NNPC petrol discount is not return to subsidy — Oyedele
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has explained what the 30-day petrol discount introduced by the Nigerian…
petrol subsidy
Fuel subsidy is a mirage, petrol should sell for ₦687/litre — Expert
A Professor of Petroleum Engineering, Izielen Agbon, has dismissed fuel subsidy as a “mirage” and called for policies that would significantly bring…
Dangote Refinery subsidises petrol, diesel for Nigerians, official reveals
A senior management official of the Dangote Group on Monday revealed that the Dangote Petroleum Refinery has been subsidising the petrol and…
Subsidy removal pushes Nigeria’s poverty rate to 63% — Report
About 63 per cent of Nigerians fell below the poverty line after the removal of petrol subsidy, according to a new study…
Tinubu’s fuel subsidy removal was a grave economic blunder — Falana
Senior Advocate of Nigeria, Femi Falana, has criticized President Bola Tinubu’s decision to remove fuel subsidy, stating that the policy has worsened…
Nigeria petrol subsidy nears N1tn
By Melvin Onwubuke Petrol subsidy in Nigeria has reportedly returned and now higher than before President Bola Tinubu stopped the costly practice…
Fuel queues won’t exceed Saturday, says Kyari
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has stated that fuel queues being witnessed…
Subsidy: Oil marketers request transition plan against handing over
Oil marketers have requested that the government of Nigeria establish a plan to transition away from fuel subsidy following handing over…
NNPCL PMS pump price rises above N184/ltr
The Nigerian National Petroleum Company Limited, on Thursday, increased the pump price of Premium Motor Spirit at its filling stations in Abuja…
NGF says subsidy’ll affect payment of salaries
The Nigeria Governors’ Forum has said that rising subsidies on petroleum products now place a huge financial burden on the states and…
Reps reject dirty fuel probe report, panel exonerates NNPC
The House of Representatives, on Wednesday, dismissed the report of its Committee on Petroleum Resources (Downstream) which investigated the importation of adulterated…
Reps give NNPC two-week ultimatum to defend N3tn debt
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has given the Nigerian…