The President's aide questioned how many Nigerians have cars or generators in their homes that will require fuel.
The NLC has given the Federal Government a two week ultimatum or it will embark on a nationwide strike.
The Minister noted that the removal of fuel subsidy will save Nigeria up to a trillion every year.
President Buhari has today reiterated the need to do away with fuel subsidy.
“After a review of prevailing market fundamentals in the month of May and considering marketers realistic operating costs as much as practicable, we wish to advise...
“As a nation, we cannot afford to continue relying on the world for our food, education, and healthcare.” said Godwin Emefiele.
The Federal Government of Nigeria is really experiencing a serious revenue crisis which is now being exacerbated by the increasing cost of fuel subsidy.
The IMF has reiterated the need for Nigeria and other countries that still retain the policy of subsiding fuel to put an end to it..
The Government has been urged to discontinue its subsidy schemes for fuel and FOREX. The Association of Bureaux De Change Operators of Nigeria (ABCON) believes that...
The Nigerian National Petroleum Corporation (NNPC) spent a total of N771, 391,262,249 to ensure that the pump price of petrol stayed at N145 per litre as...