fuel subsidy
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
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
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
Although the #EndBadGovernanceInNigeria protest abruptly came to an end, the undercurrent economic hardship is still reeling in Nigerian homes.
11 Aug
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,…
8 Aug
Last Thursday, Nigerians comprising mostly youths, poured onto the street to register their displeasure over hunger and economic hardship.
5 Aug
Olufemi Ajadi Oguntoyinbo, a prominent good governance advocate and populist politician, has criticised President Bola Tinubu's administration for its extravagant spending amidst widespread hunger and suffering among the masses. Ajadi, a Southwest chieftain of the New Nigeria People's Party (NNPP), voiced his concerns in a release on Sunday, 4 August 2024. He described the president's…
4 Aug
The former presidential candidate of the African Democratic Congress (ADC), Mr. Dumebi Kachikwu, has joined the stream of well-meaning Nigerians calling on President Bola Tinubu to review the decision to remove fuel subsidy. Kachikwu, in a state of the nation statement made available to the Guardian in Abuja, maintained that it is unfair subjecting Nigerians…