Tag: fuel subsidy
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…
NNPC Ltd welcomes Tinubu’s removal of fuel subsidy
Kyari said the removal of the subsidy, which had been a burden on NNPC’s cash flow, would free up funds…
Just In: Tinubu declares end to fuel subsidy
Tinubu said from the 2023 budget he has seen, subsidy is supposed to end by June. He therefore said subsidy…
Fuel subsidy killing Nigeria’s economy — Akinwumi
Adesina, who said this at a lecture in Abuja, disclosed that Nigeria’s fuel subsidies benefit the rich not the poor,…
Fuel subsidy will end in June 2023, Finance Minister insists
The Federal Ministry of Finance said this in reaction to reports which emanated from the press briefing of the Minister…
JUST IN: FG suspends removal of fuel subsidy
According to her, the Council agreed that the timing of the removal of fuel subsidy should not be now, but…
Forget idea of removing fuel subsidy, Northern youths tell FG
“We cannot afford to have another round of hardship inflicted on the Nigerian people, especially the youth, who are already…
Ghana removes fuel subsidy after 30 years
Also, the NPA has established a special fund to assist refineries in increasing their capacity to 50 barrels of oil…
NNPCL: Fuel subsidy now above N400bn monthly
According to him, NNPCL was spending about N202 as subsidy on every litre of petrol consumed across the country, adding…
Indonesia to increase fuel price, reallocates subsidy to cash handouts
The move comes amid reports that the government has been considering raising subsidised fuel prices to manage rising fiscal pressure…
TUC gives conditions for fuel subsidy removal
The union asked state councils and affiliates to prepare for “industrial actions” if the government goes ahead with its removal…
Fuel subsidy removal will improve economy: Onafowokan CEO Coleman Wires
Onafowokan said the removal of subsidy would encourage investors into the downstream, midstream and refining and stop Nigeria's borrowing.
NEC speaks on alleged plan to remove fuel subsidy
On his part, Gov. Abdullahi Sule of Nasarawa State said Nigerians ought to know about the Petroleum Industry Act (PIA)…