Nigeria to revert petrol price to N97 per litre in gradual phase-out of subsidy
Mr. Kachikwu says total subsidy figure for 2015 is in excess of N1trillion
Tag: subsidy
N1.1 billion subsidy fraud: Court admits more exhibits
Mr. Okim said the crux of the matter was the diversion of the over 10,000 metric tonnes of petrol. An ...
I won’t increase petrol price illegally – Jonathan
“By the time we stabilise power, we will create more jobs.” President Goodluck Jonathan has stated that the nationwide petrol ...
Marketers ask Nigerian government to pay outstanding fuel subsidy claims
“As at April 1, we were still owed an outstanding of over N53.6 billion by government on subsidy.” The Executive ...
Nigeria approves importation of 1.85 million metric tonnes of petrol – NNPC
“The supplementary volume for first quarter quota is 750, 000 metric tonnes and the second quarter June only volume is ...
Subsidy: How Arisekola’s son duped Nigeria of N1.1 billion – EFCC
The marketers imported 15,000 metric tonnes of petroleum products, but only discharged 4,264 metric tonnes, the witness said. A prosecution ...
N789.6 million subsidy fraud: EFCC files amended charge against three oil marketers
The EFCC alleged that the marketers did not import the 10,862 metric tonnes of Premium Motor Spirit, PMS, for which ...
N1.4 billion subsidy scam: Court fixes June 4 for ruling on jurisdiction
The accused persons allegedly conspired to obtain the amount from the Federal Government under false pretence. An Abuja High Court ...
N1.7 billion subsidy fraud: Absence of prosecutor stalls trial of oil marketer
The accused persons were alleged to have fraudulently obtained N1.7 billion from the Federal Government. The absence of the prosecution ...
Subsidy killing: Furious Lagos judge threatens to close prosecution’s case
Prosecution witness was absent A furious Justice Olabisi Akinlade of a Lagos High Court, Igbosere, Monday, threatened to close the ...
N1.7 billion subsidy fraud: Judge’s absence stalls trial of oil marketer
The case was adjourned to February 3, 2014. The absence of the judge on Tuesday stalled the trial of an ...
N96 million bribe: Farouk Lawan’s trial adjourned to March, 2014
The suspects are accused of demanding and collecting bribe from an oil tycoon. An FCT High Court on Wednesday fixed ...
Nigerian lawmakers to probe kerosene subsidy payment
Very few filling stations sell kerosene at the approved pump price. The House of Representatives on Wednesday mandated its Committee ...
PPPRA yet to account for additional N90.11bn subsidy payment in 2009- NEITI
The PPPRA says it is planning to address all controversy in an advertorial. The Nigerian Extractive Industries Transparency Initiative (NEITI) ...
EFCC witnesses contradict each other in trial of alleged subsidy thieves
The case has been adjourned to November for further hearing. A witness for the Economic and Financial Crimes Commission (EFCC) ...
Oil marketers appeal for prompt payment of subsidy funds
The marketers complain that huge sums are paid as interests to banks whenever there is a delay in subsidy payment. The ...
Trial of dismissed police officer accused of killing subsidy protester begins
Adedamola Daramola was shot during the fuel subsidy removal protest in January 2012. The trial of Segun Fabunmi, the dismissed ...
One year after arraignment, trial of PDP Chairman’s son over N1.8bn subsidy fraud yet to start
The trial has been bugged down by a plethora of 'talks'. One year after the Economic and Financial Crimes Commission, ...
Subsidy fraud: Court to rule on Ifeanyi Uba’s application June 25
Ifeanyi Uba does not want to be investigated by the EFCC. The Federal High Court Abuja presided over by Justice ...
N1.8bn subsidy fraud: Court grants PDP Chairman’s son, Tukur, leave to travel abroad for business
The judge gave the permission on Tuesday. An Ikeja High Court on Tuesday granted permission to Mahmud Tukur, son of ...
Majority of Nigerians want petrol subsidy to continue- survey
About 2,400 respondents participated in the survey. Patience Ogbo A vast majority of Nigerians want the federal government to continue to ...
Subsidy fraud: PPPRA, Akintola Williams Deloitte inflated figures, misled government- EFCC
The auditing firm relied on third party accounts. The Economic and Financial Crimes Commission, EFCC, has said that the Petroleum ...
Nigeria to provide subsidy for rice farmers in Kebbi – Minister
Nigeria plans to ban rice importation in 2015. The Minister of Agriculture, Akinwumi Adesina, has said that the Federal Government ...
Farouk Lawan to know fate on bribery charge May 2
More than a year after, the infamous bribery case is yet to fully start. Farouk Lawan, the former Chairman, House ...
Jonathan using SURE-P funds for 2015 campaign, ACN insists
The action of the Nigerian President resident is a very serious violation of the constitution, the ACN says. The Action ...
