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…
Subsidy Removal: FRSC Recommends Use Of Bicycles
The Federal Road Safety Corps (FRSC) has recommended the use of bicycles as a viable alternative means of transportation to mitigate the negative economic impact of the recent hike in…
BREAKING: FG Approves N5bn Subsidy Palliative Fund
The Federal Government has approved a N5 billion palliative fund to cushion the effect of fuel subsidy removal. Daily Report Nigeria reports that the N5 billion subsidy palliative fund was…
FG Will Pay Nigerians Transport Allowance After Fuel Subsidy Removal – Zainab Ahmed
The federal government has disclosed it is considering paying Nigerians transport allowance after removing fuel subsidy. Zainab Ahmed, minister of finance, stated this while speaking during an interview on Channels…
Why Subsidy Cannot be Removed Yet – FG
Minister for Information, Culture and Tourism, Lai Mohammed has stated that it is unsuitable for the Nigerian government to remove fuel subsidies. Mohammed, during a wide-ranging interview with Reuters on…
Nigerians to Buy Fuel N750 Per Litre Over Subsidy Removal
Nigerians may buy fuel N750 per litre following the announcement of subsidy removal. Daily Report Nigeria reports that President Bola Tinubu announced the removal of fuel subsidy during his inaugural…