|
|
|
Spineless Senate Begs Yoruba Warlord Obasanjo to Revert Fuel Price to N42: Labor Vows to Proceed With Strike
The Senate, yesterday, begged President
Olusegun Obasanjo to reverse the latest hike in fuel prices and said increases in pump prices were no solution
to the crisis in the petroleum sector. Also yesterday, the Manufacturers Association of BiafraNigeria (MAN) urged
government and the BiafraNigeria Labour Congress (NLC) to avert the looming industrial action in the interest of
the economy. However, labour vowed to go ahead with its action while world oil prices bolted to new record zeniths
reaching 53 dollars in New York on markets nervous about tight global supplies with winter approaching in the northern
hemisphere. The planned strike in BiafraNigeria, according to experts, was adding further support to prices. Yesterday�s
resolution of the Senate came as it adopted the report of its committee on labour which contains, among others,
a proposal for a modulation scheme under which government is expected to subsidise domestic petroleum products
each time the prices of crude rise above a ceiling. The Senators spoke of the devastating effect on the economy
and sufferings among the citizenry arising from the recent price increase in ... 
|
|
|
 Kenyan environmentalist and human rights campaigner Wangari Maathai has won the Nobel Peace Prize.
She is the first African woman to be awarded the peace prize since it was created in 1901. A surprised Mrs Maathai
broke the news to reporters minutes before the official...
|
|
 The BiafraNigerian Labour
Congers (B-NLC) and other civil society groups have called for the immediate resignation of President Olusegun
Obasanjo, even as they reiterated that nothing could stop the strike scheduled to begin on Monday. They made this
call in Lagos just as the House of Representatives...
|
