Adebayo Obajemu Nearly two months after the Federal Government gave assurances that the ongoing petrol shortage in the nation’s capital and other parts of the country...
Mr. Peter Obi, Labour Party presidential candidate has described fuel subsidy payment in Nigeria as an organised crime, noting that the government is also behind oil...
Nigeria’s federal government has said removing fuel subsidy at this time could triggers social disharmony and instability. Lai Mohammed, minister of information and culture who said...
Nigeria’s federal government may incur N3.55trillion in petrol under-recovery cost, better known as subsidy in 2022, a report by Cordros Securities said at the weekend. The...
The The Nigerian National Petroleum Company (NNPC) spent N675 billion in fuel subsidy in three months, figures from the company show. NNPC in its monthly presentation...
Global financial institution, the World Bank has warned in its latest ‘Africa’s Pulse’ report, a biannual analysis of the near-term regional macroeconomic outlook, that Nigeria’s increasing...
By AYOOLA OLAOLUWA A showdown is imminent between the Federal Government and the 36 states governors over the decision of the former to continue paying for...
The Nigerian Labour Congress (NLC) has announced that it will hold a national protest on February 1, 2022, over a plan by the Federal Government to...
The Nigerian National Petroleum Company (NNPC) has said it made zero revenue from crude oil export in October as fuel subsidy gulped another N199 billion. This...