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Nigeria fuel subsidy

KPMG: Benin, Other Neighbouring Countries Benefit From Nigeria’s Fuel Subsidy

KPMG Nigeria has revealed that the removal of fuel subsidy by President Bola Tinubu has led to the price of petrol rising in Benin Republic. According to the financial consulting firm in its report; “Removing Fuel Subsidies in Nigeria,” the cost of

June 6, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

Buhari’s Gov’t Didn’t Pay For Subsidy In 2022, 2023 – NNPC’s Kyari Reveals

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has disclosed that the immediate past president, Muhammadu Buhari, didn’t pay for subsidies in 2022 and the first half of 2023. Kyari said Buhari budgeted N6.3

June 2, 2023

Business·News·Oil & Gas·Top Stories

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

The Nigerian National Petroleum Corporation (NNPC) has been accused by the House of Representatives member, Sergius Ose-Ogun, of using the subsidy regime to divert about $10 billion. $10 billion, going by the official exchange rate as of June 30, 2022, would equal

June 30, 2022

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Nigeria fuel subsidy

KPMG: Benin, Other Neighbouring Countries Benefit From Nigeria’s Fuel Subsidy

Buhari’s Gov’t Didn’t Pay For Subsidy In 2022, 2023 – NNPC’s Kyari Reveals

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

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