petrol subsidy

  1. Nigerians Ridicule NNPCL's N10 Fuel Price Drop as Paltry and Insignificant

    Nigeria Nigerians Ridicule NNPCL's N10 Fuel Price Drop as Paltry and Insignificant

    The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N640 per litre to N630 per litre. This decision aims to alleviate the financial burden on consumers amidst concerns over escalating...
  2. Nigerians Unfazed by President Tinubu's Allegations of Resistance from Smugglers and Subsidy Beneficiaries Amid Insecurity and Hardship

    Nigeria Nigerians Unfazed by President Tinubu's Allegations of Resistance from Smugglers and Subsidy Beneficiaries Amid Insecurity and Hardship

    President Bola Tinubu encountered resistance from subsidy beneficiaries and smugglers as he strives to reshape Nigeria's economy. Speaking at a meeting with APC state chairmen, Tinubu emphasized the government's determination to overcome destabilizing forces hindering economic progress...
  3. Nigerians Shocked by Pinnacle MD's Revelation Contradicting Government's Subsidy Removal Claim

    Nigeria Nigerians Shocked by Pinnacle MD's Revelation Contradicting Government's Subsidy Removal Claim

    The Managing Director and CEO of Pinnacle Oil and Gas Limited, Mr. Robert Dickerman, has disclosed that despite the supposed deregulation of the petroleum sector, Nigeria continues to pay a substantial monthly subsidy of about N1 trillion for petrol. Speaking at the Nigeria International...
  4. Nigerians Outraged As Businessday Report Reveals Petrol Subsidy Approaching 1 Trillion Monthly, Surpassing Buhari's Era

    Nigeria Nigerians Outraged As Businessday Report Reveals Petrol Subsidy Approaching 1 Trillion Monthly, Surpassing Buhari's Era

    In a surprising turn of events, Nigeria's petrol subsidy has made a comeback, reaching an alarming N907.5 billion per month, surpassing the pre-Tinubu era. BusinessDay's analysis attributes this surge to the country's foreign exchange crisis, pushing the actual cost of a litre of fuel to...
  5. Suffering and Not Smiling: Nigerians Looking for Answers As IMF Confirm The Secret Return of Oil Subsidies

    Nigeria Suffering and Not Smiling: Nigerians Looking for Answers As IMF Confirm The Secret Return of Oil Subsidies

    In a surprising turn of events, the International Monetary Fund (IMF) has confirmed that the Nigerian government, under President Bola Tinubu's administration, has quietly resumed the payment of subsidies on petrol, also known as premium motor spirit (PMS). This revelation comes just months...
  6. Why Removing Petrol Subsidy Was Necessary to Save Nigeria's Future - Tinubu

    Nigeria Why Removing Petrol Subsidy Was Necessary to Save Nigeria's Future - Tinubu

    Nigerian President Bola Tinubu defended the removal of the petrol subsidy, stating that it was a necessary move to prevent the country from collapsing. He acknowledged the hardship it caused due to a subsequent increase in petrol prices, but emphasized that it was essential for the nation's...
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    Business Naira Plummets to 920/$, as Fuel Marketers Advocate for Price Increase

    Oil marketers are reiterating their call for a potential increase in the price of Premium Motor Spirit (PMS), commonly known as petrol, due to the ongoing depreciation of the Nigerian naira against the US dollar. The black market exchange rate for the naira reached 920/dollar, prompting...
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    Metro Labour Faults Tinubu’s Broadcast, Insists On Protest - Daily Trust

    https://dailytrust.com/labour-faults-tinubus-broadcast-insists-on-protest/
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    Metro Forex challenge driving petrol price towards N581 per litre - Vanguard Newspaper

    https://www.vanguardngr.com/2023/06/forex-challenge-driving-petrol-price-towards-n581-per-litre/
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    Metro Subsidy: Labour threatens strike, resumes talks with FG - Punch Newspaper

    https://punchng.com/subsidy-labour-threatens-strike-resumes-talks-with-fg/
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    Metro Obaseki Increases Minimum Wage To N40000, Reduces Workdays To Thrice A Week - Pulse Ng

    https://www.pulse.ng/news/local/fuel-subsidy-obaseki-increases-minimum-wage-to-naira40k-for-edo-workers/98e3x9s
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    Metro Why we suspended planned nationwide strike — NLC, TUC - Vanguard Newspaper

    https://www.vanguardngr.com/2023/06/why-we-suspended-planned-nationwide-strike-nlc-tuc/
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    Metro Increase In Wages, Reversal Of PMS Pump Price: TUC Lists Demands To FG - AIT

    https://ait.live/petrol-subsidy-tuc-demands-new-minimum-wage/
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    Politics Fuel subsidy: Oshiomhole rules out return to old price, as TUC insists on N194/liter - Daily Post

    https://dailypost.ng/2023/06/05/fuel-subsidy-oshiomhole-rules-out-return-to-old-price-as-tuc-insists-on-n194-liter/
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    Metro My nasty experience with vicious fuel subsidy cabal, by Okonjo-Iweala - Vanguard Newspaper

    https://www.vanguardngr.com/2023/06/my-nasty-experience-with-vicious-fuel-subsidy-cabal-by-okonjo-iweala/
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    Politics Atiku Breaks Silence On Subsidy Removal, Knocks Tinubu - Daily Trust

    https://dailytrust.com/atiku-breaks-silence-on-subsidy-removal-knocks-tinubu/
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    Metro Subsidy Removal: ‘Watermelon I Bought Yesterday For N800 Now N2,000’ – Trade Expert - Channels TV

    https://www.channelstv.com/2023/06/02/subsidy-removal-watermelon-i-bought-yesterday-for-n800-now-n2000-trade-expert-boyede/
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    Metro Tinubu Has Ordered Palliatives To Cushion Effects Of Subsidy Removal – Kyari - Leadership Newspaper

    https://leadership.ng/tinubu-has-ordered-palliatives-to-cushion-effects-of-subsidy-removal-kyari/
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    Metro I Miss Buhari, Nigeria Man Cries Out After Buying Fuel For N600 Per Litre

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    Metro Fuel Subsidy: FG, Labour Leaders’ Meeting Ends In Deadlock - Daily Trust

    https://dailytrust.com/breaking-fg-labour-leaders-meeting-ends-in-deadlock/
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