FG Announces Date Port Harcourt Refinery Will Resume Production
The Federal Government Wednesday said that Port Harcourt Refinery will become functional by December. The Minister of State for Petroleum Resources, Timipre Sylva, who hinted this at the end of…
Subsidy: I Pity Nigeria’s Next President – Sanusi
Former Governor of Central Bank of Nigeria, Lamido Sanusi, has expressed pity for the country's next president over the depleted state of the economy. According to the deposed Emir of…
Subsidy Removal: Petrol May Sell At N800/litre – Marketers
As Nigerians continue to experience scarcity of the Premium of Motor Spirit, better known as petrol, oil marketers have stated that the cost of the commodity would cross N800/litre once…
Deregulation: Get Ready to Buy Petrol at N750/Litre – IPMAN tells Nigerians
As the federal government prepares to completely deregulate the downstream sector of the Nigerian oil and gas industry in the coming months, stakeholders in the sector have asked Nigerians to…
Subsidy Removal: PENGASSAN Pegs Petrol Price at N400 Per Litre
Petrol to sell for N400 per litre - PENGASSAN The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has pegged the pump price of premium motor spirit (PMS),…
FG Unable to Pay Subsidy, Minister Reveals
-N1trn saved from subsidy removal -To merge PPPRA, PEF The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Thursday repealed that the Federal Government is currently financially incapable…
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…
Subsidy: See How Much FG Wasted on Petrol in 10 Years
According to figures released by the Petroleum Products Pricing Regulatory Agency on Monday, The Federal Government spent a whooping N8.94tn on petrol subsidy between 2006 and 2015. The Data made…
BREAKING: “Fuel Subsidy Is Gone” – President Tinubu
President Bola Tinubu has officially declared the end to fuel subsidy. According to Tinubu, fuel subsidy ended with the former President Muhammadu Buhari's administration. Daily Report Nigeria reports that new…
Subsidizing Petrol With Taxes From Herdsmen is Not Fair – FG
The Federal Government of Nigeria has has reacted to the volumes of criticism that followed President Muhammadu Buhari’s Independence Day speech, wherein he stated that it made no sense for…