Fuel subsidy removal: Labour threatens to mobilise workers against Tinubu govt
The Nigeria Labour Congress and the Trade Union Congress have given conditional support for the removal of fuel subsidy. The two labour bodies said that
Tag : fuel subsidy
Fuel subsidy drama raises spectre of hardship
The current episode of fuel scarcity is not entirely different from the previous supply crisis in Nigeria. However, what is different in the current situation,
Fuel subsidy to go by June 2023, says finance minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government will do away with petroleum subsidy by June 2023. Ahmed
Fuel subsidy to end in 2023-Buhari
President Muhammadu Buhari has said that subsidy on petroleum product will be discontinued in 2023. The President stated this while delivering his speech on the
Fuel subsidy hits N1.593tn, refinery rehabilitation gulps N54.66bn
Latest data on the amount spent in subsidising Premium Motor Spirit, popularly called petrol, seen in Abuja on Monday showed that the government subsidised the
Fuel subsidy may hit N6trn in 2022, IMF warns Nigeria
With Nigeria’s fuel subsidy payout averaging N500 billion monthly, total expenditure on subsidy could hit a record N6 trillion mark by year-end, the International Monetary
Fuel subsidy records 307% increase amid transport fare hike
The amount spent on fuel subsidy monthly rose from N60.39bn in March 2021 to N245.77bn in March 2022, indicating an increase of 306.97 per cent.
Rethink your policy on fuel subsidy, world bank tells Nigeria
The President of the World Bank Group, Mr. David Malpass has once more reiterated the need for Nigeria’s federal government to reconsider its policy on
Fuel subsidy puts Nigerian economy at high risk –World Bank
The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose
