Business
Fuel subsidy: NLC, Affiliates Disagrees over Suspension of Strike

The ongoing controversy over the removal of fuel subsidy appears to have caused a heavy crack within the fold of the labour unions in the country, especially the Nigeria Labour Congress, NLC.
Ohibaba.com had reported earlier that the union had earlier announced that it would commence an industrial action effective today, (Wednesday) June 7.
However, after a meeting with the Federal Government, the NLC leadership called off the strike.
The Trade Union Congress, TUC, was the first to toe that line after a similar meeting with the FG, with the NLC absent during the earlier dialogue.
The development has not gone down well with the state chapters of the unions who feel they were not carried along before their leaders reached the agreement with the Federal Government.
The Speaker of the House of Representatives, Femi Gbajabiamila, who led the government delegation, disclosed the resolutions reached with the labour unions after a meeting at the Aso Villa.
According to him, the Federal Government, the TUC and the NLC would establish a joint committee to review the proposal for any wage increase or award and establish a framework and timeline for implementation.
“The Federal Government, the TUC and the NLC would review the World Bank Financed Cash transfer scheme and propose the inclusion of low-income earners in the programme”, the communique reads in part.
A chairman of the NLC in one of the states said their members were not happy with the hasty withdrawal of the industrial action without the Federal Government shifting ground on the main issue.
He spoke after the NLC convened a National Executive Committee, NEC, meeting on Tuesday, to inform their members of the latest development.
The State chairman, who was not pleased with the outcome of the meeting said: “It was a one agenda meeting to brief us on their resolution with the federal government.
“You have seen the communique the national body signed; they have confirmed to us they were part of it. All those things stated therein were the issues they raised before the federal government.
“So we will set up a technical committee that will look at them and come up with a lasting solution, so to speak, that will help to assuage the sufferings of the people with regard to the removal of the fuel subsidy.
“There was nothing much. We were briefed and they informed us that they were part of those items in the communique; that it was their agreement.
“For me and some others also, I expected a situation where the new price regime would have been suspended. The issues that were raised should hold sway but they have to suspend the price regime while this discussion goes on.
“That would have made them to hasten the discussion and come up with a workable agreement. Thereafter, the new price regime can now come in.
“But since they have decided to put the horse before the cart, then let it be. That’s just the resolution as contained in that document. They are meeting on June 19th, it’s on that day that the technical committee will take off.
“Of course, it has to be as soon as possible. It’s not going to be an indefinite thing.”
Recall that the NLC had last Friday directed its members and affiliates to begin nationwide protest and withdrawal of services from Wednesday (today) if the federal government fails to compel the Nigerian National Petroleum Corporation Limited, NNPCL, to reverse the petrol pump price increase.
On Wednesday last week, the NNPCL announced a new fuel price template nationwide. The effect saw fuel pump prices increase from N197 per litre to over N500 nationwide.
The development followed President Bola Tinubu’s inaugural speech announcing the removal of fuel subsidy.
Tinubu had promised he would stop the controversial scheme if elected president.
He spoke before the February 25 election at a business luncheon with business owners titled: “Business Forward” in Lagos, where he hinted that, no matter how long people protest, it would not stop him from removing fuel subsidies.
He maintained that Nigeria would not continue to subsidise fuel consumption in neighbouring countries.
“How can we subsidise the fuel consumption of Cameroon, Niger, and the Benin Republic. No matter how long you protest, we are going to remove the subsidy,” he said.
Although former President Muhammadu Buhari’s government had announced the subsidy policy would end by June when the budget for the initiative would expire, Tinubu bears the brunt of its implementation.
Prior to the announcement of the suspension of the strike, the Federal Government had approached the National Industrial Court in Abuja seeking an interim order restraining the NLC and the TUC from going on strike as planned, pending the determination of the motion on notice.
Ohibaba.com had reported that the National Industrial Court granted the FG’s application and ordered the Labour unions not to strike.
The FG had submitted that the proposed strike could disrupt economic activities, the health sector and the educational sector.
They also claimed that the strike may gravely affect the larger society and the well-being of the nation at large.
