Fuel Subsidy Removal

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Fuel Subsidy: Governors Support President Tinubu On Subsidy Removal

The Nigeria Governors on Wednesday expressed strong support for President Bola Tinubu’s decision to end fuel subsidy payments in the country and other early policy initiatives of the administration. This…

Fuel Subsidy Removal: Osun Government Issues Stern Warning To Marketers

Following the declaration of the newly sworn in President of Nigeria, Asiwaju Bola Ahmed, that is administration will not continue to pay for fuel subsidy, Nigerians trooped to the fuel…

Anxiety As FG Insists on Removal of Fuel Subsidy In June

There is anxiety in Nigeria has Federal Government has insisted that the payment for fuel subsidy will come to an end in June, 2023. A statement from the Federal Ministry…

Fuel Subsidy: Keep $800 Million Borrowed From World Bank Safe – Shehu Sani Tells FG

Former Kaduna central lawmaker, Senator Shehu Sani, has asked the federal government to keep safe the $800 million it received earlier as a loan from the World Bank to cushion…

Fuel Subsidy Removal: There Is A Lot To Put In Place – FG

With barely two months to the proposed removal of fuel subsidy on Premium Motor Spirit (PMS) otherwise known as petrol, the federal government has said it is putting in place…

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…

Fuel Subsidy: FG Targets 1m Vehicles’ Conversion To CNG

Ahead of its plan to fully deregulate the downstream sector of the petroleum industry, the Federal Government has said that it plans to work with marketers to convert 200, 000…

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…

Exclusive: Fuel Price May Rise To N302 Per Litre In Weeks

The National Economic Council, NEC, has recommended to the Federal Government an increase in the pump price of fuel. The price of petrol in Nigeria currently sells between N162 and…

BREAKING: Buhari Did Not Order Anyone To Remove Subsidy — Senate President

Following the backdrop of the planned labour cum civil society protest over the alleged planned removal of petroleum subsidy, the President of the Senate, Dr Ahmad Lawan, has revealed that…

Fuel Subsidy Removal: Buhari To Give Nigerians N5,000 Transport Allowance

The minister of Finance, Zainab Ahmed has said that plans are underway by President Muhammadu Buhari led administration to remove fuel subsidy and provide “deserving” Nigerians with a N5,000 monthly…

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