Tag: fuel Subsidy

Subsidy Removal: FCT to Build Bicycle Lanes

The Federal Capital Territory (FCT) has announced its intention to develop bicycle lanes within the Abuja metropolis. Olusade Adesola, the Permanent Secretary of the FCT stated that bicycle tracks were…

N185bn Subsidy Palliative Less Than A Cup of Rice Per Nigerian – NLC

The Nigerian Labour Congress has faulted the N185 billion subsidy palliative fund by the Federal Government. Daily Report Nigeria reports that the government announced a N5 billion palliative for each…

Daily Report

States Will Not be Able to Pay Salaries in 2022 With Subsidy – Governors Forum

Governors Back Subsidy Removal, N5000 Transport Allowance For Nigerians Governors of the 36 states of the federation have thrown their weight behind the Federal Government’s intentions to scrap fuel subsidy.…

Daily Report

Petrol Pubsidy to Remain Till Mid-2023 – FG

The Federal Government on Monday August 29, stated that the petrol subsidy will remain in place until mid-2023. According to the Minister of Finance, Zainab Ahmed, the federal government is…

Subsidy Removal: NNPC Throws Weight Behind Tinubu

The Nigerian National Petroleum Company Limited (NNPCL) has supported the removal of fuel subsidy. This is as the NNPC threwn its weight behind President Bola Tinubu's announcement removing fuel subsidy…

Subsidy Removal: Health Workers Make 8 Demands From FG

The National Association of Government General Medical and Dental Practitioners (NAGGMDP) has made eight demands from the current administration under President Bola Tinubu over fuel subsidy removal. NAGGMDP, in a…

FG to Monitor Deployment Of 5bn Subsidy Palliatives

The Presidency has said the Federal Government is prepared to oversee at the state level the allocation of mitigation funds to Nigerians aimed at softening the impact of subsidy removal.…

Fuel Subsidy will be Replaced with N5,000 Transport Grant for 40m Poor Nigerians – Zainab Ahmed

The minister of finance budget and national planning, Zainab Ahmed, has stated that in 2022, the FG will replace fuel subsidies with N5000 monthly transportation grant to the poorest Nigerians.…

NNPC Cannot Prove Daily Fuel Consumption to Justify N6.34tn Petrol Subsidy – Customs

Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), has said that the Nigerian National Petroleum Company Limited cannot justify the volume of Premium Motor Spirit (petrol) being consumed in…

Tinubu Receives Bashing Over Fuel Subsidy Removal

President Bola Tinubu has received bashing over his the subsidy removal from Premium Motor Spirit. Timothy Osadolor, a member of the National Executive Committee of the Peoples Democratic Party (PDP)…