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,…
FG Will Pay Nigerians Transport Allowance After Fuel Subsidy Removal – Zainab Ahmed
The federal government has disclosed it is considering paying Nigerians transport allowance after removing fuel subsidy. Zainab Ahmed, minister of finance, stated this while speaking during an interview on Channels…
Why Subsidy Cannot be Removed Yet – FG
Minister for Information, Culture and Tourism, Lai Mohammed has stated that it is unsuitable for the Nigerian government to remove fuel subsidies. Mohammed, during a wide-ranging interview with Reuters on…
Nigerians to Buy Fuel N750 Per Litre Over Subsidy Removal
Nigerians may buy fuel N750 per litre following the announcement of subsidy removal. Daily Report Nigeria reports that President Bola Tinubu announced the removal of fuel subsidy during his inaugural…
Subsidy Removal: FCT to Build Bicycle Lanes
The Federal Capital Territory (FCT) has announced its intention to develop bicycle lanes within the Abuja metropolis. Olusade Adesola, the Permanent Secretary of the FCT stated that bicycle tracks were…
N185bn Subsidy Palliative Less Than A Cup of Rice Per Nigerian – NLC
The Nigerian Labour Congress has faulted the N185 billion subsidy palliative fund by the Federal Government. Daily Report Nigeria reports that the government announced a N5 billion palliative for each…
States Will Not be Able to Pay Salaries in 2022 With Subsidy – Governors Forum
Governors Back Subsidy Removal, N5000 Transport Allowance For Nigerians Governors of the 36 states of the federation have thrown their weight behind the Federal Government’s intentions to scrap fuel subsidy.…
Petrol Pubsidy to Remain Till Mid-2023 – FG
The Federal Government on Monday August 29, stated that the petrol subsidy will remain in place until mid-2023. According to the Minister of Finance, Zainab Ahmed, the federal government is…
Subsidy Removal: NNPC Throws Weight Behind Tinubu
The Nigerian National Petroleum Company Limited (NNPCL) has supported the removal of fuel subsidy. This is as the NNPC threwn its weight behind President Bola Tinubu's announcement removing fuel subsidy…