Tag: fuel subsidy
‘Account for N14trn fuel subsidy savings or face legal action’, SERAP tells 36 governors, Wike
“Millions of poor and vulnerable Nigerians have not benefited from the trillions of naira collected by the governors and FCT…
Zulum unveils plan to sell petrol to irrigation farmers at N600 per litre
Zulum, who announced this on Friday evening in Bama noted that a litre of petrol currently being sold between N1,000…
Seyi Law praises Tinubu over removal of fuel subsidy
By Taiwo Okanlawon Nigerian actor and comedian Oluwaseyitan Aletile, popularly known as Seyi Law, has praised President Bola Tinubu for…
Presidency debunks claims of falsehood on Fuel Subsidy payments
Onanuga explained that the NNPC's recent outcry stems from its inability to continue shouldering the cost difference without risking insolvency.
Breaking: NLC, TUC issue 14-day strike ultimatum to FG over hardship in the land
"Constrained by this development and recognizing the urgency of the situation and the imperative of ensuring the protection and defence…
FG no longer paying fuel subsidy – Kyari
Kyari, who spoke with State House Correspondents on Monday in Abuja, said that contrary to insinuations on social media, the…
No plan to return fuel subsidy, says APC Chieftain
Lanre Issa-Onilu, a chieftain of the All Progressives Congress (APC), says there is no plan for the President Bola Tinubu…
TUC: We’ll join nationwide protest despite our support for fuel subsidy removal
TUC directs all affiliates and state councils of Congress to mobilise their members for action by midnight of today, Aug.…
Breaking: Sanwo-Olu slashes transport fares by 50%, rolls out palliatives
The governor also hinted of a plan by commercial transporters to slash prices by 25 percent across the metropolis.
Stakeholders call for judicious use of fuel subsidy funds
Some stakeholders have called on the Federal Government to channel subsidy funds into agriculture, health and education to address the…
End of Nigerian fuel subsidy increases pressure on Europe’s refiners
But analysts say the reduction of flows following the upheaval in Nigeria will increase pressure on European refiners, and any…
Subsidy removal: Nigerian youths hail Kyari’s transparency drive, beg Nigerians to be patient
The group specifically lauded the NNPCL chief over his transparency in the company’s payment of an interim dividend of N123…
NLC declares 7-day nationwide strike notice
The Nigeria Labour Congress (NLC) has issued a seven-day nationwide strike starting August 2, 2023 over the removal of fuel…
Fuel subsidy: Abiodun approves N10,000 palliative, others for public servants
Abiodun also ordered the immediate release of letters of promotion in respect of 2021 and 2022, as well as the…
Fuel subsidy detrimental to downstream sector, economy – Don
Adenikinju added that the macroeconomic impacts of petrol subsidy removal are not as large as most people fear.
Nigeria’s Subsidy Dilemma: Economic Reforms vs Mass Welfare
By Adetola Osinuga As much as I supported Asiwaju in the recently concluded election, I must say his methods aren’t…
Fuel Subsidy: Nigeria’s fuel consumption drops by 28%, says NMDPRA
Average daily fuel usage in Nigeria has decreased by no less than 28%, according to the Nigerian Midstream and Downstream…
Subsidy: Yuguda seeking govt’s favour for waiting 15yrs before scam claim – Group
Yuguda who is also Nigeria’s former minister of state for Transport, in a recent interview with a national television station…
Fuel subsidy: Rivers govt. to roll out palliatives
Fubara disclosed this when the State leadership of the Nigeria Labour Congress (NLC) paid him a solidarity visit at Government…
NURTW backs Tinubu on removal of fuel subsidy
The Union also pledged total support to the programmes and policies of the administration of President Bola Tinubu, as it…
When preparation meets leadership, Tinubu happens
Tough decisions are expected. President Tinubu affirmed a fait accompli when he said in his inaugural address that petrol subsidy…
Tinubu right to have removed fuel subsidy – Peter Obi
Tinubu, in his inaugural speech on 29 May, 2023 openly said 'fuel subsidy is gone.' Two days after that, the…
NECA backs subsidy removal, urges rehabilitation of refineries
The Federal Government is urged to rapidly repair the nation's four refineries in the aftermath of the elimination of fuel…
Akume, Emefiele, others meet TUC over fuel subsidy removal
The representatives of the Bola Tinubu-led federal government are meeting with the Trade Union Congress (TUC) at the State House…
Fuel subsidy: Tinubu is working on palliatives – APC USA
With the elimination of fuel subsidies, petroleum pump prices are now fixed at N540 per litre as opposed to N195,…
Fuel subsidy removal: Ajadi comforts Nigerians, fires message to Tinubu
The 2023 governorship candidate of the New Nigeria People's Party in Ogun, Olufemi Ajadi Oguntoyinbo has expressed concern over the…
Nigerians voted for fuel subsidy removal
The inaugural speech of President Bola Ahmed Tinubu made it clear that it truly was time to close that chapter…
Fuel Subsidy: NEITI backs Tinubu, says N13.69 trillion wasted in 16 years
NEITI had recommended removal of fuel subsidies persistently since 2006 based on its concerns about the huge financial burden that…
‘It could be a costly gamble’- NLC warns Tinubu on fuel subsidy removal
Ajaero said that the NLC would staunchly oppose the decision if the palliative measures were not in place to cushion…
Subsidy removal: NMDPRA promises smooth transition
The Authority urged Nigerians not to panic over the removal of subsidy as the authority had ensured the availability of…