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…
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,…
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…
Number of Poor Nigerians to Hit 101m Over Subsidy Removal
The number of poor Nigerians is set hit one hundred and one million due to fuel subsidy removal. This was disclosed by World Bank on Tuesday in Abuja when it…
Removal of Fuel Subsidy Will Make Nigeria prosperous – Tinubu
President Bola Tinubu has expressed confidence that the removal of fuel subsidy would contribute to a stronger and prosperous Nigeria. The president said the removal would pave the way for investments…
NEC is Still Deliberating on Committee’s Recommendations on Fuel Subsidy Removal – Obaseki
Governor Godwin Obaseki of Edo, has disclosed that the National Economic Council (NEC) is still deliberating on recommendations by the ad-hoc committee on fuel subsidy removal. Obaseki, who said this…
Finally, FG Announces Date to End Fuel Subsidy
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government will do away with petroleum subsidy by June 2023. This was disclosed on Tuesday…
Subsidy Removal: Fuel Price in Nigeria to Exceed N500 Per Litre
There are signs that retail fuel price in Nigeria will increase sharply as the federal government plans to remove fuel subsidy. The downstream sector of the petroleum industry has been…