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Petrol Subsidy Not Sustainable – IPMAN

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By Yunus Yusuf Lagos, - The Independent Petroleum Marketers Association of Nigeria (lPMAN), says subsidy on Premium Motor Spirit, popularly known as...

2023: Atiku, Obi, Tinubu’s energy plans conflict with reality

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ABUJA (Sundiata Post) - The three leading presidential candidates in the 2023 presidential election have made public their plans for the energy sector should...

Customs boss indicts NNPC, say it can’t justify N6.34tn petrol subsidy

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…As Reps differ over N11tn deficit in proposed 2023 budget Abuja (Sundiata Post) - The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.),...

Reps kick as stakeholders shun subsidy probe

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Abuja (Sundiata Post) - The House of Representatives, on Wednesday, condemned the critical stakeholders in the petroleum sector for failing to honour its summons to...

Subsidy deductions hit states hard, govs owe salaries, workers lament

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Abuja - State workers and pensioners on Sunday lamented they were carrying the burden of a cash crunch in the country with many...

FG removes electricity subsidy quietly, petrol in phases

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The Minister of Finance, Budgets and National Planning, Mrs. Zanaib Ahmed, said that the Federal Government, FG, has quietly removed all subsidies in the...

Fuel scarcity: NEITI blames subsidy, ex-depot price hits N180/litre

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The Nigeria Extractive Industries Transparency Initiatives, an agency of the Federal Government, on Monday, blamed the over three-week scarcity of Premium Motor Spirit, popularly...

Buhari never told anyone that subsidy be removed – Senate President

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Senate President Ahmed Lawan has assured Nigerians that subsidy on Petroleum Motor Spirit (PMS) will not be removed for now as being reported by...

Over 80 CSOs hail Buhari’s plans to end subsidy regime

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About 82 Civil Society Organisations(CSOs) under the aegis of “Civil Society Coalition for Economic Development (CED) have hailed President Muhammadu Buhari over plans to...

FG to end petrol subsidy June 2022, World Bank condemns N2.9tn...

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The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up...

Sylva: Govt in process of subsidy removal

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The Federal Government, according to the Minister of State for Petroleum Resources, Chief Timipre Sylva, has started the process of full deregulation of the...

Petrol subsidy ends after Buhari signs PIB – Minister

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The assent of the Petroleum Industry Bill by the President, Major General Muhammadu Buhari (retd.), will put an end to petrol subsidy in Nigeria,...

Experts kick against N900bn petrol subsidy payment in 2022

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Financial experts have kicked against the proposed N900 billion for petrol subsidy in 2022 and backed the Federal Government on its total removal. They disclosed...

Remove petrol subsidy, economic council tells Buhari, warns states

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The Presidential Economic Advisory Council has asked the President, Major General Muhammadu Buhari (retd.), to remove subsidy on petrol and adopt a pricing regime...

No hike in petrol price until talks with labour is concluded...

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The Nigerian National Petroleum Corporation (NNPC) on Friday assured Nigerians that it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until...

Labour Faults Fed Govt’s N50bn Monthly Electricity Susbsidy

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Organised Labour has tackled the Federal Government over claims of subsidising electricity supply across the country for over N50billion monthly. The administration of President Goodluck...