Tag: subsidy

"It is risky for any marketer to attempt to hoard the product...," the professor said.

Subsidy can no longer justify its ever-increasing costs in the wake of drying resources, Mr Tinubu said.

Mr Tinubu says the 2023 budget does not have provision for fuel subsidy regime.

Government’s strategy must be issue-based and not confrontational, an expert said.

"In June 2023, we should be able to exit," an official said.

Mr Kyari noted that global market conditions have pushed the landing cost to about three times the value of the ...

"There are threats to life, I can say this, I have several death threats but we are not bothered about ...

The governor said people inside government instigating the ASUU strike would be exposed after the union called off the strike.

The National Assembly approved the increase in fuel subsidy by N3.557 trillion.

The announcement the government pays up to N120 billion monthly sets the stage for a likely hike in the retail ...

The labour unions suspended their rally and strike after a late night meeting with a federal government team at the ...

It noted that in 2012, N1.35 trillion was paid as subsidy, the highest in the period under review.

The removal of the subsidy has led to the increase in petrol and electricity prices across Nigeria.

Mr Kyari said the plan ultimately was to get private partners to invest in the refineries and get them to ...

The deregulation of the country’s oil industry will throw open the petroleum products market for competition among the marketers.

Nigeria’s current daily oil production is about 1.73 million barrels.

The oil marketers had given a seven-day ultimatum.

The minister had said Nigeria spends N1.4 trillion annually to subsidise petrol imports.

''Why is the FG cloaking the subsidy regime in secrecy if not to conceal its duplicity?"

The court needs the death certificate of one of the suspects.

The government said there was no plan to hike fuel price

The judge said the sentence would start to count from January 13, 2016.

Ademola Aderinto was killed during the January 9, 2012 protest against fuel subsidy removal in Lagos.

"The oil and gas sector remains very critical to the stability and growth of our economy"

The case was adjourned till March 7 next year for trial.