Here are the top stories you missed this week.
FG To Increase Fuel Price Next Month As Scarcity Persists – Kachikwu
In a bid to permanently put an end to the lingering fuel scarcity across the nation, the Federal Government of Nigeria has announced that Nigerians might have to pay more for petrol in the days ahead even as it would review the price of Premium Motor Spirit, PMS, also known as petrol, next month.
This disclosure was made by the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, during a visit to the Petroleum Products Pricing Regulatory Agency (PPPRA) in Abuja on Tuesday.
Read full story: FG To Increase Fuel Price Next Month As Scarcity Persists – Kachikwu
I Won’t Sign 2016 Budget Unless Critically Reviewed – Buhari Insists
President Muhammadu Buhari has on Thursday maintained that he would not sign the 2016 Appropriation Bill, passed into law by the National Assembly, last week, unless he critically reviewed it.
The President made this known at a meeting with the United States Secretary of State, John Kerry, in Washington DC.
According to him, following the controversial alteration and padding of the budget proposals, he needed to review the document to be certain that its contents tallied with the authentic budget proposal presented to the National Assembly.
Read full story: I Won’t Sign 2016 Budget Unless Critically Reviewed – Buhari Insists
PDP Responsible For Fuel Scarcity – Tinubu Tells Nigerians
The National Leader of the All Progressives Congress (APC), Senator Asiwaju Bola Tinubu, has urged angst-ridden Nigerians to hold the Peoples Democratic Party (PDP) responsible for the untold hardships being experienced as a result of the lingering fuel scarcity across the country.
Speaking to pressmen in Lagos on Saturday, Tinubu lamented that Nigerians are paying part of the sins of the 16-year rule of the PDP, through the lingering fuel crisis.
“We want to stay focused and redirect Nigeria. We want to reverse the decay of 16 years. We are hearing comments from the PDP left and right. We are saying we want to clear the mess they created. For 16 good years, the PDP destroyed the country. We should not be lamenting over petrol queues today if they had seen what was necessary and done what was necessary for this country.
Read full story: PDP Responsible For Fuel Scarcity – Tinubu Tells Nigerians
NLC Threatens Nationwide Strike Over Fuel Scarcity, Electricity Tariff Hike
The Nigerian Labour Congress (NLC) has threatened to embark on a one-day nationwide strike against the insistence by the federal government to go on with the electricity tariff hike, ongoing fuel scarcity and current economic hardship Nigerians are facing under President Muhammadu Buhari’s administration.
This was disclosed by the NLC President Ayuba Wabba while addressing newsmen during the Central Working Committee (CWC) meeting of the congress on Wednesday in Abuja.
According to Wabba, the planned action was aimed at getting the relevant authorities to reverse the 45 per cent tariff hike.
“Electricity has become an essential commodity, public utilities have since gone to the dogs, petroleum products have grown wings and vanished, compounding an already bad transport system, reducing Nigerians in all parts of the nation to compulsory trekkers.
4 Female Suicide Bombers On Mission Slaughtered In Borno [Extremely Graphic Photos]
Members of the Civilian JTF have on Friday morning averted a tragedy, thereby slaughtering four female suicide bombers, who were on a suicide mission at the outskirts of Maiduguri, the capital of Borno state.
The incident, it was learnt, occurred near Jimini village in Jere LGA area on the outskirts of Maiduguri this morning.
According to reports, some members of the CJTF on guard spotted four teenagers wandering freely and then called on them, ordering them to raise up their hands, but they all refused and kept heading towards the vigilantes who had no option other than to shoot them dead.
A member of the CJTF revealed that the teenagers wrapped improvised explosive devices around their bellies in an attempt to wreak havoc on Maiduguri.
Buhari To Sign $2bn Loan Deal With China
President Muhammadu Buhari will be travelling to China on Sunday to sign a loan infrastructure projects deal worth up to $2 billion to help fund the N3 trillion deficit in the 2016 budget.
While the exact figure for the loan has not yet been confirmed, sources are saying that it could be as high as $2bn, even as the Presidency and Chinese foreign affairs ministry have confirmed the visit.
“I can’t tell you how much until the day the loan will be signed. Both countries will also be signing some bilateral agreements to strengthen their relationship. That’s all I can say now,” the President’s Special Adviser on Media and Publicity, Mr Femi Adesina, said in an interview with Reuters.
The loan is expected to help kick-start Nigeria’s economy, which has been in a slump due to falling oil prices.
Read full story: Buhari To Sign $2bn Loan Deal With China