S.J News• [Jan 2, 2012]

S.J News• [Jan 2, 2012]• http://sjnewss.blogspot.com/ Deregulation: Petroleum Products Pricing Regulatory Agency (PPPRA) announces formal withdrawal of subsidy on Premium Motor Spirit (PMS); Petrol now ranges 4rm N132 to N145 per litre. PMS: Nigeria Labour Congress (NLC) & Trade Union Congress (TUC) to embark on strike & mass protests until reversal of petrol price to N65 per litre. Oyo: Abass Oloko (Vice Chairman, Oyo State Pilgrims’ Welfare Board, Muslim wing) arrested by state Anti-Armed Robbery Squad for beating up Taofeek Akewugberu (Chairman). Senate: We're yet to take final decision on removal of fuel subsidy -Enyinnaya Abaribe (Chairman, Senate committee on information). CBN's Pilot Project: Central Bank of Nigeria's (CBN) Cashless policy commences in Lagos; To spread to other states. Fuel Subsidy: Removal of petroleum subsidy illegal & announced suddenly -Conference of Nigerian Political Parties (CNPP); Urges Nigerians to prepare for mass revolt. Nuclear: Iran succeeds in building & testing 1st domestically produced uranium fuel rod; Installed in core of research reactor in Tehran, Iran. •Football• EPL: Sunderland 1-0 Man City; West Brom 0-1 Everton.