NNPCL Denies Inflating Fuel Subsidy Payments
The Nigerian National Petroleum Company Limited (NNPCL) has denied inflating fuel subsidy payments at any point in time.
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Victor Ezeja
Tinubu’s Lingering Fuel Subsidy Argument: Some Ordinary Man’s Questions
At the World Economic Forum in Riyadh, Saudi Arabia, Sunday, Nigeria’s President, Bola Tinubu, argued that subsidy removal saved Nigeria from bankruptcy. Continued payment of subsidy by government would have impoverished the
MARCEL MBAMALU
How Fuel Subsidy Removal Saved Nigeria From Bankruptcy- Tinubu
President Bola Tinubu has defended his administration’s decision to discontinue fuel subsidy payments, stating that it was a necessary action to prevent Nigeria from going bankrupt. Speaking at the Special World Economic
Emmanuel Ochayi
IMF Urges Nigeria To Diversify Economy, End Fuel Subsidies To Tackle Developmental Challenges
The International Monetary Fund (IMF) has emphasized the need for Nigeria to diversify its economy and phase out fuel subsidies to address developmental challenges. During the African Department April 2024 Press Briefing,
Petrol Should Sell N750/litre In Nigeria But For ‘Partial Return’ Of Subsidy – World Bank
The World Bank has revealed that premium motor spirit, otherwise known as petrol, should be priced in Nigeria at N750 per litre at the pumps unless the government is paying some form
Admin
Was There Ever Fuel Subsidy In Nigeria?
The military regime of Olusegun Obasanjo in 1977 promulgated the Price Control Decree (later Act). The law makes it illegal for some products (including fuel) to sell beyond government’s set prices. Remarkably,
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