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NLC Absent As FG Meets With TUC Over Petrol Subsidy

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A federal government delegation is in a meeting with representatives of organised labour at the presidential villa, Abuja, over the removal of subsidy on petrol.

The Nigeria Labour Congress (NLC) didn’t make the meeting.

The meeting comes five days after a first meeting with the new government on the same issue, ended in a deadlock.

During his inauguration speech on May 29, President Bola Tinubu had said “petrol subsidy is gone”.

The president’s pronouncement immediately led to a resurfacing of long queues at gas stations and a hike in the pump price of the product across the country.

NLC President Joe Ajaero and his Trade Union Congress (TUC) counterpart, Festus Osifo, had told state house correspondents after the first meeting that government must return to the old price of petrol or workers will embark on a nationwide strike billed to commence next Wednesday.

Meanwhile, the National Union of Electricity Employees (NUEE) had in a memo dated June 2, and signed by its general secretary, Dominic Igwebike, also announced that its members will join the strike.

Federal government representatives at the last meeting included Dele Alake, spokesperson for the government’s delegation; group CEO of NNPCL Mele Kyari; governor of the Central Bank of Nigeria (CBN) Godwin Emefiele; and Adams Oshiomhole, former governor of Edo state.

Meanwhile, President Tinubu will also meet with APC senators-elect, house of reps members-elect, and APC national working committee (NWC) members today at 7:00pm, at the presidential villa.

Meeting Ongoing

The meeting between representatives of the TUC and federal government is ongoing.

Initiated by the federal government, the meeting began around 5 pm, with the consequences of petrol subsidy removal, on the agenda.

The federal government’s team is being led at the talks by secretary to the government of the federation (SGF) George Akume; governor of the Central Bank of Nigeria (CBN), Godwin Emefiele; the group chief executive officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari; and former governor of Edo state, Adams Oshiomhole.

Also in the meeting are the executive secretary of the national sugar development council (NSDC), Zacch Adedeji; executive vice president, downstream, of the NNPCL, Yemi Adetunji; former Lagos state commissioner for information and strategy, Dele Alake; James Faleke, among others.

On the TUC side are seven members led by the organisation’s president Osifo.

The NLC is absent at the meeting.

NLC President Ajaero had in a statement on May 31 titled: “That NNPCL pricing template is vexatious and an ambush: the dialogue is in danger”, said they will not continue with the dialogue unless the new price regime is withdrawn.

The NLC statement read as follows: “We are worried that the government through the NNPCL despite the ongoing meeting of stakeholders in the oil and gas sector to manage the unilateral but unfortunate announcement by the president to withdraw subsidy on petroleum products, went ahead this morning to announce a new regime of prices under a new pricing template.

“This is an ambush and runs against the spirit and principles of social dialogue which remains the best platform available for the resolution of all the issues arising out of the petroleum down-stream sector.

“Government cannot in one breath be talking about deregulation and at the same time fixing the prices of petroleum products. This negates the spirit of allowing the operation of the free market unless the government has as usual usurped, captured or become market forces.

“It is therefore unacceptable and we seriously condemn it. Good faith negotiation is key to reaching agreement. What the government has done is like holding a gun to the head of the Nigerian people and bringing undue pressure on the leaders thus undermining the dialogue.

“We call on the federal government to immediately instruct the NNPCL to withdraw this vexatious pricing template to allow free flow of discussions by the parties.”

 

Credit: The Cable

BIG STORY

NCC Unveils Initiative To Combat Fraud, Spam Messaging

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The Nigerian Communications Commission has unveiled a draft regulatory framework aimed at addressing fraud, spam, and other challenges in the “Application-to-Person” messaging sector.

The telecom regulator made this announcement in a statement on Friday.

The proposed framework was introduced during a virtual Stakeholders’ Forum, a key step towards enhancing the sector’s integrity and ensuring a fair, transparent environment for all parties involved.

The draft framework, presented by the acting Head of Legal and Regulatory Services at the NCC, Mrs. Chizua Whyte, on behalf of the Executive Vice Chairman, Dr. Aminu Maida, seeks to regulate the A2P messaging space.

