Subsidy Drama: Why does Nigeria’s ‘Money saved’ feel like a scam?
In this episode, we look into the true impact of Nigeria's subsidy removal. Was it really about saving money or ...
Tag: subsidy
News and stories about subsidy
NNPCL owes oil traders $3 billion backlog for imported fuel – Report
Nigeria National Petroleum Commission (NNPC) owes around $3 billion to oil traders for imported petrol, according to a recent report ...
New hike in electricity tariff to reduce subsidy for 2024 by N1.14 trillion – NERC
The Nigerian Electricity Regulatory Commission (NERC) has stated that the newly approved electricity tariff is anticipated to cut down the ...
BIG READ: Low patronage sparks fear of job losses for petrol stations
The price of petrol skyrocketed from N187 to N500 per litre, and then to N617 and many motorists could no ...
Nigeria needs to get rid of these subsidies
Nigeria's subsidy currently cuts across different sectors, and the question is can Nigeria sustain it simultaneously in the face of ...
IMF expresses concerns on resurgence of fuel subsidies, forex, others
The IMF team held virtual meetings with the Nigerian authorities to discuss recent economic, financial developments and outlook.
Subsidy and PIB
Today, Oil prices are low, thus no need for the Federation to pay a part of your fuel bill, so ...
Reduction in PMS: A nod to the deregulation of the downstream sector?
The Presidency yesterday announced a reduction in the price of Premium Motor Spirit (PMS) to N125 from the current price ...
PMS subsidy rises to N47.5/litre
The Federal Government subsidy on Premium Motor Spirit, popularly known as petrol, has risen to N47.5 per liter, as the ...
Despite NNPC’s denial, a new fuel price regime appears imminent
dismissed reports that a new Petrol (Premium Motor Spirit) pump price is on the line.
