The International Monetary Fund (IMF) has called for a probe of Nigerian National Petroleum Company’s details on fuel subsidy and its financial remittance to the federation....
Minister of Finance, Budget and National Planning, Zainab Ahmed, has expressed worry that the huge money being expended on fuel subsidy is putting enormous pressure on...
The Independent Petroleum Marketers Association of Nigeria has responded to comments by the former Emir of Kano, Alhaji Muhammad Sanusi II, and the Kaduna State Governor,...
President Muhammadu Buhari has proposed N3.6 trillion to fund fuel subsidy for the first half of the year 2023. Buhari said this during the official presentation...
The Nigerian National Petroleum Company Limited (NNPCL) has not remitted any amount to the federation account since the beginning of this year as the company’s deduction...
… says Nigeria subsidising for neighbouring countries NNPC extends DSDP to avert fuel scarcity during Christmas. THE House of Representatives on Monday raised the alarm over...
Minister of State for Labour, Festus Keyamo, says the Federal Government now relies on the revenue from Customs, Federal Inland Revenue Service (FIRS) and others to...
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...
