Fuel Subsidy

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...

April 18, (THEWILL) - The more you try to understand Nigeria, the more confused you get. A nation that has all it takes to be so great and be the envy of other nations is wallowing in chaos dubiously...

Stakeholders and industry experts have raised the alarm over the $800 million World Bank facility secured by the Federal Government to cushion the effects of fuel subsidy removal. The Nigerian National Petroleum Corporation Limited (NNPCL) disclosed in January that it...

As an Albatross that it is, the controversial issue of removal or non-removal of fuel subsidy has once again come to the front burner of public discourse, heating up the Nigerian polity. As the nation inches to the date...

April 05, (THEWILL) - Nigeria has secured a World Bank facility worth $800 million. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this on Wednesday while briefing State House correspondents on the outcome of the Federal Executive...

March 29, (THEWILL) - The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that fuel prices in Nigeria would be sold between N360 and N400 per litre after the removal of petroleum subsidy by the...

March 28, (THEWILL) - The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has thrown its weight behind the Federal Government's plan to remove payment of subsidy on petroleum products. The association confirmed its position while speaking with...

March 22, (THEWILL) - President Muhammadu Buhari has approved the removal of subsidy on Petrol, and the implementation has been slated to commence as soon as next week, with a formal announcement expected in days, according to at least...