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: No Provision for N5000 Transport Grant in 2022 Budget – Senate
The Chairman of the Senate Committee on Finance, Adeola Olamilekan Solomon, has stated that the 2022 budget proposal contains fuel subsidy, but no provision for the proposed N5000 transport grant…
Subsidy: NNPCL to Sell Petrol for N462/litre
The Nigerian National Petroleum Company (NNPC) Limited on Sunday announced it will sell petrol for N462 per litre without subsidy. While giving a breakdown, it mentioned the average international market-determined…
BREAKING: Reps React To Subsidy Removal by Tinubu
The House of Representatives has reacted to the fuel subsidy removal declaration by President Bola Tinubu. The Lawmakers in their reaction commended Tinubu for his decision to remove subsidy on…
Subsidy Removal: IPMAN Proposes Use Of Compressed Natural Gas
The Independent Petroleum Manufacturers Association of Nigeria (IPMAN) has proposed the use of Compressed Natural Gas (CNG) as an alternative energy source in Nigeria. The National President of IPMAN, Mr…
‘We’re Not Cutting Down Expenditure,’ Senate Tells Nigerians
The Nigerian Senate has rejected calls to cut down its expenses due to economic hardship caused by the removal of fuel subsidy. The rejection was disclosed on Monday by Sen…
NLC Reacts To Proposed fuel Subsidy Removal
The Nigeria Labour Congress (NLC) has rejected the proposed removal of subsidy on Petroleum Motor Spirit (PMS) by the Federal Government. Ayuba Wabba, president of the NLC, who made this…
Children will Curse Nigerian Leaders for Accumulation of Debts – Sanusi
Former Central Bank governor, Lamido Sanusi has said that children in Nigeria will curse the leaders of the country for accumulation of both internal and external debts. Sanusi, who spoke…
Tinubu Clarifies When Subsidy Removal Will Take Effect
President Bola Tinubu has clarified when his announcement on the removal of the fuel subsidy will take effect. Tinubu gave the clarification via the Asiwaju Bola Ahmed Media Centre on…