Meanwhile, the TUC has demanded that the “minimum wage should be increased from the current N30,000 to N200,000 before the end of June 2023, with consequential adjustment on the cost of feeding allowance, like feeding, transport, and housing”.
While addressing journalists on Monday, the union’s President, Mr Festus Osifo, and General Secretary, Mr Nuhu Toro called for the immediate implementation of the demands, including a Tax holiday for government and private sector employees earning less than N200,000 or 500USD monthly.
TUC also asked that “A representative of state governors would be a party to any negotiation and must commit to implementing the new minimum wage.”
They also called for introducing PMS Allowance for workers that earn between N200,000 to N500,000 or 500USD to 1,200USD.
The NLC said the authorities should have listened to the poor masses before removing the fuel subsidy.
Prof Oguguo Egwu, the Ebonyi State chairman of the Congress, made the remark in an interview with the News Agency of Nigeria, NAN, on Monday in Abakaliki.
“The increase has led to the suffering of the masses. Imagine paying N550 per litre of fuel in Ebonyi here. Go back to the status quo and let us have room for negotiation. There is a need to listen to the poor.
“The federal government can do it without inflicting injury on citizens. Make sure that the people are not suffering. Have the interest of the masses at heart and not cause injury to them,” Egwu said.
On his part, the Enugu State chairman of the NLC, Comrade Barrister Fabian Nwigbo, said the national body of the NLC would be meeting by 2 pm on Tuesday (yesterday) to deliberate on the communique reached with the federal government.
Nwigbo lamented that the action being taken by the Federal Government, including its meeting with the NLC, is belated because people are already suffering.
He stated that the government should have put in place measures and palliatives to cushion the effect of the new policy.
”The national body has just invited us for a meeting at 2 pm today (Tuesday), and I think it is in line with that information on social media. So we, all of us in different States, have been discussing on our platform, waiting for that meeting to know whether that was what happened in that meeting, and then the way forward.
”But for now, we have not been properly briefed. I only got a message this morning inviting me to a virtual meeting by 2 pm. at the national office.
“So the practice is that since we had our emergency NEC last Friday, we were told not to do anything other than issues raised and agreed upon during that meeting, one may not comfortably discuss those items in that communique without hearing from the national.
”I cannot say exactly whether they (States) are carried along because I don’t have that privilege of that information. However, it is normal for state governments to wait and decide from agreements between labour or critical stakeholders and the federal government.
“So states will not come out now to say, remove fuel subsidy or don’t remove fuel subsidy, or we will do this or do that. They are waiting for that to be concluded at the national level. And after that decision, they will be given direction on what to do.
“I am aware that the presidency is saying that it has discussed with the Governors and that discussion will continue regarding what should be the palliatives that will help cushion the effect of this fuel subsidy removal.
“But to me, those things are belated. If you want to remove fuel subsidies, after removing them, you start talking about how to improve things for people; it is belated.
“Ordinarily, even with the communique that is coming now, issues ought to have been discussed and the communique in place before he removed the fuel subsidy.
”What I am saying in effect is that whatever they are doing now, even the meeting between the NLC and government representatives, for me, it’s belated; people are already suffering.
“And you know, in Nigeria, once the commodities prices have already stepped up, they can never come down, no matter what you decide. But there is nothing we can do; we will continue.
“If we succeed in our actions by his grace, the government may decide to put in our agreement certain things that may help people survive this harsh condition that the federal government has put everybody into.”
However, the Director-General of Michael Imoudu National Institute for Labour Studies, MINILS, Ilorin, Comrade Issa Aremu, hailed the ongoing dialogue between FG and the Labour union.
Comrade Aremu said the current policy debate is good for national development, adding that what is needed is to “work out win-win options” for the downstream petroleum sector in particular and Nigeria as a whole.
He expressed optimism that through the exchange of facts, negotiations and compromises, both the government and labour would find common ground for the inevitable reform of the downstream petroleum sector, which he said the sector unions, namely PENGASSAN and NUPENG, have been pushing for years.
