Tag: Subsidy

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

Cameroon Shut Down Refinery Because of Cheap Fuel From Nigeria – El-rufai

Governor Nasir el-Rufai of Kaduna, has claimed Cameroon closed down its refinery due to the cheap fuel they are getting from Nigeria. The governor stated this while speaking at the…

FG Announces N1.6trn Subsidy For Nigerians

The Federal Government of Nigeria has announced a N1.6 trillion electricity subsidy for Nigerians. Daily Report Nigeria reports that the government also halted its initial plan to hike electricity tariff…

Daily Report

Nigeria Losing N250bn Monthly To Fuel Subsidy – Zainab Ahmed

Minister of finance, budget and national planning, Zainab Ahmed says the government currently spends about  N250 billion monthly on subsidy payments. The minister who stated this while briefing state house…

FG Cut Off Sale Of Subsidised Rice To Public Servants

The federal government of Nigeria has stopped the sale of subsidized 50 kilo bags of rice to civil servants. Recall that the government had implemented this as a way to…