The World Bank has raised the alarm that Nigeria is facing an existential threat should it continue to pay trillions of naira on fuel subsidy in...
There is palpable fear among motorists and residents of Abuja over a fresh fuel scarcity as long queues for petrol have resurfaced in the nation’s capital....
…says it could pose debts sustainability problem Nigeria’s increasing fuel subsidy could pose debt sustainability issue for the country, the World Bank has said. The bank...
The Minister of Finance, Mrs Zainab Ahmed, has revealed how the Federal Government quietly removed the subsidy on electricity tariff. She said the government had to...
The International Monetary Fund has insisted that the Nigerian government is left with no option than to stop subsidising fuel if it must make remarkable progress...
The Nigerian National Petroleum Corporation (NNPC) has presented to the Federal Executive Council N3 trillion petrol subsidy bill for payment in 2022. This is coming after...
Senate President Ahmad Lawan has said President Muhammadu Buhari never directed the removal of petrol subsidy. He stated this after a meeting with Buhari at the...
The South-South chapter of the Coalition of Northern Groups has threatened to stage protests if the Federal Government goes ahead with plans to withdraw fuel subsidy...
Petrol will be sold between N320 and N340 per litre from February, next year when fuel subsidy is expected to have been eliminated, the Nigerian National...
A total of N541.65 billion was expended on petrol subsidy between February and July 2021, the Nigerian National Petroleum Corporation has said. This is contained in...
