Sets a New Global Standard for Trusted Communication…

April 2, 2026

Recent News

Union Bank

Union Bank Looted: How Former Directors Gambled with Billions and Nearly Destroyed a National Bank…

April 4, 2026
GTCO

GTCO Launches Take on Squad Hackathon 3.0 to Drive Tech Innovation…

April 3, 2026
Fidelity Bank

Fidelity Bank Partners Aircraft Finance Germany to Grow African Aviation Industry…

April 3, 2026
Truecaller

Truecaller Crosses 500 Million Users: Sets a New Global Standard for Trusted Communication…

April 2, 2026
News On Spot Logo

Browse by Category

Archives

  • Home
  • About Us
  • Contact

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Home
  • About Us
  • Contact
  • Entertainment
  • Politics
  • Business
  • Health
  • Sports
  • World
  • https://newsonspot.com.ng/2024/05/21/ou-acheter-celexa-en-france/
  • https://newsonspot.com.ng/2024/09/04/court-orders-remand-of-whistleblower-pidom-in-kuje-prison/
  • https://newsonspot.com.ng/2024/08/28/first-lady-calls-for-stiffer-laws-and-punishment-for-perpetrators-of-gbv-and-related-offences/
  • https://newsonspot.com.ng/2024/04/09/zenith-bank-grows-total-assets-to-n20-4bn-offers-n3-50-final-dividend/
  • https://newsonspot.com.ng/2024/06/23/dangote-accuses-iocs-of-plotting-for-our-oil-refinery-to-fail/