News

Former Secretary to the Government of the Federation (SGF), Babachir Lawal, has accused President Bola Ahmed Tinubu’s ...
NIGERIA’S fiscal stability is coming under renewed strain as the anticipated benefits of fuel subsidy removal are being ...
When Nigeria floated the naira in mid-2023 and ended its decades-long fuel subsidy, economists called it bold. Investors ...
Nigeria's Dangote Refinery is importing 4,000 natural-gas powered trucks as part of plans to distribute refined products ...
Nigeria is facing a 9.8m liter daily gasoline shortfall, with Dangote Refinery supplying over 40 million liters daily, as ...
The immediate past governor of Delta State, Senator Ifeanyi Okowa, has condemned previous administrations in the country for ...
Former EFCC chairman Abdulrasheed Bawa, in his new book, revealed that Nigeria lost over $450 million to oil subsidy fraud between 2006 and 2012.
The Presidential Compressed Natural Gas Initiative, PCNGi,  has revealed that Nigeria was headed towards a staggering N12 trillion fuel subsidy bill in 2023 before President Bola Tinubu intervened to ...
The Minister of Industry, Trade and Investment, Jumoke Oduwole, has said Nigeria’s economy remains on a steady growth ...
Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country has saved a staggering $20 billion following the removal of the petrol subsidy and ...
Kyari said the oil company would continue to meet its obligations by providing PMS for Nigeria, adding that the over N400 billion monthly subsidy had been a severe strain on NNPCL’s cash flow.
Nigeria's fuel importers claim the government owes 880 billion naira in subsidies accrued over the past five years, highlighting the urgent need for deregulation, the finance minister said on Tuesday.