Tag:
Subsidy
News
World Bank: NNPCL Failed to Remit N500bn in 2024 Subsidy Savings
The World Bank has raised alarm over the Nigerian National Petroleum Company Limited’s (NNPCL) failure to fully remit revenue generated from the removal of...
Business
FG Confirms Plan to Settle ₦7.74 Trillion Fuel Subsidy Debt to NNPCL
The Nigerian government has officially confirmed plans to pay a ₦7.74 trillion debt to the Nigerian National Petroleum Company Limited (NNPCL), a debt that...
News
Why Fuel Subsidy Removal is a Blessing for State Governments – Uzodinma
Imo State Governor, Hope Uzodinma, has hailed the removal of fuel subsidies by the federal government, describing it as a direct blessing for state...
Business
Fuel Subsidy Removal: Tinubu’s Bold Step Paying Off – Aide
The removal of fuel subsidies by President Bola Ahmed Tinubu’s administration is starting to yield positive results, according to Abdullahi Tanko Yakasai, Senior Special...
Business
Minister Faces Intense Scrutiny Over Fuel Subsidy Funds Amid Senate Budget Defence
The Senate Committee on Appropriations has called on Nigeria's Finance Minister, Wale Edun, to provide a detailed breakdown of the savings from the controversial...
News
Tinubu Justifies Fuel Subsidy Removal as Necessary to Save Nigeria From Bankruptcy
President Bola Tinubu has explained his controversial decision to scrap the fuel subsidy, claiming the move was critical to preventing Nigeria from sliding into...
News
No Regret for Fuel Subsidy Removal, Says Tinubu
President Bola Tinubu has made it clear that he has no regrets about removing the fuel subsidy, stressing that it was a necessary step...
News
Why Buhari Refused to Remove Fuel Subsidy – Former Aide
Femi Adesina, the former Special Adviser on Media and Publicity to ex-President Muhammadu Buhari, has shed light on why the former leader chose not...