BY JEROME-MARIO UTOMI It is common knowledge that the Nigeria Labour Congress (NLC) recently rejected the federal government’s proposed N5,000 grant for 40 million poor Nigerians when the subsidy on
Tag "Fuel subsidy"
“The subsidy regime in the [oil] sector remains unsustainable and economically disingenuous. Ahead of the target date of mid-2022 for the complete elimination of fuel subsidies, we are working with
The Nigeria Labour Congress (NLC) has rejected the proposed N5,000 for 40 million poor Nigerians when the subsidy on Petroleum Motor Spirit (PMS) is removed. Ayuba Wabba, president of the
Zainab Ahmed, minister of finance, budget and national planning, says the government can no longer sustain petrol subsidy payments which currently stand at about N250 billion monthly. Briefing state house
Nasir el-Rufai, governor of Kaduna, says Cameroon has closed down its refinery due to the cheap fuel they are getting
The World Bank on Tuesday released its November 2021 Nigeria Development Update, which showed — among other things — that
Zainab Ahmed, minister of finance, budget and national planning, says Nigeria will remove fuel subsidies by 2022 and replace them
Zainab Ahmed, minister of finance, says the federal government will pay Nigerians transport allowance after removing fuel subsidy. Speaking during
The total contribution of the Nigerian National Petroleum Corporation (NNPC) to the federation account dropped by N13 billion in September
The Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), says the annual subsidy on
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