• About
  • Advertise
  • Contact
Saturday, April 25, 2026
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Labour

Subsidy Withdrawal : Gov. Abiodun Meets Labour Leaders, Mulls Palliatives For Workers

Vital News by Vital News
June 7, 2023
in Labour, News
0
Subsidy Withdrawal : Gov. Abiodun Meets Labour Leaders, Mulls Palliatives For Workers
Share on FacebookShare on Twitter

Ò

Abeokuta – Governor Dapo Abiodun, has met with labour leaders in the state to discuss ways of cushioning the harsh impacts of the withdrawal of fuel subsidy by the Federal Government.

Speaking st the meeting which was held on Tuesday , at his Oke-Mosan office in Abeokuta, Abiodun acknowledged that the subsidy removal would have effect on Nigerians, especially the salary earners.

The governor promised that his administration would look into ways of ameliorating the impact of the subsidy removal on the residents of the state.

“I called this meeting so that we can rob minds to find different options in view of the recently announced long awaited deregulation of the Premium Motor Spirit otherwise known as petrol by President Bola Ahmed Tinubu.

RelatedStories

FG Sends Advisory To Nigerians In South Africa Amid Surge In Anti-Foreigner Protests

Elderly, Women, Children Badly Hit As Over 5,000 Residents Are Displaced By Fresh Violence In Borno

Tinubu Unveils N25 trillion Pension Fund To Strengthen Workers’ Retirement Security

Northern Business Leaders Cheer Dangote’s Spot On Time’s 2026 Influential 100

Pix: From L-R, Chairman, Trade Union Congress (TUC), Comrade Akeem Lasisi; Chairman Nigeria Labour Congress (NLC), Comrade Hameed Benco Ademola and Governor Dapo Abiodun at a meeting held at the Governor’s Office Oke-Mosan, Abeokuta on Tuesday.

“We are not, as a responsible administration unmindful of the consequences that the regulation would cause in terms of its effect on the disposable income of the workers.

“We have noted that the price of Petrol is now N500 from slightly above N200.

“There is a relationship between cost of PMS and transportation and cost of transportation and cost of goods and services.

“Since the announcement, as the governor and a player in the industry, I have been concerned on the multiplier effects as it would affect workers going to and from work and how it would affect their responsibilities and well- being,” Abiodun noted.

The governor said it was imperative that both government and the labour leaders sit and come up with implementable options to make life comfortable for the people.

He, however, added that the options should not be seen as compensation for the increase in the price of product, but to reduce the impact.

“What obtained in the past was that N4 trillion was spent annually.

“We had to borrow the money to subsidise our energy cost and it was not efficiently utilised.

“Our petrol made their way to Cameroon, Benin Republic, Togo and other West African countries around us.

“We are confident that with this action, we can know the true consumption of PMS in Nigeria and the savings can be used for other sectors for the benefit of our people,” he said.

Abiodun further observed that though, the subsidy removal was a hard decision on the part of President Tinubu, it was imperative as there was no budgetary allocation for it from June, 2023.

Briefing newsmen later, the State Chairman of the Nigeria Labour Congress (NLC), Comrade Hameed Benco Ademola, said the meeting was called at the instance of the governor to find ways of cushioning the effect of the deregulation on civil servants and those in the informal sector

Ademola disclosed that the meeting was divided into committees with Thursday, June 8 , 2023 as the reporting date.

He commended the governor for showing concern about the plight of workers in the State workers, saying the gesture would go a long way in meeting their needs.

Present at the meeting were chairman and secretaries of the Trade Union Congress (TUC), Nigeria Labour Congress (NLC) and the Joint Negotiation Council (JNC).

