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Musings on subsidy removal

    Musings on subsidy removal

BY MICHEAL BUNUJU When subsidy on premium motor spirit (petrol) started in Nigeria in the 1970s as a response to the oil shock of 1973, the idea was to cushion

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Rising unemployment and inflation: The fallout of Nigeria’s subsidy removal

    Rising unemployment and inflation: The fallout of Nigeria’s subsidy removal

BY OMOJO WADA Consider the wonderful purpose of subsidies, a kind gesture that allows individuals and businesses access to petrol, an essential treasure, despite limited resources. However, in this tale,

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Here’s what Tinubu’s speech means for the naira and petrol pump price

    Here’s what Tinubu’s speech means for the naira and petrol pump price

I hear you have questions. So do I. What does fuel subsidy removal really mean today? How much will a litre of petrol sell for? Does Dangote Refinery make any

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Petrol price should be N400 a litre after subsidy removal, says PENGASSAN

    Petrol price should be N400 a litre after subsidy removal, says PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says the pump price of premium motor spirit (PMS), also called petrol, should be between N360 and N400 a

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‘We have 1.8bn litres in stock’ — NNPC assures Nigerians of availability of petrol

  ‘We have 1.8bn litres in stock’ — NNPC assures Nigerians of availability of petrol

The Nigerian National Petroleum Company (NNPC) Limited says it has 1.805 billion litres of petrol in stock.  Garba Deen Muhammad,

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We’ll make sure petrol is available during elections, NNPC assures INEC

  We’ll make sure petrol is available during elections, NNPC assures INEC

The Nigerian National Petroleum Company (NNPC) Limited says it will ensure the availability of petrol during elections. Since February 2022,

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ZLP presidential candidate: Nigerians will buy petrol for N100 per litre if I’m elected

  ZLP presidential candidate: Nigerians will buy petrol for N100 per litre if I’m elected

Dan Nwanyanwu, the presidential candidate of the Zenith Labour Party (ZLP), says if elected, he will ensure petrol sells at

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Reps to security agencies: Fish out marketers, saboteurs responsible for petrol scarcity

  Reps to security agencies: Fish out marketers, saboteurs responsible for petrol scarcity

The house of representatives has asked the Nigerian National Petroleum Company (NNPC) Limited to “urgently ease off” queues in filling

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‘It’s not yet time’ — FG denies hiking petrol price

  ‘It’s not yet time’ — FG denies hiking petrol price

The federal government has denied increasing the price of premium motor spirit, also called petrol. Timipre Sylva, minister of state

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NSCDC operatives seize N4m worth of petrol from vandals in Lagos

  NSCDC operatives seize N4m worth of petrol from vandals in Lagos

Nigeria Security and Civil Defence Corps (NSCDC) says it has recovered 21,600 litres of premium motor spirit (PMS), also called

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