“Neither policy reversal nor mass protest is an option, but genuine negotiation and social dialogue would make the deregulation policy a reality without compromising the welfare of the citizens with respect to welfare and securing jobs,” he said.
Comrade Aremu commended the initiative of President Bola Tinubu for meeting with labour leaders, which he described as “not only labour friendly but a leader that is accessible and open to engagement”.
He challenged labour and civil society to reciprocate the presidential gesture with creative options to protect public and private jobs.
Meanwhile, the NLC says it has rejected the ruling of the National Industrial Court, NIC, favouring the Federal Government against the interest of the masses and workers in the country.
Mr Joe Ajaero, NLC President said this in a communique jointly signed with Mr Emmanuel Ugboaja, General Secretary of the Congress at the end of an emergency National Executive Council, NEC, meeting on Tuesday in Abuja.
It said that the NEC meeting was called to discuss the outcome of the dialogue between the NLC and the Federal Government on the petroleum product price hike.
The NLC said the NEC in session resolved that there was a need to show the government that it was important to comply with laid down laws and court rulings.
“Especially as it concerns obedience to the rulings of the Courts and their brazen disregard to the 2023 Appropriation Act.
“To therefore support and accept the decision of the leadership of Congress to suspend the proposed strike action in compliance with the flawed rulings of the NIC.
“Also to allow negotiations to flow freely and enable final agreement during or after the 19th June, 2023, negotiation round with the federal government.
“To however register in strongest terms its disgust and disapproval with the ruling of the NIC for its continuous weaponization of the instrument of Exparte injunction in favour of the government.
“That it is against the interests of Nigerian workers in defiance of the position of the Supreme Court on the use of this instrument,” the communique read.
Congress further stated that all Affiliates and State Councils of Congress are hereby directed to suspend further action and mobilisation until the outcome of the final negotiations.
The communiqué commended all Affiliates and State Councils on their robust mobilisation towards a successful nationwide strike and to also remain vigilant in case there is a need to continue.
Business
BREAKING: NNPC announces plans to shutdown Port Harcourt refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a scheduled maintenance shutdown of the Port Harcourt Refining Company (PHRC).
According to NNPC, the shutdown is set to begin on May 24, 2025.
In a statement released today by the Chief Corporate Communications Officer, Femi Soneye, the NNPC said the shutdown is part of a planned maintenance and sustainability assessment aimed at ensuring optimal performance of the facility.
The statement reads: “The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to inform the general public that the Port Harcourt Refining Company (PHRC) will undergo a planned maintenance shutdown.
“This scheduled maintenance and sustainability assessment will commence on May 24,2025.
“We are working closely with all relevant stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), to ensure the maintenance and assessment activities are carried out efficiently and transparently.
“NNPC Ltd remains steadfast in its commitment to delivering sustainable energy security.
”The company added that further updates will be provided regularly through official channels, including its website, media platforms, and public statements.
Business
FG vows to sanction airlines bringing passengers into Nigeria without valid visas

The Federal Government has threatened that any airline caught airlifting passengers into Nigeria without a valid entry visa, Landing, and Exit cards would be sanctioned.
The Minister of Interior, Olubunmi Tunji-Ojo, stated this during a stakeholders’ engagement programme on the implementation of the E-Visa, Landing and Exit Cards on Friday in Lagos.
The Minister, who was emphatic on the Federal Government’s resolutions, vehemently said that Nigeria is not a dumping ground and that no foreigner should be allowed entry without a visa.
He added that although Nigeria was making entry more accessible with the introduction of the E-Visa, but the country would not compromise on national security.
He urged the Nigeria Civil Aviation Authority on the enlightenment and enforcement of its oversight function as a regulator to ensure that airlines adhere to the 2025 Nigeria Visa Policy.
Tunji-Ojo further tasked airlines on national security, stating that the E-Visa was of national interest to improve border security, tourism, and sustainable economic growth.
He said, “I plead with the NCAA to regulate, that is why this meeting is a strategic collaborative effort of the ministry, the Nigeria Immigration Service, and the NCAA. I can see the DG of the NCAA on seat and that is what is called collaboration.
