fuel subsidy
10 Jan
Drama unfolded at the National Assembly yesterday as Finance Minister Wale Edun faced intense questioning from senators during a hearing on the performance of the 2024 budget and the 2025 appropriation bill .
5 Jan
The Governor of Enugu State, Peter Mbah, has hailed President Bola Tinubu's decision to remove fuel subsidy and his implementation of other economic policies. Mbah gave the commendation on Saturday when he welcomed Tinubu to Enugu to inaugurate a number of projects executed by his administration. According to Mbah, the infrastructural developments in Enugu under…
23 Dec
President Bola Tinubu has said that he does not regret putting a stop to the payment of fuel subsidy. Tinubu stated this on Monday night during the first presidential chat with the media since he assumed office. "I don't regret removing the fuel subsidy at all. That was the only option we had to stop…
1 Dec
President Bola Tinubu has clarified that his administration's decision to remove the oil subsidy was not aimed at burdening Nigerians, but rather to safeguard the nation from economic collapse. In a speech at the 34th and 35th combined convocation ceremonies of the Federal University of Technology Akure in Ondo State on Saturday, Tinubu, who made…
11 Oct
Reactions have continued to trail Wednesday’s N1,000/litre petrol price increase by the National Petroleum Company (NNPC) Limited, with critics calling for mass protest against the government and a reversal to the pre-May 29, 2023 cost.
11 Sep
The Spiritual Director of Adoration Ministry, Enugu, Nigeria, (AMEN), Rev. Fr. Ejike Mbaka, has warned the Federal Government of Nigeria against the looming danger that may erupt as a result of hardship and suffering meted out to Nigerians due to the removal of fuel subsidy.
7 Sep
The Nigerian Institute of Management has urged the Federal Government to take urgent steps to forestall economic hardship occasioned by the recent increase in pump price of petrol. The President of NIM, Dr Christiana Atako, made the call in a statement by the institute’s registrar, Mrs Taiwo Olusesi on Saturday in Lagos. Atako said that…
6 Sep
Professor of Political Economy, Pat Utomi, has called for the return of subsidy on petroleum products. Utomi made the call as a guest in Thursday’s edition of Channels Television’s Politics Today. “The first thing to do is to recognise essential things that Nigerians need fuel for. I will subsidise those things,” Utomi said. “There will…
20 Aug 2024
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has not paid fuel subsidy to anybody in the last nine years. Chief Financial Officer of the company, Alhaji Umar Ajiya made the clarifications on Monday in Abuja. Ajiya said the NNPC Ltd. was only taking care of Premium Motor Spirit (PMS) importation shortfalls between…
14 Aug 2024
Disturbed by the hardship and poverty among Nigerians, the Catholic Bishops of Kaduna Ecclesiastical Province (KEP) have urged President Bola Tinubu to consider reversing fuel subsidy removal.
13 Aug 2024
Although the #EndBadGovernanceInNigeria protest abruptly came to an end, the undercurrent economic hardship is still reeling in Nigerian homes.
11 Aug 2024
Irked by the problems in the oil sector, the Conference of Nigeria Political Parties (CNPP) has urged the Federal Government to immediately initiate an investigation into the activities of the Nigerian National Petroleum Company Limited (NNPCL). The CNPP said that it is appalled by the recent controversies surrounding the NNPCL, including allegations of subsidy scams,…
Latest
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The Federal Ministry of Transportation has refuted a story purporting an imminent launch of a “Lagos-Abuja High-Speed Bullet Train that will
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The Federal Government has flagged off the dualisation of Ajaokuta-Okene-Auchi-Ekpoma-Benin Road after the termination of the contract and re-award due to non-performance last year. Minister of Works, David Umahi, who performed the the road projects, gave a brief pathetic history about the road, which made President Bola Tinubu to order a permanent solution, using Continuously…
19 mins ago
A heated confrontation unfolded during Thursday’s Senate plenary session when Senator Natasha Akpoti-Uduaghan (Kogi Central) protested
29 mins ago
The National Emergency Management Agency (NEMA) has confirmed that the death toll in an explosion that hit Talata Mafara market in Zamfara
36 mins ago
Former military president, General Ibrahim Badamosi Babangida (retd), has said that the annulment of the 1993 Presidential Election was annulled for national interest. Moshood Kashimawo Abiola of the Social Democratic Party (SDP) and Bashir Tofa of the National Republican Party (NRC) contested the annulled election. Speaking at the launch of his autobiography in Abuja, Babangida…
49 mins ago
A Federal High Court in Ibadan, on Thursday, sentenced a 27-year-old kidnapper, Umar Babangida, to 60 years imprisonment.
1 hour ago
National Hajj Commission of Nigeria (NAHCON) has secured 52,544 spaces for state pilgrims camps and reserved 16,263 slots for tour operators
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The Federal Road Safety Corps (FRSC), Osun Command, says it will mount surveillance in strategic locations against reckless driving during
1 hour ago
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1 hour ago
Journalist and #MeToo campaigner Shiori Ito apologised Thursday to those featured in "Black Box Diaries" without their permission, addressing a dispute over the Oscar-nominated documentary not yet released in Japan. Ito, 35, won a landmark 2019 civil case against a prominent Japanese TV reporter accused of raping her, a charge he denies. She turned her…