Tag: Subsidy
NLC Dismisses Reports of Cancelled Demonstration as ‘Laughable and Desperate’
Despite the appeals of governors and lawmakers, the Nigeria Labour Congress (NLC) announced that it will hold its planned demonstration on Wednesday.The Nigeria Labour...
Subsidy: FG considers wage review as labour begins strike Wednesday
The Federal Government has said it is considering an increase in the national minimum wage to reflect the current economic realities in the country.
This...
Subsidy: Fuel Price Hike Sparks Nationwide Discourse, Prompting Calls for Government...
Fuel stations have started selling premium motor spirit (petrol) for N600 per litre less than three days after President Bola Tinubu took office on...
JUST IN: FG suspends subsidy removal
The National Economic Council (NEC) on Thursday suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration.
The...
Subsidy Removal: FG gets $800m World Bank grant for palliatives
Ahead of the removal of fuel subsidy, the federal government has disclosed that it had secured an $800million funding from the World Bank to...
EFCC recovers N13bn illegal fuel subsidy payments
The Economic and Financial Crimes Commission recovered about N13bn as proceeds of illegal payments made under the subsidy regime between 2017 and 2021, The...
FEC deliberates on N3trn subsidy bill presented by NNPC
FEC deliberates on N3trn subsidy bill presented by NNPC
NEWS DIGEST –The controversies surrounding the proposed fuel subsidy removal may not have ended, as the Nigerian...
We may no longer carry subsidy burden, petrol may sell for...
We may no longer carry subsidy burden, petrol may sell for N234 per liter — NNPC GMD
NEWS DIGEST - General managing director (GMD) of...
Finance Minister dismisses report on removal of fuel subsidy
NEWS DIGEST - The Minister of Finance, Mrs Zainab Ahmed, on Wednesday refuted media reports that the Federal Government had agreed with the International...
NUPENG, PENGASSAN, urge FG to shun counsel on removal of fuel...
NEWS DIGEST - Workers in the oil and gas sector on Sunday advised President Muhammadu Buhari to shun any counsel that would destabilise or...