The economic situation around here is disasterous. Official figures for
inflation are 340% but economic analysts say that the actual figure is
over 400%. The government tampers with figures in order to hide the
seriousness of the situation. Prices of basic commodities keep going up.
Every new stock of goods has a new...
After eight days of grim heroic struggles, the Obasanjo government was
forced to reduce the recent increment in fuel prices by 15%. Now petrol
officially is to sell at N34 per litre instead of N40, while diesel and
kerosene respectively will sell at N32 instead of N38.
BUSH’S VISIT to Africa, no doubt to pave the way for more privatisation
contracts for US multinationals, has seen a lot of media interest in the
continent that will be dropped as soon as Bush returns to the US.
In 1996, hardly 2 years after the ANC was elected, the leadership,
having long since buried the Freedom Charter, abandoned the
Reconstruction and Development Programme, replacing it with the
neo-liberal capitalist Growth, Employment and Redistribution Programme.
Adopted with extravagant promises of high economic growth...
By brute force, Robert Mugabe’s regime has for the moment survived the
longest and most successful stay-away in Zimbabwe’s history. The ‘Final
Push’, called by the Movement for Democratic Change (MDC), did not
topple Mugabe, but the brutal suppression revealed the isolation of a
regime with no...
The Joint Action Council Against Hike In Fuel Price (JACAHFP) wishes to
salute the Nigerian working people for their observation today of the
nation-wide strike action called by the Nigeria Labour Congress (NLC))
and the Trade Union Congress (TUC) and the mass protests organised by
JACAHFP against the callous and...
For the third time in just over four years the Obasanjo regime has again
increased the pump price of petroleum products from N26 per litre for
petrol to N40 per litre, while kerosene and diesel are to sell for N38
per litre each. This current increment marks the fourth time when an
Obasanjo government will be...