Fuel Subsidy: Oshiomhole Rules Out Return To N194/liter Price
Adams Oshiomhole, a senator-elect and former governor of Edo State, has ruled out the prospect of the federal government reducing the price of gasoline from N488 to N557 per liter…
Adams Oshiomhole, a senator-elect and former governor of Edo State, has ruled out the prospect of the federal government reducing the price of gasoline from N488 to N557 per liter…
Over the years, the National Labour Congress (NLC) has called into question the distribution of fuel subsidies and demanded that the recipients of the funds be made public. According to…
According to Vice President Kashim Shettima, the Muhammadu Buhari administration spent $10 billion on fuel subsidies in 2022. He claimed that because gasoline subsidies have detrimental effects on the entire…
According to President Bola Tinubu, neither the announcement of the withdrawal of the fuel subsidy nor the action taken by his administration are fresh developments. Following the lengthy lines at…
Oil subsidy will be eliminated, and the money will instead be directed to other areas of the economy, according to President Bola Ahmed Tinubu. According to Newsmen, Tinubu made this…
Boss Mustapha, the Secretary to the Government of the Federation, stated that the nation spent N13 trillion on subsidy payments between 2005 and 2021 notwithstanding the controversy surrounding the elimination…
According to the Federal Government, between 2005 and 2021, N13 trillion was spent on petrol subsidies. From 2009 to 2020, however, N16.3 trillion was lost to oil theft, the government…
The federal government stated that no agreement had been reached with state governors on fuel subsidy palliatives. Clem Agba, Minister of State for Budget and National Planning, told State House…
The Federal Government stated on Wednesday that it has not yet coordinated efforts with states to implement palliative measures before the deadline of June 2023 for the end of fuel…
The Federal Government has been encouraged by the International Monetary Fund to fulfil its pledge to end fuel subsidies by the middle of 2023. According to the IMF, in order…