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,…
NEC is Still Deliberating on Committee’s Recommendations on Fuel Subsidy Removal – Obaseki
Governor Godwin Obaseki of Edo, has disclosed that the National Economic Council (NEC) is still deliberating on recommendations by the ad-hoc committee on fuel subsidy removal. Obaseki, who said this…
Finally, FG Announces Date to End Fuel Subsidy
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government will do away with petroleum subsidy by June 2023. This was disclosed on Tuesday…
Subsidy Removal: Fuel Price in Nigeria to Exceed N500 Per Litre
There are signs that retail fuel price in Nigeria will increase sharply as the federal government plans to remove fuel subsidy. The downstream sector of the petroleum industry has been…
Fuel Subsidy Was a Scam — Gov Abiodun
Dapo Abiodun, the Governor of Ogun State has has labeled the defunct fuel subsidy a scam. This is as the governor stressed that the removal of fuel subsidy was a…
FG Still Pays Fuel Subsidy – Former Gov
Former Bauchi State Governor, Isa Yuguda, has asserted that the federal government continues to subsidize petroleum products. In his inaugural speech last year, President Bola Tinubu opening declared, "The fuel…
BREAKING: FG Suspends Planned Fuel Subsidy Removal Indefinitely
Nigeria's Federal Government, has suspended has suspended its planned petrol subsidy removal by mid 2022. This was revealed on Monday by the Minister of Finance, Budget and National Planning, Zainab…
Fuel Subsidy Removal will Earn Nigeria N6trn Annually – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has said that the removal of fuel subsidy would unlock a minimum of N6 trillion in revenue into the federation account…
Governors Declare Support for Subsidy Removal
Governors of the ruling All Progressives Congress (APC) have thrown their weight behind President Bola Tinubu’s decision to terminate petrol subsidy. They affirmed that the Tinubu-led administration is simply fulfilling…
Release Details of N400bn Monthly Savings from Fuel Subsidy Removal – Group Tells FG
The Socio-Economic Rights and Responsibility Project (SERAP) has asked the Federal Government of Nigeria to release details of the N400 billion savings from fuel subsidy removal. SERAP made the demand…