Business
FG Suspends Petrol Subsidy Removal Temporarily
The National Economic Council (NEC), presided over by Vice-President Yemi Osinbajo, has agreed that the removal of petrol subsidy should be suspended temporarily. NEC, however, […]
Subsidy
News
Keeping Fuel Subsidy, Naira Redesign Were Personal Decisions, Not Part Of APC’s Manifesto-El-Rufai
The Governor of Kaduna State, Nasir el-Rufai has said that the ruling All Progressives Congress (APC) did not promise to retain fuel subsidy or redesign […]
Business
It Is Double Jeopardy To Borrow To Fund Petrol Subsidy In 2023-Zainab Ahmed
Zainab Ahmed, minister of finance, budget and national planning, says the federal government will end petrol subsidy payments by June 2023. Ahmed said this on […]
Business
FG Approves Fuel Subsidy Removal, To Take Effect June 2023
The Minister of Finance, Zainab Ahmed, has disclosed that President Muhammadu Buhari has set June 2023 as the date for the removal of fuel subsidy. […]
News
We’re Not Aware Of Fuel Price Hike; Subsidy Still Being Paid- FG
Despite filling stations across the nation now selling petrol way above the approved N165 per litre, the federal government claims it has not removed subsidies […]
News
Removing Fuel Subsidy Not Worth It; Will Lead To Chaos, Instability-Lai Mohammed
Minister of Information and Culture, Lai Mohammed, has admitted that the regime of President Muhammadu Buhari believes that doing away with fuel subsidy removal could […]
News
Reps: Over $10 Billion Stolen By NNPC, Others In Fuel Subsidy Scam
The House of Representatives has alleged that more than $10 billion worth of the nation’s crude has been stolen via fraudulent fuel subsidy claims by […]
News
Buhari Regime Will Continue To Borrow Without Subsidy Removal- Adesina
President Muhammadu Buhari’s regime and successive governments will continue to borrow foreign loans to service the nation without the removal of the contentious fuel subsidy, […]
News
FEC Receives N3trn Subsidy Bill For 2022 From NNPC
The federal executive council (FEC) says it has received a bill of N3 trillion from the Nigerian National Petroleum Corporation (NNPC) as payment for petrol […]
News
Why Nigeria Should Remove Fuel Subsidy- Lagarde
Christine Lagarde, managing director of the International Monetary Fund, says Nigeria and other countries across have spent $5.2 trillion on fuel subsidy since 2015. Addressing […]