Tag: Fuel Subsidy
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NANS dares FG to remove fuel subsidy, says ‘Nigeria will be shutdown’
The National Association of Nigeria Students (NANS) on Friday warned the Federal Government Against removing subsidies on petroleum products.
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FG picks date for final removal of fuel subsidy, proposes N5000 monthly relief fund for 40m poorest Nigerians
The Federal Government has proposed June 2022 deadline for the final removal of subsidy on Premium Motor Spirit (PMS) also known as petrol.
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What we will do differently to remove fuel subsidy finally in 2022 – FG
What we will do differently to remove fuel subsidy finally in 2022 – FG
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FG to make curious provision for fuel subsidy in 2022 – NNPC GMD
The Federal Government will make provision for subsidy in 2022, the Nigerian National Petroleum Corporation (NNPC) has said.
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No set date for removal of fuel subsidy – Minister
The Minister of State for Petroleum, Timipre Sylva, has said that there is currently no set date for petrol subsidy removal. The minister who said this on Thursday on a monitored Channels Television programme added that the government is being considerate of citizens. “I cannot give you a date for now. But the Vice President…
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Fuel subsidy not beneficial to common man – FG
The Federal Government has again reiterated that subsidy on petrol will soon be withdrawn because it is not beneficial to the common man but favours a few rich individuals and firms. Minister of State for Petroleum Timipre Sylva told reporters on Tuesday in Abuja that there is no going back on the decision because the…
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How N1.4bn oil subsidy money was stolen
The ongoing trial of Abubakar Ali Peters, Chairman, Nadabo Energy, for an alleged N1.4bn oil fraud, continued on Tuesday, December 8, 2020, with the fifth prosecution witness, PW5, Abdulrasheed Bawa, telling Justice C.A. Balogun of the Lagos State High Court sitting in Ikeja that the defendant used forged documents to benefit from the Federal Government’s…
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Buhari gets World Bank’s commendation over fuel subsidy removal
David Malpass, President of the World Bank Group, has commended the Muhammadu Buhari Government for removing subsidies on petroleum products. He said this in Washington D. C. on Wednesday at the opening press conference for the World Bank at the ongoing 2020 International Monetary Fund (IMF)/World Bank virtual annual meetings. Malpass was responding to a…
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![Nigeria @60: Why Nigerians are now in pains – Rep Nkem-Abonta [INTERVIEW]](https://thenewsguru.ng/wp-content/uploads/2020/10/IMG_20200928_172013_357_1601553457648.jpg)
Nigeria @60: Why Nigerians are now in pains – Rep Nkem-Abonta [INTERVIEW]
As Nigeria commemorates its 60th Independence anniversary, certain issues of national importance have come to the fore, even with the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) having to suspend, at the last minute, the planned strike to protest against the pains Nigerians are passing through. Issues ranging from the issues of fuel…
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Buhari opens up on provision for fuel subsidy in revised 2020 budget
President Muhammadu Buhari has said there is no provision for fuel subsidy in the revised 2020 budget. He said this is simply because the federal government cannot afford it, if reasonable provisions must be made for health, education and other social services. Buhari made this known in his address at the first year ministerial performance…