On Tuesday, the senate received a request from President Muhammadu Buhari to approve adjustments to the 2022 fiscal framework. The request was contained in a letter...
The President of Nigeria, Muhammadu Buhari has requested for the inclusion of N2.557 trillion as an additional petrol subsidy payment in the 2022 budget. Buhari sought...
Nigeria’s total well-being can receive a real boost when essential reforms are done and the needed policies are implemented, the International Monetary Fund (IMF) said. The...
The Nigerian National Petroleum Company (NNPC) has stated that due to the increase in the price of crude oil in the global market, an additional N2.5...
The Federal Government has suspended plans to remove fuel subsidy by the end of the first half of 2022 over heightened inflation, according to the Minister...
Following insinuations that the subsidy on petrol will be removed after the first half of the year 2022, the National Economic Council (NEC) has stated that...
The Nigeria Governors’ Forum (NGF) under the chairmanship of Dr Kayode Fayemi has said it will meet with the Nigerian Labour Congress (NLC) and the Trade...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the deregulation of petroleum product will take effect from July 2022. She made...
The Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, said the Federal Government had made plans for petrol subsidy only up to the end...
Nigeria may end up spending N2 trillion on petrol subsidy this year if the current situation persists, the Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie,...