Tag: petrol subsidy
NNPCL continues to provide subsidies despite hike in petrol price – TUC Insists
The Trade Union Congress (TUC), has attributed the prevailing high cost of petrol primarily to the devaluation of the naira,…
Tinubu’s govt subsidising petrol consumption: Pengassan chief Osifo reveals
National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Festus Osifo made this known in…
The Confusion around Petrol Subsidy
If only the modular refineries that have been commissioned had been able to access crude, by now we would have…
Rep Dagogo advises FG to invest $800m subsidy palliative fund on health, education
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, had during the week said the Federal Government had…
PENGASSAN declares support for removal of petrol subsidy
PENGASSAN has been insisting on making the local refineries functional before removal of subsidy not because it believes that the…
Petrol price to hit over N400 per litre under Peter Obi’s govt
Obi who had dodged the volatile issue in previous interviews, took a definite stand on Thursday, as he declared that…
Soludo lacks solution
So why are people like Soludo always pushing for the removal of petrol subsidy? Does it take an educated mind…
Petrol subsidy to gobble N4 Trillion or $9.85 Billion: Buhari
The new figure is N1.5 trillion more than initially estimated for petroleum subsidy in 2022, according to Buhari's letter in…
Governors declare NNPC’s N3Trillion Petrol subsidy fraudulent
The governors through their internal mechanisms had already discovered that what was being paid was higher than what was actually…
Petrol subsidy to cost Nigeria’s treasury N3 Trillion in 2022
NNPC’s assessment is that Nigeria is consuming 65.7 million litres of petrol per day
What postponement of petrol subsidy removal means – Economist
Yusuf said additionally, a major confidence crisis has been created around the Petroleum Industry Act as a result of the…
Buhari not in support of removal of fuel subsidy – Minister
“I will tell you categorically that at this moment, the complete removal of subsidy is not on our plate at…
NNPC: Nigeria bleeds as petrol cost hits N256, subsidy N150b
The Nigerian National Petroleum Corporation (NNPC) said the cost of a litre of petrol has hit N256 and it is…
Petrol subsidy: IMF expresses concern about Nigeria’s U-Turn
The International Monetary Fund said on Thursday it was concerned by Nigeria's move to renew fuel subsidies and urged the…
Zainab Ahmed: Higher petrol price inevitable, FG can’t afford subsidy
Petrol price in Nigeria will go higher from its present N165 if the price of crude keeps going up, Zainab…