Many readers of this blog will be familiar with the pernicious consequences of fossil fuel subsidies -- and how difficult it is to get rid of them. My colleague John Campbell, a former U.S. ambassador ...

African Democratic Congress (ADC) has advised the Bola Ahmed Tinubu-led administration to suspend the 5% fuel tax and remove ...

Experts and civil society organizations are divided over calls for the administration of Bola Ahmed Tinubu to introduce palliatives or reinstate fuel ...

Labour Party (LP) former presidential candidate, Peter Obi, has asserted that subsidy is organised crime. Naija News reports ...

Rising oil prices are once again testing Nigeria’s economy. But this time, there is no subsidy to absorb the shock. With fuel ...

Moghalu believes Nigeria economy will be revived if government does away with fuel subsidy. Moghalu in a series of tweets on Monday, May 1, 2023, said Nigerians need to be educated on the ...

Henry Ikoh, former Minister of Science and Technology, has described Nigeria’s previous fuel subsidy regime as a “monumental ...

Rising oil prices are good for Africa's top crude producer on a macroeconomic level but higher refined fuel prices will be ...

The NNPCL claims that the amount spent on fuel subsidy payment could provide 7,500km of road network at ₦‎400 million per kilometre and 37 well-equipped 120 Beds Tertiary Health Centres at ₦‎32 ...

Nigeria has had a troubled relationship with crude oil since the first commercial well flowed at Oloibiri in 1956. Time and ...

LAGOS, March 20 (Reuters) - Nigeria is trying to shed costly gasoline subsidies and enable private companies to import for the first time in years as its fuel regulator meets to draft a new price ...

Nigeria has long subsidized fuel for its citizens. The cost of the subsidy is high, and economists and the international financial institutions have argued for many years that it significantly ...