FG Suspends Removal of Petrol Subsidy Indefinitely
In an attempt to calm rising tension, the Nigerian Government has postponed till further notice, the removal of fuel subsidy it had earlier proposed to take off by June.
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Divert Fuel Subsidy Fund To Health, Education, Ibru Tells FG
Former President of the Nigerian Stock Exchange (NSE), Mr Goodie Ibru has joined voices with those calling for an end of fuel subsidy regime in Nigeria.
Subsidy: Presidency Denies Report On Fuel Price Increment To N302
The Nigerian presidency has debunked media reports which said that the National Economic Council (NEC) has recommended increment of petrol pump price to N302 per liter by February 2022.
Finance Minister Says Nigeria Losing N250bn Monthly To Fuel Subsidy
Zainab Ahmed, minister of finance, budget and national planning, has disclosed that the federal government can no longer sustain petrol subsidy payments which currently stand at about N250 billion monthly. Briefing journalists after the FEC meeting presided over by President Buhari on
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