Tag: fuel Subsidy

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…

Daily Report

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…

Daily Report

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…