fuel subsidy

Keyamo: FG now relies on Customs, FIRS revenue to pay salaries

Minister of State for Labour, Festus Keyamo, says the Federal Government now relies on the revenue from Customs, Federal Inland…

3 years ago
Fuel subsidy a threat to Nigeria’s survival – World BankFuel subsidy a threat to Nigeria’s survival – World Bank

Fuel subsidy a threat to Nigeria’s survival – World Bank

The World Bank has raised the alarm that Nigeria is facing an existential threat should it continue to pay trillions…

3 years ago
Fresh fuel scarcity hits Abuja, long queues at filling stationsFresh fuel scarcity hits Abuja, long queues at filling stations

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 subsidyWorld Bank warns Nigeria about rising fuel subsidy

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

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 rateIMF insists on removal of fuel subsidy, official exchange rate

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  NNPC presents N3tn petrol subsidy bill to FEC for 2022  

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

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 protestsNorthern groups kick against fuel subsidy withdrawal, plan protests

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

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