A2P messaging, used for notifications such as bank alerts, promotional campaigns, and government updates, has become a vital communication tool in Nigeria.

However, the sector faces significant challenges, including consumer protection concerns, fraud, and data privacy issues, as well as an unequal distribution of value within the ecosystem.

“The international A2P messaging space in Nigeria faces gaps that have led to issues such as fraud, spam, and data privacy concerns. These challenges threaten the sustainable growth of this communication tool,” the NCC said.

The regulator emphasised its commitment to fostering innovation while ensuring a secure, transparent environment for businesses, consumers, and service providers.

The proposed framework aims to address these challenges by protecting consumers, promoting fair competition, and holding service providers accountable.

“This forum marks a pivotal step towards addressing these challenges,” the NCC said. “We are here to engage with all stakeholders—operators, aggregators, businesses, service providers, and consumers—to refine the framework and ensure it meets the needs of the entire ecosystem.”

The NCC stressed the importance of inclusivity and collaboration in creating an effective regulatory environment.

The commission’s efforts are focused on promoting a sustainable A2P messaging ecosystem that enables business innovation, enhances communication efficiency, and supports Nigeria’s socio-economic growth.

Stakeholders were encouraged to provide feedback and contribute ideas during the forum to help shape the final framework.

The NCC reiterated its commitment to creating a regulatory environment that supports innovation while safeguarding the interests of all stakeholders in the A2P messaging sector.

For further updates, the NCC urged stakeholders to remain engaged throughout the regulatory process, stressing the importance of cooperation in shaping the future of A2P messaging in Nigeria.

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JUST IN: Oil Marketers Reduce Petrol Price By 11.8% To N939.50 Per Litre

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Oil marketers sourcing “Premium Motor Spirit”, “PMS”, also known as petrol, from the Dangote Petroleum Refinery have reduced the price by 11.8 percent to N939.50 per litre, down from N1,060 per litre.

As of Thursday, December 19, petrol was still being sold at N1,060 per litre in Lagos and surrounding areas.

However, by Friday, MRS, a leading marketer, along with others, had adjusted their prices, now selling at N939.50 per litre.

It’s worth noting that the Dangote Petroleum Refinery had earlier lowered the ex-pump price of petrol to N899.50 per litre, down from N970 per litre.

According to the refinery, this price reduction is intended to offer much-needed relief to Nigerians ahead of the holiday season.

Anthony Chiejina, the Chief Branding and Communications Officer of Dangote Group, made this announcement.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on “PMS” (“petrol”). From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

‘‘Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”

 

More to come…

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BIG STORY

EFCC Allocates N18bn For Allowances, N5bn For Travels In Proposed 2025 Budget

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The Economic and Financial Crimes Commission (EFCC) has announced plans to allocate N18 billion for allowances in 2025.

This figure is part of the proposed 2025 budget currently under consideration and awaiting approval by the national assembly.

As per the appropriation bill, the EFCC’s total budget for 2025 stands at approximately N62.2 billion.

This budget includes personnel costs (N38.6 billion), overheads (N20.9 billion), and capital expenditure (N2.2 billion).

Within the allowance budget, N1.7 billion is designated for “non-regular allowances,” while “regular allowances” are set at N16.7 billion.

Other proposed expenditures for the EFCC include welfare packages (N1.4 billion), fuel and lubricants (N2 billion), financial charges (N1.2 billion), construction and provision of office buildings (N1.1 billion), and maintenance services (N2.1 billion).

The EFCC also plans to allocate N4.9 billion for “local travel and transport,” with “international travel and transport” expected to cost N1.7 billion.

The proposed budget includes N800 million for the purchase of fixed assets.

On Wednesday, President Bola Tinubu unveiled the N49.7 trillion 2025 “Budget of Restoration: Securing Peace and Rebuilding Prosperity.”

In his address to the national assembly, Tinubu stated that it was time “we rewrite Nigeria’s narrative together.”

The primary focus of next year’s budget will be the defence, infrastructure, health, and education sectors.

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