Tag: subsidy removal
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Labour Party Lawmakers Donate Six Months’ Salaries to Alleviate Hardship in Anambra
In a commendable display of patriotism and compassion, eight members of the Anambra House of Assembly, representing the Labour Party (LP), have generously donated their six-month ... -
Nigerian National Petroleum Company Limited (NNPCL) Zero Remittance to Federation Account in 2022 – CFO Reveals
In a significant development, the Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), Umar Ajiya, disclosed that the company remitted zero funds ... -
Subsidy: FG owes NNPCL N2.8trn – Kyari
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has disclosed that the Federal Government owes the company to the tune ... -
Five benefits of fuel subsidy removal
President Bola Tinubu on Monday announced fuel subsidy was gone because there is no budgetary allocation for it after June. What is fuel subsidy? Fuel subsidies are ... -
$800m new loan and PMS subsidy removal
Within last week, the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced that the Federal Government had negotiated and got the approval of the ... -
Zainab Ahmed: FG to stop paying petrol subsidy June 2023
Zainab Ahmed, minister of finance, budget and national planning, says the federal government will halt the costly petrol subsidy in June 2023. Ahmed spoke on Thursday ... -
How security report forced Buhari to cancel planned subsidy removal
Intelligence handed over to the President by security officials showed that the protests would have accompanied the subsidy removal might have been far worse than the ...