• 4 minutes Why Trump Is Right to Re-Open the Economy
  • 7 minutes Did Trump start the oil price war?
  • 11 minutes Covid-19 logarithmic growth
  • 15 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 18 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 6 hours Russia's Rosneft Oil Company announces termination of its activity in Venezuela
  • 2 hours Trump eyes massive expulsion of suspected Chinese spies
  • 1 hour >>The falling of the Persian Gulf oil empires is near <<
  • 8 mins KSA taking Missiles from ?
  • 1 hour A New Solar-Panel Plant Could Have Capacity to Meet Half of Global Demand
  • 3 hours Saudi Arabia Can't Endure $30 Oil For Long
  • 8 hours America’s Corona Tsar, Andrew Fauci, Concedes Covid-19 May Be Just a Bad Flu With a Fatality Rate of 0.1%
  • 12 hours Where's the storage?
  • 58 mins TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
  • 12 hours Western Canadian Select selling for $6.48 bbl. Enbridge charges between $7 to $9 bbl to ship to the GOM refineries.
  • 14 hours China extracts record amount of natural gas from Gas Hydrates in South China Sea
  • 24 mins There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 12 hours Hillary Clinton tweeted a sick Covid joke just to attack Trump
Oil Prices Are Set To Plunge Again

Oil Prices Are Set To Plunge Again

Oil prices have been on…

Here’s Why Big Oil Stocks Are Rallying

Here’s Why Big Oil Stocks Are Rallying

Shares of leading oil majors…

Nigerian Govt. Criticized Over Decision to End Fuel Subsidies

Nigerian Govt. Criticized Over Decision to End Fuel Subsidies

Nigeria’s Institute of Public Relations criticized the government’s decision to end fuel subsidies for the populace, noting that many Nigerians live below poverty level and that the removal of the fuel subsidy would aggravate hardships and possibly lead to the country experiencing an "Arab Spring, which caught many Arab countries and their leaders unawares and has continued to spread uncontrollably."
 
In a press statement the Institute of Public Relations observed, "Many Nigerians are now disenchanted with the actions of government at all levels, as they have disconnected them from the ‘I had no shoes’ message of President Jonathan, which was what made them to vote massively for him during the election. The perception many Nigerians have of their president, the governors and local government chairmen is that of leaders who do not have any road-map to tackle the problem of Boko Haram and other security threats like kidnapping and armed robbery which are literarily holding the nation to ransom," The Daily Champion newspaper reported.

The Institute of Public Relations urged Nigerian President Goodluck Jonathan along with state governors and local government chairmen to reevaluate the decision in light of the country’s pressing economic and social needs.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage




Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News