PUTIN WOOS AFRICAN LEADERS AT SHOWCASE SUMMIT, SAYS RUSSIA IS BETTER PARTNER THAN 'COLONIAL' WEST. (PHOTO).

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 Putin woos African leaders at showcase summit, says Russia is better partner than 'colonial' West President Vladimir Putin told African leaders ​on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying ‌to exploit the continent's resources and using debt to hold back development, Reuters reported. The Kremlin chief was speaking at the third Russia-Africa Summit in Moscow, a two-day event attended by African leaders and government delegations from 48 countries, during which he will hold one-on-one talks with many of the 22 individual African leaders ​attending on everything from trade to security, arms deals and grain supplies. "Africa is increasingly asserting itself as one of the key players in the global economy and politics. However, the emergence of a multipolar world is, of ​course, no easy task; it faces resistance from countries that are not prepared to accept this reality: those who are accustomed to ​thinking i...

HIKE IN PETROL PUMP PRICE: NLC CALLS FOR GOVERNMENT INTERVENTION TO EASE BURDEN ON CITIZENS. (PHOTO).


 Hike In Petrol Pump Price: NLC Calls For Government Intervention To Ease Burden On Citizens


The Nigeria Labour Congress, NLC, has called on the Federal Government to introduce reasonable wage awards for workers, make sufficient crude available in naira to local refineries, and expand national petroleum storage capacity to strengthen energy security. 


In a statement by its President, Comrade Joe Ajaero, the NLC says petrol now sells for about one thousand four hundred and thirty naira (N1,430) per litre in some major cities, with prices higher in less accessible areas.


The Labour Centre says this increase in petrol price has a direct impact on transportation costs and subsequently affects the prices of food, rents, school fees and other essential services.


The NLC in expressing concern over the rising pump price of petrol across the country, says  the development is worsening the economic hardship faced by Nigerians. While attributing the latest surge partly to the resurgence of conflict in the Gulf, the NLC argues that Nigeria as an oil-producing country with local refining capacity should have measures in place to cushion the impact of international market fluctuations on citizens.

 It also advocates targeted government intervention for citizens during the current emergency and questions on the continued importation of crude by local refineries.

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