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,…
Fuel Subsidy will be Replaced with N5,000 Transport Grant for 40m Poor Nigerians – Zainab Ahmed
The minister of finance budget and national planning, Zainab Ahmed, has stated that in 2022, the FG will replace fuel subsidies with N5000 monthly transportation grant to the poorest Nigerians.…
NNPC Cannot Prove Daily Fuel Consumption to Justify N6.34tn Petrol Subsidy – Customs
Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), has said that the Nigerian National Petroleum Company Limited cannot justify the volume of Premium Motor Spirit (petrol) being consumed in…
Tinubu Receives Bashing Over Fuel Subsidy Removal
President Bola Tinubu has received bashing over his the subsidy removal from Premium Motor Spirit. Timothy Osadolor, a member of the National Executive Committee of the Peoples Democratic Party (PDP)…
Subsidy: Kwara Govt Reduces Work Days for Civil Servants
The Kwara State Government has directed civil servants in state to go to work for only three days in a week following fuel subsidy removal. The state government approved the…
DSS Arrests Government Officials Over Diversion of Subsidy Palliatives
The Department of State Services (DSS) has arrested some officials of the Nasarawa State Emergency Agency (NASEMA) and other individuals over the diversion and sale of palliatives meant for vulnerable…
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…