Tag: Fuel Subsidy
Importing fuel from Niger Republic is no embarrassment – Sylva
Says fuel subsidy not completely gone
The minister of state for petroleum resources, Mr. Timipre Sylva has said that the federal government’s plan to resume...
N1.5trn spent on fuel subsidy in 2019 – Presidential aide
The senior special assistant to the president on Niger Delta Affairs, Mr. Ita Enang has revealed that the federal government spent N1.5 trillion on...
Death of witness’ brother from Lassa fever stalls Farouk Lawan’s $500,...
Former chairman, house of representatives ad-hoc committee on
investigation into fuel subsidy regime in 2012, Mr. Farouk Lawan, told a Federal
Capital Territory High Court in...
FG mulls removal of fuel subsidy
The federal government has made a smart move to wriggle
itself out of fuel subsidy payment by encouraging the use of gas-powered
vehicles.
The minister of state...
Fuel subsidy gulps N11trn in six years – Senate
The senate has revealed that Nigeria spent N11 trillion on
fuel subsidy payments in the last six years.
The senate disclosed this at its plenary yesterday...
Fuel subsidy stays for now —minister
The minister
of finance, Mrs. Zainab Ahmed has said there is no plan by the federal
government to remove fuel subsidy in the immediate future.
Ahmed who
stated...
FG will phase out fuel subsidy gradually –Minister
Apparently reacting to the recent World Bank report on
Nigeria spending N731 billion on inflated petrol subsidy in 2018, the minister
of finance, Mrs. Zainab Ahmed...
Petrol subsidy gulped N623bn in 11 months
The Nigerian National Petroleum Corporation (NNPC) spent a
total of N623.16 billion on fuel subsidy between January and November this
year.
The corporation disclosed this in...
Fuel subsidy now gulps N774m daily
The Nigerian National Petroleum Corporation (NNPC) said on Sunday it was subsidising the supply of petrol to the tune of N774 million every day,...
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