Business
Fuel Price Increase: NLC Threatens To Shut Down Nigeria
For the umpteenth time, the Nigeria Labour Congress (NLC) has warned the Federal Government against further increase in the pump price of fuel in the country and called on the Nigerian workers to prepare for total war against the fuel price hike.
The organised labour insisted that workers and masses would not accept any further increase in the pump price of fuel in the name of subsidy removal.
The NLC President, Comrade Ayuba Wabba, gave the warning in a New Year message to workers.
He also named Zamfara, Taraba, Benue, Kogi, Cross River, Abia and Imo states as seven states yet to implement the N30,000 minimum wage that took effect on April 18, 2019.
In the message titled “The Year 2022 Felicitations: Keeping Our Hopes And Aspirations Alive In The New Year”, NLC directed the affected states to commence indefinite strikes to force the respective state governments to implement the new wage.
NLC, in a 9-page statement, said the government was not relenting in its determination to push through further increases in the pump price of petrol in the name of “removal of petrol subsidy”.
It said, “We have told the government in very clear terms that Nigerians have suffered enough and will not endure more punishment by way of further petrol and electricity price increases.
“Our position in this regard is predicated on four major grounds. First is our concern on the deceit and duplicity associated with the politics of ‘petrol price increase’ by successive Nigerian governments. The truth is that the perennial increase by the government in the pump price of petrol is actually a transfer of government failure and inability to effectively govern to the poor masses of our country.
“We are talking of the failure of government to manage Nigeria’s four oil refineries and inability to build new ones more than thirty years after the last petrochemical refinery in Port Harcourt was commissioned; the failure to rein in smuggling; and the failure to determine empirically the quantity of petrol consumed in Nigeria.
“The shame takes a gory dimension with the fact that Nigeria is the only OPEC country that cannot refine her own crude oil.
“During the negotiations that trailed the last increase in petroleum prices, Organized Labour made a cardinal demand on government which is that it must take immediate steps to revamp and rehabilitate Nigeria’s refineries.
“A Technical Committee was set up to monitor progress in this regard. As we all know, the work of the Technical Committee, like our abandoned public refineries, has ground to a halt and further negotiations with the government adjourned sine die for nearly one year now.
“As a responsible social partner, we have at different times called on the government to show us what they are doing in response to our demands but silence is the response we get”.
By: Boye Salau
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
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