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FG denies fixing new N162 per litre of petrol pump price


Daily Post Nigeria
Published
The Federal Government has said it has now taken a back seat in the issue of petrol pricing in the country.
Minister of Labour and Employment, Senator Chris Ngige, made this known while speaking at the Old Banquet Hall, Presidential Villa Abuja while inaugurating the bipartite plus technical committee on Premium Motor Spirit, PMS, pricing framework on Monday.
A statement from Ngige’s media office, quoted him as saying that the government did not fix the new PMS pump price that took off in the country on Monday.
According to him, the new N162.44k fuel price was arrived at from the commercials like demurrage, transshipment and storage. ....

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We didn't fix the new petrol price- FG


By Johnbosco Agbakwuru
THE Federal Government Monday said it has taken a back seat in the issue of petrol pricing in the country.
Minister of Labour and Employment, Senator Chris Ngige stated this at the Old Banquet Hall, Presidential Villa Abuja while inaugurating the bipartite plus technical committee on Premium Motor Spirit, PMS, pricing framework.
A statement from Ngige’s media office, quoted the minister as saying that the government did not fix the new PMS price that took off in the country on Monday.
He explained that the new N162.44k fuel price was gotten from the commercials like demurrage, transshipment and storage. ....

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KFC franchise faces 'total survival mode'


Warns union of site closings, even shutdown
Rejects BHMA claims on Christmas bonus
By NEIL HARTNELL
nhartnell@tribunemedia.net
The Kentucky Fried Chicken (KFC) franchise warned trade unions over one month ago it was in absolute survival mode and may have to close locations or even shutdown with revenues off 50 percent.
The fast food outlet and its operating parent, Restaurant (Bahamas) Ltd, cited COVID-19 s devastating effect and the urgent need to make adjustments that cut expenses and conserved cash as it rejected assertions by Obie Ferguson, the Trades Union Congress (TUC) president, that it was acting in bad faith over plans to alter the staff s Christmas bonus. ....

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