Tag: subsidy
Fuel subsidy to go by June 2023, says finance minister
By Kadiri Abdulrahman The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the Federal Government will…
FG’s unpaid N650bn subsidy arrears is affecting our operations – Marketers
Depot and Petroleum Products Marketers Association (DAPPMA) on Sunday said the unpaid subsidy arrears of over N650 billion by the…
Minimum wage, subsidy not in 2018 Budget
The Chairman, Senate Committee on Appropriation, Sen. Danjuma Goje, has said that no provision was made in the 2018 Budget…
Egyptians protest bread subsidy cut
Hundreds of Egyptians protested around the country, blocking roads and surrounding government offices, after a change to the way bread…
FG subsidising petrol by N12 – PPPRA
The Federal Government on Monday said it was currently subsidising Premium Motor Spirit (PMS) otherwise known as petrol at N12.62…
Buhari rejects devaluation, says ‘I won’t kill the Naira’
President Muhammadu Buhari declared late Wednesday in Nairobi that he was yet to be convinced that Nigeria and its people…
Business, Headlines, Interview, News
FG ends subsidy, reduces petrol price to N85 per litre from 1 Jan.
Nigeria’s Federal Government has taken advantage of low prices of crude oil in the international market to end subsidy of…
Stop subsidy payment, lawmaker urges Buhari
Jethro Ibileke/Benin President Mohammadu Buhari has been advised to stop subsidy paid by the Federal Government on imported fuel. The…
FG approves payment of N413bn subsidy claim to oil marketers
The Federal Government on Wednesday approved the immediate payment of N413 billion to oil marketers as outstanding payment for subsidy…
Removing Nigeria ’s fuel subsidy a lame excuse
By SKC Ogbonnia Plagued by endemic corruption, Nigeria ’s fuel subsidy scheme has ignited intense debate in recent times. The…
Ending Fuel Scarcity
For over three weeks now, Nigerians have had to grapple with another episode of fuel scarcity which has become a…
Business, Headlines, Metro, News
Fuel Scarcity: Oil marketers fear Buhari will stop subsidy payments
* Queues for petrol worsen across the country * Importers hold back over subsidy fears * Buhari government faces backlog…
Reps kick back, says only N145bn provision was made for subsidy
Contrary to the speculation that fuel subsidy has been removed from the 2015 Appropriation Bill, the House of Representatives has…
Senate slashes subsidies on kerosene, petrol by N145bn
The Senate on Wednesday, slashed the allocation for petrol and kerosene subsidies presented by the Ministry of Finance in the…
The Missing N500b SURE-P Funds
The disappearance of N500 billion from the Subsidy re-Investment and Empowerment Programme, SURE-P, funds has confirmed to Nigerians that the…
No Going Back On Oil Subsidy Removal —Jonathan
The President Goodluck Jonathan-led Federal Government has restated its plan to fully deregulate the downstream oil sector, despite the aversion…
SURE-P Chicanery And The Fear Of Subsidy Removal In 2013
By Theophililus Ilevbare Nigerians celebrated the new year with curious optimism in spite of repeated assurances that subsidy will not…
Fuel Subsidy Crooks Will Be Dealt With –EFCC
The Economic and Financial Crimes Commission, EFCC, has acknowledged its receipt of the report of the House of Representatives Committee…
NNPC Collected N310b Illegal Subsidy On Kerosene —Lawan
Chairman of the House of Representatives Committee on the oil sector, Hon.Farouk Lawan this morning made a startling revelation that…
In Nigeria, The Math Does Not Add Up —Prince Charles Dickson
The owner of the body does not say that he is in no pain, while we insist on commiserating with…
Civil Demonstration And The Moral Question —Akido Agenro
The demonstrations held around the country in protest against the Federal Government’s deregulation policy has been hailed by public commentators…
Stella Damasus: Wake Up People, Please Wake Up
The above topic is what I have been saying to as many people as I can reach out to. Have…
The Subsidy Debate: Matters Arising —Yemisi Shyllon
The weeklong protest by Nigerians over the removal of the so-called subsidy on fuel consumption may have receded into the…
Fuel Subsidy Killing: Lawmaker Mourns Slain Ademola
Following the removal of the subsidy on petrol by the Federal Government which led to the nationwide protests and the…
Let’s Protest Against Boko Haram —Seriki Hausawa
Seriki Hausawa of Lagos State, Alhaji Aminu Idris Yaro has called on Nigerians to embark on public demonstrations against the…
Nigeria’s Rulers Reap Rewards Of Corruption —Alex Perry
The killing of more than 178 people by Islamic militants in a series of attacks on state buildings in the…
Senate Sits Over Subsidy Removal
The Senate this afternoon rose from an emergency meeting with a resolution that its leadership should continue with the ongoing…
Fuel Subsidy Removal: Nigerians Take Over Abuja Streets
Abuja residents trooped out enmase this morning to join forces with the NLC and TUC in their protests against the…
NBA Protests In Lagos Against Subsidy Removal
Members of the Ikeja branch of the Nigerian Bar Association this morning took to the streets to protest the removal…