fuel subsidy | Business Post Nigeria

Explainer: Why Nigeria Suspended Fuel Subsidy Removal Before June Deadline?

April 28, 2023

By Adedapo Adesanya The National Economic Council (NEC) on Thursday, April 27, suspended the planned removal of subsidy on petroleum products by the end

Economy

Obi Vows to Remove Fuel Subsidy First Day in Office if Elected President

January 8, 2023

Dipo Olowookere

By Dipo Olowookere Candidate of the Labour Party in the February 25, 2023, presidential election, Mr Peter Obi, has promised to yank off fuel

Economy

Inflation, Fuel Subsidy Draining Nigeria’s Fiscal Revenues—IMF

November 18, 2022

Aduragbemi Omiyale

By Aduragbemi Omiyale The International Monetary Fund (IMF) has said Nigeria’s fiscal revenues, which are mainly earnings from taxes, duties, and others, are being

Economy

Fuel Subsidy to Gulp N3.36trn in 2023

October 19, 2022

Adedapo Adesanya

By Adedapo Adesanya The federal government has disclosed that the sum of N3.36 trillion has been allocated for fuel subsidy in 2023, just as

Economy

Peter Obi Describes Petrol Subsidy as Organised Crime

September 19, 2022

Modupe Gbadeyanka

By Modupe Gbadeyanka Former Governor of Anambra State, Mr Peter Obi, has called the payment of subsidy on petroleum by the Nigerian government an

Economy

Outrage Over Payment of N18.39bn Daily for Fuel Subsidy

August 19, 2022

Adedapo Adesanya

By Adedapo Adesanya Some Nigerians have started to express anger over the disclosure by the Minister of Finance, Budget and National Planning, Mrs Zainab

Economy

House Investigates Daily Fuel Consumption in Nigeria

January 26, 2022

Modupe Gbadeyanka

By Modupe Gbadeyanka An investigation to determine how much fuel is consumed daily in Nigeria has commenced and it is being conducted by the

Economy

FG Suspends Fuel Subsidy Removal, to Amend 2022 Budget

January 24, 2022

Modupe Gbadeyanka

By Modupe Gbadeyanka The federal government has suspended fuel subsidy removal, which was earlier meant to be from July 1, 2022, and will now

General

CNPP Accuses FG of Deceit in Subsidy Implementation

November 29, 2021

Modupe Gbadeyanka

By Modupe Gbadeyanka Leaders of the Nigerian labour unions, including the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), have been accused

Economy