Fuel Subsidy: 500,000 Hectares Farmland To Ensure Food Security - Tinubu President Bola Tinubu on Thursday declared state of emergency on food security as the Federal Government stepped up efforts to tackle food shortage following the removal of fuel subsidy. Tinubu also approved that all matters...

More Pains For Nigerians As Petrol Sells Above N550/Litre   The pangs of the fuel subsidy removal continue to hit hard on Nigerians as the price of fuel per litre now jumps above N550. It was reliably gathered that there was a rise in the ex-depot price...

Palliative: FG Considers N702bn as Allowance for Workers Over Subsidy Removal   The National Economic Council has considered recommendations from the National Salaries Income and Wages Commission to pay N702bn as cost of living allowance to civil servants as part of intervention plans to mitigate the...

Subsidy Removal Has Doubled Depot Petrol Price - Marketers Prices of petrol at depots have increased more than 100 per cent following the official removal of subsidies since May 29. National Controller Operations, Mike Osatuyi, on Tuesday, told our correspondent that many downstream businesses were currently...

Rising Unemployment and Inflation: The Fallout of Nigeria's Subsidy Removal, by Omojo Wada   Consider the wonderful purpose of subsidies, a kind gesture that allows individuals and businesses access to petrol, an essential treasure, despite limited resources. However, in this tale, the small and medium enterprises...

Fuel Importation: Marketers Demand Equal Access To Forex   Oil marketers have projected that the ex-depot price of Premium Motor Spirit, popularly called petrol, would hit N515/litre once they source foreign exchange rate at the parallel market for the importation of PMS. Ex-depot price is the price...