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25 stories tagged fuel subsidy.
In the wake of the hardships faced by Nigerians following the removal of fuel subsidies, President Bola Tinubu has issued a stern warning to federal institutions against imposing arbitrary increases in sundry fees. The…
Prominent actor and comedian, Hafiz Oyetoro, affectionately known as Saka, expressed astonishment over the sudden, widespread availability of Premium Motor Spirit (PMS), more commonly referred to as petrol, across…
In an effort to mitigate the impact of the recent petrol subsidy removal on civil servants, the Edo State government has announced a reduction in workdays from five to three. This move follows a similar decision by the…
Lagos State Governor, Babajide Sanwo-Olu, has appealed to the Nigeria Labour Congress (NLC) to reconsider its decision to embark on a strike following the removal of petrol subsidy. The governor made this plea during a…
The African Action Congress (AAC) candidate during the 2023 Presidential election, Omoyele Sowore, has berated President Bola Ahmed Tinubu over the removal of subsidy on Premium Motor Spirit (PMS) also known as petrol.…
In a recent development, former Big Brother Naija housemate, Tacha Akide, has made headlines with her opinion on the current fuel price hikes in Nigeria. The reality star took to her Twitter page to express her views,…
In a recent address to journalists at Aso Villa, Abuja, Vice President Kashim Shettima voiced his concerns over the long-term implications for Nigeria if President Bola Tinubu's administration fails to eliminate fuel…
Popular Nigerian singer and socio-political activist, Charles Oputa, popularly known as Charly Boy, has voiced his apprehension regarding President Bola Tinubu's recent announcement to remove fuel subsidies. Charly Boy…
In a significant move, the Nigeria National Petroleum Company (NNPC) Limited has expressed its support for the decision made by the new administration to abolish petrol subsidy payments. President Bola Tinubu, in his…
The All Progressives Congress Presidential Campaign Council has announced that the incoming administration of Asiwaju Bola Tinubu will determine the date for the removal of the fuel subsidies in Nigeria. This was…
As Nigerians continue struggling to get the Premium of Motor Spirit better known as petrol, oil marketers have maintained that the price of the commodity may hit N800 per litre when the subsidy is removed from the…
The federal government has given reasons for why it is unable to end fuel subsidies. The removal of the gasoline subsidy makes a lot of economic sense, but it has no social justification, according to Femi Adesina,…
The Economic and Financial Crimes Commission says it has recovered over N13 billion as proceeds from oil illegal subsidy This was contained in a document obtained from the Nigeria Financial Intelligence Unit, NFIU…
By Dr. David B.A. Olufo Crimes cover-up had been the bane of good governance in Nigeria since the first post-military Constitution was enacted in 1979. Cover-ups were institutional, they were bare-faced, they were…
President Muhammadu Buhari has requested an additional provision of N2.557 trillion for petrol subsidy payments in 2022. The letter proposed the amendment of the 2022 budget. Senate President Ahmad Lawan read Buhari’s…
Nigerian National Petroleum Corporation (NNPC) Limited yesterday said there is sufficient stock of petrol to meet local demand, calling on the public to desist from panic buying of the Premium Motor Spirit (PMS), or…
It will cost N3trillion to fund petrol subsidy this year at N270 billion per month, the Federal Government said yesterday. This is based on the projection submitted by the Nigerian National Petroleum Company (NNPC)…
The National Economic Council, NEC, said yesterday that its decision on the removal of the subsidy on petroleum would be made in June when provision for its payment in the 2022 budget expires. NEC’s position came on a…
Going by the words of Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari, petrol will sell for between N320 and N340 per liter from February, next…
