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Proponents of “Shege”: Tinubu’s Presidency and the Rest of Us, by AbdurRaheem Sa’ad Dembo

Proponents of "Shege": Tinubu's Presidency and the Rest of Us, by AbdurRaheem Sa'ad Dembo   The subsidy removal and floating of naira by President Bola Ahmed Tinubu's administration have made a lot of Nigerians to react in different ways.To some, it is a welcome development to...

Subsidy Payment Costs N864.07bn In Nine Months – NNPC

Subsidy Payment Costs N864.07bn In Nine Months – NNPC   The Nigerian National Petroleum Corporation spent a total of N864.07bn between January and September subsidising Premium Motor Spirit, popularly known as petrol. This amount represents 31 per cent of the total revenue of N2.7tn generated by the...

Senate Okays N69bn Subsidy Payment For 20 Oil Marketers

Senate Okays N69bn Subsidy Payment For 20 Oil Marketers The Senate on Tuesday approved the payment of N68.9bn as outstanding subsidy claims to 20 petroleum marketers. The breakdown showed that N10.8bn was approved as subsidy claim to Tanzila Petroleum Company, while N58.1bn was okayed for 19...

NNPC: FG Owes Us N170.6bn Subsidy Payments

NNPC: FG Owes Us N170.6bn Subsidy Payments The Nigerian National Petroleum Corporation (NNPC) said on Monday that it was being owed N170.6 billion paid to marketers as subsidy between 2006 and 2015. The claim came as NNPC: FG Owes Us N170.6bn Subsidy Payments Senate President Bukola Saraki...

FG: N1.4tr Saved from Subsidy Payments

Vice President; Professor Yemi Osinbajo in Kano has said federal government has so far saved N1.4trillion from subsidy payments, saying the savings is greatly easing pressure on the nation’s internal reserves. Speaking at the 15th National Council Meeting held in Kano, Professor Osinbajo said success on...