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Tag: fuel subsidy

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Politics

Fuel Subsidy: Stop Deceiving Nigerians Atiku Tells Tinubu

Former Vice President, Atiku Abubakar, has urged President Bola Tinubu to stop deceiving Nigerians about his administration’s true position on fuel subsidy. Atiku ...
By accuratenewsng07/06/20240
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Politics

Tinubu Govt Now Paying More For Fuel Subsidy, Says El-Rufai

Former governor of Kaduna State, Malam Nasir El-Rufai, has said that the federal government is now paying more for fuel subsidy than before. ...
By accuratenewsng16/04/20240
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News

FG not paying fuel subsidy, NNPC insists

The Nigerian National Petroleum Company (NNPC) Limited said Monday that the federal government is not paying fuel subsidy as is being speculated in ...
By accuratenewsng09/10/20230
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News

FG may pay N1.68tn fuel subsidy, marketers forecast N900/litre

The Federal Government may spend about N1.68tn as subsidy on Premium Motor Spirit, popularly called petrol, from September to December this year, an ...
By accuratenewsng22/09/20230
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News

APC must rethink to avoid woeful failure – SDP’s Adebayo

The Social Democratic Party (SDP) candidate in the 2023 presidential election, Prince Adewole Adebayo has taken a swipe at the All Progressives Congress, ...
By accuratenewsng20/07/20230
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News

Publish spending of N400b fuel subsidy savings, SERAP tasks Tinubu

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to publish expenditure of about N400 billion so far saved from removal ...
By accuratenewsng03/07/20230
News

Removal of fuel subsidy suspended – FG

The National Economic Council, (NEC) has suspended the planned removal of subsidy on petroleum products which was initially scheduled for June after the ...
By accuratenewsng28/04/20230
Economy

World Bank reveals how subsidies benefit elite, reiterates removal

The World Bank has said that a large share of Nigeria’s resources have financed inefficient and regressive subsidies which benefit primarily wealthy households ...
By accuratenewsng22/11/20220
News

Petrol subsidy will end in 2023 – Buhari

President Muhammadu Buhari on Friday assured that petrol subsidy will end by 2023, saying it was no longer sustainable in the current fiscal ...
By accuratenewsng08/10/20220
News

Fuel Importation Will End By 2023, Subsidy Continue – CEO NNPC Mele Kyari

Nigerian National Petroleum Company (NNPC) Limited says it may stop the importation of petrol by the middle of next year, if the Dangote ...
By accuratenewsng31/08/20220
News

Government Spends N18.397b Subsidy Daily – Minister of Finance, Zainab Ahmed

The Minister of Finance, Mr Zainab Ahmed, says Nigeria spends N18.69 billion daily on petroleum subsidies. The Minister stated this when she appeared ...
By accuratenewsng19/08/20220
News

NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months

According to data provided on Monday, June 27, by the Nigerian National Petroleum Company Limited (NNPC), N1.301 trillion was spent between January and ...
By accuratenewsng28/06/20220
News

Why FG Should Remove Fuel Subsidy — Gov Soludo

Governor of Anambra State, Prof. Chukwuma Soludo, has kicked against retention of fuel subsidy in Nigeria. This was even as the Nigerian National ...
By accuratenewsng15/06/20220
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News

Labour Puts Members on Alert Over Fuel Price Hike

The Nigeria Labour Congress (NLC) has put its members on alert over a likely hike in pump price. It has commenced mobilisation to ...
By Editor07/12/20210
News

Bishop Okonkwo Kick Against Proposed 5k Stipend, Says Fuel Subsidy is Scam

The Presiding Bishop of The Redeemed Evangelical Mission, Dr. Mike Okonkwo, has raised the alarm that the N5,000 the Federal Government announced that ...
By Editor30/11/20210
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