The Nigerian National Petroleum Corporation (NNPC) says it spent N541.65 billion on petrol subsidy between February and July 2021. This is according to a document detailing the national oil company’s
Tag "Subsidy"
The Nigerian National Petroleum Corporation (NNPC) says it will deduct N170.4 billion from July remittance to the federation account and allocation committee (FAAC) — due in August. In recent months,
The Department of Petroleum Resources (DPR), on Tuesday, clarified its comment projecting a hike in the pump price of premium motor spirit (PMS), better known as petrol. Sarki Auwalu, DPR
Timipre Sylva, minister of state for petroleum resources, says the federal government will soon halt the current subsidy regime for premium motor spirit (PMS), better known as petrol. Sylva said
The Nigerian National Petroleum Corporation (NNPC) says the zero revenue projection for May pertains only to the federation revenue stream
The 36 state governors are scheduled to hold a meeting on Wednesday to discuss matters relating to fuel subsidy and
Stuart Symington, US ambassador to Nigeria, has advised the federal government to get rid of fuel subsidy. The advice is
Shehu Sani, senator representing Kaduna central, says as minister of petroleum resources, President Muhammadu Buhari should have addressed fuel subsidy
The senate has approved a sum of N129.4 billion as payment to oil marketers importing refined crude into the country.
The federal government says it is yet to devise a workable formula for the removal of fuel subsidy. Speaking at
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