Also at the meeting were the Head of Service, Mr. Kolawole Fagbohun and the Permanent Secretary, Bureau of Establishment and Training, Mrs. Lydia Fajounbo.
(vitalnewsngr.com)

Tags: effectFuelsubsidyWorkers
Previous Post

Alia, New Benue Governor Nullifies All Appointments, Promotions Made By Ortom

Next Post

Lagos Airlifts 2,379 Intending Pilgrims To Saudi Arabia

Vital News

Vital News

RelatedStories

Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa
National

FG Sends Advisory To Nigerians In South Africa Amid Surge In Anti-Foreigner Protests

April 24, 2026
Elderly, Women, Children Badly Hit As Over 5,000 Residents Are Displaced By Fresh Violence In Borno
National

Elderly, Women, Children Badly Hit As Over 5,000 Residents Are Displaced By Fresh Violence In Borno

April 24, 2026
President Tinubu Moves To Grant Debt Relief To Domestic Airlines, Scrap Ticket Charges Amid Jet A1 Crisis
Labour

Tinubu Unveils N25 trillion Pension Fund To Strengthen Workers’ Retirement Security

April 24, 2026
Dangote, Pope Leo XIV, Trump, Xi Jinping, Others Named In TIME 100 Most Influential People For 2026
Business

Northern Business Leaders Cheer Dangote’s Spot On Time’s 2026 Influential 100

April 24, 2026
Man Kills Three Siblings In Ondo
Environment

One Dead, One Missing, Several Injured As Stray Elephant Ravages Oyo Community

April 24, 2026
Next Post
NAHCON, Saudi Firm Sign Agreement On Hajj Services, Secure Discount

Lagos Airlifts 2,379 Intending Pilgrims To Saudi Arabia

Major Oil Marketers Meet Tinubu, Back Subsidy Removal

Tinubu, State Governors Meet At Aso Rock

Tinubu, State Governors Meet At Aso Rock

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Oyo Community Leader, Alhaja Nusirat Kadewolu Adeyemi Dies At 98

Oyo Community Leader, Alhaja Nusirat Kadewolu Adeyemi Dies At 98

10 months ago

Cleric Charges Politicians To Strive For Better Nigeria

3 years ago
Bandits Strike Again In Kogi State, Kill Two Policemen, Passerby At Checkpoint

Bandits Strike Again In Kogi State, Kill Two Policemen, Passerby At Checkpoint

7 months ago

Ex-Lagos SSG, Adenrele Adeniran -Ogunsanya is dead

4 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security students Tinubu troops US Women
No Result
View All Result

Highlights

Tinubu Unveils N25 trillion Pension Fund To Strengthen Workers’ Retirement Security

Northern Business Leaders Cheer Dangote’s Spot On Time’s 2026 Influential 100

Ahead Of 2027 Elections, CJN, AGF Warn Journalists Against Misreporting Court Cases

EFCC Arrests Ex-Skye Bank Chairman, Tunde Ayeni Over Alleged Laundering Of N36bln, $30mln

Dangote Refinery Exports 1.1bn Litres Of Aviation Fuel To Europe, Supplies 95% of Nigeria’s Jet A1 – AON

One Dead, One Missing, Several Injured As Stray Elephant Ravages Oyo Community

Trending

At Bullion Lecture, RMRDC Boss Says Dangote Refinery Showcases Power Of Domestic Value Addition
Business

At Bullion Lecture, RMRDC Boss Says Dangote Refinery Showcases Power Of Domestic Value Addition

by Vital News
April 24, 2026
0

Public Policy analysts, government officials and other stakeholders have hailed the strategic foresight and industrial courage of...

Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa

FG Sends Advisory To Nigerians In South Africa Amid Surge In Anti-Foreigner Protests

April 24, 2026
Elderly, Women, Children Badly Hit As Over 5,000 Residents Are Displaced By Fresh Violence In Borno

Elderly, Women, Children Badly Hit As Over 5,000 Residents Are Displaced By Fresh Violence In Borno

April 24, 2026
President Tinubu Moves To Grant Debt Relief To Domestic Airlines, Scrap Ticket Charges Amid Jet A1 Crisis

Tinubu Unveils N25 trillion Pension Fund To Strengthen Workers’ Retirement Security

April 24, 2026
Dangote, Pope Leo XIV, Trump, Xi Jinping, Others Named In TIME 100 Most Influential People For 2026

Northern Business Leaders Cheer Dangote’s Spot On Time’s 2026 Influential 100

April 24, 2026
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • At Bullion Lecture, RMRDC Boss Says Dangote Refinery Showcases Power Of Domestic Value Addition April 24, 2026
  • FG Sends Advisory To Nigerians In South Africa Amid Surge In Anti-Foreigner Protests April 24, 2026
  • Elderly, Women, Children Badly Hit As Over 5,000 Residents Are Displaced By Fresh Violence In Borno April 24, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In