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Tag "Fuel subsidy"

NITT: We’re working to convert vehicles from using fossil fuel to gas

    NITT: We’re working to convert vehicles from using fossil fuel to gas

Bayero Salih-Farah, director-general of Nigerian Institute of Transport Technology (NITT), says the institute is set to begin the process of converting fossil fuel vehicles to gas-driven.  He said this on

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2023 general election and the pleasure of presidential honesty on fuel subsidy

    2023 general election and the pleasure of presidential honesty on fuel subsidy

The question of fuel (petrol) subsidy in Nigeria has been one that has been raised, times without number, and would continue to be, in the foreseeable future. Although, those who

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Zainab Ahmed: It is double jeopardy to borrow to fund petrol subsidy in 2023

    Zainab Ahmed: It is double jeopardy to borrow to fund petrol subsidy in 2023

Zainab Ahmed, minister of finance, budget and national planning, says the federal government will end petrol subsidy payments by June 2023. Ahmed said this on Tuesday during a press conference

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‘It’s just a fraud’ — Atiku vows to remove petrol subsidy if elected president

    ‘It’s just a fraud’ — Atiku vows to remove petrol subsidy if elected president

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says he would engage creditors to seek “cancellation or forgiveness” to address the country’s foreign debt profile. Abubakar said this

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IPMAN: Deregulation remains best solution to ending fuel scarcity

  IPMAN: Deregulation remains best solution to ending fuel scarcity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says total deregulation is the best solution to ending petrol scarcity. Mike

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APC campaign to NLC: By backing Obi’s presidential bid, do you support removal of petrol subsidy?

  APC campaign to NLC: By backing Obi’s presidential bid, do you support removal of petrol subsidy?

The presidential campaign council of the All Progressives Congress (APC) has asked the Nigeria Labour Congress to state its position on

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The Economist: Why Nigeria is not benefitting from ‘merry petro-party’

  The Economist: Why Nigeria is not benefitting from ‘merry petro-party’

Price controls and low production are the major reasons stopping Nigeria from profiting from the global oil boom. The Economist

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NEITI: Nigeria spent over N13trn on petrol subsidy in 15 years

  NEITI: Nigeria spent over N13trn on petrol subsidy in 15 years

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the country spent N13.7 trillion ($74.386 billion) on petrol subsidy payments from

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NNPC’s ’60m litres’ daily petrol consumption figure wrong, says Customs 

  NNPC’s ’60m litres’ daily petrol consumption figure wrong, says Customs 

The Nigeria Customs Service (NCS) has faulted claims by the Nigerian National Petroleum Company (NNPC) Limited that Nigerians consume “60

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Peter Obi: We must move Nigeria beyond oil, end petrol subsidy

  Peter Obi: We must move Nigeria beyond oil, end petrol subsidy

Peter Obi, presidential candidate of the Labour Party (LP), says the country must look for ways to run beyond oil.

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