Tag: fuel subsidy
Nigerian Govt looking into gradual removal of fuel subsidy, says Finance Minister
The Minister of Finance, Mrs Zainab Ahmed says the Federal Government will look into gradual removal of fuel subsidy as…
IMF tells Nigeria, others to end fuel subsidy
The International Monetary Fund (IMF) has advised Nigeria and other countries still subsidising fuel for domestic consumption to stop doing…
NEC, FAAC approve $1.05bn NLNG dividends for fuel subsidy
The National Economic council (NEC) and the Federation Allocation Accounts Committee (FAAC) have approved the use of Nigeria Liquiefed Natural…
Fuel subsidy: House of Reps summons Kachikwu, others
The House of Representatives on Wednesday resolved to invite the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, to…
Dogara bent on unraveling alleged fuel subsidy re-introduction
Speaker of the House of Representatives, Mr Yakubu Dogara has expressed determination of the House to unravel the lingering fuel…
Oil Marketers Urge FG To Pay Outstanding Subsidy
The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to pay the outstanding fuel subsidy…
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Convicted fuel subsidy fraudster collapses in court
An oil subsidy fraudster, Mrs Ada Ugo-Ngali, the Managing Director of Ontario Oil and Gas Limited, fainted in the dock…
3 oil marketers lose bid to quash N1.5bn subsidy charge
Three oil marketers- Mahmud Tukur, Alex Ochonogor and Abdullahi Alao on Wednesday lost their bid to quash the N1.5 billion…
NECA hails FG on removal of fuel subsidy
The Organised Private Sector, under the umbrella of Nigeria Employers’ Consultative Association (NECA), on Saturday commended the Federal Government for…
Remove fuel subsidy totally, RMAFC tells FG
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has urged the Federal Government to remove fuel subsidy because it had…
Fuel Subsidy: Buhari seeks approval of supplementary budget
Nigeria’s President Muhammadu Buhari has requested the approval of a supplementary budget to cover mainly the 413 billion naira ($2.1…
Fuel subsidy rose from N300bn to N1.9trn under Jonathan, says Amaechi
Former governor or Rivers state, Rt Hon. Rotimi Amaechi has stated that under the government of Goodluck Jonathan the money…
Fuel subsidy removal will bring untold hardship on Nigerians – Sen Sani
Senator Shehu Sani (APC- Kaduna Central) on Sunday said removal of fuel subsidy was unacceptable because it would lead to…
I’m not going to remove fuel subsidy now, Buhari says
President Muhammadu Buhari has hinted that his administration is not ready to remove subsidy on petroleum products despite literatures urging…
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Jonathan ordered me to withdraw $2bn from ECA to pay fuel subsidy – Okonjo-Iweala
Ayorinde Oluokun/Abuja Dr. Ngozi Okonjo Iweala, Nigeria’s former minister of finance said on Tuesday night that the $2 billion she…