Commuters in some parts of Lagos had to pay more to get to their destinations on Tuesday, following President Bola Tinubu’s pronouncement that “petrol subsidy is gone”. Soon after the
Tag "Petrol subsidy removal"
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has urged oil marketers to keep their retail outlets open to customers. Speaking to journalists on Monday, Farouk Ahmed, the authority’s
The Nigeria National Petroleum Company (NNPC) Limited says it supports the decision of the new administration to scrap petrol subsidy payments. In his inaugural speech on Monday, President Bola Tinubu
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the resurgence of queues in parts of the country is caused by panic buying by Nigerians. TheCable had reported that queues
Zainab Ahmed, minister of finance, budget and national planning, says the federal government has no plans of suspending the removal
The federal government, on April 5, 2023, announced that it secured the sum of $800 million from the World Bank
Oyeyemi Kale, partner and chief economist of KPMG Nigeria, says a holistic and well-phased approach is needed for petrol subsidy
Clem Agba, minister of state for budget and national planning, says relevant committees on post-petrol subsidy palliative measures have not
The World Bank says the current petrol subsidy regime poses an “existential threat” to Nigeria. According to PUNCH, Rajul Awasthi,
The Nigeria Labour Congress (NLC) has suspended its planned nationwide protest over petrol subsidy removal. The protests had been scheduled
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