📲 Click Here to Join Our WhatsApp Channel
NEWS | Politics | CRIME TALK ZONE | DJ MIX | SPORTS |


Burna Boy
Davido
Wizkid
Naira Marley
Olamide
Tiwa Savage
Rema
Asake
Kizz Daniel
OdumoduBLCK
Shallipopi
Tems
Ayra Starr

« | »

TUC Advocates for Unique FOREX Rate to Reduce Fuel Costs Amid Dangote Refinery Developments

Published by on October 11th, 2024.


TUC Advocates for Unique FOREX Rate to Reduce Fuel Costs Amid Dangote Refinery Developments

I’m

The Trade Union Congress (TUC) has proposed the establishment of a specialized foreign exchange (FOREX) rate to help decrease fuel prices in Nigeria. This call comes in light of the anticipated contributions of the Dangote refinery to the local market.

 

With the refinery expected to boost domestic fuel production, the TUC believes a tailored FOREX rate could alleviate the financial burden on consumers and stabilize pricing. The union argues that implementing this rate would create a more favorable economic environment, making fuel more accessible to the average Nigerian.

 

As the nation seeks to enhance its energy sector, the TUC’s suggestion aims to align currency exchange rates with local economic realities. This approach is seen as a crucial step toward ensuring that the benefits of increased refinery output translate into lower prices at the pump for consumers.

 

The implications of such a policy could be significant, potentially fostering greater affordability in fuel costs and enhancing overall economic stability in the

region.

 

TRENDING SONGS

Song Heartbreak in Ikeja: Lady Weeps After Fufu Found in New Phone Package Song Twist of Fate: Man Who Questioned Phyna’s ₦1Billion Demand Mourns Brother in Dangote Truck Crash Song Tragedy in Enugu: Dangote Truck Claims Lives of Family of Five Song Bangkok Crackdown: Nigerian-Thai Couple in Police Net Over Drug Trafficking Song Family Rift: Reno Omokri’s Ex-Wife Says He Deserted Their Special Needs Son Song The Man Who Sent Money for Two Decades, Only to Return to an Empty Shell Song See how a young lady was beaten in a village and naked for stealing a goat  Song See How Man That Plans to Divorce His Wife, Gets Shocked When She Leaves Him First With Their 5 Kids Song Tragic Land Dispute: Man Kills Father in Imo, Pastor Arrested for Rape Song Nigeria Grants Air Tanzania Passage for Direct Flights

CLICK TO DROP YOUR COMMENT

Share this post with your friends on


0 Responses

Leave a Reply

NOTE:- Make your comment a bit long to get it approved.



Go Back To The Top

« | »


Looking for something? Search below





About First Class Gists


Click Here to Join Our WhatsApp Channel