Tag: Subsidy

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…

Daily Report

Subsidy Removal: Tinubu Assures of Palliatives

President Bola Tinubu has assured Nigerians that he will provide palliatives to alleviate their suffering birthed by fuel subsidy removal. Tinubu's promise was conveyed by Lucky Igbinedion, Chairman of the…

Breaking: PPPRA Announces New Fuel Price at ₦211.11 Per Litre

New fuel price The Petroleum Products Pricing Regulatory Agency (PPPRA) has declared a guiding price of ₦211.11 per litre for premium motor spirit (PMS), otherwise known as fuel. Daily Report…

Daily Report

BREAKING: Tinubu Offers 12m Households N8,000 for 6 Months

President Bola Ahmed Tinubu has offered at least twelve million families the sum of N8,000 for six months. The offer was to ease the hardship Nigerians are facing due to…

Just in: NNPC Insists Petrol Depot Price Will Not Increase in March

The Nigerian National Petroleum Corporation has insisted that petrol depot price will remain unchanged in March. This is sequel to a declaration by the Petroleum Products Pricing Regulatory Agency, PPPRA…

Subsidy Removal: N1 Trillion Saved in 60 Days – Tinubu

The removal of fuel subsidy has saved Nigeria more than N1 trillion. The amount was saved as it was not channelled to 'smugglers and fraudsters' The saved money will now…

Daily Report

No FAAC Allocation Remittance For April, NNPC Tells FG

The Nigerian National Petroleum Corporation (NNPC) has said there will be a zero remittance to the Federation Accounts Allocation Committee (FAAC) for the month of April 2021. In a letter…

Daily Report

REVEALED: How FG is Still Paying Subsidy

Facts have emerged of how the federal government led by President Bola Tinubu still continues to pay subsidy for petroleum products. Daily Report Nigeria reports that President Tinubu announced an…

Daily Report

Subsidy: Nigerians Ought to Pay N256/Litre of Petrol – Mele Kyari

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said Nigerians ought to be paying a minimum of N256 per litre of petrol. Mr Kyari stated…

Daily Report

FG to Disburse N75bn Subsidy Grant to Businesses

The Federal Government announced readiness to disburse funds under the Presidential Palliative Programme. Daily Report Nigeria reports that the funds are targeted at alleviating the heavy impact of fuel subsidy…

Daily Report