President Muhammadu Buhari says it is irresponsible to keep borrowing money to subside the generation and distribution of electricity. Buhari, who was represented at the first-year ministerial performance assessment retreat
Tag "petrol subsidy"
Vice-President Yemi Osinbajo says petrol could sell for N220 or more if the government removes subsidy on the product. Osinbajo said this on Friday during the vice-presidential debate organised by
The National Economic Council (NEC) and the Federation Allocation Accounts Committee (FAAC) approved the Nigerian National Petroleum Corporation’s (NNPC) use of Nigeria Liqueifed Natural Gas (NLNG) dividends for financing petrol
The federal government will have to pay N40.70 for every litre of imported petrol to maintain retail price at N145 per litre. Maikanti Baru, group managing director of the Nigerian
The Nigerian National Petroleum Corporation (NNPC) has been offsetting for months the difference between the landing costs of petrol and
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