Fuel Subsidy

July 07, (THEWILL) — President Bola Tinubu, on Monday, said the removal of fuel subsidy, though painful, was necessary to free up fiscal space and redirect national resources to sectors that benefit the broader population Speaking at the opening of...

July 02, (THEWILL) — Former presidential spokesperson, Garba Shehu, has said the decision by the Muhammadu Buhari administration to remove fuel subsidies was driven by economic necessity, not political sabotage. Shehu, who served as Senior Special Assistant on Media and...

October 13, (THEWILL) – The recent fuel price hike in Nigeria, announced by the Nigerian National Petroleum Company Limited (NNPCL) on October 9, 2024, has brought the issue of fuel subsidies back into the national spotlight. The increase, which...

September 01, (THEWILL) – Dr. Reuben Abati’s recent commentary on the saga of renewed fuel queues that were largely absent in most of President Buhari’s two-term tenure and Buhari’s refusal to remove fuel subsidy towards the end of his...

August 27, (THEWILL) – I was away on vacation for just two weeks only to return to meet fuel queues still on the streets of Nigeria with the fuel stations rationing fuel in Lagos and other parts of...

June 17, (THEWILL) - On 12 June – a day set aside to commemorate the 25th year of Nigeria's unbroken democratic experience last week Wednesday – President Bola Ahmed Tinubu tumbled and fell. That's the consequence of choking off...

June 06, (THEWILL) - The Federal Government has said the position of President Bola Tinubu on fuel subsidy removal has not changed from what he declared on May 29, 2023. Special Adviser to the President on Information and Strategy, Bayo...

February 27, (THEWILL) - President Bola Tinubu has said the decision to remove petroleum subsidy was a challenging one but a necessary step to secure long-term energy security and foster economic growth of the country. Tinubu spoke on Tuesday, when...

February 25, (THEWILL) - Ardova Plc's (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024. Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the...

February 08, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Ltd, says there is no imminent hike in the pump prices of Premium Motor Spirit (PMS) or petrol. In a statement on Thursday, its Chief Corporate Communications Officer, Olufemi...