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Tag "petrol subsidy"

Sanusi to Nigerians: Don’t vote anyone who says it’ll be easy

    Sanusi to Nigerians: Don’t vote anyone who says it’ll be easy

Muhammadu Sanusi II, the former Emir of Kano, says Nigerians should not vote for any politician who claims that everything will be easy once elected. Speaking on Saturday at the

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Buhari: Petrol subsidy will end by 2023 — it’s unsustainable

    Buhari: Petrol subsidy will end by 2023 — it’s unsustainable

President Muhammadu Buhari has affirmed that the costly petrol subsidy will end by 2023. Buhari said this on Friday during the presentation of the proposed 2023 budget to the national

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EXCLUSIVE: NNPC declares zero FAAC remittance for eighth time as subsidy gulps N2.6trn

    EXCLUSIVE: NNPC declares zero FAAC remittance for eighth time as subsidy gulps N2.6trn

The Nigerian National Petroleum Company (NNPC) Limited says it deducted N525.71 billion as a shortfall for the importation of petrol (subsidy) in August 2022. Subsidy or under-recovery is the underpriced

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Sowore: I won’t remove petrol subsidy — but I’ll ensure refineries work if elected

    Sowore: I won’t remove petrol subsidy — but I’ll ensure refineries work if elected

Omoyele Sowore, presidential candidate of the African Action Congress (AAC), says he will not remove the costly petrol subsidy if elected president. Sowore spoke on Arise TV’s Global Business Report,

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AAC to NLC: Withdraw support for Obi — he’s against workers

  AAC to NLC: Withdraw support for Obi — he’s against workers

The African Action Congress (AAC) has asked the Nigeria Labour Congress (NLC) to withdraw its support for the candidature of

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Functional refineries will address problem of petrol subsidy, NLC replies APC campaign

  Functional refineries will address problem of petrol subsidy, NLC replies APC campaign

The Nigeria Labour Congress (NLC) says if the country has functional refineries, the problems associated to payment of petrol subsidy

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Petrol subsidy: FG avoiding the problem by postponing decision, says Atedo Peterside

  Petrol subsidy: FG avoiding the problem by postponing decision, says Atedo Peterside

Atedo Peterside, the founder of Stanbic IBTC Bank Plc, says the administration of President Muhammadu Buhari is “dragging its feet”

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NEITI: Nigeria spent over N13trn on petrol subsidy in 15 years

  NEITI: Nigeria spent over N13trn on petrol subsidy in 15 years

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the country spent N13.7 trillion ($74.386 billion) on petrol subsidy payments from

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Suspension of 5% excise duty on telecom services will affect 2023 budget, says Akabueze

  Suspension of 5% excise duty on telecom services will affect 2023 budget, says Akabueze

Ben Akabueze, director-general of the budget office of the federation, says the suspension of the five percent excise duty on

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Nigeria’s petrol subsidy payments hit N2.04trn in seven months

  Nigeria’s petrol subsidy payments hit N2.04trn in seven months

The Nigerian National Petroleum Company (NNPC) Limited says it deducted N448.78 billion in July to cater for subsidy payments. The

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