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…
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…
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…
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…