Tag: Fuel Subsidy
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Endure the pains of subsidy removal – Akume urges Nigerians
Following the removal of fuel subsidy, the Secretary to the Government of the Federation, George Akume, has urged Nigerians to continue to endure the pains.
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How daily petrol consumption dropped by 35% after subsidy removal
Daily average consumption of Premium Motor Spirit (PMS), otherwise known as petrol, in Nigeria, has dropped drastically by 35% after President Bola Tinubu removed payments of fuel subsidy. TheNewsGuru.com (TNG) reports Nigeria’s daily average petrol consumption figure dropped from 66.6 million litres per day in May to 49. 5 million litres per day in June.…
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Where is our humanity? – By Francis Ewherido
I have been somber for much of the week. I had a bumpy week. Beyond my personal issues, a news item I saw on Monday made me really sad. A headline in GWG, an online news platform, sent my heart racing: “First-Class UI
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N500bn palliative: Kano govt refutes criticising FG’s sharing formula
The Kano State Government has dismissed as false reports insinuating that it had criticised President Bola Tinubu’s N500 billion palliative sharing formula. The state deputy governor, Aminu Abdulsalam-Gwarzo, gave the clarification
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IMF advises Tinubu on how to mitigate impact of fuel subsidy removal
The International Monetary Fund (IMF) has advised President Bola Tinubu on how to mitigate the impact of fuel subsidy removal.
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Would Nigeria take IMF loan to cushion petrol and Naira subsidy removal? – By Magnus Onyibe
As I was in the process of releasing this piece into the mass media,the news broke that President Tinubu has on Wednesday 12 July ,put forward a request to the House of Representatives, HoR for five hundred (N500b) billion naira as extra funds for the provision of succor for the masses undergoing what Mr President…
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Subsidy removal: NANS demands reduction in school fees
The National Association of Nigerian Students (NANS) has called for reduction in school fees across tertiary institutions in the country to cushion the effects of fuel subsidy removal on students.
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What Tinubu discussed with Class of 1999 Governors
President Bola Tinubu, on Wednesday, received members of the Class of 1999 Governors, who paid him a courtesy visit at the Presidential Villa, Abuja.
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Senate moves to probe fuel subsidy regime
The Senate on Tuesday constituted an ad hoc committee to investigate the fuel subsidy regime of the Nigerian National Petroleum Company Limited (NNPCL).
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Deregulation: Monthly fuel consumption declines by 18.5million litres
Following the pronouncement by President Bola Tinubu on removal of fuel subsidy, Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres as consumption reduced by an average of about 18.5 million litres daily in June.