Yakubu Gowon, a former military head of state, says Nigeria would not be dependent on fuel imports if plans by his administration to build five refineries had succeeded. Nigeria currently
Tag "Subsidy"
Femi Otedola, billionaire businessman, has disclosed how the Department of State Services (DSS) gave him the $500,000 he offered to Farouk Lawan, a former lawmaker. According to NAN, Otedola disclosed this before
President Muhammadu Buhari says the federal government has set aside N305 billion or $1 billion for fuel subsidy payments in the 2019 budget. Speaking to the joint session of the
The Depot and Petroleum Products Marketers Association (DAPPMA) says 60% of marketers have been forced out of business as a result of unpaid subsidy arrears by the federal government. Speaking to
The federal government is yet to pay over N300 billion subsidy claims of major oil marketers for fuel imports between
The federal government has paid N48.2 billion outstanding subsidy arrears to oil marketers. Kemi Adeosun, minister of finance, disclosed this on Tuesday.
To the surprise of a large percentage of even the best of analysts, the federal government finally “liberalised” the pricing of petrol
With the open market price of premium motor spirit (PMS) rising to N92.34, the federal government has returned to petroleum subsidy,
The Nigerian National Petroleum Corporation (NNPC) says it would eliminate corrupt practices in the management of petroleum subsidy in three
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has called on federal government as led by President Muhammadu Buhari to
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