Tag: fuel Subsidy

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

NNPC Announces Palliatives For Fuel Subsidy Removal

The Group Managing Director and Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari has revealed that fuel subsidy removal palliatives are coming soon. Kyari stated…

Fuel Subsidy Removal: The Issues

By Akpi Tamarauemomoemi Mirabel The issue of fuel subsidy has been in place in Nigeria since the 1970s. It began with the government routinely selling petrol to Nigerians at below…

Daily Report

Petrol Subsidy Affected Revenue That Should Have Been Used For 2021 Budget – Buhari

President Muhammadu Buhari says the federal government’s expenses on petrol subsidy affected the revenue that should have been used to fund the 2021 budget. Buhari, who stated this on Thursday…

Subsidy Removal: Nigeria’s Daily Petrol Consumption Figures Are Crazy – Sylva

The minister of petroleum resources, Timipre Sylva has said Nigeria’s daily petrol consumption figures are ‘crazy’.  The minister, who appeared on the Nigerian Television Authority (NTA) on Tuesday, noted that the…

Fuel Subsidy: CISLAC Queries FG Over $800m World Bank Loan

The Civil Society Legislative Advocacy Centre has queried the federal government over the World Bank's $800 million loan for fuel subsidy palliatives to Nigerians. The Executive Director of CISLAC, Auwal…