VIDEO: Residents Lament Hike in Transport Fares, Others over Fuel Subsidy Removal   Nigerians have continued to groan over the consequential inflation in the prices of transportation and other staple items weeks after the implementation of the Federal Government's fuel subsidy removal policy. President Bola Ahmed Tinubu...

Subsidy Removal: FG Saves N400bn in One Month The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when the initiative was officially implemented, oil marketers stated...

I Defied my Aides to Mention Fuel Subsidy Removal in Inaugural Address - Tinubu   President Bola Ahmed Tinubu on Friday told Nigerians in France that he removed fuel subsidy because it was a scam. He explained that fuel subsidy is disincentive to growth as it rewarded...

Spending On Petrol May Rise To N8trn After Subsidy Removal   Petrol consumers may pay about N8.4trn for Premium Motor Spirit, popularly called petrol, between July and December 2023 once the Federal Government stops subsidy on PMS in June, latest findings and industry data showed. This represents...

NUPENG To FG: Ensure Refineries Work Before Subsidy Removal   Against the backdrop of the planned removal of subsidy from premium motor spirit (PMS), the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned the federal government against going ahead without bringing the local...

NNPCL Plan N148/litre, Tinubu Insists on Subsidy Removal The Nigerian National Petroleum Company Limited is planning to sign an agreement with independent oil marketers to ensure that the ex-depot price of petrol is N148/litre. The National Controller, Operations, Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, ...