Fuel Subsidy

Residents of Ondo and Ekiti states have continued to condemn the increase in pump price of Premium Motor Spirit otherwise known as petrol. The Nigerian Government increased petrol price from…

Fuelling stations across the Federal Capital Territory (FCT) Abuja have started to sell petrol at N143 per litre, as announced by the Federal Government, with effect from July 1. A…

A former vice-president, Atiku Abubakar says Adams Oshiomhole, chairman of the ruling All Progressives Congress (APC), stood against fuel subsidy removal when Olusegun Obasanjo was president. Oshiomhole, at the time,…

If the Federal Government’s pricing template is anything to go by, Nigerians may have to brace for an increase in the pump price of fuel as oil prices begin to…

The federal government, through the Petroleum Products Pricing Regulatory Agency (PPPRA), has announced a reduction in the pump price of petrol. A statement signed by Abdulkadir Saidu, PPPRA executive secretary,…

President Muhammadu Buhari, on Saturday in Abuja held bilateral talks with some leaders of Economic Community of West African States (ECOWAS). NAN reports that the meetings were held on the…

The Petroleum Products Pricing Regulatory Agency (PPPRA) on Monday said current data showed the federal government is currently subsidizing the supply of every litre of petrol with about N21.22. The…

The federal government has said it will spend about N450 billion next year on fuel subsidy. This is despite the commitment by the Nigerian National Petroleum Corporation (NNPC) to rehabilitate…

The Senate on Sunday said it will probe the Nigerian National Petroleum Corporation, NNPC, and Independent Marketers over alleged irregularities in the subsidy fund. The Chairman, Senate Committee on Petroleum…