Fuel subsidy: To be or not to be?
The fuel subsidy removal extension has clearly disrupted months of expected fuel deregulation.
Tag: Fuel Subsidy
News and analysis about fuel subsidy
Lagos State residents paid highest price for petrol in March 2021 – NBS
The NBS revealed that the National Average price/litre of petrol was N172.68 in March 2021 compared to N145.40 in March 2020.
FG to extend fuel subsidy for 6 months
Reports indicate that the FG plans to spend N720 billion for the next 6 months on Premium Motor Spirit (PMS) ...
It is better to privatise a functioning refinery than a non-functioning one – Minister
Minister of State for Petroleum has said that subsidy is one of the reasons why refineries are not functioning optimally.
FG insists on no petrol, electricity subsidies in 2021
The FG has insisted that its policy on the removal of subsidies on fuel and electricity in the 2021 budget ...
Presidency questions how many Nigerians have cars, generators, defends fuel price hike
The President's aide questioned how many Nigerians have cars or generators in their homes that will require fuel.
Labour sets September 30th as deadline to go on strike
The NLC has given the Federal Government a two week ultimatum or it will embark on a nationwide strike.
FG to save N1 trillion annually from petrol subsidy removal
The Minister noted that the removal of fuel subsidy will save Nigeria up to a trillion every year.
Buhari says there is no provision for fuel subsidy in revised 2020 budget
President Buhari has today reiterated the need to do away with fuel subsidy.
PPPRA reduces petrol price to N121.50 per litre
“After a review of prevailing market fundamentals in the month of May and considering marketers realistic operating costs as much ...
