Tag: imf, subsidy
Again IMF wants fuel subsidy removed
…Says public finance has elevated fiscal deficits and high debt servicing costs The International Monetary Fund (IMF) has again raised concerns about petrol...
Removal of subsidy: Fuel will cost N462 per litre
There are indications that PMS otherwise known as Petrol cost will rise to as much as N462 per litre when the Federal Government eventually removes subsidy by...
Time to end fuel subsidy fraud in Nigeria
By Kazeem Akintunde Hameed Ali, a retired colonel, who heads the Nigeria Customs Service, last week appeared before the House of Representative Committee...
Suspension of subsidy removal : Nigerians should be ready to pay a price– Presidency.
Nigeria’s borrowing spree may have to continue as the only viable alternative to suspension of subsidy removal. The Presidency made this stand known on...
Remove subsidy, face uprising- Falana tells FG
A Senior Advocate of Nigeria, Femi Falana, on Monday, warned the regime of President Muhammadu Buhari, to drop the plan to remove subsidy on petroleum products....
Fuel subsidy removal will lead to stable economy- Onafowokan
The Managing Director of Coleman Wires and Cables, Mr. George Onafowokan has said that the best way to improve business environment in Nigeria is to remove fuel...
.Petrol may sell for N340 per litre as govs ready to support fuel subsidy removal – El-Rufai
The Governor of Kaduna State, Malam Nasir El-Rufai, says state governments are ready to support the Federal Government in the elimination of fuel subsidy...
Subsidy: No oil money to share at FAAC anymore, we’re broke says NNPC
From this month,the Nigerian National Petroleum Corporation would not make any remittance to the Federation Account Allocation Committee (FAC) in the month of May...
Subsidy: FG spent N8.9trn between 2006/2015
Nigeria spent a total of N8.94 trillion on oil subsidy between 2006 and 2015,the nations Petroleum and Product Marketing Company (PPMC) has disclosed. The agency...
FG has spent N10.78tn on subsidy in 14 years
…May not reverse new fuel, electricity price regime • No going back on protest, says TUC Organised labour and Nigerians may have to prepare for the worst days...
