{"id":39474,"date":"2022-01-08T18:23:51","date_gmt":"2022-01-08T18:23:51","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=39474"},"modified":"2022-01-08T18:23:56","modified_gmt":"2022-01-08T18:23:56","slug":"osinbajo-to-lead-meeting-with-labour-over-planned-strike","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/osinbajo-to-lead-meeting-with-labour-over-planned-strike\/","title":{"rendered":"Osinbajo to lead meeting with labour over planned strike"},"content":{"rendered":"<p>Vice President Yemi Osinbajo is leading a meeting with the Nigerian Labour Congress(NLC) to discuss the planned nationwide protest over the Federal Government\u2019s impending deregulation of the downstream petroleum sector.<\/p>\n\n\n\n<p>Minister of Finance, Budget and National Planning, Zainab Ahmed, Wednesday assured of government\u2019s commitment&nbsp; to proceed with its planned fuel subsidy removal in 2022, saying there was no going back on full deregulation.<\/p>\n\n\n\n<p>Details of the project implementation revealed that the&nbsp; Osinbajo-led panel is set up to lobby and convince labour to accept fuel subsidy removal and the N5,000 transport palliative and other options to ameliorate the effects on Nigerians.<\/p>\n\n\n\n<p>Ahmed also said a panel chaired by Vice President Yemi Osinbajo would meet with the Nigeria Labour Congress and other stakeholders to consider the proposed N5,000 transport palliative and other options to ameliorate the effects on Nigerians.<\/p>\n\n\n\n<p>Responding to questions by journalists at the public presentation of the 2022 Budget on Wednesday, Ahmed said the Federal Government was set to comply with the provisions of the Petroleum Industry Act 2021 to fully deregulate prices of petroleum products.<\/p>\n\n\n\n<p>&nbsp;\u201cThe PIA 2021 has made a provision that indicates that all by-products\u2019 prices will be deregulated, and so far we have been able to deregulate kerosene prices and diesel prices.<\/p>\n\n\n\n<p>\u201cThe only product that is still not deregulated is PMS, so we are planning to comply with the law because the PIA is an Act of the National Assembly and a law that we all have a responsibility to abide by.<\/p>\n\n\n\n<p>&#8220;On the proposed N5, 000 transport grant, the minister said the initiative was still at the proposal stage, adding that it was being weighed alongside other proposals aimed at reducing the impact of subsidy removal on Nigerians.\u201d<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-39474\" data-postid=\"39474\" class=\"themify_builder_content themify_builder_content-39474 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>Vice President Yemi Osinbajo is leading a meeting with the Nigerian Labour Congress(NLC) to discuss the planned nationwide protest over the Federal Government\u2019s impending deregulation of the downstream petroleum sector. Minister of Finance, Budget and National Planning, Zainab Ahmed, Wednesday assured of government\u2019s commitment&nbsp; to proceed with its planned fuel subsidy removal in 2022, saying [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11204,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[908,296],"tags":[1165,410],"class_list":["post-39474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oil-gas","category-social-economic","tag-labour","tag-nlc","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Osinbajo to lead meeting with labour over planned strike - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/osinbajo-to-lead-meeting-with-labour-over-planned-strike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Osinbajo to lead meeting with labour over planned strike - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"Vice President Yemi Osinbajo is leading a meeting with the Nigerian Labour Congress(NLC) to discuss the planned nationwide protest over the Federal Government\u2019s impending deregulation of the downstream petroleum sector. 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