fuel subsidy

Fresh fuel scarcity hits Abuja, long queues at filling stations

There is palpable fear among motorists and residents of Abuja over a fresh fuel scarcity as long queues for petrol…

3 years ago

World Bank warns Nigeria about rising fuel subsidy

...says it could pose debts sustainability problem Nigeria’s increasing fuel subsidy could pose debt sustainability issue for the country, the…

3 years ago

We’ve quietly removed electricity subsidy, fuel subsidy to follow – FG

The Minister of Finance, Mrs Zainab Ahmed, has revealed how the Federal Government quietly removed the subsidy on electricity tariff.…

3 years ago

IMF insists on removal of fuel subsidy, official exchange rate

The International Monetary Fund has insisted that the Nigerian government is left with no option than to stop subsidising fuel…

3 years ago

NNPC presents N3tn petrol subsidy bill to FEC for 2022

The Nigerian National Petroleum Corporation (NNPC) has presented to the Federal Executive Council N3 trillion petrol subsidy bill for payment…

3 years ago

Lawan discusses fuel subsidy with Buhari, says President didn’t order removal

Senate President Ahmad Lawan has said President Muhammadu Buhari never directed the removal of petrol subsidy. He stated this after…

3 years ago

Northern groups kick against fuel subsidy withdrawal, plan protests

The South-South chapter of the Coalition of Northern Groups has threatened to stage protests if the Federal Government goes ahead…

3 years ago

TUC kicks as NNPC says petrol subsidy ends in Feb, petrol to sell @ N340/l

Petrol will be sold between N320 and N340 per litre from February, next year when fuel subsidy is expected to…

3 years ago

Petrol subsidy gulped N541bn in six months – NNPC

A total of N541.65 billion was expended on petrol subsidy between February and July 2021, the Nigerian National Petroleum Corporation…

3 years ago

PIB: Fuel subsidy stays for now, says petroleum minister

Sylva to speak on subsidy, NNPC unbundling today Minister of State for Petroleum Resources Timipre Sylva has said fuel subsidy…

3 years ago