petrol subsidy

Some stakeholders in Kogi, Niger and Nasarawa states have called on governments and spirited individuals to always adopt decentralised and systematic measures in the distribution of palliatives to avoid stampede. They told the News…
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Some bicycles dealers in Bauchi are making brisk businesses due to increased patronage occasioned by the petrol pump price and transport fare hike. Checks at the Central Market Bauchi showed that the demand for new bicycles and repair…
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The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to use his good offices and leadership position to “urgently publish details of spending of about N400bn so far saved as a result of the…
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The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that daily fuel supply is 68 million litres. The challenge followed claims made…
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“The total amount of subsidy per day is 18.397 billion per day,” she said. “So if you are projecting for the full year, it would be 6.715 trillion. If you are projecting for half year, it would be 50 percent of that.” She said this was…
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The Federal Government has suspended the planned petrol subsidy removal. The Minister of Finance, Budget and National Planning, Zainab Ahmed announced this on Monday in Abuja. Speaking during a meeting held at the national assembly,…
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PRESS STATEMENT 23RD JANUARY, 2022 A Word of Caution to NLC and TUC on the National Protest against the Planned Petroleum Subsidy Removal The planned protest by the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) against…
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The Senate President, Ahmed Lawan on Tuesday said that President Muhammadu Buhari has not directed anyone in his administration to implement the removal of petroleum subsidy. Lawan stated this after meeting with the President in his…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has backed the Federal Government’s plan to remove subsidy on Premium Motor Spirit (PMS), also known as petrol by 2021. IPMAN’s President, Mr Chinedu Okoronkwo, told the…
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The governors of the 36 states in Nigeria, under the umbrella of the Nigeria Governors’ Forum (NGF) will meet on Wednesday to discuss issues related to petrol subsidy and COVID-19 vaccines. The governors made the disclosure in a statement…
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