Subsidy

Subsidy palliative: ‘Govt of renewed shege’ – Sowore knocks FG

Omoyele Sowore, a human rights campaigner, has blasted President Bola Tinubu's administration. Sowore called Tinubu's administration a "renewed shege" government.…

1 year ago

President Tinubu writes NASS, seeks N500bn for palliatives

In a letter to the National Assembly, President Bola Tinubu asked for a change to the 2022 supplementary appropriation act…

1 year ago

Monthly fuel consumption drops by 18.5million liters after deregulation – FG

According to the Federal Government, 11.26 billion liters of Premium Motor Spirit, popularly known as petrol, were consumed nationwide in…

1 year ago

Fuel subsidy removal: FG saves N400bn in four weeks – Operators

Operators in the downstream oil and gas industry claim that in the past 30 days, the elimination of gasoline subsidies…

1 year ago

World Bank: Subsidy removal, painful but key to growing Nigeria’s economy

According to the World Bank, the Federal Government's policies on exchange rate unification and subsidy elimination are still essential to…

1 year ago

Electricity tariff increase, 7.5 percent VAT on petrol unsettles Nigerians

The first 22 days of President Bola Ahmed Tinubu's government have, in the words of many Nigerians, been "bitter-sweet." His…

1 year ago

SERAP sues Tinubu over ‘missing $2.1bn, N3.1trn subsidy payments’

President Bola Tinubu is being sued for "missing subsidy payments" by the Socio-Economic Rights and Accountability Project (SERAP). The organization…

1 year ago

NLC, TUC suspend planned nationwide strike

The planned statewide strike in protest over the elimination of gasoline subsidies has been put on hold by the Nigeria…

1 year ago

Kwara reduces work days for public servants

Following the elimination of the federal government's gasoline subsidy, the Kwara State Government has approved a short-term palliative measure to…

1 year ago

Oshiomhole rules out return to old price, as TUC insists on N194/liter

Adams Oshiomhole, a former governor of Edo State and current senator-elect, has ruled out the idea that the federal government…

1 year ago