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TUESDAY 15TH AUGUST 2023

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Petrol: As Marketers Mull N720/Litre, NLC Warns of Workers’ Strike without Notice Oil, gas suppliers decry high diesel price, want 7.5% tax withdrawn Lament bad roads, say over 1,000 trucks stuck, members killed

Onyebuchi Ezigbo and Emmanuel Addeh in Abuja Nigeria Labour Congress (NLC),

yesterday, warned that its members would commence a nationwide strike without any formal notice if the federal government approved

another increase in the pump price of petrol without conclusion of ongoing negotiations. NLC President, Joe Ajaero, gave

the warning at the ongoing African Alliance of Trade Unions meeting in Abuja. On same day, National Oil and

Gas Suppliers Association of Nigeria (NOGASA) called for the removal of the 7.5 per cent tax on diesel fuel, stressing that it is contributing

to increases in the overall price of petrol in the country. Continued on page 26

Ozekhome: Emefiele, Bawa Victims of Executive Lawlessness... Page 26 Tuesday 15 August, 2023 Vol 28. No 10352. Price: N250

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Niger Junta: We’ll Prosecute Bazoum for High Treason Alleges exchanges with foreign leaders, others It’s a provocative step to take, ECOWAS warns Kingsley Nwezeh and Michael Olugbode in Abuja Niger’s military junta, yesterday,

said it would prosecute ousted President Mohammed Bazoum for high treason over his exchanges with foreign heads of state and

international organisations. But the Economic Community of West African States (ECOWAS) said the plan to charge Basoum

with treason constituted another provocation. The General Abdulrahmane Tchiani-led military government

had, weekend, agreed to dialogue with ECOWAS, which had earlier activated a standby force to restore constitutional order in that country.

The junta also apologised to ECOWAS Chairman and Nigerian Continued on page 26

FX Arbitrage Widens to N206/$1 Enabling Round-tripping, CBN Vows Crack Down I& E window: N744/$1; parallel market: N950/$1 Shonubi says Tinubu “very concerned” about naira slide Reveals intervention measures ready in matter of days Report: Dollar supply remains major challenge in FX market

Story on page 26

AIRTEL AFRICA’S COMMITMENT TO INNOVATION... CBN SPEAKS ON FINANCIAL SITUATION OF COUNTRY... EXPANDING Airtel Africa Group CEO, Mr. Segun Ogunsanya paid a courtesy visit to the President of the Republic of Malawi Acting Central Bank Governor , Folashodun Shonubi ( L) with Special Adviser to the President on Media and Publicity, Ajuri Ngelale addressing the state House correspondent shortly after meeting with President Bola PHOTO: GODWIN OMOIGUI. Ahmed Tinubu at the Presidential Villa, Abuja...yesterday

H.E Dr. Lazarus McCarthy Chakwera, during his working visit to Malawi. Ogunsanya pledged Airtel Africa’s strong commitment to fueling digital innovation and expansion in Malawi and the entire Africa which aligns with Malawi’s 2063 agenda aimed to enhance connectivity for business growth and increased job opportunities.


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