Petrol subsidy
Tinubu’s petrol subsidy removal hits neighbouring countries’ illegal gasoline market
BY BEN EGUZOZIE President Bola Tinubu’s recent premium motor spirit (PMS) subsidy removal in Nigeria has hit the country’s…
Tinubu declares end of petrol subsidy regime
By Business A.M. President Bola Ahmed Tinubu, Nigeria’s new president has declared an end to the fuel subsidy regime in…
Nigeria to gain N6trn annually if FG halts petrol subsidy, says Muda Yusuf
By Onome Amuge Nigeria’s revenue can improve by N6 trillion annually if the government discontinues its petroleum subsidy regime, according…
Nigeria faces mid-2023 fiscal cliff over petrol subsidy removal, says Agusto
BY CHARLES ABUEDE A new report examining Nigeria’s beleaguered petrol supply years of intricacies by some expert analysts projects that…
Petrol subsidy rises to N47.5/litre as oil price hits $67.86
The subsidy on premium motor spirit, popularly known as petrol, has risen to N47.5 per litre as the expected open…
Petrol subsidy gulped N650.2bn in 12 months – Report
The federal government spent a total N650.2bn in subsidising premium motor spirit; latest statistics obtained from the Nigerian National Petroleum…
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