Since taking office more than two years ago, President Bola Ahmed Tinubu has faced fierce public scrutiny. Critics have focused heavily on his administration’s decision to remove petrol subsidy and float the naira.

Electricity Subsidy Bill Surges to N762bn   Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the Nigerian Electricity Regulatory Commission (NERC) showed that the subsidy on power was approximately N178bn in January. It rose to N194bn...

DisCos Generate N466bn in Q3 as FG Shoulders N464bn Subsidy   The federal government incurred the sum of N464.12bn as subsidy payment in the electricity sector for the third quarter of 2024, a report by the Nigerian Electricity Regulatory Commission (NERC) showed. The report stated that the...

The Senate gave its approval on Tuesday for the 2025–2027 Medium Term Expenditure Framework and Fiscal Strategy Paper submitted earlier by the President Bola Tinubu as he prepares to present the 2025 budget to the National Assembly this week. 

Petrol: Oil Marketers Project N700bn Monthly Subsidy With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has increased to about N707bn, oil marketers projected on Monday. It was also gathered that as the Dangote...

FG Begins N2.7tn Subsidy Debt Probe The Federal Government has begun the proposed audit of the N2.7tn fuel subsidy claim by the Nigerian National Petroleum Company Limited (NNPCL). An audit firm, KPMG had conducted an initial audit reducing the claims from N6tn to N2.7tn. However, in the...