Bayo Onanuga The Buhari administration is now caught in a policy quagmire over whether petrol subsidy should be resumed or allow the market to determine the price. As far as…
Tag: FUEL SUBSIDY
FG SET TO REINTRODUCE FUEL SUBSIDY AS OIL PRICE NEARS 56DOLLARS PER BARREL
The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the product in Nigeria, and appears…
OIL MARKETERS DENY NNPC STORY, ‘WE DIDN’T RECEIVE 5.35BIL SUBSIDY ON OIL, NOTHING WAS PAID TO ANYBODY’
Oil marketers on Monday expressed surprise over the resurfacing of petrol subsidy in June 2020 as disclosed by the Nigerian National Petroleum Corporation in its latest operations report. According to…
NNPC EATS ITS WORDS PAYS 5.4BIL FOR FUEL SUBSIDY
By Michael Eboh Subsidy on Premium Motor Spirit, PMS, also known as petrol, has once again resurfaced, as the Nigerian National Petroleum Corporation, NNPC, weekend, said it incurred N5.35 billion…
FUEL SUBSIDY WILL NOT RETURN, FG ASSURES IMF
Femi Asu The Federal Government has pledged that it will ensure that fuel subsidy, which was recently removed, does not re-emerge. The Minister of Finance, Budget and National Planning, Mrs…
ERA OF FUEL SUBSIDY GONE FOREVER-NNPC BOSS
The era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, said on Monday. Kyari, who spoke during a live programme on…