The presidential candidate of the All Progressives Congress (APC), Bola Tinubu says the oil subsidy regime should be totally removed in Nigeria. Though he stated that...
The spokesman of the All Progressives Congress (APC) Presidential Campaign Council, Festus Keyamo, has challenged the Nigeria Labour Congress to declare its stance on fuel subsidy....
The presidential candidate of the Labour Party (LP), Peter Obi has described the fuel subsidy regime in Nigeria as an organized crime. He also called on...
After nabbing illegal oil traders from different locations and operations across the country, statistics show that Nigerian security agencies recovered crude oil worth N86.2bn in August...
The Minister of State for Labour and Employment, Festus Keyamo, has said the plans to remove fuel subsidy will start in 2023. Naija News reports that...
The World Bank has assisted Nigeria with the sum of $8.5 billion to address some critical issues bedevilling the country. The international financial institution said it...
The Presidential candidate of the Labour Party (LP), Peter Obi, has vowed to remove the controversial fuel subsidy if elected as president in 2023. Naija News...
The late Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, on Tuesday, spoke on the controversial fuel subsidy. Naija News understands that Barkindo,...
The Muhammadu Buhari Government has disclosed the reason it cannot remove the controversial petrol subsidy. In an interview with Reuters on Monday, the Minister of Information and...
Oil sector operators have revealed that the amount spent as subsidy by the Federal Government on every litre of Premium Motor Spirit, popularly called petrol, consumed...
The Nigerian government has been admonished to divert money spent on fuel subsidies into other sectors that will profit the country. The World Bank observed in...
The International Monetary Fund (IMF) on Monday warned the total expenditure on subsidy might hit a record N6 trillion mark by the end of the year...
The importation of petrol by the Nigerian National Petroleum Company (NNPC) Limited in April gulped N271.13 billion. The national oil company made this known in its monthly...
Data from the Central Bank of Nigeria (CBN) has shown how the fuel pump price increased by 91% in six years. From December 2015 to December...
The Nigerian National Petroleum Company Limited, NNPC has revealed there was a huge increase in money spent on fuel subsidy between March 2021 to this same...
The Nigerian National Petroleum Company Limited (NNPCL) says the fuel subsidy between January and March 2022 has risen to N675.93bn. Naija News reports that the national...
Some economic experts have said that Nigeria’s economy cannot withstand the current adjustment of fuel subsidy to N4trillion by the Federal Government. According to the experts,...
Former Kaduna Central lawmaker, Senator Shehu Sani has reacted to the N4trn approval by the National Assembly for petrol subsidy in Nigeria. His reaction comes after...
The House of Representatives on Thursday approved the N4 trillion for subsidy payment on Premium Motor Spirit (PMS) popularly known as petrol as requested by President Muhammadu...
The Nigerian National Petroleum Company (NNPC) Limited has announced the deduction of N328 billion from state governments’ monthly contribution to the federal account for April 2022. The...