HomeTagsFuel subsidy

fuel subsidy

Eze Loses Equatorial Guinea Stake After Chevron Dispute

Arthur Eze’s Atlas Petroleum loses its Equatorial Guinea stake in Block I, clearing the way for Chevron to advance the Aseng gas development.

Nigeria’s Informal Workers Risk Old-Age Poverty, PenCom Warns

PenCom warns that Nigeria’s informal sector pension gap leaves millions facing retirement without savings, as new agents are deployed to expand pension coverage.

Fuel Subsidy Removal Unavoidable, Tinubu Defends

Tinubu restates no regrets on subsidy removal, says it was for recovery and fiscal discipline.

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.

Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

Atiku Calls for Probe Into Secret Fuel Subsidy Payments

Atiku Abubakar urges the National Assembly to investigate alleged secret fuel subsidy payments by President Bola Tinubu’s administration.

IMF Urges Nigeria to End Electricity Subsidies

The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.

State Police: Ex-Senate President Backs APC, Urges Transparency on Fuel Subsidy

Nigeria's former Senate President and the Chairman of the Board of Trustees of the...

Tinubu: Fuel Subsidy Removal Will Pay Off Soon

LAGOS - President Bola Tinubu has assured Nigerians that the removal of fuel subsidy,...

Nigeria’s Services Sector Boosts Economy Despite Fuel Price Hike

Nigeria, Africa’s largest economy, recorded a slight increase in its economic growth in the...

How Nigeria Saved N1.45 Trillion by Scrapping Fuel Subsidy

Nigeria’s government has revealed that it has saved about N1.45 trillion between June and...

Petrol Scarcity Hits Harder in Abuja, Lagos, Across Nigeria

Nigeria's woes deepen as cities like Abuja and Lagos witness intensified petrol scarcity, exacerbating...

Nigeria Spent $10 Billion on Fuel Subsidy in 2022, Says Official 

Nigeria, the largest oil producer in Africa, has been subsidizing the petrol price for...

Nigerian Workers Get Six-Month Pay Rise Amid Fuel Subsidy Removal

Nigeria’s President Bola Tinubu has announced a provisional wage increase of N35,000 for all...

Latest articles

Eze Loses Equatorial Guinea Stake After Chevron Dispute

Arthur Eze’s Atlas Petroleum loses its Equatorial Guinea stake in Block I, clearing the way for Chevron to advance the Aseng gas development.

Nigeria’s Informal Workers Risk Old-Age Poverty, PenCom Warns

PenCom warns that Nigeria’s informal sector pension gap leaves millions facing retirement without savings, as new agents are deployed to expand pension coverage.

Onitsha Main Market Reopens as IPOB Ends Sit-at-Home

Trading resumed cautiously at Onitsha Main Market after IPOB ended its sit-at-home order, but weak customer turnout highlighted lingering security fears.

Ekiti Courts Adopt Digital Platform Allowing Judges Remote Work

Ekiti State courts adopt the Nigeria Case Management System, allowing judges and lawyers to manage cases remotely as Nigeria advances judicial digital reform.