Tag: Fuel subsidy
Real reason we decided not to remove fuel subsidy – Buhari
President Muhammadu Buhari has provided an explanation for why his government decided to continue providing fuel subsidies. Buhari claimed in ...
IPMAN: We can’t continue to sell petrol at N165 per litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that its member can no longer sell premium motor spirit ...
Focus on targeted safety-net programmes not food or fuel subsidies, World Bank tells policymakers
World Bank has admonished policymakers to focus on targeted safety-net programmes rather than food or fuel subsidies. This was disclosed ...
World Bank: Fuel subsidy puts Nigerian economy at high risk
The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could ...
Kenya to pay subsidy arrears amid fuel shortages
The Government of Kenya has stated that it will pay subsidy arrears to petrol retailers this week to avert fuel ...
FG: We do not know exact daily fuel consumption
The Federal Government has disclosed that Nigeria as a country can not tell the exact volume of Premium Motor Spirit, ...
FG: We’ve quietly removed electricity subsidy, fuel subsidy to follow
Zainab Ahmed, the Minister of Finance has explained how the Federal Government quietly removed the subsidy on electricity tariff. According to ...
IMF to FG: Remove fuel subsidy, official exchange rate
The International Monetary Fund has asked the Nigerian government to stop subsidising fuel. This is coming two weeks after the ...
Nigeria’s revenue trajectory is positive without oil – Akabueze
Director General of budget office of the federation, Ben Akabueze has stated that Nigeria is deliberately diversifying in 2022, as ...
Why fuel subsidy can’t be removed – Esele
Mr Peter Esele, a former president of the Trade Union Congress, has underlined citizens' distrust of government and its incapacity ...
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