Following the announcement of fuel subsidy removal by President Bola Tinubu in his inaugural speech on Monday, fuel queues have returned to filling stations in Ilorin metropolis. A correspondent of News Agency of Nigeria (NAN), who went round the town on Monday evening, reports that most filling stations were...
fuel subsidy removal
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working with the NNPC Ltd. and other stakeholders to guarantee a smooth transition following the removal of fuel subsidy. The News Agency of Nigeria (NAN) reports that President Bola Tinubu, in his inaugural speech on Monday, said...
Some labour leaders say there is a need for all stakeholders in the sector, including government, to analyse the issue of fuel subsidy removal mentioned by the new President, Mr Bola Tinubu, in his inaugural speech. Tinubu, on taking office on Monday, said that the budget in place before...
By DAVID IORJA, Abuja – President Bola Ahmed Tinubu has appealed to Nigerians to burry political differences and join him in a new journey of healing, nation-building and economic prosperity. In his inaugural address after taking the oaths of office and allegiance administered by the Chief Justice of Nigeria...
The Kaduna State Governor Malam Nasir El-Rufai and his Anambra counterpart, Prof. Charles Soludo, have urged the Federal Government to end the fuel subsidy regime which has negatively affected Nigeria’s economy. The governors made the call on Tuesday in Abuja during a panel session at the policy conversation on...
The Organised Labour have described the Federal Government’s decision to suspend the removal of fuel subsidy as the “best option”. Mr Benson Upah, Head of Information, Nigeria Labour Congress (NLC) said this to newsmen while reacting to the recent suspension of the subsidy removal by the Federal Government on Thursday...
Nigeria may have to continue to borrow due to the suspension of the removal of fuel subsidy, the presidency said on Wednesday. The President’s Special Adviser on Media and Publicity, Femi Adesina, stated this during an interview on Channels Television’s breakfast programme, Sunrise Daily. “Head or tail, Nigeria will...
Former Head of State Abdulsalami Abubakar on Thursday raised concerns over the removal of fuel subsidy. General Abdulsalami, who was speaking at the 19th Daily Trust Summit in Abuja, said the country is facing challenges on multiple fronts and a fuel subsidy removal will only compound the situation. The...
The National Association of Nigeria Students (NANS) has warned the Federal Government Against removing subsidies on petroleum products. Zainab Ahmed, the Minister of Finance, Budget, and National Planning, had on Wednesday announced that the government would remove fuel subsidy in June 2022 and replace it with a monthly N5,000...