Subsidy

Reps laud Tinubu for fuel subsidy removal, urge Nigerians to remain calm

The House of Representatives has commended President Bola Tinubu for his courage in removing the subsidy on Premium Motor Spirit…

2 years ago

Subsidy: Petrol queues linger, marketers sell N350 per litre

Long queues resurfaced at some fuel stations in Lagos State on Tuesday, May 30, with motorists engaged in panic buying…

2 years ago

Tinubu removes fuel subsidy

President Bola Ahmed Tinubu has removed fuel subsidy. The new president made the declaration in his inaugural speech in Abuja…

2 years ago

FG: Nigeria spent N13trn on petrol subsidy in 16 years

The Federal Government has disclosed that Nigeria spent over N13 trillion on Premium Motor Spirit (PMS), otherwise known as petrol,…

2 years ago

Presidency: How Delta, Rivers, A’Ibom, 6 others shared N625bn

The Presidency has said Delta, Rivers, Akwa Ibom, and six other oil-producing states received a total of N625.43 billion 13…

2 years ago

2023: FG targets N8.46trn revenue, to spend N19.76trn

The Federal Government is proposing to spend N19.76 trillion in 2023. The 2023 budget, however, had a proposed deficit of…

2 years ago

2023: FG budgets N3.36trn for six-month subsidy payment

The Federal Government has proposed to spend N3.36 trillion on fuel subsidy payment in 2023. Petrol subsidy would remain up…

2 years ago

Despite price increment, FG denies removing fuel subsidy

Despite increment in the price of the Premium Motor Spirit (PMS), otherwise known as petrol, the Federal Government has denied…

2 years ago

NASS approves N4trn for fuel subsidy

The House of Representatives on Thursday approved N4 trillion for fuel subsidy in the revised 2022 Medium-Term Expenditure Framework (MTEF)…

3 years ago

Buhari to NASS: Approve N2.557trn for subsidy, delete inserted projects

President Muhammadu Buhari on Tuesday asked the National Assembly to approve N2.557 trillion for subsidy payment on petroleum products. The…

3 years ago

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