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

Fuel Subsidy Removal and Welfare of Nigerians

Subsidy Removal There is no denying the fact that a battle line was drawn between President Muhammadu Buhari's led APC government and the Nigeria Labour Union over the latter's proposed…

Daily Report

Fuel Subsidy Removal Will Not Disrupt Livelihoods – FG

The Federal Government says it is considering how best to achieve subsidy removal without disrupting livelihoods in Nigeria. The Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, stated this…

Fuel Subsidy Ended Since 2022 – Mele Kyari

The Nigeria National Petroleum Commission Limited's (NNPCL) Group Chief Executive Officer, Mele Kyari has revealed that the fuel subsidy regime ended in February 2022. In an interview on Channels TV's…

Tinubu Supporters Protest at National Assembly Over Subsidy Removal

Supporters of President Bola Tinubu on Thursday took to the National Assembly to protest over subsidy removal. Daily Report Nigeria reports that the protesters chanted support for the removal of…

NLC Condemns IMF’s Denial Over Fuel Subsidy Removal

The Nigeria Labour Congress (NLC) has expressed strong criticism of the International Monetary Fund (IMF) for its recent denial of responsibility regarding the Nigerian government's removal of fuel subsidies. The…

Fuel Subsidy is A Scam – Sanusi

Former governor of Central Bank of Nigeria, Lamido Sanusi, has described payment of fuel subsidy by the federal government as a “scam”. Sanusi said some people in power are only…

Journalists Tell FG To Shelve Idea of Fuel Subsidy Removal

The federal government has been advised to shelve the idea of fuel subsidy removal totally. Muslim journalists on the platform of Muslim Media Practitioners of Nigeria (MMPN) gave the advice…

BREAKING: FG Suspends Planned Subsidy Removal

Fuel subsidy removal suspended Nigeria's Federal Government has considered suspending the much awaited fuel subsidy removal. This is as the National Economic Council announced an agreement that petrol subsidy should…

Daily Report