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A chieftain of the ruling All Progressives Congress, Ahmed Lawan, has condemned the President, Muhammadu Buhari’s request for an additional N3.557 trillion for fuel subsidy. Lawan,...
President Muhammadu Buhari has requested the approval of N4 trillion as payments for petrol subsidy payments in 2022. The president said this in a letter addressed...
The Minister of Finance, Mrs. Zainab Ahmed, has revealed how the Federal Government quietly removed the subsidy on electricity tariff. She said the government had to...
The rising prices of crude oil since the Russia-Ukraine war began, coupled with exchange rate instability in Nigeria, among others, have pushed up the prices of...
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...
In 2022, President Muhammadu Buhari has asked for an additional N2.557 trillion in funding for petrol subsidy payments. In a letter to the national assembly, the...
Following the Federal Government’s decision to continue subsidizing Premium Motor Spirit, often known as gasoline, the Nigerian National Petroleum Company Limited may deduct nearly N1 trillion...
According to the Federal Government, it is proposing to extend the implementation period for subsidy removal by another 18 months. Timipre Sylva, Minister of State for...
The landing cost of Premium Motor Spirit being imported into Nigeria surged by more than 60 per cent between December 2020 and mid-June this year, although...
Marketers have said with the current realities in the global crude oil markets, the price of Premium Motor Spirit (petrol) in Nigeria should be between N185...
