Tag: fuel subsidy

Petroleum Minister tells lawmakers there will be severe social disruption in Nigeria if deregulation is not allowed.

The union urges Nigerians to support the price increase, saying it's a bitter pill the country has to take.

"This contains jobs, social safety allowance for the most vulnerable people, free schooling for science students."

The influential workers’ groups surprisingly toe a different path from the Nigerian Labour Congress.

Mr. Osinbajo says President Buhari is probably one of the most convinced pro-subsidy advocates in Nigeria.

The governor speaks a day after petrol price was raised to N145 a litre.

The minister says the new policy will ensure availability of products across the country

Was the federal government paying up to N58.50 as subsidy on one litre of petrol before now?

The chamber says FOREX policy must be reviewed to make it succeed.

Mr. Fashola, a former governor of Lagos State, is now a key member of the ruling All Progressives' Congress government.

The PPPRA says the fuel price hike remains the only way to ensure product availability.

"If labour leaders do not also stand up for the people at this time, posterity will not forgive them."

Fuel price band of N135 - N145 per litre is proposed.

The federal government says it is paying subsidy of N12.62.

The agency says the era of fuel subsidy is gone

The corporation says about N522.3 billion outstanding fuel subsidy claims by marketers approved since December 2015 would be paid soon.

Enterprise Bank denied issuing the letter of credit.

"The personnel are currently restricted with the subsidy regime."

The NLC says it is devising ways to prevent treasury looters from evading justice for upward of seven to 10 ...

Any unilaterally determined and announced price is unlawful.

Oil workers say they don't oppose the deregulation of the sector, but they want a holistic implementation of the policy.

An attempt by the government to cut fuel subsidy in 2012 led to what came to be known as the ...

NLC says it is ready to mobilize against any governor who sacks workers.

Mr. Oyegun the “corruption-tainted” subsidy is not sustainable.

The former governor opposed the planned removal of subsidy by the Jonathan government in 2012.