Muhammadu Sanusi II, former Emir of Kano, says payment of fuel subsidy by the federal government is a “scam”, saying some people in power are making billions out of it.
Tag "Fuel subsidy"
The Department of Petroleum Resources (DPR) says the pump price of petrol in Nigeria may rise to N1,000 per litre when the petrol subsidy regime ends without an alternative energy
Bismarck Rewane, managing director, Financial Derivatives Company (FDC) Limited, says the devaluation of the naira will push fuel subsidy to N7.1 billion per day. In May, TheCable had reported that the
Zainab Ahmed, minister of finance, budget and national planning, says the federal government should completely end fuel subsidy. In 2019, the federal government set aside N305 billion for fuel subsidy
The Nigerian National Petroleum Corporation (NNPC) says it will maintain the current ex-depot price of premium motor spirit (PMS), better
The report that the price of petrol may go up to N234 per litre soon as the federal government says
Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the company cannot continue to bear
The federal government has forewarned Nigerians to get ready to bear the pains of increased petrol pump price as crude
Timipre Sylva, the minister of state for petroleum resources, says the federal government has not totally removed subsidy on petrol.
Lai Mohammed, minister of information and culture, says the increase in the price of fuel and electricity tariff will benefit
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