fuel subsidy
The governor of Anambra State, Chukwuma Soludo has praised the government of President Bola Tinubu for thriving in a ground of inherited debt. According to Soludo, the economy passed down to President Tinubu is like a dead horse but still standing. Speaking on Channels Television’s Sunrise Daily, Soludo said his administration was in empathy […]
To stabilise the naira in the foreign exchange market, the Nigerian National Petroleum Corporation Limited (NNPCL), has secured a $3 billion crude repayment loan. The company secured the loan from the AFRIEXIM bank headquarters in Cairo. In a statement by NNPCL on Wednesday on its X account “The NNPC Ltd. and AfriEXIM bank have jointly […]
The Organised Labour has suspended its proposed strike action barely 24 hours after embarking on nationwide protests against the removal of fuel subsidy. This was disclosed in an interview on Thursday morning by Festus Osifo, the president of Trade Union Congress on Arise News. He said the Labour leaders who had earlier met with […]
Some marketers in the oil and gas industry have commended the Federal Government’s plans to ensure adequate palliatives to reduce the effect of fuel subsidy removal on Nigerians The marketers gave the commendation in separate interviews with the News Agency of Nigeria (NAN) on Monday in Lagos. Mr Mike Osatuyi, the Operations Controller […]
It is no longer news that the economic hardship is hitting deep into Nigerians since the removal of subsidy. As a way to soften the heart of the people, President Bola Tinubu on Thursday appealed to the youths to be patient with his administration. The president made it clear that the hardship the […]
The Nigerian Communications Commission (NCC) has made it very clear that there are no intentions of increasing telecom tariffs after the removal of fuel subsidy. The reassurance was given by the executive vice chairman of NCC, Professor Umar Garba Danbatta in Lagos when during the Titans of Tech awards. Danbatta through the zonal […]
Delta State Governor, Rt. Hon. Sheriff Oborevwori has urged Local Government Council Chairmen to check the activities of revenue collectors to reduce the burden of fuel subsidy removal on the people. Oborevwori made the call when the Association of Local Governments of Nigeria ALGON, Delta State Chapter led by Victor Ebonka, paid him […]
It seems Nigeria is not the only African nation cutting down on petrol subsidy as Angola has taken turns to reduce the country’s spending by moving to suspend subsidies on petrol. This was after a meeting held at the nation’s capital Luanda on Thursday where the Minister of State for Economic Coordination, Manuel […]
The president of Nigeria, Bola Tinubu, in his address speech yesterday announced the removal of fuel subsidy, this has led the Nigerian National Petroleum Company Limited (NNPCL), to cheer the Federal Government for its brave decision. According to him, the subsidy can no longer justify its ever-increasing costs in the wake of drying […]
Newly sworn-in President, Bola Ahmed Tinubu has abolished fuel subsidy in Nigeria, saying it is no longer sustainable. He gave the directive at Eagle Square Abuja while delivering his maiden address to Nigerians. “On fuel subsidy, the budget I met before I assumed office and what I heard is that there is no […]
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