On Tuesday, the House of Representatives called on the Federal Government and the Academic Staff Union of Universities to immediately resume negotiations in order to settle the ongoing conflict that resulted in the union’s announcement of a two-week warning strike. Following the acceptance of a motion of urgent public significance made by Oluwaseun Whinghan, the member representing Lagos State’s Badagry Federal Constituency, during plenary, the House passed the resolution. Due to the Federal Government’s apparent inability to address long-standing issues, such as the implementation of the 2009 ASUU-FGN Agreement, revitalisation…
Day: October 15, 2025
Petrol Price Nears N1,000/litre: Marketers Blame Depots
Petroleum marketers have started to import fuel on their own as the commodity has approached the N1,000 per litre barrier in the nation’s major cities due to increasing supply issues and rising pump costs. Marketers claimed that new pressure on the downstream oil market was brought on by production issues and supply limitations at the Dangote Petroleum Refinery. In a phone interview with The PUNCH on Tuesday, Chinedu Ukadike, the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, verified the incident. In an attempt to stabilise retail…
