President Bola Ahmed Tinubu has written to the House of Representatives, requesting the approval of N500 billion to cushion the effects of fuel subsidy removal.
Tag: Subsidy
Subsidy removal: FG saves N400bn in four weeks
The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since
Subsidy removal: Will Dangote Refinery give Nigerians cheaper fuel?
The announcement on the removal of petrol subsidy by President Bola Tinubu was greeted with mixed reactions from various stakeholders. In the midst of this
Over $56bn lost to oil theft, subsidy – Presidency panel
Nigeria lost $46.16bn to crude oil theft between 2009 and 2020, while it lost $10.7bn annually to subsidy on Premium Motor Spirit, popularly called petrol,
NNPC FRAUD OF THE CENTURY: BEHOLD FACE OF FAKE FUEL SUBSIDY UNMASKED
By Chris Paul Otaigbekrisval126@gmail.com. 08185591375 If you thought Godwin Emefiele’s stealing of the Stamp Duty trillions was the mother of all corruption, the GRAND FATHER
Probe $2.1bn, N3.1tn subsidy fraud, SERAP tells Tinubu
Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to probe the $2.1bn and N3.1tn subsidy payments allegedly missing and unaccounted for between 2016
Subsidy: Food prices, others soar as Labour mobilises for strike
The prices of major foodstuffs and other essential goods have started rising in response to the hike in the pump price of Premium Motor Spirit, popularly
Benin residents block major ways over Petrol Price Hike
Some residents of Edo state have blocked the Benin-Lagos highway and other areas in Benin metropolis following the increase in the pump price of Premium
FG, Labour meeting deadlocked as fuel price hits over N700/litre
Talks between the Federal Government and organised labour over the removal of fuel subsidy ended in a deadlock on Wednesday as they failed to reach
Fuel price hits N680 per litre in Abia
Pump price of Premium Motor Spirit, PMS, is now selling for between N600 and N680 per litre at different petrol stations where the product is