Tag: fuel Subsidy

SERAP to Governors, Wike: Account for N14trn Fuel Subsidy Savings or Face Legal Action

SERAP demands full breakdown of FAAC allocations since 2023 Says funds meant for the poor have been diverted to luxury and waste Warns of court action if details are not…

Sodiq Olaitan

Fuel Subsidy Savings Inadequate for Nigeria’s $50bn Budget – Taiwo Oyedele

Fuel subsidy removal cannot transform Nigeria’s $50bn economy. Taiwo Oyedele insists on broad tax reforms to drive infrastructure growth. Warnings issued against policy reversals draining trillions of naira. Taiwo Oyedele,…

Sodiq Olaitan

Subsidy Removal: N5,000 Grant for ‘Poor’ Nigerians’ll Promote Corruption – PFN

The Pentecostal Fellowship of Nigeria has asserted that the N5,000 grant proposed for poor Nigerians by the federal government will further promote corruption in the country. This was contained in…

Daily Report

SUBSIDY: Petrol To Cost N410 – NNPCL

The Group Chief Executive Officer of NNPC Limited, Mele Kyari has disclosed that NNPC cannot maintain a pump price of N170 per litre for Premium Motor Spirit, popularly called petrol…

Governor Oyebanji Orders Closure of Filling Stations Hoarding Fuel

Governor Biodun Oyebanji of Ekiti State has directed all filling stations across the state to start selling fuel within the approved price or risk being shut down indefinitely. The governor…

Why I Didn’t Remove Fuel Subsidy – Buhari

Former President Muhammadu Buhari, on Monday gave reasons to why he did not remove fuel subsidy during his administration. Buhari, in a statement through his former spokesman, Garba Shehu stated…

Subsidy Removal: Our Pains Are Temporary – FG Tells Nigerians

The Minister of Information and National Orientation, Alhaji Mohammed Idris has reassured Nigerians that the pains being experienced over the recent removal of fuel subsidy will be temporary. The Minister,…

Subsidy Removal: Protests To Hold in All States in Jan 2022 – NLC

The Nigeria Labour Congress (NLC) has disclosed rallies will hold in all states to protest against the planned removal of fuel subsidy by the federal government. NLC decision is contained…

Why FG Should Remove Petrol Subsidy Immediately – El-Rufai

The governor of Kaduna State, Mallam Nasir El-Rufai, has urged the Federal Government to immediately remove the subsidy on petrol. He made the call, yesterday, at the “State-of-the-State” session at…

Subsidy Removal: Be Ready For More Shocks – Labour Party Tells Nigerians

The Labour Party has told Nigerians to be ready for more shocking announcements in response to President Bola Tinubu’s removal of fuel subsidy. Acting National Publicity Secretary of LP, Obiora…