Chairman Independent Petroleum Marketers Association of Nigeria IPMAN Rivers State, Dr. Joseph Obele, has said following the consistent increment in the price of Crude oil, it is obvious Federal Government has Intervened by closing the price gap in the landing
Reports gathered that Following the hike in the price of petrol on account of the removal of subsidy, a Federal Government agency, the Public Complaints Commission, has mulled work from home for its workers. This was contained in a memo signed by the secretary
The Federal Government has suspended plans to remove fuel subsidy by June this year. Minister of Finance, Budget and National Planning, Ahmed Zaniab gave the indication on Thursday, shortly after the National Economic Council, NEC, meeting, chaired by the
The federal government has suspended its plan to remove petrol subsidy later this year. This was confirmed by Minister of Finance, Hajia Zainab Ahmed when she appeared before National Assembly members on Monday January 24. Ahmed who noted that the timing was
On Saturday, the Nigerian government revealed that there are no more subsidies in the electricity sector as it has succeeded in quietly removing subsidy from electricity tariffs across the country. Speaking at a meeting of African Finance Ministers and the
The Nigeria Labour Congress will embark on a nationwide strike on Wednesday next week. The congress said the strike action would be implemented if the Nigerian National Petroleum Company Limited fails to reverse the new pump price for the Premium Motor Spirit
In Cameroon, the unintended consequences of Nigeria's fuel subsidy withdrawal ripple across the beleaguered Anglophone region. WHAT HAPPENED TO CAMEROON'S REFINERY? On the night of 29 May, 2019, the lone petroleum refinery in Cameroon was struck by a massive
The Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, have suspended the planned nationwide strike over fuel subsidy removal. The Chief of Staff to the President, Femi Gbajabiamila disclosed this on Monday night after a meeting between the federal
In his inaugural address at Eagle Square, Abuja, President Bola Tinubu declared the removal of subsidy on petroleum products, highlighting his administration's focus on economic growth and reform. Shortly after being sworn in as the 16th President of Nigeria
The International Monetary Fund (IMF) has said the Nigerian government has resumed the payment of subsidies on the premium motor spirit (PMS), otherwise known as petrol. Recall that on May 29, 2023, during his swearing-in speech, President Bola Tinubu announced
As part of measures to cushion the effect of the removal of petrol subsidy, the Edo State Government reduced the number of days for operations at public basic and junior secondary schools in the state from five to three beginning from June 13. The Chairman
President Bola Ahmed Tinubu has said Nigerians will soon get palliatives to cushion the effect of the fuel subsidy removal. The Nigerian leader made the disclosure on Wednesday when he received Class of 1999 Governors in the Council Chamber of the State House
President Muhammadu Buhari has explained why he ignored advice from International Monetary Fund (IMF), World Bank and other leading economists to remove the fuel subsidy. In an interview he granted Bloomberg, Buhari said western allies are now learning that