Tag
FUEL SUBSIDY
News and analysis about fuel subsidy
On Wednesday, October 5, the Organization of Petroleum Exporting Countries (OPEC+) agreed on a 2 million barrels per...
The Federal Budget Office has advised Nigeria’s government to suspend salary increases for government agencies and eliminate the fuel subsidy to avert a debt crisis.
In the face of declining foreign exchange inflows and declining oil production, the naira fell to a record...
Nigeria's petrol subsidy payments is set to rise further to a little over N4 trillion.
Economists are of a consensus that there would be a spike in the cost of living if the government were to remove fuel subsidy today.
NNPC Ltd has reacted to allegations of Nigeria spending way too much on litres of subsidized fuel, stating...
The House of Reps has summoned the Auditor General of the Federation over documentary evidence on the audit carried out on the monies spent on fuel subsidy.
Nigerian governors advised President Buhari on a few measures to take to rescue the country's economy.
Peter Obi has insisted that Nigeria must end the criminality of fuel subsidy and focus on instruments of job creation and regenerative investments.
The Federal Government of Nigeria has assured Nigerians that despite the persisting fuel queues in the nation’s capital, it is still subsidizing petrol prices.
Atiku Abubakar, the presidential candidate of the People's Democratic Party has stated that Nigeria’s fuel subsidy removal is inevitable...
The Nigerian Government has announced that assumes that the subsidy on petrol is estimated at N6.72 trillion for full-year 2023...