Petrol Subsidy Removal Will Have Negative Impact On Masses, Moahz Oil Boss Warns

January 4, 2022 6

Founder of Moahz Group of Companies, Eng. Ola Abdulqadir has advised the Federal Government against full deregulation of the downstream sector of the Petroleum Industry, saying such a move would lead to rise in the cost of transportation and other essential commodities.

Abdulqadir, a leading member of the Nigeria LPG innovation for sustainable energy, in a statement in Abuja, yesterday, noted that implementing the petrol subsidy removal policy would have far reaching negative impact on the masses.

According to him, “The governments’ involvement in a major economic determinant like petroleum is pivotal to how well the country and economy functions.

Written by: Ayomide Ayodele

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Why Balogun Will Not Be Crowned Next Olubadan – Ex-Oyo AG

A day after the demise of Oba Saliu Adetunji, the Olubadan of Ibadan, a former attorney-general of Oyo State, Chief Michael Lana, has said Chief Lekan Balogun, a former senator, is not fit to be crowned as the next Olubadan. The last Olubadan died at the University College Hospital, Ibadan, in the early hours of Sunday. Balogun, currently the Otun Olubadan, is expected to ascend the throne. But in a […]

January 4, 2022 14