BREAKING: National Assembly approves N4tn for petrol subsidy
The National Assembly amended the Appropriation Act for 2022, increasing the subsidy on Premium Motor Spirit (petrol) by N442.72…
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Petrol subsidy
Buhari Writes Reps, seeks N4trn as Petrol subsidy for 2022
President Muhammadu Buhari wants the provision for petrol subsidies in 2022 increased from N442 billion to N4 trillion.
As a…
World Bank president commends FG for removing fuel subsidy
Mr David Malpass, President of the World Bank Group, has commended the Federal Government for removing subsidies on petroleum…
Ex-presidents spent N8.9trillion on petrol subsidy
The Petroleum Products Pricing Regulatory Agency (PPPRA) said the Federal Government under former presidents Olusegun Obasanjo,…
NNPC Spends N956bn on Petrol Subsidy, Others in 13 Months
An operations and financial report of the Nigerian National Petroleum Corporation (NNPC) has shown that the state oil company…