German govt to pay for gas users
The German government has agreed on a proposed one-off payment for gas customers during a cabinet meeting on Wednesday.
The so-called emergency relief measure should cover the cost of consumers’ regular upfront gas payments for December.
It said it was part of broader government efforts to cushion the rising energy crisis resulting from the Western response to Russia’s war on Ukraine.
Economy Minister Robert Habeck said despite a recent fall in wholesale gas prices, and future developments were uncertain.
“Private consumers and businesses increasingly suffer from these high prices and urgently need relief.
“Further steps will follow, and we are working flat out in the federal government to implement the gas and electricity price caps,” he said, welcoming Wednesday’s decision as an important first step.
The government expects the emergency relief measure to cost around €9 billion ($8.89 billion), according to a paper.
However, the legislative proposal will now go into parliamentary consultations, with both houses of parliament set to approve the measure by November 11.
It is intended as an interim solution until the introduction of a gas price cap for households in March.
Meanwhile, suppliers have made it clear that it is not feasible to introduce the gas price cap earlier than March.
(dpa/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Heading 2
117 journalists murdered in 2020 and 2021: UNESCO
“Impunity for killings of journalists remains unacceptably high at 86 per cent,” said UNESCO
Heading 4
It’s disrespectful to mention Funke Akindele in my presence, Tinubu says at campaign rally
“Who is Funke Akindele before Sanwo-Olu of Lagos? She is an ant,” the APC supporters sang.
Heading 3
Court jails Kano TikTokers for portraying Governor Ganduje as corrupt
The accused, in one of their skits, portrayed the governor as a corrupt official, who has sold off most of the state’s lands, among his other corrupt actions.
Rights
We’re working to ensure release of detained journalists: NUJ
Mr Ajayi stressed that the union would no longer tolerate violence against journalists.
NationWide
Nigerians scared of terror alert due to lack of information: Gov. Sule
Governor Sule said alerts by the U.S. government are a common occurrence which their citizens are used to.
Politics
Tinubu selling “renewed hopelessness” to Nigerians: Atiku
Let me tell what they – Tinubu/Kashim Shettima – are selling to Nigerian people, what they call renewed hopelessness,” Mr Bwala said.