Tag: Subsidy
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FG quietly ends electricity subsidy
The federal government (FG) of Nigeria has quietly removed electricity subsidy, the Minister of Finance, Mrs Zainab Ahmed has revealed.
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BREAKING: Buhari requests additional N2.557 trillion to fund subsidy in 2022
President Muhammadu Buhari has requested that an additional provision for N2.557 trillion naira be appropriated by the National Assembly (NASS) to fund petrol subsidy in the 2022 Budget Framework.
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Petrol subsidy retention: President Buhari kicks the can down the road – By Magnus Onyibe
Before going into the nitty-gritty of the implications of the continuous retention of fuel subsidy in our National Budgets successively in the past four decades or so, and which by implication indicate that the welfare of Nigerians is in jeopardy as they would be enmeshed in a poverty trap for a long time, it is…
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Subsidy: FEC approves 2022 Appropriation Amendment Bill for transmission to NASS
Subsidy: FEC approves 2022 Appropriation Amendment Bill for transmission to NASS
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Fuel subsidy removal: Why we shelved planned protest – NLC
Fuel subsidy removal: Why we shelved planned protest – NLC
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NLC cautions against subsidy removal, hike in fuel price
NLC cautions against subsidy removal, hike in fuel price
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Subsidy removal: N350 per litre petrol price will plunge Nigeria into another crisis, Afenifere warns FG
The Federal Government’s plan to remove fuel subsidy, which would make Nigerians buy a litre of petrol do N350 would plunge the country into unimaginable crisis, capable of paralysing socio.-economic and industrial sectors, the Pan Yoruba Socio-political organisation, Afenifere has said. Reacting to the development in a press release signed by its national publicity secretary,…
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Nigeria’s future in jeopardy, if govt fails to end excessive borrowing culture – Sanusi
“…If we don’t make those sacrifices now and set a fiscal position of government so that we are not relying on excessive borrowing we are putting the future of this country in jeopardy. Lamido Sanusi A former governor of the Central Bank of Nigeria (CBN) and 14th Emir of Kano, Sanusi Lamido Sanusi, has said…