Fuel Subsidy

Asiwaju Bola Tinubu's inauguration as President of Nigeria marked a turning point for the nation, promising progress, security reform and commitment to national unity. Since assuming office, he has taken significant steps, particularly in the country's security leadership, by...

June 23, (THEWILL) - The Investors’ and Exporters’ (I&E) window (official market channel) has turned the tide against the black market, as the gap between both foreign exchange channels stood at N11.83 in favour of the official window...

June 20, (THEWILL) - The Federal Government, on Monday, said six new companies have received approval to import petroleum products into Nigeria. Farouk Ahmed, the Managing Director of Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDRA), made this disclosure to...

June 19, (THEWILL) - The Federal Government and members of organised labour under the umbrella of the Trade Union Congress (TUC) and the Nigerian Labour Congress (NLC), have resumed negotiations on the recently implemented removal of subsidy on...

The National Economic Council (NEC) on Thursday said it is considering crucial recommendations from the National Salaries Income and Wages Commission on a proposed cost of living allowance amounting to N702bn for civil servants as part of its intervention...

The Nigerian National Petroleum Company Limited (NNPCL) has said it is no longer the sole supplier of petroleum products in the country. The NNPCL posted this via its verified Twitter handle on Thursday. The announcement came after the Nigerian regulatory agency...

President Bola Tinubu has started his tenure on a very good note. His actions within his first two weeks in office are quite impressive and commendable. He is already winning the hearts of Nigerians with his actions. Even those...

June 14, (THEWILL) - “The overwhelming presence of oil did act, indirectly, to deform the economy and national life. Privileged sectors of the population began to acquire the mining mentality of newly rich spendthrifts. The uninterrupted flow of dollars...

June 14, (THEWILL) - I am an angry Nigerian and those who know me must know why I have to be! As the pioneer Administrative Secretary of the Afenifere Renewal Group (ARG), one of the major organisers of the...

June 14, (THEWILL) - Many people do not understand the politics behind fuel subsidy and its dangers to the development and growth of Nigeria, but the fuel subsidy has been a contentious issue for several years, with some calling...