Tag: Petrol subsidy
FG to use eurobond cash, borrow more to fund petrol subsidy
The federal government has disclosed that it will use $2.2 billion of the fund raised via eurobond to cater for ...
Governors declare NNPC’s N3Trillion Petrol subsidy fraudulent
Nigeria Governors' Forum (NGF) assailed the N3 trillion petrol subsidy claimed by the NNPC and dismissed it as fraught with ...
JUST IN: FG suspends planned petrol subsidy removal till further notice
The federal government has suspended the planned petrol subsidy removal till further notice due to "high inflation and economic hardship". ...
Petroleum marketers back FG on removal of petrol subsidy
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has backed the Federal Government’s plan to remove subsidy on Premium Motor ...
Zainab Ahmed: Petrol subsidy stays till June 2022
The federal government of Nigeria has stated that there is no plan to end petrol subsidy for now. Minister of ...
Nigeria’s petrol subsidy payments slow attainment of SDGs – Sanusi
Former Emir of Kano, Muhammadu Sanusi has stated that petrol subsidy payments slow the attainment of the sustainable development goals ...
Petrol price may increase to N1,000 per litre if subsidy is removed – DPR
The Department of Petroleum Resources (DPR) has stated that the pump price of petrol in Nigeria may rise to N1,000 ...
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