fuel subsidy
29 May
President Bola Tinubu's reforms may have been described as a soap opera capable of dividing the country from top to bottom by critics. However, the former Lagos State Governor has continued to assure those who care to listen that his coordinated economic reforms are anchored on strong adherence to transparency and accountability. Nonetheless, there are…
26 May
Former President Olusegun Obasanjo has criticised President Bola Tinubu's policies on fuel subsidy removal and exchange rates as necessary but "wrongly implemented." Obasanjo's remarks come as Tinubu's government marks its first anniversary in office. A statement issued by his media aide, Kehinde Akinyemi, on Sunday, revealed that Obasanjo made the statement during a colloquium titled…
2 May
Australia-based Nigerian publisher of 9News Nigeria and CEO of Nine Communications Nigeria Limited, Mr. Obinna Ejianya has urged President Bola Ahmed Tinubu’s government to rethink the annulment of the fuel subsidy removal policy in order to save the Nigerian economy and stabilize the foreign exchange value of the Naira. In his article published on 9News Nigeria on Tuesday, Mr.…
30 Apr
About one year after the much-hyped fuel subsidy removal was implemented, Nigerians seem to be back to the gruesome era of fuel supply shortfall as a shortage in importation, amidst mounting debts owed marketers, has disrupted local supply.
16 Apr
The immediate past governor of Kaduna State, Nasir el-Rufai, has claimed that the Federal Government now pays more for fuel subsidy.
14 Apr
The Minister of Information and National Orientation, Alhaji Mohammed Idris, has said that the erstwhile fuel subsidy was a monster which had deprived Nigerians of a myriad of social amenities.
31 Mar
Some residents of the Federal Capital Territory (FCT), have expressed concern over the impact of fuel subsidy removal on their livelihoods.The residents said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.
18 Mar
Leaders in environmental sustainability have revealed that fossil fuel subsidy removal by the Federal Government holds the potential to contribute substantively to climate-resilient development and advance the nascent energy transition agenda in the country.
23 Feb
Crude oil has been good to our nation. Very good, indeed. It is easy to rhapsodise our oil wealth and the little village, Oloibiri, where it all began in 1956.
20 Feb
Special Assistant on Public Communication to former Vice President Atiku Abubakar, Phrank Shaibu, has accused the Federal Government of re-introducing fuel subsidy “through the back door.”
20 Feb
No sane government should watch its citizens suffer untold hardship and live in poverty. The primary responsibility of government is to protect life and to secure the welfare of the people.
19 Feb
Phrank Shaibu, spokesperson for former Vice President Atiku Abubakar, has ignited a firestorm by accusing the Nigerian government of secretly reinstating petrol subsidies. This accusation, coupled with the government's deafening silence on the matter, has raised concerns about financial mismanagement and potential corruption. Shaibu's alarm bells, according to various reports, began ringing after reports emerged…
Latest
4 mins ago
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit of N100,000 per customer on point-of-sale (PoS) terminals. The restriction, in line with the apex bank’s ongoing efforts to advance a cash-less economy, will help address identified challenges, combat fraud and establish uniform operational standards across the industry. The restriction was contained in…
13 mins ago
The Federal Capital Territory has recorded a drop in the incidents of kidnappings and other crimes across the territory in 2024. Mr Adamu Gwary, the Director of Security Service Department of the Federal Capital Territory Administration (FCTA) , made this known during the department’s end of year news conference in Abuja on Tuesday. Gwary described…
21 mins ago
The Independent Corrupt Practice and Other related Offences Commission (ICPC), has urged the management of Abdullahi Fodio University of Science and Technology, Alero in Kebbi, to establish Anti-Corruption and Transparency Unit (ACTU). The Resident ICPC Commissioner in-charge of Sokoto, Kebbi and Zamfara States, Mr Garba Tukur-Idris, made the call when he visited the institution on…
28 mins ago
Gov. Chukwuma Soludo of Anambra says he met almost a war situation at the inception of his administration, with eight Local Government Areas (LGAs) in the state under control of suspected criminals. Soludo made the disclosure at a news conference on Tuesday in Awka, to mark his 33rd month in office and his efforts to…
53 mins ago
The Edo State chapter of the Peoples Democratic Party (PDP) on Wednesday condemned the suspension by the Edo State House of Assembly of the Chairmen of the 18 Local Government Areas (LGAs). Edo PDP chairman Anthony Aziegbemi, in a statement, said that the suspension is illegal, unconstitutional, null, and void. Azeigbemi, who condemned the action…
1 hour ago
The Governor of Osun State, Ademola Adeleke, has ordered the pardoning of a young man reportedly sentenced to death by hanging in the state for stealing fowl. Adeleke, in a statement by his spokesperson, Olawale Rasheed, ordered the attorney general to intervene in the matter and ensure the young man is listed for the prerogative…
1 hour ago
It was a tragic tale of murder of three people, including two young siblings and a 27-year-old man in the recent violent clash between members of the United Methodist Church in Nigeria (UMCN) and the Global Methodist Church in Nigeria (GMCN) in the Munga-Dosso community, in Karim-Lamido Local Council of Taraba State.
1 hour ago
Ahead of Monday’s awards ceremony to honour the year’s outstanding achievements in the African game and to crown Ademola Lookman as Africa’s Footballer of the Year, the Confederation of African Football (CAF)
1 hour ago
Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has canvassed the review of the electoral law to accommodate some innovations that the Commission is already using in conducting elections.
1 hour ago
Extending its winning streak for the sixth consecutive session, the Nigerian stock market maintained the positive momentum as the benchmark index yesterday crossed the 100,000 mark, a milestone last reached on July 25, 2024.