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Federal Government Agrees To N65 / Litre of Fuel

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Federal Government Agrees To N65 / Litre of Fuel

federal government 65 naira per litre

Jan 13, 2012 – Federal Government Agrees To N65 / Litre of Fuel

An end has definitely come to the ongoing nationwide strike action was in the offing last night after the Federal Government agreed to temporarily revert to the pre-New Year price of N65 per litre of petrol.

At a marathon meeting attended by President Goodluck Jonathan, organised labour, the leadership of the Senate and the representatives of state governors, labour was given two options for the reinstatement of the N65 per litre price of petrol. The first option is to revert to the pre-New Year price on the condition that the subsidy regime would be completely removed in April.

The second option is to allow the N65 selling price of petrol and withdraw 80% of the subsidy in March, meaning that petrol would sell for N120 if the current price regime remains in force.

 No agreement yet — Labour

At the end of the meeting last night, labour said although compromise was being made, It has not reached an agreement and that strike continues today. All the parties would however meet again on Saturday when labour is expected to make up its mind on the options put before it.

Yesterday’s meeting was at the instance of the leadership of the Senate which had earlier held two meetings with organised labour and another with the Federal Government. Among those present at the meeting which commenced at 6.30 pm last night were Senate President David Mark; his deputy, Senator Ike Ekweremadu and Senator Victor Ndoma-Egba.

The Senate President shuttled periodically yesterday between Aso Rock and his residence where he hosted labour officials as he sought to mediate the differences between both parties.

The Nigeria Governors Forum, NGF was represented by seven governors at last night meeting. Those in attendance were the Chairman of the NGF, Mr Rotimi Amaechi (Rivers); Mr Gabriel Suswan (Benue); Mr Babangida Aliyu (Niger); Mr Liyel Imoke (Cross River); Mr Adams Oshiomhole (Edo); Mr. Babatunde Fashola (Lagos) and Mr Peter Obi (Anambra).

The Labour delegation included the President of the Nigeria Labour Congress, NLC, Mr Abdulwaheed Omar and the President of Trade Union Congress, TUC, Mr Peter Esele, while Mr Tunde Aremu of ActionAid, represented Civil Society Organisations, CSOs.

 They arrived the venue at exactly 6:30 pm, about two hours after the trio of President Jonathan, representing the Executive arm, the Senate leadership, and the governors forum had been meeting.

Labour sustains protests

Meanwhile, as the series of meetings were being held by representatives of government and labour, the labour movement and its civil society allies sustained their mass protests across the states of the federation and Abuja yesterday to mark the fourth day of the strike which has grounded commercial and social activities.

The protest which also recorded unprecedented turn-out at the Federal Capital Territory, kicked off from the Berger Roundabout at about 10:45am from where the procession marched through Wuse Market, Zone 3 and 7 before it terminated at Area One junction.

It was characterized by the usual fanfare that greeted the protest since it commenced, with protesters dancing to the tunes from some musicians.

 Peter Esele, TUC President exploited the opportunity of the fourth day rally to dismiss Federal Government’s accusation that labour was threatening the peace of the country.

 He said labour and the coalition of civil society groups involved in the protest had nothing against the authority of President Goodluck Jonathan, but that they fault the deregulation policy which in their evaluation does not go down well with the masses.

He also dismissed allegations that politicians were wrongly exploiting the rallies to their advantage, saying they would effectively use the peaceful rallies to achieve their demands.

His words: “They say we are creating problems for this country, let us make one thing clear here, we have nothing against the presidency. All we are fighting against is the deregulation policy”.

Economic activities in Abuja were low, with transporters conveying passengers to some locations in the Federal Capital Territory (FCT), most of the banks remained closed for business, while most of the ministries’ staff were yet to comply with the directive to resume work.



  1. Maye

    January 13, 2012 at 8:07 AM

    Stupid conditions. Go to hell Mr.president.

  2. Oriolowo

    January 13, 2012 at 9:15 AM

    Mr president Jonathan said that this is a sacrifice of pain, Let him too removal what it call N1 billion food stuff and reduce his N3.5million salary to half one. Yes we are going along with him.
    Secondly, Let his wife Patience N5 billion she used to furnish her useless office.

    • City Allstars

      January 13, 2012 at 11:27 AM

      Pls no one should use the removal of fuel subsidy, to use abusive language to our president. Our president has a good vision & mission for this country nigeria.Only that he has many bad aids in his government. Our past presidents right from 1960 till date has emty nigerian treasury.

      • oyenubi aliu

        January 14, 2012 at 10:12 AM

        For him to lied to us about the 1600 buses D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣ promised which was bought by Yar’ adua administration.
        – He said D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣ will cut down their salaries by 25% but He (jonathan) i̶̲̥̅̊§ using #3million for daily food.
        – mallam El-rufai said D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣ were using between 200 to 400billion to subsidies during Obasanjo regime while present govt i̶̲̥̅̊§ using 1.6trillion to subsidies.
        With all these we will not believe him.

  3. ROSE

    January 13, 2012 at 10:27 AM

    why do u condem mr presidents goverments?, he has agood vision for nigeria pls give him a chance to transform this nation. nageria is pregnat and needs the love of her husband(the masses) for a saf delivery.

  4. Akeni bright

    January 13, 2012 at 12:52 PM

    What nonsense!!!

  5. Ada

    January 13, 2012 at 1:14 PM

    No conditions, Mr. President!

  6. Patosky

    January 13, 2012 at 3:21 PM

    Plz d government shud consida d poor masses in anytin day want 2 do

  7. T-girl

    January 13, 2012 at 6:55 PM

    @ city and rose i think both of u are fools to have made such comments on this page. Why can’t he stop d wasteful expenditures. We voted for him to be in dat position, so he has no right to inflict pains on us for his own selfish interest. Mr. President my foot. Pls keep ur hands if u both don’t know what to post.

  8. wamz oge

    January 14, 2012 at 6:16 AM

    Wen we were votin for u did u giv us conditions u said u got no shoes so now u cnt do wat dos who placd u dir r sayin.mtcheeeew

  9. babaooooooooo

    January 14, 2012 at 6:14 PM

    Mr. President consider the poor, the time is coming that, people in power and their families will be chase out from this country due criminal wisdom they possessed. just believe this, both there family here and overseer will be thoroughly dealt with.

  10. Destiny

    January 15, 2012 at 6:52 AM

    Most of u here are talkin nonsense. Mr president is tryin 2 sink nigeria more n u ppl are here sayin he has vision, which vision? nonsense talk.

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