Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Avert trouble, address fuel, naira crisis now; TUC tell FG
  • Business & Economy

Avert trouble, address fuel, naira crisis now; TUC tell FG

Admin February 8, 2023
Fuel queue in Lagos

File photo: Fuel queue in Lagos

Fuel queue in Lagos
Fuel queue in Lagos

The Trade Union Congress of Nigeria (TUC), has urged the Federal Government to find lasting solutions to the scarcity of cash and fuel currently facing the populace.

The Congress, in a statement signed by its President, Mr Festus Osifo, and Secretary-General,  Mr Nuhu Toro,  on Tuesday, expressed worry at the twin problems and pleaded that they be resolved in the next one week.

“TUC, like the rest of the Nigerian populace, is bewildered that the country is being dragged through the twin crises of currency and fuel shortages.

“We are worried and wish to note that smaller denominations of N100 and N50 notes were not affected by the Naira redesign, but paradoxically not in circulation anywhere in the country.

“President Muhammadu Buhari needs to give a marching order to the Central Bank of Nigeria and the commercial banks to make available the legal tender, unconditionally to Nigerians without further delay, “ the union said..

It also called for the availability of petrol to fuel stations, and sale at the official price across the country.

The TUC said it would be monitoring the situation closely, urging the government to act promptly to prevent it from getting out of hand.

Recall that President Buhari had, on Friday, met behind closed doors with governors elected under the platform of the All Progressives Congress (APC) where he asked Nigerians to give him seven days to resolve the crisis associated with the Naira redesign policy introduced by the apex bank.

The Group Chief Executive Officer, Nigerian National Petroleum Corporation Ltd., Mr Mele Kyari, has also promised that there would be substantial improvement in fuel supply in the coming week.(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: CBN Fuel Crisis Mele Kyari Mr Festus Osifo Naira crisis NNPCL TUC

Post navigation

Previous Techsocietal partners  NCC, TikTok on online  safety  for kids
Next Killing of Nigerians: Fish out perpetrators, prosecute them accordingly – NiDCOM urges Burkinabe authorities 

Related Stories

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd PIA
  • Business & Economy

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd

July 21, 2026
West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports regional heads
  • Business & Economy

West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports

July 20, 2026
NLNG honours Professor Barth Nnaji for his contribution to science and innovation
  • Business & Economy

NLNG honours Professor Barth Nnaji for his contribution to science and innovation

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd PIA
  • Business & Economy

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd

July 21, 2026
Father Sues 27-Year-Old Daughter Over Marriage Delay Ecommerce
  • Metro News

Father Sues 27-Year-Old Daughter Over Marriage Delay

July 21, 2026
Fire destroys 17 shops in Lagos market
  • Metro News

Fire destroys 17 shops in Lagos market

July 21, 2026
World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings
  • Sports

World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings

July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.