Fuel Subsidy

May 29, (THEWILL) - President Bola Ahmed Tinubu, on Monday, announced the removal of fuel subsidy. Declaring the policy directive of his administration in his inaugural speech, shortly after he took his oath of office as President, Tinubu said subsidy...

For Nigeria to exit from the current fiscal crisis, create prosperity for its citizens and fulfill its obligations to them, we must end the decades-old drainpipe of petrol subsidy. There is no good time to do it. Postponing the...

In a matter of days, the Muhammadu Buhari Administration will hand over to a ‘brand new’ government. By implication, the control of the economy, warts and all, will have to change hands. It is therefore most auspicious to proffer...

May 02, (THEWILL) - Edo State Governor, Godwin Obaseki, has said it would be a miracle for the Federal and State Governments to pay salaries beyond June 2023 without depending on massively printing money or removing fuel subsidy. According to...

The confusion trailing the planned removal of fuel subsidy in Nigeria is not only shocking but also unnecessary. This is coming as most Nigerians believe that the fuel subsidy regime, which is costing the country a whopping N3.36 trillion...

Nigerians Lament Current Realities Tales of Woes Over Failed Promises By SAMUEL DIALA with UKANDI ODEY, SAMUEL UHUEGBU, DAVID OWEI, SEGUN AYINDE and UDEME UTIP There is palpable fear in the land. Everywhere you turn Nigerians, male or female, old...

April 28, (THEWILL) - The Federal Government on Friday, denied reports that it has suspended the removal of fuel subsidy. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, made the clarification in a statement signed by Yunusa Tanko...

April 28, (THEWILL) - Organised Labour in Nigeria has described the Federal Government’s decision to suspend the removal of fuel subsidy as the “best option.” Head of Information, Nigeria Labour Congress (NLC), Benson Upah, made this known while reacting to...

April 27, (THEWILL) - The National Economic Council (NEC) has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed, disclosed this on...

April 19, (THEWILL) – The Major Oil Marketers Association of Nigeria (MOMAN), has said it is in support of the Federal Government’s plan to remove oil subsidy from June 2023. MOMAN’s position comes amid strong opposition from mainstream labour...