Edun rules out fuel subsidy return as petrol prices surge
Finance Minister Wale Edun rules out fuel subsidy return amid rising petrol costs
NNPCL Hikes Petrol Pump Price to Over N1,000 Per Litre Amid Full Deregulation of Oil Sector
The full deregulation of Nigeria’s downstream oil sector has taken effect, with the Nigerian National Petroleum Company Limited (NNPCL) raising...
Subsidy Removal: Tinubu Approves N35,000 Wage Award For Civil Servants
In a bid to alleviate the economic challenges faced by Nigerian civil servants following the removal of fuel subsidies, President...
FG’s Petroleum Pricing Strategy Under Scrutiny as Subsidy Continues
ABUJA – Festus Osifo, the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has...
Civil Society Coalition Threatens Nationwide Protests Over Potential Fuel Price Hike
A collective of Nigerian civil society groups has threatened to rally citizens for nationwide protests if the Independent Petroleum Marketers...
Petrol Subsidy Removal Yields N400bn Savings for Nigerian Government, Oil Marketers Reveal
In a new development, oil marketers have stated that the Nigerian Federal Government has made significant savings to the tune...
Fuel Price Surge: Repair of Old Refineries is the Solution, Says Heavy Duty Truck Drivers Association President
In a recent public address, Uche Nebuwa, National President of the Heavy Duty Truck Drivers Association, asserted that there would...
Nigerian Oil Marketers Warn of Potential Petrol Price Surge Above ₦700 per Litre
Oil marketers in Nigeria have issued a warning, indicating that the pump price of petrol could exceed ₦700 per litre...
World Bank Urges Nigerian Government to Allocate Fuel Subsidy Savings to Alleviate Suffering
The World Bank has called on the Federal Government of Nigeria to reallocate a portion of the savings from fuel...
World Bank Predicts N2 Trillion Savings for Nigeria as Petrol Subsidy Removal Takes Effect
In its June 2023 Nigeria Development Update released on Tuesday in Abuja, the World Bank has projected that the Federal...
Private School Owners Consider Tuition Increase in Response to Fuel Subsidy Removal
In light of the recent removal of fuel subsidies, private school owners, represented by the National Association of Proprietors of...
Edo Govt Increases Minimum Wage to Ease Fuel Price Hike Impact
The Edo State Government has expressed solidarity with its citizens over the recent removal of fuel subsidy, which has resulted...
Oodua Groups Support Fuel Subsidy Removal by President Tinubu
The Coalition of Oodua Self-Determination Groups has called on Nigerians to back President Bola Tinubu’s decision to remove fuel subsidy,...
SERAP Calls on Tinubu to Probe Alleged Missing $2.1bn and N3.1tn Subsidy Payments
Lagos, Nigeria – Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to initiate a thorough investigation...
Dangote Refinery Won’t Make Fuel Price Cheaper – NNPCL
The Group Chief Executive Officer of the NNPCL, Mele Kyari, says local production of fuel through the Dangote refinery will not change the pump price of the commodity.
BREAKING: Subsidy Removal Era Begins As NNPC Increases Price To N537/litre In Abuja, N488 In Lagos
Filling stations belonging to the NNPC have increased their pump price to N537 per litre in Abuja and N488 in Lagos respectively.
President Bola Tinubu Declares End of Fuel Subsidy in Nigeria
Nigeria’s newly inaugurated President, Bola Tinubu, has declared an end to the era of fuel subsidy payment in the country....
FG Denies Suspending Removal Of Fuel Subsidy
The Federal Government has clarified its stance on the reported suspension of the removal of fuel subsidy.
JUST IN: FG Suspends Fuel Subsidy Removal
The federal government has suspended its earlier plan to remove fuel subsidy, OduNews reports.
FG To End Fuel Subsidy 2023
The Federal Government says it will end payment of fuel subsidies by 2023, OduNews reports.