Plan for subsidy removal in June on track
The Federal Government yesterday moved to clarify that the plan to end petrol subsidy by the end of June, 2023 is on course.…
Browsing Tag
subsidy
N4.2tn Subsidy required to meet Nigeria’s current fuel supply – NNPC
The Nigerian National Petroleum Company (NNPC) Limited said on Tuesday that with the increase in fuel supply to combat lingering…
NNPC spends N2.6trn on subsidy, declares zero revenue remittance to FAAC…
The Nigerian National Petroleum Company (NNPC) Limited deducted N525.71 billion as a shortfall for the importation of petrol…
Subsidy: House of Reps begins fuel consumption assessment
The House of Representatives Ad-hoc Committee on Fuel Consumption has begun the assessment of the volume of petroleum products…
President didn’t order fuel subsidy removal, Lawan clarifies
President Muhammadu Buhari has not directed anyone to implement fuel subsidy removal, President of the Senate, Ahmad Lawan, has…
Nigeria records zero revenue from oil export as subsidy hits N199bn
Nigeria got no revenue from crude oil export in the month of October despite an average daily oil production of 1.417 million…
Subsidy Removal: No provision for N5000 transport grant in 2022 budget –…
The Senate Committee on Finance has said there is no provision for monthly N5000 transport grant to 40 million poor Nigerians in…
Nigeria Must Stop Fuel, Power Subsidies, Borrowing Now – Sanusi
A former governor of the Central Bank of Nigeria (CBN) and 14th Emir of Kano, Sanusi Lamido Sanusi, has said Nigerians should…
Subsidy claims gulp N11tr in six years – Senate
.... Approves N129bn subsidy payment to 67 oil marketers
The Senate Thursday said that the country spent over N11 trillion as…
FG yet to pay us N800bn subsidy – Petrol marketers
Oil marketers on Sunday appealed to the federal government to effect quick payment of their outstanding N800 billion subsidy…