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.
Fuel Subsidy Gulps N2.6trn In Eight Month
The Nigerian National Petroleum Commission (NNPC) Limited remitted nothing to the federal government coffers in August as its subsidy deduction increased to N2.565 trillion.
World Bank To Help Nigeria Phase Out Subsidy
President of the World Bank Group David Malpas says the bank will help Nigeria in phasing out fuel subsidy by increasing social assistance to the poor and vulnerable.
Fuel Subsidy Gulps N6.210trn In 8 Years
Nigeria's Minister of Finance and National Planning, Zainab Ahmed, has said that the government paid N6.210 trillion to oil marketers as subsidy in eight years.
FG To Stop Fuel Subsidy 2023
The Federal Government says subsidies on fuel will be stopped by June 2023.