Tag: petrol, subsidy, tinubu
Tinubu considering ‘temporary subsidy’ on petrol, no, its fake news -Ajayi
President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to soar, TheCable understands....
SERAP sues Tinubu over failure to publish spending details of N400bn fuel subsidy savings
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu over “the failure to publish spending details of...
Tinubu, Nigeria and the fuel subsidy albatross
By Temitope Ajayi The removal of fuel subsidy and the convergence of the foreign exchange markets, the two major policy objectives President Bola...
How subsidies are being manipulated for the rich-Falana
…Says corruption under PDP is child’s play to Buhari *CATALOGUE OF LOOTINGS IN NIGERIA Globally, subsidies, whether for food, transportation, energy...
Nigerias removal of subsidy taking toll on European refineries
One of Europe’s main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of...
Subsidy removal and Tinubu’s phantom palliatives
By Emeka Alex Duru (08054103327, nwaukpala@yahoo.com) A College roommate called from Germany, two days ago, to find out if the...
Subsidy removal:Tinubu writes NASS, seeks N500bn for palliatives
President Bola Ahmed Tinubu has written to the National Assembly seeking amendment to the 2022 supplementary appropriation Act to allow the Federal Government...
Buhari’s fuel subsidy confession and limits of hypocrisy
By Emeka Alex Duru (08054103327, nwaukpala@yahoo.com) Even out of office, President, Muhammadu Buhari, does not seem to be done with...
Subsidy and forex reforms: Nigeria may save N3.5trn or $5.10b in 2023 – World Bank
Nigeria could save up to N3.9 trillion or $5.10 billion this year alone after reforms to its foreign exchange market and the removal of a petrol subsidy, the...
NNPC spends N1.83 trn on fuel subsidy between January and May
Nigeria’s petrol subsidy cost state oil firm NNPC Ltd. N1.83 trillion or about $2.41 billion in the five months through May before the program was scrapped, a...
