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: Abort Nationwide Protest – Lawan Begs NLC, TUC
Senate president Ahmad Lawan, has appealed to the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, to “abort” the planned protests against government’s proposed removal of fuel subsidy.…
Ghana Removes Fuel Subsidy
The Ghana National Petroleum Authority (NPA) says the country has implemented regulatory measures, including the removal of fuel subsidy, to ensure stability across its downstream sector. The Chief Executive Officer…
Subsidy Removal: Residents Protest Over Fuel Price Hike in Edo
Some residents in Benin, Edo State have taken to the streets to protest against the Federal Government's removal of fuel subsidy. The protesters demanded an immediate reversal of the pump…
Tinubu Writes Reps For N500bn Subsidy Palliatives Approval
President Bola Tinubu has written a letter to the Federal House of Representatives for the approval of the sum of N500bn as palliatives to cushion the effect of fuel subsidy…
NNPCL Denies Paying Marketers Subsidy for Nine Months
The Nigerian National Petroleum Company Limited has denied paying fuel subsidies to marketers in the last nine months, but confirmed that the Federal Government pays subsidies on imported petrol.…
No Going Back on Nationwide Strike – NLC
The Nigeria Labour Congress, NLC is set to continue with her planned Nationwide strike on Thursday amidst the Federal Government's announcement of continued fuel subsidy. The NLC insisted that the…
Subsidy Removal: 10m Households to Receive N5,000 for 6 Months — FG
The Federal Government is offering to pay N5,000 to 10 million households for six months as palliative for removing the petrol subsidy after June. The Minister of Finance, Budget, and…
Subsidy Removal: Fuel Price Will Reduce – NNPC
The Nigerian National Petroleum Company Limited's Group Chief Executive Officer, Mele Kyari has assured Nigerians that the current hiked fuel price(s) will reduce subsequently. Kyari addressed the concerns over the…