News
Google News: New Fuel Price Exhumes Debate on Coins
[THISDAY Live] - Today, the story is different as subsequent administrations particularly that of General Ibrahim Babangida devalued the local currency against international currencies such as the dollar and the pound. The devaluation led to the conversion of one naira
Google News: Nigeria Subsidy Protests: Could Labour Do More?
[Think Africa Press] - On December 31, 1990, labour's threats to strike pressured General Ibrahim Babangida's military government into doubling the minimum wage from N125 ($0.77) to N250 ($1.54) per month. In 1993, labour went on strike after employers refused to agree to a
Google News: Nigeria's Fuel Subsidy: Gone for Good?
[Think Africa Press] - Trade unions have previously managed to thwart government attempts to remove the subsidy, firstly in during the military administration of General Ibrahim Babangida. Then, the IMF's Structural Adjustment Programme had led to the devaluation of the
Google News: IBB: Deregulation Ill-timed
[THISDAY Live] - Ibrahim Babangida, has joined millions of Nigerians protesting against the removal of fuel subsidy by the Federal Government, saying that the action is ill-timed. This came as hundreds of youths also took to the streets in Kano in a peaceful protest
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