By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay NewsOkay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Proposed N5 Petrol Levy By Senate A Huge Joke – NUPENG
Font ResizerAa
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
2026 © Okay International Limited - All rights reserved
News

Proposed N5 Petrol Levy By Senate A Huge Joke – NUPENG

By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
June 3, 2017 - 1:41 pm
Share
Okay News
Okay News
SHARE

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has criticised the proposed N5 petrol levy by the Senate, describing it as a huge joke.

Alhaji Tokunbo Korodo, the South-West Chairman of NUPENG, said in Lagos on Saturday that the proposal was ill-timed and also smacked of insensitivity to the current economic hardships facing Nigerians.

He wondered how the nation’s Upper Chamber could think of another fuel price increase when Nigerians were “striving to
cope with the current harsh economic realities”.

“How can the Senate propose such a bill at this particular period when poor Nigerians can hardly feed themselves?

- Advertisement -

“The prices of foodstuffs have tripled in the market, while workers’ salary has not been increased,” Korodo told the News Agency of Nigeria (NAN).

Sen. Kabiru Gaya (APC-Kano), the Chairman, Senate Committee on Works, had on June 1, presented a bill entitled, “National Roads Bill” to the House.

The bill recommends that Nigerians should pay N5 levy on every litre of imported petroleum products and that levy will form part of the proposed national roads fund.

It also recommends the deduction of 0.5 per cent on fares paid by passengers travelling on inter-state roads to commercial mass transit operators as well as the return of toll gates on federal roads, among others.

Korodo said:“Just a year ago, the pump price of petrol was increased from N87 to N145 per litre and Nigerians accepted the increment because of the sincerity of President Muhammadu Buhari’s administration.

“Any attempt to adjust the price of petrol under any guise will be resisted by the Organised Labour.”

The NUPENG chief called on well-meaning Nigerians to prevail on the leadership of the Senate to step down the bill.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:NUPENGPetrol LevySenate
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Okay News Governor Willie Obiano Loses Mother After Brief Illness
Next Article Okay News Chelsea Star Urges Antonio Conte to Complete £75m Transfer

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -
- Advertisement -
Ad imageAd image
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook