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Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect (899 Views)

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Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect by Nobody: 7:25pm On Jan 12, 2012
Re: Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect by Nobody: 7:30pm On Jan 12, 2012
The ice has finally been broken between labour unions and the Federal Government over the removal of fuel subsidy with a meeting scheduled for this evening, THISDAY can report.


Ahead of the tripartriate negotiation in Abuja involving the Executive, National Assembly leadership and the unions, the Jonathan Administration is considering a mechanism aimed at subsidising aspects of petrol pricing and bringing down the cost to around N120 per litre or up to 20% subsidy in the interim.


Labour is also said to be willing to propose a shift in the commencement date of the deregulation policy from April to March subject to agreement and milestones.


They are said to be disposed to phased deregulation. These three items form the agenda for the meeting for this evening.


THISDAY will keep you posted. Watch this space
Re: Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect by Nobody: 7:44pm On Jan 12, 2012
I believe the meeting is still ongoing so for now its still a proposal.

Pls labour shine ur eyes ooooo shocked
Re: Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect by Nobody: 7:59pm On Jan 12, 2012
Re: Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect by abiolak: 8:06pm On Jan 12, 2012
The meeting is on, no conclusion yet, and more so thisday press are not allowed in so where do they get this info, lets listing to nlc before we can say what the next line of action is.
Re: Fg Proposes N120/litre For Pms Till 1st March For Full Deregulation To Take Effect by okosodo: 8:49pm On Jan 12, 2012
Let us get the info from nlc before we act

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