Tag: fuel subsidy

The petrol subsidy could have drained as much as N53 trillion from government coffers under present market conditions and driven ...

The Nigerian presidency has announced a remarkable annual savings of $7.5 billion following the removal of the longstanding fuel subsidy. ...

The Federal Government of Nigeria owes the Nigerian National Petroleum Company Limited (NNPC) a significant debt of $4.9 billion (N7.8 ...

In a surprising move, the Nigerian government has reintroduced a controversial fuel subsidy policy that dates back over two decades. ...

The Central Bank of Nigeria (CBN) has released its second-quarter economic outlook, shedding light on the prevailing economic conditions and ...

In a statement issued late on October 1, 2023, by Mallam Mohammed Idris, the Minister of Information and National Orientation, ...

In a recent interview on Arise News Television's Global Business Report show, Ari Aisen, the Resident Representative for the International ...

Nigeria stands at a crossroad as President Bola Tinubu's economic reforms reshape the nation's financial landscape. From ending the fuel ...

The Nigerian government has revealed its ambitious plans to upgrade the Abuja Rail Mass Transit (ARMT) System, one of the ...

The World Bank has raised concerns about Nigeria's soaring inflation rates, which have led to a significant increase in poverty ...