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Subsidy: CBN Has No Control Over PMS, Forex- Official

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The Central Bank of Nigeria said it had little or no control over the price of fuel or foreign exchange rate.A principal manager with...

TUC Says Nigerians Cannot Afford To Bear Brunt Of FUEL Subsidy...

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The Trade Union Congress, TUC has commended Federal Government’s decision to remove petrol subsidy, but lamented that the persistent call for sacrifices on the...

Subsidy Pain: Labour Talks Tough, ASUU, Protesters Condemn Relief Plans

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The Nigerian Labour Congress, NLC has reiterated its commitment to fight the economic pains and hardship caused by the Federal Government’s decision of petrol...

Senate Probes NNPCL’s Subsidy Regime

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The Senate constituted an ad hoc committee to investigate the fuel subsidy regime of the Nigerian National Petroleum Company Limited.This followed the adoption of...

FG Deploys More Mini-Grids In Rural Areas

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Federal Government has increased the deployment of mini-grids to boost power supply in rural communities and help mitigate the effect of the recent removal...

Palliatives Must Be For All Nigerians, Not ONLY Govt Workers’

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The Federal Government has been urged to design far-reaching palliative measures that would capture not just civil servants; however, Nigerians from all walks of...

Fuel Subsidy Removal: NEC Recommends N747bn Palliatives For Workers, Vulnerable

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The National Economic Council NEC has recommended palliatives for workers and vulnerable groups to ameliorate the harsh effects of fuel subsidy removal.This followed the...

Serap Sues President Over Failure To Probe Missing $2.1b, N3.1tr Subsidy...

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President Bola Ahmed Tinubu is dragged to the court over his failure to probe the allegations that 2.1 billion dollars and 3.1 trillion naira...

Subsidy Removal: All Accruals Should Go Into Federation Account – Finance...

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Federal Government has been called upon to ensure that all accruals from the removal of petrol subsidy should go to the Federation Account.The Forum...

Subsidy Regime: Serap Tasks Tinubu On Probe Of Alleged Mismanaged $2.1b,...

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Meanwhile, SOCIO-ECONOMIC Rights and Accountability Project, SERAP,  has urged President Bola Ahmed Tinubu to urgently investigate the allegations that $2.1 billion dollars and 3.1...

Fuel Subsidy: NLC, TUC Suspend Planned Nationwide Strike

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The Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, have suspended their strike scheduled for Wednesday.The decision followed a meeting by the...

Subsidy Removal: Labour Suspends Strike Plan

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The Organised Labour has suspended its planned industrial action over petrol subsidy removal by the Federal Government.The decision was announced after meeting between a...

Probe $2.1bn, N3.1tn Subsidy Fraud, Serap Tells Tinubu

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President Bola Tinubu has been advised to investigate the 2.1 billion dollars and 3.1 trillion-naira subsidy payments allegedly missing and unaccounted for between 2016...

Subsidy: Over 3 Trillion Naira Spent In 16 Years – FG.

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The Federal Government says over 13 trillion naira was spent on subsidy payment in 16 years between 2005 and 2021.The Secretary to the Government...

FG Seeks Partnership With VON As It Ends Fuel Subsidy

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Ministry of Finance, Budget and National Planning, has sought partnership with Voice of Nigeria VON as the Federal Government ends subsidy regime in June.Ministry...

Fuel Subsidy To Go By June 2023, Says Finance Minister

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The petroleum subsidy is to be completely removed by June 2023, according to the Federal Government.Minister of Finance, Budget and National Planning, Zainab Ahmed,...

NERC Confirms Removal Of Subsidy, Says Tariff To Be Reviewed Every...

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The Nigerian Electricity Regulatory Commission has confirmed the removal of electricity subsidies by the Federal Government.Addressing a news conference in Abuja, the Chairman of...

Petrol Subsidy Removal: IPMAN Faults NLC’S Planned Protest

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The Independent Petroleum Marketers Association of Nigeria, IPMAN says the planned nationwide protest against petrol subsidy removal by the Nigeria Labour Congress, NLC is...

Subsidy: NEC Asks Nigerians To Wait Till June For Decision On

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The National Economic Council (NEC) has asked Nigerians to wait till June for a decision to be reached on the removal of fuel subsidy.Nasarawa...

Petrol: Economic Council Yet To Decide On Subsidy Removal

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The National Economic Council, NEC is yet to take a decision on petrol   subsidy removal as deliberations are still ongoing.Governor Godwin Obaseki of Edo...
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