• Contact Us
  • About Us
Wednesday, June 17, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

NUPENG faults N11.5b infrastructure budget cut by National Assembly

metro by metro
June 25, 2018
in Economy
0
0
SHARES
0
VIEWS
NUPENG’s National President, Williams Akporeha

The leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has faulted the N11.5 billion infrastructure vote cut in the 2018 budget by the National Assembly. The oil workers argued that the action portends a negative socio-economic impact on national and regional road projects like the Lagos-Ibadan expressway, the second Niger Bridge, the East-West road as well as Bonny-Bodo highway, among others.

The move, the union said, “is unreasonable and insensitive to the yearnings of the people the parliamentarians claim to represent,” adding that singular decision was capable of impacting negatively on the nation’s economic recovery plans.

Read Also

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF

Amid CBN’s Mop-Up Exercises Inflation Rises To 15.93 percent In May

IMF Warns Stablecoin Surge Threatens Naira Sovereignty.

In a statement yesterday in Lagos, NUPENG President, Comrade Williams Akporeha, regretted that the trunk roads, which play significant role in the value chain of the oil and gas downstream sector and other crucial economic activities in the country, were expunged from the national budget at a time the union was calling for declaration of state of emergency on Nigerian roads.He called on the relevant stakeholders and authorities to urgently reconsider the decision in the interest of the suffering masses and the overall development of the nation.

According to them, “they cannot afford to fold their hands while the lives of the hardworking and patriotic members of the society are being carelessly and pitiably wasted on the highways.

“We hate to always raise concerns over road accidents involving our members as a result of deplorable condition of the nation’s road network. It is also an open secret that the current state of our roads is a real contributory factor to tanker accidents which we are experiencing virtually on a daily basis.”

Akporeha added: “Unfortunately the 2018 Appropriation Act that we thought could save us from this life-threatening menace has again dashed our hope. “NUPENG strongly believes that the constitutional direction of a national budget must be patriotically designed to consolidate the achievements of previous budgets so as to deliver on Nigeria’s Economic Recovery and Growth Plan as envisaged by the current government which is the same line of logical, reasonable and responsible thought process that we expect from our federal lawmakers.”

Tags: National AssemblyNUPENG
Previous Post

Erdogan claims victory in Turkey’s polls

Next Post

Bauchi APC chairman killed, other delegates escape death while returning from national convention

Related Posts

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF
Economy

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF

June 16, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 
Economy

Amid CBN’s Mop-Up Exercises Inflation Rises To 15.93 percent In May

June 15, 2026
IMF
Economy

IMF Warns Stablecoin Surge Threatens Naira Sovereignty.

June 14, 2026
Developing World’s ‘Complex’ Debt Could Raise Costs, Stall Restructuring, Lazard Says
Economy

Developing World’s ‘Complex’ Debt Could Raise Costs, Stall Restructuring, Lazard Says

June 11, 2026
Next Post

Bauchi APC chairman killed, other delegates escape death while returning from national convention

Goldman Sachs Shatters Dealmaking Records With $1trn In First-half M&A Volume 

Goldman Sachs Shatters Dealmaking Records With $1trn In First-half M&A Volume 

June 16, 2026
Nearly 500 Confirmed Cases In Central Africa Ebola Outbreak — WHO

Congo Ebola Outbreak May Be Worst Ever, Africa CDC Says 

June 16, 2026
China, US Debt Woes May Dominate G7 Finance Chiefs’ Talks

FBI Says Thwarted Plot To Use Drones, Snipers To Attack White House UFC Event 

June 16, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version