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Tag "petrol subsidy"

Fayemi: Subsidy removal was necessary but the announcement was hastily done

    Fayemi: Subsidy removal was necessary but the announcement was hastily done

Kayode Fayemi, former governor of Ekiti state, says the announcement of petrol subsidy removal was “a little bit precipitous”. On May 29, 2023, President Bola Tinubu, in his inauguration speech,

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NNPC: We didn’t inflate petrol subsidy claims by N3.3trn

    NNPC: We didn’t inflate petrol subsidy claims by N3.3trn

The Nigerian National Petroleum Company (NNPC) Limited says it did not inflate petrol subsidy claims by N3.3 trillion. Reports had claimed that a forensic investigation revealed discrepancies in NNPC’s petrol

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Atiku: Funds being diverted through petrol subsidy… FG must come clean

    Atiku: Funds being diverted through petrol subsidy… FG must come clean

Former Vice-President Atiku Abubakar has accused President Bola Tinubu’s administration of diverting public funds through petrol subsidy. Abubakar also claimed that the federal government has refused to reveal how much

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‘No N5.4trn subsidy provision’ — FG says documents on fiscal policy proposals unofficial

    ‘No N5.4trn subsidy provision’ — FG says documents on fiscal policy proposals unofficial

The presidency says the two fiscal policy documents in circulation have not been approved by the federal government. According to the presidency on Thursday, the documents are still policy proposals

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Lokpobiri: Petrol subsidy is gone — but NNPC can intervene occasionally

  Lokpobiri: Petrol subsidy is gone — but NNPC can intervene occasionally

Heineken Lokpobiri, minister of state for petroleum resources (oil), says petrol subsidy has been scrapped but the Nigerian National Petroleum

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‘Fuel subsidy is gone’: One year after

  ‘Fuel subsidy is gone’: One year after

In a couple of days, President Bola Tinubu will address the nation, and we will hear the usual ‘fellow Nigerians’

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IMF to FG: Remove petrol, electricity subsidies once inflation subsides

  IMF to FG: Remove petrol, electricity subsidies once inflation subsides

The International Monetary Fund (IMF) has advised the federal government to remove petrol and electricity subsidies once the social protection

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Tinubu: Petrol subsidy removal necessary for Nigeria not to go bankrupt

  Tinubu: Petrol subsidy removal necessary for Nigeria not to go bankrupt

President Bola Tinubu says the removal of the petrol subsidy was necessary to prevent Nigeria from going bankrupt.  Tinubu had

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The chronic pains of delayed adjustments

  The chronic pains of delayed adjustments

I was filled with regrets after watching a documentary by the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN)

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Shettima: Petrol subsidy, multiple exchange rates were producing billionaires overnight

  Shettima: Petrol subsidy, multiple exchange rates were producing billionaires overnight

Vice-President Kashim Shettima says President Bola Tinubu ended petrol subsidy and multiple exchange rates in the official market because they

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