Tag
FUEL SUBSIDY
News and analysis about fuel subsidy
The Federal Government has said that it will make provision for petrol subsidy as part of its expenditure...
The Federal Government has said that the state-owned oil firm, the Nigerian National Petroleum Corporation (NNPC) is set...
The exchange rate, fuel subsidy, and power sector have been identified as three key areas that need structural...
The Federal Government has explained why it is still paying fuel subsidy and has delayed the implementation of...
In a game of musical chairs, somebody will eventually lose a seat - Nigerians and Nigeria have lost their seat in this subsidy game.
The fuel subsidy removal extension has clearly disrupted months of expected fuel deregulation.
The NBS revealed that the National Average price/litre of petrol was N172.68 in March 2021 compared to N145.40 in March 2020.
Reports indicate that the FG plans to spend N720 billion for the next 6 months on Premium Motor Spirit (PMS) subsidies.
Minister of State for Petroleum has said that subsidy is one of the reasons why refineries are not functioning optimally.
The FG has insisted that its policy on the removal of subsidies on fuel and electricity in the 2021 budget remains.
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.