BREAKING: Petrol Price May Increase As NNPC Introduces New Charges To Marketers
There are strong indications that pump price of Premium Motor Spirit (PMS) popularly known as petrol will be raised by marketers. This is coming as the nation grapples with challenges…
BREAKING: Oil Price Rises To $95 A Barrel Amid Russia-Ukraine Tensions
Brent crude oil hit $95 a barrel for the first time since October 2014. It was gathered that the development comes amid rising tensions between Russia and Ukraine. Brent crude…
ECOWAS Delegation Arrives In Burkina Faso Over Coup
A delegation from West African bloc ECOWAS arrived in Burkina Faso on Saturday, a security source said, one day after it suspended the country over the region’s latest coup. Rebel…
NNPC Presents N3trn Subsidy Bill For 2022 To Executive Council
The Nigerian National Petroleum Company, NNPC, Limited has presented to the Federal Executive Council FEC a bill of N3 trillion as what is required in 2022 for payment of petroleum…
Buhari Presides Over FEC Meeting
President Muhammadu Buhari is currently presiding over the weekly Federal Executive Council, FEC, meeting at the Council Chambers, Presidential Villa, Abuja. Physically present at the meeting are Vice President Yemi…
BREAKING: FG Steps Down Proposed Removal Of Petrol Subsidy Indefinitely
President Muhammadu Buhari has approved the suspension of the planned removal of petroleum products’ subsidy until further notice. This was disclosed by the Minister of State for Petroleum Resources Chief…
BREAKING: FG Suspends Planned Petrol Subsidy Removal
The federal government has suspended the planned petrol subsidy removal till further notice. Recall that the Federal government had planned to stop subsidy payments on petroleum products from July this…
Trade Union To FG “Ensure Local Refineries Are Operational Before Removing Subsidy “
The Trade Union Congress has gave Federal Government conditions for the removal of fuel subsidies. Recall that the Federal Government has hinted that it may end the subsidy programme in…
Removing Fuel Subsidy Will Push More Nigerians Into Poverty – Abdulsalami
Former Head of State Abdulsalami Abubakar on Thursday raised concerns over the removal of fuel subsidy. General Abdulsalami, who was speaking at the 19th Daily Trust Summit in Abuja, said…