Fuel subsidy

Nigerian Govt, NNPC Refute Marketers, El-Rufai’s Claim of Fuel Subsidy Payment

The Nigerian government, through the Ministry of Petroleum Resources and the Nigerian National Petroleum Company Limited, has denied the resurgence of fuel subsidy, challenging those making such claims to provide evidence. This

Emmanuel Ochayi

1 day ago

Nigerians Ask NNPC To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Business·Latest News·Oil & Gas

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

Nigerians have called on the Nigeria National Petroleum Company Limited (NNPCL), to reduce the pump price of petroleum products such as Premium Motor Spirit (PMS) also known as petrol and diesel.

Victor Ezeja

3 weeks ago

NLC Stands Firm On Nationwide Strike Amidst FG's Independence Day Plea

We’ll Embark On Two-day Protest If FG Fails To Comply – NLC

The Nigeria Labour Congress says it has finalised plans to embark on a two-day nationwide protest slated for February 27 and February 28, 2024.

Victor Ezeja

2 months ago

Business·Oil & Gas

NNPC, Marketers Bicker On Fuel Subsidy Payment As Naira Depreciation Deepens

Further depreciation of naira while the pump price of Premium Motor Spirit (PMS) popularly called petrol sells between N617 and N650 have resurrected contentious debates between independent petroleum marketers and the Nigerian

Victor Ezeja

4 months ago

PDP Condemns President Tinubu’s New Year Address As A “Deceitful Charade”

The Peoples Democratic Party (PDP) has criticized President Bola Tinubu’s New Year speech, labeling it a “harvest of deceit, false claims, and empty promises.” In a scathing response, the PDP‘s National Publicity

Emmanuel Ochayi

4 months ago

Business·Latest News·Oil & Gas

Fuel Subsidy: SERAP Sues NNPCL Over Nigeria’s Oil Revenue Secrecy

SERAP has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over the alleged failure to disclose crucial financial details since the removal of petrol subsidy in May 2023.

Emmanuel Ochayi

4 months ago

Agro-Economy·Business·Latest News

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

In a disconcerting revelation from the latest stew index report by PricePally, the expense of preparing a pot of beef stew surged by 17 percent in 2023, painting a worrisome picture of

Emmanuel Ochayi

5 months ago

Edo Govt Reinstates Five-Day Workweek For Civil, Public Servants Amidst Fuel Subsidy Removal

The Edo State Government has announced the reversal of its earlier directive, which reduced the working days for civil and public servants from five days to three days a week. The initial

Emmanuel Ochayi

7 months ago

Fuel Subsidy: Obaseki Offers Free Transport Across Edo State

In response to the recent fuel subsidy removal by the federal government, Edo State Governor, Mr. Godwin Obaseki has announced a groundbreaking initiative to provide free buses for residents in the State.

Emmanuel Ochayi

8 months ago

The International Monetary Fund (IMF) sheds light on the concerning fiscal landscape faced by low-income countries, highlighting Nigeria's growing debt burden.

Business·Oil & Gas

IMF Backs Fuel Subsidy Removal, As Gov’ts Spend $7trn To Lower Prices

About $7 trillion was spent globally on explicit and implicit fossil-fuel subsidies in 2022, the International Monetary Fund (IMF) revealed in a new report. With the cost of subsidies rising by $2

Fakoyejo Olalekan

8 months ago

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Nigerian Govt, NNPC Refute Marketers, El-Rufai’s Claim of Fuel Subsidy Payment

Nigerians Ask NNPCL To Make Petrol, Diesel Cheaper As Dollar Rate Drops

We’ll Embark On Two-day Protest If FG Fails To Comply – NLC

NNPC, Marketers Bicker On Fuel Subsidy Payment As Naira Depreciation Deepens

PDP Condemns President Tinubu’s New Year Address As A “Deceitful Charade”

Fuel Subsidy: SERAP Sues NNPCL Over Nigeria’s Oil Revenue Secrecy

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

Edo Govt Reinstates Five-Day Workweek For Civil, Public Servants Amidst Fuel Subsidy Removal

Fuel Subsidy: Obaseki Offers Free Transport Across Edo State

IMF Backs Fuel Subsidy Removal, As Gov’ts Spend $7trn To Lower Prices

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