Subsidy: Dangote, Nigerian Refineries Will Not Change Fuel Price – NNPCL
Fuel price will not reduce - NNPC The Nigerian National Petroleum Company Limited(NNPCL) has confirmed that the production of Premium Motor Spirit (petrol) by Dangote Refinery, Port Harcourt Refining Company,…
How Fuel Subsidy Removal in Nigeria is Affecting Refineries in Europe
President Bola Tinubu's removal of fuel subsidy in Nigeria has greatly affected refineries in Europe, according to a report. The report disclosed that North America and West Africa, led by…
FG Battle to End Petrol Subsidy in 2022 as World Bank Condemns N2.9tn Funding
Shubham Chaudhuri, World Bank Country Director for Nigeria, has called on the nation to halt the payment of subsidy for premium motor spirit, otherwise called fuel. He stated this during…
Fix Refineries, Petrol Subsidy Bill Growing Faster Than Economy – CSO
Civil Society Groups for Good Governance (CSGGG) has called on the federal government to fix the Nigeria's refineries before removing subsidy on petrol. Addressing a press conference on Saturday in…
El-Rufai, Sanusi Fault Buhari For Frustrating Subsidy Removal
Kaduna Governor, Nasir El-Rufai and former Central Bank of Nigeria governor, Mallam Sanusi Lamido Sanusi have both expressed their disapproval of the retention of fuel subsidy in Nigeria. During a…
Subsidy Removal: Electricity Workers Plans Nationwide Strike
Electricity workers in Nigeria, represented by the National Union of Electricity Employees (NUEE) have planned a strike against the removal of fuel subsidy by the federal government. NUEE revealed its…
FG Approves Buses for Tertiary Institutions
300 buses were approved for Student Union Governments across the country. The move is to further alleviate the effect of fuel subsidy removal on students. President warns against increase in…
FG to Pay Petrol Subsidy For Only First 6 Months of 2022 – Finance Minister
The Minister of Finance, Zainab Ahmed, Speaking at a panel session during the 27th Nigerian Economic Summit (NES#27) in Abuja on Monday, October 26, announced that the complete deregulation of…
BREAKING: National Assembly Approves Buhari’s Request For Petrol Subsidy Increase From N442billion To N4trillion
National Assembly has passed amendments to the 2022 appropriation act which raised the subsidy on Premium Motor Spirit (PMS) better known as petrol from N3.557tn to N4tn. The Senate and…
Over N13trn Spent On Subsidy Payment In 16 Years – FG
The Secretary to the Government of the Federation (SGF) Boss Mustapha, on Monday said the country spent N13 trillion on subsidies payment from 2005-2021. Mustapha disclosed this on Monday while…