“For the airlines, I know you are here to do business but you also have a responsibility in terms of national interest and security. Before anybody comes to Nigeria, please see their Visas, not a proof of payment or their tickets.
“It is not acceptable in the UK, US, Canada, and other climes, and it will not be acceptable in Nigeria anymore,” he added.
Speaking on the ease of applying for the E-Visa and Landing and Exit cards, Tunji-Ojo said that it was necessary for the purpose of opening Nigeria’s frontiers to investors.
He disclosed that as of May 22nd, the NIS had received a total of 5,814 applications, approved 5,671, rejected 66, and queried 62 applications since the introduction of E-Visa on May 1.
According to him, the E-Visa process will improve the database of the NIS with information on travelers.
He explained the features of the E-Visa, the Landing and Exit cards with a barcode.
“That you applied for a Nigerian visa does not mean you will have the visa, you will need to meet certain criteria for the visa to be issued” he added.
The Director-General of the NCAA, Chris Najomo in his welcome address said that the introduction of the e-Visa and the associated Landing and Exit card systems was a milestone.
Najomo said that was a significant milestone in Nigeria’s journey towards enhancing air travel facilitation while ensuring the highest standards of aviation security and operational efficiency are maintained.
“The e-Visa showcases one of the practical ways we continually align with global best practices by complying with the ICAO provisions of Annex 9 to the Convention on International Civil Aviation – on Facilitation.
“It is, inherently designed to improve the experience of travelers, while strengthening our border control mechanisms.
“The importance of seamless inter-agency collaboration cannot be over-emphasized in a bid to ensure the effective implementation of these systems without compromising safety, security, or service delivery.
“The benefits derived from e-Visa applicants being able to complete visa applications entirely online, with processing time reduced to less than 48 hours, would have a multiplier effect.
It will showcase Nigeria as an investor- and tourist-friendly nation, invariably translating to economic growth.
”The Controller General of the NIS, Kemi Nandap in her closing remarks expressed her appreciation to the Minister of Aviation and Aerospace Development, the NCAA D-G, the Managing Director of the Federal Airports Authority, and the NIS team.
She called for more inter-agency collaborations to further strengthen the seamless implementation of the e-visa, Landing, and Exit cards innovation.
Business
MAN Seeks CBN’s Interventions Over Freezing of Members Accounts By Commercial Banks
“Commercial banks and manufacturers should be partners that collaborate to build shared prosperity for the nation, not adversaries, “said Ajayi-Kadir.

A worrisome case in point is the ongoing forex forward-related dispute involving KAM Industries Nigeria Limited, a leading manufacturer in the steel sector in West Africa a member of the Association, and one of the commercial banks in Nigeria.
The Manufacturers Association of Nigeria has call on the Central Bank of Nigeria to direct commercial banks to immediately unfreeze the accounts of manufacturers affected by unmet foreign exchange forwards obligations.
Segun Ajayi-Kadir, the Director- General of MAN, in a statement, yesterday , lamented that this development has led to the harassment and the freezing of some of its members’ corporate and personal bank accounts by some commercial banks in the country.
The $2.4 billion Forex backlog was part of a $7 billion outstanding obligation.
Last year, despite the interventions of the former Minister of Industry, Trade and Investment, Dr Doris Uzoka, the CBN’s failure to these forward contracts, which are intended to mitigate currency risks, is causing financial distress for manufacturers.
“A worrisome case in point is the ongoing forex forward-related dispute involving KAM Industries Nigeria Limited, a leading manufacturer in the steel sector in West Africa a member of the Association, and one of the commercial banks in Nigeria.
“Commercial banks and manufacturers should be partners that collaborate to build shared prosperity for the nation, not adversaries, “said Ajayi-Kadir.
He emphasised that as a vital sector of the economy, manufacturers rely heavily on access to Forex for the importation of essential raw materials, machinery, and equipment that are not locally available.
However, recent developments have shown a troubling trend in the way banks are handling the matter, to the extreme detriment of manufacturing industries.
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