fuel subsidy

Fuel Subsidy Removal Saves $20 Million a Day – Taiwo Oyedele

Fuel Subsidy Removal Saves $20 Million a Day – Taiwo Oyedele

Today, at the 2025 NESG Macroeconomic Outlook, Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, revealed… Read More

4 months ago

Presidency: Fuel Subsidy Removal Has Tripled Allocation to States

Since the government removed fuel subsidies, revenue sharing between the federal, state, and local governments has dramatically increased. This revenue… Read More

4 months ago

Nigeria May Have Eradicated the Fuel Subsidy As the NNPC Allows Direct Purchase of Dangote Petrol

The Premium Times has "exclusively" reported that the Nigerian National Petroleum Company Limited (NNPC) is withdrawing from its exclusive "sole… Read More

7 months ago

In Remarkable Turn Around, Dangote Calls for End to Nigeria’s Fuel Subsidy

The Nigerian billionaire Aliko Dangote and Dangote Refinery, Africa's largest refinery has finally joined the call for ending Nigeria's wasteful… Read More

8 months ago

Dangote Refinery Selling Petrol to NNPC In Dollars, NNPLC’s N898 Price Is “Malicious”

The spokesman of Dangote Refinery Limited (DRL) has issued a statement to denounce "the statement attributed to NNPCL spokesman, Mr… Read More

8 months ago

Dangote Refinery Petrol: Marketers to Start Lifting Dangote Petrol On Sunday at N765.99 Per Litre

In another twist to the long running saga over Dangote Refinery Limited (DRL) supply of refined petroleum to the Nigerian market,… Read More

8 months ago

Fuel Price: Rejecting NLC’s Democracy of Cheap Petrol and Suicidal Subsidy

"After almost 50 years of fuel subsidy, it is very clear that what the fuel subsidy delivers to Nigerians is… Read More

9 months ago

Nigeria Fuel Subsidy: Government Doubles Down on Denying N620 Billion Per Month Bill

The Nigerian National Petroleum Company Limited (NNPCL) has admitted that the Federal Government is indirectly subsidising petrol, contradicting its public… Read More

9 months ago

Why Tinubu removed fuel subsidy – Finance minister Wale Edun

Wale Edun, the Nigerian Minister of Finance and Coordinating Minister of the Economy, disclosed that Nigeria spends $600 million monthly… Read More

9 months ago

Tinubu’s cabinet full of incompetent lightweights, says Financial Times

President Bola Tinubu's efforts to reform Nigeria's economy are being undermined by a cabinet filled with individuals lacking the necessary… Read More

10 months ago

Nigeria ‘wasted’ N25 trillion on fuel subsidy in 14 years, says economist Eigbe

Key Points Nigeria has spent N25 trillion on fuel subsidy over the past 14 years. The subsidy amount could have… Read More

10 months ago

First Post Subsidy Oil Cargo Lands Nigeria, Emadeb Calls for Fixed Forex Rate for Oil Imports

On Wednesday, the 20th of July, the first privately owned oil cargo post-subsidy came into the country. Emadeb Energy Services… Read More

2 years ago