Fuel Subsidy Removal – Page 3 of 4 – Prime Business Africa

Ex-NNPCL Boss Kyari Denies Being In EFCC’s Custody

Tinubu To Repair One Refinery Before December, Says Kyari

The Nigerian National Petroleum Corporation (NNPC) has announced that President Tinubu’s administration is set to restore one of the country’s four refineries to optimal functioning before the end of the year. Mele Kyari, the Group Managing Director of NNPC, revealed this development

June 1, 2023

Business·Oil & Gas

Angry Commuters Refuse To Buy Fuel From NNPC Outlet In Port Harcourt Over Sudden Price Increase

After waiting for many hours in long queues in front of one of the NNPC retail outlets in Port Harcourt, commuters on Wednesday afternoon angrily refused to buy Petrol when the station finally opened with a shocking news of hike in price.

May 31, 2023

Fuel Price To Hit N700/litre, Up From N500 – Oil Marketers Reveal

Business·Oil & Gas

IPMAN Shuts Down 100 Filling Stations For Selling Above N196 Per Litre

Independent Petroleum Marketers Association of Nigeria (IPMAN) said 100 filling stations have been sanctioned and shut down for selling above N196 per litre. According to the National Public Relations Officer of IPMAN, Yakubu Suleiman, the appropriate price for fuel is N195 or

May 31, 2023

Business·Oil & Gas

Fuel Subsidy Removal Okay But Should Be In Phases – Economic Expert

Reactions have continued to trail the announcement of fuel subsidy removal by Nigeria’s new president, Bola Ahmed Tinubu. Prof. Magnus Kpakol, Executive Chairman, Economic Growth and Development Centre, has said the decision to end the subsidy regime is a good one considering

May 31, 2023

NNPC Refutes Viral Claims That Its Fuel Does Not Last

Business·Oil & Gas

Tinubu To Meet NLC Today Over Fuel Subsidy Removal

The National President of the Nigeria Labour Congress (NLC), Joe Ajaero, has disclosed that the labour union will meet on Wednesday to discuss the fuel subsidy removal. Ajaero, during an interview with Sunrise Daily on Channels Television, said the meeting with the

May 31, 2023

Oil & Gas

Fuel Subsidy Removal: Tinubu Responds To Long Queues, Rising Fuel Prices

Less than 24 hours after President Bola Tinubu declared an end to fuel subsidy, the pump price of Premium Motor Spirit (PMS), commonly known as petrol, skyrocketed to N600 per litre from N195/l in various parts of Nigeria. The sudden increase in

May 31, 2023

Politics

Bongo Adi Urges Rationalization Of Budget Systems, Calls For Fuel Subsidy Removal

Renowned Professor of Economics at Lagos Business School, and Newstide Publications board chairman, Bongo Adi, has called on the incoming administration to adopt a data-driven approach and rationalize the budget systems During an interview on Arise News, Adi highlighted the absence of a

May 26, 2023

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Business·Oil & Gas

Dollar Scarcity, Six Other Factors To Increase Fuel Price To N1,700 Per Litre

The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PPROOAN), Billy Gillis-Harry, has revealed that scarcity of Dollars in the official market and crude oil cost could push fuel price to N1,700 after the subsidy is removed in June.

May 8, 2023

Tinubu To Review CBN’s Naira Redesign Policy, Says Emefiele Harshly Applied Plan

Business

Tinubu Vows To Fulfil N200 Dollar Rate Promise, Fuel Subsidy Removal, Others

The President-elect, Bola Tinubu, has reiterated his commitment to fulfilling his campaign promises, some of which include achieving N200 dollar rate and subsidy removal. During his tour of Rivers State on Thursday, Tinubu stated that his administration, which is expected to commence

May 5, 2023

NNPC Denies Plans To Increase Fuel Price

Business·Oil & Gas

Post-petrol Subsidy: 4 Most Affected Economic Sectors

As Nigerian government continues to mull over the removal of petrol subsidy scheme due to the heavy burden it poses on public finances, experts have continued to express concerns about the impact on different sectors of the economy due to the likely

April 29, 2023

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Fuel Subsidy Removal - Page 3

Tinubu To Repair One Refinery Before December, Says Kyari

Angry Commuters Refuse To Buy Fuel From NNPC Outlet In Port Harcourt Over Sudden Price Increase

IPMAN Shuts Down 100 Filling Stations For Selling Above N196 Per Litre

Fuel Subsidy Removal Okay But Should Be In Phases – Economic Expert

Tinubu To Meet NLC Today Over Fuel Subsidy Removal

Fuel Subsidy Removal: Tinubu Responds To Long Queues, Rising Fuel Prices

Bongo Adi Urges Rationalization Of Budget Systems, Calls For Fuel Subsidy Removal

Dollar Scarcity, Six Other Factors To Increase Fuel Price To N1,700 Per Litre

Tinubu Vows To Fulfil N200 Dollar Rate Promise, Fuel Subsidy Removal, Others

Post-petrol Subsidy: 4 Most Affected Economic Sectors

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