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Nigeria Has Been Borrowing To Fund Fuel Subsidy — Finance Minister

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...Subsidy to remain until mid 2023. Nigeria’s minister of finance, Budget and national planning, Mrs. Zainab Ahmed, has confessed that, all the while, the country...
No Going Back on Petrol, Electricity Subsidies – FG Insists

No Going Back on Petrol, Electricity Subsidies – FG Insists

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The Federal Government has said that it does not have any plan of rescinding its policy on subsidy removal on Premium Motor Spirit (PMS),...
Automobile Owners to Pay N250,000 for Conversion from Fuel to Autogas, FG Says

Nigeria to Save ₦1trn Annually from Subsidy Removal – Sylva

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         …Says subsidy Removal to Create Massive Jobs The Minister of State for Petroleum Resources, Mr Timipre Sylva has said that the Federal Government’s decision...
‘Nigeria May Lose N1.2trn Oil Revenue to Non-Compliance to Fiscal Incentive Package’

Why Past Governments Failed to Remove Fuel Subsidy ― Presidency

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The Presidency has said that despite the fact that subsidy removal has long been acknowledged as the right thing to do, previous administrations for...
Nigeria Spent N10.413 Trillion on Fuel Subsidy in 13 Years – Lai Mohammed

Nigeria Spent N10.413 Trillion on Fuel Subsidy in 13 Years –...

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The Federal Government of Nigeria has disclosed that the country spent N10.413 trillion on fuel subsidy in the last 13 years (2006-2019). The Minister of...

Senate to probe diversion of NLNG dividends – Saraki

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The Senate President, Dr. Abubakar Bukola Saraki, has said that the Senate on resumption of plenary will further probe the claims by the NNPC,...