Festus Osifo Archives

TUC asks FG to use excess crude revenue to subsidise petrol as prices amid hikes

Daniel Nnamani1 month ago1 month ago03 mins

The Trade Union Congress of Nigeria (TUC) has urged the federal government to deploy excess crude revenue to subsidise petroleum products as fuel prices continue to rise across the country. Festus Osifo, president of the union, made the call on Friday, warning that the surge in petrol prices has worsened the cost of living and…

PENGASSAN Welcomes Suspension of 15% Fuel Import Duty

ALO3606 months ago6 months ago04 mins

The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has welcomed the federal government’s suspension of the planned 15 per cent import duty on petroleum products. He described it as a strategic decision that shields consumers and also supports local production. Suspension Result of Behind-the-Scenes Dialogue Speaking to…