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President Muhammadu Buhari has affirmed that the costly petrol subsidy will end by 2023. Buhari said this on Friday during the presentation of the proposed 2023...
The Nigerian Economic Summit Group and oil marketers, under the umbrella of the Petroleum Retail Outlet Owners Association of Nigeria, are worried about an impending fiscal...
The minister of information and culture, Lai Mohammed, in an interview on Monday, said it is the wrong time to remove the costly petrol subsidy. Subsidy...
Following the Federal Government’s plan to extend the fuel subsidy regime by 18 months, the International Monetary Fund has said Nigeria will likely depend on overdrafts...
The federal government has postponed the planned petrol subsidy removal till further notice due to “high inflation and economic hardship”. Subsidy or under-recovery is the underpriced...
The Federal Government may soon end the fuel subsidy regime with the signing of the Petroleum Industry Bill by the President, Major General Muhammadu Buhari (retd.),...
The Federal Government is going to consult widely before halting subsidy on Premium Motor Spirit, popularly called petrol, the Nigerian National Petroleum Corporation has said. On...
