The Nigerian government has confirmed its plan to settle a fuel subsidy debt of N7.74 trillion owed to the Nigerian National Petroleum Company Limited (NNPCL) within...
The cost of petrol subsidies in Nigeria has surged to an unprecedented N15.1 trillion under President Bola Tinubu’s administration, eclipsing the total expenditure of his predecessor,...
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, declared that the Nigerian government is poised to save N8 trillion annually through the...
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has said that the Federal Government of Nigeria is...
Oil industry experts offered President Bola Tinubu recommendations on Tuesday, suggesting a gradual easing of the subsidy removal on Premium Motor Spirit, commonly known as petrol....
As the global oil markets and foreign exchange rates continue their tumultuous dance, President Bola Tinubu is reportedly considering a “temporary subsidy” on petrol to alleviate...
Foreign Refiners Compete as Domestic Demand Slumps and Russia Surges
President Bola Tinubu has announced that the Federal Government has successfully saved over a trillion Naira within just two months since the removal of the petrol...
Navigating the Aftermath of Subsidy Removal: Kwara State Governor Sheds Light on Tough Decisions
Nigeria Announces End of Budgetary Funding for Professional Bodies and Councils, Shifting Financial Responsibility to Institutions