Petrol Subsidy: Tinubu, NLC, TUC consider CNG, cash transfer for poor Nigerians

The meeting between President Bola Tinubu’s government and labour unions has proposed an alternative to the use of petrol by Nigerians to cushion the effect of subsidy removal on petrol.
Femi Gbajabiamila, the speaker of the House of Representatives, disclosed this at the end of their meeting in Abuja on Monday.
Mr Gbajabiamila, who led the government delegation at the meeting, said the alternatives include adopting compressed natural gas (CNG) and reviewing the inclusion of low-income earners in the World Bank-financed cash transfer scheme.
The two parties said the cost and efficiency of the CNG would bring a better and long-lasting solution to the constant fluctuation in petrol prices in the global market.
The CNG is the cleanest burning fuel operating today, bringing about less vehicle maintenance and longer engine life.
Mr Tinubu’s government, NLC and TUC agreed to allow a dialogue among stakeholders in the oil and gas sector between now and June 19 to work out an implementation framework for all resolutions reached.
The seven resolutions included that the government, the TUC and the NLC establish a joint committee to review the proposal for any wage increase or award and establish a framework and timeline for implementation, review the World Bank-financed cash transfer scheme and propose the inclusion of low-income earners in the programme.
Other resolutions are to revive the CNG conversion programme earlier agreed upon with Labour centres in 2021 and work out detailed implementation and timing, review issues hindering effective delivery in the education sector and propose solutions for implementation, review and establish the framework for completion of the rehabilitation of the nation’s refineries.
Mr Tinubu’s government is expected to provide a framework for maintaining roads and expanding rail networks nationwide.
“All other demands submitted by the TUC to the federal government will be assessed by the joint committee,” the resolution said.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Mutfwang hails Tinubu for approving dualisation of Plateau-Taraba road
Mr Mutfwang particularly thanked Mr Yilwatda for his strategic engagement and commitment to the development of Plateau State at all times.

NationWide
Obi thanks God @65, donates ₦10 million to rural hospital in Anambra community
Mr Obi expressed gratitude to God and renewed commitment to the service of humanity.

States
Firearm, phone recovered as police nab four suspected kidnappers in Anambra
The command urged members of the public to remain vigilant.

Heading 3
Spain lift 2026 World Cup after beating Messi’s Argentina
The defeat meant that Lionel Messi and his Argentine teammates failed to become the first team to win back-to-back World Cup titles in 64 years.

States
Fire service rescues man trapped under collapsed Kano wall
The PRO said that the victim was rescued alive and conveyed to the Murtala Muhammed Specialist Hospital, Kano State.

Heading 1
Alake of Egbaland endorses PDP candidate Adebutu for 2027 Ogun governorship race
Mr Adebutu accused successive administrations of denying local governments the financial independence needed to drive development.





